Civic Intelligence

Danville Pittsylvania County Chamber of Commerce

990 • Fiscal year 2017 • EIN 54-0188090

Jan 01, 2017 to Dec 31, 2017 • Filed on Jul 18, 2018

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

55th percentile

0.10x

Higher debt load relative to assets than 55% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

61st percentile

0.13x

Higher debt load relative to revenue than 61% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Net Margin

33rd percentile

-0.5%

Higher net margin than 33% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

45th percentile

$44,304

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 8.4% of source-year revenue.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2017

Asset Growth

50th percentile

4.8%

Faster asset growth than 50% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

72nd percentile

11%

Faster revenue growth than 72% of similar nonprofits.

2017 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$654,020

Up $29,976 (+4.8%) from 2016

Net Assets

Down

$585,844

Down $2,502 (-0.4%) from 2016

Liabilities

Up

$68,176

Up $32,478 (+91%) from 2016

Revenue

Up

$524,710

Up $51,948 (+11%) from 2016

Expenses

Up

$527,212

Up $43,045 (+8.9%) from 2016

Net Income

Up

-$2,502

Up $8,903 (+78%) from 2016

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

2017

Assets$654,020
Liabilities$68,176
Net Assets$585,844

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

2017

Revenue$524,710
Expenses$527,212
Net Income-$2,502
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jul 18, 2018
Return Version
2017v2.3
Gross Receipts
$589,438
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$367,375$346,829▼ $20,546
Savings and Temporary Cash Investments$240,634$241,401▲ $767
Prepaid Expenses and Deferred Charges$9,760$8,798▼ $962
Accounts Receivable$5,886$8,600▲ $2,714
Cash and Non-Interest-Bearing Accounts$100$100→ $0
Total Assets$624,044$654,020▲ $29,976
Other Assets Total$289$48,292▲ $48,003
Liabilities
Deferred Revenue$21,839$47,869▲ $26,030
Accounts Payable and Accrued Expenses$2,080$14,557▲ $12,477
Other Liabilities$11,779$5,750▼ $6,029
Total Liabilities$35,698$68,176▲ $32,478
Net Assets / Fund Balance
Unrestricted Net Assets$588,346$585,844▼ $2,502
Total Net Assets Fund Balance$588,346$585,844▼ $2,502
Total Liabilities and Net Assets / Fund Balance$624,044$654,020▲ $29,976

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$216,748$119,348$336,096
Land$111,970-$111,970
Equipment$16,922$42,513$59,435
Other Land Buildings$1,189$58,213$59,402
Other Assets Org$296--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Laurie MoranPresidentFT$44,304$44,304
Betty Jo FosterInterim PresFT$27,200$27,200

Board Members and Trustees

NameTitle
Bert EadesChair
Paul D ErwinChair-elect
Christine BaggerlyVice-chair
Alan LarsonDirector
Ashley NautaDirector
Bruce R ScismDirector
Eva DossDirector
Janet HolleyDirector
M Scott WallerDirector
Mary SmithDirector
Michael B JonesDirector
Rachael SanfordDirector
Robin JonesDirector
Shannon H KnightDirector
John W DanielImmediate Pa
Rj WeaverTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$216,337
Program Service Revenue
$88,423
Investment Income
$1,517
Other Revenue
$218,433
All Other Contributions
$1,043
Change in Net Assets
$-2,502
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$296,055
Other Expenses$231,157
Total Fundraising Expense$9,680
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$165,808$65,469$7,817$239,094
Fees for Services Management$25,000$17,433-$42,433
Other Employee Benefits$22,918$9,049$1,081$33,048
Office Expenses-$25,779-$25,779
Fees for Services Accounting-$24,592-$24,592
Depreciation Depletion-$20,546-$20,546
Payroll Taxes$13,193$5,209$622$19,024
All Other Expenses$2,351$13,413-$15,764
Travel-$10,949-$10,949
Occupancy-$7,169-$7,169
Information Technology-$6,994-$6,994
Other Expenses$17,288$5,584-$5,584
Insurance-$5,189-$5,189
Pension Plan Contributions$3,390$1,339$160$4,889
Advertising-$1,520-$1,520
Total Functional Expenses$297,298$220,234$9,680$527,212
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$99,287
Fundraising Direct Expenses$64,728
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Shrimp Fest$72,037$72,037$16,738$55,299
Chamber Classic$27,250$27,250$3,710$23,540
Total Events$99,287$99,287$64,728$34,559
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Sick Leave$4,471
State W/h Payable$1,013
Futa Payable$252
Fica Payable$7
401k Payable$5
Medicare Payable$2
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
No
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
2018-07-18
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
6

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

Additional Explanations

Form 990, Page 2, Part III, Line 4D

This amount is the flow-through of a grant that was transferred from danville pittsylvania county chamber of commerce foundation.

