Civic Intelligence

Perdido Key Area Chamber of Commerce Inc

990 • Fiscal year 2024 • EIN 59-2993049

Jul 01, 2023 to Jun 30, 2024 • Filed on Nov 14, 2024

Organization Profilevisitperdido.com/perdido-key-chamber
15500 Perdido Key DrivePensacola, FL 32507

(850) 492-4660

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$153,928

Up $31,207 (+25%) from 2023

Net Assets

Up

$153,928

Up $31,207 (+25%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue And Expenses

Revenue

Up

$279,312

Up $26,422 (+10%) from 2023

Expenses

Up

$256,016

Up $10,352 (+4.2%) from 2023

Net Income

Up

$23,296

Up $16,070 (+222%) from 2023

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2017: $229,192Liabilities 2017: $135Net Assets 2017: $229,0572017Assets 2018: $196,422Liabilities 2018: $3Net Assets 2018: $196,4192018Assets 2019: $250,687Liabilities 2019: $49,762Net Assets 2019: $200,9252019Assets 2020: $161,887Liabilities 2020: $72,928Net Assets 2020: $88,9592020Assets 2021: $169,215Liabilities 2021: $11Net Assets 2021: $169,2042021Assets 2022: $120,803Liabilities 2022: $0Net Assets 2022: $120,8032022Assets 2023: $122,721Liabilities 2023: $0Net Assets 2023: $122,7212023Assets 2024: $153,928Liabilities 2024: $0Net Assets 2024: $153,9282024Assets 2024: $197,523Liabilities 2024: $0Net Assets 2024: $197,5232024

Highlighted filing

2024

Assets$153,928
Liabilities$0
Net Assets$153,928
Open 2024 Filing

Operations Trend

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

$400K$200K$0-$200KRevenue 2017: $225,123Expenses 2017: $269,696Net Income 2017: -$44,5732017Revenue 2018: $201,862Expenses 2018: $234,500Net Income 2018: -$32,6382018Revenue 2019: $295,637Expenses 2019: $296,218Net Income 2019: -$5812019Revenue 2020: $173,603Expenses 2020: $285,569Net Income 2020: -$111,9662020Revenue 2021: $191,540Expenses 2021: $203,559Net Income 2021: -$12,0192021Revenue 2022: $222,734Expenses 2022: $266,134Net Income 2022: -$43,4002022Revenue 2023: $252,890Expenses 2023: $245,664Net Income 2023: $7,2262023Revenue 2024: $279,312Expenses 2024: $256,016Net Income 2024: $23,2962024Revenue 2024: $301,744Expenses 2024: $267,049Net Income 2024: $34,6952024

Highlighted filing

2024

Revenue$279,312
Expenses$256,016
Net Income$23,296
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 14, 2024
Return Version
2023v5.1
Gross Receipts
$279,312
Mission and Program Overview

Mission

Promote progressive leadership in commerce for a dynamic and prosperous community in the perdido area. The perdido key area chamber of commerce is dedicated to endorse the perdido areas growth of regional businesses and community prosperity through advocacy, leadership, economic development, education and associations across state lines.

Working together with local businesses to build a healthy economy and improve the quality of life in the community

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$96,080$119,813▲ $23,733
Rtn Earn Endowment Incm Other Fnds$56,606$81,003▲ $24,397
Cap Stk Tr Prin Current Funds$72,925$72,925→ $0
Savings and Temporary Cash Investments$33,451$34,115▲ $664
Total Assets$129,531$153,928▲ $24,397
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$129,531$153,928▲ $24,397
Total Liabilities and Net Assets / Fund Balance$129,531$153,928▲ $24,397

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$95,068-
Equipment-$34,630-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Tammy ThurowPresidentFT$52,000$52,000
Mark RahmlowAssistantFT$36,000$36,000
Madelyn BellMembership ManagerPT$20,096$20,096
Lori RaischEvent CoordinatorPT$8,477$8,477
Revenue and Support

Revenue Composition

Contributions and Grants
$198,524
Program Service Revenue
$79,133
Investment Income
$1,655
Other Revenue
$0
All Other Contributions
$275
Change in Net Assets
$23,296
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$148,169
Other Expenses$107,847
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$137,232--$137,232
Advertising$35,812--$35,812
Office Expenses$16,179--$16,179
Payroll Taxes$10,937--$10,937
Information Technology$8,709--$8,709
Other Expenses$4,775--$4,775
Insurance$4,636--$4,636
Travel$2,011--$2,011
Fees for Services Accounting$1,615--$1,615
Total Functional Expenses$256,016$0$0$256,016
Fundraising, Events, and Gaming
Fundraising activities
Yes
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
Lobbying activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
Yes
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

Governance Explanations

Part VI Line 11B

“President/CEO and designated Board Member reviews before signing.”

Part VI Line 19

“Records are made available as required upon direct request to”

Part VI Line 19

“the President/CEO.”

Filing and Contact Details

Filer

Filer Name
Perdido Key Area Chamber of Commerce
EIN
59-2993049
In Care Of
% Tammy Thurow
Phone
8504924660
Address
15500 Perdido Key Drive, Pensacola, FL 32507

Signing Officer

Name
Tammy Thurow
Title
PresidentCEO
Phone
8504924660
Signed
2024-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tammy Thurow
Formed
1983
Legal Domicile
Fl
Voting Board Members
15
Independent Board Members
15
Employees
5
Volunteers
4

Preparer

Firm
G Arthur Leary Jr CPA
Address
362 GULF BREEZE PKWY, Suite 108, GULF BREEZE, FL 32561
Preparer
Gene a Leary Jr CPA
Phone
8508608876
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ReturnHeader/TaxYr02023

Document Assets

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Filings

Displayed year

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

Open filing
Assets
$153,928
Liabilities
$0
Net assets
$153,928
Revenue
$279,312
Expenses
$256,016
Net income
$23,296
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.98$0.00$1.98$3.02$2.67$0.35
2024Detailed filing. Detailed filing data is available for this year.$1.54$0.00$1.54$2.79$2.56$0.23
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.23$0.00$1.23$2.53$2.46$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$2.23$2.66$0.43
2021Detailed filing. Detailed filing data is available for this year.$1.69$0.00$1.69$1.92$2.04$0.12
2020Detailed filing. Detailed filing data is available for this year.$1.62$0.73$0.89$1.74$2.86$1.12
2019Detailed filing. Detailed filing data is available for this year.$2.51$0.50$2.01$2.96$2.96$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.96$0.00$1.96$2.02$2.35$0.33
2017Detailed filing. Detailed filing data is available for this year.$2.29$0.00$2.29$2.25$2.70$0.45