Nonprofit · EIN 56-0664006
MCDOWELL CHAMBER OF COMMERCE
Tax-exempt · MARION, NC 28752
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $438,027 | $512,429 | -$74,402 | $477,443 | $32,233 | $445,210 |
| December 31, 2023 | 990 | $431,949 | $410,556 | $21,393 | $550,202 | $30,590 | $519,612 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $383,518
- of which government grants
- $201,850
- Membership dues
- $90,266
- Program service revenue
- $48,130
- Investment income
- $1,311
- Net income from fundraising events
- $3,418
- Net income from sales of inventory
- $1,650
- Other revenue
- $5,068
Expenses
- Grants and similar amounts paid
- $11,804
- Compensation of officers, directors and key employees
- $85,000
- Other salaries and wages
- $124,624
- Salaries, compensation and benefits (total)
- $249,434
- Professional fundraising fees
- $0
- Accounting fees
- $950
- Occupancy
- $12,480
- Travel
- $12,646
- Depreciation
- $13,731
- Program services (functional)
- $512,429
Balance sheet and other
- Total assets, start of year
- $550,202
- Total assets, end of year
- $477,443
- Total liabilities, end of year
- $32,233
- Net assets, end of year
- $445,210
- Land, buildings and equipment
- $120,457
- Net assets without donor restrictions
- $445,210
- Gross unrelated business income
- $3,418
- Gross receipts
- $452,652
- Employees
- 0
- Year formed
- 1957
- 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 |
|---|---|---|---|
| NANCY SPENCER | BOARD MEMBER Trustee or director | 1 | $0 |
| WILLIAM MORRIS | CHAIR Trustee or director | 1 | $0 |
| MICHAEL MCGEARY | BOARD MEMBER Trustee or director | 1 | $0 |
| STEPHANIE EVANS | BOARD SECRETARY Trustee or director | 1 | $0 |
| STEPHANIE S TWITTY | VICE CHAIR Trustee or director | 1 | $0 |
| ASHLEY INGRAM | BOARD MEMBER Trustee or director | 1 | $0 |
| TIM MARINI | BOARD MEMBER Trustee or director | 1 | $0 |
| DANIELLE STILWELL | PAST CHAIR Trustee or director | 1 | $0 |
| JIM ENGELMAN | BOARD MEMBER Trustee or director | 1 | $0 |
| JASON MCDOUGALD | BOARD MEMBER Trustee or director | 1 | $0 |
| LISA JENNINGS | BOARD MEMBER Trustee or director | 1 | $0 |
| LAURA BUSTOS | BOARD MEMBER Trustee or director | 1 | $0 |
| STEPHANIE EVANS | BOARD MEMBER Trustee or director | 1 | $0 |
| LEE HIGGINBOTHAM | BOARD MEMBER Trustee or director | 0 | $0 |
| TOBY BRAMBLETT | BOARD MEMBER Trustee or director | 0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIM EFFLER | EXEC DIRECTOR Officer | 40 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JASON MCDOUGALD | BOARD MEMBER Trustee or director | 1 | $0 |
| LISA JENNINGS | BOARD MEMBER Trustee or director | 1 | $0 |
| DANIELLE STILWELL | CHAIRPERSON Trustee or director | 1 | $0 |
| KEN KOESTERS | BOARD MEMBER Trustee or director | 1 | $0 |
| TERRY VALENTINO | BOARD MEMBER Trustee or director | 0 | $0 |
| SHANNON ODOM | BOARD MEMBER Trustee or director | 0 | $0 |
| FREDDIE KILLOUGH | BOARD MEMBER Trustee or director | 1 | $0 |
| MARGARITA RAMIREZ | VICE CHAIR Trustee or director | 1 | $0 |
| JEANNIE CONNER | BOARD MEMBER Trustee or director | 1 | $0 |
| ARTHUR PARKS | PAST CHAIR Trustee or director | 1 | $0 |
| EMILY CAUSEY | BOARD MEMBER Trustee or director | 1 | $0 |
| STEPHANIE EVANS | BOARD CHAIR Trustee or director | 1 | $0 |
| WESLEY SHELLEY | BOARD MEMBER Trustee or director | 1 | $0 |
| CHUCK ABERNATHY | BOARD MEMBER Trustee or director | 1 | $0 |
| STEPHANIE S TWITTY | PAST CHAIR Trustee or director | 1 | $0 |
| KIM EFFLER | EXEC DIRECTOR Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 1170 TATE ST, MARION, NC 28752-4487
- In care of
- % KIMBERLY EFFLER
- Signed the 990
- KIMBERLY EFFLER, DIRECTOR
- Website
- WWW.MCDOWELLCHAMBER.COM
- Return prepared by
- Jamie M Miller CPA PLLC
Mission
THE ORGANIZATIONS MISSION IS TO ACHIEVE THE OBJECTIVES OF PROMOTING BUSINESS AND COMMUNITY DEVELOPMENT AND PRESERVING THE COMPETITIVE ENTERPRISE SYSTEM OF BUSINESS WITHIN MCDOWELL COUNTY.
Program accomplishments
- TO PROMOTE THE GROWTH AND DEVELOPMENT OF RETAIL TRADE AND INDUSTRY THROUGH SERVICES PROVIDED TO MEMBERS, DEVELOPMENT OF VOLUNTEER NETWORKS, AND LOCAL GOVERNMENT RELATIONS.Expenses $512,429 · revenue $438,027
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
- 56-0664006
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1974
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41Z)
- Assets (IRS master file)
- $477,443
- Income (IRS master file)
- $452,652
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $438,027 | $512,429 | $477,443 | IRS |
| 990 | December 2023 | $431,949 | $410,556 | $550,202 | XML |
| 990 | December 2022 | $369,358 | $363,198 | $531,237 | IRS |
| 990 | December 2021 | – | – | – | 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 56-0664006).
Questions about MCDOWELL CHAMBER OF COMMERCE
- What is the EIN of MCDOWELL CHAMBER OF COMMERCE?
- The employer identification number (EIN) of MCDOWELL CHAMBER OF COMMERCE is 56-0664006.
- Is MCDOWELL CHAMBER OF COMMERCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1974.
- Are donations to MCDOWELL CHAMBER OF COMMERCE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MCDOWELL CHAMBER OF COMMERCE 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 MCDOWELL CHAMBER OF COMMERCE 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 MCDOWELL CHAMBER OF COMMERCE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of MCDOWELL CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2024 lists 16 people; 0 received compensation from the organization.
- How much revenue does MCDOWELL CHAMBER OF COMMERCE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $438,027, expenses of $512,429 and total assets of $477,443 at year end.
Other nonprofits in MARION
- WEST MARION INC EIN 83-0671471 · last filed 990 for 2025
- MCDOWELL ECONOMIC DEVELOPMENT ASSOCIATION INC EIN 56-1346748 · last filed 990 for 2023
- MCDOWELL BOARD OF REALTORS INC EIN 56-1400621 · last filed 990-EZ for 2024
- CONNECT MCDOWELL EIN 85-0766256 · last filed 990-N for 2025
- BOSS-BREATHE ONCE STAY SAFE EIN 33-4529189 · last filed 990-N for 2025
- MCDOWELL CHAMBER COMMUNITY AND BUSINESS IMPACT EIN 92-3798075 · last filed 990-N for 2024
- HOME BUILDERS ASSN OF MCDOWELL COUNTY INC EIN 56-1317438 · last filed 990-N for 2023
- MCDOWELL LFAC EIN 83-2141213 · last filed 990 for 2025
All nonprofits in MARION · North Carolina · Community improvement and capacity building