Covington-Newton County Chamber Of Commerce Inc

Organization Overview

Covington-Newton County Chamber Of Commerce Inc is located in Covington, GA. The organization was established in 1963. 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 06/2022, Covington-Newton County Chamber Of Commerce Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Covington-Newton County Chamber Of Commerce Inc 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, Covington-Newton County Chamber Of Commerce Inc generated $508.8k 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 (13.4%) each year. All expenses for the organization totaled $504.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (13.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE NEWTON CHAMBER OF COMMERCE WILL BE A CATALYST FOR BUSINESS GROWTH, AN ADVOCATE FOR BUSINESSES AMONG OUR COMMUNITY PARTNERS, AND A CHAMPION FOR A QUALITY OF LIFE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO IMPROVE INDUSTRIAL GROWTH AND OTHER ECONOMIC GROWTH WHILE SEEKING TO IMPROVE ECONOMIC AND GENERAL CONDITIONS IN THE COMMUNITY.


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Board, Officers & Key Employees

Name (title)Compensation
Debbie Harper
President/ceo
$88,625
David Kent
Chair
$0
Hunter Hall
Immediate Past Chair
$0
Tessa Nolan
Finance Chair
$0
Jay Bailey
Chair Elect
$0
Ted Cummings
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $94,708
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$94,708
Total Program Service Revenue$383,091
Investment income $743
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $12,678
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $17,596
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $508,816

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Covington-Newton County Chamber Of Commerce Inc has recieved totaling $10,000.

Awarding OrganizationAmount
Piedmont Healthcare Inc

Atlanta, GA

PURPOSE: CMTY BENEFIT

$10,000
View Grant Recipient Profile

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