Civic Intelligence

Black Mountain Swannanoa Chamber Of

EIN 56-0556064 • 501(c)6 • Black Mtn, NC

Profile

Chamber of commerce for the black mountain-swannanoa area

201 E State StBlack Mtn, NC 28711

blackmountain.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.01x

Higher debt load relative to assets than 59% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

56th percentile

0.01x

Higher debt load relative to revenue than 56% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

27th percentile

-14%

Higher net margin than 27% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

85th percentile

$32,390

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 21.1% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

24th percentile

-24%

Faster asset growth than 24% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

63rd percentile

7.2%

Faster revenue growth than 63% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$85,251

Down $42,466 (-33%) from 2022

Liabilities

Down

$632

Down $362 (-36%) from 2022

Net Assets

Down

$84,619

Down $42,104 (-33%) from 2022

Operations
Liabilities / Revenue56th percentileNet Margin27th percentile

Revenue

Down

$143,483

Down $33,941 (-19%) from 2022

Expenses

Up

$173,766

Up $19,735 (+13%) from 2022

Net Income

Down

-$30,283

Down $53,676 (-229%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth24th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0-$50KAssets 2011: $122,115Liabilities 2011: $1122011Assets 2012: $116,029Liabilities 2012: $42Net Assets 2012: $115,9872012Assets 2013: $113,191Liabilities 2013: $646Net Assets 2013: $112,5452013Assets 2014: $137,247Liabilities 2014: $2,358Net Assets 2014: $134,8892014Assets 2015: $119,069Net Assets 2015: $119,0692015Assets 2016: $98,602Net Assets 2016: $98,6022016Assets 2017: $96,938Liabilities 2017: $26Net Assets 2017: $96,9122017Assets 2018: $113,998Liabilities 2018: -$4Net Assets 2018: $114,0022018Assets 2019: $116,685Net Assets 2019: $116,6852019Assets 2020: $87,362Liabilities 2020: $87,3622020Assets 2021: $105,698Liabilities 2021: $92,072Net Assets 2021: $13,6262021Assets 2022: $127,717Liabilities 2022: $994Net Assets 2022: $126,7232022Assets 2023: $85,251Liabilities 2023: $632Net Assets 2023: $84,6192023

Highlighted filing

2023

Assets$85,251
Liabilities$632
Net Assets$84,619
Open 2023 Filing

Operations Trend

Revenue Growth63rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2011: $138,559Expenses 2011: $153,853Net Income 2011: -$15,2942011Revenue 2012: $170,014Expenses 2012: $176,030Net Income 2012: -$6,0162012Revenue 2013: $153,289Expenses 2013: $156,730Net Income 2013: -$3,4412013Revenue 2014: $190,481Expenses 2014: $168,137Net Income 2014: $22,3442014Revenue 2015: $176,885Expenses 2015: $192,705Net Income 2015: -$15,8202015Revenue 2016: $196,881Expenses 2016: $217,348Net Income 2016: -$20,4672016Revenue 2017: $175,737Expenses 2017: $177,425Net Income 2017: -$1,6882017Revenue 2018: $208,050Expenses 2018: $190,958Net Income 2018: $17,0922018Revenue 2019: $190,212Expenses 2019: $187,528Net Income 2019: $2,6842019Revenue 2020: $125,685Expenses 2020: $132,772Net Income 2020: -$7,0872020Revenue 2021: $169,113Expenses 2021: $155,487Net Income 2021: $13,6262021Revenue 2022: $177,424Expenses 2022: $154,031Net Income 2022: $23,3932022Revenue 2023: $143,483Expenses 2023: $173,766Net Income 2023: -$30,2832023

Highlighted filing

2023

Revenue$143,483
Expenses$173,766
Net Income-$30,283
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$85,251
Liabilities
$632
Net assets
$84,619
Revenue
$143,483
Expenses
$173,766
Net income
-$30,283
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.85$0.01$0.85$1.43$1.74$0.30
2022Detailed filing. Detailed filing data is available for this year.$1.28$0.01$1.27$1.77$1.54$0.23
2021Detailed filing. Detailed filing data is available for this year.$1.06$0.92$0.14$1.69$1.55$0.14
2020Summary only. Only limited summary data is available for this year.$0.87$0.87$1.26$1.33$0.07
2019Detailed filing. Detailed filing data is available for this year.$1.17$1.17$1.90$1.88$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.14$0.00$1.14$2.08$1.91$0.17
2017Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$1.76$1.77$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.99$0.99$1.97$2.17$0.20
2015Detailed filing. Detailed filing data is available for this year.$1.19$1.19$1.77$1.93$0.16
2014Detailed filing. Detailed filing data is available for this year.$1.37$0.02$1.35$1.90$1.68$0.22
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.01$1.13$1.53$1.57$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.00$1.16$1.70$1.76$0.06
2011Summary only. Only limited summary data is available for this year.$1.22$0.00$1.39$1.54$0.15
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Mar 25, 2025
Return Version
2023v6.0
Gross Receipts
$153,042
Mission and Program Overview

