Civic Intelligence

Cherokee County Chamber of Commerce Inc

990EZ • Fiscal year 2016 • EIN 56-0623893

Jan 01, 2016 to Dec 31, 2016 • Filed on Feb 06, 2017

Organization ProfileWWW.CHEROKEECOUNTYCHAMBER
805 West US 64Murphy, NC 28906

(828) 837-2242

Siviq Scores

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

Liabilities / Assets

46th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

46th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

13th percentile

-19%

Higher net margin than 13% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

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

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Asset Growth

21st percentile

-14%

Faster asset growth than 21% of similar nonprofits.

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

Revenue Growth

68th percentile

10.0%

Faster revenue growth than 68% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets46th percentile

Assets

Down

$107,366

Down $18,141 (-14%) from 2015

Net Assets

Down

$107,366

Down $15,573 (-13%) from 2015

Liabilities

Down

$0

Down $2,568 (-100%) from 2015

Revenue And Expenses
Liabilities / Revenue46th percentileNet Margin13th percentile

Revenue

Up

$81,576

Up $7,407 (+10.0%) from 2015

Expenses

Down

$97,149

Down $10,261 (-9.6%) from 2015

Net Income

Up

-$15,573

Up $17,668 (+53%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

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

$400K$300K$200K$100K$0Assets 2010: $196,806Liabilities 2010: $1,336Net Assets 2010: $195,4702010Assets 2011: $148,533Liabilities 2011: $0Net Assets 2011: $148,5332011Assets 2012: $192,588Liabilities 2012: $0Net Assets 2012: $192,5882012Assets 2013: $183,883Liabilities 2013: $95Net Assets 2013: $183,7882013Assets 2014: $156,734Liabilities 2014: $554Net Assets 2014: $156,1802014Assets 2015: $125,507Liabilities 2015: $2,568Net Assets 2015: $122,9392015Assets 2016: $107,366Liabilities 2016: $0Net Assets 2016: $107,3662016Assets 2017: $87,632Liabilities 2017: $0Net Assets 2017: $87,6322017Assets 2018: $125,443Liabilities 2018: $0Net Assets 2018: $125,4432018Assets 2019: $181,444Liabilities 2019: $0Net Assets 2019: $181,4442019Assets 2020: $203,056Liabilities 2020: $0Net Assets 2020: $203,0562020Assets 2021: $247,642Liabilities 2021: $0Net Assets 2021: $247,6422021Assets 2022: $376,906Liabilities 2022: $0Net Assets 2022: $376,9062022Assets 2023: $390,200Liabilities 2023: $142,893Net Assets 2023: $247,3072023Assets 2024: $357,283Liabilities 2024: $135,642Net Assets 2024: $221,6412024

Highlighted filing

2016

Assets$107,366
Liabilities$0
Net Assets$107,366
Open 2016 Filing

Operations Trend

Revenue Growth68th percentile

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

$300K$200K$100K$0-$100KRevenue 2010: $167,213Expenses 2010: $182,119Net Income 2010: -$14,9062010Revenue 2011: $129,104Expenses 2011: $176,041Net Income 2011: -$46,9372011Revenue 2012: $127,568Expenses 2012: $83,513Net Income 2012: $44,0552012Revenue 2013: $85,983Expenses 2013: $94,783Net Income 2013: -$8,8002013Revenue 2014: $76,840Expenses 2014: $104,448Net Income 2014: -$27,6082014Revenue 2015: $74,169Expenses 2015: $107,410Net Income 2015: -$33,2412015Revenue 2016: $81,576Expenses 2016: $97,149Net Income 2016: -$15,5732016Revenue 2017: $93,016Expenses 2017: $112,750Net Income 2017: -$19,7342017Revenue 2018: $138,840Expenses 2018: $101,029Net Income 2018: $37,8112018Revenue 2019: $179,797Expenses 2019: $123,796Net Income 2019: $56,0012019Revenue 2020: $134,848Expenses 2020: $113,236Net Income 2020: $21,6122020Revenue 2021: $150,583Expenses 2021: $105,997Net Income 2021: $44,5862021Revenue 2022: $202,594Expenses 2022: $180,055Net Income 2022: $22,5392022Revenue 2023: $192,077Expenses 2023: $211,692Net Income 2023: -$19,6152023Revenue 2024: $198,784Expenses 2024: $224,450Net Income 2024: -$25,6662024

