2025-01-16T10:38:52-06:00 2023-12-31 561965804 THOMAS JUDY & TUCKER PA 404 HUNT STREET SUITE 100 DURHAM NC 27701 990 2023-01-01 560457260 GREATER WILMINGTON CHAMBER OF COMMERCE GREA 9107622611 ONE ESTELL PLACE WILMINGTON NC 28401 NATALIE ENGLISH PRESIDENT/CEO 9107622611 2025-01-16 1 0 KRISTEN HOYLE CPA P00118964 9195717055 2025-01-16 2023 2024-10-15 13:58:12Z NATALIE ENGLISH ONE ESTELL PLACE WILMINGTON NC 28401 1834750 0 X WWW.WILMINGTONCHAMBER.ORG X 1942 NC TO PROTECT AND STRENGTHEN THE WILMINGTON BUSINESS COMMUNITY AND HELP BUSINESSES GROW AND THRIVE. 25 24 10 250 1594 0 0 139524 1095611 1378207 2480 11692 99370 143895 1197461 1673318 0 0 0 0 674282 777578 0 0 0 482011 810874 1156293 1588452 41168 84866 1373994 1372219 907018 820377 466976 551842 X TO PROTECT AND STRENGTHEN THE WILMINGTON BUSINESS COMMUNITY AND HELP BUSINESSES GROW AND THRIVE BY PROVIDING MEMBERS WITH BUSINESS-BUILDING PROGRAMS AND EVENTS TO HELP THEM CONNECT AND DO BUSINESS WITH ONE ANOTHER. 0 0 IN 2023 THE WILMINGTON CHAMBER HOSTED A TOTAL OF 127 NETWORKING EVENTS, RIBBON CUTTINGS AND COMMITTEE MEETINGS. IN ADDITION, THE CHAMBER LAUNCHED THE NC CAREER COAST TALENT ATTRACTION CAMPAIGN AIMED AT ATTRACTING TALENT FROM OUTSIDE THE REGION TO GROW THE SIZE OF THE WORKFORCE AS THE NUMBER OF JOBS CONTINUES TO GROW. THE WILMINGTON CHAMBER OF COMMERCE FOUNDATION RECEIVED A GRANT TO LAUNCH AND SERVE AS THE ANCHOR INSTITUTION FOR THE HEALTHCARE TRANSFORMATION PROJECT TO ATTRACT, DEVELOP, AND RETAIN NURSING STUDENTS AND PROFESSIONALS IN NEW HANOVER COUNTY. THE FOUNDATION ALSO MORE THAN DOUBLED THE NUMBER OF STUDENTS PARTICIPATING IN THE CAREER AND LEADERSHIP DEVELOPMENT ACADEMY IN COLLABORATION WITH NEW HANOVER COUNTY SCHOOLS TO PROVIDE CURRENT NEW HANOVER COUNTY MIDDLE SCHOOL STUDENTS AN OPPORTUNITY TO ACQUIRE CAREER, LEADERSHIP, AND EDUCATION PATHWAY KNOWLEDGE THROUGHOUT THE TEN-MONTH PROGRAM. THE FOUNDATION ALSO RECEIVED A STATE APPROPRIATION TO PILOT THE EXPANSION OF THE PROGRAM TO ALL SEVENTH GRADERS AND TO GROW THE NUMBER OF EIGHTH GRADERS IN THE PROGRAM. 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 11 0 10 1 1 1 0 0 0 0 0 0 0 0 0 X 25 24 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 1 0 NC X NATALIE ENGLISH 9107622611 ONE ESTELL PLACE WILMINGTON NC 28401 NATALIE ENGLISH PRESIDENT/CEO 40.00 2.00 X X 227917 0 18870 LILY LOIZEAUX PERSONNEL COMMITTEE CHAIR 2.00 X X 0 0 0 JIM HUNDLEY JR 2ND VICE CHAIR 2.00 X X 0 0 0 LISA LEATH 1ST VICE CHAIR 2.00 X X 0 0 0 NICOLAS MONTOYA TREASURER 2.00 1.00 X X 0 0 0 STEPHANIE LANIER CHAIR 2.00 X X 0 0 0 ROBERT CAMPBELL MEMBER 1.00 X 0 0 0 ROB KAISER MEMBER 1.00 2.00 X 0 0 0 TRACEY NEWKIRK MEMBER 1.00 X 0 0 0 DENISE KINNEY MEMBER 1.00 X 0 0 0 EURAN DANIELS MEMBER 1.00 X 0 0 0 GUSTAVO RODEA MEMBER 1.00 X 0 0 0 LIVIAN JONES MEMBER 1.00 X 0 0 0 KRISTY HUBARD MEMBER 1.00 X 0 0 0 TED SHIPLEY MEMBER 1.00 2.00 X 0 0 0 NED GLASCOCK MEMBER 1.00 X 0 0 0 ROBIN SPINKS MEMBER 1.00 X 0 0 0 ANTHONY PARNELL MEMBER 1.00 X 0 0 0 NEAL ANDREW IMMEDIATE PAST CHAIR 1.00 1.00 X X 0 0 0 CHAKEMA CLINTON-QUENTANA MEMBER 1.00 X 0 0 0 ERIN KELLER MEMBER 1.00 X 0 0 0 AMANDA MIARS MEMBER 1.00 X 0 0 0 MIKE BROWN MEMBER 1.00 1.00 X 0 0 0 KATIE SMITH MEMBER 1.00 X 0 0 0 JOHN GILLESPIE MEMBER 