2024-11-21T13:59:59-06:00 2024-09-30 560817345 Turlington and Company LLP PO Box 1697 Lexington NC 272931697 990 2023-10-01 560484971 Lexington Area Chamber of Commerce Inc LEXI 3362485929 PO Drawer C Lexington NC 27293 Joe Wallace Executive Director 3362485929 2024-11-15 1 0 Angela W Crews P00379993 3362496856 2023 2024-10-15 13:58:12Z Joe Wallace PO Drawer C Lexington NC 27293 266690 0 X http://www.lexingtonchamber.net/ X 1946 NC Promoting cooperation in matters of interest to the business of Lexington; develop increased civic interest; and create and maintain higher business standard. 19 19 3 50 0 0 260779 266690 0 0 0 0 0 0 260779 266690 0 0 0 0 110141 146621 0 0 0 142630 152217 252771 298838 8008 -32148 87905 57860 29994 32097 57911 25763 Promoting cooperation in matters of interest to the business of Lexington, develop increased civic interest, and create and maintain a higher business standard. 0 0 298838 Promoting cooperation in matters of interest to the business of Lexington, develop increased civic interest, and create and maintain higher business standard. 298838 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 3 1 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X Joe Wallace 3362485929 PO Drawer C Lexington NC 27293 Jarrod Dunbar Director 2.00 X 0 0 0 Michelle Atkins Director 2.00 X 0 0 0 Travis Stewart Director 2.00 X 0 0 0 Morgan Brinkle Director 2.00 X 0 0 0 Nakia Hardy Director 2.00 X 0 0 0 Caleb Corkins Director 2.00 X 0 0 0 Courtney Lohr Director 2.00 X 0 0 0 Matt Lewis Director 2.00 X 0 0 0 Yvrose Lewis Director 2.00 X 0 0 0 Conrad McKnight Director 2.00 X 0 0 0 Tim Gwillim Director 2.00 X 0 0 0 Hal Routh Director 2.00 X 0 0 0 Nina Smith Director 2.00 X 0 0 0 Julie Harshaw Director 2.00 X 0 0 0 Mike Turlington Director 2.00 X 0 0 0 Andrew Wade Director 2.00 X 0 0 0 Debbie Harris Chair-elect 2.00 X 0 0 0 Evan Parsons Board Chair 2.00 X 0 0 0 Jessica Snider Board Treasurer 2.00 X 0 0 0 Joe Wallace Executive Director 40.00 X 61500 0 0 61500 0 0 0 0 0 0 0 135951 130739 266690 266690 0 0 0 61500 61500 76015 76015 9106 9106 12200 12200 275 275 10072 10072 2354 2354 14400 14400 10912 10912 Alive After Five 32827 32827 Dues not collected 16930 16930 Christmas Auction 13732 13732 Leadership Davidson Cou 13352 13352 25163 25163 298838 298838 0 0 59322 43589 28583 14271 4558 4558 0 0 87905 57860 26081 24845 3913 7252 29994 32097 X 52595 19984 5316 5779 57911 25763 87905 57860 -32148 0 X 0 0 0 4558 4558 0 0 Other Accured Liablities 7252 7252 X Part X, Line 2: Lexington Area Chamber of Commerce, Inc. is a not-for-profit organization that is exempt from income taxes under Section 501(c)(6) of the Internal Revenue Code. Information returns are filed as required by law. The impact of an uncertain income tax position on the income tax returns must be recognized at the largest amount that is more-likely-than-not to be required to be recognized upon audit by the relevant taxing authority. Accounting standards also provide guidance on de-recognition, measurement, classification, interest and penalties, accounting for interim periods, disclosure, and transition issues with respect to tax positions. The Organization has determined that it has no uncertain income tax positions as of September 30, 2024. Also, the Organization does not anticipate any increase or decrease in unrecognized tax benefits during the next twelve months that would result in a material change to its financial position. The Organization's tax returns for years ended after September 30, 2021 remain open for examination. Form 990, Part VI, Section B, line 11b Finance committee reviews the 990 tax form. Form 990, Part VI, Section B, line 12c Every year, board members are asked to disclose any potential conflicts and if there are any, then it is recorded in the member's file and the member is asked to abstain from voting on any matters that involve such matters. Form 990, Part VI, Section B, line 15a Every year, top management is reviewed by a board appointed personnel committee to determine any pay raises or changes in compensation. Employees are reviewed by top management to determine any changes in compesation. Form 990, Part VI, Section C, line 19 If anyone from the public request a copy of the 990 tax form, they are given a copy to review and look over.