2023-11-15T13:49:44-08:00 2022-12-31 582661650 Goldman & Company CPAs PC 3535 Roswell Rd Ste 32 Marietta GA 30062 990 2022-01-01 581048245 Forsyth County Chamber of Commerce Inc FORS 7708876461 PO Box 1799 Cumming GA 30028 James McCoy President & CEO 2023-11-15 true James McCoy 999009999 true Russell S Goldman CPA P00480516 7704998558 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z PO Box 1799 Cumming GA 30028 2337249 false X www.cummingforsythchamber.org X 1954 GA To be the voice of business and to provide leadership, information and solutions that will foster a strong economic environment and a superior quality of life in City of Cumming and Forsyth County, Georgia 61 64 13 0 433640 0 2364133 2336540 655 709 0 2798428 2337249 0 0 1406602 1516666 0 0 970987 1447312 2377589 2963978 420839 -626729 2011161 1274943 1291442 1181953 719719 92990 To be the voice of business and to provide leadership, information and solutions that will foster a strong economic environment and a superior quality of life in City of Cumming and Forsyth County, Georgia false false 2001487 Through the financial support of its Members, The Organization answers inquiries from states, territories, and foreign countries, and provides information to visitors and newcomers regarding local businesses' products and services. 2001487 false false false true false false false false false true false false true true true true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 13 0 true 13 true false false false false false false false false X 61 64 false false false false false false false true true false false true true false false false true true true false James McCoy 7708876461 PO Box 1799 Cumming GA 30028 X Terry McCoy President 40.00 0.00 221333 0 3600 Leigh Ann Cannady Director 2.00 0.00 X 0 0 0 Carter Patterson Director 2.00 0.00 X 0 0 0 Chris Etheridge Director 2.00 0.00 X 0 0 0 Scott Hutchison Past-Chair 2.00 0.00 X X 0 0 0 Cater Barrett Director 2.00 0.00 X 0 0 0 Phil Bauer Director 2.00 0.00 X 0 0 0 Dr Jeff Bearden Director 2.00 0.00 X 0 0 0 Kristen Cook Director 2.00 0.00 X 0 0 0 Mark Bond Director 2.00 0.00 X 0 0 0 Chris Braun Director 2.00 0.00 X 0 0 0 Derek Brooks Chairman 2.00 0.00 X X 0 0 0 Troy Brumbalow Director 2.00 0.00 X 0 0 0 Logan Butler Director 2.00 0.00 X 0 0 0 Brandon Hartley Director 2.00 0.00 X 0 0 0 Steve Cooper 2nd Chair-Elect 2.00 0.00 X X 0 0 0 Bert Durand Director 2.00 0.00 X 0 0 0 Larry Duckworth Director 2.00 0.00 X 0 0 0 Amita Dhawan Director 2.00 0.00 X 0 0 0 Jodie Hart Director 2.00 0.00 X 0 0 0 Angie Lee Director 2.00 0.00 X 0 0 0 Mike Crumbley Director 2.00 0.00 X 0 0 0 Blake House Director 2.00 0.00 X 0 0 0 Parish Patel Director 2.00 0.00 X 0 0 0 Quinn Martin Director 2.00 0.00 X 0 0 0 Doug Shaw Director 2.00 0.00 X 0 0 0 Wes McCall Director 2.00 0.00 X 0 0 0 Rupal Vaishnav Director 2.00 0.00 X 0 0 0 Anna Lyle Director 2.00 0.00 X 0 0 0 Pat Malaney Director 2.00 0.00 X 0 0 0 Joanne Sanders Director 2.00 0.00 X 0 0 0 Matt McClure Director 2.00 0.00 X 0 0 0 Mary Hellen McGruder Director 2.00 0.00 X 0 0 0 Scott Jordan Director 2.00 0.00 X 0 0 0 Adrian Flack Director 2.00 0.00 X 0 0 0 Jason Pruitt Director 2.00 0.00 X 0 0 0 Jan Rooney Director 2.00 0.00 X 0 0 0 Bob Russell Director 2.00 0.00 X 0 0 0 Alfred John Director 2.00 0.00 X 0 0 0 Steve Ryerse Director 2.00 0.00 X 0 0 0 Andrew Shannon Director 2.00 0.00 X 0 0 0 Judge Phil Smith Director 2.00 0.00 X 0 0 0 Mike Sobh Director 2.00 0.00 X 0 0 0 Brian Tam Director 2.00 0.00 X 0 0 0 Dr Joanne Tolleson Director 2.00 0.00 X 0 0 0 Jeff Butterworth Director 2.00 0.00 X 0 0 0 Andrew Walker 1st Chair-Elect 2.00 0.00 X X 0 0 0 Kevin Tanner Director 2.00 0.00 X 0 0 0 Marvin Willis Secretary-Treas 2.00 0.00 X X 0 0 0 Charel Palmer Director 2.00 0.00 X 0 0 0 James McCoy President & CEO 40.00 0.00 X X 0 0 0 Alissa Tanner Director 2.00 0.00 X 0 0 0 Stephanie Woody Director 2.00 0.00 X 0 0 0 Bob McLeod Director 