2023-10-17T11:45:03-05:00 2022-12-31 570381582 ELLIOTT DAVIS LLCPLLC 500 EAST MOREHEAD STREET SUITE 700 CHARLOTTE NC 28202 990 2022-01-01 562227354 CHARLOTTE REGIONAL BUSINESS ALLIANCE FOUNDATION CHAR 7043781324 PO BOX 20103 CHARLOTTE NC 282020027 JANET LABAR PRESIDENT 7043781324 2023-10-03 1 JANET LABAR 999009999 0 JANICE A RATICA P00358837 7043338881 2023-10-03 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z JANET LABAR PO BOX 20103 CHARLOTTE NC 282020027 635840 0 X WWW.CHARLOTTEREGION.COM/FOUNDATION X 2000 NC TO AMPLIFY THE WORK OF THE CHARLOTTE REGIONAL BUSINESS ALLIANCE (CLT ALLIANCE). 10 10 0 10 0 0 302692 634369 0 0 0 1471 0 0 302692 635840 0 0 0 0 0 160964 2318 0 21141 111103 254155 113421 415119 189271 220721 444959 1005207 7664 347191 437295 658016 X THE CHARLOTTE REGIONAL BUSINESS ALLIANCE FOUNDATION FULFILLS THE PHILANTHROPIC EFFORTS OF THE CHARLOTTE REGIONAL BUSINESS ALLIANCE TO ADVANCE THE CHARLOTTE REGION, CREATING OPPORTUNITY, ECONOMIC GROWTH, AND PROSPERITY FOR ALL. IT WAS FOUNDED TO SUPPORT CHARITABLE EFFORTS WITHIN THE ALLIANCE'S STRATEGIC PILLARS OF TALENT AND RESEARCH. THE FOUNDATION AMPLIFIES THE WORK THAT THE CLT ALLIANCE AND OUR PARTNERS ARE DOING TO ADVANCE PROSPERITY FOR ALL, AND CHAMPION A NEW MODEL OF INCLUSIVE ECONOMIC GROWTH THAT FOSTERS ONE REGIONAL COMMUNITY. 0 0 184252 ADVANCEMENT OF DIVERSE, GROWTH-ORIENTED BUSINESSES - ACCELERATE THE GROWTH OF DIVERSE ENTREPRENEURS THROUGH INCREASED SOCIAL CAPITAL, EDUCATION AND RESOURCES THAT HELP INCREASE REVENUE, CUSTOMERS AND EMPLOYEES. 72000 FUNDED RESEARCH IDENTIFYING LOCAL TAX SOURCE COLLECTION (SALES, VEHICLE RENTAL, OCCUPANCY, ETC) WITHIN THE MECKLENBURG COUNTY REGION. SOURCING OF REVENUE FOR PULIC USE SUCH AS CONVENTION CENTERS, SPORTS VENUES, TRANSPORTATION, ETC. 29000 FUNDED RESEARCH INCLUDING A REPORT PROVIDING INSIGHTS INTO ECONOMIC DEVELOPMENT INCENTIVES AND THE COMPETITIVE LANDSCAPE OF THE INCENTIVES OFFERED ACROSS THE CHARLOTTE REGION IN COMPARISON TO EIGHT PEER METRO MARKETS. 285252 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NC X JOAQUIN SORIA 7043781324 PO BOX 20103 CHARLOTTE NC 28202 KIETH COCKRELL DIRECTOR 1.00 0.00 X 0 0 0 BRYAN HARBAUGH DIRECTOR 1.00 0.00 X 0 0 0 REGINALD HENDERSON DIRECTOR 1.00 0.00 X 0 0 0 LUIS LLUBERAS DIRECTOR 1.00 0.00 X 0 0 0 JEROME WILLIAMS DIRECTOR 1.00 0.00 X 0 0 0 ALICE DAVIS DIRECTOR 1.00 0.00 X 0 0 0 CHERYL RICHARDS DIRECTOR 1.00 0.00 X 0 0 0 DAVID HEAD CHAIRMAN 4.00 1.00 X X 0 0 0 NESHA PAI TREASURER 1.00 0.00 X X 0 0 0 JACK SANTANIELLO SECRETARY 1.00 0.00 X X 0 0 0 JANET LABAR DIRECTOR, EX-OFFICIO 1.00 40.00 X 0 434935 28459 KELLY O'BRIEN EX-OFFICIO 1.00 40.00 X 0 251802 27907 0 686737 56366 0 0 1 0 0 634369 634369 1471 1471 635840 0 0 1471 X 160964 40018 104464 16482 253755 244834 4262 4659 400 400 415119 285252 108726 21141 444959 1004494 713 444959 1005207 7664 22191 325000 7664 347191 X 174661 489633 262634 168383 437295 658016 444959 1005207 220721 0 X 0 1 X 0 0 X 301567 146022 302692 634369 1384650 301567 146022 302692 634369 1384650 571390 813260 1471 1471 1386121 0.58670 0.71930 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 415119 415119 83024 20756 0 0 23947 11759 22221 83024 140951 211427 0 598 2940 5555 20756 29849 44774 0 0 0 0 0 0 0 0 0 JANET LABAR DIRECTOR, EX-OFFICIO 0 378310 0 50000 0 6625 0 24400 0 4059 0 463394 0 0 KELLY O'BRIEN EX-OFFICIO 0 205302 0 42500 0 4000 0 17465 0 10442 0 279709 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE ALLIANCE'S CFO AND CEO. THE FORM 990 IS NEXT REVIEWED BY THE FOUNDATION'S BOARD OF DIRECTORS. THE FORM 990 IS FILED AFTER THE BOARD OF DIRECTORS COMPLETES ITS REVIEW. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL, OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THE ORGANIZATION IS A NON-PROFIT AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. WITH RESPECT TO ENFORCEMENT, EACH MEMBER HAS A DUTY TO DISCLOSE THE EXISTENCE OF A POSSIBLE CONFLICT OF INTEREST. ONCE A DISCLOSURE OF THE FACTS HAS BEEN MADE, THE PERSON WITH THE POTENTIAL CONFLICT MUST RECUSE THEMSELVES FROM THE MEETING. AT THIS POINT THE REMAINING MEMBERS SHALL VOTE ON WHETHER OR NOT AN ACTUAL CONFLICT EXISTS. IF IT IS DECIDED THAT A CONFLICT DOES EXIST, APPROPRIATE ACTIONS WILL BE TAKEN. FORM 990, PART VI, SECTION B, LINE 15 KEY PERSONNEL IN SUPPORT OF THE FOUNDATION ARE EMPLOYEES OF THE CHARLOTTE REGIONAL BUSINESS ALLIANCE ("THE ALLIANCE"), THE SUPPORTED ORGANIZATION, AND ARE SUBJECT TO COMPENSATION AND PERSONNEL POLICIES OF THE ALLIANCE. THE ALLIANCE CONSISTENTLY REVIEWS AND DOCUMENTS ITS COMPENSATION STRUCTURE TO ENSURE REASONABLENESS. FORM 990, PART VI, SECTION C, LINE 19 INFORMATION AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 244,834. MANAGEMENT AND GENERAL EXPENSES 4,262. FUNDRAISING EXPENSES 4,659. TOTAL EXPENSES 253,755. CHARLOTTE REGIONAL BUSINESS ALLIANCE PO BOX 20103 CHARLOTTE NC 28202 560173610 ECONOMIC DEVELOPMENT AND BUSINESS ADVOCACY NC 501(C)(6) N/A N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0