Nonprofit · EIN 58-1678629
GERMANTOWN CHAMBER OF COMMERCE
Tax-exempt · GERMANTOWN, TN 38138
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $627,864 | $639,076 | -$11,212 | $372,608 | $77,503 | $295,105 |
| December 31, 2023 | 990 | $623,650 | $667,993 | -$44,343 | $408,400 | $102,083 | $306,317 |
| December 31, 2022 | 990 | $564,206 | $566,531 | -$2,325 | $459,828 | $109,168 | $350,660 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $235,690
- of which government grants
- $60,000
- Membership dues
- $148,740
- Program service revenue
- $226,192
- Investment income
- $996
- Net rental income
- -$1,993
- Net income from fundraising events
- -$27,921
- Other revenue
- $164,986
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $90,223
- Other salaries and wages
- $164,874
- Salaries, compensation and benefits (total)
- $309,750
- Professional fundraising fees
- $0
- Occupancy
- $27,317
- Depreciation
- $11,777
- Program services (functional)
- $525,724
- Management and general (functional)
- $88,388
- Fundraising (functional)
- $24,964
Balance sheet and other
- Total assets, start of year
- $408,400
- Total assets, end of year
- $372,608
- Total liabilities, end of year
- $77,503
- Net assets, end of year
- $295,105
- Land, buildings and equipment
- $253,857
- Net assets without donor restrictions
- $295,105
- Gross unrelated business income
- $192,907
- Gross receipts
- $709,007
- Employees
- 3
- Volunteers
- 30
- Year formed
- 1973
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JANIE DAY | EXECUTIVE DI Officer | 40 | $90,233 |
| ANGIE BRASFIELD | CHAIR Trustee or director, Officer | 5 | $0 |
| MARK MCBRYDE | TREASURER Trustee or director, Officer | 5 | $0 |
| TOM SHELLEY | PAST CHAIR Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANGIE BRASFIELD | SECRETARY Trustee or director, Officer | 2 | $0 |
| MARK MCBRYDE | TREASURER Trustee or director, Officer | 2 | $0 |
| TOM SHELLEY | CHAIR Trustee or director, Officer | 2 | $0 |
| JANIE DAY | EXECUTIVE DI Officer | 40 | $0 |
990 for the year ended December 31, 2022: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANGIE BRASFIELD | SECRETARY Trustee or director, Officer | – | $0 |
| MARK MCBRYDE | TREASURER Trustee or director, Officer | – | $0 |
| GARY YENSER | CHAIR Trustee or director, Officer | – | $0 |
| JANIE DAY | EXECUTIVE DI Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 2195 S GERMANTOWN RD, GERMANTOWN, TN 38138-3819
- Principal officer (990 for 2024)
- JANIE DAY, 2195 S GERMANTOWN RD, GERMANTOWN, TN 38138
- Signed the 990
- JANIE DAY, EXECUTIVE DIRECTOR
- Phone
- (901) 755-1200
- Website
- WWW.GERMANTOWNCHAMBER.COM
- Return prepared by
- MARK W MCBRYDE CPA
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
Program accomplishments
- PROGRAM SERVICESExpenses $525,724 · revenue $226,192
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 58-1678629
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1991
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $372,608
- Income (IRS master file)
- $709,007
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $627,864 | $639,076 | $372,608 | XML |
| 990 | December 2023 | $623,650 | $667,993 | $408,400 | XML |
| 990 | December 2022 | $564,206 | $566,531 | $459,828 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 58-1678629).
Questions about GERMANTOWN CHAMBER OF COMMERCE
- What is the EIN of GERMANTOWN CHAMBER OF COMMERCE?
- The employer identification number (EIN) of GERMANTOWN CHAMBER OF COMMERCE is 58-1678629.
- Is GERMANTOWN CHAMBER OF COMMERCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1991.
- Are donations to GERMANTOWN CHAMBER OF COMMERCE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does GERMANTOWN CHAMBER OF COMMERCE 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 GERMANTOWN CHAMBER OF COMMERCE due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GERMANTOWN CHAMBER OF COMMERCE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of GERMANTOWN CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2024 names JANIE DAY.
- Who are the officers and directors of GERMANTOWN CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization, the highest $90,233 (JANIE DAY, EXECUTIVE DI).
- How much revenue does GERMANTOWN CHAMBER OF COMMERCE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $627,864, expenses of $639,076 and total assets of $372,608 at year end.
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- LOVE WORTH FINDING MINISTRIES INC EIN 58-1730035 · last filed 990 for 2025
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- BODINE OF GERMANTOWN INC EIN 62-0868869 · last filed 990 for 2025