Orangeburg Co Chamber Of Commerce
- Assets
- $322.9k
- Revenue
- $358.7k
- Investments
- $0.0
- Employees
- 3
- Location
- Orangeburg, SC
- Founding
- 10/1942
- Data as of
- 12/2022
- EIN
- 57-0219387
Organization Overview
Orangeburg Co Chamber Of Commerce is located in Orangeburg, SC. The organization was established in 1942. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Orangeburg Co Chamber Of Commerce employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Orangeburg Co Chamber Of Commerce 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, Orangeburg Co Chamber Of Commerce generated $358.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $347.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTION OF TOURISM AND BUSINESS IN ORANGEBURG COUNTY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF TOURISM & BUSINESS DEVELOPMENT IN THE COUNTY OF ORANGEBURG
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leigh Ann Bolen VP Of Tourism And Promotion | OfficerTrustee | 0 | $0 |
Robert Etheridge Treasurer | OfficerTrustee | 0 | $0 |
Devin Randolph VP Of Membership | OfficerTrustee | 0 | $0 |
Joseph Fairey VP Of Business Development | OfficerTrustee | 0 | $0 |
Caroline Farmer VP Of Public Affairs | OfficerTrustee | 0 | $0 |
Jessica Burgoyne VP Of Community Betterment | OfficerTrustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $175,379 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $156,898 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $332,277 |
| Total Program Service Revenue | $0 |
| Investment income | $10 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $380 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $26,565 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $358,739 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $87,166 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $30,218 |
| Payroll taxes | $12,452 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,455 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $109,252 |
| Office expenses | $22,242 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,027 |
| Travel | $1,364 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,733 |
| Interest | $416 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $383 |
| Insurance | $3,077 |
| All other expenses | -$61,376 |
| Total functional expenses | $347,927 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$1 |
| Savings and temporary cash investments | $287,905 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $32,489 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,248 |
| Net Land, buildings, and equipment | $305 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $322,946 |
| Accounts payable and accrued expenses | $9,046 |
| Grants payable | $0 |
| Deferred revenue | $71,516 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $80,562 |
| Net assets without donor restrictions | $153,027 |
| Net assets with donor restrictions | $89,357 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $322,946 |
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