Nonprofit · EIN 56-1574848
LAKE NORMAN CHAMBER OF COMMERCE
Tax-exempt · CORNELIUS, NC 28031
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $599,103 | $552,008 | $47,095 | $607,351 | $4,490 | $602,861 |
| December 31, 2024 | 990 | $600,956 | $529,273 | $71,683 | $558,623 | $2,857 | $555,766 |
| December 31, 2023 | 990 | $479,696 | $463,835 | $15,861 | $494,367 | $10,284 | $484,083 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $287,611
- Membership dues
- $287,611
- Program service revenue
- $218,940
- Investment income
- $12,036
- Net rental income
- $56,180
- Other revenue
- $80,516
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $99,748
- Other salaries and wages
- $123,762
- Salaries, compensation and benefits (total)
- $257,507
- Professional fundraising fees
- $0
- Legal fees
- $7,300
- Accounting fees
- $2,412
- Occupancy
- $106,873
- Depreciation
- $70
- Program services (functional)
- $552,008
Balance sheet and other
- Total assets, start of year
- $558,623
- Total assets, end of year
- $607,351
- Total liabilities, end of year
- $4,490
- Net assets, end of year
- $602,861
- Land, buildings and equipment
- $378
- Net assets without donor restrictions
- $602,861
- Gross receipts
- $599,103
- Employees
- 3
- Year formed
- 1989
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM RUSSELL | PRESIDENT & Officer | 40 | $92,548 |
| HOLLY ZIENKA | BOOKKEEPER Trustee or director | 1 | $7,200 |
| JOHN ALEXANDER | DIRECTOR Trustee or director | 1 | $0 |
| SALLY ASHWORTH | DIRECTOR Trustee or director | 1 | $0 |
| LISA BASS | DIRECTOR Trustee or director | 1 | $0 |
| ROD BEARD | V CHAIR MEMB Trustee or director | 1 | $0 |
| BETH BLEDSOE | DIRECTOR Trustee or director | 1 | $0 |
| TRACY MATTISON BRANDON | DIRECTOR Trustee or director | 1 | $0 |
| STACIE BRIGHT | V CHAIR COMM Trustee or director | 1 | $0 |
| CASEY BROOME | DIRECTOR Trustee or director | 1 | $0 |
| NICHOLE BURTON | DIRECTOR Trustee or director | 1 | $0 |
| BETH CASHION | DIRECTOR Trustee or director | 1 | $0 |
| JIM COMBS | V CHAIR BUS Trustee or director | 1 | $0 |
| MARIANO DOBLE | DIRECTOR Trustee or director | 1 | $0 |
| SCOTT T FLETCHER | DIRECTOR Trustee or director | 1 | $0 |
14 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SCOTT HIGGINS | DIRECTOR Trustee or director | 1 | $0 |
| PAT JACKSON | V CHAIR PUBL Trustee or director | 1 | $0 |
| BRANDI JONES | DIRECTOR Trustee or director | 1 | $0 |
| LARRY GRIFFIN JR | DIRECTOR Trustee or director | 1 | $0 |
| BILL LEONARD | DIRECTOR Trustee or director | 1 | $0 |
| ALEC NATT | VICE CHAIR F Trustee or director | 1 | $0 |
| APRIL PATTERSON | V CHAIR COMM Trustee or director | 1 | $0 |
| EDWIN QUARLES | DIRECTOR Trustee or director | 1 | $0 |
| ROBIN SMITH SALZMAN | DIRECTOR Trustee or director | 1 | $0 |
| BRIAN SISSON | BOARD CHAIR Trustee or director | 1 | $0 |
| TRACEY STEHLE | DIRECTOR Trustee or director | 1 | $0 |
| JEFF TARTE | IMMED PAST B Trustee or director | 1 | $0 |
| KAREN TOVAR | DIRECTOR Trustee or director | 1 | $0 |
| LEAH B TROWBRIDGE | BOARD CHAIR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 31 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM RUSSELL | PRESIDENT & Officer | 40 | $88,497 |
| HOLLY ZIENKA | BOOKKEEPER Trustee or director | 1 | $7,240 |
| JOHN ALEXANDER | DIRECTOR Trustee or director | 1 | $0 |
| SALLY ASHWORTH | DIRECTOR Trustee or director | 1 | $0 |
| LISA BASS | DIRECTOR Trustee or director | 1 | $0 |
| ROD BEARD | VICE CHAIR M Trustee or director | 1 | $0 |
| BETH BLEDSOE | DIRECTOR Trustee or director | 1 | $0 |
| TRACY MATTISON BRANDON | DIRECTOR Trustee or director | 1 | $0 |
| STACIE BRIGHT | DIRECTOR Trustee or director | 1 | $0 |
| CASEY BROOME | DIRECTOR Trustee or director | 1 | $0 |
| NICHOLE BURTON | DIRECTOR Trustee or director | 1 | $0 |
| BETH CASHION | VICE CHAIR P Trustee or director | 1 | $0 |
| JIM COMBS | VICE CHAIR B Trustee or director | 1 | $0 |
| MARIANO DOBLE | DIRECTOR Trustee or director | 1 | $0 |
| SCOTT T FLETCHER | DIRECTOR Trustee or director | 1 | $0 |
| SCOTT HIGGINS | DIRECTOR Trustee or director | 1 | $0 |
| DAN HOUSTON | DIRECTOR Trustee or director | 1 | $0 |
| PAT JACKSON | DIRECTOR Trustee or director | 1 | $0 |
| BRANDI JONES | DIRECTOR Trustee or director | 1 | $0 |
| DAVID KEITH | DIRECTOR Trustee or director | 1 | $0 |
| BILL LEONARD | DIRECTOR Trustee or director | 1 | $0 |
| DOUGLAS MARION | DIRECTOR Trustee or director | 1 | $0 |
| RYAN MCDANIELS | DIRECTOR Trustee or director | 1 | $0 |
| ALEC NATT | DIRECTOR Trustee or director | 1 | $0 |
| APRIL PATTERSON | VICE CHAIR F Trustee or director | 1 | $0 |
| EDWIN QUARLES | DIRECTOR Trustee or director | 1 | $0 |
| BRIAN SISSON | VICE CHAIR C Trustee or director | 1 | $0 |
| TRACEY STEHLE | DIRECTOR Trustee or director | 1 | $0 |
| JEFF TARTE | BOARD CHAIR Trustee or director | 1 | $0 |
| KAREN TOVAR | DIRECTOR Trustee or director | 1 | $0 |
| LEAH B TROWBRIDGE | VICE CHAIR C Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 30 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM RUSSELL | PRESIDENT Officer | 40 | $89,760 |
| HOLLY ZIENKA | BOOKKEEPER Trustee or director | 1 | $7,200 |
| SALLY ASHWORTH | DIRECTOR Trustee or director | 1 | $0 |
| KAREN BENTLEY | VICE CHAIR C Trustee or director | 1 | $0 |
| TRACY MATTISON BRANDON | DIRECTOR Trustee or director | 1 | $0 |
| JASON COLVIN | DIRECTOR Trustee or director | 1 | $0 |
| ERIKA ERLENBACH | IMMEDIATE PA Trustee or director | 1 | $0 |
| DAVID M FRESCATORE | DIRECTOR Trustee or director | 1 | $0 |
| DALE GILLMORE | VICE CHAIR B Trustee or director | 1 | $0 |
| DAN HOUSTON | DIRECTOR Trustee or director | 1 | $0 |
| DHEEPA JOHNSTON | DIRECTOR Trustee or director | 1 | $0 |
| DAVID KEITH | BOARD CHAIR Trustee or director | 1 | $0 |
| AMBER KOVACS | DIRECTOR Trustee or director | 1 | $0 |
| ROGER LAYMAN | DIRECTOR Trustee or director | 1 | $0 |
| BILL LEONARD | DIRECTOR Trustee or director | 1 | $0 |
| DOUGLAS MARION | FINANCE CHAI Trustee or director | 1 | $0 |
| RYAN MCDANIELS | DIRECTOR Trustee or director | 1 | $0 |
| STEPHEN A MELTON | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL OSBORNE | DIRECTOR Trustee or director | 1 | $0 |
| RICHARD PAPPAS | PAST BOARD C Trustee or director | 1 | $0 |
| CHRISTINE PULLEY | DIRECTOR Trustee or director | 1 | $0 |
| IVONNE REED | DIRECTOR Trustee or director | 1 | $0 |
| LAURA RIZZETTA | DIRECTOR Trustee or director | 1 | $0 |
| BAILEY SIGLER | DIRECTOR Trustee or director | 1 | $0 |
| BRIAN SISSON | VICE CHAIR C Trustee or director | 1 | $0 |
| TRACEY STEHLE | DIRECTOR Trustee or director | 1 | $0 |
