New Bern-area Chamber of Commerce
501(c)(6)
Only null% goes to programs Growing revenue
New Bern-area Chamber of Commerce is a 501(c)(6) organization based in New Bern, North Carolina, registered in 1945, with $480,247 in FY2024 revenue. CharityIndex grades it C+.
Po Box C, New Bern, NC, 28563 EIN 56-0474614 Since 1945
Revenue (FY2024)
$480K
▲ 3.9% vs prior year
Expenses (FY2024)
$538K
Net assets
$231K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for New Bern-area Chamber of Commerce— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating5 mo reserves · -12% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For New Bern-area Chamber of Commerce: 5 mo reserves · -12% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for New Bern-area Chamber of Commerce— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For New Bern-area Chamber of Commerce: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box C, New Bern, NC, 28563
- City
- New Bern
- State
- North Carolina
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue declined from $516K (FY2015) to $480K (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $482KNet assets $231K
Operating margin
-12.0%
Spent more than it raised in the latest fiscal year.
Total assets
$712K
Total liabilities
$482K
Net assets
$231K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $480,247▲3.9% | $538,070▲16.3% | $230,591▼21.1% | $712,483▼3.3% | 990 |
| 2022 | $462,301▼10.0% | $462,704▲5.2% | $292,123▼0.1% | $736,534▼1.5% | 990 |
| 2021 | $513,509▲32.2% | $439,859▲1.1% | $292,523▲34.7% | $747,979▲15.4% | 990 |
| 2020 | $388,506▼26.4% | $435,192▼21.5% | $217,187▼21.6% | $648,003▼36.8% | 990 |
| 2019 | $527,681▲9.5% | $554,073▲4.3% | $276,858▼8.7% | $1,025,240▲21.5% | 990 |
| 2018 | $482,111▼1.1% | $531,014▲1.7% | $303,250▼13.9% | $843,483▲45.7% | 990 |
| 2017 | $487,604▼3.0% | $522,065▲3.0% | $352,153▼8.9% | $579,034▼6.7% | 990 |
| 2016 | $502,888▼2.6% | $506,625▲2.9% | $386,614▼1.0% | $620,651▼1.4% | 990 |
| 2015 | $516,200 | $492,110 | $390,351 | $629,701 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is New Bern-area Chamber of Commerce a legitimate nonprofit?
- Yes. New Bern-area Chamber of Commerce is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 56-0474614, based in New Bern, North Carolina.
- What is New Bern-area Chamber of Commerce's EIN?
- New Bern-area Chamber of Commerce's Employer Identification Number (EIN) is 56-0474614.
- How much revenue does New Bern-area Chamber of Commerce report?
- New Bern-area Chamber of Commerce reported $480,247 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does New Bern-area Chamber of Commerce have?
- CharityIndex grades New Bern-area Chamber of Commerce C+, based on financial health (reserves and operating margin).
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Data for New Bern-area Chamber of Commerce (EIN 56-0474614) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.