Is Columbia Cty Chamber Of Commerce Legit?

Quick charity verification for Columbia Cty Chamber Of Commerce (EIN: 20656710)

Verdict: Columbia Cty Chamber Of Commerce appears trustworthy

70/100Mission Score
$1.1MRevenue
$1.6MAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

The Columbia Cty Chamber Of Commerce demonstrates consistent financial growth and stability over the past decade, with revenues steadily increasing from $695,473 in 2014 to over $1 million in recent years. The organization consistently operates with a surplus, as evidenced by its revenues exceeding expenses in all reported periods, contributing to a healthy growth in assets from $647,307 in 2014 to $1,536,486 in 2023. A notable aspect is the reported 0% officer compensation across all filings, which suggests either a volunteer-led executive team or compensation being reported under other expense categories, warranting further investigation for complete transparency. The significant increase in liabilities to $1,643,000 in 2023, compared to minimal liabilities in previous years, is a critical point that requires detailed examination to understand its nature and impact on the organization's financial health.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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