Gardendale Chamber Of Commerce Inc is located in Gardendale, AL. The organization was established in 2017. 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. Gardendale 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 12/2022, Gardendale Chamber Of Commerce Inc generated $182.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.3% each year . All expenses for the organization totaled $142.6k 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 THE CITY OF GARDENDALE, AL TO THE PUBLIC AND POTENTIAL BUSINESSES COMING TO THE AREA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mike Holmes President | 0 | $0 | |
Kathleen Phillips Secretary | 0 | $0 | |
Traci Bausch Vice Preside | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $41,325 |
Total Program Service Revenue | $140,994 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $182,319 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $80,663 |
Professional fees and other payments to independent contractors | $41,097 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $20,869 |
Total expenses | $142,629 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $106,920 |
Other assets | $0 |
Total assets | $106,920 |
Total liabilities | $806 |
Net assets or fund balances | $106,114 |
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