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ASHEVILLE AREA CHAMBER OF COMMERCE COMMUNITY BETTERMENT FOUNDATION: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
ASHEVILLE AREA CHAMBER OF COMMERCE COMMUNITY BETTERMENT FOUNDATION (EIN 56-1762978)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-05-13
IRS object ID
202541339349309104
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-13T17:27:01+00:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN440160260PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Forvis Mazars LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1500 Ridgefield CourtAddressLine1Txt
CityAshevilleCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28806ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN561762978EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Asheville Area Chamber of Commerce Community Betterment FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlASHEBusinessNameControlTxt
Phone8282586119PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 1010AddressLine1Txt
CityAshevilleCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28802ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKathryn CramerPersonNm
Person TitleSecretaryPersonTitleTxt
Signature2025-05-13SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonAmy BibbyPreparerPersonNm
PTINP00445891PTIN
Phone8282542254PhoneNum
Preparation2025-04-10PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1Kathryn CramerBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO Box 1010AddressLine1Txt
CityAshevilleCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28802ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,312,143GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addressn/aWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1991FormationYr
Legal Domicile StateNCLegalDomicileStateCd
Activity Or MissionDEVELOP AND ACCELERATE GROWTH & EMPLOYMENT OPPORTUNITIES FOR THE COMMUNITY.ActivityOrMissionDesc
Voting Members Governing Body15VotingMembersGoverningBodyCnt
Voting Members Independent15VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$3,154,301PYContributionsGrantsAmt
CY Contributions Grants$979,030CYContributionsGrantsAmt
PY Program Service Revenue$573,857PYProgramServiceRevenueAmt
CY Program Service Revenue$30,092CYProgramServiceRevenueAmt
PY Investment Income$21,707PYInvestmentIncomeAmt
CY Investment Income$34,250CYInvestmentIncomeAmt
PY Other Revenue$32,499PYOtherRevenueAmt
CY Other Revenue$67,070CYOtherRevenueAmt
PY Total Revenue$3,782,364PYTotalRevenueAmt
CY Total Revenue$1,110,442CYTotalRevenueAmt
PY Grants And Similar Paid$491,147PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$749,435CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$4,991CYTotalFundraisingExpenseAmt
PY Other Expenses$3,522,576PYOtherExpensesAmt
CY Other Expenses$511,264CYOtherExpensesAmt
PY Total Expenses$4,013,723PYTotalExpensesAmt
CY Total Expenses$1,260,699CYTotalExpensesAmt
PY Revenues Less Expenses-$231,359PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$150,257CYRevenuesLessExpensesAmt
Total Assets BOY$2,151,279TotalAssetsBOYAmt
Total Assets EOY$1,855,987TotalAssetsEOYAmt
Total Liabilities BOY$1,027,221TotalLiabilitiesBOYAmt
Total Liabilities EOY$882,186TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,124,058NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$973,801NetAssetsOrFundBalancesEOYAmt
MissionDEVELOP AND ACCELERATE GROWTH & EMPLOYMENT OPPORTUNITIES FOR THE COMMUNITY.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$1,255,708ExpenseAmt
Grant$749,435GrantAmt
Revenue$30,092RevenueAmt
Desc1. FUNDED THE FOLLOWING ACTIVITY THROUGH THE ASHEVILLE AREA CHAMBER OF COMMERCE: 1) WORKFORCE PREPAREDNESS AND DEVELOPMENT, 2) ENTREPRENEUR AND STARTUP DEVELOPMENT, 3) RECRUITMENT OF NEW INDUSTRY, 4) EXPANSION OF EXISTING INDUSTRY, AND 5) SITE DEVELOPMENT. 2. USING FUNDING PROVIDED FROM BUNCOMBE COUNTY, OPERATED ACCELERATE BUNCOMBE, AN EFFORT TO CONNECT BUNCOMBE COUNTY RESIDENTS WITH PAID, ACCELERATED TRAININGS THAT PUT THEM ON TRACK TOWARD REWARDING CAREERS. PROVIDED PARTICIPANTS WITH AN EDUCATIONAL STIPEND OF $15 PER HOUR DURING TRAINING. PROVIDED COMMUNITY HEALTH WORKERS TO ASSIST PARTICIPANTS AND PAID TUITION FOR PARTICIPANTS. DURING THE PERIOD OF 7.1.23 - 6.30.24, 102 INDIVIDUALS WERE REACHED BY COMMUITY HEALTH WORKERS, 42 INDIVIDUALS ENROLLED IN TRAININGS, 41 INDIVIDUALS GRADUATED THEIR TRAININGS AND 17 INDIVIDUALS SECURED FULL-TIME EMPLOYMENT. 