Newberry County Chamber of Commerce
Nonprofit profile at a glance
- EIN
- 570838599
- IRS 990-EZ coverage
- 2015–2024
- Forms available
- Form 990 2014, Form 990-EZ 2024
- Location
- Newberry, SC, USA
- Phone
- 8032764274
- Rating confidence
- Limited
Reported finances
- Revenue
- $116,288
- Expenses
- $127,132
- Assets
- $36,883
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
People named in this filing
- MICHELLE LONG (EXECUTIVE DI)
- GEORGE FRANKLIN (DIRECTOR)
- TIM BAXLEY (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The primary exempt purpose and mission of the organization is to promote a positive business environment and to enhance the quality of life in newberry county by supporting the state and county economic development efforts while meeting the needs of our communities and members.
What it reported doing in 2024
The organization accomplished its mission by hosting networking events such as business after hours and a golf tournament; providing information to the public regarding legislative matters, hosting business education workshops and coordinating and partnering with other local entities to plan and host activities that promote community engagement; by coordinating and promoting tourism events such as the christmas tour of homes, agriculture & art tour; a farmers and artisans market; by supporting the young professionals group aimed at 21-40 year-olds who live and/or work in newberry county; and by engaging in ongoing conversations with government officials, school personnel, and businesses so that we can be kept abreast of the various climates and provide support to identified needs.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 22
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -9.3%; rating input score 16; 16th percentile among comparable filings
- Total-asset coverage ratio: 0.29; rating input score 25; 25th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -1.3% per year; rating input score 0; 16th percentile among comparable filings
- Asset growth: 2.9% per year; rating input score 100; 37th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 1 filed schedules
- Filing history: 9 filing years from 2015 to 2024
- Contacts: How to reach this organization
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 16/100.
- High — Sustainability: Total-asset coverage ratio scored 25/100.