Crestview Area Chamber Of Commerce Incorporated
- Assets
- $503.6k
- Revenue
- $253.9k
- Investments
- $0.0
- Employees
- 2
- Location
- Crestview, FL
- Founding
- 09/1987
- Data as of
- 06/2022
- EIN
- 59-0785307
Organization Overview
Crestview Area Chamber Of Commerce Incorporated is located in Crestview, FL. The organization was established in 1987. 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 06/2022, Crestview Area Chamber Of Commerce Incorporated employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Crestview Area Chamber Of Commerce Incorporated 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 06/2022, Crestview Area Chamber Of Commerce Incorporated generated $253.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $222.4k during the year ending 06/2022. 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
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZATION IS A LOCAL CHAMBER OF COMMERCE PROVIDING SUPPORT FOR THE LOCAL BUSINESS COMMUNITY. THE ORGANIZATION MAINTAINS A BUSINESS OFFICE FOR THE DISTRIBUTION OF EDUCATIONAL AND INFORMATIONAL MATERIALS AS WELL AS SUPPORT FOR THE MEMBERS SUCH AS STATISTICS ON THE AREA. THE OFFICE ALSO PROVIDES INFORMATION ON THE LOCAL BUSINESS COMMUNITY TO INTERESTED PARTIES INCLUDING POTENTIAL BUSINESS INTERESTS IN THE AREA AS WELL AS GOVERNMENAL AND ORGANIZATION REQUESTS. THE ORGANIZATION HAS REGULARY SCHEDULED MEETINGS FOR THE DISTRIBUTION OF INFORMATION INCLUDING A MONTHLY GENERAL MEETING AND SERVICE SPECIAL INTEREST MEETINGS. THIS INCLUDES THE GOVERNMENTAL ISSUES COMMITTEE, AIRPORT COMMITTEE, HEALTH AND WELLNESS COMMITTEE, ARTS AND CULTURE COMMITTEE, SCHOLARSHIP COMMITTEE, AND OTHERS. THESE PROVIDE AN OPPORTUNITY FOR MEMBERS TO BE INVOLVED AND INFORMED IN THE LOCAL COMMUNITY. THE ORGANIZATION ALSO PROVIDES SOCIAL AND CIVIC OPPORTUNITIES FOR THE MEMBERS TO CONNECT AND SHARE INFORMATION ABOUT THE COMMUNITY. THIS INCLUDES THE MONTHLY BREAKFAST MEETINGS WHICH SERVE AS THE BUSINESS MEETING,BUSINESS AFTER HOURS WHICH IS TO ALLOW MEMBERS TO SHOWCASE THEIR BUSINESS,RIBBON CUTTINGS FOR NEW MEMBERS TO INTRODUCE THEIR BUSINESS AND OTHER ACTIVITIES DESIGNED TO ALLOW THE MEMBERS TO BECOME FAMILIAR WITH EACH IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roy Estes Chairman | Officer | $0 | |
Neko Stubblefield Past Chairma | Officer | $0 | |
Christie Austin Treasurer | Officer | $0 | |
Tom Moody Chairman Eme | Officer | $0 | |
Miranda Adams Vc Membershi | Trustee | $0 | |
Alex Barthe Vc Events | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,160 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,160 |
| Total Program Service Revenue | $248,304 |
| Investment income | $68 |
| 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 | $253,882 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,901 |
| 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 | $96,130 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,588 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,932 |
| Office expenses | $4,881 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,911 |
| Travel | $799 |
| 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 | $9,940 |
| Insurance | $7,742 |
| All other expenses | $8,961 |
| Total functional expenses | $222,354 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,445 |
| Savings and temporary cash investments | $182,735 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,375 |
| 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 | $244,997 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,054 |
| Total assets | $503,606 |
| Accounts payable and accrued expenses | $1,685 |
| Grants payable | $0 |
| Deferred revenue | $9,745 |
| 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 | $1,000 |
| Total liabilities | $12,430 |
| Net assets without donor restrictions | $480,746 |
| Net assets with donor restrictions | $10,430 |
| 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 | $503,606 |