2024-10-21T17:09:56-04:00 2023-12-31 561743537 LANGDON & COMPANY LLP 223 US HIGHWAY 70 EAST SUITE 100 GARNER NC 275294051 990 2023-01-01 560340499 NORTH CAROLINA CHAMBER NORT 9198361400 701 CORPORATE CENTER DRIVE STE 275 RALEIGH NC 27607 GARY SALAMIDO PRESIDENT/CEO 9198361400 2024-10-21 true true JESSICA DUPREE P02000926 9196621001 2024-10-21 2023 2024-10-15 13:58:12Z GARY SALAMIDO 701 CORPORATE CENTER DRIVE STE 275 RALEIGH NC 27607 7005518 false X WWW.NCCHAMBER.COM X 1942 NC TO PROMOTE BUSINESS INTERESTS IN NORTH CAROLINA. 43 42 40 43 0 2142360 900846 5347236 5401069 -231066 34039 184095 20147 7442625 6356101 0 0 3556713 3189686 0 0 4185417 2658987 7742130 5848673 -299505 507428 7475778 7773511 5199103 4668101 2276675 3105410 X THE ORGANIZATION IS A PROACTIVE, NON-PARTISAN BUSINESS ADVOCACY ORGANIZATION. THE ORGANIZATION WORKS IN THE LEGISLATIVE, REGULATORY AND POLITICAL ARENAS TO PROACTIVELY DRIVE POSITIVE CHANGE TO ENSURE THAT NORTH CAROLINA IS A LEADING PLACE IN THE WORLD TO DO BUSINESS. THE VISION IS TO BE A UNIFYING VOICE OF NORTH CAROLINA'S DIVERSE BUSINESS COMMUNITY. THE ORGANIZATION WANTS TO TAKE A FORWARD-LOOKING, PROACTIVE ROLE ON ISSUES THAT WILL POSITIVELY IMPACT THE STATE'S BUSINESS CLIMATE AND QUALITY OF LIFE. false false 1108181 ADVOCACY - REPRESENTATION BEFORE LEGISLATIVE BODIES AS WELL AS ATTENDING HEARINGS TO UNDERSTAND PROPOSED LEGISLATION AND ADVOCATE FOR THE POLICIES THAT MOVE THE STATE FORWARD. 795919 3896209 MEMBERSHIP SERVICES - DEVELOPING RELATIONSHIPS WITH MEMBERS TO UNDERSTAND THEIR BUSINESS CONCERNS AND COMMUNICATE RELEVANT INFORMATION INCLUDING POTENTIAL LAW CHANGES THAT AFFECT THEIR BUSINESS. 705120 1504860 EDUCATION & AWARENESS - SEMINARS REGARDING AREAS OF INTEREST AND TRENDING ISSUES HELD FOR MEMBERS AND GENERAL PUBLIC FOR PURPOSES OF EDUCATING AND INFORMING. 1668334 POLITICAL PROGRAM - PROGRAM THAT ANALYZES AND SHAPES THE POLITICAL LANDSCAPE TO MAKE CHANGE POSSIBLE BY DESIGNATING JOBS CHAMPIONS & JOBS ADVOCATES IN THE GENERAL ASSEMBLY. 1668334 4277554 false true true true false false false false false true false false true true true false true false false false false false false false false false false false true false false false false false false false false false false false true true true false true 50 0 true 40 true false false false false true true false false false X 43 42 false false false false true true false true true false false true true true true true true true true false NC X TONIA OSTANEK 9197926342 701 CORPORATE CENTER DRIVE STE 275 RALEIGH NC 27607 GARY SALAMIDO PRESIDENT/CE 34.50 3.00 X X 688383 0 22735 RAYMOND STARLING GENERAL COUN 30.00 7.50 X 319328 0 21906 BETH SHORE VP OF BUSINE 37.50 X 201430 0 17607 KATE PAYNE VP OF COMMUN 36.50 1.00 X 182598 0 16975 MEREDITH ARCHIE FOUNDATION P 1.00 36.50 X 182725 0 16779 JAKE SIPE SENIOR RELAT 37.50 X 134177 0 14542 DEBRA DERR DIRECTOR GOV 37.50 X 126213 0 14399 MICHELA RAMOS MEMBER RELAT 37.50 X 119253 0 13483 VINCENT GINSKI WORKFORCE DI 37.50 X 115442 0 12949 AMY FOWLER VP OF FINANC 30.00 7.50 X 118136 0 10019 