Putnam County Chamber Of Commerce Inc

Organization Overview

Putnam County Chamber Of Commerce Inc is located in Palatka, FL. The organization was established in 1984. 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 12/2021, Putnam County Chamber Of Commerce Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Putnam 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, Putnam County Chamber Of Commerce Inc generated $604.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $609.8k during the year ending 12/2021. While expenses have increased by 2.0% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION'S PRIMARY PURPOSE IS TO PROMOTE ECONOMIC GROWTH AND DEVELOPMENT IN PUTNAM COUNTY, FLORIDA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION PROMOTED COMMERCE IN PUTNAM COUNTY, FLORIDA THROUGH PROMOTIONS, ADVERTISING AND SOCIAL EVENTS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$111,128
Fundraising events$0
Related organizations$0
Government grants $5,000
All other contributions, gifts, grants, and similar amounts not included above$5,650
Noncash contributions included in lines 1a–1f $5,650
Total Revenue from Contributions, Gifts, Grants & Similar$121,778
Total Program Service Revenue$449,035
Investment income $722
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $32,501
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $604,036

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Putnam County Chamber Of Commerce Inc has recieved totaling $100.

Awarding OrganizationAmount
Mcclain Family Foundation

Palatka, FL

PURPOSE: TO SUPPORT THE CHAMBER'S ACTIVITIES PROMOTING ECONOMIC DEVELOPMENT IN PUTNAM COUNTY, FL

$100
View Grant Recipient Profile

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