Fayetteville Lincoln County Chamber Of Commerce is located in Fayetteville, TN. The organization was established in 1974. 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. Fayetteville Lincoln 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 09/2022, Fayetteville Lincoln County Chamber Of Commerce generated $164.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $146.6k during the year ending 09/2022. While expenses have increased by 6.2% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
IMPROVE OVERALL QUALITY OF LIFE AND BUSINESS CLIMATE FOR MEMBERS THROUGH SPONSORSHIP OF PROGRAMS WHICH STIMULATE ECONOMIC GROWTH, PROMOTE CIVIC DEVELOPMENT AND FURTHER THE FREE ENTERPRISE SYSTEM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Carolyn Denton Executive Di | 40 | $48,458 | |
Erica Smith Pres Elect | 1 | $0 | |
Tommy Vann Director | 0.5 | $0 | |
Vince Beyer Director | 0.5 | $0 | |
Kaila Gentry Director | 0.5 | $0 | |
Shannon Neal Director | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $132,744 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $28 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $27,408 |
Other Revenue | $4,201 |
Total Revenue | $164,381 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $74,740 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $16,181 |
Printing, publications, postage, and shipping | $1,892 |
Other expenses | $53,828 |
Total expenses | $146,641 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $61,641 |
Other assets | $0 |
Total assets | $61,641 |
Total liabilities | $13,660 |
Net assets or fund balances | $47,981 |
Organization Name | Assets | Revenue |
---|---|---|
National Federation Of Independent Business Inc Nashville, TN | $77,203,691 | $109,079,617 |
North American Electric Reliabilitycorporation Atlanta, GA | $65,227,333 | $81,782,902 |
Gsma Ltd Atlanta, GA | $262,728,803 | $123,320,595 |
Packaging Machinery Manufacturers Institute Inc Herndon, VA | $71,869,344 | $62,733,082 |
Consumer Technology Association Arlington, VA | $357,760,838 | $25,474,279 |
Srcco Inc Durham, NC | $42,497,453 | $49,465,239 |
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 |
Air-Conditioning Heating And Refrigeration Institute Arlington, VA | $58,066,234 | $32,390,159 |
Southern Motor Carriers Association Inc Peachtree City, GA | $87,365,051 | $35,375,343 |
Unc Management Company Inc Chapel Hill, NC | $53,097,067 | $30,528,524 |