Brookhaven Lincoln County Chamber Of Commerce P O Box 978 is located in Brookhaven, MS. 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 12/2021, Brookhaven Lincoln County Chamber Of Commerce P O Box 978 employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brookhaven Lincoln County Chamber Of Commerce P O Box 978 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 12/2021, Brookhaven Lincoln County Chamber Of Commerce P O Box 978 generated $381.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $354.4k during the year ending 12/2021. While expenses have increased by 2.5% 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
ECONOMIC DEVELOPMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
INDUSTRIAL AND ECONOMIC DEVELOPMENT, PROMOTION OF TOURISM AND PROMOTION OF THE CITY AND COUNTY AS A RETIREMENT COMMUNITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stacie Cross Board Member | Trustee | $0 | |
Quinn Jordan Board Member | Trustee | $0 | |
Stephany Smith Board Member | Trustee | $0 | |
Bill Boerner Vice Preside | Trustee | $0 | |
Colby Calcote Board Member | Trustee | $0 | |
Clint Estess Board Member | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $259,500 |
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 | $259,500 |
Total Program Service Revenue | $54,951 |
Investment income | $94 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $9,092 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $381,020 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $91,472 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $11,181 |
Payroll taxes | $4,113 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,803 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $8,605 |
Office expenses | $1,688 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $3,366 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,955 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $8,028 |
Insurance | $6,419 |
All other expenses | $42,024 |
Total functional expenses | $354,400 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $292,440 |
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 |
Net Land, buildings, and equipment | $565,002 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $857,442 |
Accounts payable and accrued expenses | $0 |
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 | $5,042 |
Total liabilities | $5,042 |
Net assets without donor restrictions | $852,400 |
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 | $857,442 |
Organization Name | Assets | Revenue |
---|---|---|
National Federation Of Independent Business Inc Nashville, TN | $77,203,691 | $109,079,617 |
National Association Of State Boards Of Accountancy Inc Nashville, TN | $83,126,370 | $38,317,801 |
Louisiana Ambulance Alliance Inc Napoleonville, LA | $5,578,332 | $30,543,889 |
Nashville Convention & Visitors Bureau Nashville, TN | $15,667,602 | $21,623,147 |
Clean Gulf Associates Inc New Orleans, LA | $10,070,698 | $12,457,251 |
Nashville Downtown Partnership Inc Nashville, TN | $5,610,530 | $12,726,748 |
National Cotton Council Of America Cordova, TN | $27,244,437 | $12,698,051 |
Radio Music License Committee Brentwood, TN | $1,028,521 | $6,574,625 |
Nashville Area Chamber Of Commerce Nashville, TN | $10,414,739 | $9,196,086 |
United Brotherhood Of Carpenters And Joiners Of America Metairie, LA | $27,400,853 | $8,587,017 |
Memphis Area Chamber Of Commerce Memphis, TN | $3,591,167 | $6,894,505 |
Tennessee Bankers Association Incorporated Nashville, TN | $20,990,156 | $6,097,018 |