Form 990 for tax year 2023
Filed by BOONE AREA CHAMBER OF COMMERCE.
Totals
- Total revenue
- $675,152
- Total expenses
- $745,035
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $628,046
- Investment income
- $221
- Other revenue
- $46,885
- Total assets, end of year
- $329,073
- Total liabilities, end of year
- $23,097
- Net assets or fund balances, end of year
- $305,976
- Program services expenses (Part IX)
- $675,581
- Management and general expenses
- $62,368
- Fundraising expenses
- $7,088
- Program service expenses (Part III)
- $675,581
Program services were 90.7% 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.
-
2a · Program service revenue: MEMBERSHIP DUES
total $394,210 · unrelated business $0 · excluded $0
-
2b · Program service revenue: MEMBERSHIP SERVICES
total $71,707 · unrelated business $0 · excluded $0
-
2c · Program service revenue: WATAUGA LEADERSHIP
total $30,045 · unrelated business $0 · excluded $0
-
2d · Program service revenue: BUSINESS DEVELOPMENT
total $42,600 · unrelated business $0 · excluded $0
-
2e · Program service revenue: HIGH COUNTRY ECONOMIC FORECAST
total $19,695 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $69,789 · unrelated business $0 · excluded $0
-
3 · Investment income
total $221 · unrelated business $0 · excluded $221
-
6a · Gross rents
real property $31,750
-
6c · Rental income or loss
real property $31,750
-
6d · Net rental income or loss
total $31,750 · excluded $31,750
-
8a · Fundraising events: gross income
$3,450
-
8c · Net income from fundraising events
total $3,450 · unrelated business $0 · excluded $3,450
-
11a · Other revenue: WEBSITE MARKETING
total $10,000 · related or exempt $0 · unrelated business $10,000 · excluded $0
-
11b · Other revenue: MEMBER TO MEMBER ADVERTISING
total $1,685 · related or exempt $0 · unrelated business $1,685 · excluded $0
-
11e · Other revenue, total
$11,685
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $80,262 · program services $68,223 · management and general $8,026 · fundraising $4,013
-
7 · Other salaries and wages
total $290,881 · program services $261,793 · management and general $29,088 · fundraising $0
-
8 · Pension plan contributions
total $26,887 · program services $23,391 · management and general $2,689 · fundraising $807
-
9 · Other employee benefits
total $3,666 · program services $3,189 · management and general $367 · fundraising $110
-
10 · Payroll taxes
total $27,780 · program services $24,169 · management and general $2,778 · fundraising $833
-
13 · Office expenses
total $7,098 · program services $1,275 · management and general $5,823 · fundraising $0
-
14 · Information technology
total $21,510 · program services $18,284 · management and general $2,151 · fundraising $1,075
-
17 · Travel
total $5,443 · program services $5,443 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $40,025 · program services $36,024 · management and general $4,003 · fundraising $0
-
23 · Insurance
total $2,660 · program services $0 · management and general $2,660 · fundraising $0
-
24a · Other expenses: MEMBERSHIP SERVICES
total $18,383 · program services $18,383 · management and general $0 · fundraising $0
-
24b · Other expenses: WATAUGA LEADERSHIP
total $32,618 · program services $32,618 · management and general $0 · fundraising $0
-
24c · Other expenses: BUSINESS DEVELOPMENT
total $53,047 · program services $53,047 · management and general $0 · fundraising $0
-
24d · Other expenses: OTHER PROJECTS
total $23,979 · program services $23,979 · management and general $0 · fundraising $0
-
24e · All other expenses
total $110,796 · program services $105,763 · management and general $4,783 · fundraising $250
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $6,756 · end of year $4,624
-
2 · Savings and temporary cash investments
beginning of year $80,024 · end of year $62,080
-
10a · Land, buildings and equipment: cost or other basis
$331,151
-
10b · Land, buildings and equipment: accumulated depreciation
$68,782
-
10c · Land, buildings and equipment, net
beginning of year $291,355 · end of year $262,369
-
24 · Unsecured notes and loans payable
end of year $19,100
-
25 · Other liabilities
beginning of year $2,276 · end of year $3,997
-
27 · Net assets without donor restrictions
beginning of year $375,859 · end of year $305,976
Mission and programs · 2023
Mission
TO ADVANCE ECONOMIC PROSPERITY AND TO ENCOURAGE PUBLIC/PRIVATE COOPERATION THAT WILL BROADEN THE ECONOMIC BASE AND ENHANCE THE QUALITY OF LIFE IN THE LOCAL COMMUNITY.
