Georgetown County Chamber of Commerce Inc

EIN: 570639395 Community Improvement

Georgetown, SC

Total Revenue
$2,353,865
Total Expenses
$1,985,792
Total Assets
$2,026,270
Net Assets
$1,716,530
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
SC
Principal Officer
Beth Stedman MMC
Tax Period
2023-07-01 to 2024-06-30

Georgetown County Chamber of Commerce Inc, founded in 1976, is a community nonprofit in the Community Improvement sector that reported $2.4M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $368K, a strong 16% operating margin.

Mission

The Chamber engages in promotional activities for the commercial welfare of Georgetown County serving hundreds of members through business promotion, networking, leadership development, business training, tourism promotion, destination advertising, and operating visitor centers.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,216,602
Program Service Revenue $130,516
Investment Income $6,747
Other Revenue $0
TOTAL REVENUE $2,353,865

Expense Breakdown

Grants Paid $0
Salaries & Benefits $355,392
Fundraising Expenses $0
Program Expenses $1,833,370
Other Expenses $1,630,400
TOTAL EXPENSES $1,985,792

Year-over-Year Comparison

2023 2022 Change
Revenue $2,353,865 $2,153,132 +0.1%
Expenses $1,985,792 $2,060,615 0.0%
Net Income $368,073 $92,517 +3.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
16
Independent Members
16
Employees
8
Volunteers
75

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
$91,455
Total Directors
13
$91,455
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Beth Stedman President & CEO 40.00
Officer Director Highest
$91,455 $0 $91,455
Kelvin Waites Director 1.00
Director
$0 $0 $0
Douglas Jenkins Director 1.00
Director
$0 $0 $0
Angela Christian Director 1.00
Director
$0 $0 $0
Anita Williams Director 1.00
Director
$0 $0 $0
Lari Roper Director 1.00
Director
$0 $0 $0
Giany Guedjo Director 1.00
Director
$0 $0 $0
John Bullard Director 1.00
Director
$0 $0 $0
Melissa Adams Director 1.00
Director
$0 $0 $0
Fran Fernandez Director 1.00
Director
$0 $0 $0
Josh Fleming Director 1.00
Director
$0 $0 $0
Elizabeth Kimball Director 1.00
Director
$0 $0 $0
Shane Player Director 0.00
Director
$0 $0 $0
Andrew Friedman Chair 5.00
Officer
$0 $0 $0
Mike Junga Chair Elect 5.00
Officer
$0 $0 $0
William Pavy Treasurer 5.00
Officer
$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 $2,353,865 $1,985,792 $2,026,270 $368,073
2023 $2,153,132 $2,060,615 $1,642,584 $92,517
2022 $1,967,650 $1,680,576 $1,675,103 $287,074
2021 $1,657,700 $1,565,080 $1,345,713 $92,620
2020 $1,809,551 $1,524,198 $1,207,271 $285,353
2019 $1,780,723 $1,606,930 $805,843 $173,793
2018 $1,416,456 $1,324,729 $682,871 $91,727
Explore More Nonprofits
Top 100 Nonprofits in South Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Georgetown County Chamber of Commerce Inc with other nonprofits in South Carolina and across the country.