Campbell County Chamber Of Commerce
- Assets
- $176.4k
- Revenue
- $250.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Jacksboro, TN
- Founding
- 04/1994
- Data as of
- 06/2021
- EIN
- 62-1179359
Organization Overview
Campbell County Chamber Of Commerce is located in Jacksboro, TN. The organization was established in 1994. 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 itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Campbell 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 06/2021, Campbell County Chamber Of Commerce generated $250.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $214.4k during the year ending 06/2021. While expenses have increased by 12.7% 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
BRING TOGETHER COMMUNITY BUSINESSES AND INDIVIDUALS WITH THE GOAL OF PROMOTING ECONOMIC AND COMMUNITY DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHAMBER MEETINGS: CHAMBER MEETINGS ARE HELD MONTHLY. THESE MEETINGS SERVE THE PURPOSE OF BRINGING TOGETHER BUSINESSES AND LIKE MINDED INDIVIDUALS, GIVING THEM AN OPPORTUNITY TO NETWORK, SEE VALUE IN OTHER BUSINESSES, PROMOTE COMMUNITY AWARENESS AND DEVELOPMENT. DUE TO THE PANDEMIC, THE CHAMBER MEETINGS FOR THE YEAR 2020 WERE HELD VIRTUALY. RENEWAL MEMBERSHIP REVENUE CAN BE TIED TO THIS EVENT.
RIBBON CUTTING CEREMONIES: RIBBON CUTTING CEREMONIES ARE HELD TO BRING AWARENESS TO NEW BUSINESSES OPENING IN THE COMMUNITY. MULTIPLE (10) RIBBON CUTTINGS WERE HELD DURING THE FISCAL YEAR. DUE TO THE PANDEMIC, THE RIBBON CUTTINGS WERE HELD VIRTUALLY. NO ADDITIONAL EXPENSES ARE TIED TO RIBBON CUTTING.
NETWORKING COFFEES: NETWORKING COFFEES ARE HELD MONTHLY (12) ON THE THURSDAY FOLLOWING BOARD MEETINGS. THESE NETWORKING SESSIONS ARE HELD TO FURTHER PROMOTE BUSINESS RELATIONS. DUE TO THE PANDEMIC, TWO NETWORKING COFFEES WERE HELD VIRTUALLY FOR THE FISCAL YEAR 2020.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christina Elkins Executive Director | Trustee | 40 | $29,410 |
Kelly Hatmaker Administrative Assistant | Officer | 40 | $26,499 |
Melissa Tackett Executive Director | Trustee | 40 | $7,023 |
Johnny Branam Assistant Director | Officer | 1 | $300 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $162,729 |
| Investment income | $20 |
| 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 | $250,424 |
| Statement of Expenses | |
|---|---|
| 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. | $36,433 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $28,886 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,141 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,060 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $33,058 |
| Office expenses | $8,884 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $731 |
| Travel | $440 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,327 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,990 |
| All other expenses | $0 |
| Total functional expenses | $214,376 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $176,419 |
| Savings and temporary cash investments | $0 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $176,419 |
| Accounts payable and accrued expenses | $3,916 |
| 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 | $3,916 |
| 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 |
| Total liabilities and net assets/fund balances | $172,503 |
Peer Organizations
| 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 |