Banks County Chamber Of Commerce Inc
- Assets
- $311.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Homer, GA
- Founding
- 04/1985
- Data as of
- 12/2021
- EIN
- 58-1355391
Organization Overview
Banks County Chamber Of Commerce Inc is located in Homer, GA. The organization was established in 1985. 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. Banks 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 12/2021, Banks County Chamber Of Commerce Inc generated $46.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.7% each year . All expenses for the organization totaled $22.8k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
IMPROVE THE OVERALL BUSINESS CLIMATE FOR ITS MEMBERS. PROMOTE COMMUNITY DEVELOPMENT, FACILITATE POLITICAL ACTION AND ENHANCE THE QUALITY OF LIFE IN BANKS COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Ayers Board Member | 2 | $0 | |
Kim Ledford Board Member | 2 | $0 | |
Mary Greenwood Board Member | 2 | $0 | |
Howard Ledford Board Member | 2 | $0 | |
Judy Mcclure Board Member | 2 | $0 | |
Mark M Valentine Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,016 |
| Membership dues | $38,000 |
| Investment income | $130 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $6,463 |
| Other Revenue | $0 |
| Total Revenue | $46,609 |
| 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 | $4,582 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,247 |
| Total expenses | $22,829 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $209,905 |
| Other assets | $0 |
| Total assets | $311,267 |
| Total liabilities | $1,535 |
| Net assets or fund balances | $309,732 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Banks County Chamber Of Commerce Inc has recieved totaling $5,200.
| Awarding Organization | Amount |
|---|---|
Northeast Georgia Health System Inc Gainesville, GA PURPOSE: FUNDRAISING EVENTS | $5,200 |
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 |
Nashville Area Chamber Of Commerce Nashville, TN | $10,414,739 | $9,196,086 |
Visit Pensacola Inc Pensacola, FL | $2,535,965 | $7,930,486 |
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 |
The Florida Restaurant & Lodging Association Inc Tallahassee, FL | $14,927,226 | $6,472,755 |