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 7 years, revenues have fallen by an average of (1.5%) 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 (4.8%) per year over the past 7 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
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sharon Tabor Executive Director | 45 | $50,000 | |
Kannah Begley-Walker Treasurer | 0 | $0 | |
Maggie Baker Board Of Directors | 0 | $0 | |
Ken Kramer Board Of Directors | 0 | $0 | |
Jason Burk Board Chair | 0 | $0 | |
Tom Mcmurtry Board Of Directors | 0 | $0 |
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 |
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