Metropolitan Atlanta Chamber Of Commerce Inc in Atlanta, Georgia (GA)

Organization representatives - add corrected or new information about Metropolitan Atlanta Chamber Of Commerce Inc »

Non-representatives - add comments about Metropolitan Atlanta Chamber Of Commerce Inc»

Metropolitan Atlanta Chamber Of Commerce Inc
Employer Identification Number (EIN)580145520
Name of OrganizationMetropolitan Atlanta Chamber Of Commerce Inc
Address235 Andrew Young International Blvd, Atlanta, GA 30303-2718
ActivitiesBusiness promotion (chamber of commerce, business league, etc.)
SubsectionChamber of Commerce
Ruling Date02/1936
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$10,000,000 to $49,999,999
Income$10,000,000 to $49,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$15,346,634
Amount of Income$14,040,260
Form 990 Revenue Amount$14,040,260
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Promotion of Business


Non-representatives - add comments:


CAPTCHA

Your IP address 3.137.173.98 will be logged.

Amount of income in 2013: $14,040,260
This organization: 

 $14,040,260
Other organizations performing similar types of work: 

 $1,135,572

Assets in 2013: $15,346,634
This organization: 

 $15,346,634
Other organizations performing similar types of work: 

 $1,313,154

Expenses in 2012: $15,277,883
This organization: 

 $15,277,883
Other organizations performing similar types of work: 

 $895,505

Income to expenses ratio in 2012: 0.9
This organization: 

 0.9
Other organizations performing similar types of work: 

 1.1

Number of employees in 2012: 128
Metropolitan Atlanta Chamber Of Commerce Inc: 

 128
Other organizations performing similar types of work: 

 7

Employees paid over $100,000 in 2012: 10.9%
This organization: 

 10.9%
Other organizations performing similar types of work: 

 0.0%

Grants share in income in 2012: 26.9%
Metropolitan Atlanta Chamber Of Commerce Inc: 

 26.9%
Other organizations performing similar types of work: 

 0.0%

Financial snapshot ($)

Revenue for 2012

Functional expenses for 2012

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?Yes
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$14,339,355
Contributions, Gifts, Grants and Other Similar Amounts$3,864,050
Program Service Revenue$8,777,080
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$24,809
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$1,673,416
Statement of Functional Expenses (for 2012)
Total functional expenses$15,277,883
Compensation of current officers, directors, trustees, and key employees$2,473,367
Other salaries and wages$5,159,049
Payroll taxes$457,065
Professional fundraising services$0
Other$7,188,402
Balance Sheet (for 2012)
Total assets$15,219,417
Total liabilities$6,275,467
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$3,022,456
Unsecured notes and loans payable to unrelated third parties$0
Other$3,253,011
Total net assets or fund balances$8,943,950
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:Not provided
Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001200220032004200520062007
Total revenue$11,565,997$10,249,484$10,063,299$10,983,137$10,695,992$11,016,940$11,434,338$12,486,647
Contributions, gifts, grants, and similar amounts received$2,461,018$2,610,256$2,732,845$3,581,010$2,914,150$2,790,272$2,554,075$3,129,150
Contributions to donor advised funds$0$0
Direct public support$2,461,018$2,610,256$2,732,845$3,581,010$2,914,150$2,790,272$2,554,075$3,129,150
Indirect public support$0$0$0$0$0$0$0$0
Government contributions (grants)$0$0$0$0$0$0$0$0
Program service revenue including government fees and contracts$2,398,037$1,911,388$1,836,761$1,791,992$1,960,450$1,966,149$2,311,960$2,513,766
Membership dues and assessments$5,150,678$4,683,241$4,607,414$4,704,847$4,679,195$5,013,959$5,192,334$5,475,793
Interest on savings and temporary cash investments$0$29,590$15,900$16,104$29,090$87,266$192,313$212,201
Dividends and interest from securities$38,849$0$0$0$0$0$0$0
Net rental income or (loss)$0$0$0$0$0$0$0$0
Gross rents$0$0$0$0$0$0$0$0
Less: rental expenses$0$0$0$0$0$0$0$0
Other investment income$0$0$0$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$0$0$0$0$0$0$0$0
Gross amount from sales of assets other than inventory$0$0$0$0$0$0$0$0
Less: cost or other basis and sales expenses$0$0$0$0$0$0$0$0
Net income or (loss) from special events and activities$0$0$0$0$0$0$0$0
Gross revenue$0$0$0$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0$0$0$0
Other revenue$1,517,415$1,015,009$870,379$889,184$1,113,107$1,159,294$1,183,656$1,155,737
Total expenses$11,929,684$9,689,766$9,990,781$9,705,753$9,644,751$9,954,929$10,712,816$13,097,568
Program services$0$0$0$0$0$0$0$0
Management and general$0$0$0$0$0$0$0$0
Fundraising$0$0$0$0$0$0$0$0
Payments to affiliates$0$0$0$0$0$0$0$0
Net assets or fund balances at end of year$1,388,970$1,948,688$1,980,888$2,893,377$4,474,259$5,871,552$6,847,863$6,472,598
Excess or (deficit) for the year$-363,687$559,718$72,518$1,277,384$1,051,241$1,062,011$721,522$-610,921
Net assets or fund balances at beginning of year$1,710,159$1,388,970$1,948,688$1,980,888$2,893,377$4,474,259$5,871,552$6,847,863
Other changes in net assets or fund balances$42,498$0$-40,318$-364,895$529,641$335,282$254,789$235,656
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$13,097,568$0$0$0
Grants paid from donor advised funds$0
Other grants and allocations$4,550
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$932,423$0$0$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$4,608,589$0$0$0
Pension plan contributions not included above$366,448$0$0$0
Employee benefits not included above$319,390$0$0$0
Payroll taxes$375,952$0$0$0
Professional fundraising fees$142,664$0$0$0
Accounting fees$17,224$0$0$0
Legal fees$0$0$0$0
Supplies$78,319$0$0$0
Telephone$90,778$0$0$0
Postage and shipping$65,784$0$0$0
Occupancy$917,578$0$0$0
Equipment rental and maintenance$322,148$0$0$0
Printing and publications$77,463$0$0$0
Travel$338,942$0$0$0
Conferences, conventions, and meetings$24,084$0$0$0
Interest$334,788$0$0$0
Depreciation, depletion, etc.$279,329$0$0$0
Other expenses not covered above$3,801,115$0$0$0
Balance Sheets
20002001200220032004200520062007
Total assets$13,046,221$12,225,388$12,790,567$12,762,048$14,717,069$15,154,991$15,725,230$15,568,382
Cash - non-interest-bearing$993,290$908,295$1,827,786$1,690,137$0$0$0$0
Savings and temporary cash investments$0$0$0$0$2,823,453$3,222,086$5,523,196$5,242,837
Accounts receivable less allowance for doubtful accounts$314,893$214,814$268,125$673,997$232,619$367,403$280,396$123,679
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Grants receivable$0$0$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Inventories for sale or use$0$0$0$0$0$0$0$0
Prepaid expenses and deferred charges$55,424$128,494$81,296$84,800$92,581$101,403$79,455$125,249
Investments - publicly-traded securities$195,249$198,362
Investments - other securities$277,538$392,396$468,809$349,985$345,840$294,950$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0$0$0
Investments - other$0$0$0$0$500$500$0$0
Land, buildings, and equipment less accumulated depreciation$9,213,500$8,902,677$8,502,903$8,277,155$9,270,356$9,074,735$8,743,147$8,633,733
Other assets, including program-related investments$2,191,576$1,678,712$1,641,648$1,685,974$1,951,720$2,093,914$903,787$1,244,522
Total liabilities$11,657,251$10,276,700$10,809,679$9,868,671$10,242,810$9,283,439$8,877,367$9,095,784
Accounts payable and accrued expenses$2,066,326$1,238,753$2,206,847$1,679,082$1,858,577$1,555,461$1,826,841$2,283,197
Grants payable$0$0$0$0$0$0$0$0
Deferred revenue$2,194,782$2,153,586$1,782,677$2,113,867$2,216,003$1,939,945$1,685,422$1,792,781
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0$0$0
Mortgages and other notes payable$7,115,773$6,603,991$6,389,785$5,795,352$6,168,230$5,788,033$5,365,104$5,019,806
Other liabilities$280,370$280,370$430,370$280,370$0$0$0$0
Total liabilities and net assets/fund balances$13,046,221$12,225,388$12,790,567$12,762,048$14,717,069$15,154,991$15,725,230$15,568,382
Total net assets or fund balances$1,388,970$1,948,688$1,980,888$2,893,377$4,474,259$5,871,552$6,847,863$6,472,598
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001200220032004200520062007
Total revenue$11,565,997$10,249,484$10,063,299$10,983,137$10,695,992$11,016,940$11,434,338$12,486,647
Total revenue, gains, and other support per audited financial statements$11,552,562$9,391,830$9,733,449$10,250,220$10,946,899$10,547,036$11,321,249$13,213,916
Other expenses$4,065$0$-17,818$84,735$912,327$36,291$0$727,269
Net unrealized gains on investments$0$0$-40,318$84,735$11,920$11,781$0$0
Donated services and use of facilities$0$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0$0
Other$4,065$0$22,500$0$900,407$24,510$0$727,269
Other revenue$17,500$857,654$312,032$817,652$661,420$506,195$113,089$0
Investment expenses$0$0$0$0$0$0$0$0
Other$17,500$857,654$312,032$817,652$661,420$506,195$113,089$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001200220032004200520062007
Total expenses$11,929,684$9,689,766$9,990,781$9,705,753$9,644,751$9,954,929$10,712,816$13,097,568
Total expenses and losses per audited financial statements$11,929,684$9,689,767$9,990,781$9,705,753$9,644,751$9,954,929$10,557,352$13,097,568
Other revenue$0$1$0$0$0$0$0$0
Donated services and use of facilities$0$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$0$0
Other$0$1$0$0$0$0$0$0
Other expenses$0$0$0$0$0$0$155,464$0
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$155,464$0
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
60$720,075$14,314$0
40$212,348$13,732$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings106
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?No
Did the organization make only in-house lobbying expenditures of $2,000 or less?No
Dues, assessments, and similar amounts from members$5,475,793
Section 162(e) lobbying and political expenditures$184,637
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$383,306
Taxable amount of lobbying and political expenditures$-198,668
Does the organization elect to pay the section 6033(e) tax on the amount above?No
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?Yes
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 200693
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$41,813$212,201$9,103,483
Program service revenue
Program service revenue 1000000$000$0$2,471,953
Program service revenue 2Advertising and related services$41,81300$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$5,475,793
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$212,201$0
Dividends and interest from securities000000$000$0$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$000$0$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$1,155,737
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
581374872100%$136,222$-848,489
2017702130%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it is
Support Schedule
19992000200120022003200420052006
Total$0$0$0$0$0$0$0$0
Gifts, grants, and contributions received$0$0$0$0$0$0$0$0
Membership fees received$0$0$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0$0$0$0$0$0
Net income from unrelated business activities not included above$0$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0$0
Other income$0$0$0$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Metropolitan Atlanta Chamber Of Commerce Inc to others? (optional)
  
