Madison County Chamber Of Commerce Inc
- Assets
- $96.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Danielsville, GA
- Founding
- 07/1989
- Data as of
- 12/2021
- EIN
- 58-1632642
Organization Overview
Madison County Chamber Of Commerce Inc is located in Danielsville, GA. The organization was established in 1989. 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. Madison 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, Madison County Chamber Of Commerce Inc generated $134.7k 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 (3.3%) each year. All expenses for the organization totaled $124.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 7 years. 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
PROMOTING GROWTH AND DEVELOPMENT FOR THE COMMUNITY AND BUSINESSES OF MADISON COUNTY, GEORGIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Williams Board Member | 0 | $0 | |
Jill Parham Board Member | 0 | $0 | |
Anna Strickland Executive Di | 0 | $0 | |
Rodney Chandler Board Member | 0 | $0 | |
Angela Rouse Board Member | 0 | $0 | |
Jeff Dillard Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,250 |
| Total Program Service Revenue | $0 |
| Membership dues | $116,416 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $134,666 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $46,124 |
| Salaries, other compensation, and employee benefits | $53,490 |
| Professional fees and other payments to independent contractors | $401 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $46 |
| Other expenses | $24,734 |
| Total expenses | $124,795 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $90,041 |
| Other assets | $0 |
| Total assets | $96,845 |
| Total liabilities | $0 |
| Net assets or fund balances | $96,845 |
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 |
Institute Of Internal Auditors Lake Mary, FL | $101,351,692 | $59,361,984 |
Srcco Inc Durham, NC | $42,497,453 | $49,465,239 |
Florida Association Of Realtors Orlando, FL | $96,568,925 | $47,578,542 |
National Association Of State Boards Of Accountancy Inc Nashville, TN | $83,126,370 | $38,317,801 |
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 |
American Welding Society Inc Miami, FL | $147,619,451 | $41,705,708 |
Serc Reliability Corporation Charlotte, NC | $16,241,101 | $25,718,150 |
American Society Of Heating Refrigerating & A-C Engineers Peachtree Corners, GA | $58,779,760 | $22,960,689 |