Chamber Of Commerce-Moultrie-Colquitt
- Assets
- $735.9k
- Revenue
- $303.7k
- Investments
- $0.0
- Employees
- 7
- Location
- Moultrie, GA
- Founding
- 04/1941
- Data as of
- 12/2021
- EIN
- 58-0360773
Organization Overview
Chamber Of Commerce-Moultrie-Colquitt is located in Moultrie, GA. The organization was established in 1941. 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, Chamber Of Commerce-Moultrie-Colquitt employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chamber Of Commerce-Moultrie-Colquitt 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, Chamber Of Commerce-Moultrie-Colquitt generated $303.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $275.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 7 years. 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
TO ADVANCE ECONOMIC, CIVIC, AND CULTURAL GROWTH OF THE CITY OF MOULTRIE AND COLQUITT COUNTY; TO ENHANCE THE QUALITY OF LIFE AND CONTINUOUSLY WORK TO IMPROVE AND PROMOTE THE AREA AS A PLACE TO LIVE AND CONDUCT BUSINESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHAMBER SERVED OVER 500 MEMBERS DURING THE YEAR IN ADDITION TO THE COMMUNITY AT LARGE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tommie Beth Willis President | Officer | 40 | $50,871 |
Judy Burnham Ambassador C | OfficerTrustee | 1 | $0 |
Richard Edwards Treasurer | OfficerTrustee | 1 | $0 |
Connie Fritz Chair Elect | OfficerTrustee | 1 | $0 |
Joanne Jones Chairman | OfficerTrustee | 1 | $0 |
Katie Jenkins Tourism Chai | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $164,473 |
| Fundraising events | $0 |
| Related organizations | $10,710 |
| Government grants | $16,800 |
| All other contributions, gifts, grants, and similar amounts not included above | $56,106 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $248,089 |
| Total Program Service Revenue | $0 |
| Investment income | $94 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $55,480 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $303,663 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $50,871 |
| Compensation of current officers, directors, key employees. | $40,697 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $87,372 |
| Pension plan accruals and contributions | $7,556 |
| Other employee benefits | $17,995 |
| Payroll taxes | $10,323 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,366 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $34,572 |
| Office expenses | $15,060 |
| Information technology | $1,465 |
| Royalties | $0 |
| Occupancy | $10,020 |
| Travel | $1,500 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,786 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,101 |
| Insurance | $4,236 |
| All other expenses | $380 |
| Total functional expenses | $275,947 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $454,656 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,351 |
| 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 | $272,927 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $735,934 |
| Accounts payable and accrued expenses | $5,991 |
| 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 | $0 |
| Total liabilities | $5,991 |
| Net assets without donor restrictions | $729,943 |
| 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 | $735,934 |
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