2022-11-15T14:18:32-08:00 2021-12-31 582661650 Goldman & Company CPAs PC 3535 Roswell Rd Ste 32 Marietta GA 30062 990 2021-01-01 581048245 Forsyth County Chamber of Commerce Inc FORS 7708876461 PO Box 1799 Cumming GA 30028 James McCoy President & CEO 2022-11-15 true James McCoy 999009999 Russell S Goldman CPA P00480516 7704998558 2 AAL1 IAL1 FAL1 2021 2022-09-23 18:48:47Z PO Box 1799 Cumming GA 30028 2798428 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 65 64 13 0 10000 433640 1756650 2364133 -6272 655 0 1760378 2798428 0 0 1117289 1406602 0 0 587870 970987 1705159 2377589 55219 420839 989762 2011161 690887 1291442 298875 719719 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 1520082 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. 1520082 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 65 64 false false false false false false false true true false false true true false false false true true true false Jimmy Lane 7708876461 PO Box 1799 Cumming GA 30028 X Terry McCoy President 40.00 0.00 224083 0 9588 James Lane Executive VP 40.00 0.00 173969 0 4604 Lauren McDonald Director 0.00 0.00 X 0 0 0 Carter Patterson Past Chairman 2.00 0.00 X 0 0 0 Chris Etheridge Director 2.00 0.00 X 0 0 0 Scott Hutchison Chairman 2.00 0.00 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 Greg Dolezal Director 0.00 0.00 X 0 0 0 Mark Bond Director 0.00 0.00 X 0 0 0 Chris Braun Director 2.00 0.00 X 0 0 0 Derek Books 1st Chair Elect 2.00 0.00 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 Director 2.00 0.00 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 Michael Hare Director 2.00 0.00 X 0 0 0 Jodie Hart Director 2.00 0.00 X 0 0 0 David Hogan 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 Doug Jenkins Director 2.00 0.00 X 0 0 0 Quinn Martin Director 2.00 0.00 X 0 0 0 Eric Johnson Director 2.00 0.00 X 0 0 0 Wes McCall Director 2.00 0.00 X 0 0 0 Bruce Longmore 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 Cindy Mills 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 Laura Stephens 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 Vice President 2.00 0.00 X 0 0 0 Mike Weaver Director 2.00 0.00 X 0 0 0 Andrew Walker 2nd Chair-Elect 2.00 0.00 X 0 0 0 Adi Patel Director 2.00 0.00 X 0 0 0 Marvin Willis Secretary-Treas 2.00 0.00 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 Todd Evans Director 2.00 0.00 X 0 0 0 Pearl Cai Director 2.00 0.00 X 0 0 0 Patrick Abad Director 2.00 0.00 X 0 0 0 Ron Freeman Director 2.00 0.00 X 0 0 0 Sheri Gilligan Director 2.00 0.00 X 0 0 0 Steve Gooch 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 Will Wade Director 2.00 0.00 X 0 0 0 398052 14192 2 false true false 0 433640 433640 Communication 900099 370005 370005 Economic Development 900099 485056 485056 FC ED/TourismFun 900099 290032 290032 Forsyth County Service Fe 900099 355000 355000 Membership Services 900099 581158 581158 282882 282882 2364133 655 655 0 0 0 0 0 0 0 0 2798428 2364788 0 0 0 0 412244 71429 340815 0 756241 609034 147207 0 0 238117 148068 90049 0 0 0 0 0 0 290 290 61804 61804 28968 10233 18735 0 0 8256 8256 94058 69122 24936 0 404360 404360 0 0 20000 20000 11399 11399 Miscellaneous 109228 140 109088 Professional Fees 82039 82039 DUES AND SUBSCRIPTIONS 39575 13127 26448 Computer Expenses 35790 35790 75220 25621 49599 2377589 1412938 964651 0 575911 883934 0 0 224142 284806 0 0 0 0 79990 52500 195800 46456 81780 149344 0 0 0 1050 1050 26889 639527 989762 2011161 44940 44466 439421 447208 206521 217523 5 582245 690887 1291442 X 298875 719719 298875 719719 989762 2011161 X 420839 5 X false true X true false false false false false 39526 1317 38209 83711 29655 54056 72563 15484 57079 149344 Other Receivables 61939 Right to Use Asset 577588 639527 Right of Use Lease 582245 582245 X 2798428 2798428 2798428 2377589 2377589 2377589 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, 2021 and 2020.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, 2019 and 2018. The Chamber believes it is no longer subject to income tax examinations for tax years prior to 2016 X false false false James Lane Executive VP 122586 51383 4604 178573 Terry McCoy President 187083 37000 9588 233671 Form 990, Part VI, Line 11b: Form 990 Review Process 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, Line 15a: Compensation Review & Approval Process - CEO, Top Management All top officials salaries are authorized by the president and/or the board of directors. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees All officer and key employee salaries/wage rates are authorized by the president and/or the board of directors Form 990, Part VI, Line 19: Other Organization Documents Publicly Available Available Upon Request Other Changes In Net Assets Or Fund Balances - Other Increases Other = $5