Merchants Association Of Columbia County Inc
- Assets
- $7.6m
- Revenue
- $4.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Martinez, GA
- Founding
- 12/1998
- Data as of
- 12/2022
- EIN
- 58-1762742
Organization Overview
Merchants Association Of Columbia County Inc is located in Martinez, GA. The organization was established in 1998. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Merchants Association Of Columbia County Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Merchants Association Of Columbia County Inc generated $4.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 60.4% each year . All expenses for the organization totaled $413.5k during the year ending 12/2022. While expenses have increased by 19.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
AS A NON-PROFIT ORGANIZATION, WE LOOK AT OUR ORGANIZATION AS A COMMUNITY RESOURCE WITH ONE OF OUR MAIN FUNCTIONS BEING TO PROVIDE A QUALITY COUNTY FAIR FOR OUR GUESTS. THE FAIR ENHANCES EDUCATIONAL OPPORTUNITIES BY FUNDING SCHOLARSHIPS AND ALLOWING AREA YOUTH TO DISPLAY AGRICULTURAL EXHIBITS. OVERALL, THE FAIR UNITES THE URBAN AND RURAL PORTIONS OF OUR COMMUNITY AND STRIVES TO ENTERTAIN AND PROMOTE THE COMMUNITY'S TRADITIONS, TALENTS, AND DIVERSITY. OUR GOAL IS TO PROVIDE WHOLESOME FAMILY ACTIVITIES THAT EDUCATE, ENTERTAIN, AND STIMULATE THOSE WHO ATTEND THE FAIR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION PROVIDES THE MOST VALUABLE EDUCATIONAL AND ENTERTAINING EXPERIENCE THAT ITS RESOURCES WILL ALLOW. OUR GOAL IS TO DEVELOP AND IMPLEMENT GUIDELINES TO ASSIST IN DESIGNING WHOLESOME FAMILY ACTIVITIES TO EDUCATE, ENTERTAIN, STIMULATE AND CHALLENGE THE COMMUNITY. WE SPONSOR COMMUNITY ACTIVITIES SUCH AS OUR ANNUAL GOLF TOURNAMENT AND SEMIANNUAL FAIR. THE FAIR GENERATES MOST OF OUR INCOME, WHICH ALLOWS US TO DONATE TO MANY WORTHWHILE COMMUNITY ORGANIZATIONS. YEAR-ROUND OPERATIONS OF THE FAIRGROUND FACILIITES SERVE THE COMMUNITY BY PROVIDING MULTI-PURPOSE FACILITIES FOR BOTH PUBLIC AND PRIVATE EVENTS IN ORDER TO STIMULATE ECONOMIC ACTIVITY AND TOURISM DEVELOPMENT IN OUR COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Milena Henderson Past President | OfficerTrustee | 0.25 | $0 |
Reynolds Borseth President | OfficerTrustee | 0.25 | $0 |
Bobby Herrington Lifetime Director | Trustee | 0.25 | $0 |
Mike Zapata Lifetime Director | Trustee | 0.25 | $0 |
Louis Tankersley Treasurer | OfficerTrustee | 0.25 | $0 |
Joyce Hammett Secretary | OfficerTrustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $10,565 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,521,206 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,531,771 |
| Total Program Service Revenue | $0 |
| Investment income | $3,006 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,200 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $853,238 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,401,288 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $157,235 |
| Grants and other assistance to domestic individuals. | $25,000 |
| 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 of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,142 |
| Office expenses | $9,826 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $48,567 |
| Travel | $804 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $86,179 |
| Insurance | $17,515 |
| All other expenses | $1,003 |
| Total functional expenses | $413,487 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,157,047 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $2,357,855 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,100,332 |
| Total assets | $7,615,234 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $7,615,234 |
| Total liabilities and net assets/fund balances | $7,615,234 |
Grants Awarded
Over the last fiscal year, Merchants Association Of Columbia County Inc has awarded $141,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
COLUMBIA COUNTY SHERIFF'S OFFICE PURPOSE: ENHANCING COMMUNITY ORGANIZATIONS | $9,000 |
CHILD ENRICHMENT PURPOSE: ENHANCING COMMUNITY ORGANIZATIONS | $125,000 |
COLUMBIA COUNTY CARES PURPOSE: ENHANCING COMMUNITY ORGANIZATIONS | $7,000 |