Blount County Chamber Of Commerce
- Assets
- $1.4m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Maryville, TN
- Founding
- 10/1972
- Data as of
- 12/2021
- EIN
- 62-0449260
Organization Overview
Blount County Chamber Of Commerce is located in Maryville, TN. 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. Blount 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, Blount County Chamber Of Commerce generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 5.0% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE BLOUNT COUNTY CHAMBER OF COMMERCE IS THE LEADING CATALYST FOR CREATING A COOPERATIVE, PRODUCTIVE, AND PROSPEROUS COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHAMBER OF COMMERCE PROGRAMS, INCLUDING MEMBERSHIP DEVELOPMENT, BUSINESS DEVELOPMENT, COMMUNITY AND ECONOMIC DEVELOPMENT AND TOURISM DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Trevis Gardner Chair Elect | OfficerTrustee | 1 | $0 |
Rick Shepard Chairman | OfficerTrustee | 1 | $0 |
Mike Lutheran Board Member At Large | OfficerTrustee | 1 | $0 |
Bob Booker Chair - Chamber Foundation | OfficerTrustee | 1 | $0 |
Bryan Daniels President/ceo | OfficerTrustee | 1 | $0 |
Stephen Deucker Vip Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,121,826 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $30,669 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,152,495 |
| Total Program Service Revenue | $0 |
| Investment income | $163 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,517 |
| Net Rental Income | $400 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $85,956 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,275,938 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $737,574 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,000 |
| Advertising and promotion | $43,496 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,690 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,294 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,703 |
| Insurance | $18,218 |
| All other expenses | $31,062 |
| Total functional expenses | $1,196,379 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $864,354 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $182,846 |
| 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 | $376,039 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,423,239 |
| Accounts payable and accrued expenses | $71,890 |
| 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 | $71,890 |
| Net assets without donor restrictions | $237,102 |
| Net assets with donor restrictions | $1,114,247 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,423,239 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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St John Building Corporation St Louis, MO | $229,726,241 | $17,258,959 |
Responsible Business Alliance Inc Alexandria, VA | $17,217,182 | $20,384,843 |
Asis International Inc Alexandria, VA | $27,323,586 | $13,144,142 |
National Institute For Automotive Service Exellence Leesburg, VA | $25,163,895 | $18,755,834 |
Portland Cement Association Alexandria, VA | $21,852,055 | $18,216,465 |
American College Of Radiology Association Reston, VA | $28,168,186 | $16,951,008 |
Aerospace Industries Association Of America Inc Arlington, VA | $34,239,387 | $18,520,879 |
Motor & Equipment Manufacturers Association Research Triangle Park, NC | $37,966,318 | $17,239,678 |
Gwinnett Convention And Visitors Bureau Inc Duluth, GA | $29,610,598 | $21,705,089 |
National Biodiesel Board Jefferson City, MO | $12,011,947 | $15,134,555 |