Tabor City Committee Of 100 Inc
- Assets
- $253.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tabor City, NC
- Founding
- 03/1986
- Data as of
- 12/2022
- EIN
- 56-1422293
Organization Overview
Tabor City Committee Of 100 Inc is located in Tabor City, NC. The organization was established in 1986. According to its NTEE Classification (W20) the organization is classified as: Government & Public Administration, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tabor City Committee Of 100 Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Tabor City Committee Of 100 Inc generated $40.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.5%) each year. All expenses for the organization totaled $102.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROMOTES REVITALIZATION EFFORTS TO ENCOURAGE ECONOMIC DEVELOPMENT WITHIN TABOR CITY AND THE SURROUNDING AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gordon Trent Burroughs Chairman | 1 | $0 | |
Roderick D Sanders Treasurer | 1 | $0 | |
Chris Russell Secretary | 1 | $0 | |
Dennis Jones Vice Chairman | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,759 |
| Total Program Service Revenue | $0 |
| Membership dues | $23,450 |
| Investment income | $151 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $40,360 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,457 |
| Total expenses | $101,957 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $253,425 |
| Other assets | $0 |
| Total assets | $253,425 |
| Total liabilities | $0 |
| Net assets or fund balances | $253,425 |