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Nonprofit · EIN 56-0173610

CHARLOTTE REGIONAL BUSINESS ALLIANCE

Tax-exempt · CHARLOTTE, NC 28202

Financials

$8.7M$9M2023$8.4M$7.5M2024
Revenue Expenses · by fiscal year end
Financials of CHARLOTTE REGIONAL BUSINESS ALLIANCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$8,355,020$7,481,477$873,543$7,572,529$5,427,355$2,145,174
December 31, 2023990$8,689,923$9,033,387-$343,464$7,844,148$6,572,517$1,271,631
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$8,215,625
Investment income
$139,063
Other revenue
$332

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$709,321
Other salaries and wages
$2,370,965
Salaries, compensation and benefits (total)
$3,811,606
Professional fundraising fees
$0
Occupancy
$480,146
Travel
$468,363
Depreciation
$239,891

Balance sheet and other

Total assets, start of year
$7,844,148
Total assets, end of year
$7,572,529
Total liabilities, end of year
$5,427,355
Net assets, end of year
$2,145,174
Land, buildings and equipment
$1,206,654
Net assets without donor restrictions
$2,070,766
Net assets with donor restrictions
$74,408
Gross receipts
$8,355,020
Employees
37
Volunteers
380
Year formed
1915
State of legal domicile
NC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JANET LABARPRESIDENT & CEO THRU MAY 2024
Officer
40$541,877$23,225
KARI HACKETTCHIEF DEVELOPMENT & INVEST
Highest-paid employee
40$251,827$34,937
JOSEPH BOSTCHIEF ADVOCACY OFFICER
Highest-paid employee
40$224,449$51,561
JOAQUIN SORIACFO
Officer
40$228,262$39,869
ROBERT J HORTONCHIEF MARKETING OFFICER
Highest-paid employee
40$242,181$20,229
NATHANIEL HOGANPRESIDENT, CLT ALLIANCE FO
Highest-paid employee
1$221,947$30,508
TYWANDA BOLTONDIRECTOR OF SMALL BUSINESS AND ENTREPRENEURSHIP
Highest-paid employee
40$158,597$24,195
RANDY ALEXANDERDIRECTOR
Trustee or director
1$0$0
OLIVER BADGIODIRECTOR
Trustee or director
1$0$0
SHANNON BAGATODIRECTOR
Trustee or director
1$0$0
STEVE BAGWELLDIRECTOR
Trustee or director
1$0$0
TIM BAIERDIRECTOR
Trustee or director
1$0$0
SETH BENNETTDIRECTOR
Trustee or director
1$0$0
TARIQ BOKHARIDIRECTOR
Trustee or director
1$0$0
JENN BOSSERDIRECTOR
Trustee or director
1$0$0
84 more people on this return
NameTitleHours / weekCompensation
CHARLIS BROCKDIRECTOR
Trustee or director
1$0
JAKE BURNSDIRECTOR
Trustee or director
1$0
JOSH CHARLESWORTHDIRECTOR
Trustee or director
1$0
BILL CHRISTENSENDIRECTOR
Trustee or director
1$0
DERICK CLOSEDIRECTOR
Trustee or director
1$0
KEITH COCKRELLDIRECTOR
Trustee or director
1$0
KRISTI COLEMANDIRECTOR
Trustee or director
1$0
MALCOMB COLEYDIRECTOR
Trustee or director
1$0
KINNEIL COLTMANDIRECTOR
Trustee or director
1$0
ROD CRIDERDIRECTOR
Trustee or director
1$0
BOJAN CUKICDIRECTOR
Trustee or director
1$0
KANDI DEITEMEYERDIRECTOR
Trustee or director
1$0
DENA DIORIODIRECTOR
Trustee or director
1$0
BETTY DOSTERDIRECTOR
Trustee or director
1$0
