By allowing ads to appear on this site, you support the local businesses who, in turn, support great journalism.
Chamber, CVB not-for-profit statues reinstated
Liberty County Chamber of Commerce

The 501(c) (6) status for both the Liberty County Chamber of Commerce and Liberty County CVB has been reinstated and retroactive from the time the IRS revoked the statuses.

“Of course we were very grateful for the patience of all of the elected officials and others for being patient as we worked through that,” said Chief Executive Officer Leah Poole.

In 2014 the IRS revoked the not-for-profit status of the LCCVB due to oversights made when filing. In 2017 the status was revoked for the LCCOC.

A 501(c)(6)  status is an Internal Revenue Code that, “provides for the exemption of business leagues, chambers of commerce, real estate boards, boards of trade and professional football leagues, which are not organized for profit and no part of the net earnings of which insures to the benefit of any private shareholder or individual,” according to the IRS website at irs.gov.

Once the oversight was detected by the LCCOC and LCCVB, the accounting firm Pedrick & Company stepped in to identify the oversights and refile the forms correctly. 

In August, the LCCOC received notice from the IRS that the status was reinstated retroactively from May 15, 2017, and in September the LCCVB status was reinstated retroactively from Nov. 15, 2014.

Pedrick & Company is now the accountant of record for both the LCCOC and LCCVB. 

“They’re extremely diligent in everything that they did,” Poole said. “They’re very thorough, and I probably signed my name 800 times.”


Sign up for our e-newsletters