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Nonprofiteer
← NORTH CAROLINA CHAMBER FOUNDATION

Form 990 for tax year 2023

Filed by NORTH CAROLINA CHAMBER FOUNDATION.

Totals

Total revenue
$2,686,233
Total expenses
$1,685,045
Contributions and grants received
$2,697,341
Grants paid
$0
Program service revenue
$0
Investment income
-$11,108
Other revenue
$0
Total assets, end of year
$5,545,570
Total liabilities, end of year
$703,254
Net assets or fund balances, end of year
$4,842,316
Program services expenses (Part IX)
$1,286,688
Management and general expenses
$398,357
Fundraising expenses
$0
Program service expenses (Part III)
$1,286,688

Program services were 76.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • GARY J SALAMIDO

    BOARD MEMBER

    Total calculated
    $711,118
    From this org
    $0
    From related orgs
    $688,383
    Other
    $22,735
    Hours/week
    1 + 36.5 related

    Schedule J breakdown matched by us

    Base
    not reported + $384,401 related
    Bonus
    not reported + $298,962 related
    Other
    not reported + $5,020 related
    Deferred
    not reported + $12,450 related
    Nontaxable benefits
    not reported + $10,285 related
    Filer's total
    not reported + $711,118 related

  • MEREDITH ARCHIE

    PRESIDENT

    Total calculated
    $199,504
    From this org
    $0
    From related orgs
    $182,725
    Other
    $16,779
    Hours/week
    36.5 + 1 related

    Schedule J breakdown matched by us

    Base
    not reported + $166,142 related
    Bonus
    not reported + $16,583 related
    Other
    not reported
    Deferred
    not reported + $7,225 related
    Nontaxable benefits
    not reported + $9,554 related
    Filer's total
    not reported + $199,504 related

  • AMY FOWLER

    TREASURER

    Total calculated
    $128,155
    From this org
    $0
    From related orgs
    $118,136
    Other
    $10,019
    Hours/week
    7.5 + 30 related

  • JANEL BOYD

    SECRETARY

    Total calculated
    $109,492
    From this org
    $0
    From related orgs
    $97,519
    Other
    $11,973
    Hours/week
    1 + 36.5 related

  • LAURA BUNN

    TREASURER

    Total calculated
    $0
    Hours/week
    7.5 + 30 related

  • JIM HANSEN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • D RUSSELL HARRIS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DALE JENKINS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • FRANK B HOLDING JR

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • CHARMAINE RIGGINS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • SEPIDEH SAIDI

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • STEPHEN C SCOTT

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JULE SMITH

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • TUNDE SOTUNDE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DEREK B STEED

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DAVID H WEAVER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • ROBERT WOMBLE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

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

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PART III
GARY SALAMIDO EARNED A CONTRIBUTION TO HIS 457(F) PLAN FOR 2023.

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

No itemized grants to organizations on this return.

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • NC CHAMBER SERVICES

    C CORP · SERVICES · NC · 100% owned · share of income -$131,604 · share of assets $84,636 · controlled entity

    Directly controlled by NC CHAMBER

Provenance

Return type
form_990
Tax year
2023
Filed
21 October 2024
IRS schema version
2023v5.0
Source object
202422959349301962

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