Form 990 for tax year 2024

Totals

Total revenue

$3,736,769

Total expenses

$3,608,270

Contributions and grants received

$3,673,044

Grants paid

$334,358

Program service revenue

$63,725

Investment income

$0

Other revenue

$0

Total assets, end of year

$1,013,344

Total liabilities, end of year

$696,626

Net assets or fund balances, end of year

$316,718

Program services expenses (Part IX)

$3,534,240

Management and general expenses

$44,030

Fundraising expenses

$30,000

Program service expenses (Part III)

$3,534,240

Program services were 97.9% 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

• COMMUNITY ADVANCEMENT:LEADERSHIP | TALENT | DE&IPEOPLE ARE CORE TO OUR REGION'S PROSPERITY. THE CHAMBER'S COMMUNITY ADVANCEMENT TEAM CULTIVATES LEADERS TO STEP INTO OUR COMMUNITY'S GREATEST CHALLENGES AND WORKS ALONGSIDE OUR REGION'S EMPLOYERS AND EDUCATORS TO BUILD AND DEVELOP OUR WORKFORCE. OUR EFFORTS ARE ALL CENTERED AROUND ENSURING ECONOMIC MOBILITY FOR ALL.OUR REGION IS FILLED WITH BRIGHT LEADERS WHO WANT TO CREATE CHANGE AND MAKE OUR REGION THE BEST IT CAN BE. THROUGH OUR DIVERSITY, EQUITY AND INCLUSION WORK, LEADERSHIP DEVELOPMENT, INFORMATIVE PROGRAMS AND TALENT INITIATIVES, WE ARE FUELING LEADERS WITH THE INFORMATION, ACCESS AND RESOURCES THEY NEED TO ADVANCE OUR REGION. WE USE A REGIONAL AND INCLUSIVE APPROACH, BECAUSE WE ARE BETTER AND STRONGER TOGETHER. LEADERSHIP DEVELOPMENTFOR OUR COMMUNITY AND BUSINESSES TO PROSPER, WE NEED EMPOWERED LEADERS TO DRIVE SOLUTIONS AND CREATE CHANGE. WE CULTIVATE AND EQUIP LEADERS WITH THE SKILLS AND KNOWLEDGE TO MAKE MEANINGFUL IMPACTS ON OUR COMMUNITY. THE CHAMBER OFFERS LEADERSHIP DEVELOPMENT OPPORTUNITIES FOR ANY STAGE OF YOUR CAREER. WHETHER YOU ARE A YOUNG PROFESSIONAL OR SEASONED EXECUTIVE, OUR PROGRAMS WILL PROVIDE YOU WITH THE INFORMATION AND RESOURCES TO TAKE YOUR CAREER TO THE NEXT LEVEL.THROUGH COMMUNITY AWARENESS, EDUCATION AND HANDS-ON EXPERIENCE, OUR LEADERSHIP PROGRAMS AIM TO PROVIDE THE REGION WITH AN ONGOING SOURCE OF LEADERS THAT ARE PREPARED AND COMMITTED TO SERVE AS CATALYSTS OF POSITIVE CHANGE IN OUR REGION.CHARLESTON YOUNG PROFESSIONALSWHERE EMERGING LEADERS CONNECTCHARLESTON YOUNG PROFESSIONALS (CYP) WAS CREATED AS AN ARM OF THE CHAMBER TO ATTRACT, RETAIN AND DEVELOP YOUNG PROFESSIONALS IN THE CHARLESTON REGION. CYP IS A 1000+ MEMBER-STRONG ORGANIZATION THAT IS WIDELY RECOGNIZED AS AN ACTION-ORIENTED POWERHOUSE OF THE REGION'S UP AND COMING YOUNG LEADERS.TALENTGROWING OUR REGION'S TALENT PIPELINEA REGION THRIVES WHEN ITS PEOPLE HAVE THE WORKFORCE SKILLS THAT MATCH THE NEEDS OF ITS EMPLOYERS. THE CHAMBER'S TALENT TEAM SERVES AS A REGIONAL CONVENER, CREATING BUSINESS AND EDUCATION PARTNERSHIPS THROUGH COLLABORATIVE AND EQUITABLE INITIATIVES. EMPLOYER-LED NEEDS ASSESSMENTS GUIDE OUR EFFORTS TO CULTIVATE RELATIONSHIPS, EDUCATE ON BEST PRACTICES AND DEVELOP OUR CURRENT AND FUTURE EMPLOYEES. OUR COUNTRY IS CURRENTLY FACING A TALENT CRISIS AND EMPLOYERS NEED TO KNOW HOW THEY ARE GOING TO BOTH RECRUIT AND RETAIN THEIR WORKFORCE. THE CHAMBER SERVES AS A THOUGHT LEADER IN BRINGING OUR MEMBERS THE LATEST TRENDS, RESOURCES AND DATA TO INFORM YOUR TALENT DECISIONS.DIVERSITY, EQUITY & INCLUSIONCREATING EQUITABLE OPPORTUNITIES FOR ALLTHE CHAMBER IS COMMITTED TO CREATING A REGION WHERE EVERYONE HAS THE OPPORTUNITY TO LIVE, LEARN AND EARN. DIVERSE AND INCLUSIVE WORKFORCES THRIVE, FOSTERING CREATIVITY, INNOVATION AND LOYALTY. ADDRESSING DISPARITIES AND BUILDING EQUITABLE OPPORTUNITIES WILL LIFT UP OUR ENTIRE REGION. WE ARE CHALLENGED TO HAVE COURAGEOUS CONVERSATIONS, TO LISTEN AND LEARN, WELCOME DIFFERENCES WHILE EXPLORING SIMILARITIES AND CREATE A SENSE OF BELONGING FOR ALL, NOT JUST SOME. WHILE WE CONTINUE TO WEAVE DIVERSITY, EQUITY AND INCLUSION INITIATIVES WITHIN OUR ORGANIZATION, WE ARE ALSO PROUD TO SERVE AS A CATALYST AND CONVENER FOR REGIONAL BUSINESSES, PROVIDING THE TOOLS, RESOURCES AND INFORMATION YOU NEED TO DRIVE YOUR OWN DE&I INITIATIVES.GOVERNMENT RELATIONS:ADVOCATING FOR A THRIVING COMMUNITYTHRIVING COMMUNITIES DON'T JUST HAPPEN. RATHER, THEY ARE THE RESULT OF SMART PLANNING, COLLABORATION AND DEDICATION TO DRIVING SOLUTIONS. THE CHAMBER'S GOVERNMENT RELATIONS TEAM WORKS TIRELESSLY TO INFORM THE COMMUNITY AND OUR MEMBERS ABOUT CURRENT ISSUES, GIVE ACCESS TO ELECTED LEADERS IN OUR COMMUNITY AND ADVOCATE FOR OUR REGION'S BUSINESS COMMUNITY - ALL SO THE COLLECTIVE VOICE OF REGIONAL BUSINESSES ARE HEARD. OUR TEAM ADVOCATES AT THE LOCAL, STATE AND FEDERAL LEVELS AND TAKES A PROACTIVE AND COLLABORATIVE APPROACH TO TACKLING OUR REGION'S GREATEST CHALLENGES. HOUSING ATTAINABILITYWHILE CHARLESTON RANKS THE NUMBER ONE CITY IN THE U.S. TO VISIT BY TRAVEL + LEISURE'S WORLD'S BEST AWARDS, IT FAILS TO PAINT THE PICTURE THAT MANY LOCALS ARE FACED WITH - A CRIPPLING HOUSING CRISIS. WITH AN ESTIMATED 89,600 FAMILIES IN THE REGION SPENDING MORE THAN 30 PERCENT OF THEIR INCOME ON HOUSING, THERE IS A CLEAR NEED FOR A REGIONAL EFFORT AND PUSH TO MEET THE NEEDS.WE RECOGNIZE THAT THE COST AND AVAILABILITY OF HOUSING ISN'T JUST AFFECTING ONE GROUP OF PEOPLE, IT IS IMPACTING EMPLOYERS AND EMPLOYEES OF ALL DIFFERENT BACKGROUNDS AND INDUSTRY SECTORS. TO ACCOMMODATE PROJECTED GROWTH AND ALLOW BUSINESSES TO THRIVE, OUR REGION NEEDS MORE HOUSING SUPPLY, MORE CHOICES, BETTER PROXIMITY TO TRANSIT AND JOB CENTERS, AND MORE ATTAINABLE OPTIONS AT EVERY INCOME LEVEL. WE KNOW WE HAVE A LONG WAY TO GO BEFORE HOUSING IS ACCESSIBLE TO ALL, BUT WE WILL CONTINUE TO KEEP IT AT THE TOP OF OUR PRIORITY LIST.

