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Nonprofiteer
← GREATER SEBRING CHAMBER OF COMMERCE INC

Form 990 for tax year 2024

Filed by GREATER SEBRING CHAMBER OF COMMERCE INC.

Totals

Total revenue
$384,748
Total expenses
$386,337
Contributions and grants received
$377,757
Grants paid
$0
Program service revenue
$43,461
Investment income
$302
Other revenue
-$36,772
Total assets, end of year
$885,865
Total liabilities, end of year
$686,941
Net assets or fund balances, end of year
$198,924
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

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.

  • 1b · Membership dues

    $204,504

  • 1c · Fundraising events

    $173,253

  • 1g · Noncash contributions included above

    $468

  • 2a · Program service revenue: PUBLICATION INCOME

    total $21,054 · related or exempt $21,054

  • 2b · Program service revenue: MEMBER MEETINGS

    total $13,656 · related or exempt $13,656

  • 2c · Program service revenue: DIRECTORY INCOME

    total $8,751 · related or exempt $8,751

  • 3 · Investment income

    total $302 · excluded $302

  • 6a · Gross rents

    real property $41,927

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $41,927

  • 6d · Net rental income or loss

    total $41,927 · excluded $41,927

  • 8a · Fundraising events: gross income

    $42,881

  • 8a · Fundraising events: contributions included on line 1c

    $173,253

  • 8b · Fundraising events: direct expenses

    $130,506

  • 8c · Net income from fundraising events

    total -$87,625 · excluded -$87,625

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $4,776 · related or exempt $4,776

  • 11b · Other revenue: BILLBOARD INCOME

    total $4,150 · unrelated business $4,150

  • 11e · Other revenue, total

    $8,926

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $76,389

  • 7 · Other salaries and wages

    total $99,403

  • 9 · Other employee benefits

    total $428

  • 10 · Payroll taxes

    total $13,433

  • 11c · Fees: accounting

    total $7,605

  • 11g · Fees: other

    total $3,357

  • 12 · Advertising and promotion

    total $7,252

  • 13 · Office expenses

    total $23,403

  • 14 · Information technology

    total $8,701

  • 16 · Occupancy

    total $26,732

  • 17 · Travel

    total $347

  • 19 · Conferences, conventions and meetings

    total $11,966

  • 20 · Interest

    total $26,432

  • 22 · Depreciation, depletion and amortization

    total $18,164

  • 23 · Insurance

    total $25,972

  • 24a · Other expenses: BAD DEBT EXPENSE

    total $26,951

  • 24b · Other expenses: DIRECTORY EXPENSE

    total $7,380

  • 24e · All other expenses

    total $2,422

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $9,165 · end of year $24,595

  • 2 · Savings and temporary cash investments

    beginning of year $311,868 · end of year $227,438

  • 4 · Accounts receivable

    beginning of year $28,522 · end of year $14,357

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

    $640,270

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

    $33,563

  • 10c · Land, buildings and equipment, net

    beginning of year $544,182 · end of year $606,707

  • 15 · Other assets

    beginning of year $10,137 · end of year $12,768

  • 17 · Accounts payable and accrued expenses

    beginning of year $16,760 · end of year $6,899

  • 18 · Grants payable

    beginning of year $139,875 · end of year $159,502

  • 19 · Deferred revenue

    beginning of year $94,439 · end of year $85,025

  • 23 · Secured mortgages and notes payable

    beginning of year $435,613 · end of year $427,603

  • 25 · Other liabilities

    beginning of year $16,674 · end of year $7,912

  • 27 · Net assets without donor restrictions

    beginning of year $60,638 · end of year $39,422

  • 28 · Net assets with donor restrictions

    beginning of year $139,875 · end of year $159,502

Mission and programs · 2024

Mission

THE GREATER SEBRING CHAMBER OF COMMERCE SERVES THE ECONOMIC, EDUCATIONAL, GOVERNMENTAL AND NETWORKING INTERESTS OF OUR MEMBERS BY FOSTERING CONNECTIONS BETWEEN BUSINESSES AND THE HIGHLANDS COUNTY COMMUNITY.

Activities or mission (Part I)

TO SERVE THE ECONOMIC, EDUCATIONAL, GOVERNMENTAL AND NETWORKING INTEREST OF OUR MEMBERS.

  • BY HOSTING MONTHLY MEMBERSHIP LUNCHEONS, MIXERS, STUDENTS OF THE MONTH AWARD CEREMONIES, RIBBON CUTTINGS, GROUND BREAKINGS AS WELL AS SPONSORS OF LEADERSHIP HIGHLANDS, JUNIOR ACHIEVEMENT, TAKE STOCK IN CHILDREN AND THE BOARD OF THE CHILDREN'S SERVICES COUNCIL, WE SERVE MANY OF THE EDUCATIONAL INTERESTS IN OUR COUNTY. THE ABOVE MENTIONED ACTIVITIES ARE ALSO AN EXCELLENT WAY FOR THE BUSINESS COMMUNITY TO COME TOGETHER OFTEN TO NETWORK AND EXCHANGE IDEAS. FREQUENT MEMBERSHIP SURVEYS, ON-SITE SEMINARS, EMAIL BLASTS, MONTHLY NEWSLETTERS, JOB POSTINGS AND CONSTANT COMMUNICATION WITH THE MEMBERSHIP KEEPS THEM INFORMED OF THE CURRENT ISSUES IN OUR COMMUNITY. FOR 2024, WE HAD THREE SCHOLARSHIP RECIPIENTS HAD A RECORD NUMBER OF MEMBERS ADDED FOR THE YEAR OF 122 HAD ABOUT 120 VOLUNTEERS AND ADDED OUR NEW JR AMBASSADOR PROGRAM OF 19 YOUNG ADULTS.

As filed on the 2024 return.

Listed in Part VII

  • Tenille Drury-Smith

    PRESIDENT & CEO

    Total calculated
    $76,389
    From this org
    $76,389
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Garrett Roberts

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Maritza Ayala

    INCOMING CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Kendall McIntyre

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Julia Mercer

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Sarah Timmons

    TREASURER

    Total calculated
    $0
    Hours/week
    3

  • Susan Staffieri

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • William Albritton

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jason Dunkel

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Herbert Somers

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • John Story

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Allison Willey

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Brian Cosgrave

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jessica Martin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Cynthia Kramer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Brenda Bachman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

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
2024
Filed
24 October 2025
IRS schema version
2024v5.2
Source object
202542979349300039

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