Civic Intelligence

Cherokee County Chamber of Commerce

EIN 58-1090796 • 501(c)6 • Canton, GA

Profile

Advancing the economic, individual, professional and civic welfare of the county

PO Box 4998Canton, GA 30114

www.cherokeechamber.com

Siviq Scores

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

Liabilities / Assets

87th percentile

0.45x

Higher debt load relative to assets than 87% of similar nonprofits.

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

Liabilities / Revenue

84th percentile

0.35x

Higher debt load relative to revenue than 84% of similar nonprofits.

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

Net Margin

22nd percentile

-6.3%

Higher net margin than 22% of similar nonprofits.

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

Top Officer Pay

90th percentile

$167,638

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 17.6% of source-year revenue.

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

Asset Growth

25th percentile

-6.3%

Faster asset growth than 25% of similar nonprofits.

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

Revenue Growth

47th percentile

4.0%

Faster revenue growth than 47% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets87th percentile

Assets

Down

$743,998

Down $49,775 (-6.3%) from 2023

Liabilities

Up

$335,185

Up $10,397 (+3.2%) from 2023

Net Assets

Down

$408,813

Down $60,172 (-13%) from 2023

Operations
Liabilities / Revenue84th percentileNet Margin22nd percentile

Revenue

Up

$953,387

Up $36,760 (+4.0%) from 2023

Expenses

Up

$1,013,559

Up $108,027 (+12%) from 2023

Net Income

Down

-$60,172

Down $71,267 (-642%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth25th percentile

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

$1.0M$500K$0Assets 2011: $711,353Liabilities 2011: $185,220Net Assets 2011: $526,1332011Assets 2012: $638,320Liabilities 2012: $159,331Net Assets 2012: $478,9892012Assets 2013: $601,727Liabilities 2013: $136,800Net Assets 2013: $464,9272013Assets 2014: $658,493Liabilities 2014: $152,009Net Assets 2014: $506,4842014Assets 2015: $642,180Liabilities 2015: $106,820Net Assets 2015: $535,3602015Assets 2016: $775,861Liabilities 2016: $235,644Net Assets 2016: $540,2172016Assets 2017: $730,773Liabilities 2017: $180,134Net Assets 2017: $550,6392017Assets 2018: $750,712Liabilities 2018: $199,041Net Assets 2018: $551,6712018Assets 2019: $737,040Liabilities 2019: $350,308Net Assets 2019: $386,7322019Assets 2020: $702,230Liabilities 2020: $335,275Net Assets 2020: $366,9552020Assets 2021: $785,922Liabilities 2021: $306,817Net Assets 2021: $479,1052021Assets 2022: $816,940Liabilities 2022: $359,050Net Assets 2022: $457,8902022Assets 2023: $793,773Liabilities 2023: $324,788Net Assets 2023: $468,9852023Assets 2024: $743,998Liabilities 2024: $335,185Net Assets 2024: $408,8132024

Highlighted filing

2024

Assets$743,998
Liabilities$335,185
Net Assets$408,813
Open 2024 Filing

Operations Trend

Revenue Growth47th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $766,697Expenses 2011: $819,747Net Income 2011: -$53,0502011Revenue 2012: $678,141Expenses 2012: $727,785Net Income 2012: -$49,6442012Revenue 2013: $679,113Expenses 2013: $693,175Net Income 2013: -$14,0622013Revenue 2014: $706,721Expenses 2014: $665,162Net Income 2014: $41,5592014Revenue 2015: $734,673Expenses 2015: $705,797Net Income 2015: $28,8762015Revenue 2016: $749,248Expenses 2016: $744,391Net Income 2016: $4,8572016Revenue 2017: $764,318Expenses 2017: $753,896Net Income 2017: $10,4222017Revenue 2018: $813,574Expenses 2018: $812,542Net Income 2018: $1,0322018Revenue 2019: $848,186Expenses 2019: $850,232Net Income 2019: -$2,0462019Revenue 2020: $687,459Expenses 2020: $707,236Net Income 2020: -$19,7772020Revenue 2021: $849,071Expenses 2021: $736,921Net Income 2021: $112,1502021Revenue 2022: $841,143Expenses 2022: $862,358Net Income 2022: -$21,2152022Revenue 2023: $916,627Expenses 2023: $905,532Net Income 2023: $11,0952023Revenue 2024: $953,387Expenses 2024: $1,013,559Net Income 2024: -$60,1722024