2.00 0.00 X 0 0 0 Kevin McDonough Director 2.00 0.00 X 0 0 0 Pearl Cai Director 2.00 0.00 X 0 0 0 Kristen Morrissey Director 2.00 0.00 X 0 0 0 Lynn Jackson Director 2.00 0.00 X 0 0 0 Ann-Margaret Johnston Director 2.00 0.00 X 0 0 0 Tracy Moon Director 2.00 0.00 X 0 0 0 David Seago Director 2.00 0.00 X 0 0 0 Terry Smith Director 2.00 0.00 X 0 0 0 221333 3600 1 false true false 0 0 Economic Development 900099 497249 497249 FC ED/TourismFun 900099 421160 421160 Forsyth County 900099 389848 389848 Forsyth County Service Fe 900099 310000 310000 Membership Services 900099 448182 448182 270101 270101 2336540 709 709 0 0 0 0 0 0 0 0 2337249 2337249 0 0 0 0 224933 224933 0 962212 861080 101132 0 0 329521 231031 98490 0 0 0 0 0 0 0 87020 82068 4952 5557 35 5522 0 0 117564 117564 109708 80082 29626 0 386260 386260 7645 7645 0 26488 26488 6794 6794 Professional Development 254899 249587 5312 Professional Fees 120616 26181 94435 Bad Debt Expense 87090 87090 Computer Expenses 51900 51900 185771 85163 100608 2963978 2001487 962491 0 883934 291826 0 0 284806 180559 0 0 0 0 52500 30144 210337 72944 149344 137393 0 0 0 1050 1050 639527 633971 2011161 1274943 44466 120612 447208 384878 217523 180228 582245 496235 1291442 1181953 X 719719 92990 719719 92990 2011161 1274943 -626729 X false true X true false false false false false 39526 3953 35573 99191 43549 55642 71620 25442 46178 137393 Other Receivables 146389 Right to Use Asset 487582 633971 -Current Portion 107008 Right of Use Lease 389227 496235 X 2337249 2337249 2337249 2958448 2958448 5530 5530 2963978 Part X : FIN48 Footnote The Chamber qualified as a tax-exempt organization as described in the Internal Revenue Code Section 501(c)(6). In addition, the Chamber qualified for the charitable contribution deduction under Section 170(b)(I)(A) and has been classified as an organization other than a private foundation under Section 509(a)(2). Accordingly, no provision for income taxes has been made in the accompanying financial statements.The Chamber is subject to unrelated business income tax on certain income not directly related to the Chambers tax-exempt purpose. In the opinion of management, the Chamber did not have any unrelated business income tax liabilities at December 31, 2022 and 2021.FASB ASC topic 740, Income Taxes, provides guidance for how uncertain tax positions should be recognized, measured, presented, and disclosed in financial statements. FASB ASC topic 740 requires the evaluation of tax positions taken or expected to be taken in the course of preparing the Chambers tax returns to determine whether the tax positions would more-likely-than-not be sustained if challenged by an applicable tax authority. Tax positions not deemed to meet the more-likely-than-not threshold would be recorded as a tax benefit or expense in the current year. The Chamber evaluates its uncertain tax positions using the provisions of FASB ASC topic 450, Contingencies.Management believes there are no material estimates or amounts relating to uncertain tax positions that should be accrued as of December 31, 2022 and 2021. The Chamber believes it is no longer subject to income tax examinations for tax years prior to 2020. Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Depreciation $5530 X false false false Terry McCoy President 193750 27583 3600 224933 Form 990, Part VI, Section B, Line 11b Form 990 is prepared by and independent CPA firm and reviewed by the organization's top management. The reviewed for 990 is then forwarded to the board for review and approval prior to filing with the IRS. Form 990, Part VI, Section B, Line 15a All top officials salaries are authorized by the president and/or the board of directors. Form 990, Part VI, Section B, Line 15b All officer and key employee salaries/wage rates are authorized by the president and/or the board of directors Form 990, Part VI, Section C, Line 19 Available Upon Request