Byhalia Area Chamber Of Commerce
- Assets
- $229.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Byhalia, MS
- Founding
- 02/1998
- Data as of
- 12/2023
- EIN
- 64-0855085
Organization Overview
Byhalia Area Chamber Of Commerce is located in Byhalia, MS. The organization was established in 1998. 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 independent organization and not affiliated with a larger national or regional group of organizations. Byhalia Area 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 12/2023, Byhalia Area Chamber Of Commerce generated $192.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $173.2k during the year ending 12/2023. While expenses have increased by 2.8% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
HOSTED EVENTS TO PROMOTE OUR MEMBERS, COMMUNITY AND HISTORIC DISTRICT. CONTINUED EVENTS LIKE CHOCOLATE WALK, EATS & ARTS FESTIVAL, ILLUMINATE THE NIGHT, MARKET FESTIVAL AND OUR ANNUAL GOLF TOURNAMENT. IN ADDITION, WE PUBLISHED A NEW PRINTED MAP AND RESOURCE GUIDE TO REPRESENT AND MARKET OUR AREA. ADDED NEW MEMBERSHIP 101 PROGRAMMING AND CONTINUED OUR MONTHLY NETWORKING EVENTS AND LUNCHEONS.
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 |
|---|---|---|---|
Russell Pennington President | 4 | $0 | |
Sarah Kinkade Director | 4 | $0 | |
Chrystal Burton Vice President | 4 | $0 | |
Betsy Maness Treasurer | 4 | $0 | |
Janice Wagg Secretary | 4 | $0 | |
Sue Brents Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $95,660 |
| Total Program Service Revenue | $43,864 |
| Membership dues | $28,125 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $24,893 |
| Total Revenue | $192,542 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $91,618 |
| Professional fees and other payments to independent contractors | $10,249 |
| Occupancy, rent, utilities, and maintenance | $5,400 |
| Printing, publications, postage, and shipping | $1,686 |
| Other expenses | $64,226 |
| Total expenses | $173,179 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $223,888 |
| Other assets | $0 |
| Total assets | $229,388 |
| Total liabilities | $0 |
| Net assets or fund balances | $229,388 |