MONTCROSS AREA CHAMBER OF COMMERCE

Address
PO BOX 368
BELMONT, NC 28012
Contact
Phone: +1 (704) 825-5307
Nonprofit
NTEE: S41 - Promotion of Business
EIN: 56-0710166

Mission

CHAMBER OF COMMERCE
 20162015201420132012
Basic features of the organization
Year of formation2008
Subsection code06
PF filing required0    
Metropolitan statistical area1520
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$110,725.00$109,000.00$111,652.00$123,861.00$112,137.00
Sum of reportable (W2/1099) compensation$113,255.00$115,783.00$127,478.00$123,861.00 
Number of employees33433
Number of volunteers2727272727
Personnel
Atterberry, Liz
TitleADMINADMINADMIN  
Name of key/compensated personLIZ ATTERBERRYLIZ ATTERBERRYLIZ ATTERBERRY  
Position of compensated person
Current key employee (> $150k)TrueTrueTrue  
Average hours per week working for org5.005.005.00  
Reportable compensation from org$3,255.00$5,485.00$1,240.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Hall, Ted
TitleDIRECTORDIRECTORDIRECTORDIRECTORDIRECTOR
Name of key/compensated personTED HALLTED HALLTED HALLTED HALLTED HALL
Position of compensated person
Average hours per week working for org40.0040.0040.0040.0040.00
Reportable compensation from org$65,000.00$65,159.00$66,118.00$57,580.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$54,372.00
Rankin, Teresa
TitleASST DIRECTORASST DIRECTORASST DIRECTORASST DIRECTORASST DIRECTOR
Name of key/compensated personTERESA RANKINTERESA RANKINTERESA RANKINTERESA RANKINTERESA RANKIN
Position of compensated person
Current key employee (> $150k)TrueTrueTrueTrueTrue
Average hours per week working for org40.0040.0040.0040.0040.00
Reportable compensation from org$45,000.00$45,139.00$45,533.00$40,000.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$39,417.00
Ray, Deborah
Title  ADMINADMINADMIN
Name of key/compensated person  DEBORAH RAYDEBORAH RAYDEBORAH RAY
Position of compensated person
Current key employee (> $150k)  TrueTrueTrue
Average hours per week working for org  40.0040.0040.00
Reportable compensation from org  $14,587.00$26,281.00$0.00
Other comp, non-reportable, from org and related orgs  $0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00$16,347.00
Purpose: mission, activities, & accomplishments
Mission or significant activitiesCHAMBER OF COMMERCE PROMOTE TRADE AND COMMERECE OF BUSINESS ACTIVIIIES IN AND AROUND THE AREA OF BELMONT, NCCHAMBER OF COMMERCE PROMOTE TRADE AND COMMERECE OF BUSINESS ACTIVIIIES IN AND AROUND THE AREA OF BELMONT, NCCHAMBER OF COMMERCE PROMOTE TRADE AND COMMERECE OF BUSINESS ACTIVIIIES IN AND AROUND THE AREA OF BELMONT, NCCHAMBER OF COMMERCE PROMOTE TRADE AND COMMERECE OF BUSINESS ACTIVIIIES IN AND AROUND THE AREA OF BELMONT, NCCHAMBER OF COMMERCE PROMOTE TRADE AND COMMERECE OF BUSINESS ACTIVIIIES IN AND AROUND THE AREA OF BELMONT, NC
Programs, including revenue & expenses
THE ENTITY PROMOTES COMMERECE AND TRADE IN AND AROUND BELMONT, NC THORUGH COORDINATION OF MERCHANT ACTIVITIES INCLUDING TRADE SHOWS, EDUCATIONAL SEMINARS, NETWORKING EVENTS AND PROMOTION OF COMMUNITY ACTIVITIES
Program descriptionTHE ENTITY PROMOTES COMMERECE AND TRADE IN AND AROUND BELMONT, NC THORUGH COORDINATION OF MERCHANT ACTIVITIES INCLUDING TRADE SHOWS, EDUCATIONAL SEMINARS, NETWORKING EVENTS AND PROMOTION OF COMMUNITY ACTIVITIESTHE ENTITY PROMOTES COMMERECE AND TRADE IN AND AROUND BELMONT, NC THORUGH COORDINATION OF MERCHANT ACTIVITIES INCLUDING TRADE SHOWS, EDUCATIONAL SEMINARS, NETWORKING EVENTS AND PROMOTION OF COMMUNITY ACTIVITIESTHE ENTITY PROMOTES COMMERECE AND TRADE IN AND AROUND BELMONT, NC THORUGH COORDINATION OF MERCHANT ACTIVITIES INCLUDING TRADE SHOWS, EDUCATIONAL SEMINARS, NETWORKING EVENTS AND PROMOTION OF COMMUNITY ACTIVITIESTHE ENTITY PROMOTES COMMERECE AND TRADE IN AND AROUND BELMONT, NC THORUGH COORDINATION OF MERCHANT ACTIVITIES INCLUDING TRADE SHOWS, EDUCATIONAL SEMINARS, NETWORKING EVENTS AND PROMOTION OF COMMUNITY ACTIVITIESTHE ENTITY PROMOTES COMMERECE AND TRADE IN AND AROUND BELMONT, NC THORUGH COORDINATION OF MERCHANT ACTIVITIES INCLUDING TRADE SHOWS, EDUCATIONAL SEMINARS, NETWORKING EVENTS AND PROMOTION OF COMMUNITY ACTIVITIES
