Civic Intelligence

Calhoun County Chamber of Commerce Inc

990 • Fiscal year 2017 • EIN 63-0039375

Jan 01, 2017 to Dec 31, 2017 • Filed on May 24, 2018

PO Box 1087Anniston, AL 36202

(256) 237-3536

Siviq Scores

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

Liabilities / Assets

19th percentile

0.01x

Higher debt load relative to assets than 19% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

20th percentile

0.02x

Higher debt load relative to revenue than 20% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Net Margin

94th percentile

34%

Higher net margin than 94% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

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

2017 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2017

Asset Growth

19th percentile

-4.6%

Faster asset growth than 19% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

70th percentile

9.9%

Faster revenue growth than 70% of similar nonprofits.

2017 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,140,525

Down $54,820 (-4.6%) from 2016

Net Assets

Up

$1,125,754

Up $230,052 (+26%) from 2016

Liabilities

Down

$14,771

Down $284,872 (-95%) from 2016

Revenue

Up

$670,067

Up $60,515 (+9.9%) from 2016

Expenses

Down

$440,015

Down $40,833 (-8.5%) from 2016

Net Income

Up

$230,052

Up $101,348 (+79%) from 2016

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,055,651Liabilities 2010: $710,416Net Assets 2010: $345,2352010Assets 2011: $1,006,297Liabilities 2011: $704,482Net Assets 2011: $301,8152011Assets 2012: $1,075,403Liabilities 2012: $671,122Net Assets 2012: $404,2812012Assets 2013: $1,168,638Liabilities 2013: $618,630Net Assets 2013: $550,0082013Assets 2014: $1,241,692Liabilities 2014: $621,308Net Assets 2014: $620,3842014Assets 2015: $1,204,195Liabilities 2015: $437,197Net Assets 2015: $766,9982015Assets 2016: $1,195,345Liabilities 2016: $299,643Net Assets 2016: $895,7022016Assets 2017: $1,140,525Liabilities 2017: $14,771Net Assets 2017: $1,125,7542017Assets 2018: $1,276,807Liabilities 2018: $22,388Net Assets 2018: $1,254,4192018Assets 2019: $1,394,889Liabilities 2019: $48,628Net Assets 2019: $1,346,2612019Assets 2020: $1,484,079Liabilities 2020: $25,186Net Assets 2020: $1,458,8932020Assets 2021: $1,617,670Liabilities 2021: $160,937Net Assets 2021: $1,456,7332021Assets 2022: $1,682,966Liabilities 2022: $134,331Net Assets 2022: $1,548,6352022Assets 2023: $1,797,091Liabilities 2023: $134,768Net Assets 2023: $1,662,3232023Assets 2024: $1,859,274Liabilities 2024: $138,683Net Assets 2024: $1,720,5912024

Highlighted filing

2017

Assets$1,140,525
Liabilities$14,771
Net Assets$1,125,754

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2010: $663,4122010Revenue 2011: $459,924Expenses 2011: $503,344Net Income 2011: -$43,4202011Expenses 2012: $444,1892012Revenue 2013: $653,519Expenses 2013: $507,793Net Income 2013: $145,7262013Revenue 2014: $547,389Expenses 2014: $477,013Net Income 2014: $70,3762014Revenue 2015: $623,816Expenses 2015: $477,202Net Income 2015: $146,6142015Revenue 2016: $609,552Expenses 2016: $480,848Net Income 2016: $128,7042016Revenue 2017: $670,067Expenses 2017: $440,015Net Income 2017: $230,0522017Revenue 2018: $586,429Expenses 2018: $457,764Net Income 2018: $128,6652018Revenue 2019: $615,159Expenses 2019: $523,317Net Income 2019: $91,8422019Revenue 2020: $516,567Expenses 2020: $403,935Net Income 2020: $112,6322020Revenue 2021: $611,745Expenses 2021: $479,480Net Income 2021: $132,2652021Revenue 2022: $622,867Expenses 2022: $530,965Net Income 2022: $91,9022022Revenue 2023: $672,384Expenses 2023: $558,696Net Income 2023: $113,6882023Revenue 2024: $633,690Expenses 2024: $575,422Net Income 2024: $58,2682024

Highlighted filing

2017

Revenue$670,067
Expenses$440,015
Net Income$230,052
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 24, 2018
Return Version
2017v2.3
Gross Receipts
$670,067
Mission and Program Overview

