Civic Intelligence

Mount Airy Chamber of Commerce Inc

EIN 56-0682460 • 501(c)6 • Mount Airy, NC

Profile

To advance, promote and encourage successful business growth for our members.

PO Box 913Mount Airy, NC 27030

mtairyncchamber.org

Siviq Scores

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

Liabilities / Assets

50th percentile

0.04x

Higher debt load relative to assets than 50% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

43rd percentile

0.02x

Higher debt load relative to revenue than 43% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

46th percentile

2.3%

Higher net margin than 46% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

52nd percentile

$35,790

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 6.0% of source-year revenue.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Asset Growth

37th percentile

-0.4%

Faster asset growth than 37% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

65th percentile

11%

Faster revenue growth than 65% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$285,091

Down $1,214 (-0.4%) from 2023

Liabilities

Down

$12,372

Down $16,206 (-57%) from 2023

Net Assets

Up

$272,719

Up $14,992 (+5.8%) from 2023

Revenue

Up

$592,027

Up $60,805 (+11%) from 2023

Expenses

Down

$578,287

Down $7,480 (-1.3%) from 2023

Net Income

Up

$13,740

Up $68,285 (+125%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $339,997Liabilities 2011: $6,524Net Assets 2011: $333,4732011Assets 2012: $343,964Liabilities 2012: $2,684Net Assets 2012: $341,2802012Assets 2013: $356,528Liabilities 2013: $5,877Net Assets 2013: $350,6512013Assets 2014: $362,110Liabilities 2014: $10,461Net Assets 2014: $351,6492014Assets 2015: $358,335Liabilities 2015: $12,628Net Assets 2015: $345,7072015Assets 2016: $357,052Liabilities 2016: $21,500Net Assets 2016: $335,5522016Assets 2017: $374,513Liabilities 2017: $43,695Net Assets 2017: $330,8182017Assets 2018: $351,485Liabilities 2018: $31,543Net Assets 2018: $319,9422018Assets 2019: $399,514Liabilities 2019: $44,788Net Assets 2019: $354,7262019Assets 2020: $345,949Liabilities 2020: $42,190Net Assets 2020: $303,7592020Assets 2021: $436,272Liabilities 2021: $47,188Net Assets 2021: $389,0842021Assets 2022: $361,877Liabilities 2022: $48,374Net Assets 2022: $313,5032022Assets 2023: $286,305Liabilities 2023: $28,578Net Assets 2023: $257,7272023Assets 2024: $285,091Liabilities 2024: $12,372Net Assets 2024: $272,7192024

Highlighted filing

2024

Assets$285,091
Liabilities$12,372
Net Assets$272,719

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $310,030Expenses 2011: $312,979Net Income 2011: -$2,9492011Revenue 2012: $320,166Expenses 2012: $312,359Net Income 2012: $7,8072012Revenue 2013: $327,815Expenses 2013: $318,444Net Income 2013: $9,3712013Revenue 2014: $319,269Expenses 2014: $321,458Net Income 2014: -$2,1892014Revenue 2015: $313,560Expenses 2015: $316,487Net Income 2015: -$2,9272015Revenue 2016: $342,198Expenses 2016: $357,691Net Income 2016: -$15,4932016Revenue 2017: $352,470Expenses 2017: $362,489Net Income 2017: -$10,0192017Revenue 2018: $382,087Expenses 2018: $375,063Net Income 2018: $7,0242018Revenue 2019: $407,465Expenses 2019: $393,179Net Income 2019: $14,2862019Revenue 2020: $286,526Expenses 2020: $342,621Net Income 2020: -$56,0952020Revenue 2021: $489,338Expenses 2021: $418,749Net Income 2021: $70,5892021Revenue 2022: $459,624Expenses 2022: $499,926Net Income 2022: -$40,3022022Revenue 2023: $531,222Expenses 2023: $585,767Net Income 2023: -$54,5452023Revenue 2024: $592,027Expenses 2024: $578,287Net Income 2024: $13,7402024

