Nonprofit · EIN 58-1321573
HIGH POINT CHAMBER FOUNDATION INC
Tax-exempt · HIGH POINT, NC 27262
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,753,432 | $2,110,252 | -$356,820 | $9,089,734 | $3,698,421 | $5,391,313 |
| December 31, 2023 | 990 (amended) | $1,453,827 | $2,188,234 | -$734,407 | $9,605,202 | $3,825,313 | $5,779,889 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $508,259
- Program service revenue
- $0
- Investment income
- $56,074
- Net rental income
- $1,187,109
- Other revenue
- $1,189,099
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $537,963
- Salaries, compensation and benefits (total)
- $596,947
- Professional fundraising fees
- $0
- Legal fees
- $7,755
- Accounting fees
- $31,835
- Occupancy
- $60,000
- Depreciation
- $245,837
- Program services (functional)
- $2,110,252
Balance sheet and other
- Total assets, start of year
- $9,605,202
- Total assets, end of year
- $9,089,734
- Total liabilities, end of year
- $3,698,421
- Net assets, end of year
- $5,391,313
- Land, buildings and equipment
- $4,829,760
- Net assets without donor restrictions
- $854,957
- Net assets with donor restrictions
- $4,536,356
- Gross receipts
- $2,626,994
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1977
- 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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RACHEL COLLINS | CEO, SECRETARY Trustee or director, Officer | 40 | $0 | $169,950 | $10,748 |
| ALEX MOORE | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DARLENE LEONARD | TREASURER Trustee or director, Officer | 2 | $0 | $0 | $0 |
| MEGAN OGLESBY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| GREG YORK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| FRANK THOMAS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RACHEL COLLINS | CEO Trustee or director, Officer | 1 | $0 | $173,167 | $10,271 |
| FRANK THOMAS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| DARLENE LEONARD | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ALEX MOORE | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MEGAN OGLESBY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| GREG YORK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 5025, HIGH POINT, NC 27262-5025
- Principal officer (990 for 2024)
- RACHEL COLLINS, PO BOX 5025, HIGH POINT, NC 27262
- Signed the 990
- RACHEL COLLINS, CEO
- Phone
- (336) 882-5000
- Return prepared by
- WILLIAMS OVERMAN PIERCE LLP
Mission
(1) TO PROMOTE THE ADVANCEMENT AND DISSEMINATION OF KNOWLEDGE AND UNDERSTANDING IN ECONOMICS, FINANCE, EDUCATION & TRAINING, SCIENCE, AND TECHNOLOGY THROUGHOUT THE COMMUNITY OF HIGH POINT, NORTH CAROLINA AND ITS REGION WITH REGARD TO SOLVING COMMUNITY PROBLEMS AND EXPLORING ECONOMIC OPPORTUNITIES.(2) TO COMBAT COMMUNITY DETERIORATION AND PROMOTE THE DEVELOPMENT OF A BROADLY-BASED ECONOMY IN HIGH POINT, NORTH CAROLINA AND ITS REGION.(3) TO ENGAGE IN OTHER CHARITABLE, EDUCATIONAL AND SCIENTIFIC ACTIVITIES FOR THE BENEFIT OF HIGH POINT, NORTH CAROLINA AND ITS REGION.
Program accomplishments
- THE HIGH POINT CHAMBER FOUNDATION IS HOST TO MEETINGS FOR VARIOUS CIVIC ORGANIATIONS IN HIGH POINT. THE CIVIC ORGANIZATIONS WHO HAVE THESE MEETINGS AT THE CHAMBER HAVE A PURPOSE CONSISTENT WITH THE HIGH POINT CHAMBER FOUNDATION'S MISSION. IN 2018, THE FOUNDATION ALSO BEGAN DEVELOPING A FACILITY TO BE USED FOR BUSINESS DEVELOPMENT AND ECONOMIC STIMULATION OF THE DOWNTOWN CORE AREA OF HIGH POINT.Expenses $2,110,252
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
- 58-1321573
- 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
- 2004
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $9,089,734
- Income (IRS master file)
- $2,626,994
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,753,432 | $2,110,252 | $9,089,734 | IRS |
| 990 | December 2023 | $1,972,938 | $2,188,234 | $10,099,375 | XML |
| 990 | December 2022 | $2,874,139 | $2,667,767 | $10,130,151 | IRS |
| 990 | December 2021 | $3,871,745 | $1,615,081 | $11,504,625 | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 58-1321573).
Questions about HIGH POINT CHAMBER FOUNDATION INC
- What is the EIN of HIGH POINT CHAMBER FOUNDATION INC?
- The employer identification number (EIN) of HIGH POINT CHAMBER FOUNDATION INC is 58-1321573.
- Is HIGH POINT CHAMBER FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to HIGH POINT CHAMBER FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HIGH POINT CHAMBER FOUNDATION 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 HIGH POINT CHAMBER FOUNDATION 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 HIGH POINT CHAMBER FOUNDATION 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 HIGH POINT CHAMBER FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names RACHEL COLLINS.
- Who are the officers and directors of HIGH POINT CHAMBER FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does HIGH POINT CHAMBER FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,753,432, expenses of $2,110,252 and total assets of $9,089,734 at year end.
Other nonprofits in HIGH POINT
- HIGH POINT COMMUNITY FOUNDATION EIN 56-1695787 · last filed 990 for 2025
- EARL AND KATHRYN CONGDON FAMILY FOUNDATION EIN 47-2962822 · last filed 990-PF for 2024
- R B TERRY CHARITABLE FOUNDATION INC EIN 56-2066238 · last filed 990-PF for 2024
- UNITED WAY OF GREATER HIGH POINT INC EIN 56-0547486 · last filed 990 for 2025
- HIGH POINT DOWNTOWN STADIUM FOUNDATION EIN 82-4227658 · last filed 990 for 2024
- TRENT RAGLAND JR TRUST EIN 56-6035980 · last filed 990-PF for 2025
- THE WILSON FAMILY FOUNDATION EIN 56-2042058 · last filed 990-PF for 2025
- MEREDITH SLANE FINCH MICHENER FOUNDATION INC EIN 83-1392394 · last filed 990-PF for 2025
All nonprofits in HIGH POINT · North Carolina · Philanthropy, voluntarism and grantmaking foundations