GREATER AIKEN CHAMBER OF COMMERCE

EIN: 570299487

AIKEN, SC

Total Revenue
$1,178,043
Total Expenses
$1,056,722
Total Assets
$1,823,794
Net Assets
$1,452,283
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1968
Legal Domicile
SC
Principal Officer
JIM TUNISON
Phone
8036411111
Tax Period
2024-01-01 to 2024-12-31

GREATER AIKEN CHAMBER OF COMMERCE, founded in 1968, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Expenses of $1.1M left a modest 10% surplus.

Mission

THE GREATER AIKEN CHAMBER, A BUSINESS ASSOCIATION SERVING THE BUSINESS NEEDS OF THE GREATER AIKEN AREA, EXISTS TO CREATE OPPORTUNITIES FOR MEMBERS TO BUILD SUCCESSFUL BUSINESSES AND TO ENHANCE THE QUALITY OF LIFE.

Program Service Accomplishments

Program 1
Expenses: $642,327 Revenue: $315,226

THE CHAMBER HAS PROMOTED BUSINESS INTERESTS AND ECONOMIC GROWTH, PROVIDED LEADERSHIP IN COMMUNITY LEGISLATIVE AFFAIRS, AND ENHANCED THE QUALITY OF LIFE FOR ITS COMMUNITY AND MEMBERS THROUGH ITS...

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THE CHAMBER HAS PROMOTED BUSINESS INTERESTS AND ECONOMIC GROWTH, PROVIDED LEADERSHIP IN COMMUNITY LEGISLATIVE AFFAIRS, AND ENHANCED THE QUALITY OF LIFE FOR ITS COMMUNITY AND MEMBERS THROUGH ITS SERVICES AND PROGRAMS.

Program 2
Expenses: $36,502 Revenue: $122,725

WELCOME AIKEN MAGAZINE - A PUBLICATION DESIGNED TO SHOWCASE THE COMMUNITY, ATTRACT NEW RESIDENTS, AND RECRUIT BUSINESSES TO THE AREA.

Program 3
Expenses: $64,202 Revenue: $151,581

AIKEN'S MAKIN' - A TWO-DAY COMMUNITY EVENT CELEBRATING AND PROMOTING LOCAL ARTS AND CULTURE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $543,824
Program Service Revenue $551,342
Investment Income $44,687
Other Revenue $38,190
TOTAL REVENUE $1,178,043

Expense Breakdown

Grants Paid $0
Salaries & Benefits $529,090
Fundraising Expenses $0
Program Expenses $743,031
Other Expenses $527,632
TOTAL EXPENSES $1,056,722

Year-over-Year Comparison

2024 2023 Change
Revenue $1,178,043 $1,099,578 +0.1%
Expenses $1,056,722 $979,251 +0.1%
Net Income $121,321 $120,327 +0.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
20
Independent Members
20
Employees
7
Volunteers
93

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
7
$118,726
Total Directors
25
$118,726
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIM TUNISON PRESIDENT/CEO 40.00
Officer Director
$118,726 $0 $118,726
DUSTIN ENNIS VICE CHAIR PUBLIC AFFAIRS 0.25
Officer Director
$0 $0 $0
DR CATINA BROADWATER BOARD OF DIRECTORS 0.25
Director
$0 $0 $0
MARY ALLEN BOARD OF DIRECTORS 0.25
Director
$0 $0 $0
SHARON MARRA BOARD OF DIRECTORS 0.25
Director
$0 $0 $0
DANIEL HEIMMERMANN BOARD OF DIRECTORS 0.25
Director
$0 $0 $0
MATT MERRIFIELD TREASURER 0.25
Officer Director
$0 $0 $0
LARRY LING BOARD OF DIRECTORS 0.25
Director
$0 $0 $0
CARMEN LANDY BOARD OF DIRECTORS 0.25
Director
$0 $0 $0
MOLLY JONES CHAIR-ELECT AND MEMBERSHIP SERVICES 0.25
Officer Director
$0 $0 $0
MIKE THOMAS BOARD OF DIRECTORS 0.25
Director
$0 $0 $0
DENNIS CARR BOARD OF DIRECTORS 0.25
Director
$0 $0 $0
CHARLIE HARTZ CHAIR 0.25
Officer Director
$0 $0 $0
STUART BEDENBAUGH EXOFFICIO BOARD MEMBER 0.25
Director
$0 $0 $0
TOM YOUNG JR EXOFFICIO BOARD MEMBER 0.25
Director
$0 $0 $0
WILL WILLIAMS EXOFFICIO BOARD MEMBER 0.25
Director
$0 $0 $0
JASON RABUN IMMEDIATE PAST-CHAIR 0.25
Officer Director
$0 $0 $0
JOE LEWIS BOARD OF DIRECTORS 0.25
Director
$0 $0 $0
MONICA KEY VICE-CHAIR BUSINESS AND COMMUNITY DEVELOPMENT 0.25
Officer Director
$0 $0 $0
ILIAS ALIMOHAMED BOARD OF DIRECTORS 0.25
Director
$0 $0 $0
MICHAEL BUDNEY BOARD OF DIRECTORS 0.25
Director
$0 $0 $0
CAROLINE GARCIA BOARD OF DIRECTORS 0.25
Director
$0 $0 $0
CURT HANNA BOARD OF DIRECTORS 0.25
Director
$0 $0 $0
COREY MURPHY EXOFFICIO BOARD MEMBER 0.25
Director
$0 $0 $0
BRIAN SANDERS EXOFFICIO BOARD MEMBER 0.25
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
2024 $1,178,043 $1,056,722 $1,823,794 $121,321
2023 $1,099,578 $979,251 $1,716,343 $120,327
2022 $1,039,762 $995,214 $1,561,221 $44,548
2021 $1,005,109 $977,757 $1,538,773 $27,352
2020 $909,330 $896,565 $1,458,358 $12,765
2019 $1,027,100 $1,027,553 $1,552,469 $-453
2018 $1,122,743 $1,116,305 $1,539,445 $6,438
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