JENNIFER ALLEN DIRECTOR 1.00 X 0 0 0 JAMES BANNER DIRECTOR 1.00 X 0 0 0 LYNN BAXTER DIRECTOR 1.00 X 0 0 0 KENDAL BOWMAN EXECUTIVE CO 1.00 X 0 0 0 JANEL BOYD SECRETARY 1.00 X 0 0 0 JOE BRANNAN EXECUTIVE CO 1.00 X 0 0 0 LAURA BUNN TREASURER 1.00 X 0 0 0 TYLER BURR DIRECTOR 1.00 X 0 0 0 KRIS CARROLL EXECUTIVE CO 1.00 X 0 0 0 BRENT CHRISTENSEN DIRECTOR 1.00 X 0 0 0 LEE FITE DIRECTOR 1.00 X 0 0 0 EDWARD J FRITSCH DIRECTOR 1.00 X 0 0 0 REAR ADMIRAL DONALD GINTZIG DIRECTOR 1.00 X 0 0 0 BRIAN GREGORY DIRECTOR 1.00 X 0 0 0 TODD HALL DIRECTOR 1.00 X 0 0 0 JIM HANSEN EXECUTIVE CO 1.00 X 0 0 0 SHAWN HARDING DIRECTOR 1.00 X 0 0 0 D RUSSELL HARRIS EXECUTIVE CO 1.00 X 0 0 0 BRIAN HEALY DIRECTOR 1.00 X 0 0 0 PAULA HENDERSON EXECUTIVE CO 1.00 X 0 0 0 REGINALD B HENDERSON DIRECTOR 1.00 X 0 0 0 LILYN HESTER DIRECTOR 1.00 X 0 0 0 JAMES C WHITEHURST III DIRECTOR 1.00 X 0 0 0 JAMES H SILLS III EXECUTIVE CO 1.00 X 0 0 0 JAY JANDRAIN DIRECTOR 1.00 X 0 0 0 BRAD JONES DIRECTOR 1.00 X 0 0 0 COLLIS JONES DIRECTOR 1.00 X 0 0 0 WILLIAM A CECIL JR DIRECTOR 1.00 X 0 0 0 CURT R LADIG DIRECTOR 1.00 X 0 0 0 STEWART T LEETH DIRECTOR 1.00 X 0 0 0 TREY RABON DIRECTOR 1.00 X 0 0 0 RANDALL RAMSEY DIRECTOR 1.00 X 0 0 0 JENNIFER RICHMOND DIRECTOR 1.00 X 0 0 0 CHARMAINE RIGGINS EXECUTIVE CO 1.00 X 0 0 0 SEPIDEH SAIDI CHAIR 1.00 X X 0 0 0 CHRISTOPHER G SMITH EXECUTIVE CO 1.00 X 0 0 0 JULE SMITH TREASURER 1.00 X X 0 0 0 DR TUNDE SOTUNDE EXECUTIVE CO 1.00 X 0 0 0 DEREK B STEED CHAIR 1.00 X X 0 0 0 DR MICHAEL WALDRUM DIRECTOR 1.00 X 0 0 0 JOHN W WARD DIRECTOR 1.00 X 0 0 0 DAVID H WEAVER EXECUTIVE CO 1.00 X 0 0 0 2187685 161394 12 false true false HIGHWOODS REALTY LIMITED PARTNERSHIP PO BOX 409412 ATLANTA GA 30384 PROPERTY MGMT 418978 CONVERGENT NONPROFIT SOLUTIONS LLC 520 SHERITAN WAY SMYRNA GA 30082 CONSULTING 383500 VACO LLC PO BOX 667 BRENTWOOD TN 37024 EMPLOYMENT SVCS 143895 NEIMAND COLLABORATIVE INC 1100 VERMONT AVENUE NW SUITE 200 WASHINGTON DC 20005 MARKETING 105000 4 900846 900846 MEMBERSHIP DUES 900099 3896209 3896209 SPONSORSHIP INCOME 900099 1400090 1400090 CONFERENCE & MEETINGS 900099 104770 104770 5401069 78831 78831 1550 1550 18000 18000 18000 18000 604625 649417 -44792 -44792 -44792 MISC INCOME 900099 597 597 597 6356101 5356277 98978 X 1939995 1460909 479086 875480 659278 216202 67503 50833 16670 140189 105569 34620 166519 125397 41122 34986 15668 19318 58718 26296 32422 11370 11370 750096 335918 414178 263214 215554 47660 68691 50735 17956 420881 332275 88606 28159 13612 14547 129887 62786 67101 81612 66835 14777 18636 15262 3374 EVENTS EXPENSE 650161 650161 DUES & SUBSCRIPTION 129487 87804 41683 MISCELLANEOUS 13089 2662 10427 5848673 4277554 1571119 0 1318699 1355658 31293 123015 112560 572284 276662 377233 295622 2999992 3116465 2625546 2893206 7475778 7773511 652997 331460 1947322 2081110 2598784 2255531 5199103 4668101 X 2276675 3105410 2276675 3105410 7475778 7773511 X 507428 360754 -39447 X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false true 3916426 1503394 32042 1535436 992742 542694 SCHEDULE C, PART I-A, LINE 1 THE NORTH CAROLINA CHAMBER POLITICAL PROGRAM SUPPORTS THE MISSION OF THE NORTH CAROLINA CHAMBER BY CONDUCTING POLLING, ELECTION ANALYSIS, VOTER EDUCATION, FUNDING ISSUE ADS, INDEPENDENT EXPENDITURES, AND ELECTIONEERING COMMUNICATIONS. THE NORTH CAROLINA CHAMBER POLITICAL PROGRAM DOES NOT MAKE CONTRIBUTIONS TO CANDIDATES OR TO CANDIDATES COMMITTEES. 