Nonprofit · EIN 56-0798467
CHAPEL HILL CARBORO CHAMBER OF COMMERCE
Tax-exempt · CHAPEL HILL, NC 27514
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,506,009 | $1,433,112 | $72,897 | $630,249 | $453,131 | $177,118 |
| December 31, 2023 | 990 | $1,388,418 | $1,372,293 | $16,125 | $617,007 | $520,647 | $96,360 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $303,781
- Program service revenue
- $998,029
- Investment income
- $5,954
- Royalties
- $4,000
- Net gain from sales of assets
- $3,468
- Other revenue
- $198,245
Expenses
- Grants and similar amounts paid
- $90,000
- Compensation of officers, directors and key employees
- $267,838
- Other salaries and wages
- $479,085
- Salaries, compensation and benefits (total)
- $875,964
- Professional fundraising fees
- $0
- Legal fees
- $5,000
- Accounting fees
- $6,595
- Occupancy
- $31,535
- Depreciation
- $16,481
Balance sheet and other
- Total assets, start of year
- $617,007
- Total assets, end of year
- $630,249
- Total liabilities, end of year
- $453,131
- Net assets, end of year
- $177,118
- Land, buildings and equipment
- $209,576
- Publicly traded securities
- $106,999
- Gross unrelated business income
- $8,065
- Gross receipts
- $1,506,009
- Employees
- 11
- Volunteers
- 200
- Year formed
- 1978
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| AARON NELSON NV | PRESIDENT/CEO & SECRETARY Officer | 45 | $241,768 | $26,070 |
| DAN LEHMAN | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| BETSY HARRIS | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| LORI DOHERTY | IMMEDIATE PAST CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| SWETA ADKIN | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| ROBERT SAUNDERS NV | GENERAL COUNSEL Trustee or director | 1 | $0 | $0 |
| ELIE ABOU-RJEILEH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JES ANDERSON NV | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MANISH ATMA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JES AVERHART | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DONNA BELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LA-TASHA BEST-GADDY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CREIGHTON BLACKWELL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| TIM DALTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GREG FITCH | DIRECTOR Trustee or director | 1 | $0 | $0 |
21 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BARBARA FOUSHEE NV | DIRECTOR Trustee or director | 1 | $0 |
| RORY GILLIS | DIRECTOR Trustee or director | 1 | $0 |
| NYAH HAMLETT | DIRECTOR Trustee or director | 1 | $0 |
| KELLY HOLCOMBE | DIRECTOR Trustee or director | 1 | $0 |
| JOEL LEVY | DIRECTOR Trustee or director | 1 | $0 |
| GREG LEWIS | DIRECTOR Trustee or director | 1 | $0 |
| SCOTT MAITLAND | DIRECTOR Trustee or director | 1 | $0 |
| LYDIA MASON | DIRECTOR Trustee or director | 1 | $0 |
| CHRIS MCCLURE | DIRECTOR Trustee or director | 1 | $0 |
| EARL MCKEE NV | DIRECTOR Trustee or director | 1 | $0 |
| JIM MCNEELY | DIRECTOR Trustee or director | 1 | $0 |
| POONAM NANDANI | DIRECTOR Trustee or director | 1 | $0 |
| TOLA OGUNTOYINBO | DIRECTOR Trustee or director | 1 | $0 |
| JENNIFER PLAYER | DIRECTOR Trustee or director | 2 | $0 |
| ELIAZAR POSADA | DIRECTOR Trustee or director | 1 | $0 |
| CAROLINE RIGGSBEE | DIRECTOR Trustee or director | 1 | $0 |
| LAUREN RIVERS | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL RODRIGUEZ | DIRECTOR Trustee or director | 1 | $0 |
| WES ROWE | DIRECTOR Trustee or director | 1 | $0 |
| RYAN STEWART | DIRECTOR Trustee or director | 1 | $0 |
