2025-07-10T08:37:29-04:00 2024-12-31 203875548 SALEM SMITH REGISTER & KNOTT PLLC 210 CRAVEN ST NEW BERN NC 285602152 990 2024-01-01 561255578 SWISS BEAR INC SWIS 2522889825 PO BOX 597 NEW BERN NC 28563 JOHN ROBERT MATTOCKS TREASURER 2522889825 2025-07-10 true true ROXIANNE R REGISTER CPA P01034256 2526368780 2025-07-10 2024 2025-03-06 01:10:19Z JOHN HAROLDSON PO BOX 597 NEW BERN NC 28563 343414 false X WWW.DOWNTOWNNEWBERN.COM X 1979 NC SWISS BEAR, INC. FACILITATES DEVELOPMENT OF THE GREATER DOWNTOWN AREA THROUGH LEADERSHIP AND PLANNING THAT EMPOWERS COMMUNITY STAKEHOLDERS TO PROMOTE AND ENHANCE NEW BERN'S UNIQUE CULTURAL AND NATURAL RESOURCES. 24 24 3 125 0 59103 52060 325855 280720 2193 10634 0 387151 343414 8485 17000 0 124407 133361 0 0 300113 173161 433005 323522 -45854 19892 322293 331159 37539 26513 284754 304646 SWISS BEAR, INC. FACILITATES DEVELOPMENT OF THE GREATER DOWNTOWN AREA THROUGH LEADERSHIP AND PLANNING THAT EMPOWERS COMMUNITY STAKEHOLDERS TO PROMOTE AND ENHANCE NEW BERN'S UNIQUE CULTURAL AND NATURAL RESOURCES. false false 251691 17000 280720 SPECIAL EVENTS AND PROGRAMS TO ASSIST IN THE PROMOTION OF THE GREATER DOWNTOWN BUSINESS DISTRICT 251691 true true false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false true true false false false false false false false false false false false true 14 0 true 3 true false false false false false false false false false false false false false false X 24 24 true false false false false true true true true false false false true true true true true true false false NC X KAREN SULLIVAN 2522889825 316 SOUTH FRONT STREET NEW BERN NC 28560 X JOHN HAROLDSON CHAIR 1.54 X X 0 0 0 JOHNNY ROBINSON VICE-CHAIR 1.63 X X 0 0 0 THARESA LEE SECRETARY 1.35 X X 0 0 0 KELLI BILLINGSLEY TREASURER 2.40 X X 0 0 0 BILL FAULKENBERRY DESIGN 0.87 X 0 0 0 JOHN ROBERT MATTOCKS TREASURER 0.58 X X 0 0 0 CHARLES CUSHMAN CO-CHAIR ORG 1.15 X 0 0 0 CHRISTOPHER A RICHIE AT-LARGE DIR 0.54 X 0 0 0 WINNIE SMITH AT-LARGE DIR 0.54 X 0 0 0 ROSS BEEBE AT-LARGE DIR 0.38 X 0 0 0 VON LEWIS AT-LARGE DIR 0.29 X 0 0 0 RICK DAVIS AT-LARGE DIR 0.29 X 0 0 0 ADAM SIMMONS AT-LARGE DIR 0.58 X 0 0 0 CINDY TURCO IMMEDIATE PA 2.02 X 0 0 0 RAY STAATS EX OFFICIO D 0.19 X 0 0 0 ANTHONY GIARDINO EX OFFICIO D 0.29 X 0 0 0 RICHARD PARSONS EX OFFICIO D 0.06 X 0 0 0 NANCY FIGIEL EX OFFICIO D 0.10 X 0 0 0 KEVIN ROBERTS EX OFFICIO D 0.48 X 0 0 0 DENNY BUCHER EX OFFICIO D 0.23 X 0 0 0 TARSHI MCCOY EX OFFICIO D 0.12 X 0 0 0 RICK PRILL EX OFFICIO D 0.19 X 0 0 0 FOSTER HUGHES EX OFFICIO D 0.19 X 0 0 0 false false false 52060 52060 MUM FEST 252509 252509 BERNT EVENT 15289 15289 ENDOWMENT REVENUE 8730 8730 YAPPY HOUR EVENT 2692 2692 SPECIAL PROJECTS 1500 1500 280720 10634 10634 343414 280720 10634 14500 14500 2500 2500 28975 17385 11590 