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Nonprofiteer
← GREATER FORT MYERS CHAMBER OF COMMERCE FOUNDATION INC

Form 990 for tax year 2024

Filed by GREATER FORT MYERS CHAMBER OF COMMERCE FOUNDATION INC.

Totals

Total revenue
$56,822
Total expenses
$41,056
Contributions and grants received
$54,460
Grants paid
$34,638
Program service revenue
$0
Investment income
$24
Other revenue
$2,338
Total assets, end of year
$153,783
Total liabilities, end of year
$38,563
Net assets or fund balances, end of year
$115,220
Program services expenses (Part IX)
$41,056
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$41,056

Program services were 100.0% 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.

  • 1c · Fundraising events

    $42,716

  • 1f · All other contributions, gifts and grants

    $11,744

  • 3 · Investment income

    total $24 · excluded $24

  • 8a · Fundraising events: gross income

    $7,485

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

    $42,716

  • 8b · Fundraising events: direct expenses

    $5,697

  • 8c · Net income from fundraising events

    total $1,788

  • 11a · Other revenue: OTHER REVENUE

    total $550 · related or exempt $550

  • 11e · Other revenue, total

    $550

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $34,638 · program services $34,638

  • 13 · Office expenses

    total $86 · program services $86

  • 24a · Other expenses: DISBURSEMENTS

    total $4,477 · program services $4,477

  • 24b · Other expenses: CREDIT CARD FEES

    total $1,805 · program services $1,805

  • 24c · Other expenses: SALES TAX

    total $50 · program services $50

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $47,767 · end of year $76,178

  • 2 · Savings and temporary cash investments

    beginning of year $43,940 · end of year $32,163

  • 4 · Accounts receivable

    beginning of year $3

  • 7 · Other notes and loans receivable

    end of year $540

  • 14 · Intangible assets

    end of year $23

  • 15 · Other assets

    beginning of year $44,879 · end of year $44,879

  • 24 · Unsecured notes and loans payable

    beginning of year $80,185 · end of year $29,008

  • 25 · Other liabilities

    beginning of year $4,065 · end of year $9,555

  • 27 · Net assets without donor restrictions

    beginning of year -$279,619 · end of year $52,583

  • 28 · Net assets with donor restrictions

    beginning of year $331,958 · end of year $62,637

Mission and programs · 2024

Mission

THE MISSION OF THE GREATER FORT MYERS CHAMBER OF COMMERCE FOUNDATION, INC. IS TO SUPPORT AND ASSIST LOCAL EDUCATION AT A VARIETY OF LEVELS IN OUR COMMUNITY. THE FOUNDATION, FOUNDED IN 2004, DOES THIS IN A VARIETY OF WAYS INCLUDING THE FOLLOWING: PROVIDING SCHOLARSHIPS FOR COLLEGE STUDENTS; PROVIDING GRANTS TO EDUCATORS AND EDUCATIONAL INSTITUTIONS; SUPPORTING EDUCATIONAL PROGRAMS; SUPPORTING SEMINARS AND WORKSHOPS OF INTEREST FOR THE BENEFIT OF THE BUSINESS COMMUNITY AND PROVIDING RECOGNITION FOR OUTSTANDING EDUCATORS AND STUDENTS.

  • PROVIDE SCHOLARSHIPS AND GRANTS FOR STUDENTS, EDUCATORS AND EDUCATIONAL INSTITUTIONS AS WELL AS PROVIDE EDUCATIONAL PROGRAMS, SEMINARS AND WORKSHOPS FOR THE BENEFIT OF THE COMMUNITY. FOR THE FISCAL YEAR ENDED JUNE 30, 2024, THE FOUNDATION AWARDED FOUR GRANTS/SCHOLARSHIPS TO EDUCATIONAL INSTITUTIONS.

    Expenses $41,056 · Grants $34,638

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Neftali Feliciano

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michele Hoover

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Matt Karastamatis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Terri Kinsey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jim Larkin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Joe Mitchell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dean Piccirillo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Alicia Shannon

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Shawn Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kelly Talamo-Drumm

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kelly Thawley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Karen Turcotte

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Andrew Williams

    DIRECTOR

    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
15 May 2026
IRS schema version
2024v5.0
Source object
202611359349308061

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