Mt Pleasant Chamber Of Commerce Fka Mt Pleasant Business Associatio
- Assets
- $273.8k
- Revenue
- $297.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Mt Pleasant, SC
- Founding
- Data as of
- 12/2023
- EIN
- 90-0443548
Organization Overview
Mt Pleasant Chamber Of Commerce Fka Mt Pleasant Business Associatio is located in Mt Pleasant, SC. Mt Pleasant Chamber Of Commerce Fka Mt Pleasant Business Associatio 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, Mt Pleasant Chamber Of Commerce Fka Mt Pleasant Business Associatio generated $297.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 24.4% each year . All expenses for the organization totaled $269.6k during the year ending 12/2023. While expenses have increased by 26.5% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
AS A LEADER IN THE PROMOTION AND ENHANCEMENT OF THE MOUNT PLEASANT BUSINESS COMMUNITY, WE PROVIDE MEMBERS WITH INFORMATION, ADVOCACY, EDUCATION AND NETWORKING BASED ON A FOUNDATION OF INTEGRITY, SOCIAL RESPONSIBILITY AND EXCELLENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS A LEADER IN THE PROMOTION AND ENHANCEMENT OF THE MOUNT PLEASANT BUSINESS COMMUNITY, WE PROVIDE MEMBERS WITH INFORMATION, ADVOCACY, EDUCATION AND NETWORKING BASED ON A FOUNDATION OF INTEGRITY, SOCIAL RESPONSIBILITY AND EXCELLENCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tammy Becker Vice Preside | Officer | $0 | |
Michael Cochran Past Preside | Officer | $0 | |
Karina Garrison Secretary | Officer | $0 | |
Kathleen Herrmann President El | Officer | $0 | |
Joseph Hinske Treasurer | Officer | $0 | |
Jennifer Maxwell President | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $162,565 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,785 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $164,350 |
| Total Program Service Revenue | $130,389 |
| Investment income | $2,322 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $297,061 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $20,967 |
| Office expenses | $12,197 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $35,708 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $58,269 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,067 |
| All other expenses | $17,203 |
| Total functional expenses | $269,557 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $188,850 |
| Savings and temporary cash investments | $84,914 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $273,764 |
| Accounts payable and accrued expenses | $2,296 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,296 |
| Net assets without donor restrictions | $271,468 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $273,764 |