Brunswick County Chamber of Commerce

EIN: 561181498

Shallotte, NC

Total Revenue
$348,321
Total Expenses
$333,036
Total Assets
$32,816
Net Assets
$31,362
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
NC
Phone
9107546644
Tax Period
2025-01-01 to 2025-12-31

Brunswick County Chamber of Commerce, founded in 1976, is a small nonprofit that reported $348K in total revenue in fiscal year 2025. Expenses of $333K left a modest 4% surplus.

Mission

TO PROMOTE TOURISM AND LOCAL BUSINESSES IN BRUNSWICK COUNTY, NORTH CAROLINA

Program Service Accomplishments

Program 1
Expenses: $15,256 Revenue: $25,981

WOMEN IN BUSINESS EVENT EMPOWERING, EDUCATING, AND ENTERTAINING EMERGING AND ESTABLISHED WOMEN IN THE WORKPLACE

Program 2
Expenses: $98 Revenue: $5,615

BRUNSWICK BUSINESS EXPO, WEEKEND-LONG EVENT, OPEN TO THE GENERAL PUBLIC. BUSINESSES BUY A SPACE TO COME IN AND ADVERTISE THEIR PRODUCTS AND SERVICES IN PERSON. OPPORTUNITIES FOR BUSINESSES TO PROMOTE...

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BRUNSWICK BUSINESS EXPO, WEEKEND-LONG EVENT, OPEN TO THE GENERAL PUBLIC. BUSINESSES BUY A SPACE TO COME IN AND ADVERTISE THEIR PRODUCTS AND SERVICES IN PERSON. OPPORTUNITIES FOR BUSINESSES TO PROMOTE WITHIN THE LOCAL COMMUNITY.

Program 3
Revenue: $3,000

ADVERTISING FOR MEMBERS ON CHAMBER BANNER AND SIGNAGE

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $172,157
Program Service Revenue $37,972
Investment Income $2
Other Revenue $138,190
TOTAL REVENUE $348,321

Expense Breakdown

Grants Paid $0
Salaries & Benefits $188,683
Fundraising Expenses $0
Program Expenses $15,354
Other Expenses $137,679
TOTAL EXPENSES $333,036

Year-over-Year Comparison

2025 2024 Change
Revenue $348,321 $335,725 +0.0%
Expenses $333,036 $380,479 -0.1%
Net Income $15,285 $-44,754 -1.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
18
Independent Members
18
Employees
4
Volunteers
57

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSAN FREEMAN EXECUTIVE DIRECTOR 40.00
Highest
$51,719 $0 $51,719
MELONY RICE CHAIR 1.00
Officer
$0 $0 $0
JAY MCROBERTS VICE CHAIR 1.00
Officer
$0 $0 $0
MARCELL HATTEN BOARD MEMBER 0.50
Director
$0 $0 $0
ALLISON SZAFARSKI BOARD MEMBER 0.50
Director
$0 $0 $0
SUZANNE LEWIS BOARD MEMBER 0.50
Director
$0 $0 $0
MICHAEL MAHONEY TREASURER 1.00
Officer
$0 $0 $0
JILL LAWRENCE BOARD MEMBER 0.50
Director
$0 $0 $0
JESSICA GALLANT INCOMING VICE CHAIR 0.50
Director
$0 $0 $0
SHIRLEY JOHNSON BOARD MEMBER 0.50
Director
$0 $0 $0
JIM FISH BOARD MEMBER 0.50
Director
$0 $0 $0
RHONDA KITCHEN BOARD MEMBER 0.50
Director
$0 $0 $0
BETTINA DAVIS BOARD MEMBER 0.50
Director
$0 $0 $0
DANIEL RICHARDSON BOARD MEMBER 0.50
Director
$0 $0 $0
RONELL THOMPSON BOARD MEMBER 0.50
Director
$0 $0 $0
LAURIE GRISWELL BOARD MEMBER 0.50
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $348,321 $333,036 $32,816 $15,285
2024 No data No data No data No data
2023 $336,486 $497,414 $65,587 $-160,928
2022 $291,477 $343,909 $130,376 $-52,432
2021 $280,808 $248,544 $210,800 $32,264
2020 $225,669 $208,499 $150,738 $17,170
2018 $242,402 $282,754 $134,294 $-40,352
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