GEORGE DUNLAPDIRECTOR
Trustee or director
1$0
SAAD EHTISHAMDIRECTOR
Trustee or director
1$0
STEVEN ENGLEHARTDIRECTOR
Trustee or director
1$0
KATHLEEN EVANSDIRECTOR
Trustee or director
1$0
TONI FARMER-THOMPSONDIRECTOR
Trustee or director
1$0
JOE FOSTERDIRECTOR
Trustee or director
1$0
CARLA FRENCHDIRECTOR
Trustee or director
1$0
GERALDINE GARDNERDIRECTOR
Trustee or director
1$0
KEN GILLDIRECTOR
Trustee or director
1$0
ALBERTO GONZALEZDIRECTOR
Trustee or director
1$0
BRETT GRAYDIRECTOR
Trustee or director
1$0
GEOFF GRAYDIRECTOR
Trustee or director
1$0
CHRIS GREENEDIRECTOR
Trustee or director
1$0
DENISE HALLETTDIRECTOR
Trustee or director
1$0
KEN HAYNESDIRECTOR
Trustee or director
1$0
DAVID HEADDIRECTOR
Trustee or director
1$0
REGINALD HENDERSONDIRECTOR
Trustee or director
1$0
THOMAS HERTLEINDIRECTOR
Trustee or director
1$0
MELISSA HLAVACDIRECTOR
Trustee or director
1$0
JULIE JANSONDIRECTOR
Trustee or director
1$0
MARCUS JONESDIRECTOR
Trustee or director
1$0
JENNA KELLYDIRECTOR
Trustee or director
1$0
DANA KILLIANDIRECTOR
Trustee or director
1$0
VALERIE KINLOCHDIRECTOR
Trustee or director
1$0
JEFF LEDFORDDIRECTOR
Trustee or director
1$0
DAVID LEEDIRECTOR
Trustee or director
1$0
CYNTHIA LIMADIRECTOR
Trustee or director
1$0
DANIEL LUGODIRECTOR
Trustee or director
1$0
MARINA LVOVICHDIRECTOR
Trustee or director
1$0
KAREN MATTIMOREDIRECTOR
Trustee or director
1$0
ERIC MAUNTELDIRECTOR
Trustee or director
1$0
MARISSA MICHAELSDIRECTOR
Trustee or director
1$0
TRACY MONTROSSDIRECTOR
Trustee or director
1$0
CHRISTOPHER MOXLEYDIRECTOR
Trustee or director
1$0
AMY MURPHY CURLISDIRECTOR
Trustee or director
1$0
DIANNE NEURAUTERDIRECTOR
Trustee or director
1$0
DEWEY NORWOOD JRDIRECTOR
Trustee or director
1$0
ZACH PANNIERDIRECTOR
Trustee or director
1$0
CHRIS PATERSONDIRECTOR
Trustee or director
1$0
BEN PICKETTDIRECTOR
Trustee or director
1$0
WALTER PRICEDIRECTOR
Trustee or director
1$0
ABBEY RAMPYDIRECTOR
Trustee or director
1$0
MIKE RIZERDIRECTOR
Trustee or director
1$0
PATRICIA RODGERSDIRECTOR
Trustee or director
1$0
JULIE ROPERDIRECTOR
Trustee or director
1$0
CARRIE RUDDYDIRECTOR
Trustee or director
1$0
JUSTIN RUTLEDGEDIRECTOR
Trustee or director
1$0
ALAN SAUBERDIRECTOR
Trustee or director
1$0
BROOKE SENTERDIRECTOR
Trustee or director
1$0
HUNTER SHULLDIRECTOR
Trustee or director
1$0
ADAM SHUMATEDIRECTOR
Trustee or director
1$0
MATT SIMMONSDIRECTOR
Trustee or director
1$0
DAVID SMITHDIRECTOR
Trustee or director
1$0
MICHAEL SMITHDIRECTOR
Trustee or director
1$0
KRISTERPHER SMITHDIRECTOR
Trustee or director
1$0
BRANDON SPEARSDIRECTOR
Trustee or director
1$0
MIKE TANKSLEYDIRECTOR
Trustee or director
1$0
BEN TARIODIRECTOR
Trustee or director
1$0
BRENT TOLLISONDIRECTOR
Trustee or director
1$0
LAURA ULLRICHDIRECTOR
Trustee or director
1$0
GREG WALTERDIRECTOR
Trustee or director
1$0
MARTHA WEGNERDIRECTOR
Trustee or director
1$0
SASHA WEINTRAUBDIRECTOR
Trustee or director
1$0
