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Nonprofit · EIN 56-0735425

REIDSVILLE CHAMBER OF COMMERCE INC

Tax-exempt · REIDSVILLE, NC 27323

Financials

$303K$329K2023$331K$361K2024
Revenue Expenses · by fiscal year end
Financials of REIDSVILLE CHAMBER OF COMMERCE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$330,706$361,041-$30,335$188,320$154,264$34,056
December 31, 2023990$303,107$329,439-$26,332$228,405$164,014$64,391
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$164,667
Membership dues
$91,723
Program service revenue
$141,736
Investment income
$0
Other revenue
$24,303

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$77,833
Other salaries and wages
$71,202
Salaries, compensation and benefits (total)
$161,317
Professional fundraising fees
$0
Occupancy
$13,521
Travel
$1,615
Depreciation
$9,012
Program services (functional)
$290,501
Management and general (functional)
$31,527
Fundraising (functional)
$39,013

Balance sheet and other

Total assets, start of year
$228,405
Total assets, end of year
$188,320
Total liabilities, end of year
$154,264
Net assets, end of year
$34,056
Land, buildings and equipment
$170,141
Net assets without donor restrictions
$34,056
Gross unrelated business income
$23,163
Gross receipts
$330,706
Employees
4
Volunteers
20
Year formed
1956
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Diane SawyerPresident
Key employee
40$77,833
Jennifer LesterChairman
Officer
1$0
Eden CombsChair-elect
Officer
1$0
Jessie MeadorPast Chairman
Officer
1$0
J R CecilTreasurer
Officer
1$0
Sharon GallowayVP Business and Industry
Officer
1$0
Judy NealVP Events
Officer
1$0
Roy SawyersVP Governmental Affairs
Officer
1$0
Miranda AshleyDirector
Trustee or director
1$0
Chad BlakleyDirector
Trustee or director
1$0
Drew BarefootDirector
Trustee or director
1$0
Donald CarterDirector
Trustee or director
1$0
Morgan BlakeDirector
Trustee or director
1$0
Victoria EllisDirector
Trustee or director
1$0
Alonda FullerDirector
Trustee or director
1$0
6 more people on this return
NameTitleHours / weekCompensation
Barbara DeJournetteDirector
Trustee or director
1$0
Geoffrey HaiglerDirector
Trustee or director
1$0
Dylan MooreDirector
Trustee or director
1$0
Tracy HolcombDirector
Trustee or director
1$0
Robin YountDirector
Trustee or director
1$0
Shane MartinDirector
Trustee or director
1$0
990 for the year ended December 31, 2023: 20 people
NameTitleHours / weekCompensation
Diane SawyerPresident
Key employee
40$76,600
Jessie MeadorChairman
Officer
1$0
Drew BarefootChair-elect
Officer
1$0
Robbie CittyPast Chairman
Officer
1$0
Kirk SmithTreasurer
Officer
1$0
Eden CombsVP Business and Industry
Officer
1$0
Judy NealVP Events
Officer
1$0
Jennifer LesterVP Governmental Affairs
Officer
1$0
Miranda AshleyDirector
Trustee or director
1$0
Chad BlakleyDirector
Trustee or director
1$0
Mara CaldwellDirector
Trustee or director
1$0
Donald CarterDirector
Trustee or director
1$0
John J R CecilDirector
Trustee or director
1$0
Victoria EllisDirector
Trustee or director
1$0
Alonda FullerDirector
Trustee or director
1$0
Sharon GallowayDirector
Trustee or director
1$0
Geoffrey HaiglerDirector
Trustee or director
1$0
Dylan MooreDirector
Trustee or director
1$0
Matthew ScearceDirector
Trustee or director
1$0
Jeff GarstkaDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 1020, REIDSVILLE, NC 27323-1020
Principal officer (990 for 2024)
Diane R Sawyer, P O Box 1020, Reidsville, NC 27323
Signed the 990
Diane R Sawyer, President
Phone
(336) 349-8481
Return prepared by
J Michael Fargis & Associates LLP

Mission

Provide support to menbers through networking events, mentoring, business referrals, promotional opportunities, and a visitor center for the community.

990 for the year ended December 31, 2024

Program accomplishments

  • Visitor Center
    Expenses $30,832 · revenue $47,104
  • Golf tournament
    Expenses $9,736 · revenue $22,459
  • Other community programs
    Expenses $249,933 · revenue $72,173

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
56-0735425
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1962
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$188,320
Income (IRS master file)
$330,706

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$330,706$361,041$188,320IRS
990December 2023$303,107$329,439$228,405XML
990December 2022$286,698$311,107$260,276IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-0735425).

Questions about REIDSVILLE CHAMBER OF COMMERCE INC

What is the EIN of REIDSVILLE CHAMBER OF COMMERCE INC?
The employer identification number (EIN) of REIDSVILLE CHAMBER OF COMMERCE INC is 56-0735425.
Is REIDSVILLE CHAMBER OF COMMERCE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1962.
Are donations to REIDSVILLE CHAMBER OF COMMERCE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does REIDSVILLE CHAMBER OF COMMERCE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of REIDSVILLE CHAMBER OF COMMERCE INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did REIDSVILLE CHAMBER OF COMMERCE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of REIDSVILLE CHAMBER OF COMMERCE INC?
The 990 for the year ended December 31, 2024 names Diane R Sawyer.
Who are the officers and directors of REIDSVILLE CHAMBER OF COMMERCE INC?
The 990 for the year ended December 31, 2024 lists 21 people; 1 received compensation from the organization, the highest $77,833 (Diane Sawyer, President).
How much revenue does REIDSVILLE CHAMBER OF COMMERCE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $330,706, expenses of $361,041 and total assets of $188,320 at year end.

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