North Carolina · Nonprofit
BOONE AREA CHAMBER OF COMMERCE ECONOMIC DEVELOPMENT COMMISSION INC
BOONE AREA CHAMBER OF COMMERCE ECONOMIC DEVELOPMENT COMMISSION INC (North Carolina) receives grants from 2 organizations whose IRS filings report $14,000 to it, the largest being NORTH CAROLINA CHAMBER FOUNDATION ($10,000). 0 of them have funded it in more than one year.
- Revenue FY2025
- $1.5M
- Funders on record
- 2
- Grants received
- $14k
- Net assets
- $91k
What Boone Area Chamber of Commerce Economic Development Commission Inc does
Mission
To solicit, manage, and distribute funds and resources to further the development and welfare of the boone and watauga county, nc area through activities which are exclusively charitable, educational, or scientific.
As stated on its FY2025 Form 990.
Programs
On its FY2024 return the organization reported starting a significant new program.
Economic, informational, and other support of the business and local community as it recovers from the impacts of hurricane helene.
Its own explanation, from Schedule O of that return (Part III, line 2).
Economic development: data-driven and community-focused investment to address emergent needs of local businesses and the people they serve, scholarships, area event support, and other special projects.
$36,871 spent3% of program spendingEarly childhood development & education: support of workforce development and educational attainment needs for watauga countys early childhood workforce and related education initiatives.
$30,000 spent$31,000 earned by the program2% of program spendingDisaster relief: established high country business resiliency disaster program to help small businesses in watauga, ashe, and avery counties recover from crippling impacts of hurricane helene. Emergency financial support provides necessary aid to businesses that have supported the community for generations.
$1,264,009 spent91% of program spendingOther programs include workforce development via employer trainings (stable); economic data analysis and related research; special project support for community stakeholders; etc.
$63,709 spent$37,889 earned by the program5% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $1,394,589.
The organization over time
Each line starts at 100 in 2023, so what you read is the shape rather than the size: 150 means half as much again as 2023, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $32k to $91k (+185%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2025 7%. Grants only. Government contracts and fees sit inside program revenue.
95% of BOONE AREA CHAMBER OF COMMERCE ECONOMIC DEVELOPMENT COMMISSION INC’s revenue is contributions — more donation-reliant than the typical peer (88% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 3 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Joseph Furman
Executive director
As listed on its FY2025 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of BOONE AREA CHAMBER OF COMMERCE ECONOMIC DEVELOPMENT COMMISSION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
BOONE AREA CHAMBER OF COMMERCE ECONOMIC DEVELOPMENT COMMISSION INC leans on a few funders — its largest provides 71% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund BOONE AREA CHAMBER OF COMMERCE ECONOMIC DEVELOPMENT COMMISSION INC.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of BOONE AREA CHAMBER OF COMMERCE ECONOMIC DEVELOPMENT COMMISSION INC's grant income comes from North Carolina funders.
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
BOONE AREA CHAMBER OF COMMERCE ECONOMIC DEVELOPMENT COMMISSION INC's revenue grew 2914% between 2023 and 2025.
this organization peer median middle 50% of peers· 497 public benefit nonprofits $1M–$10M, FY2025
Organizations like BOONE AREA CHAMBER OF COMMERCE ECONOMIC DEVELOPMENT COMMISSION INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In North Carolina
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
96% of spending goes to programs.
Governance
Public support
0%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 1 related entity
- Boone Area Chamber of Commerce · exempt
Screen this organization
A dated, signed PDF of the compliance screen for BOONE AREA CHAMBER OF COMMERCE ECONOMIC DEVELOPMENT COMMISSION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds BOONE AREA CHAMBER OF COMMERCE ECONOMIC DEVELOPMENT COMMISSION INC?
- BOONE AREA CHAMBER OF COMMERCE ECONOMIC DEVELOPMENT COMMISSION INC (North Carolina) receives grants from 2 organizations whose IRS filings report $14,000 to it, the largest being NORTH CAROLINA CHAMBER FOUNDATION ($10,000). 0 of them have funded it in more than one year.
- How many funders does BOONE AREA CHAMBER OF COMMERCE ECONOMIC DEVELOPMENT COMMISSION INC have?
- IRS filings report 2 organizations giving $14,000 in grants to BOONE AREA CHAMBER OF COMMERCE ECONOMIC DEVELOPMENT COMMISSION INC.
- Who is the largest funder of BOONE AREA CHAMBER OF COMMERCE ECONOMIC DEVELOPMENT COMMISSION INC?
- NORTH CAROLINA CHAMBER FOUNDATION is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
- How can an organization like BOONE AREA CHAMBER OF COMMERCE ECONOMIC DEVELOPMENT COMMISSION INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2023–2025), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing