Nonprofit · EIN 56-0473292
BUSINESS HIGH POINT INC
Also known as HIGH POINT CHAMBER OF COMMERCE
Tax-exempt · HIGH POINT, NC 27262
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,613,170 | $1,744,937 | -$131,767 | $4,220,945 | $4,213,151 | $7,794 |
| December 31, 2023 | 990 | $1,887,919 | $2,009,390 | -$121,471 | $3,909,270 | $3,769,709 | $139,561 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $519,338
- of which government grants
- $419,338
- Program service revenue
- $1,034,594
- Investment income
- $59,238
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $180,698
- Other salaries and wages
- $494,556
- Salaries, compensation and benefits (total)
- $812,981
- Professional fundraising fees
- $0
- Legal fees
- $140
- Accounting fees
- $45,788
- Occupancy
- $36,660
- Travel
- $64,097
- Depreciation
- $45,478
Balance sheet and other
- Total assets, start of year
- $3,909,270
- Total assets, end of year
- $4,220,945
- Total liabilities, end of year
- $4,213,151
- Net assets, end of year
- $7,794
- Land, buildings and equipment
- $959,331
- Net assets without donor restrictions
- $7,794
- Gross receipts
- $1,613,170
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1908
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RACHEL COLLINS | PRESIDENT & CEO Officer | 40 | $169,950 | $10,748 |
| DARLENE LEONARD | TREASURER/DIRECTOR Trustee or director, Officer | 2 | $0 | $0 |
| CHRISTI BARBOUR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LENNY PETERS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRIS DUNBAR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CYRIL JEFFERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DENO ADKINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MEGAN OLGESBY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALAN SCHEPPMANN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| IV CULP | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID MILLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ASHLEY DAVIS WILLIAM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARK PRINCE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANTHONY CLARKE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WHITNEY OAKLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
21 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TAMMY NAGEM | DIRECTOR Trustee or director | 1 | $0 |
| JIM HOEKSRA | DIRECTOR Trustee or director | 1 | $0 |
| DR JIM HOESTRA | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL QUBEIN | DIRECTOR Trustee or director | 1 | $0 |
| JULIE MESSNER | DIRECTOR Trustee or director | 1 | $0 |
| DAVID RAMSEY | SECRETARY, DIRECTOR Trustee or director, Officer | 1 | $0 |
| MARK NORCROSS | DIRECTOR Trustee or director | 1 | $0 |
| MAURICE HULL | CHAIRMAN-ELECT, DIRECTOR Trustee or director, Officer | 1 | $0 |
| FRANK THOMAS | DIRECTOR Trustee or director | 1 | $0 |
| DAVID CONGDON | DIRECTOR Trustee or director | 1 | $0 |
| EARL CONGDON | DIRECTOR Trustee or director | 1 | $0 |
| ROBERT ROGERS | DIRECTOR Trustee or director | 1 | $0 |
| MATT THIEL | DIRECTOR Trustee or director | 1 | $0 |
| AMY SMITH | DIRECTOR Trustee or director | 1 | $0 |
| ALEX MOORE | DIRECTOR Trustee or director | 1 | $0 |
| CHRIS BRYAN | DIRECTOR Trustee or director | 1 | $0 |
| SCOTT TILLEY | DIRECTOR Trustee or director | 1 | $0 |
| ZACH NICHLOAS | DIRECTOR Trustee or director | 1 | $0 |
| CHAD FRYE | DIRECTOR Trustee or director | 1 | $0 |
| GREG YORK | CHAIRMAN, DIRECTOR Trustee or director, Officer | 1 | $0 |
| MELODY BURNETT | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 30 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| RACHEL COLLINS | PRESIDENT & CEO Officer | 40 | $173,167 | $10,271 |
| DARLENE LEONARD | TREASURER/DIRECTOR Trustee or director, Officer | 2 | $0 | $0 |
