MORRISTOWN AREA CHAMBER OF COMMERCE
Pub 78

MORRISTOWN AREA CHAMBER OF COMMERCE
Pub 78

Morristown, TN, US
501(c)(6)
EIN
62-0418880

MORRISTOWN AREA CHAMBER OF COMMERCE
Pub 78

Morristown, TN, US
501(c)(6)
EIN
62-0418880

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$1,269,910

Program Services
98%
Investments
1%
Other
<1%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$1,220,775

Other
52%
Salaries & Benefits
46%
Fees to Service Providers
1%
Depreciation
1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$1,151,915
$1,246,079
+8%
Membership Dues
$0
$0
-
Investments
$10,485
$17,831
+70%
Other
$6,000
$6,000
+0%
Total Revenues
$1,168,400
$1,269,910
+9%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$523,125
$564,075
+8%
Fees to Service Providers
$12,160
$13,514
+11%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$0
$0
-
Depreciation
$12,483
$12,860
+3%
Other
$515,352
$630,326
+22%
Total Expenses
$1,063,120
$1,220,775
+15%
Net income
2023
2024
Change
Net income
+$105,280
+$49,135
-53%
Functional Expenses
Summary
2023
2024
Change
Program
$752,304
$861,327
+14%
Admin
$310,816
$359,448
+16%
Fundraising
$0
$0
-
Total Expenses
$1,063,120
$1,220,775
+15%
Income Statement
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