Weaverville Business Association Inc is located in Weaverville, NC. The organization was established in 2011. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Weaverville Business Association Inc 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 12/2021, Weaverville Business Association Inc generated $27.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $21.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William Boughton Board Member | 0 | $0 | |
Beth Mangum President | 0 | $0 | |
Nathan Snider Treasurer | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $10,102 |
Investment income | $1 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $17,329 |
Other Revenue | $0 |
Total Revenue | $27,432 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $14,235 |
Occupancy, rent, utilities, and maintenance | $1,200 |
Printing, publications, postage, and shipping | $709 |
Other expenses | $5,283 |
Total expenses | $21,427 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $22,499 |
Other assets | $0 |
Total assets | $23,075 |
Total liabilities | $2,750 |
Net assets or fund balances | $20,325 |
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