Form 990 for tax year 2024

Totals

Total revenue

$924,260

Total expenses

$767,443

Contributions and grants received

$437,651

Grants paid

$129,410

Program service revenue

$471,854

Investment income

$14,755

Other revenue

$0

Total assets, end of year

$1,451,661

Total liabilities, end of year

$709,649

Net assets or fund balances, end of year

$742,012

Program services expenses (Part IX)

$729,554

Management and general expenses

$37,889

Fundraising expenses

$0

Program service expenses (Part III)

$729,554

Program services were 95.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2024

• SUPPORT TOWARDS RALEIGH ECONOMIC DEVELOPMENT THROUGH THE EDGE PROGRAM

  Expenses $295,123 · Grants $129,410

• LEADERSHIP RALEIGH - CONNECTS A DIVERSE NETWORK OF COMMUNITY LEADERS BY PROVIDING ENHANCED LEADERSHIP SKILLS AND KNOWLEDGE OF CURRENT ISSUES TO FOSTER MEANINGFUL AND LASTING ENGAGEMENT. PARTICIPANTS HAVE THE OPPORTUNITY TO ENGAGE WITH LOCAL BUSINESS EXECUTIVES, COMMUNITY LEADERS, AND ELECTED OFFICIALS; LEARN ABOUT OUR COMMUNITY THROUGH UNIQUE TOURS AND BEHIND-THE-SCENES EXPERIENCES; AND PARTICIPATE IN SMALL GROUP PROJECTS THAT EXPLORE CRITICAL COMMUNITY ISSUES.EMERGING LEADERS - DEVELOPS AND EXPANDS THE CAPACITY OF TOMORROW'S LEADERS. PARTICIPANTS HAVE THE OPPORTUNITY TO ENHANCE THEIR LEADERSHIP SKILLS BY LEARNING FROM OTHERS; IMPROVE AWARENESS OF WHAT IT TAKES TO LEAD AND SUCCEED; INTERACT WITH COMMUNITY AND BUSINESS LEADERS IN A SMALL GROUP-SETTING; AND STRENGTHEN THEIR NETWORK BY CONNECTING WITH PEERS WHO HAVE SIMILAR GOALS.

  Expenses $431,043 · Revenue $458,014

• OTHER PROGRAM SERVICES FOR CIVIC BETTERMENT AND ECONOMIC DEVELOPMENT

  Expenses $3,388 · Revenue $13,840

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

• RESEARCH TRIANGLE REGIONAL PARTNERSHIP

  $129,410

  EDGE PROGRAM SUPPORT

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

• GREATER RALEIGH CHAMBER OF COMMERCE

  501(C)(6) · ADVANCEMENT OF THE COMMERCIAL, INDUSTRIAL AND CIVIC DEVELOPMENT OF RALEIGH · NC

Provenance

Return type

form_990

Tax year

2024

Filed

12 August 2026

IRS schema version

2024v5.5

Source object

202632249349301938

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