Mission

The mission of the Black Mountain Swannanoa Chamber of Commerce is to serve as the voice of local businesses, fostering a thriving economic environment by supporting entrepreneurship, advocating for business- friendly policies, and championing initiatives that drive sustainable growth.

Program Services

DescriptionGrantsExpenses
Sourwood Festival: 30,000 multi-state attendees for a two-day festival,greatly enhancing sales in all areas of the community.-$147,700
Christmas Parade: Fosters the essence of the season and encouragespeople to visit for the weekend boosting sales in local restaurants,shops and hotels. The event showcases the entire area.--
Holly Jolly: brings thousands of people to downtown Black Mountain toshop before Christmas and promote Chamber member businesses.Black Mountain Marathon: a 40-mile race held in February when tourism is down.--
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sharon TaborExecutive DirectorFT$33,335-$33,335
William J BurkBoard PresidentPT$0--
Kannah BegleyTreasurerPT$0--
Judi MeltonSecretaryPT$0--
Doug HayBoard Member-$0--
Peter BallhausenBoard Member-$0--
Matthew Daughtry-GrubbsBoard Member-$0--
Jennifer HoltBoard Member-$0--
Bill McGeeBoard Member-$0--
Tom McMurtryBoard Member-$0--
Scott SearsBoard Member-$0--
AJ StewartBoard Member-$0--
June VengoecheaBoard Member-$0--
Ken KramerBoard Member-$0--
Joe LaudenslayerBoard Member-$0--
Maggie BakerBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Black Mountain Swannanoa Chamber of Commerce Inc
EIN
56-0556064
Phone
8286692300
Address
201 East State Street, Black Mountain, NC 28711

Signing Officer

Name
Kannah L Begley
Title
Treasurer
Phone
8286692300
Signed
2025-03-25
Discuss with paid preparer
Yes

Preparer

Firm
Corliss & Solomon Pllc
Address
242 CHARLOTTE ST SUITE 1, ASHEVILLE, NC 28801
Preparer
Todd Oldenburg
Phone
8282360206
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 8

“Other Income 536.”

Form 990EZ, Part I, Line 16

“Depreciation 1450.”

Form 990EZ, Part I, Line 16

“Event Expense 28415.”

Form 990EZ, Part I, Line 16

“Office Expense 11451.”

Form 990EZ, Part I, Line 16

“Marketing Expense 8655.”

Form 990EZ, Part I, Line 16

“Insurance 5930.”

Form 990EZ, Part I, Line 16

“IT/Website 2110.”

Form 990EZ, Part I, Line 16

“Travel 934.”

Form 990EZ, Part I, Line 16

“Miscellaneous 3472.”

Form 990EZ, Part II, Line 24

“Inventory 7077. 7757.”

Form 990EZ, Part II, Line 26

“Payroll Tax Payable 2050. 632.”

Form 990EZ, Part II, Line 26

“Credit Card payable 1165. 0.”

Raw XML Appendix228 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Holly Jolly: brings thousands of people to downtown Black Mountain toshop before Christmas and promote Chamber member businesses.Black Mountain Marathon: a 40-mile race held in February when tourism is down.
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0Kannah L Begley
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum08286692300
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-25
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ReturnHeader/Filer/EIN0560556064
ReturnHeader/Filer/PhoneNum08286692300
ReturnHeader/Filer/USAddress/AddressLine1Txt0201 East State Street
ReturnHeader/Filer/USAddress/CityNm0Black Mountain
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CORLISS & SOLOMON PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0242 CHARLOTTE ST SUITE 1
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ASHEVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028801
ReturnHeader/PreparerPersonGrp/PhoneNum08282360206
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Todd Oldenburg
ReturnHeader/ReturnTs02025-04-01T11:26:24-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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