Civic Intelligence

MID-Atlantic Chamber of Commerce

EIN 81-1644273 • 501(c)6 • Mclean, VA

Profile

Mid -atlantic chamber of commerce inc macc is recognized as a pride generated, member driven organization including all segments of the community and surrounding district, working together as a cooperative unit to achieve common goals.

7921 JONES BRANCH DRIVE Room 250Mclean, VA 22102

www.midatlanticchamber.us

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

51st percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2017

Net Margin

21st percentile

-21%

Higher net margin than 21% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2017

Top Officer Pay

86th percentile

$36,400

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 46.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2017

Asset Growth

15th percentile

-45%

Faster asset growth than 15% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

29th percentile

-16%

Faster revenue growth than 29% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets49th percentile

Assets

Down

$20,261

Down $16,880 (-45%) from 2016

Liabilities

Flat

$0

Flat from 2016

Net Assets

Down

$20,261

Down $16,880 (-45%) from 2016

Operations
Liabilities / Revenue51st percentileNet Margin21st percentile

Revenue

Down

$79,170

Down $14,881 (-16%) from 2016

Expenses

Up

$96,050

Up $39,786 (+71%) from 2016

Net Income

Down

-$16,880

Down $54,667 (-145%) from 2016

Trend Graphs

Balance Sheet Trend

Asset Growth15th percentile

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

$40K$30K$20K$10K$0Assets 2016: $37,141Liabilities 2016: $0Net Assets 2016: $37,1412016Assets 2017: $20,261Liabilities 2017: $0Net Assets 2017: $20,2612017

Highlighted filing

2017

Assets$20,261
Liabilities$0
Net Assets$20,261
Open 2017 Filing

Operations Trend

Revenue Growth29th percentile

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

$100K$50K$0-$50KRevenue 2016: $94,051Expenses 2016: $56,264Net Income 2016: $37,7872016Revenue 2017: $79,170Expenses 2017: $96,050Net Income 2017: -$16,8802017

Highlighted filing

2017

Revenue$79,170
Expenses$96,050
Net Income-$16,880
Open 2017 Filing

Filings

Most recent year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$20,261
Liabilities
$0
Net assets
$20,261
Revenue
$79,170
Expenses
$96,050
Net income
-$16,880
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$20.3$0.00$20.3$79.2$96.1$16.9
2016Summary only. Only limited summary data is available for this year.$37.1$0.00$37.1$94.1$56.3$37.8
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$79,170
Mission and Program Overview

Mission

Mid -atlantic chamber of commerce inc macc is recognized as a pride generated, member driven organization including all segments of the community and surrounding district, working together as a cooperative unit to achieve common goals.

Mid-atlantic chamber of commerce advocates economic prosperity and quility of life for the mid-atlantic region by being the voice of business promoting collaboration and helping members grow.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$37,141$20,261▼ $16,880
Cash and Non-Interest-Bearing Accounts$36,887$19,907▼ $16,980
Accounts Receivable$254$354▲ $100
Total Assets$37,141$20,261▼ $16,880
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$37,141$20,261▼ $16,880
Total Liabilities and Net Assets / Fund Balance$37,141$20,261▼ $16,880
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Mahmut YeterOfficerFT$36,400$36,400

Board Members and Trustees

NameTitle
Mike ManganBoard Member
Harun ArasliDirector
Talha SaracDirector
Mehmet OgdenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$79,170
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$29,195
Change in Net Assets
$-16,880
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$48,670
Salaries, Compensation, and Employee Benefits$47,380
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-$40,150-$40,150
Occupancy-$30,056-$30,056
Advertising-$3,796-$3,796
Other Salaries and Wages-$3,750-$3,750
Office Expenses-$3,635-$3,635
Payroll Taxes-$3,480-$3,480
Fees for Services Management-$3,022-$3,022
Conferences and Meetings$1,728--$1,728
Fees for Services Legal-$1,297-$1,297
Travel-$1,146-$1,146
All Other Expenses-$862-$862
Payment Travel Entrtnmnt Publicly Ofcl-$115-$115
Other Expenses-$12-$12
Total Functional Expenses$1,728$94,322$0$96,050
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
Yes
In-house lobbying only
No
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
No
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
Mid-atlantic Chamber of Commerce
EIN
81-1644273
Phone
2024699292
Address
7921 JONES BRANCH DRIVE Room 250, MCLEAN, VA 22102

Signing Officer

Name
Mahmut Yeter
Title
Secretary
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mid-atlantic Chamber of Commerce
Formed
2016
Legal Domicile
Va
Voting Board Members
4
Independent Board Members
0
Employees
2

Preparer

Firm
Fairfax Tax Services Inc
Address
10400 EATON PL SUITE 210, FAIRFAX, VA 22030
Preparer
Giundiuz Osmanov Ea
Phone
7038656161
Supplemental Narrative

Additional Explanations

Form 990, Part I, Section 1, Line 1

“Mid-Atlantic Chamber of Commerce Inc. MACC is recognized as a pride generated, member driven organization including all segments of the community and surrounding district, working together as a cooperative unit to achieve common goals.”

Raw XML Appendix314 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.

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ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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