FRED WHITFIELDDIRECTOR
Trustee or director
1$0
ANDREA SMITHPRESIDENT, NON-VOTING
Trustee or director, Officer
40$0
ALISON SUMMERVILLEIMMEDIATE PAST CHAIR
Trustee or director, Officer
5$0
SHALANNA PIRTLESECRETARY & GENERAL COUNSEL, NON-VOTING
Trustee or director, Officer
3$0
EMILY PILLARSTREASURER
Trustee or director, Officer
2$0
DAVID LONGOCHAIR
Trustee or director, Officer
2$0
DAVE KATZ1ST VICE CHAIR
Trustee or director, Officer
2$0
990 for the year ended December 31, 2023: 106 people
NameTitleHours / weekCompensationOther / benefits
JANET LABARPRESIDENT & CEO
Officer
40$483,810$30,459
DANNY CHAVEZCHIEF BUSINESS RECRUITMENT OFFICER
Highest-paid employee
40$276,914$29,519
JOAQUIN SORIACFO
Officer
40$250,018$40,698
KARI HACKETTCHIEF DEVELOPMENT & INVESTOR RELATIONS
Highest-paid employee
40$246,674$36,740
ROBERT J HORTONCHIEF MARKETING OFFICER
Highest-paid employee
40$251,744$20,970
JOSEPH BOSTCHIEF ADVOCACY OFFICER
Highest-paid employee
40$194,079$47,889
NATHANIEL HOGANPRESIDENT, CLT ALLIANCE FOUNDATION
Highest-paid employee
1$189,711$14,863
RANDY ALEXANDERTRUSTEE
Trustee or director
1$0$0
OLIVER BADGIOTRUSTEE
Trustee or director
1$0$0
STEVE BAGWELLTRUSTEE
Trustee or director
1$0$0
TIM BAIERTRUSTEE
Trustee or director
1$0$0
SETH BENNETTTRUSTEE
Trustee or director
1$0$0
TARIQ BOKHARITRUSTEE
Trustee or director
1$0$0
JENN BOSSERTRUSTEE
Trustee or director
1$0$0
GREG BOULANGERTRUSTEE
Trustee or director
1$0$0
CHARLIS BROCKTRUSTEE
Trustee or director
1$0$0
JAKE BURNSTRUSTEE
Trustee or director
1$0$0
JOSH CHARLESWORTHTRUSTEE
Trustee or director
1$0$0
DERICK CLOSETRUSTEE
Trustee or director
1$0$0
KRISTI COLEMANTRUSTEE
Trustee or director
1$0$0
MALCOMB COLEYTRUSTEE
Trustee or director
1$0$0
KINNEIL COLTMANTRUSTEE
Trustee or director
1$0$0
ROD CRIDERTRUSTEE
Trustee or director
1$0$0
BOJAN CUKICTRUSTEE
Trustee or director
1$0$0
KANDI DEITEMEYERTRUSTEE
Trustee or director
1$0$0
DENA DIORIOTRUSTEE
Trustee or director
1$0$0
BETTY DOSTERTRUSTEE
Trustee or director
1$0$0
GEORGE DUNLAPTRUSTEE
Trustee or director
1$0$0
SAAD EHTISHAMTRUSTEE
Trustee or director
1$0$0
KATHLEEN EVANSTRUSTEE
Trustee or director
1$0$0
TONI FARMER-THOMPSONTRUSTEE
Trustee or director
1$0$0
LEE FITETRUSTEE
Trustee or director
1$0$0
JOE FOSTERTRUSTEE
Trustee or director
1$0$0
CARLA FRENCHTRUSTEE
Trustee or director
1$0$0
GERALDINE GARDNERTRUSTEE
Trustee or director
1$0$0
ALBERTO GONZALEZTRUSTEE
Trustee or director
1$0$0
GEOFF GRAYTRUSTEE
Trustee or director
1$0$0
BRETT GRAYTRUSTEE
Trustee or director
1$0$0
CHRIS GREENETRUSTEE
Trustee or director
1$0$0
DENISE HALLETTTRUSTEE
Trustee or director
1$0$0
KEVIN HARTTRUSTEE
Trustee or director
1$0$0
KEN HAYNESTRUSTEE
Trustee or director
1$0$0
DAVID HEADTRUSTEE
Trustee or director
1$0$0
REGINALD HENDERSONTRUSTEE
Trustee or director
1$0$0
THOMAS HERTLEINTRUSTEE
Trustee or director
1$0$0
DONNY HICKSTRUSTEE
Trustee or director
1$0$0
MELISSA HLAVACTRUSTEE
