Forrest City Chamber Of Commerce is located in Forrest City, AR. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forrest City Chamber Of Commerce is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Forrest City Chamber Of Commerce generated $84.2k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $89.2k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
PROMOTION OF BUSINESS IN FORREST CITY AR
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kirk Billingsley President | 1 | $0 | |
Kevin Vandiver Secretary/treas | 1 | $0 | |
Justin Reeves Director | 1 | $0 | |
Michael Swan Director | 1 | $0 | |
Larry Freeman Director | 1 | $0 | |
Alice Williford Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $84,220 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $7 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $84,227 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $66,026 |
Professional fees and other payments to independent contractors | $2,775 |
Occupancy, rent, utilities, and maintenance | $12,698 |
Printing, publications, postage, and shipping | $702 |
Other expenses | $7,002 |
Total expenses | $89,203 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $12,896 |
Other assets | $0 |
Total assets | $15,119 |
Total liabilities | $1,351 |
Net assets or fund balances | $13,768 |
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