Civic Intelligence

Smithfield Selma Chamber Economic Development Foundation Inc.

990EZ • Fiscal year 2020 • EIN 27-2039206

Jan 01, 2020 to Dec 31, 2020 • Filed on Jul 08, 2021

Organization ProfileTRIANGLEEASTCHAMBER.COM
PO Box 467Smithfield, NC 27577-0467

(919) 934-9166

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

36th percentile

-1.9%

Higher net margin than 36% of similar nonprofits.

2020 filings • NTEE S20 • <$500k nonprofits • Source year 2020

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • NTEE S20 • <$500k nonprofits • Source year 2020

Asset Growth

33rd percentile

-5.4%

Faster asset growth than 33% of similar nonprofits.

2020 filings • NTEE S20 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

55th percentile

-4.5%

Faster revenue growth than 55% of similar nonprofits.

2020 filings • NTEE S20 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$134,330

Down $7,732 (-5.4%) from 2019

Net Assets

Down

$134,330

Down $5,959 (-4.2%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin36th percentile

Revenue

Down

$79,288

Down $3,740 (-4.5%) from 2019

Expenses

Up

$80,770

Up $11,572 (+17%) from 2019

Net Income

Down

-$1,482

Down $15,312 (-111%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth33rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2011: $14,003Net Assets 2011: $14,0032011Assets 2012: $5,787Net Assets 2012: $5,7872012Assets 2013: $2,913Net Assets 2013: $2,9132013Assets 2014: $2,914Net Assets 2014: $2,9142014Assets 2018: $127,107Liabilities 2018: $648Net Assets 2018: $126,4592018Assets 2019: $142,062Liabilities 2019: $1,773Net Assets 2019: $140,2892019Assets 2020: $134,330Net Assets 2020: $134,3302020Assets 2021: $126,853Net Assets 2021: $126,8532021Assets 2022: $128,686Net Assets 2022: $128,6862022Assets 2023: $118,012Net Assets 2023: $118,0122023Assets 2024: $122,731Net Assets 2024: $122,7312024

Highlighted filing

2020

Assets$134,330
Liabilities-
Net Assets$134,330
Open 2020 Filing

Operations Trend

Revenue Growth55th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2011: $14,0032011Revenue 2012: $1,504Expenses 2012: $9,720Net Income 2012: -$8,2162012Revenue 2013: $1Expenses 2013: $2,875Net Income 2013: -$2,8742013Revenue 2014: $12014Revenue 2018: $21,649Expenses 2018: $7,239Net Income 2018: $14,4102018Revenue 2019: $83,028Expenses 2019: $69,198Net Income 2019: $13,8302019Revenue 2020: $79,288Expenses 2020: $80,770Net Income 2020: -$1,4822020Revenue 2021: $33,699Expenses 2021: $41,177Net Income 2021: -$7,4782021Revenue 2022: $74,699Expenses 2022: $72,866Net Income 2022: $1,8332022Revenue 2023: $48,348Expenses 2023: $56,522Net Income 2023: -$8,1742023Revenue 2024: $26,325Expenses 2024: $21,606Net Income 2024: $4,7192024

Highlighted filing

2020

Revenue$79,288
Expenses$80,770
Net Income-$1,482
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 8, 2021
Return Version
2020v4.0
Gross Receipts
$79,288
Mission and Program Overview

Mission

The smithfield-selma community offers a lifestyle of choice - focused on the future - where families and business thrive. We are recognized for our focus on collaboration and partnerships, community image, advances infrastucture and transportation; globally competitive educational oppurtunities, regional medical facilities, moral development of the youth and families, a superior business-friendly climate and outstanding leadership for future generations

Program Services

DescriptionGrantsExpenses
BEAUTIFICATION OF ROADWAYS-$80,770
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LAMAR ARMSTRONGTreasurer-$0--
APRIL CULVERDirector-$0--
ERIC BROWNLEEPast Chair-$0--
JEFFREY NAVARROBoard Chair-$0--
MARK MCDONNELLDirector-$0--
MIKE MANCUSOPresident-$0--
Filing and Contact Details

Filer

Filer Name
Smithfield Selma Chamber Economic
EIN
27-2039206
Address
PO BOX 467, SMITHFIELD, NC 27577-0467

Signing Officer

Name
Mike Mancuso
Title
President
Phone
9199349166
Signed
2021-07-08
Discuss with paid preparer
Yes

Preparer

Firm
Peedin & Sasser Cpas Pllc
Address
1389 W MARKET STREET, SMITHFIELD, NC 27577
Preparer
C Keith Peedin
Phone
9199346125
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

“Joco works 32,796 tenant rent 14,506 leadership income 5,990 flame for learning 5,000 cubesat 1,620 facility rent 350 total 60,262”

Form 990-ez, Part I, Line 16

“Expenses insurance 2,416 grounds maintenance 4,587 building repair 4,129 merchant service fee 50 beautification project 3,000 business in need grants 15,250 sales tax 270 total 29,702”

Form 990-ez, Part I, Line 20

“PROPERTY & EQUIPMENT 0”

Form 990-ez, Part II, Line 24

“1,700 1,700 less accumulated depreciation 1,565 1,619 total 135 81”

Form 990-ez, Part III

“The smithfield-selma community offers a lifestyle of choice - focused on the future - where families and business thrive. We are recognized for our focus on collaboration and partnerships, community image, advances infrastucture and transportation; globally competitive educational oppurtunities, regional medical facilities, moral development of the youth and families, a superior business-friendly climate and outstanding leadership for future generations”

Raw XML Appendix148 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
CompensationExplanation/CompensationExplanationGrp/PersonNm0LAMAR ARMSTRONG
CompensationExplanation/CompensationExplanationGrp/PersonNm1APRIL CULVER
CompensationExplanation/CompensationExplanationGrp/PersonNm2ERIC BROWNLEE
CompensationExplanation/CompensationExplanationGrp/PersonNm3JEFFREY NAVARRO
CompensationExplanation/CompensationExplanationGrp/PersonNm4MARK MCDONNELL
CompensationExplanation/CompensationExplanationGrp/PersonNm5MIKE MANCUSO
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0MIKE MANCUSO
IRS990EZ/BooksInCareOfDetail/PhoneNum09199349166
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 467
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SMITHFIELD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd027577
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt036535
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt041749
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt019000
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1482
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt044372
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0135812
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0134330
IRS990EZ/GrossReceiptsAmt079288
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt026
IRS990EZ/LandAndBuildingsGrp/BOYAmt099142
IRS990EZ/LandAndBuildingsGrp/EOYAmt092500
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0135812
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0134330
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0135812
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0134330
IRS990EZ/OccupancyRentUtltsAndMaintAmt06696
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LAMAR ARMSTRONG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1APRIL CULVER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ERIC BROWNLEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JEFFREY NAVARRO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MARK MCDONNELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MIKE MANCUSO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2PAST CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0135
IRS990EZ/OtherAssetsTotalDetail/EOYAmt081
IRS990EZ/OtherExpensesTotalAmt029702
IRS990EZ/OtherRevenueTotalAmt060262
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE SMITHFIELD-SELMA COMMUNITY OFFERS A LIFESTYLE OF CHOICE - FOCUSED ON THE FUTURE - WHERE FAMILIES AND BUSINESS THRIVE. WE ARE RECOGNIZED FOR OUR FOCUS ON COLLABORATION AND PARTNERSHIPS, COMMUNITY IMAGE, ADVANCES INFRASTUCTURE AND TRANSPORTATION; GLOBALLY COMPETITIVE EDUCATIONAL OPPURTUNITIES, REGIONAL MEDICAL FACILITIES, MORAL DEVELOPMENT OF THE YOUTH AND FAMILIES, A SUPERIOR BUSINESS-FRIENDLY CLIMATE AND OUTSTANDING LEADERSHIP FOR FUTURE GENERATIONS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0BEAUTIFICATION OF ROADWAYS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt080770
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt080770
IRS990EZ/TotalProgramServiceExpensesAmt080770
IRS990EZ/TotalRevenueAmt079288
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0TRIANGLEEASTCHAMBER.COM
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt019000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt068512
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt021646
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0109158
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt074807
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0109158
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt019000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt068512
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt021646
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0109158
IRS990ScheduleA/TotalSupportAmt0109158
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JOCO WORKS 32,796 TENANT RENT 14,506 LEADERSHIP INCOME 5,990 FLAME FOR LEARNING 5,000 CUBESAT 1,620 FACILITY RENT 350 TOTAL 60,262
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES INSURANCE 2,416 GROUNDS MAINTENANCE 4,587 BUILDING REPAIR 4,129 MERCHANT SERVICE FEE 50 BEAUTIFICATION PROJECT 3,000 BUSINESS IN NEED GRANTS 15,250 SALES TAX 270 TOTAL 29,702
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PROPERTY & EQUIPMENT 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt31,700 1,700 LESS ACCUMULATED DEPRECIATION 1,565 1,619 TOTAL 135 81
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE SMITHFIELD-SELMA COMMUNITY OFFERS A LIFESTYLE OF CHOICE - FOCUSED ON THE FUTURE - WHERE FAMILIES AND BUSINESS THRIVE. WE ARE RECOGNIZED FOR OUR FOCUS ON COLLABORATION AND PARTNERSHIPS, COMMUNITY IMAGE, ADVANCES INFRASTUCTURE AND TRANSPORTATION; GLOBALLY COMPETITIVE EDUCATIONAL OPPURTUNITIES, REGIONAL MEDICAL FACILITIES, MORAL DEVELOPMENT OF THE YOUTH AND FAMILIES, A SUPERIOR BUSINESS-FRIENDLY CLIMATE AND OUTSTANDING LEADERSHIP FOR FUTURE GENERATIONS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MIKE MANCUSO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09199349166
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-07-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SMITHFIELD SELMA CHAMBER ECONOMIC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DEVELOPMENT
ReturnHeader/Filer/BusinessNameControlTxt0SMIT
ReturnHeader/Filer/EIN0272039206
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 467
ReturnHeader/Filer/USAddress/CityNm0SMITHFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd0275770467
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0260598586
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PEEDIN & SASSER CPAS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01389 W MARKET STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SMITHFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027577
ReturnHeader/PreparerPersonGrp/PhoneNum09199346125
ReturnHeader/PreparerPersonGrp/PreparationDt02021-07-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0C KEITH PEEDIN
ReturnHeader/ReturnTs02021-07-15T15:04:09-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MIKE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MANCUSO
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$134,330
Liabilities
-
Net assets
$134,330
Revenue
$79,288
Expenses
$80,770
Net income
-$1,482
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.23$1.23$0.26$0.22$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$1.18$0.48$0.57$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.29$1.29$0.75$0.73$0.02
2021Detailed filing. Detailed filing data is available for this year.$1.27$1.27$0.34$0.41$0.07
2020Detailed filing. Detailed filing data is available for this year.$1.34$1.34$0.79$0.81$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.42$0.02$1.40$0.83$0.69$0.14
2018Detailed filing. Detailed filing data is available for this year.$1.27$0.01$1.26$0.22$0.07$0.14
2014Detailed filing. Detailed filing data is available for this year.$0.03$0.03$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.03$0.03$0.00$0.03$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.06$0.02$0.10$0.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.14$0.14