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Nonprofiteer
← GREENSBORO AREA CHAMBER OF COMMERCE

Form 990 for tax year 2024

Filed by GREENSBORO AREA CHAMBER OF COMMERCE.

Totals

Total revenue
$3,820,298
Total expenses
$4,296,954
Contributions and grants received
$1,771,000
Grants paid
$35,000
Program service revenue
$1,706,056
Investment income
$114,980
Other revenue
$228,262
Total assets, end of year
$7,364,597
Total liabilities, end of year
$1,434,225
Net assets or fund balances, end of year
$5,930,372
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Listed in Part VII

  • SHERRI THOMAS

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • STAFFORD THOMPSON JR

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    2

  • JIMMY ADAMS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SUZY ADKINS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MAME ANNAN-BROWN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • FORD BOWERS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • IVAN CANADA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • DAWN CHANEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TONY CLARKE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BILL COLLINS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • GREG COX

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • URSULA DUDLEY OGLESBY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DAVID EDWARDS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • BETH FISCHER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • GEOFF FOSTER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • STACEY GREENE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • PRESTON HAMMOCK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • BRENT HAMPTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JADA HARRIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JARVIS HARRIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DOUG HASSMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • HANK HENNING

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ASHLEIGH JOHNSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • RHONDA JOYCE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • NANCY KING QUAINTANCE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • CURT LADIG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CC LAMBERTH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • WANDA LEA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • APRIL MASON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SARA MILLARD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MARTA MITCHELL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MINDY OAKLEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • WHITNEY OAKLEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LAURA PRATT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KIM REED

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MARY RICE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KARL ROBINSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KILEY SCHIFFMAN STORRS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • TONYA SMITH-JACKSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SUSAN SCHWARTZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CLIFFORD THOMPSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • BRIAN VANNOY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SUZANNE WALSH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ANDY ZIMMERMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SKIP ALSTON

    EX OFFICIO

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL HALFORD

    EX OFFICIO

    Total calculated
    $0
    Hours/week
    2

  • TREY DAVIS III

    EX OFFICIO

    Total calculated
    $0
    Hours/week
    2

  • CAROLANN TUCCIARONE

    EX OFFICIO

    Total calculated
    $0
    Hours/week
    1

  • JAMES B CHRISTENSEN

    PRESIDENT/CEO

    Total calculated
    $422,675
    From this org
    $392,879
    From related orgs
    $0
    Other
    $29,796
    Hours/week
    40 + 3 related

    Schedule J breakdown matched by us

    Base
    $287,000
    Bonus
    $55,720
    Other
    $50,159
    Deferred
    $23,990
    Nontaxable benefits
    $5,806
    Filer's total
    $422,675

  • WILLIAM CHEEK

    EXECUTIVE VP OF LAUNCH GREENSBORO

    Total calculated
    $134,556
    From this org
    $125,000
    From related orgs
    $0
    Other
    $9,556
    Hours/week
    40

  • TRACY MYERS

    EXECUTIVE VP OF MEMBER ENG

    Total calculated
    $194,755
    From this org
    $182,799
    From related orgs
    $0
    Other
    $11,956
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $160,000
    Bonus
    $10,799
    Other
    $12,000
    Deferred
    $11,956
    Nontaxable benefits
    $0
    Filer's total
    $194,755

  • MARVIN PRICE

    EXECUTIVE VP OF ECONOMIC D

    Total calculated
    $191,879
    From this org
    $174,685
    From related orgs
    $0
    Other
    $17,194
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $142,000
    Bonus
    $20,685
    Other
    $12,000
    Deferred
    $11,388
    Nontaxable benefits
    $5,806
    Filer's total
    $191,879

  • JACOB KEYS

    INCOMING VP, MARKETING & COMMUNICAT

    Total calculated
    $49,644
    From this org
    $46,218
    From related orgs
    $0
    Other
    $3,426
    Hours/week
    40

  • MEGAN MABRY

    OUTGOING VP, MARKETING & COMMUNICAT

    Total calculated
    $31,248
    From this org
    $29,170
    From related orgs
    $0
    Other
    $2,078
    Hours/week
    40

  • SANDRA POST

    CONTROLLER

    Total calculated
    $149,705
    From this org
    $134,800
    From related orgs
    $0
    Other
    $14,905
    Hours/week
    40

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

  • 1a · Discretionary spending account
  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

The filer's explanations (Part III)

PART I, LINE 1A
THE ORGANIZATION PROVIDES A DISCRETIONARY AUTOMOBILE ALLOWANCE TO JAMES B. CHRISTENSEN, TRACY MYERS, AND MARVIN PRICE IN THE AMOUNT OF $12,000 AND SANDRA POST IN THE AMOUNT OF $4,800. ADDITIONALLY, JAMES B. CHRISTENSEN IS PROVIDED WITH A FRINGE BENEFIT MEMBERSHIP TO A COUNTRY CLUB IN THE AMOUNT OF $35,837. THESE AMOUNTS ARE REPORTED ON SCHEDULE J, PART II, COLUMN B(III). ALL OF THESE ITEMS ARE INCLUDED IN THE EMPLOYEES' W-2S.

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

  • ACTION GREENSBORO

    $35,000

    TO SUPPORT CAMPUS GREENSBORO FELLOWS PROGRAM; TO SUPPORT THE MADE IN GREENSBORO INITIATIVE TO MARKET THE UNIQUE ASPECTS OF GREENSBORO

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.

  • ACTION GREENSBORO

    501(C)(3) · CHARITY · NC · controlled entity

    Directly controlled by GREENSBORO AREA CHAMBER OF COMMERCE

  • GREENSBORO CHAMBER FOUNDATION

    501(C)(3) · CHARITY · NC · controlled entity

    Directly controlled by GREENSBORO AREA CHAMBER OF COMMERCE

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 partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Provenance

Return type
form_990
Tax year
2024
Filed
9 May 2025
IRS schema version
2024v5.1
Source object
202511339349303826

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