Highlighted filing

2016

Revenue$81,576
Expenses$97,149
Net Income-$15,573
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Feb 6, 2017
Return Version
2016v3.0
Gross Receipts
$90,333
Mission and Program Overview

Mission

To promote industry and tourism

Program Services

DescriptionGrantsExpenses
TO PROMOTE INDUSTRY AND TOURISM-$101,411
Compensation and Service Providers
Top Officer Pay69th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KEVENNIE WESTMORELANDTreasurer-$0--
PAM DICKEYSecretary-$0--
JODI ALVERSONDirector-$0--
STEVEN AFTDirector-$0--
BRIAN SMITHPresident-$0--
JAN DAVIDSONDirector-$0--
MERIDITH JORGENSONExecutive DirectorFT$0--
KATHRYN JENKINSDirector-$0--
LARRY KERNEADirector-$0--
LINDA MCGUIREDirector-$0--
BILLY ROLANDDirector-$0--
BILL MOOREVice President-$0--
JEREMIAH SMITHDirector-$0--
PAUL WESTMORELANDDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Kickin Aspha$10,290$10,290$2,981$7,309
Golf Tourney$7,785$7,785$2,904$4,881
Total Events$29,695$29,695$8,344$21,351
Filing and Contact Details

Filer

Filer Name
Cherokee County Chamber of Commerce
EIN
56-0623893
Address
805 WEST US 64, MURPHY, NC 28906

Signing Officer

Name
Meridith Jorgenson
Title
Executive Direc
Phone
8288372242
Signed
2017-02-06
Discuss with paid preparer
Yes

Preparer

Firm
TURNER & COMPANY CPAs PA
Address
31 PEACHTREE ST, Murphy, NC 28906
Preparer
Donna E Hills CPA
Phone
8288378188
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description amountannual members meeting 4,885”

Description of other expenses Part I line 16

“Description amounthospitality 71insurance 4,047office supplies & maint 1,338website maintenance 210telephone & internet 3,107hosted meetings 232dues & subscriptions 162computer supplies & maintenance 186members annual meeting 4,099meetings & travel 383chambermaster subscription 2,508bank service charges 355advertising & marketing 1,017”

Description of other assets Part II line 24

“Category beginning of year end of yearother depreciable assets 6,601 0inventory 1,625 1,212”

Description of total liabilities Part II line 26

“Category beginning of year end of yearpayroll tax liability 2,568 0”

