Civic Intelligence

Danville Pittsylvania County Chamber of Commerce

990 • Fiscal year 2016 • EIN 54-0188090

Jan 01, 2016 to Dec 31, 2016 • Filed on Jul 05, 2017

8653 US Highway 29Blairs, VA 24527

(434) 836-6990

Siviq Scores

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

Liabilities / Assets

45th percentile

0.06x

Higher debt load relative to assets than 45% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

51st percentile

0.08x

Higher debt load relative to revenue than 51% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Net Margin

27th percentile

-2.4%

Higher net margin than 27% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

70th percentile

$101,726

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 21.5% of source-year revenue.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Asset Growth

18th percentile

-8.7%

Faster asset growth than 18% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

16th percentile

-11%

Faster revenue growth than 16% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$624,044

Down $59,482 (-8.7%) from 2015

Net Assets

Down

$588,346

Down $11,405 (-1.9%) from 2015

Liabilities

Down

$35,698

Down $48,077 (-57%) from 2015

Revenue

Down

$472,762

Down $58,995 (-11%) from 2015

Expenses

Down

$484,167

Down $57,532 (-11%) from 2015

Net Income

Down

-$11,405

Down $1,463 (-15%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $672,059Liabilities 2010: $95,494Net Assets 2010: $576,5652010Assets 2011: $579,491Liabilities 2011: $8,080Net Assets 2011: $571,4112011Assets 2012: $598,433Liabilities 2012: $23,711Net Assets 2012: $574,7222012Assets 2013: $637,015Liabilities 2013: $19,777Net Assets 2013: $617,2382013Assets 2014: $760,470Liabilities 2014: $150,777Net Assets 2014: $609,6932014Assets 2015: $683,526Liabilities 2015: $83,775Net Assets 2015: $599,7512015Assets 2016: $624,044Liabilities 2016: $35,698Net Assets 2016: $588,3462016Assets 2017: $654,020Liabilities 2017: $68,176Net Assets 2017: $585,8442017Assets 2018: $634,498Liabilities 2018: $50,819Net Assets 2018: $583,6792018Assets 2019: $674,641Liabilities 2019: $193,321Net Assets 2019: $481,3202019Assets 2020: $708,341Liabilities 2020: $219,899Net Assets 2020: $488,4422020Assets 2021: $746,060Liabilities 2021: $209,291Net Assets 2021: $536,7692021Assets 2022: $795,607Liabilities 2022: $203,583Net Assets 2022: $592,0242022Assets 2023: $973,931Liabilities 2023: $285,582Net Assets 2023: $688,3492023Assets 2024: $1,066,793Liabilities 2024: $325,941Net Assets 2024: $740,8522024

Highlighted filing

2016

Assets$624,044
Liabilities$35,698
Net Assets$588,346

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2010: $359,701Expenses 2010: $351,036Net Income 2010: $8,6652010Revenue 2011: $444,949Expenses 2011: $427,002Net Income 2011: $17,9472011Revenue 2012: $447,886Expenses 2012: $432,836Net Income 2012: $15,0502012Revenue 2013: $498,656Expenses 2013: $457,267Net Income 2013: $41,3892013Revenue 2014: $481,393Expenses 2014: $488,938Net Income 2014: -$7,5452014Revenue 2015: $531,757Expenses 2015: $541,699Net Income 2015: -$9,9422015Revenue 2016: $472,762Expenses 2016: $484,167Net Income 2016: -$11,4052016Revenue 2017: $524,710Expenses 2017: $527,212Net Income 2017: -$2,5022017Revenue 2018: $419,957Expenses 2018: $422,122Net Income 2018: -$2,1652018Revenue 2019: $359,414Expenses 2019: $408,020Net Income 2019: -$48,6062019Revenue 2020: $292,834Expenses 2020: $285,712Net Income 2020: $7,1222020Revenue 2021: $304,782Expenses 2021: $256,455Net Income 2021: $48,3272021Revenue 2022: $359,365Expenses 2022: $301,135Net Income 2022: $58,2302022Revenue 2023: $497,933Expenses 2023: $401,608Net Income 2023: $96,3252023Revenue 2024: $682,840Expenses 2024: $631,707Net Income 2024: $51,1332024

Highlighted filing

2016

Revenue$472,762
Expenses$484,167
Net Income-$11,405
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jul 5, 2017
Return Version
2016v3.0
Gross Receipts
$545,460
Mission and Program Overview

Mission

To promote economic growth in the city of danville, va and pittsylvania county area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$386,764$367,375▼ $19,389
Savings and Temporary Cash Investments$273,936$240,634▼ $33,302
Prepaid Expenses and Deferred Charges$8,626$9,760▲ $1,134
Accounts Receivable$5,027$5,886▲ $859
Cash and Non-Interest-Bearing Accounts$100$100→ $0
Total Assets$683,526$624,044▼ $59,482
Other Assets Total$9,073$289▼ $8,784
Liabilities
Deferred Revenue$63,004$21,839▼ $41,165
Other Liabilities$12,699$11,779▼ $920
Accounts Payable and Accrued Expenses$8,072$2,080▼ $5,992
Total Liabilities$83,775$35,698▼ $48,077
Net Assets / Fund Balance
Unrestricted Net Assets$599,751$588,346▼ $11,405
Total Net Assets Fund Balance$599,751$588,346▼ $11,405
Total Liabilities and Net Assets / Fund Balance$683,526$624,044▼ $59,482

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$226,334$109,761$336,095
Land$111,970-$111,970
Equipment$19,722$39,713$59,435
Other Land Buildings$9,349$50,053$59,402
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Laurie MoranPresidentFT$101,726$101,726

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$222,505
Program Service Revenue
$99,065
Investment Income
$1,233
Other Revenue
$149,959
All Other Contributions
$5,000
Change in Net Assets
$-11,405
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$269,743
Other Expenses$214,424
Total Fundraising Expense$12,783
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$118,650$95,235$10,640$224,525
Office Expenses-$27,845-$27,845
Depreciation Depletion-$22,826-$22,826
Other Employee Benefits$10,291$8,261$923$19,475
All Other Expenses$1,804$17,036-$18,840
Other Expenses$18,740$21,455-$18,740
Payroll Taxes$9,354$7,508$839$17,701
Fees for Services Accounting-$12,358-$12,358
Travel-$11,540-$11,540
Pension Plan Contributions$4,250$3,411$381$8,042
Information Technology-$6,725-$6,725
Advertising-$6,717-$6,717
Occupancy-$6,510-$6,510
Insurance-$6,175-$6,175
Fees for Services Management-$5,520-$5,520
Total Functional Expenses$212,262$259,122$12,783$484,167
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$111,356
Fundraising Direct Expenses$72,453
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Shrimp Fest$80,016$80,016$20,404$59,612
Chamber Classic$31,340$31,340$2,025$29,315
Total Events$111,356$111,356$72,453$38,903
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Board MemberAccounting ServicesNo$4,551
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Sick Leave$11,368
Futa Payable$302
Fica Payable$66
Suta Payable$28
Medicae Payable$15
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The chamber of commerce is a membership organization whose purpose is to promote the interest of businesses and industries and to improve the business environment and quality of life in towns of chatham, gretna, hurt, the city of danville, and the county of pittsylvania, virginia. Any reputable business having an interest in the objectives of the chamber is eligible for election to membership.

Form 990, Page 6, Part VI, Line 7A

In any proceeding in which voting by members is required, each member in good standing shall be entitled to cast a vote or votes based on the assigned number of designees as described in the chamber's bylaws. Five members of the board of directors are elected each year by the organization's membership.

Form 990, Page 6, Part VI, Line 7B

The governing and policy-making responsibilities of the chamber are vested exclusively in the board of directors, which shall control the property, be responsible for the finances, and direct the affairs of the organization. Dissolution of the chamber requires two-thirds of all the votes cast by the membership at a duly called meeting at which a quorum is present.

Form 990, Page 6, Part VI, Line 11B

A copy of the form 990 is presented to the organization's finance committee and board of directors for review and comments before being submitted to the irs.

Form 990, Page 6, Part VI, Line 12C

A copy of the conflict of interest policy is distributed at the beginning of each program year to officers and directors. Each officer and director documents all potential conflicts of interest and returns the signed statement. The forms are reviewed by the president. Any unusual or potential conflicts are shared with the officers. When issues are voted upon at board meetings, board members who have a conflict of interest must state their conflict and remove themselves from any discussion and/or vote on the issue. Employees of the organization are required to review and sign the conflict of interest statement at the time of hire. Employees' conflict of interest statements are reviewed by the president and shared with the officers if there are any unusual or potential conflicts.

Form 990, Page 6, Part VI, Line 15A

The compensation of the organization's president (top management official) is reviewed by the immediate past chairman of the board, the current chairman of the board, and the chairman-elect of the board. The group conducts an annual appraisal of the top management official with opportunity for input and review by the full board of directors. Based on the performance appraisal and within budget guidelines, the group determines the compensation for the upcoming year. As part of the group's deliberation, comparison data from similar professions and from similar occupations in the region are reviewed to provide benchmarks and comparisons. The organization has only one such employee.

Form 990, Page 6, Part VI, Line 19

Upon request, the chamber makes its governing documents, conflict of interest policy, and financial statements available to the inquiring party. Copies are available for review at the organization's main office, by mail, and/or electronically.

Filing and Contact Details

Filer

Filer Name
Danville Pittsylvania County
EIN
54-0188090
Phone
4348366990
Address
8653 US HIGHWAY 29, BLAIRS, VA 24527

Signing Officer

Name
Rj Weaver
Title
Treasurer
Phone
4348366990
Signed
2017-07-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rj Weaver
Formed
2001
Legal Domicile
Va
Voting Board Members
17
Independent Board Members
17
Employees
8

Preparer

Firm
Snead Williams & Mayhew Pllc
Address
PO BOX 498, DANVILLE, VA 24543-0498
Preparer
Michael a Mayhew CPA Pfs Cfp
Phone
4347913708
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

The chamber is exempt from federal and state income taxes under section 501(c)(6) of the internal revenue code and the tax statutes of the commonwealth of virginia. The chamber has also been classified as an entity that is not a private foundation within the meaning of the internal revenue code section 509(a). The foundation is exempt from federal and state income taxes under section 501(c)(3) of the internal revenue code. The chamber and foundation believe that each has appropriate support for all tax positions taken, and as such, does not have any uncertain tax positions that are material to the consolidated financial statements. The chamber's and foundation's federal returns of organization exempt from income tax (forms 990) for the years 2014 through 2016 are open to examination by the irs and generally remain open for three years after they are filed.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIR-ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt4IMMEDIATE PA
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02001
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IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt072453
IRS990/FundraisingGrossIncomeAmt0111356
IRS990/GainOrLossGrp/OtherAmt0-245
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0545460
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt017
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt06725
IRS990/InformationTechnologyGrp/TotalAmt06725
IRS990/InsuranceGrp/ManagementAndGeneralAmt06175
IRS990/InsuranceGrp/TotalAmt06175
IRS990/InvestmentIncomeGrp/ExclusionAmt01478
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01478
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0199527
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0386764
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0367375
IRS990/LandBldgEquipCostOrOtherBssAmt0566902
IRS990/LegalDomicileStateCd0VA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0245
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt0217505
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROMOTE ECONOMIC GROWTH IN THE CITY OF DANVILLE, VA AND PITTSYLVANIA COUNTY AREA.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0599751
IRS990/NetAssetsOrFundBalancesEOYAmt0588346
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-245
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-245
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt038903
IRS990/NoncashContributionsAmt05000
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt06510
IRS990/OccupancyGrp/TotalAmt06510
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt027845
IRS990/OfficeExpensesGrp/TotalAmt027845
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt09073
IRS990/OtherAssetsTotalGrp/EOYAmt0289
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0923
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08261
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt010291
IRS990/OtherEmployeeBenefitsGrp/TotalAmt019475
IRS990/OtherExpensesGrp/Desc0TRADE SHOWS
IRS990/OtherExpensesGrp/Desc1COMMITTEE WORK PLAN EXPEN
IRS990/OtherExpensesGrp/Desc2FORUMS & SEMINARS
IRS990/OtherExpensesGrp/Desc3AWARDS DINNER
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt021455
IRS990/OtherExpensesGrp/ProgramServicesAmt028099
IRS990/OtherExpensesGrp/ProgramServicesAmt121074
IRS990/OtherExpensesGrp/ProgramServicesAmt218740
IRS990/OtherExpensesGrp/TotalAmt028099
IRS990/OtherExpensesGrp/TotalAmt121455
IRS990/OtherExpensesGrp/TotalAmt221074
IRS990/OtherExpensesGrp/TotalAmt318740
IRS990/OtherLiabilitiesGrp/BOYAmt012699
IRS990/OtherLiabilitiesGrp/EOYAmt011779
IRS990/OtherRevenueMiscGrp/Desc0ADMIN FEES
IRS990/OtherRevenueMiscGrp/Desc1OTHER
IRS990/OtherRevenueMiscGrp/Desc2PUBLICATIONS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0104925
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt14801
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt21330
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0104925
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt14801
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt21330
IRS990/OtherRevenueTotalAmt0111056
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt010640
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt095235
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0118650
IRS990/OtherSalariesAndWagesGrp/TotalAmt0224525
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0839
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07508
IRS990/PayrollTaxesGrp/ProgramServicesAmt09354
IRS990/PayrollTaxesGrp/TotalAmt017701
IRS990/PensionPlanContributionsGrp/FundraisingAmt0381
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt03411
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04250
IRS990/PensionPlanContributionsGrp/TotalAmt08042
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08626
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09760
IRS990/PrincipalOfficerNm0RJ WEAVER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0SPECIAL EVENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt099065
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt099065
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0245036
IRS990/PYInvestmentIncomeAmt01464
IRS990/PYOtherExpensesAmt0282176
IRS990/PYOtherRevenueAmt0126148
IRS990/PYProgramServiceRevenueAmt0159109
IRS990/PYRevenuesLessExpensesAmt0-9942
IRS990/PYSalariesCompEmpBnftPaidAmt0259523
IRS990/PYTotalExpensesAmt0541699
IRS990/PYTotalRevenueAmt0531757
IRS990/ReconcilationRevenueExpnssAmt0-11405
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0327456
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0273936
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0240634
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/DuesAssessmentsAmt0217505
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0226334
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0109761
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0336095
IRS990ScheduleD/EquipmentGrp/BookValueAmt019722
IRS990ScheduleD/EquipmentGrp/DepreciationAmt039713
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt059435
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0111970
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0111970
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt09349
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt050053
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt059402
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011368
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1302
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt266
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt328
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt415
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED SICK LEAVE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1FUTA PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2FICA PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3SUTA PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4MEDICAE PAYABLE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CHAMBER IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND THE TAX STATUTES OF THE COMMONWEALTH OF VIRGINIA. THE CHAMBER HAS ALSO BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF THE INTERNAL REVENUE CODE SECTION 509(A). THE FOUNDATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE CHAMBER AND FOUNDATION BELIEVE THAT EACH HAS APPROPRIATE SUPPORT FOR ALL TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. THE CHAMBER'S AND FOUNDATION'S FEDERAL RETURNS OF ORGANIZATION EXEMPT FROM INCOME TAX (FORMS 990) FOR THE YEARS 2014 THROUGH 2016 ARE OPEN TO EXAMINATION BY THE IRS AND GENERALLY REMAIN OPEN FOR THREE YEARS AFTER THEY ARE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0367375
IRS990ScheduleD/TotalLiabilityAmt011779
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt072453

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.33$0.74$0.68$0.63$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$0.29$0.69$0.50$0.40$0.10
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.20$0.59$0.36$0.30$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.75$0.21$0.54$0.30$0.26$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.71$0.22$0.49$0.29$0.29$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$0.19$0.48$0.36$0.41$0.05
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.63$0.05$0.58$0.42$0.42$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.65$0.07$0.59$0.52$0.53$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.62$0.04$0.59$0.47$0.48$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.68$0.08$0.60$0.53$0.54$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.76$0.15$0.61$0.48$0.49$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.64$0.02$0.62$0.50$0.46$0.04
2012Summary only. Only limited summary data is available for this year.$0.60$0.02$0.57$0.45$0.43$0.02
2011Summary only. Only limited summary data is available for this year.$0.58$0.01$0.57$0.44$0.43$0.02
2010Summary only. Only limited summary data is available for this year.$0.67$0.10$0.58$0.36$0.35$0.01