Eastern Shore Chamber Of Commerce
- Assets
- $215.2k
- Revenue
- $654.6k
- Investments
- $0.0
- Employees
- 8
- Location
- Fairhope, AL
- Founding
- 01/1985
- Data as of
- 12/2022
- EIN
- 63-0315293
Organization Overview
Eastern Shore Chamber Of Commerce is located in Fairhope, AL. The organization was established in 1985. 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 12/2022, Eastern Shore Chamber Of Commerce employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eastern Shore 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 12/2022, Eastern Shore Chamber Of Commerce generated $654.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $641.0k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CHAMBER OF COMMERCE - COMPLETE BUSINESS & COMMUNITY DEVELOPMENT AND SUPPORT
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHAMBER OF COMMERCE - ALL REVENUE & EXPENSES RELATED TO COMPLETE BUSINESS & COMMUNITY DEVELOPMENT AND SUPPORT
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 |
|---|---|---|---|
Cindy Zebryk Fairhope, Al | Trustee | 1 | $0 |
Steve Ascik Spanish Fort, Al | OfficerTrustee | 1 | $0 |
Lee Webb Fairhope, Al | OfficerTrustee | 1 | $0 |
Greg Wood Daphne, Al. | Trustee | 1 | $0 |
Dr Melinda Byrd-Murphy Daphne, Al | OfficerTrustee | 1 | $0 |
Brad Pitt Daphne, Al | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $388,713 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $388,713 |
| Total Program Service Revenue | $265,371 |
| Investment income | $524 |
| 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 | $654,608 |
| 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. | $85,132 |
| Compensation of current officers, directors, key employees. | $42,566 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $253,029 |
| Pension plan accruals and contributions | $6,966 |
| Other employee benefits | $14,830 |
| Payroll taxes | $26,489 |
| Fees for services: Management | $900 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,305 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,237 |
| Office expenses | $2,004 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,712 |
| Travel | $5,616 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,462 |
| Interest | $2,266 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,569 |
| Insurance | $9,579 |
| All other expenses | $140,471 |
| Total functional expenses | $641,011 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,932 |
| Savings and temporary cash investments | $160,827 |
| 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 | $14,449 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $215,208 |
| Accounts payable and accrued expenses | $35,891 |
| Grants payable | $0 |
| Deferred revenue | $5 |
| 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 | $40,488 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $76,384 |
| Net assets without donor restrictions | $138,824 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $215,208 |