Civic Intelligence

Greater Franklin County Chamber Of

EIN 56-1170649 • 501(c)6 • Louisburg, NC

Profile

To sustain and further develop a thriving economy and to enhance the commnunity's quality of life as well as promote, support, and represent the general business interests of its members and business community.

PO Box 62Louisburg, NC 27549-0062

www.franklin-chamber.org

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

51st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

20th percentile

-24%

Higher net margin than 20% of similar nonprofits.

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

Top Officer Pay

94th percentile

$78,965

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 53.5% of source-year revenue.

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

Asset Growth

15th percentile

-46%

Faster asset growth than 15% of similar nonprofits.

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

Revenue Growth

52nd percentile

0.4%

Faster revenue growth than 52% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets49th percentile

Assets

Down

$42,590

Down $35,783 (-46%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$42,590

Down $35,783 (-46%) from 2023

Operations
Liabilities / Revenue51st percentileNet Margin20th percentile

Revenue

Up

$147,706

Up $517 (+0.4%) from 2023

Expenses

Up

$183,489

Up $17,836 (+11%) from 2023

Net Income

Down

-$35,783

Down $17,319 (-94%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth15th percentile

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

$200K$150K$100K$50K$0Assets 2011: $114,625Liabilities 2011: $1462011Assets 2012: $135,774Liabilities 2012: $14,2752012Assets 2013: $149,026Liabilities 2013: $18,9282013Assets 2014: $159,481Liabilities 2014: $15,4392014Assets 2015: $170,836Liabilities 2015: $16,0502015Assets 2016: $161,510Liabilities 2016: $9,3602016Assets 2017: $106,734Liabilities 2017: $02017Assets 2018: $53,489Liabilities 2018: $0Net Assets 2018: $53,4892018Assets 2019: $47,874Liabilities 2019: $0Net Assets 2019: $47,8742019Assets 2020: $38,598Liabilities 2020: $0Net Assets 2020: $38,5982020Assets 2021: $100,915Liabilities 2021: $0Net Assets 2021: $100,9152021Assets 2022: $96,837Liabilities 2022: $0Net Assets 2022: $96,8372022Assets 2023: $78,373Liabilities 2023: $0Net Assets 2023: $78,3732023Assets 2024: $42,590Liabilities 2024: $0Net Assets 2024: $42,5902024

Highlighted filing

2024

Assets$42,590
Liabilities$0
Net Assets$42,590
Open 2024 Filing

Operations Trend

Revenue Growth52nd percentile

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

$300K$200K$100K$0-$100KRevenue 2011: $90,830Expenses 2011: $73,129Net Income 2011: $17,7012011Revenue 2012: $82,901Expenses 2012: $75,879Net Income 2012: $7,0222012Revenue 2013: $108,961Expenses 2013: $100,361Net Income 2013: $8,6002013Revenue 2014: $101,940Expenses 2014: $87,996Net Income 2014: $13,9442014Revenue 2015: $108,256Expenses 2015: $97,512Net Income 2015: $10,7442015Revenue 2016: $98,349Expenses 2016: $100,985Net Income 2016: -$2,6362016Revenue 2017: $86,708Expenses 2017: $132,124Net Income 2017: -$45,4162017Revenue 2018: $136,758Expenses 2018: $190,005Net Income 2018: -$53,2472018Revenue 2019: $160,709Expenses 2019: $166,324Net Income 2019: -$5,6152019Revenue 2020: $135,225Expenses 2020: $144,501Net Income 2020: -$9,2762020Revenue 2021: $206,269Expenses 2021: $143,952Net Income 2021: $62,3172021Revenue 2022: $142,514Expenses 2022: $146,592Net Income 2022: -$4,0782022Revenue 2023: $147,189Expenses 2023: $165,653Net Income 2023: -$18,4642023Revenue 2024: $147,706Expenses 2024: $183,489Net Income 2024: -$35,7832024

