THE CHAMBER GADSDEN AND ETOWAH COUNTY

EIN: 630039370

GADSDEN, AL

Total Revenue
$580,367
Total Expenses
$558,107
Total Assets
$675,707
Net Assets
$532,409
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1912
Legal Domicile
AL
Principal Officer
HEATHER TURK
Phone
2565433472
Tax Period
2025-01-01 to 2025-12-31

THE CHAMBER GADSDEN AND ETOWAH COUNTY, founded in 1912, is a small nonprofit that reported $505K in total revenue in fiscal year 2018. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $597K exceeded revenue, resulting in a 18% operating deficit.

Mission

THE CHAMBER OF GADSDEN & ETOWAH COUNTY'S MISSION IS TO BE A CATALYST FOR ECONOMIC GROWTH IN ETOWAH COUNTY, ALABAMA BY SERVING MEMBER BUSINESS THROUGH ADVOCACY, EDUCATION, AND COMMUNITTY PARTNERSHIPS

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $263,646
Program Service Revenue $240,463
Investment Income $5,408
Other Revenue $70,850
TOTAL REVENUE $580,367

Expense Breakdown

Grants Paid $0
Salaries & Benefits $275,495
Fundraising Expenses $0
Program Expenses $174,952
Other Expenses $282,612
TOTAL EXPENSES $558,107

Year-over-Year Comparison

2025 2024 Change
Revenue $580,367 $546,627 +0.1%
Expenses $558,107 $605,093 -0.1%
Net Income $22,260 $-58,466 -1.4%
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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Governance

Voting Members
21
Independent Members
21
Employees
4
Volunteers
N/A

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
6
$79,034
Total Directors
22
$79,034
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HEATHER TURK CHAIR 1.00
Officer Director
$0 $0 $0
BARRY ALAN CHERRY IMMEDIATE PA 1.00
Officer Director
$0 $0 $0
DALE OWENS CHAIR ELECT 1.00
Officer Director
$0 $0 $0
ANGELA LIPSCOMB FIRST VICE C 1.00
Officer Director
$0 $0 $0
SUSAN STOUGH TREASURER 1.00
Officer Director
$0 $0 $0
MIKE PERKINS MEMBER 1.00
Director
$0 $0 $0
SHAINE STEWART MEMBER 1.00
Director
$0 $0 $0
NANDA PATEL MEMBER 1.00
Director
$0 $0 $0
KENDALL LOWE HAMILTON MEMBER 1.00
Director
$0 $0 $0
SPENCER WILLIAMS MEMBER 1.00
Director
$0 $0 $0
ADRIENNE REED MEMBER 1.00
Director
$0 $0 $0
RUSTY HAMILTON MEMBER 1.00
Director
$0 $0 $0
KAREN FROST MEMBER 1.00
Director
$0 $0 $0
KELLY MOORE MEMBER 1.00
Director
$0 $0 $0
WAYNE CARDEN MEMBER 1.00
Director
$0 $0 $0
BRANDON NELSON MEMBER 1.00
Director
$0 $0 $0
CARRIE MACHEN MEMBER 1.00
Director
$0 $0 $0
CHLOE RICHARDS MEMBER 1.00
Director
$0 $0 $0
LEXY HUMPHREY MEMBER 1.00
Director
$0 $0 $0
TRIP COLLINS MEMBER 1.00
Director
$0 $0 $0
MEAGAN BOOZER MEMBER 1.00
Director
$0 $0 $0
PHILLIP HALL PRESIDENT 40.00
Officer Director
$57,000 $22,034 $79,034
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 $580,367 $558,107 $675,707 $22,260
2024 No data No data No data No data
2023 $546,097 $605,033 $738,891 $-58,936
2022 $783,718 $798,300 $778,573 $-14,582
2021 $623,303 $554,663 $819,677 $68,640
2020 $554,857 $441,446 $747,936 $113,411
2019 $638,175 $577,513 $665,595 $60,662
2018 $505,191 $596,946 $553,508 $-91,755
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