ANDERSON COUNTY CHAMBER OF COMMERCE INC

EIN: 621314870 Community Improvement

CLINTON, TN

Total Revenue
$427,412
Total Expenses
$445,016
Total Assets
$227,852
Net Assets
$156,911
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
TN
Principal Officer
Ricky Meredith
Phone
8654572559
Tax Period
2024-01-01 to 2024-12-31

ANDERSON COUNTY CHAMBER OF COMMERCE INC, founded in 1987, is a small nonprofit in the Community Improvement sector that reported $427K in total revenue in fiscal year 2024.

Mission

The Anderson County Chamber of Commerces mission is to advance the general welfare of Anderson County so that its citizens, its businesses, its education community and its local government shall prosper.

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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 $1,250
Program Service Revenue $426,156
Investment Income $6
Other Revenue $0
TOTAL REVENUE $427,412

Expense Breakdown

Grants Paid $0
Salaries & Benefits $114,769
Fundraising Expenses $0
Program Expenses $102,176
Other Expenses $330,247
TOTAL EXPENSES $445,016

Year-over-Year Comparison

2024 2023 Change
Revenue $427,412 $436,953 0.0%
Expenses $445,016 $612,726 -0.3%
Net Income $-17,604 $-175,773 -0.9%
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
18
Independent Members
18
Employees
N/A
Volunteers
18

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
3
$122,025
Total Directors
17
$0
Key Employees
1
$122,025
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ricky Meredith President Non Voting 12.00
Officer Key Emp
$42,708 $0 $122,025
Joey Smith Board Member 0.40
Director
$0 $0 $0
Scott Bacon Board Member 0.25
Director
$0 $0 $0
Tammy E Gross Board Member 0.40
Director
$0 $0 $0
Callie M Archer Board Member 0.25
Director
$0 $0 $0
Trey McAdams Past Chair 0.25
Director
$0 $0 $0
Steven Brooks Treasurer Board Member 0.25
Officer Director
$0 $0 $0
Jordan Coffey Chair Elect Board Member 0.40
Director
$0 $0 $0
Dr Craig Layman Board Member 0.25
Director
$0 $0 $0
Jason Mooney Board Member 0.25
Director
$0 $0 $0
Scott Rhea Chair Board Member 0.25
Officer Director
$0 $0 $0
Jon Holland Board Member 0.25
Director
$0 $0 $0
Skip Nickle Board Membeer 0.40
Director
$0 $0 $0
Mike Magill Board Member 0.25
Director
$0 $0 $0
Angie Partin Board Member 0.50
Director
$0 $0 $0
Sally Porter Board Member 0.40
Director
$0 $0 $0
Jay Shepherd Board Member 0.25
Director
$0 $0 $0
Kristen Waldschlager Board Member 0.40
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 $427,412 $445,016 $227,852 $-17,604
2023 $436,953 $612,726 $385,967 $-175,773
2022 $546,358 $562,167 $517,198 $-15,809
2021 $605,157 $505,290 $366,097 $99,867
2020 $446,868 $426,745 $266,230 $20,123
2019 $464,055 $486,762 $246,107 $-22,707
2018 $459,810 $476,180 $268,814 $-16,370
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