Catoosa County Area Chamber Of Commerce is located in Ringgold, 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. As of 12/2020, Catoosa County 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. Catoosa County 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 12/2020, Catoosa County Area Chamber Of Commerce generated $267.6k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $250.4k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE BUSINESS AND TOURISM IN CATOOSA COUNTY AND SURROUNDING COUNTIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE BUSINESS IN THE COMMUNITY BY HOSTING EDUCATIONAL SEMINARS, TO PROMOTE TOURISM BY HOUSING A VISITORS INFORMATION CENTER IN THE CHAMBER OFFICE AND TO WORK WITH THE EDUCATION SYSTEM TO DECREASE DROP OUT RATE AND TO PROMOTE A FUTURE TRAINED WORKFORCE FOR THE COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Amy Jackson Ceopresident | Officer | 40 | $47,920 |
Craig Jones Treasurer | OfficerTrustee | 1 | $0 |
Barton Mathews Chair Of The Board | OfficerTrustee | 2 | $0 |
Mike Key Secretary | OfficerTrustee | 1 | $0 |
Wil Stiles Vice-Chair | OfficerTrustee | 1 | $0 |
Jonathan Connell Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $180,018 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $87,569 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $267,587 |
Total Program Service Revenue | $0 |
Investment income | $27 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
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 | $267,614 |
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. | $73,445 |
Compensation of current officers, directors, key employees. | $18,361 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $60,583 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $11,056 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,478 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $9,275 |
Advertising and promotion | $5,156 |
Office expenses | $22,750 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $6,251 |
Travel | $3,261 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $51,129 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $447 |
Insurance | $3,708 |
All other expenses | $1,892 |
Total functional expenses | $250,431 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $124,760 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $34,892 |
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 | $2,258 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $161,910 |
Accounts payable and accrued expenses | $706 |
Grants payable | $0 |
Deferred revenue | $79,560 |
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 | $80,266 |
Net assets without donor restrictions | $81,644 |
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 | $161,910 |
Over the last fiscal year, we have identified 1 grants that Catoosa County Area Chamber Of Commerce has recieved totaling $5,000.
Awarding Organization | Amount |
---|---|
Memorial Health Care System Inc Chattanooga, TN PURPOSE: COMMUNITY SUPPORT | $5,000 |
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 |