Group Funds Association
- Assets
- $100.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Watkinsville, GA
- Founding
- 08/1997
- Data as of
- 12/2022
- EIN
- 58-2195300
Organization Overview
Group Funds Association is located in Watkinsville, GA. The organization was established in 1997. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, 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. Group Funds Association 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 12/2022, Group Funds Association generated $40.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $34.2k during the year ending 12/2022. While expenses have increased by 6.9% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE A VEHILCE FOR SUPPORT AND COMMUNICATION OFLEGISLATIVE INFORMATION, COMMON CONCERNS, AND INTERESTSFOR ITS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eddie Kinnard Chairman | 0 | $0 | |
Ashley Abercrombie Vice Chairman | 0 | $0 | |
Stan Deese Treasurer | 0 | $0 | |
Roger Lane Director | 0 | $0 | |
William Bill F Morie Director | 0 | $0 | |
Jim Moody Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $22,000 |
| Investment income | $43 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $18,790 |
| Total Revenue | $40,833 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $377 |
| Other expenses | $33,838 |
| Total expenses | $34,215 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $100,738 |
| Other assets | $0 |
| Total assets | $100,738 |
| Total liabilities | $0 |
| Net assets or fund balances | $100,738 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jacksonville Regional Chamber Of Commerce Inc Jacksonville, FL | $9,462,619 | $9,572,618 |
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Hilton Head Island Bluffton Chamber Of Commerce Hilton Head Island, SC | $3,721,536 | $8,774,772 |
North Carolina Association Of Realtors Inc Greensboro, NC | $31,160,587 | $11,391,480 |
The North Carolina Community Action Association Raleigh, NC | $4,811,006 | $8,169,285 |
Orlando Economic Partnership Inc Orlando, FL | $7,838,258 | $8,634,020 |
Florida Chamber Of Commerce Tallahassee, FL | $11,287,883 | $6,720,102 |
Visitgreenville Sc Greenville, SC | $7,299,998 | $9,046,809 |
Raleigh Regional Association Of Realtors Inc Cary, NC | $11,211,879 | $6,674,452 |
Greater Raleigh Chamber Of Commerce Raleigh, NC | $8,171,303 | $6,316,198 |
The Economic Development Partnership Of Alabama Inc Birmingham, AL | $16,193,879 | $5,250,949 |
Gwinnett Chamber Of Commerce Inc Duluth, GA | $6,627,911 | $6,072,892 |