CABARRUS REGIONAL CHAMBER OF COMMERCE Charity Report

Public IRS 990 nonprofit record

CABARRUS REGIONAL CHAMBER OF COMMERCE

EIN 56-0501076 · Mutual & Membership Benefit (Y)

What they do

THE CHAMBER SERVES BUSINESSES IN CABARRUS COUNTY, NORTH CAROLINA and THE ENTIRE CHARLOTTE REGION AS A TRUSTED ADVOCATE, EXCELLENT RESOURCE and PROACTIVE CATALYST for QUALITY BUSINESS and COMMUNITY SERVICE. WE ACCOMPLISH THIS THROUGH PROGRAMS FOCUSED ON ADVOCACY, EVENTS, BUSINESS EDUCATIONAL OPPORTUNITIES, VISIBILITY and RELATIONSHIP BUILDING OPPORTUNITIES for OUR MEMBERS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $88.80 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 leaders26 people are listed in the latest report.

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

Money made simple

86.98%of revenue went to mission work88.8% of expenses · Program services

$97.93spent for every $100 of revenueRevenue covered expenses this year.

10.95%of revenue went to management and office costs11.2% of expenses

$0.78in assets for every $1 spent this yearSome assets cannot be spent right away.

0.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
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 $106,674 for BARBARA JONES (EXECUTIVE DIRECTOR). 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.

$100revenue

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$603,792

Mission workProgram services$525,19386.98% of revenue88.8% of expenses

ManagementOffice and general costs$66,11110.95% of revenue11.2% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$12,4882.07% of revenueShown in gray on the chart

Total expenses$591,30497.93% 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

2024CurrentExpense mix: 88.8% mission · 11.2% management · 0.0% fundraisingTotal expenses: 97.93% of revenue

2023Expense mix: 86.9% mission · 13.1% management · 0.0% fundraisingTotal expenses: 100.35% of revenue

2022Expense mix: 87.1% mission · 12.9% management · 0.0% fundraisingTotal expenses: 105.78% of revenue

2021Expense mix: 86.8% mission · 13.2% management · 0.0% fundraisingTotal expenses: 101.40% of revenue

2020Expense mix: 87.4% mission · 12.6% management · 0.0% fundraisingTotal expenses: 100.54% of revenue

2019Expense mix: 87.7% mission · 12.3% management · 0.0% fundraisingTotal expenses: 98.90% of revenue

2018Expense mix: 88.4% mission · 11.6% management · 0.0% fundraisingTotal expenses: 100.66% of revenue

2017Expense mix: 88.2% mission · 11.8% management · 0.0% fundraisingTotal expenses: 96.99% of revenue

Money in and money out

Revenue$603,792

Expenses$591,304

Annual surplus $12,488 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)$525,193 · 88.8% of expenses

Management and office costs$66,111 · 11.2% of expenses

See all reported dollar amounts

Revenue$603,792

Expenses$591,304

Assets$459,345

Income$603,792

Contributions$1,000

Mission work (program services)$525,193

Management and general$66,111

Accounting fees$27,600

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

BARBARA JONESEXECUTIVE DIRECTOR · 40 hrs/week $106,674Base $99,093 · Other $7,581

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 (26)

BARBARA JONESEXECUTIVE DIRECTOR

KEVIN GARAYDIRECTOR

WARD CHILDRESSPAST-CHAIR

TRI TANGCHAIR

TRACIE HAMPTONDIRECTOR

STEVE FISHERDIRECTOR

STACY GRIFFINDIRECTOR

ROY NIXONDIRECTOR

ROLANDA PATRICKDIRECTOR

PAGE CASTRODALEDIRECTOR

NATASHA LIPSCOMBDIRECTOR

MICHELE NICHOLSDIRECTOR

MATT LONGDIRECTOR

MARK SPITZERDIRECTOR

ALLEN DOBSONDIRECTOR

JUSTIN MOOREDIRECTOR

JOHN KOPICKIDIRECTOR

JOE CRAPSTERDIRECTOR

JIM CRADDOCKDIRECTOR

JAMES ROSSVICE CHAIR

GARRISON WHITEDIRECTOR

ELIZABETH MARTINEZDIRECTOR

DOUG ALVARENGADIRECTOR

DENISE HALLETTDIRECTOR

CHAD TARLTONDIRECTOR

ANGIE BROWNTREASURER

About this charity

Recognized since: January 1958
Location: 57 UNION STREET S, CONCORD, NC 28025-5264
County: Cabarrus
In care of: TRI TANG
Primary officer: TRI TANG, CHAIR

How to reach them

WebsiteVisit the charity’s website Phone(704) 782-4000

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: POTTER & COMPANY PA
NTEE classification: Mutual & Membership Benefit (Y)
IRS tax category: Mutual & Membership Benefit