Black Mountain-Swannanoa Chamber Of Commerce Incorporated
- Assets
- $127.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Black Mountain, NC
- Founding
- 12/1984
- Data as of
- 12/2022
- EIN
- 56-0556064
Organization Overview
Black Mountain-Swannanoa Chamber Of Commerce Incorporated is located in Black Mountain, NC. The organization was established in 1984. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Black Mountain-Swannanoa Chamber Of Commerce Incorporated employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Black Mountain-Swannanoa Chamber Of Commerce Incorporated is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Black Mountain-Swannanoa Chamber Of Commerce Incorporated generated $177.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $154.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
0
THE MAIN PROGRAM SERVICE OF THE BLACK MOUNTAIN SWANNANOA CHAMBER OF COMMERCE IS TO OPERATE A VISITOR CENTER TO PROVIDE INFORMATION TO TRAVELERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Tabor Executive Director | 45 | $50,000 | |
Jason Burk Board Chair | 0 | $0 | |
Jennifer Hold Vice-Chair | 0 | $0 | |
Kannah Begley-Walker Treasurer | 0 | $0 | |
Maggie Baker Board Of Directors | 0 | $0 | |
Jay Guffey Board Of Directors | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,201 |
| Total Program Service Revenue | $0 |
| Membership dues | $51,278 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $103,706 |
| Total Revenue | $177,424 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $74,148 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $10,213 |
| Printing, publications, postage, and shipping | $15,379 |
| Other expenses | $54,291 |
| Total expenses | $154,031 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $89,542 |
| Other assets | $0 |
| Total assets | $127,717 |
| Total liabilities | $994 |
| Net assets or fund balances | $126,723 |