Highlighted filing

2024

Revenue$953,387
Expenses$1,013,559
Net Income-$60,172
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$743,998
Liabilities
$335,185
Net assets
$408,813
Revenue
$953,387
Expenses
$1,013,559
Net income
-$60,172
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.74$0.34$0.41$0.95$1.01$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.79$0.32$0.47$0.92$0.91$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.82$0.36$0.46$0.84$0.86$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.79$0.31$0.48$0.85$0.74$0.11
2020Detailed filing. Detailed filing data is available for this year.$0.70$0.34$0.37$0.69$0.71$0.02
2019Summary only. Only limited summary data is available for this year.$0.74$0.35$0.39$0.85$0.85$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.75$0.20$0.55$0.81$0.81$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.73$0.18$0.55$0.76$0.75$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.78$0.24$0.54$0.75$0.74$0.00
2015Summary only. Only limited summary data is available for this year.$0.64$0.11$0.54$0.73$0.71$0.03
2014Summary only. Only limited summary data is available for this year.$0.66$0.15$0.51$0.71$0.67$0.04
2013Summary only. Only limited summary data is available for this year.$0.60$0.14$0.46$0.68$0.69$0.01
2012Summary only. Only limited summary data is available for this year.$0.64$0.16$0.48$0.68$0.73$0.05
2011Summary only. Only limited summary data is available for this year.$0.71$0.19$0.53$0.77$0.82$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 3, 2025
Return Version
2024v5.2
Gross Receipts
$953,387
Mission and Program Overview

Mission

ADVANCING THE ECONOMIC,

Advancing the economic, individual, professional and civic welfare of the County

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$450,703--
Cash and Non-Interest-Bearing Accounts$3,760$449,184▲ $445,424
Land, Buildings, and Equipment, Net$305,727$267,494▼ $38,233
Accounts Receivable$30,529$22,138▼ $8,391
Prepaid Expenses and Deferred Charges$3,054$5,182▲ $2,128
Total Assets$793,773$743,998▼ $49,775
Liabilities
Deferred Revenue$239,470$262,231▲ $22,761
Mortgage Notes Payable Secured by Investment Property$78,488$53,950▼ $24,538
Accounts Payable and Accrued Expenses$6,830$19,004▲ $12,174
Total Liabilities$324,788$335,185▲ $10,397
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$468,985$408,813▼ $60,172
Total Net Assets Fund Balance$468,985$408,813▼ $60,172
Total Liabilities and Net Assets / Fund Balance$793,773$743,998▼ $49,775

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$44,252$1,107,419-
Other Land Buildings$4,050--
Land$15,850--
Equipment$203,342--
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Pamela W CarnesPresident & CEOPT$167,638$167,638
Pamela W Carnes--$167,638$167,638

Board Members and Trustees

NameTitle
Eric ReinChair
Neil BlackmanChair-Elect
Trey RagsdaleImmediate Past Chair
Anna TealBoard Member
Armetrice CabineBoard Member
Brett TimmerBoard Member
David SimmonsBoard Member
Debra WilliamsBoard Member
Duane JonesBoard Member
Jennifer StanleyBoard Member
Kendall JonesBoard Member
Lori FlinkBoard Member
Mark GoddardBoard Member
Michelle MeekBoard Member
S Jeffery RusbridgeBoard Member
Shelia KeeffeBoard Member
Stephanie VillasenorBoard Member
Tracey SatterfieldBoard Member
Vic KnightBoard Member
Jay StreetVC - Business & Economic Stability
Sherry Lowe-CookeVC - Community Relations
Debbie UnderkofflerVC - Member Services
Revenue and Support

Revenue Composition

Contributions and Grants
$494,306
Program Service Revenue
$456,081
Investment Income
$0
Other Revenue
$3,000
All Other Contributions
$39,283
Change in Net Assets
$-60,172