Highlighted filing

2024

Revenue$592,027
Expenses$578,287
Net Income$13,740

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.85$0.12$2.73$5.92$5.78$0.14
2023Summary only. Only limited summary data is available for this year.$2.86$0.29$2.58$5.31$5.86$0.55
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.62$0.48$3.14$4.60$5.00$0.40
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.36$0.47$3.89$4.89$4.19$0.71
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.46$0.42$3.04$2.87$3.43$0.56
2019Summary only. Only limited summary data is available for this year.$4.00$0.45$3.55$4.07$3.93$0.14
2018Summary only. Only limited summary data is available for this year.$3.51$0.32$3.20$3.82$3.75$0.07
2017Summary only. Only limited summary data is available for this year.$3.75$0.44$3.31$3.52$3.62$0.10
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.57$0.22$3.36$3.42$3.58$0.15
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.58$0.13$3.46$3.14$3.16$0.03
2014Detailed filing. Detailed filing data is available for this year.$3.62$0.10$3.52$3.19$3.21$0.02
2013Detailed filing. Detailed filing data is available for this year.$3.57$0.06$3.51$3.28$3.18$0.09
2012Summary only. Only limited summary data is available for this year.$3.44$0.03$3.41$3.20$3.12$0.08
2011Summary only. Only limited summary data is available for this year.$3.40$0.07$3.33$3.10$3.13$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 17, 2025
Return Version
2024v5.2
Gross Receipts
$692,027
Mission and Program Overview

Mission

To advance, promote and encourage successful business growth for our members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$260,128$268,253▲ $8,125
Accounts Receivable$15,266$9,397▼ $5,869
Land, Buildings, and Equipment, Net$2,963$7,148▲ $4,185
Prepaid Expenses and Deferred Charges$2,660--
Inventories for Sale or Use$589$589→ $0
Cash and Non-Interest-Bearing Accounts$4,699$-296▼ $4,995
Total Assets$286,305$285,091▼ $1,214
Liabilities
Deferred Revenue$6,758$12,200▲ $5,442
Accounts Payable and Accrued Expenses$21,820$172▼ $21,648
Total Liabilities$28,578$12,372▼ $16,206
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$257,727$272,719▲ $14,992
Total Net Assets Fund Balance$257,727$272,719▲ $14,992
Total Liabilities and Net Assets / Fund Balance$286,305$285,091▼ $1,214

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,148$67,068$74,216
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Renae ShafferFinance DirectorFT$35,790$35,790
Ashly LancasterPresident & CEOFT$25,012$25,012
Steve YokeleyDirector-$14,951$14,951

Board Members and Trustees

NameTitle
Wendy WoodChair
Dr Candace HolderChair Elect
Lenise LynchImmediate Past Chair
Chad TiddVice Chair
Amanda FretwellDirector
Connie HamlinDirector
Hall RobertsDirector
Joe ZalescikDirector
Melissa HiattDirector
Peter RaymerDirector
Richie ParkerDirector
Robbie GardnerDirector
Rylee GilesDirector
Taylor YoungerDirector
Todd EnnisDirector
Tonda PhillipsDirector
Blake MoyerEx-officio
Chris KnopfEx-officio
Darren LewisEx-officio
Dr Phillip BrownEx-officio
Dr Travis ReevesEx-officio
Jessica RobertsEx-officio
Raleigh ScalesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$161,184
Program Service Revenue
$418,222
Investment Income
$12,621
Other Revenue
$0
Change in Net Assets
$13,740
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$380,442
Salaries, Compensation, and Employee Benefits$197,845
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$21,089$84,355-$105,444
Other Salaries and Wages$37,497$39,437-$76,934
Occupancy-$28,658-$28,658
Office Expenses-$23,978-$23,978
All Other Expenses$8,130$8,290-$16,420
Payroll Taxes$4,425$9,454-$13,879
Other Expenses$63,843$13,042-$13,042
Insurance-$3,969-$3,969
Travel$972$1,805-$2,777
Fees for Services Accounting-$2,600-$2,600
Depreciation Depletion-$1,863-$1,863
Information Technology-$1,364-$1,364
Pension Plan Contributions$930--$930
Other Employee Benefits-$658-$658
Advertising$151$453-$604
Total Functional Expenses$272,452$305,835$0$578,287
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has members, said members all have the same voting rights.

Form 990, Part VI, Section A, Line 7A

Members have the right to vote annually for board members.

