2026-09-22T13:10:43-05:00 2025-12-31 271181547 DUNCAN ASHE PA 7900 MCCLOUD RD SUITE 101 GREENSBORO NC 27409 990 2025-01-01 560934946 KERNERSVILLE CHAMBER OF COMMERCE KERN 3369934521 136 EAST MOUNTAIN STREET KERNERSVILLE NC 27284 CHRISTINE COMER PRESIDENT/CEO 3369934521 2026-09-22 1 3362856510 2026-09-22 2025 CHRISTINE COMER 136 EAST MOUNTAIN STREET KERNERSVILLE NC 27284 533136 0 X WWW.KERNERSVILLENC.COM X 1968 NC ORGANIZATION OF BUSINESSES AND PROFESSIONALS WORKING TOGETHER TO PROMOTE THE ECONOMIC PROGRESS OF OUR COMMUNITY. 16 16 5 218 0 0 416492 396778 51624 62959 3016 4804 29017 51571 500149 516112 23060 18176 0 0 345496 262448 0 0 11376 199906 226225 568462 506849 -68313 9263 153901 234139 4406 37866 149495 196273 THE MISSION OF THE KERNERSVILLE CHAMBER OF COMMERCE IS TO SERVE THE NEEDS OF ITS MEMBERSHIP IN ORDER TO ADVANCE THE INTEREST OF ECONOMIC DEVELOPMENT AND ENHANCE THE QUALITY OF LIFE IN KERNERSVILLE. 0 0 58952 ANNUAL SPRING FOLLY - A CHAMBER-SPONSORED WEEKEND FESTIVAL FOR KERNERSVILLE TO SHINE AND WHERE THE ENTIRE COMMUNITY COMES TOGETHER TO HIGHLIGHT WHAT MAKES KERNERSVILLE SPECIAL. THE FESTIVAL PROVIDES AN OPPORTUNITY FOR LOCAL ORGANIZATIONS TO RAISE MONEY FOR THEIR CHARITABLE CAUSES AND PROVIDE A "QUALITY OF LIFE" FESTIVAL FOR THE RESIDENTS OF KERNERSVILLE. 217578 DOWNTOWN & COMMUNITY MARKETING AND DEVLOPMENT - THE KERNERSVILLE CHAMBER OF COMMERCE PARTNERS WITH THE TOWN OF KERNERSVILLE TO PROMOTE ECONOMIC DEVELOPMENT AND ENSURES THAT KERNERSVILLE IS INCLUDED IN REGIONAL PLANNING, PROVIDES BUSINESS DEVELOPMENT ASSISTANCE, INCLUDING PROMOTION, TRAINING, AND NETWORKING, AND PROMOTES KERNERSVILLE AS A PLACE TO LOCATE/RELOCATE BUSINESSES, PARTICIPATES IN LOCAL PLANNING EFFORTS, INCLUDING THE ECONOMIC DEVELOPMENT ADVISORY COMMITTEE, DOWNTOWN COMMITTEE, AND KERNERSVILLE DOWNTOWN PRESERVATION AND DEVELOPMENT COUNCIL, INC. BOARD. 18176 18176 EDUCATION/TEACHER GRANTS - THE KERNERSVILLE CHAMBER OF COMMERCE IS COMMITTED TO CREATING A STRONG BUSINESS COMMUNITY - ONE OF THE WAYS TO ACCOMPLISH THIS IS IMPROVING THE EDUCATIONAL OPPORTUNITIES AVAILABLE TO OUR PUBLIC SCHOOL STUDENTS. THE CHAMBER HAS ESTABLISHED THE TEACHER GRANT PROGRAM IN AN EFFORT TO PROVIDE UNIQUE EDUCATIONAL EXPERIENCE FOR STUDENTS IN ELEMENTARY, MIDDLE, AND HIGH SCHOOLS. FUNDS FOR UNIQUE EDUCATIONAL PROGRAMS ARE PROVIDED TO EDUCATORS SO THEY CAN PURCHASE MANY SUPPLIES AND MATERIALS TO FACILITATE CLASSROOM EXPERIENCE FOR THEIR STUDENTS. GRANTS ARE PROVIDED TO SUITABLE PROJECTS THAT ADD VALUE TO THE LEARNING EXPERIENCE IN THE CLASSROOM AND, WHERE POSSIBLE, FOR PROJECTS DIRECTLY BENEFITTING BOTH THE CLASS AND THE SCHOOL. 294706 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 5 1 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 0 1 0 0 X CHRISTINE COMER 3369934521 136 EAST MOUNTAIN STREET KERNERSVILLE NC 27284 CHRISTINE COMER PRESIDENT/CEO 40.00 X X 99122 0 0 RISHADO ROBINSON CHAIRMAN 1.00 X X 0 0 0 DR MISHI JACKSON FIRST VICE CHAIR 1.00 X X 0 0 0 NATALIE BABSON SECOND VICE CHAIR 1.00 X X 0 0 0 CHRIS BOOTH THIRD VICE CHAIR 1.00 X X 0 0 0 LAURA ALAMILLO VICE CHAIR OF HR 1.00 X X 0 0 0 ROB COOK VICE CHAIR OF MEMBERSHIP 1.00 X X 0 0 0 TIM DIXON VICE CHAIR OF SMALL BUSINESS 1.00 X X 0 0 0 MONTE LONG SECRETARY 1.00 X X 0 0 0 MOLLY BARBER TREASURER 1.00 X X 0 0 0 TAMMY COULTER MEMBER 1.00 X 0 0 0 WILLIAM BAUCOM MEMBER 1.00 X 0 0 0 KIRK BIVINS MEMBER 1.00 X 0 0 0 SCOTT WOLLASTON MEMBER 1.00 X 0 0 0 SUZANNA MALLIETT MEMBER 1.00 X 0 0 0 DEJUAN NENEZ MEMBER 1.00 X 0 0 0 LT DAN WEMYSS MEMBER 1.00 X 0 0 0 99122 0 0 0 0 0 0 0 191910 59650 145218 16995 396778 PROGRAM SERVICE FEES 900099 33763 33763 OTHER PRODUCTS AND SER 900099 29196 29196 62959 4804 4804 41185 17024 24161 24161 NON-PROGRAM SALES 900099 14527 14527 OTHER REVENUE 900099 12883 12883 27410 516112 62959 0 56375 18176 18176 99123 46148 46148 6827 108646 47493 60179 974 38130 9710 28180 240 16549 7447 7642 1460 12141 12141 24648 24648 5586 5586 