Nonprofit · EIN 56-0899110
OUTER BANKS CHAMBER OF COMMERCE INC
Tax-exempt · KILL DEVIL HL, NC 27948
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $448,468 | $454,888 | -$6,420 | $333,802 | $139,101 | $194,701 |
| December 31, 2023 | 990 | $436,996 | $445,932 | -$8,936 | $354,427 | $153,306 | $201,121 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $324,991
- Membership dues
- $237,437
- Program service revenue
- $123,127
- Investment income
- $350
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $250
- Salaries, compensation and benefits (total)
- $270,231
- Professional fundraising fees
- $0
- Accounting fees
- $1,200
- Occupancy
- $27,865
- Depreciation
- $7,730
- Program services (functional)
- $161,677
- Management and general (functional)
- $231,769
- Fundraising (functional)
- $61,442
Balance sheet and other
- Total assets, start of year
- $354,427
- Total assets, end of year
- $333,802
- Total liabilities, end of year
- $139,101
- Net assets, end of year
- $194,701
- Land, buildings and equipment
- $128,044
- Net assets without donor restrictions
- $194,701
- Gross unrelated business income
- $53,190
- Gross receipts
- $448,468
- Employees
- 5
- Year formed
- 1967
- 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 |
|---|---|---|---|
| KAREN BROWN | President Officer | 40 | $100,202 |
| RICHARD HESS | ExOfficio Trustee or director | 1 | $0 |
| SCOTT DEMASSE | Trustee Trustee or director | 1 | $0 |
| MELISSA HARRISON | Div Vice Chair Trustee or director | 1 | $0 |
| CAROLINE BASNIGHT | Trustee Trustee or director | 1 | $0 |
| ROBERT DEFAZIO | Chairman of the Board Trustee or director | 1 | $0 |
| MYRA LADD-BONE | ExOfficio Trustee or director, Officer | 1 | $0 |
| LARRY BARKER | Trustee Trustee or director | 1 | $0 |
| JIM GILREATH | Immediate Past Chair Trustee or director, Officer | 1 | $0 |
| TESS JUDGE | Treasurer Trustee or director, Officer | 1 | $0 |
| THOMAS BRUCE | Div Vice Chair Trustee or director, Officer | 1 | $0 |
| LYNNE MILES | Trustee Trustee or director, Officer | 1 | $0 |
| NICK GRAHAM | ChairElect Trustee or director | 1 | $0 |
| BOB PEELE | Div Vice Chair Trustee or director | 1 | $0 |
| LAUREL HART | Div Vice Chair Trustee or director | 1 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AIDA HAVEL | Trustee Trustee or director | 1 | $0 |
| PAM ANDERSON | Trustee Trustee or director | 1 | $0 |
| MATT BYRNE | Trustee Trustee or director | 1 | $0 |
| SONYA SIKES | Trustee Trustee or director | 1 | $0 |
| HUNTER SMITHWICK | Trustee Trustee or director | 1 | $0 |
| JOHN WRIGHT | Trustee Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 21 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAREN BROWN | President Officer | 40 | $101,403 |
| JOSH STUBBLEFIELD | Trustee Trustee or director, Officer | 1 | $0 |
| RICHARD HESS | Past Chair Trustee or director | 1 | $0 |
| SCOTT DEMASSE | Trustee Trustee or director | 1 | $0 |
| MELISSA HARRISON | Trustee Trustee or director | 1 | $0 |
| CAROLINE BASNIGHT | Trustee Trustee or director | 1 | $0 |
| ROBERT DEFAZIO | ChairmanElect Trustee or director | 1 | $0 |
| MYRA LADD-BONE | Past Chair Trustee or director, Officer | 1 | $0 |
| LARRY BARKER | Trustee Trustee or director | 1 | $0 |
| JIM GILREATH | Chairman Trustee or director, Officer | 1 | $0 |
| AMY SMITH | Trustee Trustee or director | 1 | $0 |
| LARRY WARNER | Vice Chair Trustee or director, Officer | 1 | $0 |
| TESS JUDGE | Treasurer Trustee or director, Officer | 1 | $0 |
