Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 56-1632255

KING CHAMBER OF COMMERCE

Tax-exempt · KING, NC 27021

Financials

$107K$96K2023$106K$96K2024
Revenue Expenses · by fiscal year end
Financials of KING CHAMBER OF COMMERCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$105,993$95,668$10,325$46,521$286$46,235
December 31, 2023990-EZ$106,882$96,198$10,684$36,192$286$35,906
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$3,500
Membership dues
$44,729
Investment income
$480
Net income from fundraising events
$48,603
Other revenue
$8,681

Expenses

Compensation of officers, directors and key employees
$40,040
Salaries, compensation and benefits (total)
$58,467
Professional fees and payments to contractors
$3,951
Occupancy
$19,266
Printing, publications and postage
$400
Other expenses
$13,584

Balance sheet and other

Total assets, start of year
$36,196
Total assets, end of year
$46,521
Total liabilities, end of year
$286
Net assets, end of year
$46,235
Cash, savings and investments
$46,521
Gross receipts
$163,256

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
CATHY LOVEDAYEXECUTIVE DI20$40,040
MINDI ALEXANDRATREASURER1$0
JODY EDMONDSBOARD1$0
ZOLLIE SMITHBOARD1$0
BOBBI BEANEBOARD1$0
DERRICK VICKERSBOARD1$0
DEBBIE MCCLIMENTSECRETARY1$0
GRETCHEN PARKERPRESIDENT1$0
DON HULKEBOARD1$0
SONJA LANKFORDVICE PRESIDE1$0
SALLY ELLIOTTBOARD1$0
LEANNE GAYBOARD1$0
MIKE SMITHBOARD1$0
TORY MABEBOARD1$0
KRISTI MITCHELLBOARD1$0
3 more people on this return
NameTitleHours / weekCompensation
TRACEY COLLINSBOARD1$0
JEFF WALKERBOARD1$0
GINA RAPERBOARD1$0
990-EZ for the year ended December 31, 2023: 20 people
NameTitleHours / weekCompensation
CATHY LOVEDAYEXECUTIVE DI0$38,740
SCOTT TEDDERTREASURER0$0
NICHOLAS OVERBYBOARD0$0
DOUG ROSEBOARD0$0
WHITNEY BRAYBOARD0$0
CHRISTINA BRUNNERBOARD0$0
DEBBIE MCCLIMENTSECRETARY0$0
JEFF WALKERPRESIDENT0$0
DON HULKEBOARD0$0
GRETCHEN PARKERVICE PRESIDE0$0
SALLY ELLIOTTBOARD0$0
ZOLLIE SMITHBOARD0$0
TONI CARTERBOARD0$0
ROBIN HORNBOARD0$0
LEANNA GAYBOARD0$0
RICK MCCRAWBOARD0$0
KRISTI MITCHELLBOARD0$0
DERRICK VICKERSBOARD0$0
SANDY SMITHBOARD0$0
WHITNEY COMBSBOARD0$0

Address and contacts

Address (IRS master file)
PO BOX 863, KING, NC 27021-0863
Signed the 990-EZ
CATHY LOVEDAY, EXECUTIVE DIRECTOR
Phone
(336) 983-9308
Return prepared by
CANNON & COMPANY LLP

Mission

BUSINESS PROMOTION FOR KING, NC AREA

990-EZ for the year ended December 31, 2024

Program accomplishments

  • BUSINESS PROMOTION FOR KING, NORTH CAROLINA AREA
  • BUSINESS PROMOTION FOR KING, NC AREA

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-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

File the 2025 990-EZ for KING CHAMBER OF COMMERCE

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
56-1632255
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1996
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$46,521
Income (IRS master file)
$163,256

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$105,993$95,668$46,521IRS
990-EZDecember 2023$106,882$96,198$36,192XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 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 56-1632255).

Questions about KING CHAMBER OF COMMERCE

What is the EIN of KING CHAMBER OF COMMERCE?
The employer identification number (EIN) of KING CHAMBER OF COMMERCE is 56-1632255.
Is KING CHAMBER OF COMMERCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1996.
Are donations to KING CHAMBER OF COMMERCE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does KING 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 KING 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 KING CHAMBER OF COMMERCE last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of KING CHAMBER OF COMMERCE?
The 990-EZ for the year ended December 31, 2024 lists 18 people; 1 received compensation from the organization, the highest $40,040 (CATHY LOVEDAY, EXECUTIVE DI).
How much revenue does KING CHAMBER OF COMMERCE have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $105,993, expenses of $95,668 and total assets of $46,521 at year end.

Other nonprofits in KING

All nonprofits in KING · North Carolina