Franklin-Simpson Chamber Of Commerce

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 610661855 ✦ Franklin, KY ✦ Designated as a 501(c)(6)

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Overview

What is Franklin-Simpson Chamber Of Commerce?

The Franklin-Simpson Chamber of Commerce is a dedicated nonprofit organization, situated in the regions of Franklin and Simpson County. Their primary purpose is to advocate for and foster the growth of various sectors, including commerce, industry, agriculture, civic, and general interests within their trade area. By actively promoting these interests, they contribute significantly to the betterment of both Franklin and Simpson County, as well as the wider Franklin-Simpson County Area.

Is Franklin-Simpson Chamber Of Commerce legitimate?

Franklin-Simpson Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Franklin-Simpson Chamber Of Commerce submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $110,718

For more financial information, click here

What is the mission statement of Franklin-Simpson Chamber Of Commerce?

The Franklin-Simpson Chamber of Commerce is committed to promoting the interests of Franklin and Simpson County, encompassing both commercial and industrial sectors, as well as agriculture and civic endeavors. Its mission extends to supporting the general interests of the trade area, thereby contributing to the growth and development of the community. The organization actively strives to enhance the overall well-being of the region, fostering a vibrant and prosperous community.

What is the revenue of Franklin-Simpson Chamber Of Commerce?

Franklin-Simpson Chamber Of Commerce's revenue in 2023 was $188,372.

Who are the executives of Franklin-Simpson Chamber Of Commerce and what are their salaries?

The average compensation at Franklin-Simpson Chamber Of Commerce during 2023 was $36,906. There are 3 employees and 20 volunteers at Franklin-Simpson Chamber Of Commerce.

Here are 8 key members and their salaries:


Chad Adams (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joey Traughber (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darla Knight (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammie Carey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr James Mccaslin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Cummings (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zak Wren (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Franklin-Simpson Chamber Of Commerce?

Franklin-Simpson Chamber Of Commerce's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Franklin-Simpson Chamber Of Commerce

The Franklin-Simpson Chamber of Commerce is dedicated to promoting the welfare of Franklin and Simpson County, as well as the broader Franklin-Simpson County Area. This nonprofit organization actively supports various sectors, including commerce, industry, agriculture, civic, and general interests within its trade area. By doing so, the Franklin-Simpson Chamber of Commerce aims to foster a thriving and prosperous community, ultimately contributing to the overall growth and development of the region.

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Impact




October, 2024

The Franklin-Simpson Chamber of Commerce significantly contributes to the economic and social vitality of its region. By promoting Franklin and Simpson County, it serves as a catalyst for local business development and community growth.

The Chamber actively engages in initiatives that support commercial, industrial, and agricultural interests, creating an environment conducive to investment and entrepreneurship. This focus not only helps existing businesses thrive but also attracts new enterprises, enhancing job opportunities for residents.

Additionally, the Chamber fosters civic engagement and community improvement, encouraging residents to participate in local events and initiatives. Through collaboration with various stakeholders, the Chamber strengthens the connections between businesses and the community, promoting a sense of unity and shared purpose.

Overall, the Franklin-Simpson Chamber of Commerce plays a critical role in enhancing the quality of life in the area, ensuring that Franklin and Simpson County continues to be a vibrant place to live, work, and visit.




This information is meant to be a general summary of Franklin-Simpson Chamber Of Commerce. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$188,372 (2023)
Expenses
$212,422 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $10,292
  • Program Service Revenue: $30,126
  • Gross Receipts: $200,780

Assets and Liabilities:

  • Total Assets: $137,499
  • Total Liabilities: $4,295
  • Net Assets: $133,204

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CHAMBER MAGAZINE

Revenue

$8,220

CHAMBER CHECKS

Revenue

$10,573

HEALTH FAIR

Revenue

$5,020

ANNUAL MEETING

Revenue

$5,200

OTHER PROGRAMS

Revenue

$1,113

Organization Details

Founding Year

1966

Principal Officer

Steve Thurmond Director

NTEE Category

Code: S41 - Community improvement

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