Highlighted filing

2024

Revenue$147,706
Expenses$183,489
Net Income-$35,783
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$42,590
Liabilities
$0
Net assets
$42,590
Revenue
$147,706
Expenses
$183,489
Net income
-$35,783
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$1.48$1.83$0.36
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.78$0.00$0.78$1.47$1.66$0.18
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$0.00$0.97$1.43$1.47$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$0.00$1.01$2.06$1.44$0.62
2020Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$1.35$1.45$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.48$0.00$0.48$1.61$1.66$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.53$0.00$0.53$1.37$1.90$0.53
2017Summary only. Only limited summary data is available for this year.$1.07$0.00$0.87$1.32$0.45
2016Summary only. Only limited summary data is available for this year.$1.62$0.09$0.98$1.01$0.03
2015Summary only. Only limited summary data is available for this year.$1.71$0.16$1.08$0.98$0.11
2014Summary only. Only limited summary data is available for this year.$1.59$0.15$1.02$0.88$0.14
2013Summary only. Only limited summary data is available for this year.$1.49$0.19$1.09$1.00$0.09
2012Summary only. Only limited summary data is available for this year.$1.36$0.14$0.83$0.76$0.07
2011Summary only. Only limited summary data is available for this year.$1.15$0.00$0.91$0.73$0.18
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 19, 2025
Return Version
2024v5.1
Gross Receipts
$158,640
Mission and Program Overview

Mission

To sustain and further develop a thriving economy and to enhance the commnunity's quality of life as well as promote, support, and represent the general business interests of its members and business community.

Promote, support, & represent the general business interests of its members & business community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$78,373$42,590▼ $35,783
Rtn Earn Endowment Incm Other Fnds$78,373$42,590▼ $35,783
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$78,373$42,590▼ $35,783
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$78,373$42,590▼ $35,783
Total Liabilities and Net Assets / Fund Balance$78,373$42,590▼ $35,783
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Richie VeverkaExecutive DirectorFT$78,965$78,965

Board Members and Trustees

NameTitle
Zach CoyleBoard Chair
Elizabeth TownsendGov Affairs Chair
Angel Cleghorn DelgadoImmediate Past Board Chair
Dr Rhonda SchulerLeadership Franklin Chair
Fred KellerLeadership Franklin Chair
Bridget StanleyMembership Chair
Kimberly KiadVice-chair of the Board
Charles MitchellBoard Member
Corey PurscheBoard Member
Danny PierceBoard Member
Emily JohnsonBoard Member
Emily ShearinBoard Member
Gabe BowmanBoard Member
Gerald LloydBoard Member
Jamie DavisBoard Member
Len Swanson IiiBoard Member
Matt BlindBoard Member
Laurica YanceyGovernmental Affairs CHA
Allen WhiteLeadership Franklin/gov Af
Carolyn RogersTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$135,896
Investment Income
$0
Other Revenue
$11,810
Change in Net Assets
$-35,783
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$104,849
Other Expenses$78,640
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$95,895-$95,895
Fees for Services Accounting-$10,776-$10,776
Occupancy-$9,181-$9,181
All Other Expenses$4,071$4,977-$9,048
Payroll Taxes-$8,954-$8,954
Advertising$8,883--$8,883
Other Expenses$5,999$6,000-$5,999
Total Functional Expenses$34,728$148,761$0$183,489
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$22,744
Fundraising Direct Expenses$10,934
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$22,744$22,744$10,934$11,810
Total Events$22,744$22,744$10,934$11,810
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
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
No
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 B, Line 11B

“A copy of form 990 was provided to the organizations' governing body before it was filed. The organization's treasurer and chair also reviewed the form with the board's cpa.”

Form 990, Part VI, Section C, Line 19

“The organization's documents are available for public inspection by request.”

Filing and Contact Details

Filer

Filer Name
Greater Franklin County Chamber of
EIN
56-1170649
Phone
9194963056
Address
PO BOX 62, LOUISBURG, NC 27549-0062

Signing Officer

Name
Carolyn Rogers
Title
Treasurer
Phone
9194963056
Signed
2025-05-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carolyn Rogers
Formed
1977
Legal Domicile
Nc
Voting Board Members
21
Independent Board Members
21
Employees
3
Volunteers
0

