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Nonprofiteer
← GREENWOOD CHAMBER OF COMMERCE

Form 990 for tax year 2024

Filed by GREENWOOD CHAMBER OF COMMERCE.

Totals

Total revenue
$328,880
Total expenses
$381,872
Contributions and grants received
$235,230
Grants paid
$0
Program service revenue
$62,290
Investment income
$7,880
Other revenue
$23,480
Total assets, end of year
$635,760
Total liabilities, end of year
$152,619
Net assets or fund balances, end of year
$483,141
Program services expenses (Part IX)
$270,092
Management and general expenses
$95,541
Fundraising expenses
$16,239
Program service expenses (Part III)
$270,092

Program services were 70.7% 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.

  • 1b · Membership dues

    $215,926

  • 1d · Related organizations

    $19,304

  • 2a · Program service revenue: GENERAL PROGRAMS

    total $30,531 · related or exempt $30,531

  • 2b · Program service revenue: LEADERSHIP GREENWOOD

    total $26,794 · related or exempt $26,794

  • 2c · Program service revenue: WLC CONFERENCE

    total $4,965 · related or exempt $4,965

  • 3 · Investment income

    total $7,880 · excluded $7,880

  • 8a · Fundraising events: gross income

    $53,385

  • 8b · Fundraising events: direct expenses

    $30,680

  • 8c · Net income from fundraising events

    total $22,705

  • 11a · Other revenue: MISCELLANEOUS

    total $775 · related or exempt $775

  • 11e · Other revenue, total

    $775

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $187,190 · program services $123,545 · management and general $54,285 · fundraising $9,360

  • 8 · Pension plan contributions

    total $9,279 · program services $6,031 · management and general $2,784 · fundraising $464

  • 9 · Other employee benefits

    total $3,811 · program services $2,477 · management and general $1,143 · fundraising $191

  • 10 · Payroll taxes

    total $14,488 · program services $9,418 · management and general $4,346 · fundraising $724

  • 11c · Fees: accounting

    total $32,400 · program services $21,060 · management and general $9,720 · fundraising $1,620

  • 11g · Fees: other

    total $4,676 · program services $3,039 · management and general $1,403 · fundraising $234

  • 13 · Office expenses

    total $8,597 · program services $5,588 · management and general $2,579 · fundraising $430

  • 14 · Information technology

    total $11,854 · program services $7,705 · management and general $3,556 · fundraising $593

  • 19 · Conferences, conventions and meetings

    total $13,972 · program services $9,081 · management and general $4,192 · fundraising $699

  • 20 · Interest

    total $4,087 · program services $4,087

  • 23 · Insurance

    total $6,807 · program services $4,426 · management and general $2,041 · fundraising $340

  • 24a · Other expenses: BAD DEBT EXPENSE

    total $23,367 · program services $23,367

  • 24b · Other expenses: LEADERSHIP GREENWOOD

    total $14,215 · program services $14,215

  • 24c · Other expenses: MEMBERSHIP EXPENSE

    total $10,729 · program services $10,729

  • 24d · Other expenses: DUES AND SUBSCRIPTIONS

    total $7,919 · program services $5,147 · management and general $2,376 · fundraising $396

  • 24e · All other expenses

    total $28,481 · program services $20,177 · management and general $7,116 · fundraising $1,188

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $327,476 · end of year $268,917

  • 2 · Savings and temporary cash investments

    beginning of year $166,819 · end of year $170,586

  • 4 · Accounts receivable

    beginning of year $21,555 · end of year $6,552

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

    $113,198

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

    $113,198

  • 15 · Other assets

    beginning of year $189,675 · end of year $189,705

  • 19 · Deferred revenue

    beginning of year $23,705 · end of year $11,205

  • 24 · Unsecured notes and loans payable

    beginning of year $145,162 · end of year $141,414

  • 25 · Other liabilities

    beginning of year $525

  • 27 · Net assets without donor restrictions

    beginning of year $461,133 · end of year $408,141

  • 28 · Net assets with donor restrictions

    beginning of year $75,000 · end of year $75,000

Mission and programs · 2024

Mission

SERVES AS AN ADVOCATE FOR BUSINESS BY FOSTERING ECONOMIC GROWTH AND PROSPERITY AND ADVANCING THE QUALITY OF LIFE IN GREENWOOD COUNTY.

