Anderson County Chamber of Commerce Inc

“The Chambers members are businessess and/or individuals that have an interest in the objectives of the Chamber who have applied for membership and are approved by the Executive Committee. Each member shall be entitled to cast one vote in the selection of Board Members.”

“The members vote for the individual board members.”

“No committee of the Chamber Board has authority to act on behalf of the governing body.”

“The following process was followed by the Chamber to review the Form 990. The completed Form 990 was reviewed by the President and the Financial Director. After the 990 draft was reviewed by the aforementioned persons, the President then signed Form 8879EO to authorize the return preparer to E-File it.”

“The Chambers process to regularly monitor and enforce the Conflict of Interest policy is to review with the Board of Directors, annually at orientation before the beginning of the fiscal year. During the year, the Policy is followed with respect to disclosing any potential or perceived conflicts of interest. At the end of the fiscal year, each Board member completes the policys questionnaire acknowledging any conflict of interest. The Chambers compliance with the Conflict of Interest policy is as follows. The Board reviews the Policy annually at orientation before the beginning of the fiscal year. At any time during the year, if any one has a perceived or potential conflict of interest that interested person will disclose that fact and the Chamber follows its Policy. At the end of the year each Board of Directors member completes the Chambers Conflict of Interest questionnaire.”

“The Chamber determines the executive compensation by the Board of Directors Executive Committee annually reviewing the Policy of compensation. The Executive Committee of the Board of Directors follows the policy and reviews compensation. The Presidents compensation is reviewed and approved by the Board of Directors. His compensation is adjusted based upon the number of new members, profitability of events and other factors.”

“The Board of Directors reviews the Policy annually at orientation. The Presidents and all other staffs compensation is in the annual budget, which is reviewed and approved by the Board of Directors before the fiscal year begins.”

“The Chamber files the required 990 annually with the IRS. Governing documents, policies and financial statements are available to the public upon request. Guide Star Organization will display the filed 990 on its website after the IRS forwards it to Guide Star.”

“The other expenses of Line 24e are donations to the related organization Anderson County Chamber of Commerce Foundation.”

“Page 1, Part I Summary, Line 6 - For the year 2024, an estimated 18 volunteered through the Board of Directors, Christmas Parade, & Ex-Officios, Ambassadors, Business Development Committee, Annual Business & Awards Luncheon, Government Relations Committee, Small Business Seminars.”