132519 49032 83487 439765 227630 212135 295622 RIGHT-OF-USE ASSET 2194715 DUE TO AFFILIATES 688066 SECURITY DEPOSIT 10425 2893206 LEASE LIABILITY 2255531 2255531 X 6705485 360754 -11370 349384 6356101 6356101 5837303 -11370 -11370 5848673 5848673 SCHEDULE D, PAGE 3, PART X THE NORTH CAROLINA CHAMBER IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C) (6) OF THE INTERNAL REVENUE CODE. MANAGEMENT HAS EVALUATED THE EFFECT OF THE GUIDANCE PROVIDED BY U.S. GAAP ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT BELIEVES THAT THE NORTH CAROLINA CHAMBER CONTINUES TO SATISFY THE REQUIREMENTS OF A TAX-EXEMPT ORGANIZATION AT DECEMBER 31, 2023 AND 2022. MANAGEMENT HAS EVALUATED ALL OTHER TAX POSITIONS THAT COULD HAVE A SIGNIFICANT EFFECT ON THE CONSOLIDATED FINANCIAL STATEMENTS AND DETERMINED THE NORTH CAROLINA CHAMBER HAD NO UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2023 AND 2022. SCHEDULE D, PAGE 4, PART XI, LINE 2D RECLASS INVESTMENT EXPENSE -11,370 SCHEDULE D, PAGE 4, PART XII, LINE 2D RECLASS INVESTMENT EXPENSE -11,370 X X X X false true false GARY SALAMIDO PRESIDENT/CEO 384401 298962 5020 12450 10285 711118 RAYMOND STARLING GENERAL COUNSEL 277553 41775 11865 10041 341234 BETH SHORE VP OF BUSINESS DEVEL 175180 26250 8010 9597 219037 KATE PAYNE VP OF COMMUNICATIONS 157488 25110 7411 9564 199573 MEREDITH ARCHIE FOUNDATION PRESIDENT 166142 16583 7225 9554 199504 SCHEDULE J, PART III GARY SALAMIDO IS ELIGIBLE FOR THE NONQUALIFIED PLAN. FORM 990 - ORGANIZATION'S MISSION THE ORGANIZATION IS A PROACTIVE, NON-PARTISAN BUSINESS ADVOCACY ORGANIZATION. THE ORGANIZATION WORKS IN THE LEGISLATIVE, REGULATORY AND POLITICAL ARENAS TO PROACTIVELY DRIVE POSITIVE CHANGE TO ENSURE THAT NORTH CAROLINA IS A LEADING PLACE IN THE WORLD TO DO BUSINESS. THE VISION IS TO BE A UNIFYING VOICE OF NORTH CAROLINA'S DIVERSE BUSINESS COMMUNITY. THE ORGANIZATION WANTS TO TAKE A FORWARD-LOOKING, PROACTIVE ROLE ON ISSUES THAT WILL POSITIVELY IMPACT THE STATE'S BUSINESS CLIMATE AND QUALITY OF LIFE. FORM 990, PAGE 2, PART III, LINE 4D POLITICAL PROGRAM - PROGRAM THAT ANALYZES AND SHAPES THE POLITICAL LANDSCAPE TO MAKE CHANGE POSSIBLE BY DESIGNATING JOBS CHAMPIONS & JOBS ADVOCATES IN THE GENERAL ASSEMBLY. FORM 990, PAGE 6, PART VI, LINE 6 THERE ARE REGULAR MEMBERS AND EMERITUS MEMBERS. FORMER CHAIRS AND FORMER PRESIDENTS MAY BE GRANTED EMERITUS STATUS BY THE BOARD. UNDER SPECIAL CIRCUMSTANCES, THE BOARD MAY ALSO GRANT EMERITUS STATUS TO OTHERS. EMERITUS MEMBERS HAVE NO RIGHT TO VOTE ON ANY MATTERS AND PAY NO DUES. ALL MEMBERS OTHER THAN EMERITUS MEMBERS ARE REGULAR MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7A ELECTED DIRECTORS ARE ELECTED ANNUALLY BY