Lake City Chamber Of Commerce
- Assets
- $86.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lake City, SC
- Founding
- 03/1993
- Data as of
- 12/2021
- EIN
- 57-0363390
Organization Overview
Lake City Chamber Of Commerce is located in Lake City, SC. The organization was established in 1993. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lake City 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 12/2021, Lake City Chamber Of Commerce generated $119.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $123.4k during the year ending 12/2021. While expenses have increased by 0.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timmy Lynch President | 0 | $0 | |
Janet Hicks Treasurer | 0 | $0 | |
Mac Matthews Vice Preside | 0 | $0 | |
Erin Stelling Parliamentar | 0 | $0 | |
Kassandra Brown Board Member | 0 | $0 | |
Jessi Grimsley Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,103 |
| Total Program Service Revenue | $23,525 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $25,300 |
| Other Revenue | $0 |
| Total Revenue | $119,928 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $43,030 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $17,087 |
| Printing, publications, postage, and shipping | $1,269 |
| Other expenses | $61,999 |
| Total expenses | $123,385 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,414 |
| Other assets | $0 |
| Total assets | $86,306 |
| Total liabilities | $1,137 |
| Net assets or fund balances | $85,169 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North American Electric Reliabilitycorporation Atlanta, GA | $65,227,333 | $81,782,902 |
Gsma Ltd Atlanta, GA | $262,728,803 | $123,320,595 |
Srcco Inc Durham, NC | $42,497,453 | $49,465,239 |
Southern Motor Carriers Association Inc Peachtree City, GA | $87,365,051 | $35,375,343 |
Unc Management Company Inc Chapel Hill, NC | $53,097,067 | $30,528,524 |
Serc Reliability Corporation Charlotte, NC | $16,241,101 | $25,718,150 |
American Society Of Heating Refrigerating & A-C Engineers Peachtree Corners, GA | $58,779,760 | $22,960,689 |
Motor & Equipment Manufacturers Association Research Triangle Park, NC | $37,966,318 | $17,239,678 |
Gwinnett Convention And Visitors Bureau Inc Duluth, GA | $29,610,598 | $21,705,089 |
Asian American Hotel Owners Association Atlanta, GA | $22,232,306 | $14,292,123 |
Catapult Employers Association Inc Charlotte, NC | $29,062,151 | $11,591,592 |
Material Handling Industry Charlotte, NC | $47,683,626 | $9,373,813 |