Bartlett Area Chamber Of Commerce
- Assets
- $686.0k
- Revenue
- $494.6k
- Investments
- $0.0
- Employees
- 6
- Location
- Bartlett, TN
- Founding
- 10/1979
- Data as of
- 06/2021
- EIN
- 58-1375064
Organization Overview
Bartlett Area Chamber Of Commerce is located in Bartlett, TN. The organization was established in 1979. 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 06/2021, Bartlett Area Chamber Of Commerce employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bartlett Area 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 06/2021, Bartlett Area Chamber Of Commerce generated $494.6k 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 (3.9%) each year. All expenses for the organization totaled $515.8k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (2.1%) 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
DEVELOPMENT AND PROMOTION OF ITS BUSINESS AND GOVERNMENT MEMBERS IN THE BARTLETT, TN AREA TO THE GENERAL PUBLIC AND TO PROMOTE NEW BUSINESS DEVELOPMENT IN THE BARTLETT, TN AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ECONOMIC DEVELOPMENT: RECRUITMENT AND ASSISTING OF LOCAL BUSINESSES AND INDUSTRIES; SMALL BUSINESS DEVELOPMENT, EDUCATION AND SEMINARS PROVIDING INFORMATION ABOUT THE BARTLETT AREA INCLUDING EDUCATE, PROMOTE AND PROVIDE INFORMATION FOR ENERGY EFFICIENCY DEVELOPMENT
COMMUNITY & MARKETING DEVELOPMENT: PROMOTE CIVIC AND COMMUNITY EVENTS; SPONSOR LEADERSHIP DEVELOPMENT PROGRAMS FOR ADULTS AND YOUTH; PROVIDE OPPORTUNITIES FOR BUSINESS AND EDUCATIONAL PARTNERSHIPS; PROVIDE INFORMATION TO THE COMMUNITY BY SPONSORING AND PUBLISHING BARTLETT MAGAZINE, NEWSLETTERS AND MEMBERS' DIRECTORY; AND PROVIDE AND PROMOTE COMMUNITY CHARTY EVENTS.
MEMBERSHIP DEVELOPMENT: PROMOTE MEMBERS' BUSINESSES AND INDUSTRIES; PROVIDE BUSINESS MEETINGS FOR MEMBERS AND OTHER SPECIAL EVENTS.
PROGRAM SUPPORT SERVICES: MEMBERSHIP DUES FOR MANAGEMENT AND GENERAL EXPENSES USED TO SUPPORT ALL PROGRAM SERVICE ACHIEVEMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John P Threadgill President | OfficerTrustee | 40 | $0 |
Justin Byrd Board Member | Trustee | $0 | |
Richard Campbell Board Member | Trustee | $0 | |
Darrell Smith Board Member | Trustee | $0 | |
Kendricks Hooker Board Member | Trustee | $0 | |
Pat Harcourt Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $233,050 |
| Investment income | $12 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$3,708 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $494,639 |
| Statement of Expenses | |
|---|---|
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $237,796 |
| Pension plan accruals and contributions | $3,186 |
| Other employee benefits | $3,315 |
| Payroll taxes | $20,750 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,714 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $29,917 |
| Advertising and promotion | $1,380 |
| Office expenses | $57,362 |
| Information technology | $16,814 |
| Royalties | $0 |
| Occupancy | $21,935 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $38,627 |
| Interest | $789 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,982 |
| Insurance | $3,244 |
| All other expenses | $0 |
| Total functional expenses | $515,757 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $87,032 |
| Savings and temporary cash investments | $10,098 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $131,928 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $75,232 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $685,976 |
| Accounts payable and accrued expenses | $5,076 |
| 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 | $281,795 |
| Unsecured mortgages and notes payable | $1,201 |
| Other liabilities | $2,302 |
| Total liabilities | $290,374 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $395,602 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Federation Of Independent Business Inc Nashville, TN | $77,203,691 | $109,079,617 |
North American Electric Reliabilitycorporation Atlanta, GA | $65,227,333 | $81,782,902 |
Gsma Ltd Atlanta, GA | $262,728,803 | $123,320,595 |
Packaging Machinery Manufacturers Institute Inc Herndon, VA | $71,869,344 | $62,733,082 |
Consumer Technology Association Arlington, VA | $357,760,838 | $25,474,279 |
Srcco Inc Durham, NC | $42,497,453 | $49,465,239 |
Fs-Isac Inc Reston, VA | $27,418,346 | $31,957,295 |
National Association Of Convenience Stores Inc Alexandria, VA | $81,131,547 | $56,800,862 |
National Association Of State Boards Of Accountancy Inc Nashville, TN | $83,126,370 | $38,317,801 |
Air-Conditioning Heating And Refrigeration Institute Arlington, VA | $58,066,234 | $32,390,159 |
Southern Motor Carriers Association Inc Peachtree City, GA | $87,365,051 | $35,375,343 |
Unc Management Company Inc Chapel Hill, NC | $53,097,067 | $30,528,524 |