Powered by CharityEZ

Charity report ready

BUSINESS HIGH POINT INC D/B/A HIGH POINT CHAMBER OF COMMERCE

We found this organization. Review its mission, finances, leadership, and ways to help below.

Back to search results

This report opened in a new tab, so your results are still waiting for you.

Public IRS 990 nonprofit record

BUSINESS HIGH POINT INC D/B/A HIGH POINT CHAMBER OF COMMERCE

EIN 56-0473292 · Mutual & Membership Benefit (Y)

What they do

THE MISSION of BUSINESS HIGH POINT, INC. is to BE THE CHAMPION of FREE ENTERPRISE for HIGH POINT and THE TRIAD REGION. THE CHAMBER WANTS to ASSIST ALL of OUR MEMBERS and THE COMMUNITY AT LARGE to PROSPER and ADVANCE BY PROVIDING SERVICE to SUPPORT and FOSTER AN ENVIRONMENT IN WHICH THE COMMUNITY CAN THRIVE. THE CHAMBER STRIVES to CONTINUOUSLY BE INFORMED and KEEP MEMBERS INFORMED of THE ISSUES THAT EFFECT BUSINESS TODAY. THE CHAMBER OFFERS ACCESS to EXPERT ADVICE THROUGH FORUMS and SEMINARS, AS WELL AS ASSISTANCE CONNECTING MEMBERS to EXPERTS THROUGH OUR MEMBERSHIP NETWORK.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $100.00 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 leaders36 people are listed in the latest report.

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

Money made simple

28.03%of revenue went to mission work100.0% of expenses · Program services
$108.17spent for every $100 of revenueSpending was higher than revenue this year.
$2.42in assets for every $1 spent this yearSome assets cannot be spent right away.
32.2%of its money came from giftsOther money may come from services or investments.

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.

Worth asking: Expenses exceeded revenue by $131,767 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $180,698 for RACHEL COLLINS (PRESIDENT & CEO). 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$5,247,992
Mission workProgram services$1,470,78628.03% of revenue100.0% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$3,777,20671.97% of revenueShown in gray on the chart
Total expenses$1,470,78628.03% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

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
2022CurrentExpense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 28.03% of revenue
2021Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 121.04% of revenue
2020Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 110.12% of revenue
2019Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 120.57% of revenue
2018Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 111.30% of revenue
2017Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 126.08% of revenue
2016Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 121.09% of revenue

Money in and money out

Revenue$1,613,170
Expenses$1,744,937
Annual shortfall $131,767 Expenses were higher than revenue 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)$1,470,786 · 84.3% of expenses
See all reported dollar amounts
Revenue$1,613,170
Expenses$1,744,937
Assets$4,220,945
Income$1,613,170
Contributions$519,338
Mission work (program services)$1,470,786
Accounting fees$45,788
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
RACHEL COLLINSPRESIDENT & CEO · 40 hrs/week $180,698Base $169,950 · Other $10,748

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 (36)

RACHEL COLLINSPRESIDENT & CEO

MEGAN OLGESBYDIRECTOR

IV CULPDIRECTOR

JIM HOEKSRADIRECTOR

JULIE MESSNERDIRECTOR

LENNY PETERSDIRECTOR

MARK NORCROSSDIRECTOR

MARK PRINCEDIRECTOR

MATT THIELDIRECTOR

MAURICE HULLCHAIRMAN-ELECT, DIRECTOR

GREG YORKCHAIRMAN, DIRECTOR

MELODY BURNETTDIRECTOR

MICHAEL QUBEINDIRECTOR

ROBERT ROGERSDIRECTOR

SCOTT TILLEYDIRECTOR

TAMMY NAGEMDIRECTOR

WHITNEY OAKLEYDIRECTOR

ZACH NICHLOASDIRECTOR

CYRIL JEFFERSONDIRECTOR

ALEX MOOREDIRECTOR

AMY SMITHDIRECTOR

ANTHONY CLARKEDIRECTOR

ASHLEY DAVIS WILLIAMDIRECTOR

CHAD FRYEDIRECTOR

CHRIS BRYANDIRECTOR

CHRIS DUNBARDIRECTOR

CHRISTI BARBOURDIRECTOR

ALAN SCHEPPMANNDIRECTOR

DARLENE LEONARDTREASURER/DIRECTOR

DAVID CONGDONDIRECTOR

DAVID MILLERDIRECTOR

DAVID RAMSEYSECRETARY, DIRECTOR

DENO ADKINSDIRECTOR

DR JIM HOESTRADIRECTOR

EARL CONGDONDIRECTOR

FRANK THOMASDIRECTOR

About this charity

Recognized since
January 1944
Location
400 W ENGLISH RD SUITE 201, HIGH POINT, NC 27262-4814
County
Guilford
In care of
% JUDITH P MENDENHALL
Primary officer
RACHEL COLLINS, CEO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
WILLIAMS OVERMAN PIERCE LLP
NTEE classification
Mutual & Membership Benefit (Y)
IRS tax category
Mutual & Membership Benefit

Thanks for caring! Learning about a charity is a great first step toward giving back.

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

Close & return to results
Want to go deeper?

Full charity research is waiting at CharityEZ

Explore complete charity searches, information, reports, and research tools.

For Full Charity Searches and Information — Try CharityEZ
Are you this charity?Keep your current needs updated free with CharityEZ.
Post your needs free