Griffin-Spalding Chamber Of Commerce
- Assets
- $104.6k
- Revenue
- $221.0k
- Investments
- $0.0
- Employees
- 4
- Location
- Griffin, GA
- Founding
- 08/1945
- Data as of
- 12/2021
- EIN
- 58-0270557
Organization Overview
Griffin-Spalding Chamber Of Commerce is located in Griffin, GA. The organization was established in 1945. 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. As of 12/2021, Griffin-Spalding Chamber Of Commerce employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Griffin-Spalding 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, Griffin-Spalding Chamber Of Commerce generated $221.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $247.7k during the year ending 12/2021. While expenses have increased by 5.1% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE GRIFFIN-SPALDING CHAMBER OF COMMERCE PROVIDES LEADERSHIP THROUGH ITS MEMBERS TO ADVANCE THE ECONOMIC POTENTIAL AND QUALITY OF LIFE IN THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH THE PROGRAMS SERVICES THE CHAMBER HAS CONTINUED TO ALLOW ITS MEMEBERS TO SHAPE ITS COMMUNITY BY PARTICIPATING IN PROJECTS AND SPECIAL TASK GROUPS THAT APPLY BUSINESS-ORIENTED SOLUTIONS TO COMMUNITY CONCERNS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cindy Jones Executive Di | Officer | 40 | $55,435 |
Nicholas Bland Director | Trustee | 1 | $0 |
Scott Burfitt Director | Trustee | 1 | $0 |
Carmen Caldwell Chairman | Trustee | 2 | $0 |
Katie Castanien Director | Trustee | 1 | $0 |
Tim Hearn Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $31,749 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,423 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,172 |
| Total Program Service Revenue | $162,971 |
| Investment income | $8,623 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,176 |
| Net Income from Fundraising Events | $6,197 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $820 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $220,959 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,888 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $57,042 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $69,833 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $19,898 |
| Payroll taxes | $13,349 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,680 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $18,316 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $330 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,122 |
| All other expenses | $5,379 |
| Total functional expenses | $247,719 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,447 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $58,166 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $104,613 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,148 |
| Total liabilities | $5,148 |
| Net assets without donor restrictions | $99,465 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $104,613 |
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|---|---|---|
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