Nonprofit · EIN 59-0578475
GREATER FORT WALTON BEACH AREA CHAMBER OF COMMERCE
Tax-exempt · FT WALTON BCH, FL 32549
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,007,010 | $963,989 | $43,021 | $392,820 | $248,020 | $144,800 |
| December 31, 2024 | 990 | $804,763 | $832,904 | -$28,141 | $282,216 | $180,437 | $101,779 |
| December 31, 2023 | 990 | $885,358 | $874,338 | $11,020 | $329,860 | $199,940 | $129,920 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $7,372
- Program service revenue
- $990,331
- Investment income
- $2,326
- Net rental income
- $3,700
- Net income from sales of inventory
- $342
- Other revenue
- $6,981
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $139,739
- Other salaries and wages
- $250,865
- Salaries, compensation and benefits (total)
- $418,752
- Professional fundraising fees
- $0
- Occupancy
- $37,905
- Travel
- $2,400
- Depreciation
- $6,262
Balance sheet and other
- Total assets, start of year
- $282,216
- Total assets, end of year
- $392,820
- Total liabilities, end of year
- $248,020
- Net assets, end of year
- $144,800
- Land, buildings and equipment
- $51,380
- Net assets without donor restrictions
- $144,800
- Gross receipts
- $1,007,012
- Employees
- 5
- Volunteers
- 75
- Year formed
- 1977
- State of legal domicile
- FL
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TED CORCORAN | PRESIDENT/CEO Officer | 40 | $139,739 |
| GORDON KING | CHAIR Trustee or director, Officer | 20 | $0 |
| BONNIE BARLOW | CHAIR-ELECT Trustee or director, Officer | 20 | $0 |
| STEPHEN PERKINS | IMMEDIATE PAST CHAIR Trustee or director, Officer | 20 | $0 |
| ALAN JOWERS | TREASURER Trustee or director, Officer | 5 | $0 |
| JARED WILLIAMS | EXECUTIVE COMMITTEE Trustee or director | 5 | $0 |
| CATHERINE CARD | EXECUTIVE COMMITTEE Trustee or director | 5 | $0 |
| KELLY JASON | BOARD DIRECTOR Trustee or director | 5 | $0 |
| BERNARD JOHNSON | BOARD DIRECTOR Trustee or director | 5 | $0 |
| HOLLY KARR | BOARD DIRECTOR Trustee or director | 5 | $0 |
| VINCE MAYFIELD | BOARD DIRECTOR Trustee or director | 5 | $0 |
| BOBBY NABORS | BOARD DIRECTOR Trustee or director | 5 | $0 |
| JERRY WILLIAMS | BOARD DIRECTOR Trustee or director | 5 | $0 |
| ASHLEY ALLEGRETTO | BOARD DIRECTOR Trustee or director | 5 | $0 |
| CHAD ROGERS | BOARD DIRECTOR Trustee or director | 5 | $0 |
10 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NATHAN SPARKS | BOARD DIRECTOR Trustee or director | 5 | $0 |
| SHANE WEDDLE | BOARD DIRECTOR Trustee or director | 5 | $0 |
| KEITH WOOD | BOARD DIRECTOR Trustee or director | 5 | $0 |
| ED BURNS | BOARD DIRECTOR Trustee or director | 5 | $0 |
| MIMI KINCAID | BOARD DIRECTOR Trustee or director | 5 | $0 |
| DANICA LAFAIRE | BOARD DIRECTOR Trustee or director | 5 | $0 |
| STEPHANIE LARABEE | BOARD DIRECTOR Trustee or director | 5 | $0 |
| SARAH PEAVY | BOARD DIRECTOR Trustee or director | 5 | $0 |
| KATIE ROSE ROBISON | BOARD DIRECTOR Trustee or director | 5 | $0 |
| ALBERT SOUSA | BOARD DIRECTOR Trustee or director | 5 | $0 |
990 for the year ended December 31, 2024: 30 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TED CORCORAN | PRESIDENT/CEO Officer | 40 | $132,423 |
| STEPHEN PERKINS | CHAIR Trustee or director, Officer | 20 | $0 |
| GORDON KING | CHAIR-ELECT Trustee or director, Officer | 20 | $0 |
| MAUREEN BIERMAN | IMMEDIATE PAST CHAIR Trustee or director, Officer | 20 | $0 |
| ALAN JOWERS | TREASURER Trustee or director, Officer | 5 | $0 |
