Form 990 for tax year 2024
Filed by ALAMANCE COUNTY AREA CHAMBER OF COMMERCE.
Totals
- Total revenue
- $849,202
- Total expenses
- $1,302,007
- Contributions and grants received
- $5,000
- Grants paid
- $0
- Program service revenue
- $802,671
- Investment income
- $10,588
- Other revenue
- $30,943
- Total assets, end of year
- $674,041
- Total liabilities, end of year
- $31,044
- Net assets or fund balances, end of year
- $642,997
- 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
$5,000
-
2a · Program service revenue: PROGRAMS, PROJECTS, AC
total $325,196 · related or exempt $325,196
-
2b · Program service revenue: MEMBERSHIP DUES
total $239,075 · related or exempt $239,075
-
2c · Program service revenue: FEES AND CONTRACTS
total $224,150 · related or exempt $224,150
-
2d · Program service revenue: CAREER ACCELERATION PR
total $14,250 · related or exempt $14,250
-
3 · Investment income
total $10,588 · excluded $10,588
-
11a · Other revenue: REIMBURSEMENTS FROM AC
total $30,000 · related or exempt $30,000
-
11b · Other revenue: MISCELLANEOUS
total $943 · related or exempt $943
-
11e · Other revenue, total
$30,943
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $132,319
-
7 · Other salaries and wages
total $233,312
-
8 · Pension plan contributions
total $13,051
-
9 · Other employee benefits
total $41,877
-
10 · Payroll taxes
total $27,407
-
11c · Fees: accounting
total $11,710
-
11g · Fees: other
total $37,855
-
12 · Advertising and promotion
total $9,415
-
13 · Office expenses
total $17,319
-
16 · Occupancy
total $30,000
-
17 · Travel
total $11,030
-
19 · Conferences, conventions and meetings
total $7,569
-
22 · Depreciation, depletion and amortization
total $7,062
-
23 · Insurance
total $5,672
-
24a · Other expenses: PROGRAMS AND PROJECTS
total $660,078
-
24b · Other expenses: EQUIPMENT RENTAL AND MA
total $29,850
-
24c · Other expenses: ORGANIZATION DUES
total $15,785
-
24d · Other expenses: MISCELLANEOUS
total $10,546
-
24e · All other expenses
total $150
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $891,170 · end of year $343,789
-
2 · Savings and temporary cash investments
beginning of year $133,611 · end of year $242,320
-
10a · Land, buildings and equipment: cost or other basis
$745,473
-
10b · Land, buildings and equipment: accumulated depreciation
$657,541
-
10c · Land, buildings and equipment, net
beginning of year $81,882 · end of year $87,932
-
17 · Accounts payable and accrued expenses
end of year $0
-
19 · Deferred revenue
beginning of year $10,861 · end of year $31,044
-
27 · Net assets without donor restrictions
beginning of year $557,821 · end of year $592,459
-
28 · Net assets with donor restrictions
beginning of year $537,981 · end of year $50,538
Mission and programs · 2024
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 2024 return.
Listed in Part VII
-
Reed LaplanteREED LAPLANTE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Griffin McClureGRIFFIN MCCLURE
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Doug HymanDOUG HYMAN
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Patricia RhodesPATRICIA RHODES
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Rachel BaldwinRACHEL BALDWIN
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Tj BowieTJ BOWIE
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Marta Moos Resigned Mid-YearMARTA MOOS RESIGNED MID-YEAR
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Tammy MyrickTAMMY MYRICK
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Kelly G MayKELLY G MAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nikki RatliffNIKKI RATLIFF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John PetersonJOHN PETERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ryan MoffitRYAN MOFFIT
CHAIR-ELECT
- Total calculated
- $0
- Hours/week
- 1
-
Vivian LangleyVIVIAN LANGLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Wade BoetlerWADE BOETLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mark EppersonMARK EPPERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tracy SchmidtTRACY SCHMIDT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tammy CobbTAMMY COBB
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sam TurnerSAM TURNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Allison GantALLISON GANT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Vykram VijayasekaranVYKRAM VIJAYASEKARAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jack WootenJACK WOOTEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Reagan GuralREAGAN GURAL
PRESIDENT
- Total calculated
- $132,318
- From this org
- $117,500
- From related orgs
- $0
- Other
- $14,818
- Hours/week
- 40
-
Nikki RatliffNIKKI RATLIFF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tracey GrayzerTRACEY GRAYZER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Cyril NesmithCYRIL NESMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Charlie NolletteCHARLIE NOLLETTE
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.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 May 2025
- IRS schema version
- 2024v5.1
- Source object
- 202531499349300523
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