14622 14622 33406 27895 5511 14052 8312 5740 SUPPLIES 50117 40276 9841 CONTRACTUAL SERVICES 38033 38033 HOSPITALITY AND SUPPLIE 16995 11896 5099 LEASE EXPENSE 12230 12230 4395 50 2470 1875 506849 294706 200767 11376 2852 36541 151049 130897 38200 60318 60318 0 0 0 28501 153901 234139 4406 6089 0 31777 4406 37866 X 65969 81779 83526 114494 149495 196273 153901 234139 9263 37515 0 X X 0 1 X 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 15014 15014 0 45304 45304 0 0 ROU ASSET - OFFICE BUILDING 28501 28501 LEASE LIABILITY - ROU ASSET 31777 31777 X 533136 0 533136 -17024 -17024 516112 523873 17024 17024 506849 0 506849 PART X, LINE 2: THE CHAMBER IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR FEDERAL INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE CHAMBER ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH FASB ASC 740, INCOME TAXES, WHICH REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AND RECOGNIZE A TAX BENEFIT ONLY IF IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY. MANAGEMENT HAS EVALUATED THE CHAMBER'S TAX POSITIONS AND DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE CHAMBER FILES ITS INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND IS NO LONGER SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR TAX YEARS PRIOR TO 2022. TAX RETURNS FOR 2022 AND SUBSEQUENT YEARS REMAIN SUBJECT TO EXAMINATION BY THE APPLICABLE TAXING AUTHORITIES. THE CHAMBER HAS NOT BEEN SUBJECT TO ANY INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES, AND MANAGEMENT BELIEVES THERE ARE NO SIGNIFICANT UNRECOGNIZED TAX LIABILITIES AT DECEMBER 31, 2025. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES NOT NETTED ON FS PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES NOT NETTED ON FS GOLF TOURNAMENT 41185 41185 900 5100 9084 1400 540 41185 41185 900 5100 9084 1400 540 17024 24161 0 EDUCATION GRANTS FOR TEACHERS 28 18176 FORM 990, PART VI, SECTION A, LINE 6 CLASSES OF MEMBERS OR STOCKHOLDERS SINGLE CLASS OF "BUSINESS" MEMBERSHIP, WHEREBY DUES ARE DETERMINED BY MEMBER'S NUMBER OF EMPLOYEES. BENEFITS/RIGHTS OF MEMBERS INCLUDE RIGHT TO VOTE ON CHAMBER BUSINESS AS SET FOURTH AT ANNUAL/CALLED MEETINGS OF THE MEMBERSHIP, HAVE ACCESS TO MEMBERSHIP DIRECTORY AND CHAMBER SPONSORED TRAINING, PROGRAMS, AND EVENTS. FORM 990, PART VI, SECTION A, LINE 7A ELECTION OF MEMBERS AND THEIR RIGHTS SINGLE CLASS OF "BUSINESS" MEMBERSHIP, WHEREBY DUES ARE DETERMINED BY MEMBER'S NUMBER OF EMPLOYEES. BENEFITS/RIGHTS OF MEMBERS INCLUDE RIGHT TO VOTE ON CHAMBER BUSINESS AS SET FOURTH AT ANNUAL/CALLED MEETINGS OF THE MEMBERSHIP, HAVE ACCESS TO MEMBERSHIP DIRECTORY AND CHAMBER SPONSORED TRAINING, PROGRAMS, AND EVENTS. FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCESS TO REVIEW FORM 990 THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS AT THEIR REGULAR MONTHLY MEETING BEFORE THE TAX RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ENFORCEMENT OF CONFLICTS POLICY ALL OFFICERS, DIRECTORS, AND EMPLOYEES SIGN AFFIDAVITS THAT THEY HAVE NO INTEREST THAT COULD GIVE RISE TO A CONFLICT. IT IS REVIEWED ON AN ONGOING BASIS. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION PROCESS FOR TOP OFFICIAL PRESIDENT/CEO COMPENSATION IS REVIEWED BY THE EXECUTIVE COMMITTEE, WITH PERFORMANCE APPRAISAL INTERVIEW CONDUCTED BY THE BOARD CHAIR AND FIRST VICE CHAIR. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS DISCLOSURE EXPLANATION NO DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990. PART X11, LINE1 CHANGE IN BASIS OF ACCOUNTING: DURING THE YEAR, THE ORGANIZATION CHANGED ITS BASIS OF ACCOUNTING FROM THE MODIFIED CASH BASIS TO THE ACCRUAL BASIS OF ACCOUNTING. UNDER THE ACCRUAL BASIS, REVENUES ARE RECOGNIZED WHEN EARNED AND EXPENSES ARE RECOGNIZED WHEN INCURRED, REGARDLESS OF WHEN CASH IS RECEIVED OR PAID. THE CHANGE WAS MADE TO PROVIDE A MORE COMPLETE PRESENTATION OF THE ORGANIZATION'S FINANCIAL POSITION AND RESULTS OF OPERATIONS.