3. CELEBRATED THE 125TH-YEAR ANNIVERSARY OF THE ASHEVILLE AREA CHAMBER OF COMMERCE BY SELLING SPONSORSHIPS AND TICKETS FOR A FESTIVE EVENING EVENT AND AWARDING THIRTEEN $10,000 GRANTS TO LOCAL NON-PROFIT ORGANIZATIONS. THE THIRTEEN GRANT RECIPIENTS REPRESENT A DIVERSE RANGE OF CAUSES, EACH CONTRIBUTING TO THE ENRICHMENT OF ASHEVILLE'S COMMUNITY: ALL SOULS COUNSELING, APPALACHIAN SUSTAINABLE AGRICULTURE PROJECT, ASHEVILLE GREENWORKS, ASHEVILLE HABITAT FOR HUMANITY, ASHEVILLE MUSEUM OF SCIENCE, BLACK WALL STREET, BLUE RIDGE PUBLIC RADIO, BUNCOMBE COUNTY SCHOOLS FOUNDATION, EBLEN CHARITIES, MY DADDY TAUGHT ME THAT, OPENDOORS ASHEVILLE, WESTERN CAROLINA RESCUE MINISTRIES, YWCA OF ASHEVILLE. 4. IN COOPERATION WITH THE FOLK HERITAGE COMMITTEE, PROMOTED TRADITIONAL MOUNTAIN MUSIC AND DANCE THROUGH THE SHINDIG ON THE GREEN PERFORMANCES AND THE MOUNTAIN DANCE AND FOLK FESTIVAL. 5. PROVIDED 6 BUSINESSES OWNED BY PEOPLE OF COLOR ADVERTISING BENEFITS AND MEMBERSHIPS IN THE ASHEVILLE CHAMBER THROUGH THE PEOPLE'S COMMUNITY AND INCLUSION INITIATIVE.Desc
Total Program Service Expenses$1,255,708TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgYes (true)TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsYes (true)NondeductibleContributionsInd
Nondeductible Contri DisclYes (true)NondeductibleContriDisclInd
Quid Pro Quo ContributionsfalseQuidProQuoContributionsInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members15GoverningBodyVotingMembersCnt
Independent Voting Member15IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Layton HowerBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8282586119PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line136 Montford AvenueAddressLine1Txt
CityAshevilleCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28801ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt
Ben Hamrick
Treasurer1.0Yes (X)Yes (X)$0$0$0
John F A V Cecil
Chair1.0Yes (X)Yes (X)$0$0$0
Suzanne Deferie
Vice-Chair1.0Yes (X)Yes (X)$0$0$0
Austin Walker
Board Member1.0Yes (X)$0$0$0
Carolyn Coward
Board Member1.0Yes (X)$0$0$02.0
Dana Stonestreet
Board Member1.0Yes (X)$0$0$0
Himanshu Karvir
Board Member1.0Yes (X)$0$0$0
Janice Brumit
Board Member1.0Yes (X)$0$0$0
Kevin Hefner
Board Member1.0Yes (X)$0$0$0
Laura Webb
Board Member1.0Yes (X)$0$0$02.0
Robert Roberts
Board Member1.0Yes (X)$0$0$0
Terri King
Board Member1.0Yes (X)$0$0$0
Tracy Buchanan
Board Member1.0Yes (X)$0$0$0
W Louis Bissette
Board Member1.0Yes (X)$0$0$0
William A V Cecil
Board Member1.0Yes (X)$0$0$0
Kathryn Cramer
Secretary1.0Yes (X)$0$335,570$27,00340.0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$335,570TotReportableCompRltdOrgAmt
Total Other Compensation$27,003TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Related Organizations$46,780RelatedOrganizationsAmt
Government Grants$375,000GovernmentGrantsAmt
All Other Contributions$557,250AllOtherContributionsAmt
Total Contributions$979,030TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescFOLK HERITAGE COMMITTEE REVDesc
Business900099BusinessCd
Total Revenue Column$30,092TotalRevenueColumnAmt
Related Or Exempt Func Income$30,092RelatedOrExemptFuncIncomeAmt

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$30,092TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$34,250TotalRevenueColumnAmt
Exclusion$34,250ExclusionAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$0SecuritiesAmt
Other$0OtherAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$268,771FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$46,780ContriRptFundraisingEventAmt
Fundraising Direct Expenses$201,701FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$67,070TotalRevenueColumnAmt
Exclusion$67,070ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,110,442TotalRevenueColumnAmt
Related Or Exempt Func Income$30,092RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$101,320ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$749,435TotalAmt
Program Services$749,435ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtFundraisingFundraisingAmt
ACCELERATE BUNCOMBE COUNTY$440,116$440,116
FOLK HERITAGE COMMITTEE EXPENSES$66,157$66,157
MISCELLANEOUS EXPENSES$4,991$4,991

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,260,699TotalAmt
Program Services$1,255,708ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$4,991FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$108,338BOYAmt
EOY$211,011EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,036,230BOYAmt
EOY$927,601EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$971,477BOYAmt
EOY$702,452EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$165BOYAmt
EOY$11,493EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$3,430BOYAmt
