NORTH MYRTLE BEACH CHAMBER OF COMMERCE CONVENTION AND VISTOR'S BU

EIN: 571083402 Community Improvement

NORTH MYRTLE BEACH, SC

Total Revenue
$4,056,108
Total Expenses
$3,327,437
Total Assets
$4,573,321
Net Assets
$3,541,908
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Principal Officer
CHERYL KILDAY
Phone
8433613039
Tax Period
2023-07-01 to 2024-06-30

NORTH MYRTLE BEACH CHAMBER OF COMMERCE CONVENTION AND VISTOR'S BU is a community nonprofit in the Community Improvement sector that reported $4.1M in total revenue in fiscal year 2023. The organization ran a surplus of $729K, a strong 18% operating margin.

Mission

THE MISSION OF THE NORTH MYRTLE BEACH CHAMBER IS TO PROMOTE THE NORTH MYRTLE BEACH, SC AREA AND ITS BUSINESSES BY PROVIDING STRONG LEADERSHIP SERVICES AND SUPPORT IN ECONOMIC, TOURISM, AND COMMUNITY DEVELOPMENT.

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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 $3,320,009
Program Service Revenue $663,603
Investment Income $72,496
Other Revenue $0
TOTAL REVENUE $4,056,108

Expense Breakdown

Grants Paid $0
Salaries & Benefits $651,685
Fundraising Expenses $0
Program Expenses $3,211,004
Other Expenses $2,675,752
TOTAL EXPENSES $3,327,437

Year-over-Year Comparison

2023 2022 Change
Revenue $4,056,108 $4,165,463 0.0%
Expenses $3,327,437 $3,591,069 -0.1%
Net Income $728,671 $574,394 +0.3%
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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Governance

Voting Members
25
Independent Members
24
Employees
8
Volunteers
5

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
1
$156,075
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHERYL KILDAY PRESIDENT, C 1.00
Officer
$156,075 $0 $156,075
DENISE AMBUHL BOARD 1.00
Director
$0 $0 $0
BEN CLYBURN VICE CHAIR 1.00
Director
$0 $0 $0
BRANDON COX BOARD 1.00
Director
$0 $0 $0
JIM EGGEN BOARD 1.00
Director
$0 $0 $0
GRETCHEN FLOYD BOARD CHAIR 1.00
Director
$0 $0 $0
MATT GIBBONS BOARD 1.00
Director
$0 $0 $0
AJ GOHIL BOARD 1.00
Director
$0 $0 $0
JIM HANLEY BOARD 1.00
Director
$0 $0 $0
BETSY HINSON BOARD 1.00
Director
$0 $0 $0
TINA HUNTER BOARD 1.00
Director
$0 $0 $0
MORGAN JACKSON BOARD 1.00
Director
$0 $0 $0
KIM KELLY BOARD 1.00
Director
$0 $0 $0
MARK LANE BOARD 1.00
Director
$0 $0 $0
WESTON PARKER BOARD 1.00
Director
$0 $0 $0
WHITNEY PRINCE BOARD 1.00
Director
$0 $0 $0
BEVERLY RACE BOARD 1.00
Director
$0 $0 $0
COREY RICHARDSON BOARD 1.00
Director
$0 $0 $0
ERIC RIVENBARK BOARD 1.00
Director
$0 $0 $0
DIANE STEWART BOARD 1.00
Director
$0 $0 $0
ANDY THOMAS TREASURER 1.00
Director
$0 $0 $0
MONICA VEHIGE IMMEDIATE PA 1.00
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 $4,056,108 $3,327,437 $4,573,321 $728,671
2023 $4,165,463 $3,591,069 $4,488,139 $574,394
2022 $2,974,675 $2,567,699 $4,581,393 $406,976
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