Form 990, Part VI, Section B, Line 11B

The chamber finance director and treasurer review the form 990 before it is signed and filed.

Form 990, Part VI, Section B, Line 12C

As soon as the board discovers a conflict of interest with a board member. The board asks the individual involved to step off the board.

Form 990, Part VI, Section B, Line 15B

Review and approval of compensation for the chamber staff is determined by the ceo. The executive board determines the compensation for the president and ceo.

Form 990, Part VI, Section C, Line 19

The chamber's governing documents, conflict of interest policy and financial statements are available to the public upon request at the chamber office.

Form 990, Part VII Contact Addresses for Officers, Directors, Etc

Connie hamlin - 1000 ridgecrest lane, mount airy, nc 27030. Lenise lynch - 2029 rockford st, mount airy, nc 27030. Dr. Candace holder - 630 s. Main st, dobson, nc 27017. Raleigh scales - 1922 caudle st, mount airy, nc 27030. Ashly lancaster - 200 n. Main st, mount airy, nc 27030. Rylee giles - 830 rockford st, mount airy, nc 27030. Todd ennis - 802 e atkins st, dobson, nc 27017. Joe zalescik - 1541 w devon dr, mount airy, nc 27030. Richie parker - 819 east atkins st, dobson, nc 27017. Robbie gardner - 1120 w lebanon st, mount airy, nc 27030. Tonda phillips - 2133 rockford st, ste 400, mount airy, nc 27030. Dr. Phillip brown - 351 riverside dr, mount airy, nc 27030. Dr. Travis reeves - p.o. Box 364, dobson, nc 27017. Hall roberts - 1996 rockford st, suite 300, mount airy, nc 27030. Amanda fretwell - 140 north pointe blvd, mount airy, nc 27030. Jessica roberts - p.o. Box 913, mount airy, nc 27030. Darren lewis - 300 s. Main st, mount airy, nc 27030. Blake moyer - 190 virginia st, mount airy, nc 27030. Steve yokeley - 200 n. Main st, mount airy, nc 27030. Renae shaffer - 200 n. Main st, mount airy, nc 27030. Chad tidd - 2007 rockford st, mount airy, nc 27030. Peter raymer - 113 south renfro st, mount airy, nc 27030. Wendy wood - 510 south main st, dobson, nc 27017. Chris knopf - p.o. Box 1467, dobson, nc 27017. Taylor younger - 200 n. Main st, mount airy, nc 27030. Melissa hiatt - 202 moore avenue, mount airy, nc 27030.

Filing and Contact Details

Filer

Filer Name
Mount Airy Chamber of Commerce Inc
EIN
56-0682460
Phone
3367866116
Address
PO BOX 913, MOUNT AIRY, NC 27030

Signing Officer

Name
Renae Shaffer
Title
Finance Director
Phone
3367866116
Signed
2025-07-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Warren Randy Collins
Formed
1959
Legal Domicile
Nc
Voting Board Members
18
Independent Board Members
18
Employees
8
Volunteers
103

Preparer

Firm
Brenda R Lineberry CPA Pc
Address
121 PROFESSIONAL COURT, MOUNT AIRY, NC 27030
Preparer
Brenda R Lineberry
Phone
3367868775
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The chamber has implemented accounting requirements associated with uncertainty in income taxes using the provisions of financial accounting standards board ("fasb") asc 740, income taxes. Using that guidance, tax positions initially need to be recognized in the financial statements when it is more-likely-than-not the positions will be sustained upon examination by the tax authorities. It also provides guidance for derecognition, classification, interest and penalties, accounting in interim periods, disclosure, and transition. As of december 31, 2024, the chamber has no uncertain tax positions that qualify for either recognition or disclosure in the financial statements.