| JULIA WRIGHT | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 37 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| AARON NELSON NV | PRESIDENT/CEO & SECRETARY Officer | 45 | $226,136 | $31,611 |
| LORI DOHERTY | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| DAN LEHMAN | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| SWETA ADKIN | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| VAKESIA GRAVES | IMMEDIATE PAST CHAIR Trustee or director | 1 | $0 | $0 |
| ROBERT SAUNDERS NV | GENERAL COUNSEL Trustee or director | 1 | $0 | $0 |
| ELIE ABOU-RJEILEH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MANISH ATMA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JES AVERHART | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DONNA BELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CREIGHTON BLACKWELL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LA-TASHA BEST GADDY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TIM DALTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ZOE DEHMER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GREG FITCH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RORY GILLIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NYAH HAMLETT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BETSY HARRIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PAM HEMMINGER NV | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KELLY HOLCOMBE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOEL LEVY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SCOTT MAITLAND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LYDIA MASON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRIS MCLURE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| POONAM NANDANI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TOLA OGUNTOYINBO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRIS PERONTO | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JENNIFER PLAYER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ELIAZAR POSADA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANNA RICHARDS NV | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CAROLINE RIGGSBEE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL RODRIGUEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WES ROWE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAMON SEILS NV | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARK SHERBURNE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RYAN STEWART | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CONNOLLY WALKER | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 104 S ESTES DR STE 102, CHAPEL HILL, NC 27514-2866
- Principal officer (990 for 2024)
- AARON NELSON, 104 SOUTH ESTES DRIVE PO BOX 2897, CHAPEL HILL, NC 275152897
- Signed the 990
- AARON NELSON, PRESIDENT & CEO
- Phone
- (919) 967-7075
- Website
- WWW.CAROLINACHAMBER.ORG
- Return prepared by
- BLACKMAN & SLOOP ADVISORS INC
Mission
THE CHAMBER'S MISSION IS TO SERVE AND ADVANCE LOCAL BUSINESS INTERESTS AND BUILD A RESILIENT COMMUNITY WHERE BUSINESS THRIVES. THE CHAMBER CONNECTS, ADVOCATES, DRIVES PROGRESS AND BUILDS COMMUNITY.
Program accomplishments