94909 56946 37963 9477 5686 3791 327 327 2282 1427 855 2812 316 2496 13395 7817 5578 324 324 4502 2701 1801 MUM FEST 123269 123269 BERNT EVENT 9077 9077 ANNUAL BREAKFAST 4818 4818 ASSETS < 2,500 PER UNIT 3723 3723 8632 4598 4034 323522 251691 71831 0 52894 24045 242301 291645 17560 8000 8413 5293 9159 9159 1125 2176 322293 331159 11157 11513 15000 15000 11382 37539 26513 X 142302 249896 142452 54750 284754 304646 322293 331159 19892 X false false false X 302673 116430 91800 59103 52060 622066 302673 116430 91800 59103 52060 622066 622066 20 18 111 2095 10634 12878 634944 1374568 0.97970 0.99650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9159 9159 HERON HOSPITALITY VICE-CHAIR 3750 GRANT PROPERTY ENHANCEMENT DOUBLE TREE HOTEL CHAIR 4321 MEETING EXPENSE false SCHEDULE L, PART V A PROPERTY ENHANCEMENT GRANT WAS GIVEN TO HERON HOSPITALITY IN THE AMOUNT OF 3,750.00. HERON HOSPITALITY IS OWNED BY VICE CHAIR CHARLES CUSHMAN. AS A PROPERTY OWNER IN THE MAIN STREET FOOTPRINT, HIS PROPERTY WAS ELIGIBLE FOR A FACADE, SIGNAGE, AND LANDSCAPING GRANT. THE ANNUAL BREAKFAST MEETING WAS CATERED BY THE DOUBLE TREE HOTEL WHICH IS OWNED BY CHAIR, JOHN HAROLDSON. FORM 990, PAGE 6, PART VI, LINE 2 JOHN HAROLDSON KELLI BILLINGSLEY CHAIR TREASURER BUSINESS PARTNERS FORM 990, PAGE 6, PART VI, LINE 7A 3.2 NUMBER AND TERM: THE BOARD OF DIRECTORS SHALL CONSIST OF NO LESS THAN EIGHTEEN (18), WHICH LIMITATION ON THE NUMBER OF DIRECTORS SHALL NOT INCLUDE EMERITUS OR RETIRED EMERITUS DIRECTORS, AND SHALL BE ELECTED AS HEREIN SET FORTH. A.TEN (10) MEMBERS OF THE BOARD OF DIRECTORS SHALL BE DESIGNATED REPRESENTATIVES OF THE FOLLOWING ORGANIZATIONS, AND MAY SERVE FOR ONLY SO LONG AS THEY CONTINUE TO BE A MEMBER OF SAID ORGANIZATIONS. EACH MEMBER HOLDS FULL VOTING RIGHTS. I.CAROLINAEAST HEALTH SYSTEM II.CRAVEN COMMUNITY COLLEGE III.COUNTY MANAGER OR DESIGNEE IV.CRAVEN COUNTY COMMISSIONER V.NEW BERN ALDERMAN - WARD 1 VI.NEW BERN AREA CHAMBER OF COMMERCE VII.CITY MANAGER OR DESIGNEE VIII.NEW BERN HISTORICAL SOCIETY IX.NEW BERN PRESERVATION FOUNDATION X.TRYON PALACE B.UP TO SIXTEEN (16) ADDITIONAL MEMBERS OF THE BOARD OF DIRECTORS SHALL BE ELECTED FROM THE COMMUNITY WHO EITHER DEMONSTRATE INTEREST IN THE OBJECTIVES AND WORK OF THE CORPORATION, OR WHO REPRESENT IDENTIFIABLE SEGMENTS OF THE COMMUNITY. THE BOARD MUST INCLUDE AT LEAST THREE (3) PROPERTY OWNERS FROM WITHIN THE MUNICIPAL SERVICE DISTRICT (MSD), AT LEAST TWO (2) ADDITIONAL STAKEHOLDERS FROM OTHER DISTRICTS WITHIN GREATER DOWNTOWN NEW BERN, AND EX OFFICIO DIRECTORS AS OUTLINED IN ARTICLE 3, PARAGRAPH 3.2 A. UPON RECOMMENDATION OF THE EXECUTIVE COMMITTEE AND SUBJECT TO APPROVAL BY THE REGULAR BOARD ADDITIONAL DIRECTORS MAY BE ADDED. C.AN UNLIMITED NUMBER OF DIRECTORS DESIGNATED AS "EMERITUS" MAY BE ELECTED. EMERITUS DIRECTORS SHALL HAVE ALL THE RIGHTS AND OBLIGATIONS OF OTHER DIRECTORS, INCLUDING THE RIGHT TO VOTE. QUALIFICATIONS AND OTHER REQUIREMENTS TO BE ELECTED AS AN EMERITUS DIRECTOR MAY BE ESTABLISHED BY THE BOARD OF DIRECTORS, INCLUDING DIFFERENT CLASSES OF DIRECTORS EMERITI. 