  • GENERAL FUNCTIONS OF CHAMBER - SERVES AS AN ADVOCATE FOR BUSINESS BY FOSTERING ECONOMIC GROWTH AND PROSPERITY AND ADVANCING THE QUALITY OF LIFE IN GREENWOOD COUNTY.

    Expenses $251,115

  • LEADERSHIP GREENWOOD - THE PROGRAM INCREASES PARTICIPANTS AWARENESS, KNOWLEDGE, AND UNDERSTANDING OF COMMUNITY ISSUES TO MOLD THEM INTO ACTIVE LEADERS IN GREENWOOD. IT BRINGS TOGETHER INDIVIDUALS WHO HAVE A DESIRE TO LEARN MORE ABOUT THEIR COMMUNITY AND EXPLORE SOLUTIONS TO COMMUNITY ISSUES.

    Expenses $14,215

  • WOMEN'S LEADERSHIP COLLABORATIVE - THE PROGRAM PROVIDES OPPORTUNITIES FOR ALL WOMEN TO GROW PERSONALLY AND PROFESSIONALLY, AND TO BUILD THEIR INFLUENCE IN THE COMMUNITY. THE WLCS STRATEGIC GOALS INCLUDING MENTORING AND GROWTH, AWARENESS AND RECOGNITION, AND RESOURCES, KNOWLEDGE AND CONNECTIVITY. EVERY TWO YEARS, WLC HOSTS A HIGHLY INTERACTIVE, WOMENS LEADERSHIP UPSTATE CONFERENCE, ATTRACTING OVER 250 WOMEN.

    Expenses $4,762

As filed on the 2024 return.

Listed in Part VII

  • Trentsie Williams

    PRESIDENT

    Total calculated
    $99,415
    From this org
    $99,415
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Laney Beckwith

    DIRECTOR AT-

    Total calculated
    $0
    Hours/week
    0.11
  • Holly Brown

    DIRECTOR AT-

    Total calculated
    $0
    Hours/week
    0.23
  • Zac Campbell

    CHAIR

    Total calculated
    $0
    Hours/week
    0.57
  • Bob Durbin

    DIRECTOR AT-

    Total calculated
    $0
    Hours/week
    0.23
  • Josh Garvin

    TREASURER

    Total calculated
    $0
    Hours/week
    0.48
  • Patricia Hartung

    DIRECTOR AT-

    Total calculated
    $0
    Hours/week
    0.23
  • Theo Lane

    DIRECTOR AT-

    Total calculated
    $0
    Hours/week
    0.23
  • Kristin Manske

    DIRECTOR AT-

    Total calculated
    $0
    Hours/week
    0.23
  • Ron Millender

    DIRECTOR AT-

    Total calculated
    $0
    Hours/week
    0.23
  • Cyndi New

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.48
  • Jon Newlon

    DIRECTOR AT-

    Total calculated
    $0
    Hours/week
    0.23
  • Carson Penney

    DIRECTOR AT-

    Total calculated
    $0
    Hours/week
    0.23
  • Steve Riley

    DIRECTOR AT-

    Total calculated
    $0
    Hours/week
    0.23
  • Dr Hope Rivers

    DIRECTOR AT-

    Total calculated
    $0
    Hours/week
    0.23
  • Jeff Smith

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    0.48
  • Jim Still

    DIRECTOR AT-

    Total calculated
    $0
    Hours/week
    0.23
  • David Trent

    CHAIR ELECT

    Total calculated
    $0
    Hours/week
    0.48
  • Julie Wilkie

    DIRECTOR AT-

    Total calculated
    $0
    Hours/week
    0.23
  • Boyd Yarbrough

    DIRECTOR AT-

    Total calculated
    $0
    Hours/week
    0.11

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
17 November 2025
IRS schema version
2024v5.0
Source object
202533219349308683

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