ALAMANCE COUNTY AREA CHAMBER OF COMMERCE: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- ALAMANCE COUNTY AREA CHAMBER OF COMMERCE (EIN 56-0156970)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-03-25
- IRS object ID
- 201100849349300405
- Schema version
- 2010v3.2
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-03-25T11:47:37-05:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GILLIAM COBLE & MOSER LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 621 | AddressLine1 |
| City | BURLINGTON | City |
| State | NC | State |
| ZIP Code | 272160621 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 560156970 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALAMANCE COUNTY AREA CHAMBER OF COMMERCE INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ALAM | NameControl |
| Phone | 3362281338 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | POST OFFICE BOX 450 | AddressLine1 |
| City | BURLINGTON | City |
| State | NC | State |
| ZIP Code | 27216 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MAC WILLIAMS | Name |
| Title | PRESIDENT | Title |
| Phone | 3362281338 | Phone |
| Date Signed | 2011-03-16 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | S KEITH PLEASANT | Name |
| Phone | 3362276283 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | MAC WILLIAMS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 450 | AddressLine1 |
| City | BURLINGTON | City |
| State | NC | State |
| ZIP Code | 27216 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 1058712 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.ALAMANCECHAMBER.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1914 | YearFormation |
| State Legal Domicile | NC | StateLegalDomicile |
| Activity Or Mission Description | TO PROMOTE ECONOMIC DEVELOPMENT IN ALAMANCE COUNTY | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 26 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 25 | NbrIndependentVotingMembers |
| Total Nbr Employees | 13 | TotalNbrEmployees |
| Total Nbr Volunteers | 100 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 19500 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 17500 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 891701 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 922882 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 6186 | InvestmentIncomePriorYear |
| Investment Income Current Year | 5899 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 111358 | OtherRevenuePriorYear |
| Other Revenue Current Year | 112431 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 1028745 | TotalRevenuePriorYear |
| Total Revenue Current Year | 1058712 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 16427 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 544450 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 542917 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 518855 | OtherExpensePriorYear |
| Other Expenses Current Year | 536578 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 1063305 | TotalExpensesPriorYear |
| Total Expenses Current Year | 1095922 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -34560 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -37210 | RevenuesLessExpensesCY |
| Total Assets BOY | 614842 | TotalAssetsBOY |
| Total Assets EOY | 575532 | TotalAssetsEOY |
| Total Liabilities BOY | 769 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 75 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 614073 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 575457 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE MISSION OF THE ALAMANCE COUNTY AREA CHAMBER OF COMMERCE IS TO ENHANCE THE WELFARE OF BUSINESS AND TO PROMOTE AND STIMULATE ECONOMIC VITALITY IN THE ALAMANCE COUNTY AREA FOR THE BENEFIT OF ITS MEMBERS AND THE COMMUNITY. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | DEVELOPMENT OF A HEALTHY ECONOMIC CLIMATE THROUGH MEMBER RELATIONS; ECONOMIC DEVELOPMENT THROUGH WORKSHOPS, SEMINARS, AND TOURS. ATTRACT BUSINESS TO ALAMANCE COUNTY. | Description |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 1 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 13 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 26 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 25 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | NC | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MAC WILLIAMS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3362281338 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 450 | AddressLine1 |
| City | BURLINGTON | City |
| State | NC | State |
| ZIP Code | 272160450 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (27 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|
| DR DAVID JOHNSON | ||||||||
| PAST CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 | ||
| BILL GOMORY | ||||||||
| CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 | ||
| MITCH KING | ||||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 | ||
| MAC WILLIAMS | ||||||||
| PRESIDENT | 40.00 | X | X | 122804 | 0 | 0 | X | |
| KAREN CARROUTH | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| JOHN CURRIN | ||||||||
| CHAIR-ELECT | 1.00 | X | X | 0 | 0 | 0 | ||
| CHARLIE HARRIS | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| JULIE ISLEY | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| DALE PAGE | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| SUZANNE PHILLIPS | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| RONALD ROGERS | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| CARL WALLACE | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| WALTER BRITT | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| RANDY COX | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| PAM DUFFY | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| DR MARY GOWAN | ||||||||
| VICE CHARIMAN | 1.00 | X | X | 0 | 0 | 0 | ||
| BOB LEWIS | ||||||||
| VICE CHARIMAN | 1.00 | X | X | 0 | 0 | 0 | ||
| RANDY PERKINS | ||||||||
| VICE CHARIMAN | 1.00 | X | X | 0 | 0 | 0 | ||
| KEITH STRICKLAND | ||||||||
| VICE CHARIMAN | 1.00 | X | X | 0 | 0 | 0 | ||
| MILELE ARCHIBALD | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| SUSAN EZEKIEL | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| BRAD HAYES | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| ERIC HENRY | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| CINDY MONTGOMERY | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| DR SAM POWELL | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| KELLY SHIRLEY | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| WILLIAM SONNY C WILBURN | ||||||||
| FORMER OFFICER | 0.00 | 0 | 0 | 0 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 122804 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| All Other Contributions | 17500 | AllOtherContributions |
| Total Contributions | 17500 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| FEES AND CONTRACTS | 561439 | 502347 | 502347 |
| MEMBERSHIP DUES | 561439 | 224094 | 224094 |
| PROGRAMS & PROJECTS | 561439 | 196441 | 196441 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 922882 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5899 | TotalRevenueColumn |