Trustee or director
1$0$0
WATTS HUCKABEETRUSTEE
Trustee or director
1$0$0
JULIE JANSONTRUSTEE
Trustee or director
1$0$0
PAT JONESTRUSTEE
Trustee or director
1$0$0
MARCUS JONESTRUSTEE
Trustee or director
1$0$0
JENNA KELLYTRUSTEE
Trustee or director
1$0$0
DANA KILLIANTRUSTEE
Trustee or director
1$0$0
VALERIE KINLOCHTRUSTEE
Trustee or director
1$0$0
JEFF LEDFORDTRUSTEE
Trustee or director
1$0$0
DAVID LEETRUSTEE
Trustee or director
1$0$0
CYNTHIA LIMATRUSTEE
Trustee or director
1$0$0
CAROL LOVINTRUSTEE
Trustee or director
1$0$0
DANIEL LUGOTRUSTEE
Trustee or director
1$0$0
MARINA LVOVICHTRUSTEE
Trustee or director
1$0$0
KAREN MATTIMORETRUSTEE
Trustee or director
1$0$0
ERIC MAUNTELTRUSTEE
Trustee or director
1$0$0
MARISSA MICHAELSTRUSTEE
Trustee or director
1$0$0
TRACY MONTROSSTRUSTEE
Trustee or director
1$0$0
CHRISTOPHER MOXLEYTRUSTEE
Trustee or director
1$0$0
AMY MURPHY CURLISTRUSTEE
Trustee or director
1$0$0
DIANNE NEURAUTERTRUSTEE
Trustee or director
1$0$0
DEWEY NORWOOD JRTRUSTEE
Trustee or director
1$0$0
ZACH PANNIERTRUSTEE
Trustee or director
1$0$0
CHRIS PATERSONTRUSTEE
Trustee or director
1$0$0
BEN PICKETTTRUSTEE
Trustee or director
1$0$0
EMILY PILLARSTRUSTEE
Trustee or director
1$0$0
WALTER PRICETRUSTEE
Trustee or director
1$0$0
KERR PUTNEYTRUSTEE
Trustee or director
1$0$0
ABBEY RAMPYTRUSTEE
Trustee or director
1$0$0
MIKE RIZERTRUSTEE
Trustee or director
1$0$0
PATRICIA RODGERSTRUSTEE
Trustee or director
1$0$0
JULIE ROPERTRUSTEE
Trustee or director
1$0$0
CARRIE RUDDYTRUSTEE
Trustee or director
1$0$0
JUSTIN RUTLEDGETRUSTEE
Trustee or director
1$0$0
ALAN SAUBERTRUSTEE
Trustee or director
1$0$0
BROOKE SENTERTRUSTEE
Trustee or director
1$0$0
HUNTER SHULLTRUSTEE
Trustee or director
1$0$0
ADAM SHUMATETRUSTEE
Trustee or director
1$0$0
KRISTERPHER SMITHTRUSTEE
Trustee or director
1$0$0
DAVID SMITHTRUSTEE
Trustee or director
1$0$0
MICHAEL SMITHTRUSTEE
Trustee or director
1$0$0
BRANDON SPEARSTRUSTEE
Trustee or director
1$0$0
MIKE TANKSLEYTRUSTEE
Trustee or director
1$0$0
BEN TARIOTRUSTEE
Trustee or director
1$0$0
BRENT TOLLISONTRUSTEE
Trustee or director
1$0$0
SOLANGE TRICANOWICZTRUSTEE
Trustee or director
1$0$0
JENNIFER TROYERTRUSTEE
Trustee or director
1$0$0
LAURA ULLRICHTRUSTEE
Trustee or director
1$0$0
GREG WALTERTRUSTEE
Trustee or director
1$0$0
MARTHA WEGNERTRUSTEE
Trustee or director
1$0$0
SASHA WEINTRAUBTRUSTEE
Trustee or director
1$0$0
FRED WHITFIELDTRUSTEE
Trustee or director
1$0$0
LAURA YATES CLARKTRUSTEE
Trustee or director
1$0$0
TEROSS YOUNGTRUSTEE
Trustee or director
1$0$0
ALISON SUMMERVILLECHAIR
Trustee or director, Officer
5$0$0
SHALANNA PIRTLESECRETARY & GENERAL COUNSEL
Trustee or director, Officer
3$0$0
KIETH COCKRELLIMMEDIATE PAST CHAIR
Trustee or director, Officer
2$0$0
JOHN GIANNUZZITREASURER
Trustee or director, Officer
2$0$0
DAVID LONGO1ST VICE CHAIR
Trustee or director, Officer
2$0$0
DAVE KATZ2ND VICE CHAIR
Trustee or director, Officer
2$0$0

