Palmetto Business Forum
- Assets
- $121.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Columbia, SC
- Founding
- 01/1976
- Data as of
- 06/2022
- EIN
- 57-0620173
Organization Overview
Palmetto Business Forum is located in Columbia, SC. The organization was established in 1976. According to its NTEE Classification (O01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Palmetto Business Forum 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 06/2022, Palmetto Business Forum generated $160.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 40.2% each year . All expenses for the organization totaled $95.3k during the year ending 06/2022. 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
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dirk R Pieper Chairman | 1 | $0 | |
Edwin W Johnson II Secretary | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $160,000 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $160,000 |
| 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 | $92,775 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,508 |
| Total expenses | $95,283 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $116,607 |
| Other assets | $0 |
| Total assets | $121,607 |
| Total liabilities | $8,027 |
| Net assets or fund balances | $113,580 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Palmetto Business Forum has recieved totaling $35,000.
| Awarding Organization | Amount |
|---|---|
State Policy Network Arlington, VA PURPOSE: ECONOMIC FREEDOM RESEARCH | $35,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nc One Hundred Strong Inc Reidsville, NC | $127,059 | $288,795 |
Palmetto Business Forum Columbia, SC | $121,607 | $0 |
Jonathans House Ministries Inc Tunnel Hill, GA | $42,874 | $0 |
4 Evamor Inc Columbus, GA | $0 | $0 |
Wilflo Foundation Ellenwood, GA | $58,429 | $0 |
Men of Action Youth Mentoring Organization Jonesville, SC | $0 | $0 |
Power Packed Leadership Organization Inc Magnolia, NC | $1,560 | $0 |
Inspire Impact & Stream Foundation Lithonia, GA | $0 | $0 |
2nd Chance To Life Inc Stockbridge, GA | $0 | $0 |
A Journee Of Life Inc Jonesboro, GA | $0 | $0 |