Civic Intelligence

Floyd County Chamber of Commerce Inc

EIN 54-1495833 • 501(c)6 • Floyd, VA

Profile

Encourage growth of businesses

P O Box 723Floyd, VA 24091

www.floydchamber.org

Siviq Scores

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

Liabilities / Assets

90th percentile

0.49x

Higher debt load relative to assets than 90% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

89th percentile

0.34x

Higher debt load relative to revenue than 89% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

38th percentile

-5.5%

Higher net margin than 38% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$12,968

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 16.7% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

43rd percentile

-5.3%

Faster asset growth than 43% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

19th percentile

-29%

Faster revenue growth than 19% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$53,398

Down $3,000 (-5.3%) from 2020

Liabilities

Up

$26,033

Up $1,244 (+5.0%) from 2020

Net Assets

Down

$27,365

Down $4,244 (-13%) from 2020

Revenue

Down

$77,701

Down $32,075 (-29%) from 2020

Expenses

Down

$81,946

Down $22,526 (-22%) from 2020

Net Income

Down

-$4,245

Down $9,549 (-180%) from 2020

Trend Graphs

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2014: $44,010Liabilities 2014: $8,138Net Assets 2014: $35,8722014Assets 2015: $48,045Liabilities 2015: $1,143Net Assets 2015: $46,9022015Assets 2016: $41,496Liabilities 2016: $2,663Net Assets 2016: $38,8332016Assets 2017: $47,633Liabilities 2017: $4,202Net Assets 2017: $43,4312017Assets 2018: $36,549Liabilities 2018: $1,632Net Assets 2018: $34,9172018Assets 2019: $32,659Liabilities 2019: $6,354Net Assets 2019: $26,3052019Assets 2020: $56,398Liabilities 2020: $24,789Net Assets 2020: $31,6092020Assets 2021: $53,398Liabilities 2021: $26,033Net Assets 2021: $27,3652021

Highlighted filing

2021

Assets$53,398
Liabilities$26,033
Net Assets$27,365

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2014: $85,447Expenses 2014: $93,382Net Income 2014: -$7,9352014Revenue 2015: $112,556Expenses 2015: $101,526Net Income 2015: $11,0302015Revenue 2016: $89,112Expenses 2016: $97,181Net Income 2016: -$8,0692016Revenue 2017: $100,595Expenses 2017: $95,997Net Income 2017: $4,5982017Revenue 2018: $136,444Expenses 2018: $146,598Net Income 2018: -$10,1542018Revenue 2019: $133,622Expenses 2019: $142,234Net Income 2019: -$8,6122019Revenue 2020: $109,776Expenses 2020: $104,472Net Income 2020: $5,3042020Revenue 2021: $77,701Expenses 2021: $81,946Net Income 2021: -$4,2452021

Highlighted filing

2021

Revenue$77,701
Expenses$81,946
Net Income-$4,245

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 1, 2022
Return Version
2021v4.2
Gross Receipts
$86,449
Mission and Program Overview

Mission

Encourage growth of businesses

Program Services

DescriptionGrantsExpenses
THIS CHAMBER IS ORGANIZED FOR ADVANCING THE ECONOMIC, INDUSTRIAL, AGRICULTURAL, PROFESSIONAL, CULTURAL, CIVIC AND TOURISM INTEREST IN THE COUNTY OF FLOYD, VA.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOHN MCENHILL1st Vice ChairPT$12,968-$12,968
KARIN GROSSHANS2nd Vice Chair-$0--
AMANDA LAWRENCEDirector-$0--
DEREK WALLDirector-$0--
PAT SHARKEYDirector-$0--
CRAIG CHANCELLORChair Of Board-$0--
JOHN CARTERDirector-$0--
ANN BOWERDirector-$0--
SCOTT GRIFFINDirector-$0--
LORI SALTUSSecretary-$0--
GRAYSON RUDDDirector-$0--
JAMES CABLERDirector-$0--
KALINDA BECHTOLDEx Officio Board Member-$0--
ALEE EPPERLYDirector-$0--
STEPHANIE YATESDirector-$0--
VICKIE SPANGLERTreasurer-$0--
DAVID WHITAKEREx Officio Board Member-$0--
ABBY RECZEKDirector-$0--
JOY GARDNERDirector-$0--
JEAN WOODSDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Duck Race----
Filing and Contact Details

Filer

Filer Name
Floyd County Chamber of Commerce Inc
EIN
54-1495833
Address
P O BOX 723, FLOYD, VA 24091

Signing Officer

Name
Victoria M Spangler
Title
Treasurer
Phone
5407452066
Signed
2022-11-01
Discuss with paid preparer
Yes

Preparer

Firm
Vickies Income Tax Service LLC
Address
116 W MAIN ST P O Box 723, FLOYD, VA 24091
Preparer
Victoria M Spangler Ea
Phone
5407452066
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

Description amounttdc rent income to chamber 2,400banner ad 25

List of grants and similar amounts paid Part I line 10

Activity college scholarships radford university grantee caleigh chaffin street local city, state, zip floyd, va 24091relationship student at fchs amount 500activity college scholarship at nrcc grantee mitchell cox street local city, state, zip floyd, va 24091relationship student at fchs amount 500

Description of other expenses Part I line 16

Description amountadvertising 353scc bus regis acct 25chamber special event exp 2,158chamber bank and membership fees 635chamber meeting exp 55special map project 195tdc marketing expense 8,004

Other changes in net assets or fund balances Part I line 20

Description amountrounding 1

Description of other assets Part II line 24

Category beginning of year end of yearsecurity deposit 600 600

Description of total liabilities Part II line 26

Category beginning of year end of yearchamber cc 71 517tdc payroll 1,092 0chamber payroll sales tax 776 116unearned revenue 6,050 10,400loan 15000 covid 0 15,000ppp and mcenhill loans 16,800 0

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

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm12KALINDA BECHTOLD
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm16DAVID WHITAKER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm17ABBY RECZEK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm18JOY GARDNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm19JEAN WOODS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt02ND VICE CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt31ST VICE CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5CHAIR OF BOARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt12EX OFFICIO BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt13DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt14DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt16EX OFFICIO BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt17DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt18DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt19DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTTDC RENT INCOME TO CHAMBER 2,400BANNER AD 25
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY COLLEGE SCHOLARSHIPS RADFORD UNIVERSITY GRANTEE CALEIGH CHAFFIN STREET LOCAL CITY, STATE, ZIP FLOYD, VA 24091RELATIONSHIP STUDENT AT FCHS AMOUNT 500ACTIVITY COLLEGE SCHOLARSHIP AT NRCC GRANTEE MITCHELL COX STREET LOCAL CITY, STATE, ZIP FLOYD, VA 24091RELATIONSHIP STUDENT AT FCHS AMOUNT 500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION AMOUNTADVERTISING 353SCC BUS REGIS ACCT 25CHAMBER SPECIAL EVENT EXP 2,158CHAMBER BANK AND MEMBERSHIP FEES 635CHAMBER MEETING EXP 55SPECIAL MAP PROJECT 195TDC MARKETING EXPENSE 8,004
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION AMOUNTROUNDING 1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CATEGORY BEGINNING OF YEAR END OF YEARSECURITY DEPOSIT 600 600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CATEGORY BEGINNING OF YEAR END OF YEARCHAMBER CC 71 517TDC PAYROLL 1,092 0CHAMBER PAYROLL SALES TAX 776 116UNEARNED REVENUE 6,050 10,400LOAN 15000 COVID 0 15,000PPP AND MCENHILL LOANS 16,800 0
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other expenses Part I line 16
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Description of total liabilities Part II line 26
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