Add photo of Metropolitan Atlanta Chamber Of Commerce Inc (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1American Dietetic Association, Cedda Coastal Empire District Dietetic AssociationPo Box 14182, Savannah, GA 31416GA1940-05$40,173,683
2Professional Photographers Of America Inc229 Peachtree St Ne Ste 2200, Atlanta, GA 30303-1608GA1933-11$35,932,964
3Southern Motor Carriers Association Inc, Smc3500 Westpark Drive, Peachtree City, GA 30269-3558GA1945-04$21,420,239
4Metropolitan Atlanta Chamber Of Commerce Inc235 Andrew Young International Blvd, Atlanta, GA 30303-2718GA1936-02$14,040,260
5Georgia Electric Membership Corporation2100 E Exchange Pl Ste 510, Tucker, GA 30084-5313GA1978-11$13,135,656
6Asian American Hotel Owners Association1100 Abernathy Rd Ste 1100, Atlanta, GA 30328-5644GA1997-03$9,488,759
7Associated Regional Accounting Firms Inc1745 N Brown Rd Ste 350, Lawrenceville, GA 30043-8181GA1970-07$8,462,630
8Georgia Society Of Certified Public Accountants Inc6 Concourse Pkwy Ste 800, Atlanta, GA 30328-5369GA1997-07$7,622,633
9Georgia Chamber Of Commerce Inc270 Peachtree St Nw Ste 2200, Atlanta, GA 30303-1283GA1984-05$7,304,598
10Gwinnett Chamber Of Commerce Inc6500 Sugarloaf Pkwy, Duluth, GA 30097-7501GA1965-06$5,150,026
11Steamship Trade Association Of Baltimore Inc8615 Ridgelys Choice Dr Ste 202, Baltimore, MD 21236-3028MD1952-07$4,513,205
12Vigilant6825 Sw Sandburg St, Tigard, OR 97223-8009OR1962-01$4,029,831
13Illinois Ignition Interlock Assoc C/O Richard FreundCincinnati, OH 45212OH$64,000
14Holton/Jackson County Chamber Of CommerceHolton, KS 66436KS$52,517
15Technology Association Of Georgia Inc75 Fifth Street Nw, Atlanta, GA 30308-1019GA1999-08$3,585,971
16Wcit 2006 Inc201 Via Fortuna Ste 210, Austin, TX 78746TX2003-11$3,440,344
17Association Of Institutional Investors2001 K St Nw Ste 400, Washington, DC 20006-1040DC2011-10$1,285,000
18Texas Horsemens Partnership LlpPO BOX 142533 SUITE 250, Austin, TX 78714-2533TX2004-04$619,791
19Winston-Salem Alliance100 N Main St, Winston Salem, NC 27101-4047NC2001-02$549,973
20Smacna Of Northern Illinois Industry Fund6110 Broadcast Pkwy Ste B, Loves Park, IL 61111-8664IL1999-06$186,074
Number of organizations performing similar types of work
Alaska1
Alabama14
Arkansas10
Arizona14
California108
Colorado18
Connecticut12
District of Columbia78
Delaware7
Florida52
Georgia30
Hawaii5
Iowa18
Idaho2
Illinois80
Indiana24
Kansas12
Kentucky9
Louisiana15
Massachusetts29
Maryland25
Maine3
Michigan30
Minnesota26
Missouri27
Mississippi11
Montana5
North Carolina39
North Dakota1
Nebraska5
New Hampshire4
New Jersey25
New Mexico6
Nevada8
New York92
Ohio42
Oklahoma11
Oregon18
Pennsylvania48
Rhode Island4
South Carolina11
South Dakota9
Tennessee20
Texas75
Utah4
Virginia104
Vermont5
Washington26
Wisconsin21
West Virginia8
Wyoming3
International4
Total1,258

NonProfitFacts.com is not associated with, endorsed by, or sponsored by Metropolitan Atlanta Chamber Of Commerce Inc and has no official or unofficial affiliation with Metropolitan Atlanta Chamber Of Commerce Inc