Skip to content
Nonprofiteer
← ALAMANCE COUNTY AREA CHAMBER OF COMMERCE

Form 990 for tax year 2022

Filed by ALAMANCE COUNTY AREA CHAMBER OF COMMERCE.

Totals

Total revenue
$1,614,925
Total expenses
$639,326
Contributions and grants received
$4,000
Grants paid
$0
Program service revenue
$1,574,821
Investment income
$1,264
Other revenue
$34,840
Total assets, end of year
$1,383,160
Total liabilities, end of year
$16,181
Net assets or fund balances, end of year
$1,366,979
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

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.

  • 1f · All other contributions, gifts and grants

    $4,000

  • 2a · Program service revenue: EASTERN TRIAD WORKFORC

    total $875,000 · related or exempt $875,000

  • 2b · Program service revenue: PROGRAMS, PROJECTS, AC

    total $237,958 · related or exempt $237,958

  • 2c · Program service revenue: FEES AND CONTRACTS

    total $234,150 · related or exempt $234,150

  • 2d · Program service revenue: MEMBERSHIP DUES

    total $221,713 · related or exempt $221,713

  • 2e · Program service revenue: CAREER ACCELERATION PR

    total $6,000 · related or exempt $6,000

  • 3 · Investment income

    total $1,264 · excluded $1,264

  • 11a · Other revenue: REIMBURSEMENTS FROM AC

    total $30,000 · related or exempt $30,000

  • 11b · Other revenue: MISCELLANEOUS

    total $4,840 · related or exempt $4,840

  • 11e · Other revenue, total

    $34,840

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $123,245

  • 7 · Other salaries and wages

    total $122,810

  • 8 · Pension plan contributions

    total $8,939

  • 9 · Other employee benefits

    total $37,180

  • 10 · Payroll taxes

    total $49,692

  • 11c · Fees: accounting

    total $16,849

  • 11g · Fees: other

    total $659

  • 12 · Advertising and promotion

    total $8,440

  • 13 · Office expenses

    total $26,959

  • 16 · Occupancy

    total $23,675

  • 17 · Travel

    total $9,916

  • 19 · Conferences, conventions and meetings

    total $9,343

  • 22 · Depreciation, depletion and amortization

    total $17,811

  • 23 · Insurance

    total $3,971

  • 24a · Other expenses: PROGRAMS AND PROJECTS

    total $146,761

  • 24b · Other expenses: EQUIPMENT RENTAL AND MA

    total $14,936

  • 24c · Other expenses: ORGANIZATION DUES

    total $12,334

  • 24d · Other expenses: MISCELLANEOUS

    total $5,576

  • 24e · All other expenses

    total $230

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $230,009 · end of year $1,190,060

  • 2 · Savings and temporary cash investments

    beginning of year $132,438 · end of year $132,738

  • 4 · Accounts receivable

    beginning of year $1,369 · end of year $0

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

    $711,265

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

    $650,903

  • 10c · Land, buildings and equipment, net

    beginning of year $74,625 · end of year $60,362

  • 17 · Accounts payable and accrued expenses

    beginning of year $10,000

  • 19 · Deferred revenue

    beginning of year $37,061 · end of year $16,181

  • 27 · Net assets without donor restrictions

    beginning of year $345,297 · end of year $459,129

  • 28 · Net assets with donor restrictions

    beginning of year $46,083 · end of year $907,850

Mission and programs · 2022

Mission

THE MISSION OF THE ALAMANCE COUNTY AREA CHAMBER OF COMMERCE IS TO ENHANCE THE WELFARE OF BUSINESS AND TO PROMOTE AND STIMULATE ECONOMIC VITALITY IN THE ALAMANCE COUNTY AREA FOR THE BENEFIT OF ITS MEMBERS AND THE COMMUNITY.

  • DEVELOPMENT OF A HEALTHY ECONOMIC CLIMATE THROUGH MEMBER RELATIONS; ECONOMIC DEVELOPMENT THROUGH WORKSHOPS, SEMINARS, AND TOURS. ATTRACT BUSINESS TO ALAMANCE COUNTY.

As filed on the 2022 return.

Listed in Part VII

  • Reed Laplante

    CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Nikki Ratliff

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Doug Hyman

    CHAIR-ELECT

    Total calculated
    $0
    Hours/week
    2
  • Patricia Rhodes

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Willy Fisher

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Issac Gibson

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Griffin McClure

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Ryan Moffitt

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • David Cheek

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Yonnie Butler

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Rachael Dimont

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michelle Mills

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Sean Poole

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Deanna Wyatt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jennie Beshel

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mary Faucette

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Ronnie Jeffries

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Rachel Baldwin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Mark Epperson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Aswani Volety

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kelly G May

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tracy Schmidt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jennifer Turner-Taylor

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Sam Turner

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Michael Garland

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tj Bowie

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Feraud Calixte

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Louis Judge

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Marta Moos

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tammy Myrick

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Vykram Vijayasekaran

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jack Wooten

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Reagan Gural

    PRESIDENT

    Total calculated
    $111,565
    From this org
    $100,000
    From related orgs
    $0
    Other
    $11,565
    Hours/week
    40
  • Andrea Fleming

    VP THRU 1.31.22

    Total calculated
    $11,680
    From this org
    $6,640
    From related orgs
    $0
    Other
    $5,040
    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
2022
Filed
16 April 2023
IRS schema version
2022v5.0
Source object
202321149349300807

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.