  Expenses $3,534,240 · Grants $334,358 · Revenue $63,725

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

• BERKELEY-CHARLESTON-DORCHESTER COUNCIL OF GOVERNMENTS

  $302,077

  AT THE BEGINNING OF PROGRAM IMPLEMENTATION, THE BERKELEY-CHARLESTON-DORCHESTER COUNCIL OF GOVERNMENTS (BCDCOG) WAS ESTABLISHED AS THE BACKBONE ORGANIZATION FOR THE EDA LOWCOUNTRY CAREERS COLLABORATIVE (LCC) GRANT. THE BCDCOG IS ALOCAL GOVERNMENT ENTITY THAT WAS ENGAGED TO ACT AS A NEUTRAL CONVENER OF THE SECTOR PARTNERSHIP, CONDUCT ESSENTIAL OUTREACH ANDPROVIDE CASE MANAGEMENT TO LCC PARTICIPANTS, SUPPORT DATA COLLECTION EFFORTS, AND PROMOTE SUSTAINABILITY BY ACTING AS AN ANCHORFOR THE PARTNERSHIP BEYOND THE END OF THE GRANT PERIOD.

• E3 EDUCATE EMPOWER ELEVATE

  $32,281

  FOR THE DURATION OF PROGRAM DESIGN (PHASE II), E3'S CONTRIBUTIONS TO PROGRAM DESIGN WAS DEDICATED TO RESEARCH THAT WILL INFORM METHODS USED BY THE LCC TO DELIVER SUPPORTIVE SERVICES TO ITS PROGRAM PARTICIPANTS. IN ADDITION, E3 WAS ENGAGED TOCREATE AN LCC GUIDE TO ENSURE HEALTHY WORK AND LEARNING ENVIRONMENTS ARE OFFERED BY LCC PARTNERS.

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.

• CHARLESTON METRO CHAMBER OF COMMERCE

  501(C)(6) · CHAMBER · SC

Provenance

Return type

form_990

Tax year

2024

Filed

10 November 2025

IRS schema version

2024v5.2

Source object

202523149349302207

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