Union County Chamber of Commerce

Nonprofit profile at a glance

EIN
570716799
IRS 990-EZ coverage
2009–2024
Forms available
Form 990-EZ 2024
Location
Union, SC, USA
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$138,215
Expenses
$100,851
Assets
$130,864
Liabilities
$0

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

Leadership & pay

6 people listed

People named in this filing

  • John Gregory (Chairman)
  • Steve Lewis (Vice Chair)
  • Jami D Trammell (Boardmember)

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

Promotion of Industry/ Business in Union

What it reported doing in 2024

To promote commerce and industrial achievement and prosperity in Union County SC

Operating model

Revenue model
Earned-program. 76% of the money available for current operations came from fees and other program revenue.
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.

The verdict

SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 43
  • Transparency & Controls: 100
  • Sustainability: 74
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 37.6%; rating input score 38
  • Program expense ratio: 51.6%; rating input score 52

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 27%; rating input score 81; 81st percentile among comparable filings
  • Total-asset coverage ratio: 1.3; rating input score 68; 68th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: -4.9% per year; rating input score 0; 19th percentile among comparable filings
  • Revenue growth: 0.8% per year; rating input score 100; 24th percentile among comparable filings
  • Asset growth: 10.5% per year; rating input score 100; 62nd percentile among comparable filings

Details

  • Where the money goes: 37.6% of revenue deployed · 51.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $52K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 15 filing years from 2009 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 38/100.
  • Review — Financial Efficiency: Program expense ratio scored 52/100.
  • High — Growth: Program expense growth scored 0/100.