| AMY SMITH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR JIM HOESTRA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SCOTT TILLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TAMMY NAGEM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LENNY PETERS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID RAMSEY | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| EARL CONGDON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID COVINGTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MELODY BURNETT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALAN SCHEPPMANN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRIS DUNBAR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRIS BRYAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ASHLEY DAVIS WILLIAMS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHAD FRYE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| IV CULP | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MAURICE HULL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BARRY KITLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DENO ADKINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID MILLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARK NORCROSS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARK PRINCE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JULIE MESSNER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT ROGERS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANTHONY CLARKE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| REV FRANK THOMAS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GREG YORK | CHAIRMAN Trustee or director, Officer | 5 | $0 | $0 |
| JAY WAGNER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ALEX MOORE | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 400 W ENGLISH RD SUITE 201, HIGH POINT, NC 27262-4814
- In care of
- % JUDITH P MENDENHALL
- Principal officer (990 for 2024)
- RACHEL COLLINS, PO BOX 5025, HIGH POINT, NC 27262
- Signed the 990
- RACHEL COLLINS, CEO
- Phone
- (336) 882-5000
- Website
- BHPCHAMBER.ORG
- Return prepared by
- WILLIAMS OVERMAN PIERCE LLP
Mission
BUSINESS HIGH POINT, INC. IS DEDICATED TO ENCOURAGING ECONOMIC GROWTH IN THE PIEDMONT TRIAD REGION OF NORTH CAROLINA. THE CHAMBER IS AN ADVOCATE FOR OUR MEMBERS AND OUR COMMUNITY ON BUSINESS-RELATED ISSUES AND PARTICIPATES IN INITIATIVES THAT POSITIVELY AFFECT THE QUALITY OF LIFE IN OUR COMMUNITY. THROUGH MEMBER FEEDBACK, THE CHAMBER PROVIDES BENEFITS AND SERVICES TO HELP OUR MEMBERS REACH THEIR BUSINESS POTENTIAL AND OUR COMMUNITY TO REMAIN GLOBALLY COMPETITIVE.
Program accomplishments
- BUSINESS HIGH POINT, INC. ENCOURAGES A POSITIVE BUSINESS ENVIRONMENT IN THE HIGH POINT AREA. IT SUPPORTS BUSINESS LEADERSHIP DEVELOPMENT. IT ALSO FOSTERS INTERACTION AMONG VARIOUS MEMBERS OF THE BUSINESS COMMUNITY THROUGH FORUMS SUCH AS "BUSINESS AFTER HOURS AND THE "BUSINESS EXPO".
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 56-0473292
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1944
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $4,220,945
- Income (IRS master file)
- $1,613,170
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,613,170 | $1,744,937 | $4,220,945 | IRS |
| 990 | December 2023 | $1,887,919 | $2,009,390 | $3,909,270 | XML |
| 990 | December 2022 | $5,247,992 | $1,470,786 | $4,151,194 | IRS |
| 990 | December 2021 | $849,981 | $1,028,831 | $190,172 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-0473292).
Questions about BUSINESS HIGH POINT INC
- What is the EIN of BUSINESS HIGH POINT INC?
- The employer identification number (EIN) of BUSINESS HIGH POINT INC is 56-0473292.
- Is BUSINESS HIGH POINT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1944.
- Are donations to BUSINESS HIGH POINT INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does BUSINESS HIGH POINT INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BUSINESS HIGH POINT INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BUSINESS HIGH POINT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of BUSINESS HIGH POINT INC?
- The 990 for the year ended December 31, 2024 names RACHEL COLLINS.
- Who are the officers and directors of BUSINESS HIGH POINT INC?
- The 990 for the year ended December 31, 2024 lists 36 people; 1 received compensation from the organization, the highest $169,950 (RACHEL COLLINS, PRESIDENT & CEO).
- How much revenue does BUSINESS HIGH POINT INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,613,170, expenses of $1,744,937 and total assets of $4,220,945 at year end.
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- HIGH POINT COMMUNITY FOUNDATION EIN 56-1695787 · last filed 990 for 2025
- HOSPICE OF THE PIEDMONT INC EIN 58-1453827 · last filed 990 for 2024
- EARL AND KATHRYN CONGDON FAMILY FOUNDATION EIN 47-2962822 · last filed 990-PF for 2024
- R B TERRY CHARITABLE FOUNDATION INC EIN 56-2066238 · last filed 990-PF for 2024
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