- Revenue 2024
- $10,038,286
- Expenses 2024
- $8,432,787
Program services were 56.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 06
- Classification
- 3000
- Street
- 800 S SALISBURY ST
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Other organizations at this address
1 other organization in the IRS Business Master File lists the same street address. matched by us
We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.
Mission and programs · 2024
Mission
TO BUILD A THRIVING REGIONAL ECONOMY, ENHANCE THE COMMUNITY'S QUALITY OF LIFE, AND STRENGTHEN MEMBER BUSINESSES.
-
THE ORGANIZATION MAINTAINS AN ECONOMIC DEVELOPMENT PROGRAM WHOSE FUNCTION IS TO ATTRACT NEW BUSINESSES TO THE RALEIGH AREA.
Expenses $2,519,997 · Grants $144,840 · Revenue $185,052
-
THE ORGANIZATION PROVIDES SUPPORT TO ITS MEMBERSHIP THROUGH PROVIDING VARIOUS SEMINARS AND NETWORKING OPPORTUNITIES.
Expenses $1,809,813 · Revenue $2,648,101
-
THE ORGANIZATION ADVOCATES AND SUPPORTS TRANSPORTATION AND INFRASTRUCTURE PRIORITIES THROUGH THE REGIONAL TRANSPORTATION ALLIANCE.
Expenses $430,932 · Revenue $27,880
As filed on the 2024 return.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
Shan TeelSHAN TEEL
CHAIR
- Total calculated
- $0
- Hours/week
- 4 + 2 related
-
Gary GreeneGARY GREENE
IMMEDIATE PAST CHAIR
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Kevin HowellKEVIN HOWELL
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Dan CahillDAN CAHILL
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Mitch PerryMITCH PERRY
TREASURER
- Total calculated
- $0
- Hours/week
- 4 + 2 related
-
Ford RobertsonFORD ROBERTSON
GENERAL COUNSEL
- Total calculated
- $0
- Hours/week
- 4
-
Kristen HessKRISTEN HESS
CHAIR-ELECT
- Total calculated
- $0
- Hours/week
- 4 + 2 related
-
Jeronica GoodwinJERONICA GOODWIN
VICE CHAIR-DEI
- Total calculated
- $0
- Hours/week
- 4
-
Brian ReidBRIAN REID
VICE CHAIR-ECONOMIC DEVELO
- Total calculated
- $0
- Hours/week
- 4
-
Rebecca Quinn-WolfREBECCA QUINN-WOLF
VICE CHAIR-FOUNDATION
- Total calculated
- $0
- Hours/week
- 4 + 2 related
-
Russell KillenRUSSELL KILLEN
VICE CHAIR-GOVERNMENT AFFA
- Total calculated
- $0
- Hours/week
- 4
-
Kelly WilliamsonKELLY WILLIAMSON
VICE CHAIR-MARKETING AND COMMUNICATIONS
- Total calculated
- $0
- Hours/week
- 4
-
Jennifer AllenJENNIFER ALLEN
VICE CHAIR-MEMBERSHIP DEVE
- Total calculated
- $0
- Hours/week
- 4
-
Laura BunnLAURA BUNN
VICE CHAIR-REVENUE DEVELOPMENT
- Total calculated
- $0
- Hours/week
- 4
-
Brian ForkBRIAN FORK
EXECUTIVE COMMITTEE AT LAR
- Total calculated
- $0
- Hours/week
- 4
-
Paul ErunsePAUL ERUNSE
EXECUTIVE COMMITTEE AT LAR
- Total calculated
- $0
- Hours/week
- 4
-
Hyunna CoelhoHYUNNA COELHO
EXECUTIVE COMMITTEE AT LAR
- Total calculated
- $0
- Hours/week
- 4
-
Tom FritschTOM FRITSCH
EXECUTIVE COMMITTEE AT LAR
- Total calculated
- $0
- Hours/week
- 4
-
Timothy HumphreyTIMOTHY HUMPHREY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Chad SetliffCHAD SETLIFF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Baker GlasgowBAKER GLASGOW
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Bonner GaylordBONNER GAYLORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Barbara GriffithBARBARA GRIFFITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
John WardJOHN WARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jule SmithJULE SMITH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
The first 25 listed. 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. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $10,038,286
- Expenses
- $8,432,787
- Contributions
- $7,025,867
- Grants paid
- $144,840
-
2023
- Revenue
- $10,273,551
- Expenses
- $8,673,105
- Contributions
- $7,109,354
- Grants paid
- $0
-
2022
- Revenue
- $7,329,901
- Expenses
- $7,987,620
- Contributions
- $4,349,566
- Grants paid
- $0
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Other returns filed
-
2021 · 990
- Revenue
- $6,900,668
- Expenses
- $7,362,830
- Assets (EOY)
- $7,407,410
-
2020 · 990
- Revenue
- $6,316,198
- Expenses
- $5,912,611
- Assets (EOY)
- $8,171,303
-
2019 · 990
- Revenue
- $7,607,411
- Expenses
- $6,078,560
- Assets (EOY)
- $7,488,970
-
2018 · 990
- Revenue
- $8,373,631
- Expenses
- $7,562,409
- Assets (EOY)
- $6,229,335
-
2017 · 990
- Revenue
- $6,276,653
- Expenses
- $6,681,229
- Assets (EOY)
- $5,154,007
Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.
Grants made
-
2024 EDGE PROGRAM SUPPORT
Grants received
-
2022 COMMUNITY SUPPORT/SPONSORSHIP
-
2022 ECONOMIC DEVELOPMENT ASSISTANCE
-
2023 ECONOMIC DEVELOPMENT ASSISTANCE
-
2025 ECONOMIC DEVELOPMENT ASSISTANCE
-
$5,750
2024 GENERAL SUPPORT
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2024 return
-
GREATER RALEIGH CHAMBER OF COMMERCE COMMUNITY DEVELOPMENT FOUNDATION
501 (C)(3) · CIVIC BETTERMENT AND ECONOMIC DEVELOPMENT · NC
Declared as related by
-
GREATER RALEIGH CHAMBER OF COMMERCE COMMUNITY DEVELOPMENT FOUNDATION
On its 2024 return
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Not present in the most recent drop.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 9 November 2026 and read 9 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.