GREENWOOD AREA CHAMBER OF COMMERCE

EIN: 570173843

GREENWOOD, SC

Total Revenue
$317,490
Total Expenses
$338,272
Total Assets
$705,525
Net Assets
$536,133
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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
1901
Legal Domicile
SC
Principal Officer
TRENTISE WILLIAMS
Phone
8642338431
Tax Period
2023-01-01 to 2023-12-31

GREENWOOD AREA CHAMBER OF COMMERCE, founded in 1901, is a small nonprofit that reported $317K in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring.

Mission

SERVES AS AN ADVOCATE FOR BUSINESS BY FOSTERING ECONOMIC GROWTH AND PROSPERITY AND ADVANCING THE QUALITY OF LIFE IN GREENWOOD COUNTY.

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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 $254,248
Program Service Revenue $43,534
Investment Income $6,920
Other Revenue $12,788
TOTAL REVENUE $317,490

Expense Breakdown

Grants Paid $0
Salaries & Benefits $197,347
Fundraising Expenses $15,713
Program Expenses $228,217
Other Expenses $140,925
TOTAL EXPENSES $338,272

Year-over-Year Comparison

2023 2022 Change
Revenue $317,490 $422,421 -0.2%
Expenses $338,272 $329,809 +0.0%
Net Income $-20,782 $92,612 -1.2%
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
17
Independent Members
17
Employees
4
Volunteers
150

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
4
$83,654
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ZAC CAMPBELL DIRECTOR AT- N/A
Director
$0 $0 $0
JIM STILL DIRECTOR AT- N/A
Director
$0 $0 $0
HOLLY BROWN DIRECTOR AT- N/A
Director
$0 $0 $0
CARSON PENNY DIRECTOR AT- N/A
Director
$0 $0 $0
DAVID TRENT BOARD CHAIR N/A
Officer Director
$0 $0 $0
CYNDI NEW SECRETARY N/A
Officer Director
$0 $0 $0
PATRICIA HARTUNG DIRECTOR AT- N/A
Director
$0 $0 $0
BOB DURBIN DIRECTOR AT- N/A
Director
$0 $0 $0
KRISTEN MANSKE DIRECTOR AT- N/A
Director
$0 $0 $0
JOSH GARVIN TREASURER N/A
Director
$0 $0 $0
RON MILLENDER DIRECTOR AT- N/A
Director
$0 $0 $0
THEO LANE DIRECTOR AT- N/A
Director
$0 $0 $0
DR HOPE RIVERS DIRECTOR AT- N/A
Director
$0 $0 $0
JIN NEWLON DIRECTOR AT N/A
Director
$0 $0 $0
STEVE RILEY DIRECTOR AT N/A
Director
$0 $0 $0
JEFF SMITH PAST BOARD C N/A
Director
$0 $0 $0
JULIE WILKIE DIRECTOR AT- N/A
Director
$0 $0 $0
CATHY MILLER INTERIM PRES N/A
Officer
$0 $0 $0
TRENTISE WILLIAMS PRESIDENT 40.00
Officer
$83,654 $0 $83,654
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
2024 No data No data No data No data
2023 $317,490 $338,272 $705,525 $-20,782
2022 $422,421 $329,809 $774,970 $92,612
2021 $410,124 $379,212 $953,857 $30,912
2020 $363,501 $382,071 $862,175 $-18,570
2019 $506,364 $490,904 $515,848 $15,460
2018 $479,616 $413,433 $597,702 $66,183
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