Civic Intelligence

Apex Chamber of Commerce

EIN 56-0746234 • 501(c)6 • Apex, NC

Profile

The mission of the Apex Chamber of Commerce is to engage businesses to improve economic vitality and quality of life of the Apex community.

220 North Salem StreetApex, NC 27502

www.apexchamber.com

Siviq Scores

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

Liabilities / Assets

48th percentile

0.02x

Higher debt load relative to assets than 48% of similar nonprofits.

NTEE S41 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

48th percentile

0.03x

Higher debt load relative to revenue than 48% of similar nonprofits.

NTEE S41 • $500k-$1M nonprofits • Source year 2025

Net Margin

63rd percentile

14%

Higher net margin than 63% of similar nonprofits.

NTEE S41 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE S41 • $500k-$1M nonprofits • Source year 2025

Asset Growth

82nd percentile

23%

Faster asset growth than 82% of similar nonprofits.

NTEE S41 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

84th percentile

28%

Faster revenue growth than 84% of similar nonprofits.

NTEE S41 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Assets

Up

$532,362

Up $99,562 (+23%) from 2024

Liabilities

Up

$10,278

Up $6,705 (+188%) from 2024

Net Assets

Up

$522,084

Up $92,857 (+22%) from 2024

Revenue

Up

$399,904

Up $87,348 (+28%) from 2024

Expenses

Up

$345,907

Up $67,727 (+24%) from 2024

Net Income

Up

$53,997

Up $19,621 (+57%) from 2024

Trend Graphs

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $611,159Liabilities 2011: $1,445Net Assets 2011: $609,7142011Assets 2012: $548,051Liabilities 2012: $0Net Assets 2012: $548,0512012Assets 2013: $494,871Liabilities 2013: $0Net Assets 2013: $494,8712013Assets 2014: $414,625Liabilities 2014: $0Net Assets 2014: $414,6252014Assets 2015: $329,850Liabilities 2015: $0Net Assets 2015: $329,8502015Assets 2016: $298,313Liabilities 2016: $9,667Net Assets 2016: $288,6462016Assets 2017: $264,304Liabilities 2017: $992Net Assets 2017: $263,3122017Assets 2018: $268,972Liabilities 2018: $2,440Net Assets 2018: $266,5322018Assets 2023: $330,108Liabilities 2023: $18,312Net Assets 2023: $311,7962023Assets 2024: $432,800Liabilities 2024: $3,573Net Assets 2024: $429,2272024Assets 2025: $532,362Liabilities 2025: $10,278Net Assets 2025: $522,0842025

Highlighted filing

2025

Assets$532,362
Liabilities$10,278
Net Assets$522,084

Operations Trend

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

$400K$200K$0-$200KRevenue 2011: $201,791Expenses 2011: $198,549Net Income 2011: $3,2422011Revenue 2012: $156,151Expenses 2012: $217,814Net Income 2012: -$61,6632012Revenue 2013: $179,203Expenses 2013: $232,383Net Income 2013: -$53,1802013Revenue 2014: $156,863Expenses 2014: $252,610Net Income 2014: -$95,7472014Revenue 2015: $147,027Expenses 2015: $234,970Net Income 2015: -$87,9432015Revenue 2016: $206,067Expenses 2016: $247,271Net Income 2016: -$41,2042016Revenue 2017: $234,336Expenses 2017: $245,293Net Income 2017: -$10,9572017Revenue 2018: $286,453Expenses 2018: $282,641Net Income 2018: $3,8122018Revenue 2023: $255,959Expenses 2023: $242,959Net Income 2023: $13,0002023Revenue 2024: $312,556Expenses 2024: $278,180Net Income 2024: $34,3762024Revenue 2025: $399,904Expenses 2025: $345,907Net Income 2025: $53,9972025

Highlighted filing

2025

Revenue$399,904
Expenses$345,907
Net Income$53,997

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Dec 12, 2025
Return Version
2024v5.0
Gross Receipts
$399,904
Mission and Program Overview

Mission

The mission of the Apex Chamber of Commerce is to engage businesses to improve economic vitality and quality of life of the Apex community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$429,227$522,084▲ $92,857
Investments in Publicly Traded Securities$374,596$488,511▲ $113,915
Cash and Non-Interest-Bearing Accounts$40,677$32,916▼ $7,761
Land, Buildings, and Equipment, Net$12,669$10,935▼ $1,734
Savings and Temporary Cash Investments$4,858--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$432,800$532,362▲ $99,562
Liabilities
Accounts Payable and Accrued Expenses$3,573$10,278▲ $6,705
Other Liabilities$0$0→ $0
Total Liabilities$3,573$10,278▲ $6,705
Net Assets / Fund Balance
Total Net Assets Fund Balance$429,227$522,084▲ $92,857
Total Liabilities and Net Assets / Fund Balance$432,800$532,362▲ $99,562

