Civic Intelligence

Boone Area Chamber of Commerce Economic Development Commission In

EIN 92-0859710 • 501(c)3 • Boone, NC

Pub. 78 EligibleNTEE W12

Profile

To solicit, manage, and distribute funds and resources to further the development and welfare of the boone and watauga county north carolina area.

579 Greenway RoadBoone, NC 28607

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

48th percentile

12%

Higher net margin than 48% of similar nonprofits.

NTEE W12 • <$500k nonprofits • Source year 2024

Top Officer Pay

99th percentile

$33,000

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 16.7% of source-year revenue.

NTEE W12 • <$500k nonprofits • Source year 2024

Asset Growth

95th percentile

330%

Faster asset growth than 95% of similar nonprofits.

NTEE W12 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

96th percentile

294%

Faster revenue growth than 96% of similar nonprofits.

NTEE W12 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$31,894

Up $24,485 (+330%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$31,894

Up $24,485 (+330%) from 2023

Revenue

Up

$197,058

Up $146,987 (+294%) from 2023

Expenses

Up

$172,573

Up $129,911 (+305%) from 2023

Net Income

Up

$24,485

Up $17,076 (+230%) from 2023

Trend Graphs

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2023: $7,409Net Assets 2023: $7,4092023Assets 2024: $31,894Net Assets 2024: $31,8942024

Highlighted filing

2024

Assets$31,894
Liabilities-
Net Assets$31,894

Operations Trend

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

$200K$150K$100K$50K$0Revenue 2023: $50,071Expenses 2023: $42,662Net Income 2023: $7,4092023Revenue 2024: $197,058Expenses 2024: $172,573Net Income 2024: $24,4852024

Highlighted filing

2024

Revenue$197,058
Expenses$172,573
Net Income$24,485

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 7, 2024
Return Version
2023v5.1
Gross Receipts
$197,058
Mission and Program Overview

Mission

To solicit, manage, and distribute funds and resources to further the development and welfare of the boone and watauga county north carolina area.

Program Services

DescriptionGrantsExpenses
ADVANCEMENT AND DIFFUSION OF KNOWLEDGE AND UNDERSTANDING OF ECONOMICS, OTHER MATTERS RELATED TO IMPROVED EFFICIENCY, DEVELOPMENT, AND ACCELERATION OF BOTH THE QUALITY AND QUANTITY OF ECONOMIC GROWTH AND EMPLOYMENT OPPORTUNITIES.$0$115,355
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOSEPH FURMANExecutive DirectorFT$33,000-$33,000
HEIDI RAGANChair-$0--
MARK GOULDChair Elect-$0--
TALIA FREEMEANImmediate Past Chair-$0--
JOE NASHTreasurer-$0--
EDWARD HINSONDirector-$0--
CHUCK EYLERDirector-$0--
AMY CRABBEDirector-$0--
JASON TRIPLETTDirector-$0--
DR LESLIE ALEXANDERDirector-$0--
Filing and Contact Details

Filer

Filer Name
Boone Area Chamber of Commerce Economic Development Commission Inc
EIN
92-0859710
Phone
8282642225
Address
579 GREENWAY ROAD, BOONE, NC 28607

Signing Officer

Name
Joseph Furman
Title
Executive Director
Phone
8282642225
Signed
2024-11-07
Discuss with paid preparer
Yes

Preparer

Firm
Combs Tennant & Carpenter PC
Address
2348 Highway 105, Boone, NC 28607
Preparer
Brady L Combs CPA
Phone
8282646700
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

COMMUNITY SUPPORT 500.

Form 990EZ, Part I, Line 16

Contract & professional - program related 36015.

Form 990EZ, Part I, Line 16

Early childhood education & development 23000.

Form 990EZ, Part I, Line 16

Research/data projects 46365.

Form 990EZ, Part I, Line 16

SPECIAL PROJECTS 9475.

Raw XML Appendix204 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONTRACT & PROFESSIONAL - PROGRAM RELATED 36015.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOSEPH FURMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08282642225
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BOONE AREA CHAMBER OF COMMERCE ECONOMIC DEVELOPMENT COMMISSION INC
ReturnHeader/Filer/BusinessNameControlTxt0BOON
ReturnHeader/Filer/EIN0920859710
ReturnHeader/Filer/PhoneNum08282642225
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02348 Highway 105
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Boone
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028607
ReturnHeader/PreparerPersonGrp/PhoneNum08282646700
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRADY L COMBS CPA
ReturnHeader/ReturnTs02024-11-14T11:36:33-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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