| Exclusion | $5,899 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| REIMB FROM ALAM CTY | 561439 | 101525 | 101525 |
| SALE OF PUBLICATIONS | 561439 | 10906 | 10906 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 112431 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1058712 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1035313 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $5,899 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16427 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 122804 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 352544 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29261 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38308 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6867 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 79706 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 64208 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22242 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25634 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19857 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25521 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 103255 | Total |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| PROGRAMS AND PROJECTS | 112837 |
| EQUIPMENT RENTAL & MAIN | 34667 |
| ORGANIZATION DUES | 22103 |
| MISC & LONGEVITY FUND | 13281 |
| CVB EXPENSE | 6400 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1095922 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 60 | BOY |
| EOY | 63 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 385280 | BOY |
| EOY | 357715 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 703412 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 485658 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 229020 | BOY |
| EOY | 217754 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 482 | BOY |
| EOY | 0 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 614842 | BOY |
| EOY | 575532 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 769 | BOY |
| EOY | 75 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 769 | BOY |
| EOY | 75 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 614073 | BOY |
| EOY | 575457 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 614073 | BOY |
| EOY | 575457 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 614842 | BOY |
| EOY | 575532 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -37210 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -1406 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Other | X | MethodOfAccountingOther |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nondeduct | 0 | SubstantiallyAllDuesNondeduct |
| Only In House Lobbying | 1 | OnlyInHouseLobbying |
| Agree To Carryover Prior Year | 0 | AgreeToCarryoverPriorYear |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 39941 | OtherCostOrOtherBasis |
| Book Value | 39941 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 489798 | OtherCostOrOtherBasis |
| Depreciation | 334131 | Depreciation |
| Book Value | 155667 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 15020 | OtherCostOrOtherBasis |
| Depreciation | 15020 | Depreciation |
| Book Value | 0 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 158653 | OtherCostOrOtherBasis |
| Depreciation | 136507 | Depreciation |
| Book Value | 22146 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 217754 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | EMPLOYEE CHRISTMAS SAVINGS | Description |
| Amount | $75 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 75 | TotalOfAmounts |
| Total Revenue | 1058712 | TotalRevenue |
| Total Expenses | 1095922 | TotalExpenses |
| Excess Or Deficit For Year | -37210 | ExcessOrDeficitForYear |
| Other | -$1,406 | OtherAmount |
| Total Adjustments | -1406 | TotalAdjustments |
| Excess Or Deficit Per FS | -38616 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 1058712 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 1058712 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 1058712 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 1097328 | TotExpensesEtcAuditedFinclStmt |
| Losses Reported | 1406 | LossesReported |
| Expenses Not Rptd F990 | 1406 | ExpensesNotRptdF990 |
| Expenses Subtotal | 1095922 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 1095922 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART XI, LINE 8 - OTHER ADJUSTMENTS: | Identifier |
| Explanation | LOSS ON DISPOSAL OF FIXED ASSETS -1,406. | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 0 | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHILDREN'S MUSEUM OF ALAMANCE COUNTY INC | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1178 | AddressLine1 |
| City | GRAHAM | City |
| State | NC | State |
| ZIP Code | 27253 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 421740709 | EINOfRecipient |
| IRC Section | 501C3 | IRCSection |
| Amount Of Cash Grant | 10000 | AmountOfCashGrant |
| Method Of Valuation | FMV | MethodOfValuation |
| Purpose Of Grant | DONATION | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE PRESIDENT OF THE CHAMBER, MAC WILLIAMS, HAS APPROVED THE FORM 990 PRIOR TO FILING THE RETURN WITH THE IRS. THE CURRENT TREASURER, MITCH KING, WILL REPORT TO THE BOARD AT THEIR MONTHLY MEETING IN FEBRUARY THAT THE FORM 990 IS READY FOR FILING AND IF ANYONE HAS ANY QUESTIONS, THEY WILL BE ADDRESSED AT THIS BOARD MEETING. THE BOARD WILL THEN APPROVE THE FORM 990 PRIOR TO FILING WITH THE IRS. | |
| EACH EMPLOYEE IS REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY DOCUMENT ANNUALLY. | FORM 990, PART VI, SECTION B, LINE 12C | |
| A SEARCH COMMITTEE WAS APPOINTED BY THE BOARD OF DIRECTORS IN 2005. THE COMMITTEE NEGOTIATED THE CEO'S CONTRACT AND IT WAS APPROVED BY THE BOARD OF DIRECTORS. THE CONTRACT IS REVIEWED ANNUALLY. | FORM 990, PART VI, SECTION B, LINE 15A | |
| ALL GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | LOSS ON DISPOSAL OF FIXED ASSETS -1,406. TOTAL TO FORM 990, PART XI, LINE 5: -1,406. | FORM 990, PART XI, LINE 5: |
| THE ORGANIZATION USES THE CASH METHOD OF ACCOUNTING WITH DEPRECIATION. | FORM 990, PART XI, LINE 1: | |
| NO CHANGES HAVE BEEN MADE TO THE WAY THE ORGANIZATION OVERSEES THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT. | FORM 990, PART XI, LINE 2C: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALAMANCE COUNTY ECONOMIC DEVELOPMENT FOUNDATION | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 450 | AddressLine1 |
| City | BURLINGTON | City |
| State | NC | State |
| ZIP Code | 27216 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 202384314 | EIN |
| Primary Activities | SEEKING TO INCREASE JOBS AND NEW INVESTMENT IN THE ALAMANCE COUNTY AREA. | PrimaryActivities |
| Legal Domicile State | NC | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | 509(A)(2) | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALAMANCE COUNTY AREA CHAMBER OF COMMERCE INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 1 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ALAMANCE COUNTY ECONOMIC DEVELOPMENT FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | P | TransactionType |
| Amount Involved | 101525 | AmountInvolved |
| Method Of Amt Determination | CASH VALUE | MethodOfAmtDetermination |