Tug Valley Chamber Of Commerce Inc in Williamson, West Virginia (WV)

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Tug Valley Chamber Of Commerce Inc
Employer Identification Number (EIN)550312800
Name of OrganizationTug Valley Chamber Of Commerce Inc
In Care of NameNatalie Young
Address73 E 2nd Ave, Williamson, WV 25661-3537
ActivitiesBusiness promotion (chamber of commerce, business league, etc.), Attracting new industry or retaining industry in an area
SubsectionChamber of Commerce
Ruling Date12/2011
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$25,000 to $99,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$27,446
Amount of Income$118,525
Form 990 Revenue Amount$80,132
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Promotion of Business


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Amount of income in 2012: $118,525
Tug Valley Chamber Of Commerce Inc: 

 $118,525
Other organizations performing similar types of work: 

 $88,861

Assets in 2012: $27,446
Tug Valley Chamber Of Commerce Inc: 

 $27,446
Other organizations performing similar types of work: 

 $51,691

Expenses in 2012: $74,496
Tug Valley Chamber Of Commerce Inc: 

 $74,496
Other organizations performing similar types of work: 

 $80,127

Income to expenses ratio in 2012: 1.6
Tug Valley Chamber Of Commerce Inc: 

 1.6
Other organizations performing similar types of work: 

 0.8

Grants share in income in 2012: 49.5%
This organization: 

 49.5%
Other organizations performing similar types of work: 

 1.0%

Financial snapshot for 2012 ($)

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?No
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$80,132
Contributions, Gifts, Grants and Other Similar Amounts$39,683
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
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$12,329
Gross income from fundraising events$12,329
Less: direct expenses$0
Net income from gaming activities$0
Net income from sales of inventory$28,120
Gross sales of inventory, less returns and allowances$66,513
Less: cost of goods sold$38,393
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$74,496
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$20,085
Payroll taxes$0
Professional fundraising services$0
Other$54,411
Balance Sheet (for 2012)
Total assets$27,446
Total liabilities$72
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$72
Total net assets or fund balances$27,374
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
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Retail Merchant Assn Of Tidewater Va Inc, Ta Retail Alliance838 Granby St, Norfolk, VA 23510-2051VA2008-09$17,149,516
2San Joaquin Valley Winegrowers Association7030 N Fruit Avenue, Fresno, CA 93711-0782CA2008-11$175,202
3441 Heritage Corridor Inc300 North Thomas Street, Athens, GA 30601GA2000-07$56,377
4Central Lmc Inc3150 Rt 60, Ona, WV 25545-9507WV2011-07$790,156
5West Virginia Society Of International Pain Physicians Inc46 Quarry Ridge Road, Charleston, WV 25301WV2003-05$306,610
6Ranson Convention & Visitors Bureau312 S Mildred St, Ranson, WV 25438-1621WV2009-11$265,884
7West Virginia Housing Institute IncPO BOX 2182, Charleston, WV 25328-2182WV2006-09$260,710
8West Virginia Insurance Federation IncPO BOX 11887, Charleston, WV 25339-1887WV2013-01$209,601
9Gilmer Braxton Technology Institute Inc1201 Flower Street, Cedarville, WV 26611WV2007-04$200,000
10Wayne County Economic Development AuthorityPO BOX 519, Wayne, WV 25570-0519WV1999-08$193,580
11Upshur County Convention And Visitors BureauPO BOX 817, Buckhannon, WV 26201-0817WV2011-03$164,112
12West Virginia Land & Mineral Owners CouncilPO BOX 761, Charleston, WV 25323-0761WV2002-11$125,161
13City Of Nitro Convention And Vistors BureauPO BOX 395, Nitro, WV 25143-0395WV2014-08$120,760
14Tug Valley Chamber Of Commerce Inc73 E 2nd Ave, Williamson, WV 25661-3537WV2011-12$118,525
15Wetzel County Convention & Visitors Bureau136 Main St, N Martinsvlle, WV 26155-1212WV2010-04$108,698
16Hardy County Convention And Visitors Bureau122 North Main Street, Moorefield, WV 26836WV2009-11$79,454
17Pocahontas County Chamber Of CommercePo Box 272, Marlinton, WV 24954WV2014-08$62,915
18Bgn Convention & Visitors Bureau Inc, Three Rivers Travel Council206 Temple St, Hinton, WV 25951-2331WV2011-09$56,870
19West Virginia Hardwood Alliance Zone Inc10 Eleventh Street, Elkins, WV 26241-5500WV2005-11$56,431
20West Virginia Cemetery Association2210 Washington Street E, Charleston, WV 25311WV2014-04$50,667
Number of organizations performing similar types of work
Alaska94
Alabama235
Arkansas185
Arizona346
California1,926
Colorado437
Connecticut191
District of Columbia411
Delaware63
Florida987
Georgia500
Hawaii127
Iowa226
Idaho137
Illinois781
Indiana331
Kansas211
Kentucky222
Louisiana232
Massachusetts358
Maryland360
Maine108
Michigan504
Minnesota341
Missouri377
Mississippi119
Montana114
North Carolina452
North Dakota65
Nebraska146
New Hampshire92
New Jersey401
New Mexico156
Nevada171
New York967
Ohio640
Oklahoma208
Oregon366
Pennsylvania679
Rhode Island73
South Carolina192
South Dakota91
Tennessee282
Texas1,208
Utah166
Virginia613
Vermont69
Washington451
Wisconsin359
West Virginia109
Wyoming44
International34
Total17,957

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