-
WATAUGA LEADERSHIP: TO IMPLEMENT A LEADERSHIP DEVELOPMENT PROGRAM DESIGNED TO MEET THE HIGH COUNTRYS NEED FOR THE ACTIVE PARTICIPATION OF INFORMED AND EDUCATED LEADERS. PROGRAM SERVICE IS ACCOMPLISHED BY 1)IDENTIFYING POTENTIAL LEADERS AND PROVIDING THEM WITH THE RESOURCES NEEDED TO SPUR LOCAL ACTION AND INVOLVEMENT 2)PROVIDING PARTICIPANTS OF THE PROGRAM WITH OPPORTUNITIES TO APPLY THEIR TALENTS THROUGHOUT THE COMMUNITY AND 3)USE RESOURCES TO CONTINUE TO DESIGN AND EVOLVE THE PROGRAM.
Expenses $32,618 · Revenue $30,045
-
MEMBERSHIP SERVICES: TO PROMOTE THE BENEFITS OF CHAMBER MEMBERSHIP THROUGHOUT THE BUSINESS AND PROFESSIONAL COMMUNITY. THIS IS ACCOMPLISHED BY DEVELOPING AND IMPLEMENTING A COMPREHENSIVE ONGOING MEMBERSHIP PROGRAM WITH THE GOAL OF BUILDING AWARENESS, EDUCATING, AND MOTIVATING FOR THE PURPOSE OF RECRUITING AND RETAINING MEMBERS.
Expenses $18,383 · Revenue $71,707
-
BUSINESS DEVELOPMENT: TO USE MEMBER EXPERTISE AND RESOURCES IN THE SUPPORT OF EXISTING BUSINESS GROWTH AND PROSPERITY AND TO ASSIST ENTREPRENUERS AND COMPANIES SEEKING TO EXPAND/RELOCATE TO THE HIGH COUNTRY. PROGRAM SERVICE IS ACCOMPLISHED BY 1)INITIATING PROGRAMS AND SERVICES TARGETED TO THE ADVANCEMENT OF SMALL BUSINESS 2)PARTICIPATING IN COMMUNITY-BASED BUSINESS COUNCILS TO PROVIDE VALUE-ADDED LOCAL SERVICES 3)ACTING AS A REFERRAL/DISTRIBUTION/COMMUNICATION SOURCE OF BUSINESS-BENEFICIAL INFORMATION 4)PARTNERING WITH TOURISM PROMOTION ORGANIZATIONS IN THE DEVELOPMENT OF THE HIGH COUNTRY AS A MAJOR TOURIST DESTINATION AND 5) PARTERNING WITH LOCAL REGIONAL WORKFORCE DEVELOPMENT ORGANIZATIONS.
Expenses $53,047 · Revenue $42,600
-
Expenses $571,533 · Revenue $483,694
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Heidi RaganHEIDI RAGAN
EXECUTIVE COMMITTEE- AT-LARGE
- Total calculated
- $0
- Hours/week
- 2
-
Talia FreemanTALIA FREEMAN
EXECUTIVE COMMITTEE- CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Mark GouldMARK GOULD
EXECUTIVE COMMITTEE- CHAIR ELECT
- Total calculated
- $0
- Hours/week
- 2
-
Joe NashJOE NASH
EXECUTIVE COMMITTEE- TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Yolanda AdamsYOLANDA ADAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Carrie AfanadorCARRIE AFANADOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Shirley AlexanderSHIRLEY ALEXANDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tara BrossaTARA BROSSA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Tiffany ChristianDR TIFFANY CHRISTIAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Harry DavisDR HARRY DAVIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Christy GottfriedCHRISTY GOTTFRIED
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jim HamiltonJIM HAMILTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Angela HeavnerANGELA HEAVNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Hal HoodHAL HOOD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nathaniel JohnsonNATHANIEL JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brent KeithBRENT KEITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Angus LamondANGUS LAMOND
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael MaybeeMICHAEL MAYBEE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Danielle NeibaurDANIELLE NEIBAUR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Mark PoarchDR MARK POARCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kindsay ReederKINDSAY REEDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Tierra StarkDR TIERRA STARK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Seth SullivanSETH SULLIVAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Omer TomlinsonOMER TOMLINSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Amanda WhiteAMANDA WHITE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Jason XiongDR JASON XIONG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David JacksonDAVID JACKSON
PRESIDENT & CEO
- Total calculated
- $80,262
- From this org
- $80,262
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
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.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 8 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202501349349310060
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