EOY$3,430EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$5,327BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$0LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$0LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$26,312BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,151,279BOYAmt
EOY$1,855,987EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$2,461BOYAmt
EOY$179,734EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$971,476BOYAmt
EOY$702,452EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$53,284BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,027,221BOYAmt
EOY$882,186EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,124,058BOYAmt
EOY$973,801EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,124,058BOYAmt
EOY$973,801EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,151,279BOYAmt
EOY$1,855,987EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$150,257ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting OtherYes (X)MethodOfAccountingOtherInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$460,136CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,835,855CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,862,405CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,154,301CurrentTaxYearMinus1YearAmt
Current Tax Year$979,030CurrentTaxYearAmt
Total$15,291,727TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$460,136CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,835,855CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,862,405CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,154,301CurrentTaxYearMinus1YearAmt
Current Tax Year$979,030CurrentTaxYearAmt
Total$15,291,727TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$274,374SubstantialContributorsTotAmt
Public Support Total170$15,017,353PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,270CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,380CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,942CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$21,707CurrentTaxYearMinus1YearAmt
Current Tax Year$34,250CurrentTaxYearAmt
Total$63,549TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$15,355,276TotalSupportAmt
Gross Receipts Rltd Activities$3,024,467GrossReceiptsRltdActivitiesAmt
Public Support CY1700.9780PublicSupportCY170Pct
Public Support PY1700.9734PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDue to ChamberDesc
FieldValueIRS element (for citing)
Total Liability$0TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule D, Part X, Line 2 FIN 48 (ASC 740) footnoteFormAndLineReferenceDesc
ExplanationINCOME TAXES- THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE CHAMBER AND THE FOUNDATION ARE TAX-EXEMPT ORGANIZATIONS UNDER CODE SECTION(C)(6) AND 501(C)(3), RESPECTIVELY. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE COMBINED FINANCIAL STATEMENTS. THE CHAMBER AND FOUNDATION HAVE DETERMINED THAT THERE ARE NO MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF JUNE 30, 2024.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1125th Anniversary CelebrationEvent1Nm
Gross Receipts Event1$315,551GrossReceiptsEvent1Amt
Charitable Contri Event1$46,780CharitableContriEvent1Amt
Gross Revenue Event1$268,771GrossRevenueEvent1Amt
Other Direct Expenses Event1$201,701OtherDirectExpensesEvent1Amt
Gross Revenue Event2$0GrossRevenueEvent2Amt
Gross Revenue Other Events$0GrossRevenueOtherEventsAmt
Gross Receipts Total$315,551GrossReceiptsTotalAmt
Charitable Contributions Tot$46,780CharitableContributionsTotAmt
Gross Revenue Total Events$268,771GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$201,701OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$201,701DirectExpenseSummaryEventsAmt
Net Income Summary$67,070NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (15 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxtIRC SectionIRCSectionDesc
LoLo LLC
45 S French Broad Ave Ste 164AshevilleNC28801900981851$5,000"Best Startup to Work For" Award
OpenDoors Asheville
290 Haywood Rd Ste 204AshevilleNC28806271543937$10,000Operating Support for 13 local non-profit organizations501(c)(3)
Asheville Museum of Science
43 Patton AveAshevilleNC28801561342340$10,000Operating Support for 13 local non-profit organizations501(c)(3)
Black Wall Street AVL
346 Depot StAshevilleNC28801871330821$10,000Operating Support for 13 local non-profit organizations501(c)(3)
All Souls Counseling
35 Arlington StAshevilleNC28801562200862$10,000Operating Support for 13 local non-profit organizations501(c)(3)
Buncombe County Schools Foundation Inc