| JEFF TARTE | VC PUBLIC PO Trustee or director | 1 | $0 |
| KAREN TOVAR | VICE CHAIR M Trustee or director | 1 | $0 |
| LEAH B TROWBRIDGE | DIRECTOR Trustee or director | 1 | $0 |
| SYLVIA SPURY | EXECUTIVE VP Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 19900 W CATAWBA AVE STE 101, CORNELIUS, NC 28031-4033
- In care of
- % BRETT ZABEK
- Principal officer (990 for 2025)
- WILLIAM RUSSELL, PO BOX 760, CORNELIUS, NC 28031
- Signed the 990
- WILLIAM RUSSELL, PRESIDENT & CEO
- Phone
- (704) 892-1922
- Website
- WWW.LAKENORMANCHAMBER.ORG
- Return prepared by
- BGW ADVISORS LLC
Mission
TO PROVIDE SERVICES FOR AND PROMOTE THE BUSINESS ACTIVITIES OF ITS MEMBERS.
Program accomplishments
- TO SERVE AS A CATALYST FOR HEALTHY (STRONG, VIBRANT, CONTINUOUS, INNOVATIVE, AND SUSTAINABLE) BUSINESS GROWTH WHILE ENHANCING OUR QUALITY OF LIFE THROUGH TOTAL COMMUNITY INVOLVEMENT.Expenses $552,008 · revenue $218,940
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 | 990 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
- 56-1574848
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1989
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $607,351
- Income (IRS master file)
- $599,103
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $599,103 | $552,008 | $607,351 | IRS |
| 990 | December 2024 | $600,956 | $529,273 | $558,623 | XML |
| 990 | December 2023 | $479,696 | $463,835 | $494,367 | XML |
| 990 | December 2022 | $455,025 | $467,343 | $478,507 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 56-1574848).
Questions about LAKE NORMAN CHAMBER OF COMMERCE
- What is the EIN of LAKE NORMAN CHAMBER OF COMMERCE?
- The employer identification number (EIN) of LAKE NORMAN CHAMBER OF COMMERCE is 56-1574848.
- Is LAKE NORMAN CHAMBER OF COMMERCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1989.
- Are donations to LAKE NORMAN CHAMBER OF COMMERCE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does LAKE NORMAN 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 LAKE NORMAN CHAMBER OF COMMERCE due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAKE NORMAN CHAMBER OF COMMERCE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of LAKE NORMAN CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2025 names WILLIAM RUSSELL.
- Who are the officers and directors of LAKE NORMAN CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2025 lists 29 people; 2 received compensation from the organization, the highest $92,548 (WILLIAM RUSSELL, PRESIDENT &).
- How much revenue does LAKE NORMAN CHAMBER OF COMMERCE have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $599,103, expenses of $552,008 and total assets of $607,351 at year end.
Other nonprofits in CORNELIUS
- CAROLINAS FOOTBALL CLUB EIN 83-4522850 · last filed 990 for 2025
- CAROLINA FARM TRUST INC EIN 47-4089099 · last filed 990 for 2024
- OPERATION HELO INC EIN 33-1291330 · last filed 990 for 2024
- CORNELIUS ARTS COMMUNITY CENTER INC EIN 81-4628087 · last filed 990 for 2025
- THUNDERBIRD PREPARATORY ACADEMY INC EIN 46-5055270 · last filed 990 for 2025
- CORNELIUS LEMLEY VOLUNTEER FIRE DEPARTMENT INC EIN 56-1366362 · last filed 990 for 2025
- FORGOTTEN NOW FAMILY RESCUE CO EIN 86-3785690 · last filed 990 for 2024
- CHRISTIAN FAMILY LIFE INCORPORATED EIN 75-1374621 · last filed 990 for 2025