Danville-Boyle County Chamber Of Commerce Inc
- Assets
- $90.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Danville, KY
- Founding
- 04/1945
- Data as of
- 12/2021
- EIN
- 61-0397348
Organization Overview
Danville-Boyle County Chamber Of Commerce Inc is located in Danville, KY. The organization was established in 1945. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Danville-Boyle 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, Danville-Boyle County Chamber Of Commerce Inc generated $101.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $87.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Jewell Executive Director | 40 | $40,322 | |
Brian Hutzley Vice Chair-Person | 1 | $0 | |
John Learned Director | 1 | $0 | |
Heath Martin Treasurer | 1 | $0 | |
Dalton Southerland Chairman | 1 | $0 | |
Aaron Ranson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $93,451 |
| Investment income | $32 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $8,363 |
| Total Revenue | $101,846 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $56,764 |
| Professional fees and other payments to independent contractors | $2,390 |
| Occupancy, rent, utilities, and maintenance | $2,375 |
| Printing, publications, postage, and shipping | $1,822 |
| Other expenses | $24,507 |
| Total expenses | $87,858 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $89,073 |
| Other assets | $0 |
| Total assets | $90,235 |
| Total liabilities | $75,618 |
| Net assets or fund balances | $14,617 |
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