Civic Intelligence

The King Chamber of Commerce

EIN 56-1632255 • 501(c)6 • King, NC

Profile

Business promotion for king, nc area

110 W King StKing, NC 27021

www.kingnc.com

Siviq Scores

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

Liabilities / Assets

55th percentile

0.01x

Higher debt load relative to assets than 55% of similar nonprofits.

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

Liabilities / Revenue

54th percentile

0.00x

Higher debt load relative to revenue than 54% of similar nonprofits.

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

Net Margin

67th percentile

9.7%

Higher net margin than 67% of similar nonprofits.

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

Top Officer Pay

87th percentile

$40,040

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 37.8% of source-year revenue.

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

Asset Growth

85th percentile

29%

Faster asset growth than 85% of similar nonprofits.

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

Revenue Growth

49th percentile

-0.8%

Faster revenue growth than 49% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$46,521

Up $10,329 (+29%) from 2023

Liabilities

Flat

$286

Flat from 2023

Net Assets

Up

$46,235

Up $10,329 (+29%) from 2023

Operations
Liabilities / Revenue54th percentileNet Margin67th percentile

Revenue

Down

$105,993

Down $889 (-0.8%) from 2023

Expenses

Down

$95,668

Down $530 (-0.6%) from 2023

Net Income

Down

$10,325

Down $359 (-3.4%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth85th percentile

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

$60K$40K$20K$0Assets 2010: $10,806Liabilities 2010: $2,932Net Assets 2010: $7,8742010Assets 2011: $10,531Liabilities 2011: $2,369Net Assets 2011: $8,1622011Assets 2012: $6,129Liabilities 2012: $974Net Assets 2012: $5,1552012Assets 2013: $8,550Net Assets 2013: $8,5502013Assets 2014: $11,404Liabilities 2014: $740Net Assets 2014: $10,6642014Assets 2015: $28,720Liabilities 2015: $293Net Assets 2015: $28,4272015Assets 2016: $20,400Liabilities 2016: $206Net Assets 2016: $20,1942016Assets 2017: $24,435Liabilities 2017: $505Net Assets 2017: $23,9302017Assets 2018: $18,621Net Assets 2018: $18,6212018Assets 2019: $6,710Liabilities 2019: $5,642Net Assets 2019: $1,0682019Assets 2020: $23,436Liabilities 2020: $9,125Net Assets 2020: $14,3112020Assets 2021: $22,517Liabilities 2021: $458Net Assets 2021: $22,0592021Assets 2022: $25,806Liabilities 2022: $584Net Assets 2022: $25,2222022Assets 2023: $36,192Liabilities 2023: $286Net Assets 2023: $35,9062023Assets 2024: $46,521Liabilities 2024: $286Net Assets 2024: $46,2352024

Highlighted filing

2024

Assets$46,521
Liabilities$286
Net Assets$46,235
Open 2024 Filing

Operations Trend

Revenue Growth49th percentile

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

$150K$100K$50K$0-$50KRevenue 2010: $53,514Expenses 2010: $71,288Net Income 2010: -$17,7742010Revenue 2011: $69,959Expenses 2011: $69,671Net Income 2011: $2882011Revenue 2012: $63,923Expenses 2012: $66,930Net Income 2012: -$3,0072012Revenue 2013: $66,290Expenses 2013: $62,895Net Income 2013: $3,3952013Revenue 2014: $66,315Expenses 2014: $64,200Net Income 2014: $2,1152014Revenue 2015: $83,039Expenses 2015: $65,277Net Income 2015: $17,7622015Revenue 2016: $67,913Expenses 2016: $76,147Net Income 2016: -$8,2342016Revenue 2017: $75,904Expenses 2017: $72,167Net Income 2017: $3,7372017Revenue 2018: $73,781Expenses 2018: $79,090Net Income 2018: -$5,3092018Revenue 2019: $57,872Expenses 2019: $75,429Net Income 2019: -$17,5572019Revenue 2020: $85,241Expenses 2020: $71,998Net Income 2020: $13,2432020Revenue 2021: $77,734Expenses 2021: $75,934Net Income 2021: $1,8002021Revenue 2022: $81,122Expenses 2022: $77,956Net Income 2022: $3,1662022Revenue 2023: $106,882Expenses 2023: $96,198Net Income 2023: $10,6842023Revenue 2024: $105,993Expenses 2024: $95,668Net Income 2024: $10,3252024

