Totals
- Total revenue
- $5,247,992
- Total expenses
- $1,470,786
- Contributions and grants received
- $4,466,839
- Grants paid
- $0
- Program service revenue
- $597,343
- Investment income
- $11,923
- Other revenue
- $171,887
- Total assets, end of year
- $4,151,194
- Total liabilities, end of year
- $977,714
- Net assets or fund balances, end of year
- $3,173,480
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- $1,470,786
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.
-
1e · Government grants (contributions)
$4,466,839
-
2a · Program service revenue: DUES
total $597,343 · related or exempt $597,343
-
3 · Investment income
total $12,187 · excluded $12,187
-
7b · Less cost or other basis and sales expenses
other assets $264
-
7c · Gain or loss
other assets -$264
-
7d · Net gain or loss
total -$264 · related or exempt -$264
-
11a · Other revenue: MEMBERSHIP DIVISION
total $83,552 · related or exempt $83,552
-
11b · Other revenue: BUSINESS DEVELOPMENT D
total $56,917 · related or exempt $56,917
-
11c · Other revenue: STATE OF THE CITY
total $31,418 · related or exempt $31,418
-
11e · Other revenue, total
$171,887
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $124,759
-
7 · Other salaries and wages
total $489,142
-
8 · Pension plan contributions
total $22,296
-
9 · Other employee benefits
total $60,913
-
10 · Payroll taxes
total $44,718
-
11g · Fees: other
total $33,640
-
13 · Office expenses
total $6,221
-
16 · Occupancy
total $70,000
-
20 · Interest
total $4,086
-
22 · Depreciation, depletion and amortization
total $3,805
-
23 · Insurance
total $10,269
-
24a · Other expenses: GRANT FUNDED EXPENSES
total $384,722
-
24b · Other expenses: BUSINESS DEVELOPMENT DI
total $58,647
-
24c · Other expenses: MEMBERSHIP DIVISION
total $52,813
-
24d · Other expenses: COMMUNICATIONS DIVISION
total $23,184
-
24e · All other expenses
total $81,571
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $41,511 · end of year $3,212,409
-
3 · Pledges and grants receivable
end of year $145,839
-
4 · Accounts receivable
beginning of year $148,357 · end of year $223,348
-
10a · Land, buildings and equipment: cost or other basis
$573,364
-
10b · Land, buildings and equipment: accumulated depreciation
$3,766
-
10c · Land, buildings and equipment, net
beginning of year $304 · end of year $569,598
-
17 · Accounts payable and accrued expenses
beginning of year $793,898 · end of year $977,714
-
27 · Net assets without donor restrictions
beginning of year -$603,726 · end of year -$286,512
-
28 · Net assets with donor restrictions
end of year $3,459,992
Mission and programs · 2022
Mission
THE HIGH POINT CHAMBER OF COMMERCE IS DEDICATED TO ENCOURAGING ECONOMIC GROWTH IN THE PIEDMONT TRIAD REGION OF NORTH CAROLINA. THE CHAMBER IS AN ADVOCATE FOR OUR MEMBERS AND OUR COMMUNITY ON BUSINESS-RELATED ISSUES AND PARTICIPATES IN INITIATIVES THAT POSITIVELY AFFECT THE QUALITY OF LIFE IN OUR COMMUNITY. THROUGH MEMBER FEEDBACK, THE CHAMBER PROVIDES BENEFITS AND SERVICES TO HELP OUR MEMBERS REACH THEIR BUSINESS POTENTIAL AND OUR COMMUNITY TO REMAIN GLOBALLY COMPETITIVE.
Activities or mission (Part I)
THE MISSION OF THE HIGH POINT CHAMBER OF COMMERCE IS TO BE THE CHAMPION OF FREE ENTERPRISE FOR HIGH POINT AND THE TRIAD REGION. THE CHAMBER WANTS TO ASSIST ALL OF OUR MEMBERS AND THE COMMUNITY AT LARGE TO PROSPER AND ADVANCE BY PROVIDING SERVICE TO SUPPORT AND FOSTER AN ENVIRONMENT IN WHICH THE COMMUNITY CAN THRIVE. THE CHAMBER STRIVES TO CONTINUOUSLY BE INFORMED AND KEEP MEMBERS INFORMED OF THE ISSUES THAT EFFECT BUSINESS TODAY. THE CHAMBER OFFERS ACCESS TO EXPERT ADVICE THROUGH FORUMS AND SEMINARS, AS WELL AS ASSISTANCE CONNECTING MEMBERS TO EXPERTS THROUGH OUR MEMBERSHIP NETWORK.
-
THE HIGH POINT CHAMBER OF COMMERCE, INC. ENCOURAGES A POSITIVE BUSINESS ENVIRONMENT IN THE HIGH POINT AREA. IT SUPPORTS BUSINESS LEADERSHIP DEVELOPMENT. IT ALSO FOSTERS INTERACTION AMONG VARIOUS MEMBERS OF THE BUSINESS COMMUNITY THROUGH FORUMS SUCH AS "BUSINESS AFTER HOURS AND THE "BUSINESS EXPO."
Expenses $1,470,786
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Scott TilleySCOTT TILLEY
PAST CHAIRMAN
- Total calculated
- $0
- Hours/week
- 5
-
David CongdonDAVID CONGDON
PAST CHAIRMAN
- Total calculated
- $0
- Hours/week
- 5
-
Darlene LeonardDARLENE LEONARD
TREASURER/DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Amy SmithAMY SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Jim HoestraDR JIM HOESTRA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kristin DaileyKRISTIN DAILEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kristen RoysterKRISTEN ROYSTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Heather Bowers CrossHEATHER BOWERS CROSS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lenny PetersLENNY PETERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Earl CongdonEARL CONGDON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ned CovingtonNED COVINGTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Melody BurnettMELODY BURNETT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Alan ScheppmannALAN SCHEPPMANN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chris DunbarCHRIS DUNBAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chris BryanCHRIS BRYAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Scott EckmanSCOTT ECKMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brian GaviganBRIAN GAVIGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
IV CulpIV CULP
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Maurice HullMAURICE HULL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Atticus SimpsonATTICUS SIMPSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Deno AdkinsDENO ADKINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David MillerDAVID MILLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mark NorcrossMARK NORCROSS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mark PrinceMARK PRINCE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Nido QubeinDR NIDO QUBEIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert RogersROBERT ROGERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Anthony ClarkeANTHONY CLARKE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rev Frank ThomasREV FRANK THOMAS
PAST CHAIRMAN OF THE CHAMBER
- Total calculated
- $0
- Hours/week
- 1
-
Greg YorkGREG YORK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jay WagnerJAY WAGNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Alex MooreALEX MOORE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rachel E GauldinRACHEL E GAULDIN
PRESIDENT & CEO
- Total calculated
- $137,033
- From this org
- $129,407
- From related orgs
- $0
- Other
- $7,626
- Hours/week
- 40
-
Patrick ChapinPATRICK CHAPIN
FORMER CEO
- Total calculated
- $190,242
- From this org
- $185,449
- From related orgs
- $0
- Other
- $4,793
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $185,449
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $4,793
- Filer's total
- $190,242
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 10 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323199349305127
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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