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Employer Identification Number 63-0943956

SHOALS CHAMBER OF COMMERCE INC is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:SHOALS CHAMBER OF COMMERCE INC
Employer identification number (EIN):63-0943956
EIN Issuing AuthorityPhiladelphia, PA
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementTHE CHAMBERS GOAL IS TO PROVIDE LEADERSHIP FOR A STRONG AND POSITIVE BUSINESS ENVIRONMENT THAT ENABLES NEW AND EXISTING BUSINESSES TO FLOURISH. AS AN ORGANIZATION OF INFLUENCE, OUR PROGRAMS AND SERVICES ENABLE SHOALS AREA BUSINESSES TO STRIVE FOR SUCCESS
Number of Employees8
Year Formed1986

Organization Governance

Legal DomicileAL
Voting Members - Governing Body10
Voting Members - Independent9

Organization Financials

2023-03-31
Total unrelated business incomeUSD $ -11,110
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 102,636
Program Service Revenue from current yearUSD $ 175,698
Investment Income from prior yearUSD $ 21,203
Investment Income from current yearUSD $ 5,800
Other Revenue from prior yearUSD $ -20,101
Other Revenue from current yearUSD $ 8,739
Gross receipts from all sourcesUSD $ 738,796
Net assets / fund balances at end of fiscal yearUSD $ 1,779,747
Net assets / fund balances at beginning of fiscal yearUSD $ 1,889,453
Total liabilities at end of fiscal yearUSD $ 3,946
Total liabilities at beginning of fiscal yearUSD $ 4,892
Total assets at end of fiscal yearUSD $ 1,783,693
Total assets at beginning of fiscal yearUSD $ 1,894,345
Revenues less expenses for current yearUSD $ -110,707
Revenues less expenses for previous yearUSD $ -197,959
Total expenses for current yearUSD $ 838,393
Total expenses for previous yearUSD $ 876,519
Other expenses in current yearUSD $ 345,473
Other expenses in previous yearUSD $ 388,878
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 492,920
Employee salary and benefits paid in previous yearUSD $ 487,641
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 727,686
Total revenue in previous fiscal yearUSD $ 678,560
Contributions and grants from current yearUSD $ 537,449
Contributions and grants from previous yearUSD $ 574,822
Gross income from fundraising eventsUSD $ 986
Revenue from membership duesUSD $ 537,449
Total of other revenueUSD $ 7,753
2022-03-31
Total unrelated business incomeUSD $ -39,332
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 132,879
Program Service Revenue from current yearUSD $ 102,636
Investment Income from prior yearUSD $ -260
Investment Income from current yearUSD $ 21,203
Other Revenue from prior yearUSD $ 74,778
Other Revenue from current yearUSD $ -20,101
Gross receipts from all sourcesUSD $ 717,892
Net assets / fund balances at end of fiscal yearUSD $ 1,889,453
Net assets / fund balances at beginning of fiscal yearUSD $ 2,087,412
Total liabilities at end of fiscal yearUSD $ 4,892
Total liabilities at beginning of fiscal yearUSD $ 3,926
Total assets at end of fiscal yearUSD $ 1,894,345
Total assets at beginning of fiscal yearUSD $ 2,091,338
Revenues less expenses for current yearUSD $ -197,959
Revenues less expenses for previous yearUSD $ 157,472
Total expenses for current yearUSD $ 876,519
Total expenses for previous yearUSD $ 591,190
Other expenses in current yearUSD $ 388,878
Other expenses in previous yearUSD $ 218,462
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 487,641
Employee salary and benefits paid in previous yearUSD $ 372,728
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 678,560
Total revenue in previous fiscal yearUSD $ 748,662
Contributions and grants from current yearUSD $ 574,822
Contributions and grants from previous yearUSD $ 541,265
Revenue from membership duesUSD $ 544,822
Total of other revenueUSD $ -17,683
2021-03-31
Total unrelated business incomeUSD $ 5,019
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 69,990
Program Service Revenue from current yearUSD $ 132,879
Investment Income from prior yearUSD $ 13,568
Investment Income from current yearUSD $ -260
Other Revenue from prior yearUSD $ -28,135
Other Revenue from current yearUSD $ 74,778
Gross receipts from all sourcesUSD $ 801,036
Net assets / fund balances at end of fiscal yearUSD $ 2,087,412
Net assets / fund balances at beginning of fiscal yearUSD $ 1,929,939
Total liabilities at end of fiscal yearUSD $ 3,926
Total liabilities at beginning of fiscal yearUSD $ 10,205
Total assets at end of fiscal yearUSD $ 2,091,338
Total assets at beginning of fiscal yearUSD $ 1,940,144
Revenues less expenses for current yearUSD $ 157,472
Revenues less expenses for previous yearUSD $ -12,115
Total expenses for current yearUSD $ 591,190
Total expenses for previous yearUSD $ 688,407
Other expenses in current yearUSD $ 218,462
Other expenses in previous yearUSD $ 257,861
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 372,728
Employee salary and benefits paid in previous yearUSD $ 430,546
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 748,662
Total revenue in previous fiscal yearUSD $ 676,292
Contributions and grants from current yearUSD $ 541,265
Contributions and grants from previous yearUSD $ 620,869
Gross income from fundraising eventsUSD $ 1,180
Revenue from membership duesUSD $ 501,265
Total of other revenueUSD $ 68,579

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 630943956

USA Mailing Address
20 HIGHTOWER PLACE
FLORENCE
AL
35630
Date first seen: 2007-01-01
Date last seen: 2024-07-31

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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