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ROCKY MOUNT AREA CHAMBER OF COMMERCE INC

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Public IRS 990 nonprofit record

ROCKY MOUNT AREA CHAMBER OF COMMERCE INC

EIN 56-0380635 · Education (B)

What they do

PROMOTE ECONOMIC DEVELOPMENT and RECRUITMENT IN THE SURROUNDING COMMUNITY.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $80.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders32 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

82.26%of revenue went to mission work80.0% of expenses · Program services
$80.15spent for every $100 of revenueRevenue covered expenses this year.
20.56%of revenue went to management and office costs20.0% of expenses
$0.60in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $109,166 for DAVID FARRIS (PRESIDENT/SE). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$817,159
Mission workProgram services$672,17382.26% of revenue80.0% of expenses
ManagementOffice and general costs$167,98520.56% of revenue20.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$840,158102.81% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 80.0% mission · 20.0% management · 0.0% fundraisingTotal expenses: 102.81% of revenue
2023Expense mix: 80.3% mission · 19.7% management · 0.0% fundraisingTotal expenses: 93.11% of revenue
2022Expense mix: 79.5% mission · 20.5% management · 0.0% fundraisingTotal expenses: 87.82% of revenue
2021Expense mix: 76.0% mission · 24.0% management · 0.0% fundraisingTotal expenses: 88.39% of revenue
2020Expense mix: 74.6% mission · 25.4% management · 0.0% fundraisingTotal expenses: 75.84% of revenue
2019Expense mix: 77.3% mission · 22.7% management · 0.0% fundraisingTotal expenses: 91.78% of revenue
2018Expense mix: 73.7% mission · 0.0% management · 0.0% fundraisingTotal expenses: 96.22% of revenue
2017Expense mix: 72.8% mission · 27.2% management · 0.0% fundraisingTotal expenses: 100.93% of revenue

Money in and money out

Revenue$1,048,212
Expenses$840,158
Annual surplus $208,054 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$672,173 · 80.0% of expenses
Management and office costs$167,985 · 20.0% of expenses
See all reported dollar amounts
Revenue$1,048,212
Expenses$840,158
Assets$506,606
Income$1,048,212
Mission work (program services)$672,173
Management and general$167,985
Accounting fees$104,962
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
DAVID FARRISPRESIDENT/SE · 40 hrs/week $109,166

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (32)

DAVID FARRISPRESIDENT/SE

NINA WHITEMEMBER

ERIN GALLIMMEDIATE PA

EVAN COVINGTON-CHAVEZVICE-CHAIR

GUSTY COATSMEMBER

JET HATUMEMBER

KIMBERLY HICKERSONMEMBER

LUCAS BAYLESSMEMBER

MELVIN MITCHELLMEMBER

ERIC EVANSMEMBER

REV JAMES GAILLIARDCHAIR ELECT

ROBERT PIKEMEMBER

STACIE SHATZERMEMBER

STEVE PINKSTONVICE-CHAIR

SUSAN PHELPSMEMBER

THOMAS MCDOWELLMEMBER

WILL NOBLEMEMBER

ADAM HODGESCHAIR OF THE

ELTON DANIELSMEMBER

DR LEW HUNNICUTTMEMBER

DR LEE ISLEYMEMBER

DR EVAN DUFFMEMBER

DIANNA CLARKTREASURER

DENNY DONALDSONMEMBER

DANIEL HOWERTONMEMBER

CHRIS DWIGHTMEMBER

BUNN BODDIEMEMBER

BRIAN WESTMEMBER

BETH TOWNSENDMEMBER

BENTON MOSSVICE-CHAIR

BEN BRADDOCKMEMBER

ASHLEY PITTMANMEMBER

About this charity

Recognized since
January 1952
Location
100 COASTLINE ST STE 200, ROCKY MOUNT, NC 27804-5849
County
Nash
In care of
DAVID FARRIS
Primary officer
DAVID FARRIS, PRESIDENT/SECRETARY

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
PATE HORTON & ESS PA
NTEE classification
Education (B)
IRS tax category
Education

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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