Address and contacts

Address (IRS master file)
PO BOX 20103, CHARLOTTE, NC 28202-0027
In care of
% HR AMERICA
Principal officer (990 for 2024)
JOAQUIN SORIA, PO BOX 20103, CHARLOTTE, NC 28202
Signed the 990
JOAQUIN SORIA, CFO
Phone
(704) 378-1324
Return prepared by
ELLIOTT DAVIS PLLC

Mission

COLLABORATE TO PROMOTE AND ADVANCE THE CHARLOTTE REGION, CREATING OPPORTUNITY, ECONOMIC GROWTH AND PROSPERITY FOR ALL.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ALLIANCE'S GUIDING PRINCIPLES ARE:(1) SERVING AS THE VOICE FOR THE BUSINESS COMMUNITY;(2) GROWING ECONOMIC DIVERSITY AND SUSTAINABILITY THROUGH DIRECT RECRUITMENT, RETENTION AND RE-DEVELOPMENT;(3) CREATING FERTILE GROUND AND COMMUNICATING A BUSINESS FRIENDLY ENVIRONMENT THAT ATTRACTS AND RETAINS NEW AND EMERGING BUSINESSES;(4) PROVIDING EDUCATIONAL, NETWORKING AND BUSINESS GROWTH OPPORTUNITIES FOR ALL MEMBERS; AND, (5) COLLABORATING OPENLY AND CLOSELY WITH INVESTORS AND BOARD LEADERSHIP, BUSINESS, COMMUNITY PARTNERS AND GOVERNMENT LEADERS.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
56-0173610
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1953
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$7,572,529
Income (IRS master file)
$8,355,020

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$8,355,020$7,481,477$7,572,529IRS
990December 2023$8,689,923$9,033,387$7,844,148XML
990December 2022$7,911,848$9,290,991$8,771,873IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-0173610).

Questions about CHARLOTTE REGIONAL BUSINESS ALLIANCE

What is the EIN of CHARLOTTE REGIONAL BUSINESS ALLIANCE?
The employer identification number (EIN) of CHARLOTTE REGIONAL BUSINESS ALLIANCE is 56-0173610.
Is CHARLOTTE REGIONAL BUSINESS ALLIANCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1953.
Are donations to CHARLOTTE REGIONAL BUSINESS ALLIANCE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does CHARLOTTE REGIONAL BUSINESS ALLIANCE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CHARLOTTE REGIONAL BUSINESS ALLIANCE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CHARLOTTE REGIONAL BUSINESS ALLIANCE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CHARLOTTE REGIONAL BUSINESS ALLIANCE?
The 990 for the year ended December 31, 2024 names JOAQUIN SORIA.
Who are the officers and directors of CHARLOTTE REGIONAL BUSINESS ALLIANCE?
The 990 for the year ended December 31, 2024 lists 99 people; 7 received compensation from the organization, the highest $541,877 (JANET LABAR, PRESIDENT & CEO THRU MAY 2024).
How much revenue does CHARLOTTE REGIONAL BUSINESS ALLIANCE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $8,355,020, expenses of $7,481,477 and total assets of $7,572,529 at year end.

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