Hendersonville Area Chamber Of Commerce Inc

Organization Overview

Hendersonville Area Chamber Of Commerce Inc is located in Hendersonville, TN. The organization was established in 1979. 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 05/2022, Hendersonville Area Chamber Of Commerce Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hendersonville Area 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 05/2022, Hendersonville Area Chamber Of Commerce Inc generated $910.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $828.6k during the year ending 05/2022. While expenses have increased by 4.6% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO UNITE BUSINESS AND COMMUNITY LEADERS TO DEVELOP AND PROMOTE HENDERSONVILLE, TN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROGRAM SERVICES EXPENSES ARE USED TO UNITE BUSINESS AND COMMUNITY LEADERS TO DEVELOP AND PROMOTE HENDERSONVILLE, TN.


NONE


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Board, Officers & Key Employees

Name (title)Compensation
Lynn Bowles
Vice Chair
$0
Kelley Crecelius
Vice Chair
$0
Dr Renee Dauer
Chair Elect
$0
Ryan Madar
Board Member
$0
Rick Murray
Vice Chair
$0
Amy Raines
Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$274,553
Fundraising events$0
Related organizations$0
Government grants $165,468
All other contributions, gifts, grants, and similar amounts not included above$53,820
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$493,841
Total Program Service Revenue$416,411
Investment income $45
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $910,297

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Hendersonville Area Chamber Of Commerce Inc has recieved totaling $4,500.

Awarding OrganizationAmount
The Duke Energy Foundation

Charlotte, NC

PURPOSE: LOCAL OTHER COMMUNITY IMPACT

$4,500
View Grant Recipient Profile

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