Greater Hall Chamber of Commerce Inc

Nonprofit profile at a glance

EIN
580251406
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Gainesville, GA, USA
Phone
7705326206
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$2,303,962
Expenses
$2,161,733
Assets
$6,372,677
Liabilities
$456,465

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

82 people listed

Executive titles in this filing

  • KIT DUNLAP (PRESIDENT/CE)
  • TIM EVANS (PRESIDENT/CE)

Highest reported compensation

  • KIT DUNLAP (PRESIDENT/CE): $263,251 total reported compensation
  • TIM EVANS (PRESIDENT/CE): $217,731 total reported compensation
  • MARK VANTASSEL (VP OF FINANC): $109,664 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the greater hall chamber of commerce is to improve the overall business climate for members' growth, promote community development, facilitate political action and enhance the quality of life.

What it reported doing in 2024

General chamber activities: membership services strives to increase the membership base by providing programs and events for members. Education goals include investing and engaging in intensive education for workplace development programs to fulfill future and current labor needs; enhancement of school-to-work programs and business and educational partnerships. Community development is involved with the promotion of vision 2030, agribusiness, healthcare and community beautification. Government affairs purpose is to facilitate political cooperation to promote a unified gainesville/hall county; study and address issues that effect business and the community. The chamber conducts many programs for the community and its members annually, examples of which are listed in schedule o. Member & community programs: -vision 2030/board committees/initiatives -leadership hall/youth leadership/senior leadership (the wisdom project) -partners in education -business after hours/business before hours -south hall business coalition -job fairs -workshops, trade shows -leads group meetings -vistitors center -agribusiness committee & events -workforce development task force -healthcare committee -ambassador council -small business seminars -hallmark 2020-2025 -annual membership events: chamber chase 5k, hacker's golf tournament, meeting annual meeting & gala, healthsmart expo, business expo, -beautification committee -issues committee -annual eggs & issues legislative breakfast -annual state legislative event -healthcare forums/events -healthy hall awards -local government monitoring -monitor water / wastewater issues -monitor transportation issues -monitor local, state, and federal legislation -special community issues (splost, tads, impact fees, etc.) -special real estate meetings -marketing seminars -drugs don't work

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 79
  • Accountability: 76
  • Sustainability: 55
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 71.2%; rating input score 71
  • Program expense ratio: 73.7%; rating input score 74
  • Fundraising efficiency: $16.94 raised per $1 spent on fundraising; rating input score 55; 55th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Scored; rating input score 0

Accountability

  • Independent voting board: 74.7%; rating input score 75; 12th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 6.2%; rating input score 54; 54th percentile among comparable filings
  • Total-asset coverage ratio: 2.95; rating input score 73; 73rd percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 65; 65th percentile among comparable filings
  • Officer compensation ratio: 30.8%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: 2.9% per year; rating input score 100; 27th percentile among comparable filings
  • Revenue growth: 3.7% per year; rating input score 100; 32nd percentile among comparable filings
  • Asset growth: 3% per year; rating input score 100; 24th percentile among comparable filings

Details

  • Where the money goes: 71.2% of revenue deployed · 73.7% of spending went to programs
  • Governance: 59 of 79 board members independent · 7 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $1.6M in reported program spending
  • Leadership: top reported pay $263K · 82 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 34 of 34 current checks pass
  • Schedules: 8 filed schedules · includes major donors, executive pay, and related organizations
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Fundraising efficiency scored 55/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Transparency & Controls: Related-party transparency scored 0/100.
  • Review — Sustainability: Operating margin scored 54/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.