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Nonprofit · EIN 54-0675121

MARTINSVILLE-HENRY COUNTY CHAMBER OF COMMERCE INC

Tax-exempt · MARTINSVILLE, VA 24114

Financials

$395K$399K2022$476K$422K2023$351K$322K2024
Revenue Expenses · by fiscal year end
Financials of MARTINSVILLE-HENRY COUNTY CHAMBER OF COMMERCE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$350,658$322,024$28,634$564,260$170,429$393,831
June 30, 2024990$475,925$422,050$53,875$498,229$133,032$365,197
June 30, 2023990$394,508$398,684-$4,176$405,807$94,485$311,322
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$92,355
Membership dues
$92,355
Program service revenue
$258,303
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$97,500
Other salaries and wages
$10,863
Salaries, compensation and benefits (total)
$126,323
Professional fundraising fees
$0
Accounting fees
$4,949
Occupancy
$14,101
Program services (functional)
$322,024

Balance sheet and other

Total assets, start of year
$498,229
Total assets, end of year
$564,260
Total liabilities, end of year
$170,429
Net assets, end of year
$393,831
Land, buildings and equipment
$43,349
Net assets without donor restrictions
$393,831
Gross receipts
$350,658
Employees
4
Volunteers
0
Year formed
1959
State of legal domicile
VA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
CORY HARTDIRECTOR
Trustee or director
0$0
KENDALL DAVISDIRECTOR
Trustee or director
0$0
AMY GUILLIAMSDIRECTOR
Trustee or director
0$0
KRISTOFF LIEVENSIMMEDIATE PAST CHAIR
Trustee or director
0$0
STEVE HEATHERLYDIRECTOR
Trustee or director
0$0
RICHARD REEDDIRECTOR
Trustee or director
0$0
CALLIE HEITALAVICE CHAIR OF MEMBERSHIP
Trustee or director, Officer
0$0
DANIEL NELSONDIRECTOR
Trustee or director
0$0
ANDREW PALMERVICE CHAIR OF ORGANIZATIONAL IMPROVEMENT
Trustee or director, Officer
0$0
GREG PRESTONDIRECTOR
Trustee or director
0$0
JONI TEMPLECHAIR
Trustee or director, Officer
0$0
SCOTT PRILLAMANVICE CHAIR OF ECONOMIC DEVELOPMENT
Trustee or director, Officer
0$0
COLBY SARVERDIRECTOR
Trustee or director
0$0
SHEILA SCOTTTREASURER/SECRETARY
Trustee or director, Officer
0$0
MONICA HATCHETTDIRECTOR
Trustee or director
0$0
1 more people on this return
NameTitleHours / weekCompensation
JOE SUMNERVICE CHAIR OF GOVERNMENT AFFAIRS
Trustee or director, Officer
0$0
990 for the year ended June 30, 2024: 19 people
NameTitleHours / weekCompensation
DESHANTA HAIRSTONDIRECTOR
Trustee or director
0$0
MARY HANDYSECRETARY/TREASURER
Trustee or director, Officer
0$0
ANNE JACOBSEN-SMITHCHAIRPERSON
Trustee or director, Officer
0$0
KRISTOFF LIEVENSVICE CHAIR OF ORGANIZATION
Trustee or director, Officer
0$0
LARISSA RASHDIRECTOR
Trustee or director
0$0
RICHARD REEDDIRECTOR
Trustee or director
0$0
EDDIE CASSIDYDIRECTOR
Trustee or director
0$0
CARLIE SMITHDIRECTOR
Trustee or director
0$0
GEORGE DICKENSIMMEDIATE PAST CHAIRPERSON
Trustee or director
0$0
TERRI STITZDIRECTOR
Trustee or director
0$0
JONI TEMPLEVICE CHAIR OF MEMBERSHIP D
Trustee or director, Officer
0$0
BILLY KIRBYVICE CHAIS OF ECOMOMIC DEV
Trustee or director, Officer
0$0
WAYNE DRAPERDIRECTOR
Trustee or director
0$0
JAMES SOUTERDIRECTOR
Trustee or director
0$0
MONICA HATCHETTDIRECTOR
Trustee or director
0$0
JAPHET LEGRANTDIRECTOR
Trustee or director
0$0
SPENCER THOMASVICE CHAIR OF GOVERNMENT A
Trustee or director, Officer
0$0
SUSAN SABINDIRECTOR
Trustee or director
0$0
RHONDA HODGESDIRECTOR
Trustee or director
0$0
990 for the year ended June 30, 2023: 21 people
NameTitleHours / weekCompensation
Lisa WatkinsPresident
Officer, Key employee, Highest-paid employee, Former
40$48,659
Brenell ThomasPresident
Officer, Key employee, Highest-paid employee
40$23,750
DeShanta HairstonDirector
Trustee or director
–$0
Mary HandySecretary/Treasurer
Trustee or director, Officer
–$0
Rhonda HodgesDirector
Trustee or director
–$0
Kristoff LievensVice Chair of Organizational Imp
Trustee or director, Officer
–$0
Larissa RashDirector
Trustee or director
–$0
Richard ReedDirector
Trustee or director
–$0
Eddie CassadyDirector
Trustee or director
–$0
Carlie SmithDirector
Trustee or director
–$0
George DickensImmed Past Chair
Trustee or director
–$0
Terri StutzDirector
Trustee or director
–$0
Joni TempleVice Chair of Membership Services
Trustee or director, Officer
–$0
Billy KirbyVice Chair of Economic Development
Trustee or director, Officer
–$0
Wayne DraperDirector
Trustee or director
–$0
James SouterDirector
Trustee or director
–$0
Monica HatchettDirector
Trustee or director
–$0
Japhet LeGrantDirector
Trustee or director
–$0
Spencer ThomasVice Chair of Govt Affairs
Trustee or director, Officer
–$0
Susan SabinDirector
Trustee or director
–$0
Anne Jacobsen-SmithChairman
Trustee or director, Officer
–$0

Address and contacts

Address (IRS master file)
PO BOX 709, MARTINSVILLE, VA 24114-0709
Principal officer (990 for 2024)
ANNE JACOBSEN-SMITH, PO BOX 709, MARTINSVILLE, VA 24114
Signed the 990
BRENELL THOMAS, CHAIRPERSON
Phone
(276) 632-6401
Return prepared by
HARRIS HARVEY NEAL & COLLPCPA'S

Mission

THE MARTINSVILLE-HENRY COUNTY CHAMBER OF COMMERCE, INC. IS ORGANIZED FOR THE PURPOSE OF ADVANCING THE COMMERCIAL, INDUSTRIAL, AND CIVIC INERESTS OF THE CITY OF MARTINSVILLE AND HENRY COUNTY, VIRGINIA

990 for the year ended June 30, 2025

Program accomplishments

  • THE MARTINSVILLE-HENRY COUNTY CHAMBER OF COMMERCE, INC. IS ORGANIZED FOR THE PURPOSE OF ADVANCING THE COMMERCIAL, INDUSTRIAL, AND CIVIC INERESTS OF THE CITY OF MARTINSVILLE AND HENRY COUNTY, VIRGINIA
    Expenses $322,024

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
54-0675121
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1964
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$564,260
Income (IRS master file)
$350,658

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$350,658$322,024$564,260IRS
990June 2024$475,925$422,050$498,229IRS
990June 2023$394,508$398,684$405,807XML
990June 2022$322,135$328,115$399,895IRS
990June 2021–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-0675121).

Questions about MARTINSVILLE-HENRY COUNTY CHAMBER OF COMMERCE INC

What is the EIN of MARTINSVILLE-HENRY COUNTY CHAMBER OF COMMERCE INC?
The employer identification number (EIN) of MARTINSVILLE-HENRY COUNTY CHAMBER OF COMMERCE INC is 54-0675121.
Is MARTINSVILLE-HENRY COUNTY CHAMBER OF COMMERCE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1964.
Are donations to MARTINSVILLE-HENRY COUNTY CHAMBER OF COMMERCE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MARTINSVILLE-HENRY COUNTY CHAMBER OF COMMERCE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MARTINSVILLE-HENRY COUNTY CHAMBER OF COMMERCE INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MARTINSVILLE-HENRY COUNTY CHAMBER OF COMMERCE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of MARTINSVILLE-HENRY COUNTY CHAMBER OF COMMERCE INC?
The 990 for the year ended June 30, 2025 names ANNE JACOBSEN-SMITH.
Who are the officers and directors of MARTINSVILLE-HENRY COUNTY CHAMBER OF COMMERCE INC?
The 990 for the year ended June 30, 2025 lists 16 people; 0 received compensation from the organization.
How much revenue does MARTINSVILLE-HENRY COUNTY CHAMBER OF COMMERCE INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $350,658, expenses of $322,024 and total assets of $564,260 at year end.

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