| JARED WILLIAMS | EX OFFICIO - EXECUTIVE COM Trustee or director | 5 | $0 |
| BRUCE MARSHALL | LIFE DIRECTOR Trustee or director | 5 | $0 |
| JEANNE RIEF | LIFE DIRECTOR Trustee or director | 5 | $0 |
| KATHY HOUCHINS | LIFE DIRECTOR Trustee or director | 5 | $0 |
| LISA JO SPENCER | LIFE DIRECTOR Trustee or director | 5 | $0 |
| BONNIE BARLOW | EXECUTIVE COMMITTEE Trustee or director | 5 | $0 |
| BOBBY NABORS | EXECUTIVE COMMITTEE Trustee or director | 5 | $0 |
| ASHLEY ALLEGRETTO | BOARD DIRECTOR Trustee or director | 5 | $0 |
| CATHERINE CARD | BOARD DIRECTOR Trustee or director | 5 | $0 |
| MICHAEL JONES | BOARD DIRECTOR Trustee or director | 5 | $0 |
| CHAD ROGERS | BOARD DIRECTOR Trustee or director | 5 | $0 |
| NATHAN SPARKS | BOARD DIRECTOR Trustee or director | 5 | $0 |
| SHANE WEDDLE | BOARD DIRECTOR Trustee or director | 5 | $0 |
| KEITH WOOD | BOARD DIRECTOR Trustee or director | 5 | $0 |
| KELLY JASON | BOARD DIRECTOR Trustee or director | 5 | $0 |
| BERNARD JOHNSON | BOARD DIRECTOR Trustee or director | 5 | $0 |
| HOLLY KARR | BOARD DIRECTOR Trustee or director | 5 | $0 |
| JASON MONROE | BOARD DIRECTOR Trustee or director | 5 | $0 |
| JERRY WILLIAMS | BOARD DIRECTOR Trustee or director | 5 | $0 |
| ELIZABETH EULBERG | BOARD DIRECTOR Trustee or director | 5 | $0 |
| JAKIE HUBBELL | BOARD DIRECTOR Trustee or director | 5 | $0 |
| TIFFANY MERRELL | BOARD DIRECTOR Trustee or director | 5 | $0 |
| KARI PAINTER | BOARD DIRECTOR Trustee or director | 5 | $0 |
| JAMI SEARLE | BOARD DIRECTOR Trustee or director | 5 | $0 |
| HEATHER SEELY-PEREZ | BOARD DIRECTOR Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 31 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TED CORCORAN | PRESIDENT/CEO Officer | 40 | $127,594 |
| MAUREEN BIERMAN | CHAIR Trustee or director, Officer | 20 | $0 |
| STEPHEN PERKINS | CHAIR-ELECT/TREASURER Trustee or director, Officer | 20 | $0 |
| DANIEL GUSOFF | IMMEDIATE PAST CHAIR Trustee or director, Officer | 20 | $0 |
| HEATHER RUIZ | EX OFFICIO - EXECUTIVE COMMITTEE Trustee or director | 5 | $0 |
| MELISSA ALLEGRETTO | EX OFFICIO - EXECUTIVE COMMITTEE Trustee or director | 5 | $0 |
| BRUCE MARSHALL | LIFE DIRECTOR Trustee or director | 5 | $0 |
| JEANNE RIEF | LIFE DIRECTOR Trustee or director | 5 | $0 |
| KATHY HOUCHINS | LIFE DIRECTOR Trustee or director | 5 | $0 |
| LISA JO SPENCER | LIFE DIRECTOR Trustee or director | 5 | $0 |
| SHANTELLE DEDICKE | EXECUTIVE COMMITTEE Trustee or director | 5 | $0 |
| JARED WILLIAMS | EXECUTIVE COMMITTEE Trustee or director | 5 | $0 |
| BONNIE BARLOW | EXECUTIVE COMMITTEE Trustee or director | 5 | $0 |
| KARI PAINTER | EXECUTIVE COMMITTEE Trustee or director | 5 | $0 |
| HEATHER SEELY-PEREZ | EXECUTIVE COMMITTEE Trustee or director | 5 | $0 |
| JESSE BAUTISTA | BOARD DIRECTOR Trustee or director | 5 | $0 |
| TERESA HALVERSON | BOARD DIRECTOR Trustee or director | 5 | $0 |
| TODD JACKSON | BOARD DIRECTOR Trustee or director | 5 | $0 |
| TRISHA MARKS | BOARD DIRECTOR Trustee or director | 5 | $0 |
| DR DEVIN STEPHENSON | BOARD DIRECTOR Trustee or director | 5 | $0 |
| ELIZABETH EULBERG | BOARD DIRECTOR Trustee or director | 5 | $0 |
| JAKIE HUBBELL | BOARD DIRECTOR Trustee or director | 5 | $0 |
| TIFFANY MERRELL | BOARD DIRECTOR Trustee or director | 5 | $0 |
| JAMI SEARLE | BOARD DIRECTOR Trustee or director | 5 | $0 |
| GORDON KING | BOARD DIRECTOR Trustee or director | 5 | $0 |
| KELLY JASON | BOARD DIRECTOR Trustee or director | 5 | $0 |
| BERNARD JOHNSON | BOARD DIRECTOR Trustee or director | 5 | $0 |