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$11,178$0$11,178
Equipment$6,372$0$6,372
Buildings$0$0$0
Other Land Buildings$-6,615$6,615$0
Land$0-$0
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sean HayesChair
Skeet WoolardImmediate Past Chair
Maria LitzingerVice Chair
Bekki BennettBoard Member
Cheryl ByrneBoard member
Christopher GoinsBoard Member
Jeff HastingsBoard member
Kelli Jarman BassBoard Member
Louanne CasparBoard member
Melissa RaganBoard Member
Morgen McVaneBoard Member
Tim BrentBoard Member
David BohmExecutive Director
Karen AtilesSecretary
Todd NealTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$384,635
Program Service Revenue
$0
Investment Income
$15,269
Other Revenue
$0
All Other Contributions
$130,142
Change in Net Assets
$53,997
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$199,091
Other Expenses$146,816
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$170,062
Conferences and Meetings---$81,800
Fees for Services Other---$18,116
Fees for Services Accounting---$17,437
Payroll Taxes---$16,316
Other Employee Benefits---$9,517
Fees for Service Investment Mgmnt Fees---$4,957
Pension Plan Contributions---$3,196
Travel---$3,011
Information Technology---$1,948
Insurance---$1,840
Depreciation Depletion---$1,736
Advertising---$1,448
Office Expenses---$1,414
Other Expenses---$453
Total Functional Expenses$0$0$0$345,907
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
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

Form 990, Part VI, Section A, Line 6- The members do not have voting rights.

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

Form 990, Part VI, Section B, Line 11b- Upon request.

Form 990, Part VI, Section B, Line 15

Form 990, Part VI, Section B, Line 15- Board votes on the compensation of all employees.

Form 990, Part VI, Section C, Line 19

Form 990, Part VI, Section C, Line 19- Information is available in compliance with the law and organization internal policies and procedures.

Filing and Contact Details

Filer

Filer Name
Apex Chamber of Commerce
EIN
56-0746234
Phone
9193626456
Address
220 North Salem Street, Apex, NC 27502

Signing Officer

Name
Sean Hayes
Title
Immediate Past Chair
Signed
2025-12-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Bohm
Formed
1958
Legal Domicile
Nc
Voting Board Members
14
Independent Board Members
14
Employees
4
Volunteers
45

Preparer

Firm
Lillyfield Solutions
Address
Lillyfield Solutions, Tallahassee, FL 32303
Preparer
Erin Goodson
Phone
9198186391
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IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0David Bohm
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0298822
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt013734
IRS990/PYOtherExpensesAmt0138340
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt034376
IRS990/PYSalariesCompEmpBnftPaidAmt0139840
IRS990/PYTotalExpensesAmt0278180
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0312556
IRS990/ReconcilationRevenueExpnssAmt053997
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0383583
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0429227
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0522084
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04858
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt06372
IRS990ScheduleD/EquipmentGrp/DepreciationAmt00
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06372
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt011178
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt011178
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0-6615
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt06615
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010935
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990, Part VI, Section A, Line 6- The members do not have voting rights.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 990, Part VI, Section B, Line 11b- Upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Form 990, Part VI, Section B, Line 15- Board votes on the compensation of all employees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Form 990, Part VI, Section C, Line 19- Information is available in compliance with the law and organization internal policies and procedures.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
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IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0432800
IRS990/TotalAssetsEOYAmt0532362
IRS990/TotalAssetsGrp/BOYAmt0432800
IRS990/TotalAssetsGrp/EOYAmt0532362
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0384635
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0345907
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03573
IRS990/TotalLiabilitiesEOYAmt010278
IRS990/TotalLiabilitiesGrp/BOYAmt03573
IRS990/TotalLiabilitiesGrp/EOYAmt010278
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0429227
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0522084
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0168534
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt015269
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0399904
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt045
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0432800
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0532362
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt03011
IRS990/TypeOfOrganizationAssocInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0220 North Salem Street
IRS990/USAddress/CityNm0Apex
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027502
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0www.apexchamber.com
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Sean Hayes
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Immediate Past Chair

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