Mccormick County Chamber Of Commerce
- Assets
- $61.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mc Cormick, SC
- Founding
- 05/1989
- Data as of
- 06/2022
- EIN
- 57-0873927
Organization Overview
Mccormick County Chamber Of Commerce is located in Mc Cormick, SC. The organization was established in 1989. 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. Mccormick County 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 06/2022, Mccormick County Chamber Of Commerce generated $97.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $79.1k during the year ending 06/2022. While expenses have increased by 6.6% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO HELP BUSINESSES PROSPER AND PROMOTE MCCORMICK COUNTYS QUALITY OF LIFE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larnell Leverage Director | 1 | $0 | |
Terry Olson Treasurer | 2 | $0 | |
James Smith Vice Chair | 1 | $0 | |
Charlotte Tallent Executive Director | 29 | $0 | |
Vicki Dorn Secretary | 1 | $0 | |
Matt Dove Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,250 |
| Total Program Service Revenue | $0 |
| Membership dues | $23,950 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $26,180 |
| Total Revenue | $97,380 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $27,532 |
| Professional fees and other payments to independent contractors | $650 |
| Occupancy, rent, utilities, and maintenance | $8,202 |
| Printing, publications, postage, and shipping | $20,877 |
| Other expenses | $21,888 |
| Total expenses | $79,149 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,307 |
| Other assets | $0 |
| Total assets | $61,553 |
| Total liabilities | $6,214 |
| Net assets or fund balances | $55,339 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Zinc Association Durham, NC | $9,583,285 | $9,824,037 |
Corenet Global Inc Atlanta, GA | $22,405,208 | $10,074,155 |
North American Transmission Forum Inc Charlotte, NC | $10,236,042 | $8,601,218 |
North Carolina Association Of Cpas Raleigh, NC | $10,162,234 | $7,194,699 |
Charlotte Regional Business Alliance Charlotte, NC | $7,391,454 | $7,941,534 |
Highpoint International Home Furnis Hings Market Authority Corp High Point, NC | $6,441,488 | $7,467,309 |
Allinial Global Lawrenceville, GA | $3,508,006 | $7,173,344 |
New Durham Corporation Durham, NC | $203,681,091 | $6,567,478 |
American Society Of Echocardiography Incorporated Durham, NC | $13,829,429 | $8,348,345 |
Georgia Chamber Of Commerce Inc Atlanta, GA | $7,473,907 | $7,231,952 |
Georgia Society Of Certified Public Accountants Inc Atlanta, GA | $8,640,811 | $5,890,900 |
North Carolina Chamber Raleigh, NC | $5,379,705 | $5,813,998 |