Skip to content
Nonprofiteer
← JACKSON & MADISON COUNTY CHAMBER OF COMMERCE

Form 990 for tax year 2022

Filed by JACKSON & MADISON COUNTY CHAMBER OF COMMERCE.

Totals

Total revenue
$2,120,625
Total expenses
$1,974,179
Contributions and grants received
$959,054
Grants paid
$0
Program service revenue
$1,153,730
Investment income
$7,841
Other revenue
$0
Total assets, end of year
$3,205,594
Total liabilities, end of year
$550,783
Net assets or fund balances, end of year
$2,654,811
Program services expenses (Part IX)
$878,254
Management and general expenses
$340,192
Fundraising expenses
$755,733
Program service expenses (Part III)
not reported

Program services were 44.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $154,611

  • 1f · All other contributions, gifts and grants

    $804,443

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $617,604 · related or exempt $617,604

  • 2b · Program service revenue: PROGRAM INCOME

    total $225,000 · related or exempt $225,000

  • 2c · Program service revenue: ANNUAL AWARDS

    total $63,180 · related or exempt $63,180

  • 2d · Program service revenue: MEMBER EVENTS

    total $42,792 · related or exempt $42,792

  • 2e · Program service revenue: LEADERSHIP JACKSON

    total $42,000 · related or exempt $42,000

  • 2f · All other program service revenue

    total $163,154 · related or exempt $163,154

  • 3 · Investment income

    total $7,841 · related or exempt $7,841

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $930,402 · program services $367,952 · management and general $127,110 · fundraising $435,340

  • 9 · Other employee benefits

    total $124,089 · program services $34,910 · management and general $35,435 · fundraising $53,744

  • 10 · Payroll taxes

    total $63,176 · program services $27,369 · management and general $9,333 · fundraising $26,474

  • 11b · Fees: legal

    total $12,301 · management and general $12,301

  • 12 · Advertising and promotion

    total $104,045 · program services $79,389 · fundraising $24,656

  • 13 · Office expenses

    total $11,798 · program services $112 · management and general $11,686

  • 16 · Occupancy

    total $61,445 · program services $5,744 · management and general $55,446 · fundraising $255

  • 17 · Travel

    total $44,062 · program services $43,850 · management and general $212

  • 22 · Depreciation, depletion and amortization

    total $63,630 · program services $63,630

  • 23 · Insurance

    total $19,757 · management and general $19,757

  • 24a · Other expenses: WORKFORCE DEVELOPMENT

    total $110,872 · fundraising $110,872

  • 24b · Other expenses: COMMISSION SALES

    total $45,911 · program services $45,911

  • 24c · Other expenses: ANNUAL AWARDS

    total $31,405 · program services $31,405

  • 24d · Other expenses: LEADERSHIP JACKSON

    total $30,142 · program services $30,142

  • 24e · All other expenses

    total $321,144 · program services $147,840 · management and general $68,912 · fundraising $104,392

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,012,452 · end of year $1,271,520

  • 3 · Pledges and grants receivable

    beginning of year $1,039,242 · end of year $1,022,678

  • 4 · Accounts receivable

    beginning of year $21,934 · end of year $30,919

  • 9 · Prepaid expenses and deferred charges

    beginning of year $20,617 · end of year $2,316

  • 10a · Land, buildings and equipment: cost or other basis

    $1,695,337

  • 10b · Land, buildings and equipment: accumulated depreciation

    $817,601

  • 10c · Land, buildings and equipment, net

    beginning of year $876,673 · end of year $877,736

  • 15 · Other assets

    beginning of year $681 · end of year $425

  • 17 · Accounts payable and accrued expenses

    beginning of year $19,912 · end of year $27,076

  • 25 · Other liabilities

    beginning of year $436,070 · end of year $523,707

  • 27 · Net assets without donor restrictions

    beginning of year $1,253,539 · end of year $2,160,541

  • 28 · Net assets with donor restrictions

    beginning of year $1,262,078 · end of year $494,270

Mission and programs · 2022

Mission

PROMOTING ECONOMIC AND BUSINESS DEVELOPMENT

  • PROMOTING ECONOMIC AND BUSINESS DEVELOPMENT WHICH CONSISTS OF MARKETING THE AREA TO POTENTIAL EMPLOYERS, DEVELOPING AND ENHANCING MINORITY AND NEW BUSNIESS PARTNERSHIPS, WORKFORCE DEVELOPMENT, JOB CREATION, AND THE OVERALL PROMOTION OF JACKSON-MADISON COUNTY AS A GREAT PLACE TO WORK, LIVE , PLAY AND DO BUSINESS.

  • DEPRECIATION

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Curtis Mansfield

    SEC/TREASURE

    Total calculated
    $0

  • Mayor Scott Conger

    DIRECTOR

    Total calculated
    $0

  • Jim Ferrrell

    CHAIRMAN

    Total calculated
    $0

  • Bob Arrington

    DIRECTOR

    Total calculated
    $0

  • Jimmy Harris

    EX-OFFICIO

    Total calculated
    $0

  • Logan Hampton

    DIRECTOR

    Total calculated
    $0

  • Samuel Oliver

    DIRECTOR

    Total calculated
    $0

  • Connie Mullins

    DIRECTOR

    Total calculated
    $0

  • Niles Reddick

    DIRECTOR

    Total calculated
    $0

  • Jeff Sisk

    DIRECTOR

    Total calculated
    $0

  • James 'Jr' Ross

    1ST VICE CHA

    Total calculated
    $0

  • Mayor Larry Sanders

    DIRECTOR

    Total calculated
    $0

  • Lowell Beller

    DIRECTOR

    Total calculated
    $0

  • Lanier English

    DIRECTOR

    Total calculated
    $0

  • John Goodwin

    DIRECTOR

    Total calculated
    $0

  • Dr Marlon King

    DIRECTOR

    Total calculated
    $0

  • Will Lovelady

    DIRECTOR

    Total calculated
    $0

  • Brad Box

    DIRECTOR

    Total calculated
    $0

  • Chuck Newell

    DIRECTOR

    Total calculated
    $0

  • Dr George Pimental

    DIRECTOR

    Total calculated
    $0

  • Stephen Eldridge

    DIRECTOR

    Total calculated
    $0

  • Diane Rushing

    DIRECTOR

    Total calculated
    $0

  • Mark Taylor

    DIRECTOR

    Total calculated
    $0

  • Martin Williams

    DIRECTOR

    Total calculated
    $0

  • Roger Smith

    DIRECTOR

    Total calculated
    $0

  • Todd Swims

    DIRECTOR

    Total calculated
    $0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
14 August 2023
IRS schema version
2022v5.0
Source object
202302269349302770

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.