Mercer Chamber Of Commerce Inc is located in Harrodsburg, KY. The organization was established in 1972. 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. Mercer 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, Mercer Chamber Of Commerce Inc generated $117.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $122.4k during the year ending 12/2021. While expenses have increased by 8.8% per year over the past 6 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
THE CHAMBER PROVIDES A NEWSLETTER AND EDUCATION PROGRAMS FOR MEMBERS, OPPORTUNITIES FOR NETWORKING AND BRINGS NEW BUSINESS AND INDUSTRY TO THE AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jill Cutler Executive Director | 30 | $30,370 | |
Madie Davis Director | 1 | $0 | |
Jen Curtis Treasurer | 1 | $0 | |
Leigh Westerfield Lopez Vice President | 1 | $0 | |
Mike Inman Director | 1 | $0 | |
Toni Preston Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $11,571 |
Total Program Service Revenue | $70,414 |
Membership dues | $35,293 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $4 |
Total Revenue | $117,282 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $37,944 |
Professional fees and other payments to independent contractors | $5,520 |
Occupancy, rent, utilities, and maintenance | $2,075 |
Printing, publications, postage, and shipping | $3,235 |
Other expenses | $73,670 |
Total expenses | $122,444 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $93,037 |
Other assets | $0 |
Total assets | $95,785 |
Total liabilities | $3,813 |
Net assets or fund balances | $91,972 |
Over the last fiscal year, we have identified 1 grants that Mercer Chamber Of Commerce Inc has recieved totaling $100.
Awarding Organization | Amount |
---|---|
Traveling Kentucky Vietnam Wall Harrodsburg, KY PURPOSE: VETERANS PARADE | $100 |
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Packaging Machinery Manufacturers Institute Inc Herndon, VA | $71,869,344 | $62,733,082 |
American Property Casualty Insurance Association Chicago, IL | $156,045,230 | $59,541,606 |
Consumer Technology Association Arlington, VA | $357,760,838 | $25,474,279 |
Healthcare Information And Management Systems Society Chicago, IL | $52,722,997 | $65,054,367 |
Inter-Industry Conference On Auto Collision Repairs Hoffman Estates, IL | $98,841,828 | $60,778,547 |
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Fs-Isac Inc Reston, VA | $27,418,346 | $31,957,295 |
National Association Of Convenience Stores Inc Alexandria, VA | $81,131,547 | $56,800,862 |
National Association Of State Boards Of Accountancy Inc Nashville, TN | $83,126,370 | $38,317,801 |