Asheville Area Chamber Of Commerce Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 560125440 ✦ Asheville, NC ✦ Designated as a 501(c)(6)

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Overview

What is Asheville Area Chamber Of Commerce Inc?

Asheville Area Chamber of Commerce Inc is a dynamic nonprofit organization situated in Asheville, dedicated to driving commercial, industrial, and civic growth. By nurturing its member businesses, this institution serves as a powerful voice for the business community. Through various programs and initiatives, they stimulate job creation, advocate for business interests, and contribute to the overall prosperity of the local economy. Their mission is multifaceted, encompassing the advancement of commercial, industrial, and civic development, all while fostering a sense of community through these business endeavors.


Official website here: www.ashevillechamber.org

Is Asheville Area Chamber Of Commerce Inc legitimate?

Asheville Area Chamber Of Commerce Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Asheville Area Chamber Of Commerce Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $362,573
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,890,236

For more financial information, click here


Official website here: www.ashevillechamber.org

What is the mission statement of Asheville Area Chamber Of Commerce Inc?

The Asheville Area Chamber of Commerce Inc's mission is centered around promoting commercial, industrial, and civic development. They achieve this by fostering business growth, acting as a representative for businesses, and contributing to the overall prosperity of their member companies. The organization's activities are geared towards creating job opportunities and strengthening the business community, thereby contributing to overall community development.


Official website here: www.ashevillechamber.org

What is the revenue of Asheville Area Chamber Of Commerce Inc?

Asheville Area Chamber Of Commerce Inc's revenue in 2024 was $4,188,885.


Official website here: www.ashevillechamber.org

Who are the executives of Asheville Area Chamber Of Commerce Inc and what are their salaries?

The average compensation at Asheville Area Chamber Of Commerce Inc during 2024 was $57,764. There are 39 employees and 200 volunteers at Asheville Area Chamber Of Commerce Inc.

Here are 33 key members and their salaries:


Austin Walker (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jared Kay (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Robinson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn Cramer (President)
  • Compensation: $335,570
  • Related: $0
  • Other: $27,003
Kevin Hefner (1St Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sabrina Rockoff (2Nd Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terri King (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Patton Hornthal (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Teague (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon Bryant (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandy Mills (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Patrick (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Field (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Graham Fields (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Burnette (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Heather Johnson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Hackett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Hensley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Rash (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Loren Finnerty (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lucious Wilson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meghan Noel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Noel Swartz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Sossoman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russ Towers (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rusty Edwards (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Coffield (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Bugg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vanessa Salomo (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Hathaway (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Hower (Vp Of Finance And Operations)
  • Compensation: $102,878
  • Related: $0
  • Other: $17,229
Clark Duncan (Sr Vp Of Economic Development)
  • Compensation: $169,364
  • Related: $0
  • Other: $17,935
Leeanne Briggs (Vp Of Member Services)
  • Compensation: $135,361
  • Related: $0
  • Other: $9,568


Official website here: www.ashevillechamber.org

Where can I find the form 990 for Asheville Area Chamber Of Commerce Inc?

Asheville Area Chamber Of Commerce Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.ashevillechamber.org

Learn more at the official website: www.ashevillechamber.org

Mission Statement of Asheville Area Chamber Of Commerce Inc

The Asheville Area Chamber of Commerce Inc is dedicated to promoting commercial, industrial, and civic development while strengthening the community through its business members. Their mission involves fostering prosperity for its member businesses, serving as a voice for the business sector, and initiating programs and initiatives that generate job growth. By doing so, the Asheville Area Chamber of Commerce Inc contributes to the overall development and well-being of the business community it serves.

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Impact




October, 2024

The Asheville Area Chamber of Commerce Inc plays a vital role in enhancing the economic landscape of Asheville, North Carolina, by advancing commercial, industrial, and civic development. Through its various programs and initiatives, it contributes to job growth and creates a platform for local businesses to thrive. By serving as a voice for the business community, the Chamber not only advocates for members’ interests but also fosters a collaborative environment that builds a stronger community. The Chamber's commitment to community improvement and business prosperity helps to ensure a dynamic and sustainable local economy. Its efforts ultimately benefit both businesses and residents, paving the way for a prosperous future for Asheville and its surrounding areas.




This information is meant to be a general summary of Asheville Area Chamber Of Commerce Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$4,188,885 (2024)
Expenses
$4,260,694 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $51,190
  • Program Service Revenue: $2,125,104
  • Gross Receipts: $4,258,587

Assets and Liabilities:

  • Total Assets: $4,776,822
  • Total Liabilities: $1,105,592
  • Net Assets: $3,671,230

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Member Services Revenue

Revenue

$723,275

ECONOMIC DEVELOPMENT REVENUE

Revenue

$1,055,967

VISITOR CENTER REVENUE

Revenue

$246,864

PUBLIC POLICY REVENUE

Revenue

$89,891

AFFINITY PROGRAM

Revenue

$9,107

Organization Details

Founding Year

1909

Principal Officer

Jared Kay

NTEE Category

Code: S41 - Community improvement

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