3.3ELECTION, TERM AND QUALIFICATIONS OF DIRECTORS: THE TERM OF EACH DIRECTOR SHALL BE THREE (3) YEARS. ALL DIRECTORS MAY SERVE UP TO A MAXIMUM OF TWO (2) CONSECUTIVE THREE (3) YEAR TERMS AND MUST REMAIN OFF OF THE BOARD FOR AT LEAST ONE (1) YEAR BEFORE BEING REAPPOINTED. EX OFFICIO DIRECTORS AS OUTLINED IN ARTICLE 3 PARAGRAPH 3.2 A SHALL BE EXEMPT FROM THESE TERM LIMITS, THOUGH ROTATION SHOULD BE ENCOURAGED WHERE OTHER APPROPRIATE REPRESENTATIVES OF THE SPECIFIED ORGANIZATIONS ARE AVAILABLE AND WILLING TO SERVE. 3.4ATTENDANCE: ATTENDANCE OF MEMBERS OF THE BOARD OF DIRECTORS AT REGULAR MEETINGS IS EXPECTED. FAILURE TO ATTEND FOUR (4) OF THE REGULAR MEETINGS ANNUALLY WITHOUT PRIOR NOTICE OR SUFFICIENT REASON SHALL RESULT IN REMOVAL FROM OFFICE. THE ASSISTANT SECRETARY SHALL TRACK ATTENDANCE ON A ROUTINE BASIS, AND MEMBERS WILL BE NOTIFIED OF THEIR INDIVIDUAL ATTENDANCE RECORDS FROM TIME TO TIME. A WARNING LETTER WILL BE SENT AFTER THREE (3) UNEXCUSED ABSENCES AND/OR ABSENCES WITHOUT SUFFICIENT REASON. 3.5DIRECTORS NOMINATING COMMITTEE: NO LATER THAN OCTOBER 1 OF EACH YEAR, THE CHAIR SHALL APPOINT A DIRECTORS NOMINATING COMMITTEE CONSISTING OF AT LEAST THREE (3) MEMBERS OF THE BOARD OF DIRECTORS WHOSE TERMS ARE NOT EXPIRING, AND SHALL ALSO DESIGNATE THE CHAIR THEREOF. THE CHAIR OF THE BOARD SHALL NOT BE A MEMBER OF THE DIRECTORS NOMINATING COMMITTEE. NOMINATIONS SHOULD BE SUBMITTED TO THE BOARD OF DIRECTORS BY WRITTEN AND/OR ELECTRONIC NOTIFICATION AT LEAST THREE (3) DAYS BEFORE THE ANNUAL MEETING. FORM 990, PAGE 6, PART VI, LINE 7B MATTERS THAT ARE DEEMED TO REQUIRE DISCUSSION AND APPROVAL ARE PRESENTED FIRST TO THE EXECUTIVE BOARD AND VOTED UPON. IF NECESSARY, CERTAIN MATTERS MAY BE PRESENTED TO THE FULL BOARD FOR DISCUSSION AND APPROVAL. FORM 990, PAGE 6, PART VI, LINE 11B THE FINANCE COMMITTEE WILL REVIEW THE TAX RETURN. IT WILL ALSO BE PRESENTED TO THE BOARD OF DIRECTORS. THE RETURN WILL BE AVAILABLE AT THE OFFICE FOR REVIEW BEFORE FILING. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION MONITORS AND ENFORCES THE CONFLICT OF INTERST POLICY AS THE ORGANIZATION FUNCTIONS THROUGHOUT THE YEAR. THE CONFLICT OF INTEREST ISSUE IS CONSIDERED WITH EACH EVENT AND/OR TRANSACTION. IF A CONFLICT OF INTEREST ARISES, THE EVENT AND/OR TRANSACTION IS MODIFIED ACCORDINGLY TO FALL WITHIN THE POLICY GUIDELINES. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED AND APPROVED BY THE EXECUTIVE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.