- THE CHAMBER HAD THE FOLLOWING PROGRAM ACCOMPLISHMENTS IN 2024: CLIENTS SERVED: 600 BUSINESSES AND NONPROFIT MEMBERS, AND A NETWORK OF 2500 BUSINESS AND COMMUNITY LEADERS, 1000+ RELOCATORS, AND 1000+ VISITORS.SUCCESSFULLY CONNECTED MEMBERS TO THE PEOPLE, INFORMATION, AND RESOURCES THEY NEED TO THRIVE; ADVOCATED FOR LOCAL BUSINESS INTERESTS; AND DROVE PROGRESS AND BUILT COMMUNITY.ORGANIZED AND MANAGED MORE THAN ONE HUNDRED ONLINE AND IN PERSON MEETINGS AND EVENTS TO KEEP MEMBERS INFORMED AND CONNECTED AND THAT HELPED IMPROVE THE LOCAL ECOSYSTEM AND INFRASTRUCTURE NEEDED TO HELP ENTERPRISES SUCCEED.ADMINISTERED SMALL BUSINESS GRANTS AND PROVIDED TECHNICAL ASSISTANCE AND SUPPORT TO LOCAL ENTERPRISES.STRENGTHENED CHAMBER EXPORT SERVICES AND HELPED BUSINESSES EXPORT HUNDREDS OF PRODUCTS THROUGH CHAMBEREXPORT.COM.PARTNERED TO SERVE MORE THAN 500 CHAMBER MEMBER EMPLOYEES IN THE SMALL BUSINESS HEALTH PLAN PROVIDING HIGH-QUALITY, LOW-COST HEALTH AND DENTAL SERVICES.ACHIEVED 90% MEMBER SATISFACTION AND MEMBER RETENTION RATE.SUCCESSFULLY SUPPORTED SMALL BUSINESS JOB GROWTH, EXPANSION, DEVELOPMENT, AND SUCCESS.SUCCESSFULLY ADVOCATED FOR IMPROVEMENTS TO THE LOCAL GOVERNMENT DEVELOPMENT AND BUSINESS REGULATIONS.PARTNERED WITH LOCAL ECONOMIC DEVELOPMENT ORGANIZATIONS TO RECRUIT NEW EMPLOYERS TO THE REGION.SAVED MEMBERS THOUSANDS OF DOLLARS THROUGH 8 STRATEGIC PARTNERSHIPS AND 20+ MEMBER TO MEMBER BENEFITS.RECOGNIZED BEST-IN-CLASS BUSINESSES AT THE 10TH ANNUAL BUSINESS EXCELLENCE AWARDS.PROVIDED HUNDREDS OF ONLINE REFERRALS TO MEMBER BUSINESSES.WELCOMED DOZENS OF NEW MEMBERS TO THE CHAMBER.DELIVERED MONTHLY, MEMBER GOVERNMENT BRIEFINGS ON KEY GOVERNMENT ISSUES AND CHANGES AFFECTING THEIR BUSINESSES.ORGANIZED INDUSTRY PROFESSIONAL CALLS FOR REAL ESTATE, NON-PROFITS, AND RETAILERS.PARTNERED TO PRODUCE A VISITOR AND RELOCATION MAGAZINE AND COMMUNITY MAP TO CONNECT BUSINESS WITH THEIR CUSTOMERS.EXCEEDED THE $1.4 MILLION GOAL OF THE CAMPAIGN FOR A GREATER CHAPEL HILL-CARRBORO AND EXPANDED STAFF AND GREW ORGANIZATIONAL CAPACITY TO ADVANCE A CLEAR SET OF COMMUNITY OBJECTIVES FOCUSED ON STRENGTHENING SMALL BUSINESS SUPPORT, WORKFORCE DEVELOPMENT, AND AFFORDABLE HOUSING.PARTNERED WITH THE PARTNERSHIP FOR A GREATER CHAPEL HILL-CARRBORO TO ORGANIZE AN INTERCITY VISIT AND LEADERSHIP CONFERENCE IN ANN ARBOR MICHIGAN.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 56-0798467
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1979
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $630,249
- Income (IRS master file)
- $1,506,009
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,506,009 | $1,433,112 | $630,249 | XML |
| 990 | December 2023 | $1,388,418 | $1,372,293 | $617,007 | XML |
| 990 | December 2022 | $1,019,842 | $1,170,691 | $626,702 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 56-0798467).
Questions about CHAPEL HILL CARBORO CHAMBER OF COMMERCE
- What is the EIN of CHAPEL HILL CARBORO CHAMBER OF COMMERCE?
- The employer identification number (EIN) of CHAPEL HILL CARBORO CHAMBER OF COMMERCE is 56-0798467.
- Is CHAPEL HILL CARBORO CHAMBER OF COMMERCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1979.
- Are donations to CHAPEL HILL CARBORO CHAMBER OF COMMERCE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CHAPEL HILL CARBORO CHAMBER OF COMMERCE 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 CHAPEL HILL CARBORO CHAMBER OF COMMERCE 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 CHAPEL HILL CARBORO CHAMBER OF COMMERCE 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 CHAPEL HILL CARBORO CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2024 names AARON NELSON.
- Who are the officers and directors of CHAPEL HILL CARBORO CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2024 lists 36 people; 1 received compensation from the organization, the highest $241,768 (AARON NELSON NV, PRESIDENT/CEO & SECRETARY).
- How much revenue does CHAPEL HILL CARBORO CHAMBER OF COMMERCE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,506,009, expenses of $1,433,112 and total assets of $630,249 at year end.
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