Greenwood Chamber Of Commerce Inc
- Assets
- $161.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Greenwood, AR
- Founding
- 02/2005
- Data as of
- 12/2021
- EIN
- 76-0704857
Organization Overview
Greenwood Chamber Of Commerce Inc is located in Greenwood, AR. The organization was established in 2005. 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. Greenwood Chamber Of Commerce Inc 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, Greenwood Chamber Of Commerce Inc generated $78.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $75.5k during the year ending 12/2021. While expenses have increased by 0.3% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Meryl Ware President | 0 | $0 | |
Theresa Burchett Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $33,670 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $14,439 |
| Other Revenue | $0 |
| Total Revenue | $78,109 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $53,265 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $4,710 |
| Printing, publications, postage, and shipping | $3,786 |
| Other expenses | $13,784 |
| Total expenses | $75,545 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $62,437 |
| Other assets | $0 |
| Total assets | $161,943 |
| Total liabilities | $0 |
| Net assets or fund balances | $161,943 |
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