Skip to main content

Nonprofit · EIN 54-1627126

MARTINSVILLE-HENRY COUNTY CHAMBERS PARTNERSHIP FOR ECONOMIC GROWTH

Tax-exempt · MARTINSVILLE, VA 24114

Financials

$431K$414K2022$324K$345K2023$348K$354K2024
Revenue Expenses · by fiscal year end
Financials of MARTINSVILLE-HENRY COUNTY CHAMBERS PARTNERSHIP FOR ECONOMIC GROWTH by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$347,954$353,876-$5,922$1,059,211$59,235$999,976
June 30, 2024990$323,956$345,233-$21,277$1,048,023$89,306$958,717
June 30, 2023990$431,051$414,296$16,755$1,016,645$70,143$946,502
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$189,694
of which government grants
$119,525
Membership dues
$1,000
Program service revenue
$116,974
Investment income
$41,286
Other revenue
$0

Expenses

Grants and similar amounts paid
$111,009
Other salaries and wages
$22,021
Salaries, compensation and benefits (total)
$25,390
Professional fundraising fees
$0
Accounting fees
$8,900
Program services (functional)
$288,700
Management and general (functional)
$65,176

Balance sheet and other

Total assets, start of year
$1,048,023
Total assets, end of year
$1,059,211
Total liabilities, end of year
$59,235
Net assets, end of year
$999,976
Publicly traded securities
$679,163
Net assets without donor restrictions
$934,976
Net assets with donor restrictions
$65,000
Gross receipts
$347,954
Employees
0
Volunteers
0
Year formed
1992
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
AMANDA WITT-COXDIRECTOR
Trustee or director
2$0
MIKE GROGANDIRECTOR
Trustee or director
2$0
JOHN PARKINSONSECRETARY/TREASURER
Trustee or director, Officer
2$0
W CLAY CAMPBELLDIRECTOR
Trustee or director
2$0
STEVE DRAPERDIRECTOR
Trustee or director
2$0
TIMOTHY MARTINDIRECTOR
Trustee or director
2$0
CHARLES WHITFIELDDIRECTOR
Trustee or director
2$0
CHRIS LAWLESSDIRECTOR
Trustee or director
2$0
APRIL HAYNESDIRECTOR
Trustee or director
2$0
GREG HODGESDIRECTOR
Trustee or director
2$0
JASON DAVISDIRECTOR
Trustee or director
2$0
CINDY SUMMITDIRECTOR
Trustee or director
2$0
JAY DICKENSPRESIDENT
Trustee or director, Officer
3$0
990 for the year ended June 30, 2024: 15 people
NameTitleHours / weekCompensation
AMANDA WITT-COXIMMEDIATE PAST PRESIDENT
Trustee or director
2$0
MIKE GROGANDIRECTOR
Trustee or director
2$0
JOHN PARKINSONSECRETARY/TREASURER
Trustee or director, Officer
2$0
W CLAY CAMPBELLDIRECTOR
Trustee or director
2$0
STEVE DRAPERDIRECTOR
Trustee or director
2$0
TIMOTHY MARTINDIRECTOR
Trustee or director
2$0
CHARLES WHITFIELDDIRECTOR
Trustee or director
2$0
CHRIS LAWLESSDIRECTOR
Trustee or director
2$0
APRIL HAYNESDIRECTOR
Trustee or director
2$0
GREG HODGESDIRECTOR
Trustee or director
2$0
JASON DAVISDIRECTOR
Trustee or director
2$0
CINDY SUMMITDIRECTOR
Trustee or director
2$0
MARY NESTERDIRECTOR
Trustee or director
2$0
ARETHA FERRELL-BENAVIDESDIRECTOR
Trustee or director
2$0
JAY DICKENSPRESIDENT
Trustee or director, Officer
3$0
990 for the year ended June 30, 2023: 13 people
NameTitleHours / weekCompensation
AMANDA WITT-COXPRESIDENT
Trustee or director, Officer
3$0
MIKE GROGANIMMEDIATE PAST PRESIDENT
Trustee or director
2$0
JOHN PARKINSONSECRETARY/TREASURER
Trustee or director, Officer
2$0
W CLAY CAMPBELLDIRECTOR
Trustee or director
2$0
STEVE DRAPERDIRECTOR
Trustee or director
2$0
TIMOTHY MARTINDIRECTOR
Trustee or director
2$0
CHARLES WHITFIELDDIRECTOR
Trustee or director
2$0
CHRIS LAWLESSDIRECTOR
Trustee or director
2$0
APRIL HAYNESDIRECTOR
Trustee or director
2$0
LEON TOWARNICKIDIRECTOR
Trustee or director
2$0
JASON DAVISDIRECTOR
Trustee or director
2$0
CINDY SUMMITDIRECTOR
Trustee or director
2$0
DONNA MORRISONDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
PO BOX 709, MARTINSVILLE, VA 24114-0709
Principal officer (990 for 2024)
JOHN PARKINSON, PO BOX 709, MARTINSVILLE, VA 24112
Signed the 990
JOHN PARKINSON, TREASURER
Phone
(276) 632-6401
Return prepared by
HARRIS HARVEY NEAL & COLLPCPA'S

Mission

PRIVATE FUNDS AND SUPPORT FOR ECONOMIC DEVELOPMENT IN MARTINSVILLE-HENRY COUNTY

990 for the year ended June 30, 2025

Program accomplishments

  • PROVIDING FUNDS FOR ECONOMIC DEVELOPMENT PROJECTS IN MARTINSVILLE-HENRY COUNTY, VIRGINIA, AND ENCOURAGEMENT, PROMOTION, AND ASSISTANCE WITH ECONOMIC, CIVIC, AND CULTURAL DEVELOPMENT.
    Expenses $288,700 · grants $111,009 · revenue $158,260

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
54-1627126
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1993
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,059,211
Income (IRS master file)
$347,954

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$347,954$353,876$1,059,211IRS
990June 2024$323,956$345,233$1,048,023IRS
990June 2023$431,051$414,296$1,016,645XML
990June 2022$362,590$299,667$1,013,477IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––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 54-1627126).

Questions about MARTINSVILLE-HENRY COUNTY CHAMBERS PARTNERSHIP FOR ECONOMIC GROWTH

What is the EIN of MARTINSVILLE-HENRY COUNTY CHAMBERS PARTNERSHIP FOR ECONOMIC GROWTH?
The employer identification number (EIN) of MARTINSVILLE-HENRY COUNTY CHAMBERS PARTNERSHIP FOR ECONOMIC GROWTH is 54-1627126.
Is MARTINSVILLE-HENRY COUNTY CHAMBERS PARTNERSHIP FOR ECONOMIC GROWTH tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to MARTINSVILLE-HENRY COUNTY CHAMBERS PARTNERSHIP FOR ECONOMIC GROWTH tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MARTINSVILLE-HENRY COUNTY CHAMBERS PARTNERSHIP FOR ECONOMIC GROWTH 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 CHAMBERS PARTNERSHIP FOR ECONOMIC GROWTH 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 CHAMBERS PARTNERSHIP FOR ECONOMIC GROWTH 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 CHAMBERS PARTNERSHIP FOR ECONOMIC GROWTH?
The 990 for the year ended June 30, 2025 names JOHN PARKINSON.
Who are the officers and directors of MARTINSVILLE-HENRY COUNTY CHAMBERS PARTNERSHIP FOR ECONOMIC GROWTH?
The 990 for the year ended June 30, 2025 lists 13 people; 0 received compensation from the organization.
How much revenue does MARTINSVILLE-HENRY COUNTY CHAMBERS PARTNERSHIP FOR ECONOMIC GROWTH have?
On its 990 for the year ended June 30, 2025 it reported revenue of $347,954, expenses of $353,876 and total assets of $1,059,211 at year end.

Other nonprofits in MARTINSVILLE

All nonprofits in MARTINSVILLE · Virginia · Community improvement and capacity building