THE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 11B THE FINANCE LEADER WILL DISTRIBUTE THE COMPLETE FORM 990 TO ALL DIRECTORS VIA A DIRECT LINK TO A SECURE PAGE ON THE CHAMBER'S WEBSITE PRIOR TO FILING. ALL DIRECTORS HAVE THE OPPORTUNITY TO REVIEW THE 990 BEFORE IT IS FILED. FORM 990, PAGE 6, PART VI, LINE 12C IN CONJUNCTION WITH EACH MEETING OF THE BOARD OF DIRECTORS AND COMMITTEES. EACH BOARD MEMBER IS ASKED TO DECLARE ANY CONFLICT OF INTEREST. FOLLOW UP CALLS AND RETENTION OF ANY DOCUMENTS WILL BE HANDLED BY THE EXECUTIVE ASSISTANT TO THE PRESIDENT AND CEO OF THE CHAMBER. AT THE BEGINNING OF EVERY AUDIT AND FINANCE COMMITTEE MEETING, BOARD OF DIRECTORS MEETING AND EXECUTIVE COMMITTEE MEETING, DIRECTORS ARE FURTHER ASKED TO DECLARE ANY CONFLICTS AND ANY FURTHER RESPONSES ARE DOCUMENTED AND RECORDED IN THE MINUTES OF THE MEETING. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. FORM 990, PAGE 6, PART VI, LINE 15A IN CONJUNCTION WITH THE ANNUAL MEETING OF THE BOARD OF DIRECTORS, THE COMPENSATION COMMITTEE WILL EVALUATE PERFORMANCE AND RECOMMEND COMPENSATION FOR THE PRESIDENT AND CEO. THE COMPENSATION PROCESS INCLUDES THE FOLLOWING ELEMENTS: REVIEW AND APPROVAL BY THE COMPENSATION COMMITTEE, USE OF COMPARABLE COMPENSATION DATA FOR SIMILARLY QUALIFIED INDIVIDUALS IN SIMILAR POSITIONS, AND DOCUMENTATION OF RECOMMENDATIONS BY THE COMPENSATION COMMITTEE TO THE LEADER OF FINANCE FOR RECORDKEEPING. FORM 990, PAGE 6, PART VI, LINE 15B THE PRESIDENT AND CEO IS RESPONSIBLE FOR REVIEWING AND RECOMMENDING COMPENSATION FOR KEY EMPLOYEES OF THE CHAMBER. RECOMMENDATIONS WILL BE BASED ON THE USE OF COMPARABLE COMPENSATION DATA FOR SIMILARLY QUALIFIED INDIVIDUALS IN SIMILAR POSITIONS AS WELL AS LENGTH OR SERVICE AND INDIVIDUAL PERFORMANCE. DOCUMENTATION WITH RESPECT TO DECISIONS BY THE PRESIDENT AND THE CEO, WILL BE PROVIDED TO HUMAN RESOURCES. FORM 990, PAGE 6, PART VI, LINE 19 THE GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER FEES 335,918 414,178 0 FORM 990, PART XI, LINE 9 RECLASS INVESTMENT EXPENSE -11,370 RECLASS INVESTMENT EXPENSE 11,370 NC CHAMBER FOUNDATION 701 CORPORATE CENTER DRIVE STE 275 RALEIGH NC 27607 561918853 NC 501C3 12A NC CHAMBER true NC CHAMBER LEGAL INSTITUTE 701 CORPORATE CENTER DRIVE STE 275 RALEIGH NC 27607 474901025 NC 501C6 NC CHAMBER true NC CHAMBER INDEPENDENT EXPENDITURE 701 CORPORATE CENTER DRIVE STE 275 RALEIGH NC 27607 453806669 NC 527 NC CHAMBER true NC CHAMBER PAC 701 CORPORATE CENTER DRIVE STE 275 RALEIGH NC 27607 271128346 NC 527 NC CHAMBER true NC CHAMBER SERVICES 701 CORP CENTER DRIVE STE 275 RALEIGH NC 27607 272419422 SERVICES NC NC CHAMBER C CORP -131604 84637 1.00000 true false false false true true false false false false false false false false true true false false false false NORTH CHAMBER CHAMBER FOUNDATION D 674098 BOOK VALUE NORTH CAROLINA CHAMBER SERVICES D 223776 BOOK VALUE NORTH CAROLINA CHAMBER FOUNDATION N 37439 BOOK VALUE NORTH CAROLINA CHAMBER FOUNDATION O 780213 BOOK VALUE NORTH CAROLINA CHAMBER SERVICES O 219130 BOOK VALUE NORTH CAROLINA CHAMBER PAC D 4615 BOOK VALUE