2025-05-13T11:02:21-05:00 2024-12-31 560571159 BERNARD ROBINSON & COMPANY LLP PO BOX 19608 GREENSBORO NC 274199608 990 2024-01-01 560245040 GREENSBORO AREA CHAMBER OF COMMERCE INC GREE 3363878300 111 W FEBRUARY ONE PLACE GREENSBORO NC 27401 JAMES B CHRISTENSEN PRESIDENT/CEO 3363878300 2025-05-09 1 0 JOHN M ROBINSON P01281319 3362944494 2025-05-09 2024 2025-03-06 01:10:19Z JAMES B CHRISTENSEN 111 W FEBRUARY ONE PLACE GREENSBORO NC 27401 3820994 0 X WWW.GREENSBORO.ORG X 1888 NC TO SERVE AS GREENSBORO, NORTH CAROLINA'S PRINCIPAL ECONOMIC AND COMMUNITY DEVELOPMENT ORGANIZATION. OUR GOAL IS TO STRATEGICALLY DEVELOP A VIBRANT COMMUNITY THAT CREATES, EXPANDS, AND ATTRACTS BUSINESS WHILE ADVANCING THE QUALITY OF LIFE FOR ALL. 48 48 33 125 0 0 2377678 1771000 1340730 1706056 63518 114980 265922 228262 4047848 3820298 50000 35000 0 0 2255311 2369401 0 0 0 1721186 1892553 4026497 4296954 21351 -476656 7145735 7364597 739764 1434225 6405971 5930372 TO SERVE AS GREENSBORO, NORTH CAROLINA'S PRINCIPAL ECONOMIC AND COMMUNITY DEVELOPMENT ORGANIZATION. OUR GOAL IS TO STRATEGICALLY DEVELOP A VIBRANT COMMUNITY THAT CREATES, EXPANDS, AND ATTRACTS BUSINESS WHILE ADVANCING THE QUALITY OF LIFE FOR ALL. 0 0 ECONOMIC DEVELOPMENT: FOCUSES ON CREATING NEW JOBS AND NEW CAPITAL INVESTMENT, AS WELL AS FACILITATING WORKFORCE DEVELOPMENT INITIATIVES IN GREENSBORO AND GUILFORD COUNTY. IT MARKETS GREENSBORO NATIONALLY AND INTERNATIONALLY AS A DESTINATION FOR NEW ENTERPRISES WHILE HELPING EXISTING GREENSBORO AREA COMPANIES REMAIN AND EXPAND LOCALLY. MEMBER ENGAGEMENT: IS DEDICATED TO HELPING MEMBERS ACHIEVE SUCCESS THROUGH BUSINESS EDUCATION, LEADERSHIP TRAINING, ADVOCACY, MARKETING OPPORTUNITIES, AND UNIQUE BUSINESS RESOURCES. IT WORKS TO CULTIVATE A THRIVING BUSINESS ENVIRONMENT IN THE GREENSBORO AREA. LAUNCH GREENSBORO: ACCELERATES GROWTH FOR ENTREPRENEURS STARTING BUSINESSES IN THE GREENSBORO/TRIAD AREA BY PROVIDING EDUCATION, MENTORING, AND ACCESS TO CAPITAL. IT ACCOMPLISHES THIS THROUGH THREE PILLARS OF WORK: RESOURCES, EXPERTISE, AND COMMUNITY. 0 1 0 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 34 0 1 33 1 0 0 0 0 1 1 0 0 0 X 48 48 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 1 1 0 NC X SANDY POST 3363878300 111 W FEBRUARY ONE PLACE GREENSBORO NC 27401 SHERRI THOMAS CHAIR 2.00 X X 0 0 0 STAFFORD THOMPSON JR SECRETARY/TREASURER 2.00 X X 0 0 0 JIMMY ADAMS DIRECTOR 1.00 X 0 0 0 SUZY ADKINS DIRECTOR 1.00 X 0 0 0 MAME ANNAN-BROWN DIRECTOR 1.00 X 0 0 0 FORD BOWERS DIRECTOR 1.00 X 0 0 0 IVAN CANADA DIRECTOR 2.00 X 0 0 0 DAWN CHANEY DIRECTOR 1.00 X 0 0 0 TONY CLARKE DIRECTOR 1.00 X 0 0 0 BILL COLLINS DIRECTOR 1.00 X 0 0 0 GREG COX DIRECTOR 1.00 X 0 0 0 URSULA DUDLEY OGLESBY DIRECTOR 1.00 X 0 0 0 DAVID EDWARDS DIRECTOR 2.00 X 0 0 0 BETH FISCHER DIRECTOR 2.00 X 0 0 0 GEOFF FOSTER DIRECTOR 1.00 X 0 0 0 STACEY GREENE DIRECTOR 1.00 X 0 0 0 PRESTON HAMMOCK DIRECTOR 2.00 X 0 0 0 BRENT HAMPTON DIRECTOR 1.00 X 0 0 0 JADA HARRIS DIRECTOR 2.00 X 0 0 0 JARVIS HARRIS DIRECTOR 1.00 X 0 0 0 DOUG HASSMAN DIRECTOR 1.00 X 0 0 0 HANK HENNING DIRECTOR 1.00 X 0 0 0 ASHLEIGH JOHNSON DIRECTOR 1.00 X 0 0 0 RHONDA JOYCE DIRECTOR 1.00 X 0 0 0 NANCY KING QUAINTANCE DIRECTOR 2.00 X 0 0 0 CURT LADIG DIRECTOR 1.00 X 0 0 0 CC LAMBERTH DIRECTOR 2.00 X 0 0 0 WANDA LEA DIRECTOR 2.00 X 0 0 0 APRIL MASON DIRECTOR 1.00 X 0 0 0 SARA MILLARD DIRECTOR 1.00 X 0 0 0 MARTA MITCHELL DIRECTOR 1.00 X 0 0 0 MINDY OAKLEY DIRECTOR 2.00 X 0 0 0 WHITNEY OAKLEY DIRECTOR 1.00 X 0 0 0 LAURA PRATT DIRECTOR 1.00 X 0 0 0 KIM REED DIRECTOR 2.00 X 0 0 0 MARY RICE DIRECTOR 1.00 X 0 0 0 KARL ROBINSON DIRECTOR 1.00 X 0 0 0 KILEY SCHIFFMAN STORRS DIRECTOR 1.00 X 0 0 0 TONYA SMITH-JACKSON DIRECTOR 1.00 X 0 0 0 SUSAN SCHWARTZ DIRECTOR 1.00 X 0 0 0 CLIFFORD THOMPSON DIRECTOR 2.00 X 0 0 0 BRIAN VANNOY DIRECTOR 1.00 X 0 0 0 SUZANNE WALSH DIRECTOR 1.00 X 0 0 0 ANDY ZIMMERMAN DIRECTOR 1.00 X 0 0 0 SKIP ALSTON EX OFFICIO 1.00 X 0 0 0 MICHAEL HALFORD EX OFFICIO 2.00 X 0 0 0 TREY DAVIS III EX OFFICIO 2.00 X 0 0 0 CAROLANN TUCCIARONE EX OFFICIO 1.00 X 0 0 0 JAMES B CHRISTENSEN PRESIDENT/CEO 40.00 3.00 X 392879 0 29796 WILLIAM CHEEK EXECUTIVE VP OF LAUNCH GREENSBORO 40.00 X 125000 0 9556 TRACY MYERS EXECUTIVE VP OF MEMBER ENG 40.00 X 182799 0 11956 MARVIN PRICE EXECUTIVE VP OF ECONOMIC D 40.00 X 174685 0 17194 JACOB KEYS INCOMING VP, MARKETING & COMMUNICAT 40.00 X 46218 0 3426 MEGAN MABRY OUTGOING VP, MARKETING & COMMUNICAT 40.00 X 29170 0 2078 SANDRA POST CONTROLLER 40.00 X 134800 0 14905 1085551 0 88911 5 0 1 0 0 544305 1226695 1771000 MEMBERSHIP DUES 900099 876135 876135 PROGRAMS, PUBLICATIONS 900099 829921 829921 1706056 115676 115676 696 -696 -696 -696 ANNUAL DINNER 900099 125075 125075 MANAGEMENT FEE INCOME 900099 84000 84000 MISCELLANEOUS INCOME 900099 19187 19187 228262 3820298 1706056 0 343242 35000 1174462 887779 53481 111042 142637 1463 20200 86586 52903 64332 253594 13084 60772 33710 PROGRAM EXPENSES 663614 GENERAL AND ADMINISTRAT 333428 MARKETING 308867 4296954 489555 673168 2371883 2837187 4103749 3199738 43462 49143 313764 313764 0 0 15000 15000 122086 590361 7145735 7364597 461948 679437 155730 164427 122086 590361 739764 1434225 X 1822171 2544972 4583800 3385400 6405971 5930372 7145735 7364597 -476656 1057 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 876135 6250 6250 0 6250 20929 20929 0 292835 292835 0 0 OPERATING LEASE RIGHT OF USE ASSET 590361 590361 OPERATING LEASE LIABILITY 590361 590361 X PART X, LINE 2: IT IS THE CHAMBER'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A MORE-LIKELY-THAN-NOT THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND WHAT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE CONSOLIDATED FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023. 1 ACTION GREENSBORO 122 N ELM ST SUITE 110 GREENSBORO NC 27401 562251250 501(C)(3) 35000 0 TO SUPPORT CAMPUS GREENSBORO FELLOWS PROGRAM; TO SUPPORT THE MADE IN GREENSBORO INITIATIVE TO MARKET THE UNIQUE ASPECTS OF GREENSBORO 1 PART I, LINE 2: THE ORGANIZATION MADE A GRANT TO A RELATED TAX-EXEMPT ORGANIZATION. DUE TO THE RELATIONSHIP BETWEEN THE ORGANIZATIONS, NO FURTHER MONITORING IS CONSIDERED NECESSARY. IN ADDITION, THE ORGANIZATION MADE A GRANT TO A PRE-SELECTED LOCAL ORGANIZATION FOR GENERAL SUPPORT OF ITS PROGRAM. X X 1 1 X X X 0 0 0 JAMES B CHRISTENSEN PRESIDENT/CEO 287000 0 55720 0 50159 0 23990 0 5806 0 422675 0 0 0 TRACY MYERS EXECUTIVE VP OF MEMBER ENG 160000 0 10799 0 12000 0 11956 0 0 0 194755 0 0 0 MARVIN PRICE EXECUTIVE VP OF ECONOMIC D 142000 0 20685 0 12000 0 11388 0 5806 0 191879 0 0 0 PART I, LINE 1A THE ORGANIZATION PROVIDES A DISCRETIONARY AUTOMOBILE ALLOWANCE TO JAMES B. CHRISTENSEN, TRACY MYERS, AND MARVIN PRICE IN THE AMOUNT OF $12,000 AND SANDRA POST IN THE AMOUNT OF $4,800. ADDITIONALLY, JAMES B. CHRISTENSEN IS PROVIDED WITH A FRINGE BENEFIT MEMBERSHIP TO A COUNTRY CLUB IN THE AMOUNT OF $35,837. THESE AMOUNTS ARE REPORTED ON SCHEDULE J, PART II, COLUMN B(III). ALL OF THESE ITEMS ARE INCLUDED IN THE EMPLOYEES' W-2S. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S PRESIDENT/CEO, CONTROLLER, AND OTHER FINANCE COMMITTEE MEMBER(S) WILL REVIEW THE ORGANIZATION'S FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANNUALLY ANY CONFLICTS OF INTEREST THAT MAY EXIST. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION FOR TOP MANAGEMENT OF THE ORGANIZATION INCLUDES A REVIEW AND APPROVAL BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS WHICH CONSISTS OF INDEPENDENT PERSONS, AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE AVAILABLE TO THE GENERAL PUBLIC ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS. ACTION GREENSBORO PO BOX 3246 GREENSBORO NC 27402 562251250 CHARITY NC 501(C)(3) LINE 7 GREENSBORO AREA CHAMBER OF COMMERCE 1 GREENSBORO CHAMBER FOUNDATION PO BOX 3246 GREENSBORO NC 27402 237181435 CHARITY NC 501(C)(3) LINE 7 GREENSBORO AREA CHAMBER OF COMMERCE 1 FIRST LAUNCH CAPITAL FUND LLC PO BOX 3246 GREENSBORO NC 27402 824818444 INVESTMENTS NC N/A EXCLUDED -1057 9940 0 0 0.01360 0 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 ACTION GREENSBORO L 72000 CASH PAID ACTION GREENSBORO B 35000 CASH PAID ACTION GREENSBORO C 9700 CASH PAID GREENSBORO CHAMBER FOUNDATION C 16399 CASH PAID GREENSBORO CHAMBER FOUNDATION L 27700 CASH PAID GREENSBORO CHAMBER FOUNDATION B 1500 CASH PAID