Robertson County Chamber Of Commerce
- Assets
- $458.2k
- Revenue
- $359.9k
- Investments
- $0.0
- Employees
- 4
- Location
- Springfield, TN
- Founding
- 03/1982
- Data as of
- 03/2024
- EIN
- 62-0439193
Organization Overview
Robertson County Chamber Of Commerce is located in Springfield, TN. The organization was established in 1982. 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 03/2024, Robertson County Chamber Of Commerce employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Robertson 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 03/2024, Robertson County Chamber Of Commerce generated $359.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $357.3k during the year ending 03/2024. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 9 years. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AN ENVIRONMENT WHERE BUSINESS AND RESIDENTS GROW IN ECONOMIC PROSPERITY, ENJOY A VIBRANT COMMUNITY AND VALUE THE SENSE OF PLACE WHICH MAKES ROBERTSON COUNTY UNIQUE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF BUSINESS, TOURISM AND COMMERCE IN SPRINGFIELD ROBERTSON COUNTY, TENNESSEE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jordan Osborne Chamber President | Officer | 40 | $86,799 |
Chiquita Allen Director | Trustee | 1 | $0 |
Sean Patterson Director | Trustee | 1 | $0 |
Adele Watts Director | Trustee | 1 | $0 |
Keifus Malone Director | Trustee | 1 | $0 |
Caleb Fuqua Ex-Officio | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $202,962 |
| Fundraising events | $0 |
| Related organizations | $82,991 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,827 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $290,780 |
| Total Program Service Revenue | $25,338 |
| Investment income | $40 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $130 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $43,564 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $359,852 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $86,799 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $112,900 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,684 |
| Payroll taxes | $3,042 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,420 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $24,111 |
| Information technology | $5,807 |
| Royalties | $0 |
| Occupancy | $30,104 |
| Travel | $0 |
| 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 | $14,228 |
| Insurance | $9,525 |
| All other expenses | $0 |
| Total functional expenses | $357,258 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $83,052 |
| Savings and temporary cash investments | $34,392 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $340,790 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $458,234 |
| Accounts payable and accrued expenses | $3,849 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $3,849 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $454,385 |
| Total liabilities and net assets/fund balances | $458,234 |