Liabilities / Assets
63rd percentile
Higher debt load relative to assets than 63% of similar nonprofits.
Montcross Area Chamber of Commerce
EIN 56-0710166 • 501(c)6 • Belmont, NC
Profile
CHAMBER OF COMMERCE
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.02x
Liabilities / Revenue
59th percentile
Higher debt load relative to revenue than 59% of similar nonprofits.
Net Margin
83rd percentile
Higher net margin than 83% of similar nonprofits.
Top Officer Pay
91st percentile
Higher top officer pay than 91% of similar nonprofits.
Top officer pay equals 36.7% of source-year revenue.
Asset Growth
95th percentile
Faster asset growth than 95% of similar nonprofits.
Revenue Growth
28th percentile
Faster revenue growth than 28% of similar nonprofits.
Balance Sheet
Assets
Up$68,866
Up $32,188 (+88%) from 2023
Liabilities
Down$1,566
Down $3,334 (-68%) from 2023
Net Assets
Up$67,300
Up $35,522 (+112%) from 2023
Revenue
Down$163,532
Down $32,424 (-17%) from 2023
Expenses
Down$128,010
Down $65,844 (-34%) from 2023
Net Income
Up$35,522
Up $33,420 (+1590%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $68,866
- Liabilities
- $1,566
- Net assets
- $67,300
- Revenue
- $163,532
- Expenses
- $128,010
- Net income
- $35,522
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Jul 22, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $180,733
Mission and Program Overview
Mission
Promote commerce in gaston county nc
Promote commerce in gaston county
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PROVIDED ASSISTANCE TO BUSINESSES RECOVERING FROM COVID AND HURRICANE HELENE | - | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JENNIFER REEP | President | FT | $60,000 | - | $60,000 |
Filing and Contact Details
Filer
- Filer Name
- Montcross Area Chamber of Commerce
- EIN
- 56-0710166
- In Care Of
- % JENNIFER REEP
- Phone
- 7048255307
- Address
- PO BOX 368, BELMONT, NC 28012
Signing Officer
- Name
- Jennifer Reep
- Title
- President
- Phone
- 7048255307
- Signed
- 2025-07-22
- Discuss with paid preparer
- No
Preparer
- Firm
- Rapid Cash Refund Inc
- Address
- 2831 S York Rd, GASTONIA, NC 28052
- Preparer
- Rhonda Goodman
- Phone
- 7048101040
Supplemental Narrative
Additional Explanations
Description of other revenue Part I line 8
“Description AmountWEBLINK 780PARADE FUNDRAISER 5,777SBB PROGRAM INCOME 2,500WELCOME GUIDE 4,200”
Description of other expenses Part I line 16
“Description AmountADVERTISING AND MARKETING 1,084BANK CHARGES AND FEES 128DIRECT DEPOSIT FEES 32BOARD MEETING EXPENSE 437CREDIT CARD FEES 1,839LEGAL AND PROFESSIONAL SERVICES 2,760MEALS AND ENTERTAINMENT 30OFFICE SUPPLIES AND SOFTWARE 927OTHER BUSINESS EXPENSE 4,340SOFTWARE EXPENSE 4,082TAXES AND LICENSES 12TECHNOLOGY EXPENSE 6,647UNCATEGORIZED EXPENSE 120EMPLOYER SOCIAL SECURITY 3,161EMPLOYER MEDICARE 739FUTA AND SUTA 141DUES AND SUBSCRIPTIONS 200MEMBER SERVICES EXPENSE 700CHRISTMAS PARADE EXPENSE 11,847”
Description of other assets Part II line 24
“Category Beginning of Year End of YearPAYROLL TAX RECEIVABLE 3,451 0”
Description of total liabilities Part II line 26
“Category Beginning of Year End of YearPAYROLL LIABILITIES 4,900 1,566”
Raw XML Appendix105 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.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | JENNIFER REEP |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 7047189080 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 32 LAKE DRIVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | BELMONT |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NC |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 28012 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 27627 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 63266 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 35522 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 27600 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 36678 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 68866 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 12527 |
| IRS990EZ/GrossReceiptsAmt | 0 | 180733 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 26 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 5600 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 5600 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MembershipDuesAmt | 0 | 71303 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 31778 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 67300 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 31778 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 67300 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 9442 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 60000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JENNIFER REEP |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 3451 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 39226 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 13257 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | PROMOTE COMMERCE IN GASTON COUNTY |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 408 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 83620 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROVIDED ASSISTANCE TO BUSINESSES RECOVERING FROM COVID AND HURRICANE HELENE |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 51334 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 17201 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | -4674 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 4900 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 1566 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 128010 |
| IRS990EZ/TotalRevenueAmt | 0 | 163532 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description AmountWEBLINK 780PARADE FUNDRAISER 5,777SBB PROGRAM INCOME 2,500WELCOME GUIDE 4,200 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description AmountADVERTISING AND MARKETING 1,084BANK CHARGES AND FEES 128DIRECT DEPOSIT FEES 32BOARD MEETING EXPENSE 437CREDIT CARD FEES 1,839LEGAL AND PROFESSIONAL SERVICES 2,760MEALS AND ENTERTAINMENT 30OFFICE SUPPLIES AND SOFTWARE 927OTHER BUSINESS EXPENSE 4,340SOFTWARE EXPENSE 4,082TAXES AND LICENSES 12TECHNOLOGY EXPENSE 6,647UNCATEGORIZED EXPENSE 120EMPLOYER SOCIAL SECURITY 3,161EMPLOYER MEDICARE 739FUTA AND SUTA 141DUES AND SUBSCRIPTIONS 200MEMBER SERVICES EXPENSE 700CHRISTMAS PARADE EXPENSE 11,847 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Category Beginning of Year End of YearPAYROLL TAX RECEIVABLE 3,451 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Category Beginning of Year End of YearPAYROLL LIABILITIES 4,900 1,566 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Description of other revenue Part I line 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Description of other assets Part II line 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Description of total liabilities Part II line 26 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JENNIFER REEP |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7048255307 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-07-22 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MONTCROSS AREA CHAMBER OF COMMERCE |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MONT |
| ReturnHeader/Filer/EIN | 0 | 560710166 |
| ReturnHeader/Filer/InCareOfNm | 0 | % JENNIFER REEP |
| ReturnHeader/Filer/PhoneNum | 0 | 7048255307 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 368 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | BELMONT |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 28012 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 562280348 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Rapid Cash Refund Inc |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2831 S York Rd |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | GASTONIA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 28052 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7048101040 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-09-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | RHONDA GOODMAN |
| ReturnHeader/ReturnTs | 0 | 2025-09-15T20:15:17-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
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