Nonprofit · EIN 56-1184026
SOUTHPORT OAK ISLAND CHAMBER OF COMMERCE
Tax-exempt (reinstated) · SOUTHPORT, NC 28461
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $355,583 | $321,786 | $33,797 | $593,968 | $28,814 | $565,154 |
| June 30, 2024 | 990 | $364,061 | $334,222 | $29,839 | $553,885 | $22,528 | $531,357 |
| June 30, 2023 | 990 | $267,109 | $304,691 | -$37,582 | $534,072 | $32,554 | $501,518 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $134,512
- of which government grants
- $2,500
- Membership dues
- $132,012
- Program service revenue
- $105,500
- Investment income
- $1,193
- Royalties
- $196
- Net rental income
- $1,225
- Net income from fundraising events
- $82,157
- Net income from sales of inventory
- $30,800
- Other revenue
- $114,378
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $124,821
- Salaries, compensation and benefits (total)
- $153,219
- Professional fundraising fees
- $0
- Occupancy
- $19,078
- Depreciation
- $9,582
Balance sheet and other
- Total assets, start of year
- $553,885
- Total assets, end of year
- $593,968
- Total liabilities, end of year
- $28,814
- Net assets, end of year
- $565,154
- Land, buildings and equipment
- $183,039
- Net assets without donor restrictions
- $565,154
- Gross receipts
- $987,335
- Employees
- 4
- Year formed
- 1980
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BROOKE RUDD-GAGLIE | PRESIDENT Officer | – | $0 |
| FELICIA SEXTON | SENIORVICE P Officer | – | $0 |
| JEFFREY STITES | VICE PRESIDE Officer | – | $0 |
| VICTORIA BELLAMY | VICE PRESIDE Officer | – | $0 |
| HUGH FOSBURY | VICE PRESIDE Officer | – | $0 |
| JACK HAMILTON | VICE PRESIDE Officer | – | $0 |
| WILL MITCHELL | VICE PRESIDE Officer | – | $0 |
| JACKIE DEL PRETE | DIRECTOR Trustee or director | – | $0 |
| BRADLEY NARRON | DIRECTOR Trustee or director | – | $0 |
| GINA DISABATO | DIRECTOR Trustee or director | – | $0 |
| KATE INMAN | DIRECTOR Trustee or director | – | $0 |
| AMY BUMGARNER | DIRECTOR Trustee or director | – | $0 |
| CARYSA OVERCASH | DIRECTOR Trustee or director | – | $0 |
| JESSICA NIEDOMANSKI | DIRECTOR Trustee or director | – | $0 |
| KEVIN ANNAS | DIRECTOR Trustee or director | – | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAREN SPAR | EXECUTIVE VI Officer | – | $0 |
990 for the year ended June 30, 2024: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TERESA CARROLL | PRESIDENT Officer | 2 | $0 |
| KAREN SPHAR | EXECUTIVE VI Officer | 40 | $0 |
| JACKIE DEL PRETE | VICE PRESIDE Officer | 1 | $0 |
| FELICIA SEXTON | VICE PRESIDE Officer | 1 | $0 |
| HUGH FOSBURY | VICE PRESIDE Officer | 1 | $0 |
| JACK HAMILTON | VICE PRESIDE Officer | 1 | $0 |
| PAMELA SEXTON | VICE PRESIDE Trustee or director | 1 | $0 |
| LISA BENNA | DIRECTOR Trustee or director | 1 | $0 |
| BRIANA NEELEY | DIRECTOR Trustee or director | 1 | $0 |
| CINDY CAPPS | DIRECTOR Trustee or director | 1 | $0 |
| HEATHER KING | DIRECTOR Trustee or director | 1 | $0 |
| BRADLEY NARRON | DIRECTOR Trustee or director | 1 | $0 |
| BROOKE RUDD-GAGLIE | DIRECTOR Trustee or director | 1 | $0 |
| JUSTIN CUTRELL | DIRECTOR Trustee or director | 1 | $0 |
| GINA DISABATO | DIRECTOR Trustee or director | 1 | $0 |
| WILL MITCHELL | DIRECTOR Trustee or director | 1 | $0 |
| KATE INMAN | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFFREY STITES | PRESIDENT Officer | – | $0 |
| KAREN SPHAR | EXECUTIVE VI Officer | – | $0 |
| TERRESA CARROLL | SENOR VICE-P Officer | – | $0 |
| JACKIE DEL PRETE | VICE PRESIDE Officer | – | $0 |
| PAMELA SEXTON | VICE PRESIDE Officer | – | $0 |
| BROOKE RUDD-GAGLIE | VICE PRESIDE Officer | – | $0 |
| HUGH FOSBURY | VICE-PRESIDE Officer | – | $0 |
| FELICIA SEXTON | VICE-PRESIDE Trustee or director | – | $0 |
| ERVIN ETHERIDGE | IMMEDIATE PA Former | – | $0 |
| ZACHARY CLOUSER | DIRECTOR Trustee or director | – | $0 |
| RANDY MOFFITT | DIRECTOR Trustee or director | – | $0 |
| ILENE EVANS | DIRECTOR Trustee or director | – | $0 |
| LISA BENNA | DIRECTOR Trustee or director | – | $0 |
| CINDY CAPPS | DIRECTOR Trustee or director | – | $0 |
| BRINA NEELY | DIRECTOR Trustee or director | – | $0 |
| HEATHER KING | DIRECTOR Trustee or director | – | $0 |
| BRADLEY NARRON | DIRECTOR Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- 4433 LONG BEACH RD SE, SOUTHPORT, NC 28461-8437
- Mailing address (990-N for 2025)
- 4433 LONG BEACH RD SE, SOUTHPORT NC 28461
- Principal officer (990 for 2024)
- BROOKE RUDD-GAGLIE, 4433 LONG BEACH ROAD, SOUTHPORT, NC 28461
- Principal officer (990-N for 2025)
- BROOKE RUDD-GAGLIE, 4433 LONG BEACH ROAD, SOUTHPORT NC 28461
- Signed the 990
- KAREN SPAR, EXECUTIVE VICE PRESI
- Phone
- (910) 457-6954
- Return prepared by
- THOMPSON PRICE SCOTT ADAMS & CO PA
Mission
THE MISSION STATEMENT OF THE SOUTHPORT-OAK ISLAND AREA CHAMBER OF COMMERCE IS TO ADVANCE THE GENERAL WELFARE OF ITS MEMBERS AND THE PROSPERITY OF THE AREA SO THAT ALL CITIZENS AND ALL AREAS OF ITS BUSINESS COMMUNITY SHALL PROSPER. PARTICULAR ATTENTION AND EMPHASIS SHALL BE GIVEN TO THE ECONOMIC, CIVIC, COMMERCIAL, CULTURAL, INDUSTRIAL AND EDUCATIONAL INTEREST OF THE AREA WITH ALL APPROPRIATE MEANS OF PROMOTION PROVIDED.
