Morgantown-Butler County Chamber Of Commerce
- Assets
- $51.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Morgantown, KY
- Founding
- 05/1991
- Data as of
- 12/2022
- EIN
- 61-0986162
Organization Overview
Morgantown-Butler County Chamber Of Commerce is located in Morgantown, KY. The organization was established in 1991. 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. Morgantown-Butler 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 12/2022, Morgantown-Butler County Chamber Of Commerce generated $36.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $45.8k during the year ending 12/2022. While expenses have increased by 1.6% per year over the past 4 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
2022
Describe the Organization's Program Activity:
Part 3
TO IMPROVE THE ECONOMIC & SOCIAL ENVIRONMENT OF THE COMMUNITY & ATTRACT INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Billy Phelps Director | 1 | $0 | |
Ryan Emmick President | 12 | $0 | |
Bobby Smith Director | 1 | $0 | |
Michele Duvall Director | 1 | $0 | |
Dana Phelps Director | 1 | $0 | |
Cole Tynes Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $2,590 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $29,938 |
| Other Revenue | $4,233 |
| Total Revenue | $36,761 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $17,567 |
| Professional fees and other payments to independent contractors | $2,300 |
| Occupancy, rent, utilities, and maintenance | $4,412 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,530 |
| Total expenses | $45,809 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,440 |
| Other assets | $0 |
| Total assets | $51,018 |
| Total liabilities | $0 |
| Net assets or fund balances | $51,018 |