Raw XML Appendix215 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
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CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt0ANNUAL SALARY
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0MERIDITH JORGENSON
IRS990EZ/BooksInCareOfDetail/PhoneNum08288372242
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MURPHY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KEVENNIE WESTMORELAND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PAM DICKEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JODI ALVERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3STEVEN AFT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4BRIAN SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5JAN DAVIDSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6MERIDITH JORGENSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7KATHRYN JENKINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8LARRY KERNEA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9LINDA MCGUIRE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10BILLY ROLAND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm11BILL MOORE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm12JEREMIAH SMITH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm13PAUL WESTMORELAND
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6EXECUTIVE DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt12DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt13DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
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IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt08226
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01212
IRS990EZ/OtherExpensesTotalAmt017715
IRS990EZ/OtherRevenueTotalAmt04885
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE INDUSTRY AND TOURISM
IRS990EZ/PrintingPublicationsPostageAmt0676
IRS990EZ/ProgramServiceRevenueAmt0832
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IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
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IRS990EZ/SpecialEventsNetIncomeLossAmt021351
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IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02568
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt097149
IRS990EZ/TotalProgramServiceExpensesAmt0101411
IRS990EZ/TotalRevenueAmt081576
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.CHEROKEECOUNTYCHAMBER
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt08344
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNEY
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0KICKIN ASPHA
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt07785
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt010290
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt011620
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt029695
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt07785
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt010290
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt011620
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt029695
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt021351
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt02459
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt08344
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02904
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt02981
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/LicensedStatesCd0NC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION AMOUNTANNUAL MEMBERS MEETING 4,885
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTHOSPITALITY 71INSURANCE 4,047OFFICE SUPPLIES & MAINT 1,338WEBSITE MAINTENANCE 210TELEPHONE & INTERNET 3,107HOSTED MEETINGS 232DUES & SUBSCRIPTIONS 162COMPUTER SUPPLIES & MAINTENANCE 186MEMBERS ANNUAL MEETING 4,099MEETINGS & TRAVEL 383CHAMBERMASTER SUBSCRIPTION 2,508BANK SERVICE CHARGES 355ADVERTISING & MARKETING 1,017
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEAROTHER DEPRECIABLE ASSETS 6,601 0INVENTORY 1,625 1,212
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CATEGORY BEGINNING OF YEAR END OF YEARPAYROLL TAX LIABILITY 2,568 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Description of total liabilities Part II line 26
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MERIDITH JORGENSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIREC
ReturnHeader/BusinessOfficerGrp/PhoneNum08288372242
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHEROKEE COUNTY CHAMBER OF COMMERCE
ReturnHeader/Filer/BusinessNameControlTxt0CHER
ReturnHeader/Filer/EIN0560623893
ReturnHeader/Filer/USAddress/AddressLine1Txt0805 WEST US 64
ReturnHeader/Filer/USAddress/CityNm0MURPHY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028906
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId032073ECF595666ACD4920E4CABC31B7B58D5C319
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId032073ECF595666ACD4920E4CABC31B7B58D5C319
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId05611302017101mwmbvcc
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02017-04-11
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.55.164.98
ReturnHeader/FilingSecurityInformation/IPDt02017-04-11
ReturnHeader/FilingSecurityInformation/IPTm017:00:02
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561225077
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TURNER & COMPANY CPAs PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt031 PEACHTREE ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Murphy
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028906
ReturnHeader/PreparerPersonGrp/PhoneNum08288378188
ReturnHeader/PreparerPersonGrp/PreparationDt02017-04-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DONNA E HILLS CPA
ReturnHeader/ReturnTs02017-04-11T10:28:57-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$107,366
Liabilities
$0
Net assets
$107,366
Revenue
$81,576
Expenses
$97,149
Net income
-$15,573
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.57$1.36$2.22$1.99$2.24$0.26
2023Detailed filing. Detailed filing data is available for this year.$3.90$1.43$2.47$1.92$2.12$0.20
2022Detailed filing. Detailed filing data is available for this year.$3.77$0.00$3.77$2.03$1.80$0.23
2021Detailed filing. Detailed filing data is available for this year.$2.48$0.00$2.48$1.51$1.06$0.45
2020Detailed filing. Detailed filing data is available for this year.$2.03$0.00$2.03$1.35$1.13$0.22
2019Detailed filing. Detailed filing data is available for this year.$1.81$0.00$1.81$1.80$1.24$0.56
2018Detailed filing. Detailed filing data is available for this year.$1.25$0.00$1.25$1.39$1.01$0.38
2017Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$0.93$1.13$0.20
2016Detailed filing. Detailed filing data is available for this year.$1.07$0.00$1.07$0.82$0.97$0.16
2015Detailed filing. Detailed filing data is available for this year.$1.26$0.03$1.23$0.74$1.07$0.33
2014Detailed filing. Detailed filing data is available for this year.$1.57$0.01$1.56$0.77$1.04$0.28
2013Detailed filing. Detailed filing data is available for this year.$1.84$0.00$1.84$0.86$0.95$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.93$0.00$1.93$1.28$0.84$0.44
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.49$0.00$1.49$1.29$1.76$0.47
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.97$0.01$1.95$1.67$1.82$0.15