Palmetto Business Forum
- Assets
- $38.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Columbia, SC
- Founding
- 01/1976
- Data as of
- 06/2024
- 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 06/2024, Palmetto Business Forum generated $132.0k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 27.3% each year . All expenses for the organization totaled $116.4k during the year ending 06/2024. While expenses have increased by 0.1% per year over the past 9 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Halsey M Cook Jr Chairman | 1 | $0 | |
John F Wall IV Secretary | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $132,000 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $132,000 |
| 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 | $92,800 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $23,591 |
| Total expenses | $116,391 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,052 |
| Other assets | $0 |
| Total assets | $38,052 |
| Total liabilities | $8,029 |
| Net assets or fund balances | $30,023 |