Hancock County Chamber Of Commerce

Organization Overview

Hancock County Chamber Of Commerce is located in Bay St Louis, MS. The organization was established in 1978. 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, Hancock County Chamber Of Commerce employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hancock 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 12/2022, Hancock County Chamber Of Commerce generated $364.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $452.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 8 years. 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 PROMOTE THE CIVIC, ECONOMIC AND SOCIAL WELFARE OF THE PEOPLE OF HANCOCK COUNTY WITH PARTICULAR EMPHASIS UPON THE DEVELOPMENT OF JOBS AND PROMOTION OF RETAIL, INDUSTRIAL, AGRICULTURAL AND TOURISM BUSINESS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED BUSINESS SERVICES FOR THE HANCOCK COMMUNITY DEVELOPMENT FOUNDATION, PARTNERS FOR STENNIS, HANCOCK COUNTY COMMUNITY DEVELOPMENT FOUNDATION AND OTHER PARTNER GROUPS FOCUSED ON BUSINESS AND ECONOMIC DEVELOPMENT. MANAGED HUNDREDS OF EVENTS AND MEETINGS, SERVED MANY NON-PROFIT CAUSES, AND MANAGED MARKETING TOOLS FOR MULTIPLE ORGANIZATIONS.


PROVIDED NETWORKING EVENTS AT DIFFERENT LOCATIONS THROUGHOUT HANCOCK COUNTY. CELEBRATED THE OPENING OF DIFFERENT BUSINESSES AND ORGANIZATIONS. CONTINUED ANNUAL EVENTS SUCH AS ANNUAL MEETING, AWARDS GALA, AND GOLF TOURNAMENT. CONTINUED TRADITIONAL MARKETING OPPORTUNITIES FOR MEMBERS THROUGH FREE WEBSITE LISTINGS, THE ONLINE COMMUNITY CALENDAR, AND THE WEEKLY ENEWS.


CONTINUED MANAGEMENT OF THE JOB GENERATION FUND, A LOW INTEREST/FORGIVABLE LOAN PROGRAM. SECURED AND MANAGED GRANTS TO MARKET THE AREA.


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Board, Officers & Key Employees

Name (title)Compensation
Nikki Moon
Board Member
$0
Raymunda Barnes
Board Member
$0
Rea Montjoy
Treasurer
$0
Bailey Braswell
Board Member
$0
Jason Chiniche
Past President
$0
Mary Perkins
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$149,772
Fundraising events$0
Related organizations$0
Government grants $21,510
All other contributions, gifts, grants, and similar amounts not included above$52,610
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$223,892
Total Program Service Revenue$139,259
Investment income $1,153
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 $364,304

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