Form 990, Part XI, Line 9

Book / tax depreciation difference 2 rounding -2

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 2017 are open to examination by the irs and generally remain open for three years after they are filed.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1INTERIM PRES
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIR-ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt5IMMEDIATE PA
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
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
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt064728
IRS990/FundraisingGrossIncomeAmt099287
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0589438
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt017
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt06994
IRS990/InformationTechnologyGrp/TotalAmt06994
IRS990/InsuranceGrp/ManagementAndGeneralAmt05189
IRS990/InsuranceGrp/TotalAmt05189
IRS990/InvestmentIncomeGrp/ExclusionAmt01517
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01517
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0220074
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0367375
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0346829
IRS990/LandBldgEquipCostOrOtherBssAmt0566903
IRS990/LegalDomicileStateCd0VA
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt0215294
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/NetAssetsOrFundBalancesBOYAmt0588346
IRS990/NetAssetsOrFundBalancesEOYAmt0585844
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt034559
IRS990/NoncashContributionsAmt01043
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt07169
IRS990/OccupancyGrp/TotalAmt07169
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt025779
IRS990/OfficeExpensesGrp/TotalAmt025779
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0289
IRS990/OtherAssetsTotalGrp/EOYAmt048292
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01081
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt09049
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt022918
IRS990/OtherEmployeeBenefitsGrp/TotalAmt033048
IRS990/OtherExpensesGrp/Desc0TRADE SHOWS
IRS990/OtherExpensesGrp/Desc1FORUMS & SEMINARS
IRS990/OtherExpensesGrp/Desc2AWARDS DINNER
IRS990/OtherExpensesGrp/Desc3MEMBERSHIP DUES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05584
IRS990/OtherExpensesGrp/ProgramServicesAmt029223
IRS990/OtherExpensesGrp/ProgramServicesAmt118127
IRS990/OtherExpensesGrp/ProgramServicesAmt217288
IRS990/OtherExpensesGrp/TotalAmt029223
IRS990/OtherExpensesGrp/TotalAmt118127
IRS990/OtherExpensesGrp/TotalAmt217288
IRS990/OtherExpensesGrp/TotalAmt35584
IRS990/OtherLiabilitiesGrp/BOYAmt011779
IRS990/OtherLiabilitiesGrp/EOYAmt05750
IRS990/OtherRevenueMiscGrp/Desc0ADMIN FEES
IRS990/OtherRevenueMiscGrp/Desc1OTHER
IRS990/OtherRevenueMiscGrp/Desc2PUBLICATIONS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0175359
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt17457
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt21058
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0175359
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt17457
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt21058
IRS990/OtherRevenueTotalAmt0183874
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt07817
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt065469
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0165808
IRS990/OtherSalariesAndWagesGrp/TotalAmt0239094
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0622
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05209
IRS990/PayrollTaxesGrp/ProgramServicesAmt013193
IRS990/PayrollTaxesGrp/TotalAmt019024
IRS990/PensionPlanContributionsGrp/FundraisingAmt0160
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01339
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt03390
IRS990/PensionPlanContributionsGrp/TotalAmt04889
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09760
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08798
IRS990/PrincipalOfficerNm0RJ WEAVER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0SPECIAL EVENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt088423
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt088423
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THIS AMOUNT IS THE FLOW-THROUGH OF A GRANT THAT WAS TRANSFERRED FROM DANVILLE PITTSYLVANIA COUNTY CHAMBER OF COMMERCE FOUNDATION.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt025000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0222505
IRS990/PYInvestmentIncomeAmt01233
IRS990/PYOtherExpensesAmt0214424
IRS990/PYOtherRevenueAmt0149959
IRS990/PYProgramServiceRevenueAmt099065
IRS990/PYRevenuesLessExpensesAmt0-11405
IRS990/PYSalariesCompEmpBnftPaidAmt0269743
IRS990/PYTotalExpensesAmt0484167
IRS990/PYTotalRevenueAmt0472762
IRS990/ReconcilationRevenueExpnssAmt0-2502
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0313275
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0240634
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0241401
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/DuesAssessmentsAmt0215294
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0216748
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0119348
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0336096
IRS990ScheduleD/EquipmentGrp/BookValueAmt016922
IRS990ScheduleD/EquipmentGrp/DepreciationAmt042513
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt059435
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0111970
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0111970
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt047996
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1296
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM FOUNDATION
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1INTEREST RECEIVABLE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01189
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt058213
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt059402
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04471
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11013
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2252
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt37
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt45
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt52
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED SICK LEAVE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1STATE W/H PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2FUTA PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3FICA PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4401K PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5MEDICARE 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 2017 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/TotalBookValueLandBuildingsAmt0346829
IRS990ScheduleD/TotalBookValueOtherAssetsAmt048292
IRS990ScheduleD/TotalLiabilityAmt05750
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt064728
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt01200

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
2017Detailed filing. Detailed filing data is available for this year.$0.65$0.07$0.59$0.52$0.53$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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