NonprofitsGermantown Chamber Of Commerce

Germantown Chamber Of Commerce

GERMANTOWN, TN

Total revenue

$628K

Total expenses

$639K

Net assets

$295K

Grants received

EIN

581678629

Tax year

2024

Mission

The germantown chamber of commerce promotes economic, social and community welfare of the city of germantown, tn, its residents, and its businesses. The chamber provides an opportunity for chamber members to participate in these goals through its monthly meetings and various subcommittees. The chamber meetings provide a forum for its members to meet other business owners and managers. Annually, the chamber sponsors a community christmas parade, a booth at the city of germantown festival and a business expo. Sponsors for the parade are solicited to generate funds, which are used to purchase musical instruments for school bands that participate in the parade. The chamber makes no profit on the parade. At the expo various vendors are able to rent booth space to demonstrate their products and services to other businesses and residents of germantown. Traditionally, the chamber has distributed to new residents free of charge, a newcomer's package in which information about the city, maps, br

Financials

FY 2024

Revenue

Contributions & grants$236K
Program service revenue$226K
Investment income$996
Other revenue$165K
Total revenue$628K

Expenses

Grants paid
Salaries & benefits$310K
Fundraising$25K
Other expenses$329K
Total expenses$639K
Total assets$373K
Net assets$295K

People

4 listed

NameRoleCompensation

JANIE DAY

EXECUTIVE DI

Board

$90K

40 hrs/wk

ANGIE BRASFIELD

CHAIR

Board

5 hrs/wk

MARK MCBRYDE

TREASURER

Board

5 hrs/wk

TOM SHELLEY

PAST CHAIR

Board

1 hrs/wk

Details

EIN581678629
Subsection06
Ruling date1991-01
Formed1973
Employees3
Volunteers30
GERMANTOWN CHAMBER OF COMMERCE — Mission, Financials & Grants Received | Grantivo