Mission

Promotion of the economic development of calhoun county, alabama

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$840,101$812,215▼ $27,886
Cash and Non-Interest-Bearing Accounts$335,629$244,404▼ $91,225
Accounts Receivable$15,212$57,120▲ $41,908
Intangible Assets$4,403--
Total Assets$1,195,345$1,140,525▼ $54,820
Other Assets Total-$26,786-
Liabilities
Mortgage Notes Payable Secured by Investment Property$255,791--
Other Liabilities$11,098$7,126▼ $3,972
Deferred Revenue$16,779$4,701▼ $12,078
Accounts Payable and Accrued Expenses$15,975$2,944▼ $13,031
Total Liabilities$299,643$14,771▼ $284,872
Net Assets / Fund Balance
Unrestricted Net Assets$895,702$1,125,754▲ $230,052
Total Net Assets Fund Balance$895,702$1,125,754▲ $230,052
Total Liabilities and Net Assets / Fund Balance$1,195,345$1,140,525▼ $54,820

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$512,215$574,778$1,086,993
Land$300,000-$300,000
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$445,699
Program Service Revenue
$181,792
Investment Income
$45
Other Revenue
$42,531
Change in Net Assets
$230,052

Audited Revenue Reconciliation

Revenue per Audited Statements
$670,067
Total Revenue per Audited Statements
$670,067
Total Revenue per Form 990
$670,067
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$249,882
Salaries, Compensation, and Employee Benefits$190,133
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$15,000$138,276-$153,276
Conferences and Meetings$101,194--$101,194
Depreciation Depletion-$32,949-$32,949
Occupancy-$24,929-$24,929
Other Employee Benefits-$23,891-$23,891
Fees for Services Accounting-$17,233-$17,233
Payroll Taxes-$12,966-$12,966
All Other Expenses$4,393$7,959-$12,352
Office Expenses-$11,382-$11,382
Other Expenses-$7,455-$7,455
Interest-$6,868-$6,868
Insurance-$6,597-$6,597
Travel-$1,197-$1,197
Total Functional Expenses$120,587$319,428$0$440,015

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$440,015
Total Expenses per Audited Statements$440,015
Total Expenses per Form 990$440,015
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Compensation$5,068
Payroll Withholding Liability$2,058
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The 990 is reviewed and approved by the chamber president and board of directors before submission.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy is enforced by the board of directors

Form 990, Page 6, Part VI, Line 15A

Management compensation is determined by the board and is comparable to similar positions in the area.

Form 990, Page 6, Part VI, Line 15B

Other officers and key employees compensation is determined by the board of directors.

Form 990, Page 6, Part VI, Line 19

Governing documents are available upon request

Filing and Contact Details

Filer

Filer Name
Calhoun County Chamber of
EIN
63-0039375
Phone
2562373536
Address
PO BOX 1087, ANNISTON, AL 36202

Signing Officer

Name
Rod Nowlin
Title
Chairman
Phone
2562373536
Signed
2018-05-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rod Nowlin
Formed
1978
Legal Domicile
Al
Voting Board Members
33
Independent Board Members
33
Employees
7

Preparer

Firm
Gerald G Pentecost Jr CPA
Address
116 CHURCH ST STE 1, RAINBOW CITY, AL 35906
Preparer
Gerald G Pentecost Jr CPA
Phone
2564594310
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Promotion of the economic development of calhoun county, alabama by providing information about the county and by promoting tourism and economic development

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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.86$0.14$1.72$0.63$0.58$0.06
2023Detailed filing. Detailed filing data is available for this year.$1.80$0.13$1.66$0.67$0.56$0.11
2022Detailed filing. Detailed filing data is available for this year.$1.68$0.13$1.55$0.62$0.53$0.09
2021Detailed filing. Detailed filing data is available for this year.$1.62$0.16$1.46$0.61$0.48$0.13
2020Detailed filing. Detailed filing data is available for this year.$1.48$0.03$1.46$0.52$0.40$0.11
2019Detailed filing. Detailed filing data is available for this year.$1.39$0.05$1.35$0.62$0.52$0.09
2018Detailed filing. Detailed filing data is available for this year.$1.28$0.02$1.25$0.59$0.46$0.13
2017Detailed filing. Detailed filing data is available for this year.$1.14$0.01$1.13$0.67$0.44$0.23
2016Detailed filing. Detailed filing data is available for this year.$1.20$0.30$0.90$0.61$0.48$0.13
2015Detailed filing. Detailed filing data is available for this year.$1.20$0.44$0.77$0.62$0.48$0.15
2014Detailed filing. Detailed filing data is available for this year.$1.24$0.62$0.62$0.55$0.48$0.07
2013Detailed filing. Detailed filing data is available for this year.$1.17$0.62$0.55$0.65$0.51$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.08$0.67$0.40$0.44
2011Summary only. Only limited summary data is available for this year.$1.01$0.70$0.30$0.46$0.50$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.71$0.35$0.66