Holly Springs Chamber of Commerce Inc logo

Holly Springs Chamber of Commerce Inc

501(c)(6) organization Holly Springs, NC EIN: 56-1875144 Website

Provide visionary leadership to grow the holly springs business community through advocacy, engagement, and innovation.

Holly Springs Chamber of Commerce Inc at a glance

Total assets
$356,377
+7.8% vs 2024
Revenue (2025)
$394,231
+1.9% vs 2024
Net investment income (2025)
$9,056
+18.9% vs 2024
Expenses (2025)
$379,793
-2.5% vs 2024
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

Who Holly Springs Chamber of Commerce Inc funds

How this funder distributes its grants

Grant Size Distribution

1 grant across all recorded years

1<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 1 grant of 1 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Cities

Holly Springs

How Holly Springs Chamber of Commerce Inc gives

  • Giving grew 50% from 2019 to 2022. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K1 grant2019 1 grant2020 Total only2021 1 grant2022 0 grants2023 0 grants2024 0 grants2025

From 2019 to 2022, annual grant giving ranged from $500 (2021) to $15K (2022). In 2022 it made 1 grant totaling $15K.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Holly Springs Food Cupboard Holly Springs, NCReduce Local Food Insecurity$15,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$356,377$394,231$379,793——$9,056
2024$330,653$386,928$389,678——$7,617
2023$333,271$336,055$316,401——$1,978
2022$301,741$271,326$210,051$15,0001$3,355
2021$257,363$207,699$177,508$500Total only$5,493
2020$224,445$208,646$199,218$7,5001$1,883
2019$209,162$260,147$240,564$10,0001$1,867

"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.

About Holly Springs Chamber of Commerce Inc

Based on IRS filings

Holly Springs Chamber of Commerce Inc is a public charity focused on Community Improvement & Capacity Building, based in Holly Springs, NC. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $356K in total assets. Net investment income was $9K.

Leadership & Key People

Officers and directors from IRS filings

Holly Springs Chamber of Commerce Inc is led by Tonya Palumbo, Executive Director since 2023 (on filings since 2021); 1 of 7 officers listed in 2025 is compensated.

Officers on the 2025 filing

  • Tonya Palumbo

    Executive Director

    Chair → Chair & Part Yr Director, 2022

    Chair & Part Yr Director → Executive Director, 2023

    On filings since 2021

    40 hrs/week

    $77K (2023) → $89K (2025)

  • David Whittingham

    Chair

    Chair Elect → Chair, 2025

    On filings since 2024

    No compensation reported

  • Nash Atkins

    Past Chair

    Chair Elect → Chair, 2024

    Chair → Past Chair, 2025

    On filings since 2023

    No compensation reported

  • Jeffrey Weegar

    Treasurer

    On filings since 2024

    No compensation reported

  • Lashonza Brown

    Chair Elect

    New on the 2025 filing

    No compensation reported

  • Mark Campbell

    Secretary

    New on the 2025 filing

    No compensation reported

  • Marni Blythe

    Treasurer Elect

    New on the 2025 filing

    No compensation reported

Former officers (13)
  • Former: Chris Edwards (2021–2024) — Secretary
  • Former: Cyndy Sanders (2021–2024) — Past Treasurer
  • Former: Rick Grant (2021–2024) — Past Chair
  • Former: Justin Sellers (2019–2023) — Past Chair
  • Former: Debra Kuffner (2021–2022) — Executive Director
  • Former: Chante Pickard (2019–2021) — Executive Director
  • Former: Lauren DeAlto (2020–2021) — Executive Director
  • Former: Asa Beavers (2019–2020) — Chair Elect
  • Former: Ben Mathew (2019–2020) — Treasurer
  • Former: Tom Cox (2019–2020) — Secretary
  • Former: Beth Martinez de Andino (2020) — Chair Elect
  • Former: Karen Shore (2020) — Interim Executive Director
  • Former: Natalie Babson (2020) — Past Chair

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Tonya Palumbo — Executive Director: $89KTonya PalumboExecutive Director$89K

The highest reported compensation on the 2025 filing was $89K, to Tonya Palumbo (Executive Director).

Frequently asked questions about Holly Springs Chamber of Commerce Inc

How large is Holly Springs Chamber of Commerce Inc?

Holly Springs Chamber of Commerce Inc reported $356K in total assets on its 2025 IRS Form 990. Its revenue that year was $394K.

What is Holly Springs Chamber of Commerce Inc?

Holly Springs Chamber of Commerce Inc is a public charity focused on Community Improvement & Capacity Building, based in Holly Springs, NC. It holds $356K in total assets as of 2025.

Where does Holly Springs Chamber of Commerce Inc operate?

Holly Springs Chamber of Commerce Inc has awarded grants in North Carolina.

What is Holly Springs Chamber of Commerce Inc's EIN?

Holly Springs Chamber of Commerce Inc's EIN (Employer Identification Number) is 56-1875144. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(4)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS May 12, 2020)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS August 30, 2022)
  3. Added Form 990 for fiscal year 2025 (received by the IRS May 13, 2026)
  4. IRS filings on file for fiscal years 2020–2024

Live grants for the work Holly Springs Chamber of Commerce Inc funds

Community Improvement & Capacity Building Open opportunities, soonest deadline first.

Explore Open Grants

Browse active grant opportunities in Holly Springs Chamber of Commerce Inc's focus areas in our free grants database

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Holly Springs Chamber of Commerce Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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