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Nonprofit · EIN 56-1255578

SWISS BEAR INC

Tax-exempt · NEW BERN, NC 28560

Financials

$387K$433K2023$343K$324K2024
Revenue Expenses · by fiscal year end
Financials of SWISS BEAR INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$343,414$323,522$19,892$331,159$26,513$304,646
December 31, 2023990$387,151$433,005-$45,854$322,293$37,539$284,754
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$52,060
Program service revenue
$280,720
Investment income
$10,634
Other revenue
$0

Expenses

Grants and similar amounts paid
$17,000
Other salaries and wages
$94,909
Salaries, compensation and benefits (total)
$133,361
Professional fundraising fees
$0
Occupancy
$13,395
Program services (functional)
$251,691
Management and general (functional)
$71,831

Balance sheet and other

Total assets, start of year
$322,293
Total assets, end of year
$331,159
Total liabilities, end of year
$26,513
Net assets, end of year
$304,646
Publicly traded securities
$2,176
Net assets without donor restrictions
$249,896
Net assets with donor restrictions
$54,750
Gross receipts
$343,414
Employees
3
Volunteers
125
Year formed
1979
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.

NameTitleHours / weekCompensation
JOHN HAROLDSONCHAIR
Trustee or director, Officer
1.54$0
JOHNNY ROBINSONVICE-CHAIR
Trustee or director, Officer
1.63$0
THARESA LEESECRETARY
Trustee or director, Officer
1.35$0
KELLI BILLINGSLEYTREASURER
Trustee or director, Officer
2.4$0
BILL FAULKENBERRYDESIGN
Trustee or director
0.87$0
JOHN ROBERT MATTOCKSTREASURER
Trustee or director, Officer
0.58$0
CHARLES CUSHMANCO-CHAIR ORG
Trustee or director
1.15$0
CHRISTOPHER A RICHIEAT-LARGE DIR
Trustee or director
0.54$0
WINNIE SMITHAT-LARGE DIR
Trustee or director
0.54$0
ROSS BEEBEAT-LARGE DIR
Trustee or director
0.38$0
VON LEWISAT-LARGE DIR
Trustee or director
0.29$0
RICK DAVISAT-LARGE DIR
Trustee or director
0.29$0
ADAM SIMMONSAT-LARGE DIR
Trustee or director
0.58$0
CINDY TURCOIMMEDIATE PA
Trustee or director
2.02$0
RAY STAATSEX OFFICIO D
Trustee or director
0.19$0
8 more people on this return
NameTitleHours / weekCompensation
ANTHONY GIARDINOEX OFFICIO D
Trustee or director
0.29$0
RICHARD PARSONSEX OFFICIO D
Trustee or director
0.06$0
NANCY FIGIELEX OFFICIO D
Trustee or director
0.1$0
KEVIN ROBERTSEX OFFICIO D
Trustee or director
0.48$0
DENNY BUCHEREX OFFICIO D
Trustee or director
0.23$0
TARSHI MCCOYEX OFFICIO D
Trustee or director
0.12$0
RICK PRILLEX OFFICIO D
Trustee or director
0.19$0
FOSTER HUGHESEX OFFICIO D
Trustee or director
0.19$0
990 for the year ended December 31, 2023: 25 people
NameTitleHours / weekCompensation
JOHN HAROLDSONCHAIR
Trustee or director, Officer
1.54$0
JOHNNY ROBINSONVICE-CHAIR
Trustee or director, Officer
1.63$0
THARESA LEESECRETARY
Trustee or director, Officer
1.35$0
KELLI BILLINGSLEYTREASURER
Trustee or director, Officer
2.4$0
BILL FAULKENBERRYCHAIR DESIGN
Trustee or director
0.87$0
JOHN ROBERT MATTOCKSCHAIR ECON V
Trustee or director
0.58$0
TIFFANY ASKEWAT-LARGE DIR
Trustee or director
0.1$0
RICK DAVISAT-LARGE DIR
Trustee or director
0.29$0
ADAM SIMMONSAT-LARGE DIR
Trustee or director
0.58$0
CHRISTOPHER A RICHIEAT-LARGE DIR
Trustee or director
0.54$0
WINNIE SMITHAT-LARGE DIR
Trustee or director
0.54$0
ROSS BEEBEAT-LARGE DIR
Trustee or director
0.38$0
CHARLES CUSHMANAT-LARGE DIR
Trustee or director
1.15$0
VON LEWISAT-LARGE DIR
Trustee or director
0.29$0
CAROL STUBBSAT-LARGE DIR
Trustee or director
0.1$0
CINDY TURCOIMMEDIATE PA
Trustee or director
2.02$0
RAY STAATSEX OFFICIO D
Trustee or director
0.19$0
MICKEY MILLEREX OFFICIO D
Trustee or director
0.29$0
RICHARD PARSONSEX OFFICIO D
Trustee or director
0.06$0
NANCY FIGIELEX OFFICIO D
Trustee or director
0.1$0
KEVIN ROBERTSEX OFFICIO D
Trustee or director
0.48$0
DENNY BUCHEREX OFFICIO D
Trustee or director
0.23$0
JEFF WOODEX OFFICIO D
Trustee or director
0.12$0
RICK PRILLEX OFFICIO D
Trustee or director
0.19$0
FOSTER HUGHESEX OFFICIO D
Trustee or director
0.19$0

Address and contacts

Address (IRS master file)
316 S FRONT ST, NEW BERN, NC 28560-2134
Principal officer (990 for 2024)
JOHN HAROLDSON, PO BOX 597, NEW BERN, NC 28563
Signed the 990
JOHN ROBERT MATTOCKS, TREASURER
Phone
(252) 288-9825
Return prepared by
SALEM SMITH REGISTER & KNOTT PLLC

Mission

SWISS BEAR, INC. FACILITATES DEVELOPMENT OF THE GREATER DOWNTOWN AREA THROUGH LEADERSHIP AND PLANNING THAT EMPOWERS COMMUNITY STAKEHOLDERS TO PROMOTE AND ENHANCE NEW BERN'S UNIQUE CULTURAL AND NATURAL RESOURCES.

990 for the year ended December 31, 2024

Program accomplishments

  • SPECIAL EVENTS AND PROGRAMS TO ASSIST IN THE PROMOTION OF THE GREATER DOWNTOWN BUSINESS DISTRICT
    Expenses $251,691 · grants $17,000 · revenue $280,720

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
56-1255578
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1980
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$331,159
Income (IRS master file)
$343,414

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$343,414$323,522$331,159XML
990December 2023$387,151$433,005$322,293XML
990December 2022$373,445$421,244$462,100IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 56-1255578).

Questions about SWISS BEAR INC

What is the EIN of SWISS BEAR INC?
The employer identification number (EIN) of SWISS BEAR INC is 56-1255578.
Is SWISS BEAR INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
Are donations to SWISS BEAR INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SWISS BEAR 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 SWISS BEAR 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 SWISS BEAR 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 SWISS BEAR INC?
The 990 for the year ended December 31, 2024 names JOHN HAROLDSON.
Who are the officers and directors of SWISS BEAR INC?
The 990 for the year ended December 31, 2024 lists 23 people; 0 received compensation from the organization.
How much revenue does SWISS BEAR INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $343,414, expenses of $323,522 and total assets of $331,159 at year end.

Other nonprofits in NEW BERN

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