| HOLLY KARR | BOARD DIRECTOR Trustee or director | 5 | $0 |
| JASON MONROE | BOARD DIRECTOR Trustee or director | 5 | $0 |
| BOBBY NABORS | BOARD DIRECTOR Trustee or director | 5 | $0 |
| JERRY WILLIAMS | BOARD DIRECTOR Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 640, FT WALTON BCH, FL 32549-0640
- Principal officer (990 for 2025)
- TED CORCORAN, PO BOX 640, FORT WALTON BEACH, FL 32549
- Signed the 990
- TED CORCORAN, PRESIDENT/CEO
- Phone
- (850) 244-8191
- Website
- WWW.FWBCHAMBER.ORG
- Return prepared by
- CRI ADVISORS LLC
Mission
TO STRENGTHEN LOCAL BUSINESSES AND ENHANCE THE QUALITY OF LIFE IN OUR COMMUNITY BY PROVIDING SERVICES WHICH HELP BUSINESSES HELP THEMSELVES.
Program accomplishments
- PROMOTE BUSINESS ENHANCEMENT AND COMMUNICATIONS WITHIN THE COMMUNITY.
- PROMOTE TOURISM IN THE AREA THROUGH NUMEROUS COMMUNITY EVENTS.
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 | 990 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
- 59-0578475
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1963
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $392,820
- Income (IRS master file)
- $1,007,012
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,007,010 | $963,989 | $392,820 | XML |
| 990 | December 2024 | $804,763 | $832,904 | $282,216 | XML |
| 990 | December 2023 | $885,358 | $874,338 | $329,860 | XML |
| 990 | December 2022 | $898,969 | $889,496 | $317,488 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 59-0578475).
Questions about GREATER FORT WALTON BEACH AREA CHAMBER OF COMMERCE
- What is the EIN of GREATER FORT WALTON BEACH AREA CHAMBER OF COMMERCE?
- The employer identification number (EIN) of GREATER FORT WALTON BEACH AREA CHAMBER OF COMMERCE is 59-0578475.
- Is GREATER FORT WALTON BEACH AREA CHAMBER OF COMMERCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1963.
- Are donations to GREATER FORT WALTON BEACH AREA CHAMBER OF COMMERCE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does GREATER FORT WALTON BEACH AREA 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 GREATER FORT WALTON BEACH AREA CHAMBER OF COMMERCE due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GREATER FORT WALTON BEACH AREA CHAMBER OF COMMERCE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of GREATER FORT WALTON BEACH AREA CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2025 names TED CORCORAN.
- Who are the officers and directors of GREATER FORT WALTON BEACH AREA CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2025 lists 25 people; 1 received compensation from the organization, the highest $139,739 (TED CORCORAN, PRESIDENT/CEO).
- How much revenue does GREATER FORT WALTON BEACH AREA CHAMBER OF COMMERCE have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,007,010, expenses of $963,989 and total assets of $392,820 at year end.
Other nonprofits in FT WALTON BCH
- LIZA JACKSON PREPARATORY SCHOOL EIN 59-3670866 · last filed 990 for 2025
- BOYS AND GIRLS CLUBS OF THE EMERALD COAST INC EIN 59-1267050 · last filed 990 for 2025
- HORIZONS OF OKALOOSA COUNTY INC EIN 59-3109969 · last filed 990 for 2025
- DESTIN HARVEST INC EIN 26-0343102 · last filed 990 for 2025
- EMERALD COAST ASSOCIATION OF REALTORS INC EIN 23-7420154 · last filed 990 for 2024
- PANHANDLE ANIMAL WELFARE SOCIETY INC AKA PAWS INC EIN 59-0815515 · last filed 990 for 2025
- CHILDREN IN CRISIS INC EIN 65-1196220 · last filed 990 for 2025
- FORT WALTON YACHT CLUB EIN 59-0677113 · last filed 990 for 2025