Sumter Chamber Of Commerce Foundation
- Assets
- $18.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sumter, SC
- Founding
- 09/1994
- Data as of
- 03/2022
- EIN
- 57-0811012
Organization Overview
Sumter Chamber Of Commerce Foundation is located in Sumter, SC. The organization was established in 1994. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, 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. Sumter Chamber Of Commerce Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2022, Sumter Chamber Of Commerce Foundation generated $26.5k 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 (15.2%) each year. All expenses for the organization totaled $13.6k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (24.6%) 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
AIM IS FOR THE ADVANCEMENT AND DIFFUSION OF KNOWLEDGE AND UNDERSTANDING OF ECONOMICS, MATTERS OF PUBLIC CONCERN, FINANCE, EDUCATION & TRAINING, HOUSING, HUMAN RELATIONS, PROBLEMS OF MINORITY GROUPS, SCIENCE & TECHNOLOGY, ECONOMIC PLANNING & DEVELOPMENT, INTERNATIONAL RELATIONS, AND OTHER SUBJECTS TO IMPROVE EFFICIENCY, DEVELOPMENT, AND ACCELERATION OF BOTH THE QUALITY AND QUANTITY OF ECONOMIC GROWTH AND EMPLOYMENT OPPORTUNITIES IN THE GREATER SUMTER AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cary Coker Chair Elect | 1 | $0 | |
Kim Hatchell Chair | 1 | $0 | |
Dennis Turner Immediate Pa | 1 | $0 | |
Keith Ivey Director | 1 | $0 | |
Jimmy Davis Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $10 |
| Total Revenue | $26,510 |
| 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 | $13,570 |
| Total expenses | $13,570 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,521 |
| Other assets | $0 |
| Total assets | $18,521 |
| Total liabilities | $5,000 |
| Net assets or fund balances | $13,521 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sumter Chamber Of Commerce Foundation has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
The Williams Brice Edwards Charitable Trust Sumter, SC PURPOSE: SPECIAL PROJECT | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Revitalization And Reservation Corporation Raleigh, NC | $42,174,048 | $6,127,827 |
Action Ministries Inc Atlanta, GA | $1,217,329 | $6,005,144 |
Macon Program For Progress Inc Franklin, NC | $4,140,182 | $6,952,364 |
Lowcountry Community Action Agency 807 Hampton Walterboro, SC | $2,100,801 | $6,798,498 |
South Carolina Association Of Community Action Partnerships Columbia, SC | $5,897,085 | $5,969,742 |
St James Plantation Property Owners Association Inc Southport, NC | $7,137,259 | $6,065,011 |
Fcs Urban Ministries Inc Atlanta, GA | $14,341,492 | $9,768,608 |
Greater Lake City Alliance Lake City, SC | $96,049,976 | $19,968,830 |
West Central Georgia Community Action Council Inc Montezuma, GA | $642,760 | $3,371,708 |
Central Piedmont Community Action Inc Siler City, NC | $712,195 | $3,336,441 |
El Centro Hispano Inc Durham, NC | $2,717,075 | $4,375,349 |
Central Atlanta Progress Inc Atlanta, GA | $5,979,541 | $3,089,217 |