Jackson & Madison County Chamber of Commerce
501(c)(6)
Only null% goes to programs Strong reserves Growing revenue
Jackson & Madison County Chamber of Commerce is a 501(c)(6) organization based in Jackson, Tennessee, registered in 1943, with $2,241,455 in FY2023 revenue. CharityIndex grades it B.
197 Auditorium St, Jackson, TN, 38301 EIN 62-0154490 Since 1943
Revenue (FY2023)
$2.2M
▲ 5.7% vs prior year
Expenses (FY2023)
$2.3M
Net assets
$2.3M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Jackson & Madison County Chamber of Commerce— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating12 mo reserves · -1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Jackson & Madison County Chamber of Commerce: 12 mo reserves · -1% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Jackson & Madison County Chamber of Commerce— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Jackson & Madison County Chamber of Commerce: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
Financial trends
Revenue grew from $1.2M (FY2013) to $2.2M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $553KNet assets $2.3M
Operating margin
-1.3%
Spent more than it raised in the latest fiscal year.
Total assets
$2.9M
Total liabilities
$553K
Net assets
$2.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $2,241,455▲5.7% | $2,269,942▲15.0% | $2,300,353▼13.4% | $2,852,948▼11.0% | 990 |
| 2022 | $2,120,625▼20.0% | $1,974,179▲20.0% | $2,654,811▲5.5% | $3,205,594▲7.9% | 990 |
| 2021 | $2,649,898▲146% | $1,645,533▲10.5% | $2,515,617▲66.5% | $2,971,599▲50.1% | 990 |
| 2020 | $1,076,357▼7.9% | $1,489,395▼18.3% | $1,511,252▼21.1% | $1,979,751▼19.4% | 990 |
| 2019 | $1,168,080▼9.5% | $1,823,652▲0.9% | $1,914,291▼25.5% | $2,456,420▼23.6% | 990 |
| 2018 | $1,290,263▲3.7% | $1,807,152▲5.8% | $2,569,866▼16.7% | $3,214,386▼12.0% | 990 |
| 2017 | $1,244,689▼65.0% | $1,707,816▼19.6% | $3,086,755▼13.0% | $3,653,539▼8.5% | 990 |
| 2016 | $3,558,242▲17.3% | $2,125,059▼27.3% | $3,549,882▲67.7% | $3,994,223▲53.1% | 990 |
| 2015 | $3,033,379▲35.2% | $2,921,190▲6.5% | $2,116,699▲5.6% | $2,608,466▼2.8% | 990 |
| 2014 | $2,243,343▲83.4% | $2,741,989▲60.3% | $2,004,510▼19.9% | $2,684,660▼16.4% | 990 |
| 2013 | $1,223,000 | $1,710,722▼13.6% | $2,503,156▼24.8% | $3,212,586▼15.9% | 990 |
| 2012 | — | $1,979,624▲3.9% | $3,328,689▼14.0% | $3,818,639▼12.8% | 990 |
| 2011 | — | $1,905,233 | $3,872,402 | $4,376,989 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $46K total
7 grants to Jackson & Madison County Chamber of Commerce totaling $46K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Leaders Credit Union | Forward jackson | 2024 | $7,200 |
| Leaders Credit Union | Forward jackson | 2023 | $7,200 |
| Leaders Credit Union | Forward jackson campaign to improve jackson. economic development capital campaign funded by local investors and focused on four initiatives: region and local economic development, tourism, workforce development and small businesses. | 2022 | $7,200 |
| Leaders Credit Union | Forward jackson campaign to improve jackson. economic development capital campaign funded by local investors and focused on four initiatives: region and local economic development, tourism, workforce development and small businesses. | 2021 | $6,000 |
| Leaders Credit Union | Forward jackson campaign to improve jackson. economic development capital campaign funded by local investors and focused on four initiatives: region and local economic development, tourism, workforce development and small businesses. | 2020 | $6,000 |
| Leaders Credit Union | Forward jackson campaign to improve jackson. economic development capital campaign funded by local investors and focused on four initiatives: regional and local economic development, tourism, workforce development and small businesses. | 2019 | $6,000 |
| Leaders Credit Union | Forward jackson campaign to improve jackson. economic development capital campaign funded by local investors and focused on four initiatives: regional and local economic development, tourism, workforce development and small businesses. | 2018 | $6,000 |
Frequently asked questions
- Is Jackson & Madison County Chamber of Commerce a legitimate nonprofit?
- Yes. Jackson & Madison County Chamber of Commerce is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 62-0154490, based in Jackson, Tennessee.
- What is Jackson & Madison County Chamber of Commerce's EIN?
- Jackson & Madison County Chamber of Commerce's Employer Identification Number (EIN) is 62-0154490.
- How much revenue does Jackson & Madison County Chamber of Commerce report?
- Jackson & Madison County Chamber of Commerce reported $2,241,455 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Jackson & Madison County Chamber of Commerce have?
- CharityIndex grades Jackson & Madison County Chamber of Commerce B, based on financial health (reserves and operating margin).
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Explore more
Data for Jackson & Madison County Chamber of Commerce (EIN 62-0154490) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.