Raw XML AppendixShowing 400 of 509 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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IRS990/ActivityOrMissionDesc0TO ADVANCE, PROMOTE AND ENCOURAGE SUCCESSFUL BUSINESS GROWTH FOR OUR MEMBERS.
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IRS990/Desc0THE ANNUAL AUTUMN LEAVES FESTIVAL IS SOLELY OWNED BY THE GREATER MOUNT AIRY CHAMBER OF COMMERCE AND WAS CREATED AS A REVENUE STREAM FOR THE CHAMBER OF COMMERCE AND TO HELP OUR LOCAL BUSINESSES AND OUR LOCAL NON-PROFIT PARTNERS. THIS THREE DAY STREET FESTIVAL IS ALWAYS HELD ON THE SECOND FULL WEEKEND IN OCTOBER. WITH OVER 200 ARTISTS/CRAFTSMEN AND OVER 25 LOCAL NON-PROFIT FOOD VENDORS THIS FESTIVAL ATTRACTS THOUSANDS TO THE HEART OF DOWNTOWN MOUNT AIRY EACH OCTOBER AND IS A BIG BOOST TO THE ECONOMIC HEALTH OF OUR COMMUNITY. THE BENEFIT IS MUCH LARGER AND WIDE SPREAD THAN JUST THE GREATER MOUNT AIRY CHAMBER OF COMMERCE IT IS COMMUNITY WIDE.
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IRS990/Form990PartVIISectionAGrp/PersonNm9TONDA PHILLIPS
IRS990/Form990PartVIISectionAGrp/PersonNm10DR PHILLIP BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm11DR TRAVIS REEVES
IRS990/Form990PartVIISectionAGrp/PersonNm12HALL ROBERTS
IRS990/Form990PartVIISectionAGrp/PersonNm13AMANDA FRETWELL
IRS990/Form990PartVIISectionAGrp/PersonNm14JESSICA ROBERTS
IRS990/Form990PartVIISectionAGrp/PersonNm15DARREN LEWIS
IRS990/Form990PartVIISectionAGrp/PersonNm16BLAKE MOYER
IRS990/Form990PartVIISectionAGrp/PersonNm17STEVE YOKELEY
IRS990/Form990PartVIISectionAGrp/PersonNm18CHAD TIDD
IRS990/Form990PartVIISectionAGrp/PersonNm19PETER RAYMER
IRS990/Form990PartVIISectionAGrp/PersonNm20WENDY WOOD
IRS990/Form990PartVIISectionAGrp/PersonNm21CHRIS KNOPF
IRS990/Form990PartVIISectionAGrp/PersonNm22TAYLOR YOUNGER
IRS990/Form990PartVIISectionAGrp/PersonNm23MELISSA HIATT
IRS990/Form990PartVIISectionAGrp/PersonNm24ASHLY LANCASTER
IRS990/Form990PartVIISectionAGrp/PersonNm25RENAE SHAFFER
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2425012
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2535790
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1IMMEDIATE PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIR ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt11EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt15EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt16EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt21EX-OFFICIO
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt25FINANCE DIRECTOR
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IRS990/FormationYr01959
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IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
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IRS990/GrantsToOrganizationsInd00
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IRS990/InsuranceGrp/TotalAmt03969
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IRS990/LocalChaptersInd00
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IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0TO ADVANCE, PROMOTE AND ENCOURAGE SUCCESSFUL BUSINESS GROWTH FOR OUR MEMBERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/OtherExpensesGrp/Desc1CONTRACT & PROFESSIONAL
IRS990/OtherExpensesGrp/Desc2OTHER EVENTS EXPENSES
IRS990/OtherExpensesGrp/Desc3DUES & SUBSCRIPTIONS
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE CHAIRMAN'S CUP GOLF TOURNAMENT IS AN ANNUAL ONE DAY LOCAL EVENT THAT ALLOWS BUSINESSES TO ENTERTAIN THEIR CLIENTS, REWARD THEIR EMPLOYEES AND/OR TO SOCIALIZE WITH OTHER BUSINESSES WITH AN AFTERNOON OF RECREATION ON THE GOLF COURSE. SPONSORSHIP PACKAGES ARE AVAILABLE FOR THOSE BUSINESSES TO ADVERTISE THEIR COMPANY WHILE PLAYING GOLF TO THE OTHER PLAYERS AND TEAMS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt07380
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt09730
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IRS990/PYTotalExpensesAmt0585767
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0531222
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IRS990/RelatedOrganizationCtrlEntInd00
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IRS990/ReportOtherAssetsInd00
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IRS990ScheduleC/OnlyInHouseLobbyingInd00
IRS990ScheduleC/SubstantiallyAllDuesNondedInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt07148

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