175 Bingham RoadAshevilleNC28806581685536$10,000Operating Support for 13 local non-profit organizations501(c)(3)
Asheville Greenworks
2 Sulphur Springs RoadAshevilleNC28806561672870$10,000Operating Support for 13 local non-profit organizations501(c)(3)
My Daddy Taught Me That
3 South Tunnel RoadAshevilleNC28805461815662$10,000Operating Support for 13 local non-profit organizations501(c)(3)
Western Carolina Rescue Ministries
PO Box 909AshevilleNC28802561249407$10,000Operating Support for 13 local non-profit organizations501(c)(3)
Eblen Charities Inc
50 Westgate ParkwayAshevilleNC28806561758077$10,000Operating Support for 13 local non-profit organizations501(c)(3)
YWCA of Asheville and WNC Inc
185 S French Broad AveAshevilleNC28801560547476$10,000Operating Support for 13 local non-profit organizations501(c)(3)
Blue Ridge Public Radio
73 BroadwayAshevilleNC28801581445328$10,000Operating Support for 13 local non-profit organizations501(c)(3)
Asheville Habitat for Humanity
33 Meadow RdAshevilleNC28803561363464$10,000Operating Support for 13 local non-profit organizations501(c)(3)
Appalachian Sustainable Agriculture Project
306 West Haywood StreetAshevilleNC28801061642769$10,000Operating Support for 13 local non-profit organizations501(c)(3)
Asheville Area Chamber of Commerce
36 Montford AveAshevilleNC28802560125440$614,435Economic Development Activity & PCI Fund501(c)(6)
FieldValueIRS element (for citing)
Total501c3 Org14Total501c3OrgCnt
Total Other Org1TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule I, Part I, Line 2 Procedures for monitoring use of grant funds.FormAndLineReferenceDesc
ExplanationSelection Process for 13 local non-profit grants: Non-profit organizations were invited to apply for these special grants earlier in the year. A committee of esteemed business leaders diligently reviewed applications, ultimately selecting 24 finalists. Recipients of the grants were then chosen through a combination of committee scoring and a public vote.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonKathryn CramerPersonNm
TitleSecretaryTitleTxt
Base Compensation Filing Org$0BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$285,500CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$44,070BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$6,000OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$18,857DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$0NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$8,146NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$0TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$362,573TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Line 18RECENT FILINGS OF THE FORM 990 ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICE. IN ADDITION, RECENT FILINGS OF THE FORM 990 ARE AVAILABLE ONLINE AT WWW.GUIDESTAR.ORG.
Form 990, Part VI, Line 11b Review of form 990 by governing bodyTHE FORM 990 WAS THEN PROVIDED TO THE VOTING BOARD MEMBERS VIA EMAIL PRIOR TO SUBMISSION.
Form 990, Part VI, Line 12c Conflict of interest policyBOARD MEMBERS SIGN A CONFLICT OF INTEREST POLICY AT THE START OF THEIR TERM. BOARD MEMBERS ARE RESPONSIBLE FOR MAKING CONFLICT OF INTERESTS KNOWN AND RECUSING THEMSELVES FROM ANY DISCUSSION AND/OR VOTE WHEN A POTENTIAL CONFLICT EXISTS.
Form 990, Part VI, Line 19 Required documents available to the publicTHE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FINANICAL STATEMENTS, AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST.
Form 990, Part XII, Line 1 Other Accounting MethodTHE CHAMBER UTILIZES A MODIFIED CASH BASIS OF ACCOUNTING. UNDER THIS METHOD, PLEDGED CONTRIBUTION REVENUE AND RELATED ASSETS ARE RECOGNIZED WHEN RECEIVED RATHER THAN WHEN EARNED. CERTAIN COMPENSATED ABSENCES ARE RECOGNIZED WHEN THE OBLIGATION IS EXPECTED TO BE LIQUIDATED WITH AVAILABLE FINANCIAL RESOURCES. ALL OTHER REVENUES AND EXPENSES ARE RECOGNIZED ON THE ACCRUAL BASIS OF ACCOUNTING.
Form 990, Part XII, Line 2c Change of oversight process or selection processThis process has not changed from the prior year.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1ASHEVILLE CHAMBER OF COMMERCE INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1010AddressLine1Txt
CityAshevilleCityNm
State AbbreviationNCStateAbbreviationCd
ZIP28802ZIPCd
FieldValueIRS element (for citing)
EIN560125440EIN
Primary ActivitiesCHAMBER OF COMMERCEPrimaryActivitiesTxt
Legal Domicile StateNCLegalDomicileStateCd
Exempt Code Section501(c)(6)ExemptCodeSectionTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1naBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (true)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd