Civic Intelligence

Putnam County Chamber of Commerce

EIN 31-0951886 • 501(c)6 • Hurricane, WV

Profile

To promote the putnam county area as well as provide information on businesses in putnam county to other businesses and to the public.

971 Wv-34 Suite 2Hurricane, WV 25526

www.putnamcounty.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

93rd percentile

0.70x

Higher debt load relative to assets than 93% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

1.19x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

34th percentile

-1.1%

Higher net margin than 34% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

61st percentile

$77,692

Higher top officer pay than 61% of similar nonprofits.

Top officer pay equals 22.5% of source-year revenue.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Asset Growth

29th percentile

-4.0%

Faster asset growth than 29% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

85th percentile

30%

Faster revenue growth than 85% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$585,744

Down $24,560 (-4.0%) from 2023

Liabilities

Down

$411,859

Down $18,597 (-4.3%) from 2023

Net Assets

Down

$173,885

Down $5,963 (-3.3%) from 2023

Revenue

Up

$346,002

Up $79,542 (+30%) from 2023

Expenses

Up

$349,967

Up $178,650 (+104%) from 2023

Net Income

Down

-$3,965

Down $99,108 (-104%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0Assets 2013: $76,121Liabilities 2013: $64,972Net Assets 2013: $11,1492013Assets 2014: $120,716Liabilities 2014: $77,424Net Assets 2014: $43,2922014Assets 2015: $90,618Liabilities 2015: $60,636Net Assets 2015: $29,9822015Assets 2016: $880,928Liabilities 2016: $526,249Net Assets 2016: $354,6792016Assets 2017: $676,333Liabilities 2017: $485,471Net Assets 2017: $190,8622017Assets 2018: $640,295Liabilities 2018: $456,137Net Assets 2018: $184,1582018Assets 2019: $821,546Liabilities 2019: $436,362Net Assets 2019: $385,1842019Assets 2020: $698,242Liabilities 2020: $452,681Net Assets 2020: $245,5612020Assets 2021: $664,005Liabilities 2021: $418,727Net Assets 2021: $245,2782021Assets 2022: $604,014Liabilities 2022: $403,398Net Assets 2022: $200,6162022Assets 2023: $610,304Liabilities 2023: $430,456Net Assets 2023: $179,8482023Assets 2024: $585,744Liabilities 2024: $411,859Net Assets 2024: $173,8852024

Highlighted filing

2024

Assets$585,744
Liabilities$411,859
Net Assets$173,885

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200KRevenue 2013: $303,532Expenses 2013: $319,668Net Income 2013: -$16,1362013Revenue 2014: $301,199Expenses 2014: $290,341Net Income 2014: $10,8582014Revenue 2015: $283,511Expenses 2015: $294,827Net Income 2015: -$11,3162015Revenue 2016: $393,429Expenses 2016: $316,242Net Income 2016: $77,1872016Revenue 2017: $287,489Expenses 2017: $304,875Net Income 2017: -$17,3862017Revenue 2018: $332,333Expenses 2018: $315,397Net Income 2018: $16,9362018Revenue 2019: $319,804Expenses 2019: $271,324Net Income 2019: $48,4802019Revenue 2020: $232,537Expenses 2020: $262,249Net Income 2020: -$29,7122020Revenue 2021: $269,926Expenses 2021: $270,207Net Income 2021: -$2812021Revenue 2022: $294,355Expenses 2022: $339,017Net Income 2022: -$44,6622022Revenue 2023: $266,460Expenses 2023: $171,317Net Income 2023: $95,1432023Revenue 2024: $346,002Expenses 2024: $349,967Net Income 2024: -$3,9652024

Highlighted filing

2024

Revenue$346,002
Expenses$349,967
Net Income-$3,965

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 23, 2025
Return Version
2024v5.2
Gross Receipts
$384,823
Mission and Program Overview

Mission

Promote business in putnam county

To promote the putnam county area as well as provide information on businesses in putnam county to other businesses and to the public.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$531,063$516,566▼ $14,497
Rtn Earn Endowment Incm Other Fnds$177,850$173,885▼ $3,965
Accounts Receivable$33,077$46,137▲ $13,060
Cash and Non-Interest-Bearing Accounts$15,122$23,041▲ $7,919
Total Assets$579,262$585,744▲ $6,482
Liabilities
Mortgage Notes Payable Secured by Investment Property$345,777$324,742▼ $21,035
Other Liabilities$54,053$79,358▲ $25,305
Accounts Payable and Accrued Expenses$1,582$7,759▲ $6,177
Total Liabilities$401,412$411,859▲ $10,447
Net Assets / Fund Balance
Total Net Assets Fund Balance$177,850$173,885▼ $3,965
Total Liabilities and Net Assets / Fund Balance$579,262$585,744▲ $6,482

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$435,591$119,220$554,811
Land$50,000-$50,000
Leasehold Improvements$29,134$7,978$37,112
Other Land Buildings-$22,686$22,686
Equipment$1,841$8,286$10,127
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ashley GlanceExecutive DirectorFT$77,692$77,692

Board Members and Trustees

NameTitle
Chris WallaceChair
Megan HannahPast Chair
Thor MeeksVisioning Chair
Brian MooreVice Chair
Michelle DaughteryVice Chair
Vince TurleyBoard
Caitlyn KingBoard Member
Carrie GrimmBoard Member
Christin CastoBoard Member
Clerence LittonBoard Member
Dina FosterBoard Member
Eric EmbreeBoard Member
Eric TarrBoard Member
Greg AtkinsonBoard Member
Jon WebsterBoard Member
Rob SydenstrickerBoard Member
Rocky YoungBoard Member
Sheanna SpenceBoard Member
Wendi OdellBoard Member
Kelli SteeleTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$213,586
Program Service Revenue
$129,177
Investment Income
$60
Other Revenue
$3,179
All Other Contributions
$4,000
Change in Net Assets
$-3,965
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$186,511
Salaries, Compensation, and Employee Benefits$163,456
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$77,692-$77,692
Other Salaries and Wages-$69,955-$69,955
Office Expenses-$25,002-$25,002
Occupancy-$24,298-$24,298
Information Technology-$13,176-$13,176
Advertising$12,342--$12,342
Interest-$12,098-$12,098
Payroll Taxes-$12,059-$12,059
Depreciation Depletion$8,846--$8,846
Pension Plan Contributions-$3,750-$3,750
Insurance-$2,042-$2,042
Other Expenses$78,321$1,371-$1,371
Conferences and Meetings-$1,243-$1,243
Fees for Services Accounting-$1,000-$1,000
Total Functional Expenses$99,509$250,458$0$349,967
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loc$53,773
Note Payable - Grant$22,000
Payroll Taxes$3,533
Credit Card$52
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

Members vote on the governing board

Member election for additional members Part VI line 7A

Members vote on the governing board

Form 990 governing body review Part VI line 11

The executive director is in charge of 990 filing

Governing documents etc available to public Part VI line 19

No documents are available to the public unless written request is received

Filing and Contact Details

Filer

Filer Name
Putnam County Chamber of Commerce
EIN
31-0951886
In Care Of
% Ashley Glance
Phone
3047576510
Address
971 WV-34 SUITE 2, Hurricane, WV 25526

Signing Officer

Name
Ashley Glance
Title
Executive Director
Phone
3047576510
Signed
2025-08-23

Organization Details

Formed
1978
Legal Domicile
Wv
Voting Board Members
20
Independent Board Members
20
Employees
3
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IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt18CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
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IRS990/OtherExpensesGrp/Desc1DUES & SUBSCRIPTIONS
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL TAXES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2LOC
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS VOTE ON THE GOVERNING BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS VOTE ON THE GOVERNING BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR IS IN CHARGE OF 990 FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS ARE AVAILABLE TO THE PUBLIC UNLESS WRITTEN REQUEST IS RECEIVED
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Members or stockholder classes and rights Part VI line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Member election for additional members Part VI line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
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