ALTAVISTA AREA CHAMBER OF COMMERCE INC Charity Report

Tax-exempt status may be revoked

ALTAVISTA AREA CHAMBER OF COMMERCE INC

EIN 23-7316268 · Chambers of Commerce & Business Leagues (S41)

What they do

to REPRESENT THE INTERESTS of THE ALTAVISTA AREA BUSINESS COMMUNITY IN MATTERS THAT IMPACT THEIR ABILITY to PROSPER WHILE SHOWCASING THE AREA AS A DESIRABLE PLACE to LIVE, WORK and VISIST THROUGH INCREASED BUSINESS EXPOSURE, NETWORKING OPPORTUNITIES, ADVOCACY & BUSINESS TRAINING, and MEMBER EXCLUSIVE DISCOUNTS.

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This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2022The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders12 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

36.58%of revenue went to mission work38.7% of expenses · Program services

4.22%of revenue went to fundraising4.5% of expenses

$94.61spent for every $100 of revenueRevenue covered expenses this year.

53.81%of revenue went to management and office costs56.9% of expenses

$0.82in assets for every $1 spent this yearSome assets cannot be spent right away.

28.0%of its money came from giftsOther money may come from services or investments.

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Money

Financial picture

Tax year 2022

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$107,056

Mission workProgram services$39,16436.58% of revenue38.7% of expenses

ManagementOffice and general costs$57,60553.81% of revenue56.9% of expenses

FundraisingAsking for donations$4,5154.22% of revenue4.5% of expenses

Revenue left after expensesReported annual surplus$5,7725.39% of revenueShown in gray on the chart

Total expenses$101,28494.61% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2022CurrentExpense mix: 38.7% mission · 56.9% management · 4.5% fundraisingTotal expenses: 94.61% of revenue

2021Expense mix: 39.4% mission · 55.9% management · 4.7% fundraisingTotal expenses: 106.85% of revenue

2020Expense mix: 55.5% mission · 40.1% management · 4.3% fundraisingTotal expenses: 179.02% of revenue

2019Expense mix: 54.4% mission · 40.2% management · 5.3% fundraisingTotal expenses: 94.98% of revenue

2018Expense mix: 53.7% mission · 40.6% management · 5.6% fundraisingTotal expenses: 92.79% of revenue

2017Expense mix: 49.3% mission · 44.5% management · 6.2% fundraisingTotal expenses: 95.70% of revenue

2016Expense mix: 37.9% mission · 0.0% management · 0.0% fundraisingTotal expenses: 97.28% of revenue

Money in and money out

Revenue$107,056

Expenses$101,284

Annual surplus $5,772 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$39,164 · 38.7% of expenses

Management and office costs$57,605 · 56.9% of expenses

Fundraising$4,515 · 4.5% of expenses

See all reported dollar amounts

Revenue$107,056

Expenses$101,284

Assets$83,470

Income$107,056

Contributions$30,000

Mission work (program services)$39,164

Fundraising$4,515

Management and general$57,605

Accounting fees$12,340

People

Leadership and board

Tax year 2022

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (12)

BRENT ASHWELLDIRECTOR

CASEY BIRDSALLDIRECTOR

COBY WORSHAMSECRETARY

CODIE CYRUSCHAIRMAN

FRIEDA MATTOXDIRECTOR

KENNY MOOREFIELDDIRECTOR

LORI WATKINSDIRECTOR

MARK THOMASDIRECTOR

PEYTON HOGANDIRECTOR

ROMONDA DAVISPAST CHAIR; TREASURER

STACEY ANGELDIRECTOR

TIM COADYDIRECTOR

About this charity

Recognized since: January 2009
Location: 414 WASHINGTON ST, ALTAVISTA, VA 24517-1952
County: Campbell
In care of: % PATRICIA W ELLER
Primary officer: CODY CYRUS, DIRECTOR

How to reach them

WebsiteVisit the charity’s website Phone(434) 369-6665

Filing and classification

Latest tax year: 2022
Tax period began: January 1, 2022
Return type: 990
Tax preparer: DAVIDSON DOYLE & HILTON LLP
NTEE classification: Chambers of Commerce & Business Leagues (S41)
IRS tax category: Chambers of Commerce & Business Leagues
Revocation date: May 15, 2026