Nonprofit · EIN 56-1930236
CAROLINAS LGBT CHAMBER OF COMMERCE INC
Tax-exempt (reinstated) · CHARLOTTE, NC 28217
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $336,589 | $402,742 | -$66,153 | $42,065 | $0 | $42,065 |
| December 31, 2023 | 990 | $435,275 | $541,124 | -$105,849 | $108,218 | $0 | $108,218 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $255,239
- Membership dues
- $231,925
- Program service revenue
- $80,523
- Investment income
- $827
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $52,000
- Salaries, compensation and benefits (total)
- $56,398
- Professional fundraising fees
- $0
- Accounting fees
- $2,811
- Occupancy
- $29,887
- Program services (functional)
- $337,448
- Management and general (functional)
- $65,294
Balance sheet and other
- Total assets, start of year
- $108,218
- Total assets, end of year
- $42,065
- Total liabilities, end of year
- $0
- Net assets, end of year
- $42,065
- Gross receipts
- $336,589
- Employees
- 1
- Volunteers
- 45
- Year formed
- 1992
- 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 |
|---|---|---|---|
| MELISSA MORRIS | CHAIR Trustee or director, Officer | 10 | $0 |
| BRYAN VANHUYSTEE | DIRECTOR OF FINANCE Trustee or director, Officer | 10 | $0 |
| MATTHEW HUMPHREY | VICE-CHAIR Trustee or director, Officer | 10 | $0 |
| NATE TURNER | DIRECTOR Trustee or director | 5 | $0 |
| STEPHEN MADDOZ | DIRECTOR Trustee or director | 5 | $0 |
| ADAM HAYES | DIRECTOR Trustee or director | 5 | $0 |
| DONTE PRAYER | DIRECTOR Trustee or director | 5 | $0 |
| ZACH ANDERSON | DIRECTOR Trustee or director | 5 | $0 |
| JEN CARBUTO | DIRECTOR Trustee or director | 5 | $0 |
| CHELBY NETTLES | DIRECTOR Trustee or director | 5 | $0 |
| BETTHANY CORRIGAN | DIRECTOR Trustee or director | 5 | $0 |
| CHAD TURNER | CEO Officer | 40 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KELLY DURDEN | DIRECTOR Trustee or director | 10 | $0 |
| M STEPHEN MADDOX | DIRECTOR Trustee or director | 10 | $0 |
| PRESTON RICHARDSON | DIRECTOR Trustee or director | 10 | $0 |
| MELISSA MORRIS | DIRECTOR Trustee or director | 10 | $0 |
| ADAM HAYES | DIRECTOR Trustee or director | 10 | $0 |
| LORENA GOMEZ | DIRECTOR Trustee or director | 10 | $0 |
| BECKY KNIGHT | DIRECTOR Trustee or director | 10 | $0 |
| NATE TURNER | DIRECTOR Trustee or director | 10 | $0 |
| JEN CARBUTO | VICE-CHAIR Trustee or director, Officer | 20 | $0 |
| TIFFANY KEATON | CHAIR Trustee or director, Officer | 20 | $0 |
| JANELLEMARIE JARVIS | VICE-CHAIR Trustee or director, Officer | 10 | $0 |
| JASON MORTON | VICE-CHAIR Trustee or director, Officer | 10 | $0 |
| BRYAN VANHUYSTEE | DIRECTOR OF FINANCE Trustee or director, Officer | 20 | $0 |
| CHAD TURNER | CEO Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 3520 DEWITT LN STE 108, CHARLOTTE, NC 28217-1606
- In care of
- % CHAD TURNER
- Mailing address (990-N for 2019)
- PO Box 33371, Charlotte NC 28233
- Signed the 990
- CHAD TURNER, EXECUTIVE DIRECTOR
- Phone
- (408) 832-2195
- Website
- WWW.CLGBTCC.ORG
- Return prepared by
- RICHARD A GRIMSTAD CPA PC
Mission
TO GROW AND ADVANCE ECONOMIC SUCCESS, EQUITY & INCLUSION ACROSS THE CAROLINAS FOR LGBTQ+ AND ALLIED BUSINESSES AND PROFESSIONALS.
Program accomplishments
- ANNUAL AWARDS GALA - ANNUAL EVENT FOCUSING ON BUSINESS AND COMMUNITY MEMBERS WHO HAVE MADE SIGNIFICANT IMPACTS ACROSS THE REGION.Expenses $67,714
- LUNCH & LEARN SERIES AND OTHER NETWORKING EVENTS - ENGAGE AND EDUCATE THROUGH OUR LUNCH & LEARN SERIES, WHERE PROFESSIONALS COME TOGETHER FOR INTERACTIVE SESSIONS ON DIVERSE TOPICS. ATTENDEES CAN EXPAND THEIR KNOWLEDGE, NETWORK WITH INDUSTRY LEADERS, AND ENJOY A PRODUCTIVE LUNCH HOUR FILLED WITH VALUABLE INSIGHTS.Expenses $51,494
- SUPPLIER DIVERSITY INTIATIVES - THIS PROGRAM FOCUSES ON EMPOWERING MINORITY SMALL BUSINESSES WITHIN THE LGBTQ COMMUNITY THROUGH COMPREHENSIVE TRAINING, GUIDANCE, AND SUPPORT. WE OFFER ASSISTANCE TO THESE BUSINESSES TO HELP THEM OBTAIN CERTIFICATIONS, NAVIGATE PROCUREMENT OPPORTUNITIES, AND ENHANCE THEIR ABILITY TO RESPOND TO RFPS. THIS PROGRAM IS A CATALYST FOR FOSTERING INCLUSIVITY, ECONOMIC GROWTH, AND BUSINESS SUCCESS.Expenses $38,251
- Expenses $179,989
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
- 56-1930236
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S40)
- Assets (IRS master file)
- $42,065
- Income (IRS master file)
- $336,589
Revocation and reinstatement
- Exemption revoked
- May 15, 2010
- Posted by the IRS
- June 9, 2011
- Reinstated
- Effective May 15, 2010
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $336,589 | $402,742 | $42,065 | XML |
| 990 | December 2023 | $435,275 | $541,124 | $108,218 | XML |
| 990 | December 2022 | $351,460 | $285,053 | $214,067 | IRS |
| 990 | December 2021 | $201,511 | $148,125 | $147,660 | IRS |
| 990 | December 2020 | $229,979 | $180,268 | $94,274 | IRS |
| 990-N for 2019 | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
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 56-1930236).
Questions about CAROLINAS LGBT CHAMBER OF COMMERCE INC
- What is the EIN of CAROLINAS LGBT CHAMBER OF COMMERCE INC?
- The employer identification number (EIN) of CAROLINAS LGBT CHAMBER OF COMMERCE INC is 56-1930236.
- Is CAROLINAS LGBT CHAMBER OF COMMERCE INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective May 15, 2010.
- Are donations to CAROLINAS LGBT CHAMBER OF COMMERCE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CAROLINAS LGBT 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 CAROLINAS LGBT 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 CAROLINAS LGBT 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 are the officers and directors of CAROLINAS LGBT CHAMBER OF COMMERCE INC?
- The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
- How much revenue does CAROLINAS LGBT CHAMBER OF COMMERCE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $336,589, expenses of $402,742 and total assets of $42,065 at year end.
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