Financial data
Revenue
Total revenue$169,227.00$182,792.00$238,251.00$172,867.00$212,066.00
Revenue from contributions (total)$108,730.00$109,110.00$161,797.00$88,461.00$127,476.00
Investment income, current yr$11.00$8.00$13.00$24.00$52.00
Total revenue from grants, etc., current yr$108,730.00$109,110.00$161,797.00$88,461.00$127,476.00
Total unrelated business revenue$44,975.00$37,736.00$0.00$0.00$0.00
Other revenue, current yr$44,964.00$61,748.00$69,391.00$84,382.00$84,538.00
Program service revenue (total)$15,522.00$11,926.00$7,050.00$0.00$0.00
Gross receipts$211,462.00$223,534.00$271,697.00$205,326.00$212,066.00
Sources of contributions
Contributions revenue from membership dues$103,730.00$104,110.00$90,905.00$72,783.00$58,850.00
Revenue from fundraising events  $65,892.00 $68,626.00
Revenue from gov't grants$5,000.00$5,000.00$5,000.00$5,000.00 
Revenue from all other contributions   $10,678.00 
Other types of revenue
Miscellaneous revenue (total) $24,020.00$36,945.00$53,395.00$84,538.00
Income from dividends, interest, and similar investments$11.00$8.00$13.00$24.00$52.00
Net rental income $0.00$0.00$0.00$0.00
Net income from fundraising events$44,964.00$37,728.00$32,446.00$30,987.00 
Expense categories (totals)
Total functional expenses: sum of all$157,921.00$158,987.00$175,470.00$186,184.00$188,632.00
Total functional expenses: program service $143,326.00$154,585.00$158,150.00$170,731.00$131,518.00
Total functional expenses: management and general$14,595.00$4,402.00$17,320.00$15,453.00$15,982.00
Total functional expenses: fundraising $0.00  $40,939.00
Fees for services
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
Assets and liabilities
Total assets$54,390.00$44,299.00$35,856.00$50,987.00$78,604.00
Total assets, beginning of year$44,299.00$35,856.00$50,987.00$78,604.00$70,550.00
Total liabilities$3,869.00$5,085.00$21,720.00$33,738.00$48,226.00
Total liabilities, beginning of year$5,085.00$21,720.00$33,738.00$48,226.00$64,447.00
Net assets$50,521.00$39,214.00$14,136.00$17,249.00$30,378.00
Net assets, beginning of year$39,214.00$14,136.00$17,249.00$30,378.00$6,103.00
Other liabilities$3,869.00$5,085.00$6,720.00$3,738.00$3,380.00
Other assets$531.00$1,223.00   
Cash: non-interest bearing$53,859.00$43,076.00$35,856.00$50,987.00$78,405.00
Cash: non-interest bearing, beginning of year$43,076.00$35,856.00$50,987.00$78,405.00$70,354.00
Other financial variables
Revenue less expenses$11,306.00$23,805.00$62,781.00-$13,317.00$23,434.00
Advertising (total)$1,068.00$843.00$536.00$509.00 
Accounts receivable, net    -$445.00
Accounts payable & accrued expenses    -$154.00
Secured mortgages and notes payable  $15,000.00$30,000.00$45,000.00
Total net assets or fund balances$50,521.00$39,214.00$14,136.00$17,249.00$30,378.00
Depreciation, depletion, amortization$0.00$0.00$0.00$1,223.00$193.00
Governance and accountability
Number of voting members2018232320
Number of independent voting members2018232320
Cash accountingTrueTrueTrueTrueTrue
Tax year start date2016-01-012015-01-012014-01-012013-01-012012-01-01
Tax year end date2016-12-012015-12-012014-12-012013-12-012012-12-01
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Date e-filing submitted2017-09-152016-09-292015-07-242014-10-142013-12-11
IRS schema version2016v3.02015v2.12014v5.02013v3.12012v2.0
Filing identifier201741359349308124201611349349305896201511349349305551201441349349302364201342259349302579
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