Logan County Chamber Of Commerce is located in Russellville, KY. The organization was established in 1978. 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, Logan County Chamber Of Commerce employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Logan County 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 12/2021, Logan County Chamber Of Commerce generated $100.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $113.3k during the year ending 12/2021. While expenses have increased by 1.1% 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
2021
Describe the Organization's Program Activity:
Part 3
AREA DEVELOPMENT, TOURISM DEVELOPMENT, AND OTHER ROUTINE FUNCTIONS OF CHAMBER OF COMMERCE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Keith Batchelor President El | 0 | $0 | |
Jeff Manley President | 0 | $0 | |
Leann Martin Past Preside | 0 | $0 | |
Myla Porter Divisional V | 0 | $0 | |
Carl Seidler Divisional V | 0 | $0 | |
Shannon West Treasurer | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $66,138 |
Total Program Service Revenue | $13,093 |
Membership dues | $0 |
Investment income | $284 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $20,597 |
Other Revenue | $0 |
Total Revenue | $100,112 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $70,415 |
Professional fees and other payments to independent contractors | $3,300 |
Occupancy, rent, utilities, and maintenance | $8,591 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $30,988 |
Total expenses | $113,294 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $110,368 |
Other assets | $0 |
Total assets | $112,026 |
Total liabilities | $6,983 |
Net assets or fund balances | $105,043 |
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