Lewisville-Clemmons Chamber Of Commerce is located in Clemmons, NC. The organization was established in 2009. 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. Lewisville-Clemmons 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, Lewisville-Clemmons Chamber Of Commerce generated $92.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $116.4k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
PROMOTE LOCAL BUSINESSES THROUGH BUSINESS BEFORE HOURS AND BUSINESS AFTER HOURS EVENTS, MONTHLY CHAMBER MEETINGS, AND RIBBON CUTTING EVENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tammy Parks President | 2 | $0 | |
Brooke Eagle Immediate Past President | 2 | $0 | |
Fuller Parham Treasurer | 2 | $0 | |
Eric Hermanson Vice President | 2 | $0 | |
Austin Bailey Secretary | 2 | $0 | |
Brad Hunter Executive Member At Large | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $58,591 |
Investment income | $180 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $3,008 |
Other Revenue | $30,914 |
Total Revenue | $92,693 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $57,800 |
Professional fees and other payments to independent contractors | $4,796 |
Occupancy, rent, utilities, and maintenance | $8,124 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $45,683 |
Total expenses | $116,403 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $66,249 |
Other assets | $0 |
Total assets | $66,350 |
Total liabilities | $237 |
Net assets or fund balances | $66,113 |