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table11$39,283Fair Market Value (FMV)
Total Noncash Contributions11$39,283-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$595,948
Other Expenses$417,611
Total Fundraising Expense$100,398
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$144,139$144,139$39,311$327,589
All Other Expenses$166,970$25,343$18,262$210,575
Current Officers, Directors, Trustees, and Key Employees$73,761$73,761$20,116$167,638
Depreciation Depletion$24,539$24,539$6,692$55,770
Other Employee Benefits$21,019$21,019$5,733$47,771
Payroll Taxes$17,260$17,260$4,707$39,227
Conferences and Meetings$13,262$6,379$0$19,641
Pension Plan Contributions$6,038$6,038$1,647$13,723
Occupancy$5,730$5,730$1,563$13,023
Fees for Services Accounting$0$12,775$0$12,775
Information Technology$9,832$2,276$607$12,715
Insurance$3,584$3,584$977$8,145
Other Expenses$2,500$2,467$0$4,967
Travel$2,992$517$141$3,650
Office Expenses$1,454$1,454$397$3,305
Interest$897$897$245$2,039
Total Functional Expenses$564,983$348,178$100,398$1,013,559
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Cherokee County Chamber of Commerce
EIN
58-1090796
Phone
7703450400
Address
PO Box 4998, Canton, GA 30114

Signing Officer

Name
Eric Rein
Title
Immediate Past Chair
Phone
7703450400
Signed
2025-11-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Pam Carnes
Formed
1970
Legal Domicile
Ga
Voting Board Members
24
Independent Board Members
24
Employees
10
Volunteers
10

Preparer

Firm
Rl Jennings and Associates Pc
Address
506 E 3rd St, Rome, GA 30161
Preparer
Richard L Jennings
Phone
7068021945
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“Returns are reviewed and approved by the Finance Committee”

Pt VI, Line 15B

“The performance of the President & CEO of the Chamber is reveiwed annually by the Organizations six person Executive Commitee. This evaluation process also includes salary determination for the upcoming year. The salary is based upon performance along with comparison to chambers of like size as researched by the Ga Assoication of Chamber of Commerce Executives.”

Form 990, Part IX, Line 24E

“Events and services 141536. 130118. 11418.”

Form 990, Part IX, Line 24E

“Property taxes 10695. 4706. 4706. 1283.”

Form 990, Part IX, Line 24E

“Miscellaneous 406. 74. 314. 18.”

Form 990, Part IX, Line 24E

“Postage 2202. 969. 969. 264.”

Form 990, Part IX, Line 24E

“Printing 1871. 823. 823. 225.”

Form 990, Part IX, Line 24E

“Credit card fees 11749. 11749.”

Form 990, Part IX, Line 24E

“Copier lease 277. 122. 122. 33.”

Form 990, Part IX, Line 24E

“Repairs & maintenance 29139. 12821. 12821. 3497.”

Form 990, Part IX, Line 24E

“Telephone 10798. 4751. 4751. 1296.”

Form 990, Part IX, Line 24E

“Vehicle expense 1902. 837. 837. 228.”

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IRS990/Form990PartVIISectionAGrp/PersonNm4Brett Timmer
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IRS990/Form990PartVIISectionAGrp/PersonNm6Pamela W Carnes
IRS990/Form990PartVIISectionAGrp/PersonNm7Lori Flink
IRS990/Form990PartVIISectionAGrp/PersonNm8Mark Goddard
IRS990/Form990PartVIISectionAGrp/PersonNm9Armetrice Cabine
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IRS990/Form990PartVIISectionAGrp/PersonNm12David Simmons
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IRS990/Form990PartVIISectionAGrp/TitleTxt2Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Immediate Past Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt11Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt12Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt13Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt14Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt15Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt16Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt17VC - Business & Economic Stability
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IRS990/Form990PartVIISectionAGrp/TitleTxt19Board Member
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IRS990/Form990PartVIISectionAGrp/TitleTxt21Board Member
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IRS990/ProgSrvcAccomActy2Grp/Desc0Provide publications and servcies to advance the economic and industrial development of the County
IRS990/ProgSrvcAccomActy3Grp/Desc0Provide monthly meetings and socials to advance the professional and cultural welfare of the County
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