1.00 X 0 0 0 227917 0 18870 1 0 1 0 0 139524 139524 MEMBERSHIP DUES 900099 787793 787793 ECONOMIC DEVELOPMENT G 900099 249163 249163 ORGANIZATION EVENTS 900099 190488 190488 COURSE MANAGEMENT REVE 900099 138126 138126 ADMINISTRATIVE REVENUE 900099 7160 7160 5477 3377 2100 1378207 11692 11692 62132 62638 -506 -506 -506 243195 98794 144401 144401 1673318 1376107 1594 156093 246787 428586 9654 41970 50581 27497 75182 214787 94869 35 32626 8932 16405 21382 32434 12475 MISCELLANEOUS 90795 BAD DEBTS 82924 MEALS 48813 DUES & SUBSCRIPTIONS 25882 25836 1588452 168986 49312 413332 443304 68902 68266 36271 25903 2004824 1227506 663477 777318 23026 8116 1373994 1372219 2795 5210 159558 137318 560066 517108 149900 149900 34699 10841 907018 820377 X 466976 551842 466976 551842 1373994 1372219 84866 0 X 0 1 X 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 88543 88543 1033876 773210 260666 748856 324687 424169 44599 40659 3940 88950 88950 0 777318 CREDIT CARD PAYABLE 1938 ACCRUED PAYROLL WITHHOLDINGS 2798 ACCRUED INTEREST 6105 10841 X 1877000 42250 161432 203682 1673318 0 1673318 1792134 42250 161432 203682 1588452 0 1588452 PART X, LINE 2: THE CHAMBER IS EXEMPT FROM INCOME TAXES AS A NOT-FOR-PROFIT ORGANIZATION UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. THE CHAMBER HAS ADOPTED THE PROVISIONS OF FASB ASC 740, INCOME TAXES. USING THIS GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. AS OF DECEMBER 31, 2023, THE CHAMBER HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE CHAMBER IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 62,638. FUNDRAISING EXPENSES 98,794. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 98,794. RENTAL EXPENSES 62,638. ANNUAL MEETING 103430 103430 7929 8630 525 11681 OYSTER ROAST 44870 44870 13010 1000 10460 5 94895 94895 3693 24514 990 16362 243195 243195 11622 46154 2515 38503 98794 144401 X X 0 0 0 NATALIE ENGLISH PRESIDENT/CEO 204359 0 23000 0 558 0 6821 0 12049 0 246787 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990, WHICH IS PREPARED BY AN INDEPENDENT CPA, IS REVIEWED BY THE FINANCE COMMITTEE AND APPROVED PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE ASKED TO SIGN A CONFLICT OF INTEREST FORM AND IN THE EVENT THAT A CONFLICT ARISES, THE BOARD MEMBER WITH A CONFLICT IS RECUSED FROM VOTING ON ANY MATTER THAT MAY HAVE A DIRECT IMPACT ON THEMSELVES OR THEIR COMPANY. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE WORKS WITH THE CEO TO CREATE A LIST OF GOALS FOR THE YEAR THAT IS PLUGGED INTO A MATRIX THAT WEIGHTS EACH GOAL. THAT MATRIX IS USED BY THE PERSONNEL COMMITTEE (MADE UP OF THE PERSONNEL COMMITTEE CHAIR, THE CURRENT BOARD CHAIR, AND THE INCOMING BOARD CHAIR) TO DETERMINE COMPENSATION AND BONUS FOR THE CEO. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. GREATER WILMINGTON CHAMBER FOUNDATION ONE ESTELL LEE PLACE WILMINGTON NC 28401 237337214 ADMINISTER PROGRAMS THAT PROMOTE WORKFORCE DEVELOPMENT AND EDUCATION NC 501(C)(3) LINE 10 0 CAPE FEAR FUTURE FOUNDATION ONE ESTELL LEE PLACE WILMINGTON NC 28401 273325247 TO PROMOTE ECONOMIC DEVELOPMENT OF THE CAPE FEAR REGION NC 501(C)(3) LINE 7 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 GREATER WILMINGTON CHAMBER FOUNDATION L 277850 FMV