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Nonprofiteer
← CHAMBER OF COMMERCE GREATER HENDERSONVILLE

Form 990 for tax year 2024

Filed by CHAMBER OF COMMERCE GREATER HENDERSONVILLE.

Totals

Total revenue
$464,030
Total expenses
$493,799
Contributions and grants received
$328,140
Grants paid
$0
Program service revenue
$101,631
Investment income
$8,775
Other revenue
$25,484
Total assets, end of year
$1,358,092
Total liabilities, end of year
$327,108
Net assets or fund balances, end of year
$1,030,984
Program services expenses (Part IX)
$356,847
Management and general expenses
$93,346
Fundraising expenses
$43,606
Program service expenses (Part III)
$356,847

Program services were 72.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $297,685

  • 1c · Fundraising events

    $30,455

  • 2a · Program service revenue: SMALL BUSINESS COMMITTEE

    total $29,352 · related or exempt $29,352

  • 2b · Program service revenue: BUSINESS AFTER HOURS

    total $19,203 · related or exempt $19,203

  • 2c · Program service revenue: GOVT AFFAIRS COMMITTEE

    total $14,971 · related or exempt $14,971

  • 2d · Program service revenue: AMBASSADORS COMMITTEE

    total $10,450 · related or exempt $10,450

  • 2e · Program service revenue: ALL IN FOR HENDO

    total $8,970 · related or exempt $8,970

  • 2f · All other program service revenue

    total $18,685 · related or exempt $18,685

  • 3 · Investment income

    total $8,775 · excluded $8,775

  • 8a · Fundraising events: gross income

    $64,595

  • 8a · Fundraising events: contributions included on line 1c

    $30,455

  • 8b · Fundraising events: direct expenses

    $47,435

  • 8c · Net income from fundraising events

    total $17,160 · excluded $17,160

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $8,324 · excluded $8,324

  • 11e · Other revenue, total

    $8,324

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $217,361 · program services $126,641 · management and general $54,997 · fundraising $35,723

  • 8 · Pension plan contributions

    total $10,338 · program services $5,077 · management and general $3,147 · fundraising $2,114

  • 9 · Other employee benefits

    total $30,380 · program services $21,372 · management and general $5,970 · fundraising $3,038

  • 10 · Payroll taxes

    total $16,617 · program services $9,682 · management and general $4,204 · fundraising $2,731

  • 11c · Fees: accounting

    total $9,000 · program services $7,290 · management and general $1,710

  • 11g · Fees: other

    total $3,098 · program services $2,538 · management and general $560

  • 12 · Advertising and promotion

    total $3,256 · program services $2,808 · management and general $448

  • 13 · Office expenses

    total $6,142 · program services $4,974 · management and general $1,168

  • 16 · Occupancy

    total $27,961 · program services $22,648 · management and general $5,313

  • 19 · Conferences, conventions and meetings

    total $1,394 · program services $1,394

  • 20 · Interest

    total $11,176 · program services $9,053 · management and general $2,123

  • 22 · Depreciation, depletion and amortization

    total $30,728 · program services $24,890 · management and general $5,838

  • 23 · Insurance

    total $9,722 · program services $7,875 · management and general $1,847

  • 24a · Other expenses: TOTAL RESOURCE CAMPAIGN

    total $26,322 · program services $26,322

  • 24b · Other expenses: SMALL BUSINESS COMMITTEE

    total $21,650 · program services $21,650

  • 24c · Other expenses: ALL IN FOR HENDERSONVILLE

    total $18,903 · program services $18,903

  • 24d · Other expenses: GOVT AFFAIRS COMMITTEE

    total $15,525 · program services $15,525

  • 24e · All other expenses

    total $34,226 · program services $28,205 · management and general $6,021

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $5,092 · end of year $3,500

  • 2 · Savings and temporary cash investments

    beginning of year $338,103 · end of year $340,617

  • 4 · Accounts receivable

    beginning of year $78,039 · end of year $67,543

  • 9 · Prepaid expenses and deferred charges

    beginning of year $9,493 · end of year $2,980

  • 10a · Land, buildings and equipment: cost or other basis

    $1,490,219

  • 10b · Land, buildings and equipment: accumulated depreciation

    $546,767

  • 10c · Land, buildings and equipment, net

    beginning of year $974,179 · end of year $943,452

  • 17 · Accounts payable and accrued expenses

    beginning of year $6,213 · end of year $9,471

  • 23 · Secured mortgages and notes payable

    beginning of year $331,400 · end of year $308,372

  • 25 · Other liabilities

    beginning of year $6,540 · end of year $9,265

  • 27 · Net assets without donor restrictions

    beginning of year $1,060,753 · end of year $1,030,984

Mission and programs · 2024

Mission

THE CHAMBER IS A MEMBERSHIP ORGANIZATION, A VOLUNTARY PARTNERSHIP OF BUSINESS AND PROFESSIONAL PEOPLE WORKING TOGETHER FOR THE BENEFIT OF ALL, PRESENTING ONE VOICE TO BUILD A HEALTHY ECONOMY AND IMPROVE THE QUALITY OF LIFE IN HENDERSON COUNTY, NORTH CAROLINA. REPRESENTING ITS MEMBERS, THE CHAMBER PURSUES ITS PURPOSE THROUGH THE DEVELOPMENT OF BUSINESS, THE ECONOMY, HUMAN RESOURCES, AND PUBLIC AFFAIRS.

  • PROVISION OF HELPFUL MEMBER SERVICES AND ENHANCEMENT OF THE ECONOMIC CLIMATE SO THAT BUSINESSES MAY THRIVE. ATTRACTION AND RETENTION OF QUALITY JOBS, SOLICITATION OF NEW BUSINESSES COMPATIBLE WITH THE ASSETS AND VALUES OF HENDERSON COUNTY'S BUSINESS IMAGE, ASSISTANCE IN THE EXPANSION OF EXISTING COMPANIES, AND ENHANCEMENT OF THE COUNTY'S QUALITY OF LIFE.

    Expenses $356,847 · Revenue $101,631

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • ROBERT WILLIFORD

    PRESIDENT

    Total calculated
    $129,093
    From this org
    $121,893
    From related orgs
    $0
    Other
    $7,200
    Hours/week
    40

  • RAGAN WARD

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    3

  • BILL MCKIBBIN

    CHAIRMAN ELE

    Total calculated
    $0
    Hours/week
    3

  • CRAIG DEBREW

    TREASURER

    Total calculated
    $0
    Hours/week
    3

  • RANDY HUNTER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • JARED BELLMUND

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JOHN BRYANT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CHRIS CORMIER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KELLY CUBBIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JASON DAVIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • GRAHAM FIELDS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • HEATHER GRAY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CANDI GUFFEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SHERRI HOLBERT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JOHN HOLT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • PETE JUERGENS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TINA KINSEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LAURA LEATHERWOOD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DAVID MAYO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SCOTT MOORE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CALEB PHILLIPS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DAVID RIDDELL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MARK RUSSELL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL THOMPSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • FAIR NABERS WAGGONER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MARK WARWICK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • AMBER WEBB

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
17 November 2025
IRS schema version
2024v5.0
Source object
202533219349314328

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