Highlighted filing

2024

Revenue$105,993
Expenses$95,668
Net Income$10,325
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$46,521
Liabilities
$286
Net assets
$46,235
Revenue
$105,993
Expenses
$95,668
Net income
$10,325
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.46$1.06$0.96$0.10
2023Detailed filing. Detailed filing data is available for this year.$0.36$0.00$0.36$1.07$0.96$0.11
2022Detailed filing. Detailed filing data is available for this year.$0.26$0.01$0.25$0.81$0.78$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.22$0.78$0.76$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.23$0.09$0.14$0.85$0.72$0.13
2019Detailed filing. Detailed filing data is available for this year.$0.07$0.06$0.01$0.58$0.75$0.18
2018Detailed filing. Detailed filing data is available for this year.$0.19$0.19$0.74$0.79$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.24$0.01$0.24$0.76$0.72$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.68$0.76$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.29$0.00$0.28$0.83$0.65$0.18
2014Detailed filing. Detailed filing data is available for this year.$0.11$0.01$0.11$0.66$0.64$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.09$0.09$0.66$0.63$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.01$0.05$0.64$0.67$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.02$0.08$0.70$0.70$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.03$0.08$0.54$0.71$0.18
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.0
Gross Receipts
$163,256
Mission and Program Overview

Mission

Business promotion for king, nc area

Program Services

DescriptionGrantsExpenses
BUSINESS PROMOTION FOR KING, NORTH CAROLINA AREA--
BUSINESS PROMOTION FOR KING, NC AREA--
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CATHY LOVEDAYExecutive DiPT$40,040-$40,040
MINDI ALEXANDRATreasurer-$0--
JODY EDMONDSBoard-$0--
ZOLLIE SMITHBoard-$0--
BOBBI BEANEBoard-$0--
DERRICK VICKERSBoard-$0--
DEBBIE MCCLIMENTSecretary-$0--
GRETCHEN PARKERPresident-$0--
DON HULKEBoard-$0--
SONJA LANKFORDVice Preside-$0--
SALLY ELLIOTTBoard-$0--
LEANNE GAYBoard-$0--
MIKE SMITHBoard-$0--
TORY MABEBoard-$0--
KRISTI MITCHELLBoard-$0--
TRACEY COLLINSBoard-$0--
JEFF WALKERBoard-$0--
GINA RAPERBoard-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fire in the Foo$33,846$33,846$29,215$4,631
Kingfest$30,413$30,413$11,776$18,637
Total Events$98,755$98,755$54,293$44,462
Filing and Contact Details

Filer

Filer Name
The King Chamber of Commerce
EIN
56-1632255
Phone
3369839308
Address
110 W KING ST, KING, NC 27021

Signing Officer

Name
Cathy Loveday
Title
Executive Director
Phone
3369839308
Signed
2025-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Cannon & Company Llp
Address
2160 COUNTRY CLUB RD, WINSTONSALEM, NC 27104-4208
Preparer
William B Amburn
Phone
3367250635
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

“Rent 7,200 advertising income 850 other 631 total 8,681”

Form 990-ez, Part I, Line 16

“Expenses advertising 1,060 office supplies 1,355 bank charges 2,934 office equip rental 1,523 travel 1,190 professional day - conf/trave 1,150 insurance 2,189 awards and gifts 821 dues and subcriptions 838 auto 227 website 297 total 13,584”

Form 990-ez, Part II, Line 26

“Credit card - visa 286 286”

Form 990-ez, Part III, Line 31

“Business promotion for king, nc area”

Raw XML Appendix186 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
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CATHY LOVEDAY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MINDI ALEXANDRA
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4BOBBI BEANE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0EXECUTIVE DI
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IRS990EZ/OtherExpensesTotalAmt013584
IRS990EZ/OtherRevenueTotalAmt08681
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IRS990EZ/PrintingPublicationsPostageAmt0400
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IRS990EZ/WebsiteAddressTxt0WWW.KINGNC.COM
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt054293
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FIRE IN THE FOO
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RENT 7,200 ADVERTISING INCOME 850 OTHER 631 TOTAL 8,681
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING 1,060 OFFICE SUPPLIES 1,355 BANK CHARGES 2,934 OFFICE EQUIP RENTAL 1,523 TRAVEL 1,190 PROFESSIONAL DAY - CONF/TRAVE 1,150 INSURANCE 2,189 AWARDS AND GIFTS 821 DUES AND SUBCRIPTIONS 838 AUTO 227 WEBSITE 297 TOTAL 13,584
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CREDIT CARD - VISA 286 286
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BUSINESS PROMOTION FOR KING, NC AREA
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CATHY LOVEDAY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03369839308
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-14
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ReturnHeader/Filer/BusinessNameControlTxt0KING
ReturnHeader/Filer/EIN0561632255
ReturnHeader/Filer/PhoneNum03369839308
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0560727655
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CANNON & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02160 COUNTRY CLUB RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WINSTONSALEM
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0271044208
ReturnHeader/PreparerPersonGrp/PhoneNum03367250635
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM B AMBURN
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-11-14T14:53:58-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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