Lake Norman Chamber Of Commerce
Cornelius, North Carolina
BHealth Score
60B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$455K
Total Revenue
📊
$467K
Total Expenses
🏦
$468K
Net Assets
📋
$10K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+8.7%
Year-over-year change (2021 → 2022)
Net Margin
-2.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.00
Net assets divided by total expenses
Liabilities-to-Assets
2.1%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2022 | $455,025↑9% | $467,343↑13% | $478,507↓2% | — |
| 2021 | $418,463↑35% | $412,039↓2% | $486,969 | — |
| 2020 | $309,685↓11% | $419,406↓8% | $488,518↓18% | — |
| 2019 | $348,184↓60% | $455,354↑9% | $593,551↓15% | — |
| 2018 | $870,950↑91% | $417,520↓12% | $701,731↑1% | — |
| 2017 | $455,125↓4% | $475,038↓4% | $694,044↓6% | — |
| 2016 | $472,523↓2% | $496,187 | $738,472↓5% | — |
| 2015 | $481,261↓11% | $496,145↓5% | $781,187↓5% | — |
| 2014 | $540,846↑21% | $520,454↑3% | $820,235 | — |
| 2013 | $448,369↓1% | $504,970↑16% | $817,106↓5% | — |
| 2012 | $451,841↑5% | $435,527↓4% | $860,607↓2% | — |
| 2011 | $430,269↑8% | $453,891↑11% | $881,732↓2% | — |
| 2010 | $400,082 | $410,132 | $901,555 | — |
Frequently Asked Questions
What does Lake Norman Chamber Of Commerce do?▼
Lake Norman Chamber Of Commerce is a unclassified nonprofit organization based in North Carolina. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lake Norman Chamber Of Commerce financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Lake Norman Chamber Of Commerce.
How much revenue does Lake Norman Chamber Of Commerce generate?▼
Lake Norman Chamber Of Commerce reports $601K in annual revenue and holds $559K in total assets, based on IRS filings.
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