COLUMBUS CHAMBER OF COMMERCE AND TOURISM INC

EIN: 560468371

WHITEVILLE, NC

Total Revenue
$230,291
Total Expenses
$224,272
Total Assets
$515,191
Net Assets
$511,844
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1946
Legal Domicile
NC
Principal Officer
HEATH NANCE
Phone
9106423171
Tax Period
2023-07-01 to 2024-06-30

COLUMBUS CHAMBER OF COMMERCE AND TOURISM INC, founded in 1946, is a small nonprofit that reported $230K in total revenue in fiscal year 2023. Net assets of $512K represent 27 months of operating reserves.

Mission

PROMOTE COMMERCE IN THE AREA.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $105,165
Program Service Revenue $43,581
Investment Income $2,879
Other Revenue $78,666
TOTAL REVENUE $230,291

Expense Breakdown

Grants Paid $0
Salaries & Benefits $149,527
Fundraising Expenses $0
Program Expenses $216,179
Other Expenses $74,745
TOTAL EXPENSES $224,272

Year-over-Year Comparison

2023 2022 Change
Revenue $230,291 $230,569 0.0%
Expenses $224,272 $228,391 0.0%
Net Income $6,019 $2,178 +1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
15
Independent Members
N/A
Employees
2
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIFER HOLCOMB PRESIDENT 40.00
Director
$0 $0 $0
DR DAN STRICKLAND BOARD MEMBER 0.00
Director
$0 $0 $0
HEATH NANCE CHAIRMAN 0.00
Director
$0 $0 $0
AMBER BELLAMY BOARD MEMBER 0.00
Director
$0 $0 $0
NICKY NANCE BOARD MEMBER 0.00
Director
$0 $0 $0
JONATHAN MEDFORD BOARD MEMBER 0.00
Director
$0 $0 $0
JASON BECK BOARD MEMBER 0.00
Director
$0 $0 $0
BETTINA COX BOARD MEMBER 0.00
Director
$0 $0 $0
STEPHEN UNDERWOOD BOARD MEMBER 0.00
Director
$0 $0 $0
MARY WILLIAMSON BOARD MEMBER 0.00
Director
$0 $0 $0
TERRY MANN EX-OFFICIO 0.00
Director
$0 $0 $0
DR GARY LANIER EX-OFFICIO 0.00
Director
$0 $0 $0
KATHY ASHLEY BOARD MEMBER 0.00
Director
$0 $0 $0
RHONDA DUTTON BOARD MEMBER 0.00
Director
$0 $0 $0
TERRI EDMUND BOARD MEMBER 0.00
Director
$0 $0 $0
CYNTHIA ELLIS BOARD MEMBER 0.00
Director
$0 $0 $0
DR CHRIS ENGLISH BOARD MEMBER 0.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $230,291 $224,272 $515,191 $6,019
2023 $230,569 $228,391 $501,160 $2,178
2022 $220,066 $174,125 $460,140 $45,941
2021 $264,869 $197,975 $418,273 $66,894
2020 $201,906 $180,540 $349,174 $21,366
2019 $196,448 $183,492 $329,307 $12,956
2018 $193,893 $184,758 $319,275 $9,135
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