Preparer

Firm
Holden Moss Knott Clark & Copley Pa
Address
PO BOX 177, HENDERSON, NC 27536
Preparer
Jean-marie Hayes Odom
Phone
2524923041
Raw XML AppendixShowing 400 of 426 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/Form990PartVIISectionAGrp/TitleTxt2TREASURER
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IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5GOVERNMENTAL AFFAIRS CHA
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7LEADERSHIP FRANKLIN CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9EXECUTIVE DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt15LEADERSHIP FRANKLIN/GOV AF
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01977
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IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt010934
IRS990/FundraisingGrossIncomeAmt022744
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt021
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0158640
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
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IRS990/IndependentVotingMemberCnt021
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IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO SUSTAIN AND FURTHER DEVELOP A THRIVING ECONOMY AND TO ENHANCE THE COMMNUNITY'S QUALITY OF LIFE AS WELL AS PROMOTE, SUPPORT, AND REPRESENT THE GENERAL BUSINESS INTERESTS OF ITS MEMBERS AND BUSINESS COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt078373
IRS990/NetAssetsOrFundBalancesEOYAmt042590
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt011810
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt011810
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt09181
IRS990/OccupancyGrp/TotalAmt09181
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0ANNUAL BANQUET
IRS990/OtherExpensesGrp/Desc1OFFICE EXPENSE
IRS990/OtherExpensesGrp/Desc2PERSONNEL EDUCATION & T
IRS990/OtherExpensesGrp/Desc3CHAMBER MASTERS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012978
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt16000
IRS990/OtherExpensesGrp/ProgramServicesAmt015775
IRS990/OtherExpensesGrp/ProgramServicesAmt15999
IRS990/OtherExpensesGrp/TotalAmt015775
IRS990/OtherExpensesGrp/TotalAmt112978
IRS990/OtherExpensesGrp/TotalAmt26000
IRS990/OtherExpensesGrp/TotalAmt35999
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt095895
IRS990/OtherSalariesAndWagesGrp/TotalAmt095895
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08954
IRS990/PayrollTaxesGrp/TotalAmt08954
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CAROLYN ROGERS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541900
IRS990/ProgramServiceRevenueGrp/BusinessCd1541900
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP SERVICES
IRS990/ProgramServiceRevenueGrp/Desc1BUSINESS GROWTH & DEVE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt093288
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt142608
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt093288
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt142608
IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATION PROGRAM - TO PROVIDE OPPORTUNITIES FOR LEADERSHIP AND PROFESSIONAL EDUCATION WITHIN THE BUSINESS COMMUNITY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0MARKETING PROGRAM - TO PROMOTE LOCAL BUSINESSES IN FRANKLIN COUNTY THROUGH VARIOUS MARKETING EFFORTS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt08883
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProgSrvcAccomActyOtherGrp/Desc0VARIOUS ADDITIONAL PROGRAM EFFORTS TO PROMOTE AND RECOGNIZE LOCAL BUSINESSES
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IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt093288
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IRS990/PYOtherRevenueAmt014256
IRS990/PYProgramServiceRevenueAmt0132933
IRS990/PYRevenuesLessExpensesAmt0-18464
IRS990/PYSalariesCompEmpBnftPaidAmt093981
IRS990/PYTotalExpensesAmt0165653
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0147189
IRS990/ReconcilationRevenueExpnssAmt0-35783
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IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt042590
IRS990/ScheduleBRequiredInd00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt010934
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt022744
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt022744
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt022744
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt022744
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt011810
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt010934
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt010934
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF FORM 990 WAS PROVIDED TO THE ORGANIZATIONS' GOVERNING BODY BEFORE IT WAS FILED. THE ORGANIZATION'S TREASURER AND CHAIR ALSO REVIEWED THE FORM WITH THE BOARD'S CPA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION BY REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
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IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsGrp/EOYAmt042590
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt03
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0148761
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt034728
IRS990/TotalFunctionalExpensesGrp/TotalAmt0183489
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt078373
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt042590
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt06751
IRS990/TotalOtherProgSrvcRevenueAmt093288
IRS990/TotalProgramServiceExpensesAmt034728
IRS990/TotalProgramServiceRevenueAmt0135896
IRS990/TotalReportableCompFromOrgAmt078965
IRS990/TotalRevenueGrp/ExclusionAmt011810
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0135896
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0147706
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt078373
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt042590
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01776 HERITAGE CENTER DRIVE SUITE
IRS990/USAddress/AddressLine2Txt0100
IRS990/USAddress/CityNm0WAKE FOREST
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd027587
IRS990/VotingMembersGoverningBodyCnt021
IRS990/VotingMembersIndependentCnt021
IRS990/WebsiteAddressTxt0WWW.FRANKLIN-CHAMBER.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CAROLYN ROGERS

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