Program accomplishments
- THE SOUTHPORT-OAK ISLAND AREA CHAMBER OF COMMERCE OPERATES TO PROMOTE AND INCREASE PUBLIC KNOWLEDGE, AWARNESS AND INTERACTION WITH MEMBERS AND TO PROMOTE INTEREST IN THE AREA.
- THE SOUTHPORT-OAK ISLAND AREA CHAMBER OF COMMERCE OPERATES TO PROMOTE AND INCREASE PUBLIC KNOWLEDGE, AWARENESS AND INTERACTION WITH MEMBERS AND TO PROMOTE INTEREST IN THE AREA.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | 990-N on file |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 56-1184026
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2016
- Accounting year ends
- June
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S41)
Revocation and reinstatement
- Exemption revoked
- November 15, 2010
- Posted by the IRS
- January 12, 2016
- Reinstated
- Effective November 15, 2010
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-N for 2025 Officer: BROOKE RUDD-GAGLIE | June 30, 2026 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | June 2025 | $355,583 | $321,786 | $593,968 | XML |
| 990 | June 2024 | $364,061 | $334,222 | $553,885 | XML |
| 990 | June 2023 | $267,109 | $304,691 | $534,072 | XML |
| 990 | June 2022 | $356,710 | $310,632 | $568,141 | IRS |
| 990 | June 2021 | $340,224 | $253,991 | $519,952 | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 56-1184026).
Questions about SOUTHPORT OAK ISLAND CHAMBER OF COMMERCE
- What is the EIN of SOUTHPORT OAK ISLAND CHAMBER OF COMMERCE?
- The employer identification number (EIN) of SOUTHPORT OAK ISLAND CHAMBER OF COMMERCE is 56-1184026.
- Is SOUTHPORT OAK ISLAND CHAMBER OF COMMERCE tax-exempt?
- Yes. The IRS revoked its exemption on November 15, 2010 and reinstated it effective November 15, 2010.
- Are donations to SOUTHPORT OAK ISLAND CHAMBER OF COMMERCE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SOUTHPORT OAK ISLAND CHAMBER OF COMMERCE file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of SOUTHPORT OAK ISLAND CHAMBER OF COMMERCE due?
- The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SOUTHPORT OAK ISLAND CHAMBER OF COMMERCE last file with the IRS?
- The latest return in the IRS public files is the 990-N for 2025 for the year ended June 30, 2026.
- Who is the principal officer of SOUTHPORT OAK ISLAND CHAMBER OF COMMERCE?
- The 990 for the year ended June 30, 2025 names BROOKE RUDD-GAGLIE.
- Who are the officers and directors of SOUTHPORT OAK ISLAND CHAMBER OF COMMERCE?
- The 990 for the year ended June 30, 2025 lists 16 people; 0 received compensation from the organization.
- How much revenue does SOUTHPORT OAK ISLAND CHAMBER OF COMMERCE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $355,583, expenses of $321,786 and total assets of $593,968 at year end.
Other nonprofits in SOUTHPORT
- ST JAMES PLANTATION PROPERTY OWNERS ASSOCIATION INC EIN 56-1730177 · last filed 990 for 2025
- ST JAMES SERVICE CLUB INC EIN 56-2035198 · last filed 990 for 2025
- BRUNSWICK SHERIFFS CHARITABLE FOUNDATION INC EIN 45-4171073 · last filed 990 for 2025
- PAX FOUNDATION EIN 92-3319718 · last filed 990-PF for 2024
- DOWNTOWN SOUTHPORT INC EIN 75-3231508 · last filed 990-EZ for 2025
- ROTARY FOUNDATION OF SOUTHPORT NC EIN 84-3265543 · last filed 990-N for 2025
- SOUTHPORT WOMANS CLUB EIN 56-1737890 · last filed 990-N for 2023
- CAPE FEAR RADIO INC EIN 93-3854921 · last filed 990-N for 2025
All nonprofits in SOUTHPORT · North Carolina · Community improvement and capacity building