| THOMAS BRUCE | Vice Chair Trustee or director, Officer | 1 | $0 |
| LYNNE MILES | Trustee Trustee or director, Officer | 1 | $0 |
| NICK GRAHAM | Trustee Trustee or director | 1 | $0 |
| BOB PEELE | Vice Chair Trustee or director | 1 | $0 |
| LAUREL HART | Vice Chair Trustee or director | 1 | $0 |
| JOHN DENNY | Trustee Trustee or director | 1 | $0 |
| AIDA HAVEL | Trustee Trustee or director | 1 | $0 |
| ERICA POWERS | Trustee Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1757, KILL DEVIL HL, NC 27948-1757
- In care of
- % KAREN BROWN
- Principal officer (990 for 2024)
- Karen Brown, PO Box 1757, Kill Devil Hills, NC 27948
- Signed the 990
- KAREN BROWN, president
- Phone
- (252) 441-8144
- Return prepared by
- Arthur E Cone CPA MBA PLLC
Mission
Empower the Outer Banks business community by promoting and developing economic prosperity.
Program accomplishments
- Membership services include distribute brochures & directories on the Outer Banks. Respond to inquiries and general promotion of the area. Approx. 1000 members.Expenses $161,677
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
- 56-0899110
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1975
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $333,802
- Income (IRS master file)
- $448,468
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $448,468 | $454,888 | $333,802 | XML |
| 990 | December 2023 | $436,996 | $445,932 | $354,427 | XML |
| 990 | December 2022 | $85,742 | $102,248 | $377,334 | IRS |
| 990 | September 2022 | $377,677 | $345,410 | $400,687 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | 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 56-0899110).
Questions about OUTER BANKS CHAMBER OF COMMERCE INC
- What is the EIN of OUTER BANKS CHAMBER OF COMMERCE INC?
- The employer identification number (EIN) of OUTER BANKS CHAMBER OF COMMERCE INC is 56-0899110.
- Is OUTER BANKS CHAMBER OF COMMERCE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1975.
- Are donations to OUTER BANKS CHAMBER OF COMMERCE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does OUTER BANKS CHAMBER OF COMMERCE 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 OUTER BANKS CHAMBER OF COMMERCE 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 OUTER BANKS CHAMBER OF COMMERCE 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 OUTER BANKS CHAMBER OF COMMERCE INC?
- The 990 for the year ended December 31, 2024 names Karen Brown.
- Who are the officers and directors of OUTER BANKS CHAMBER OF COMMERCE INC?
- The 990 for the year ended December 31, 2024 lists 21 people; 1 received compensation from the organization, the highest $100,202 (KAREN BROWN, President).
- How much revenue does OUTER BANKS CHAMBER OF COMMERCE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $448,468, expenses of $454,888 and total assets of $333,802 at year end.
Other nonprofits in KILL DEVIL HL
- COLINGTON VOLUNTEER FIRE DEPT INC EIN 56-1391015 · last filed 990 for 2025
- INTERFAITH COMMUNIITY OUTREACH INC EIN 22-3902355 · last filed 990 for 2025
- OUTER BANKS HOME BUILDERS ASSOCIATION INC EIN 56-1565938 · last filed 990 for 2025
- KEFALAS-PINTO FOUNDATION INC EIN 22-3615912 · last filed 990-PF for 2024
- FRATERNAL ORDER OF EAGLES EIN 27-0385382 · last filed 990 for 2025
- OUTER BANKS SPORTING EVENTS INC EIN 38-3804133 · last filed 990 for 2024
- OBX ROOM IN THE INN EIN 45-5030512 · last filed 990 for 2026
- CREATIVE MINISTRIES INC EIN 58-1344029 · last filed 990-EZ for 2024