Nonprofit · EIN 56-0340499
NORTH CAROLINA CHAMBER
Tax-exempt · RALEIGH, NC 27607
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $7,084,129 | $7,790,931 | -$706,802 | $7,085,816 | $2,560,921 | $4,524,895 |
| December 31, 2023 | 990 | $6,356,101 | $5,848,673 | $507,428 | $7,773,511 | $4,668,101 | $3,105,410 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,389,363
- Program service revenue
- $5,537,642
- Investment income
- $136,894
- Net rental income
- $18,000
- Net gain from sales of assets
- -$24,276
- Other revenue
- $20,230
Expenses
- Grants and similar amounts paid
- $13,500
- Compensation of officers, directors and key employees
- $1,649,866
- Other salaries and wages
- $1,773,358
- Salaries, compensation and benefits (total)
- $3,840,803
- Professional fundraising fees
- $0
- Legal fees
- $51,713
- Accounting fees
- $65,117
- Occupancy
- $450,542
- Travel
- $45,554
- Depreciation
- $80,656
Balance sheet and other
- Total assets, start of year
- $7,812,957
- Total assets, end of year
- $7,085,816
- Total liabilities, end of year
- $2,560,921
- Net assets, end of year
- $4,524,895
- Land, buildings and equipment
- $248,645
- Publicly traded securities
- $3,288,678
- Net assets without donor restrictions
- $4,524,895
- Gross receipts
- $7,108,405
- Employees
- 43
- Volunteers
- 43
- Year formed
- 1942
- 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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GARY SALAMIDO | PRESIDENT AND CEO Trustee or director, Officer | 34.5 | $448,754 | $23,346 |
| RAY STARLING | GENERAL COUNCIL/PRESIDENT, NC CHAMBER LEGAL INSTIT Key employee | 30 | $339,229 | $22,484 |
| MEREDITH ARCHIE | SENIOR VP OF EXTERNAL AFFAIRS/PRESIDENT FOUNDATION Key employee | 36.5 | $206,632 | $17,552 |
| JAKE CASHION | VICE PRESIDENT OF GOVERNMENT AFFAIRS Key employee | 35 | $196,252 | $18,573 |
| BETH SHORE | VICE PRESIDENT OF MEMBER ENGAGMENT Key employee | 37.5 | $186,632 | $7,813 |
| KATE PAYNE | VICE PRESIDENT OF COMMUNICATIONS Key employee | 36.5 | $165,162 | $17,437 |
| JAKE SIPE | DIRECTOR OF MEMBER RELATIONS Highest-paid employee | 37.5 | $143,893 | $15,868 |
| DEBRA DERR | DIRECTOR OF GOVERNMENT AFFAIRS Highest-paid employee | 37.5 | $124,633 | $15,380 |
| EMILIA BOYETTE | ASSOCIATE VICE PRESIDENT OF EXTERNAL AFFAIRS Highest-paid employee | 35 | $129,544 | $6,813 |
| VINCENT GINSKI | DIRECTOR OF WORKFORCE COMPETITIVENESS Highest-paid employee | 37.5 | $120,183 | $10,215 |
| MARK COGGINS | SENIOR DIRECTOR OF GOVERNMENT AFFAIRS Highest-paid employee | 35 | $110,720 | $14,975 |
| JENNIFER ALLEN | MEMBER Trustee or director | 1 | $0 | $0 |
| ED FRITSCH | MEMBER Trustee or director | 1 | $0 | $0 |
| CALVIN CROSSLIN | MEMBER Trustee or director | 1 | $0 | $0 |
| JAMES BANNER | MEMBER Trustee or director | 1 | $0 | $0 |
39 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DONALD GINTZIG | MEMBER Trustee or director | 1 | $0 |
| CURT LADIG | MEMBER Trustee or director | 1 | $0 |
| CHAD EATON | MEMBER Trustee or director | 1 | $0 |
| DEREK STEED | CHAIR Trustee or director | 1 | $0 |
| DON HORTON | MEMBER Trustee or director | 1 | $0 |
| TUNDE SOTUNDE | EXECUTIVE COMMITEE Trustee or director | 1 | $0 |
| JOHN WARD | MEMBER Trustee or director | 1 | $0 |
| BRIAN HEALY | MEMBER Trustee or director | 1 | $0 |
| COLLIS JONES | MEMBER Trustee or director | 1 | $0 |
| JIM HANSEN | EXECUTIVE COMMITEE Trustee or director | 1 | $0 |
| CHRIS SMITH | EXECUTIVE COMMITTEE Trustee or director | 1 | $0 |
| BRIAN GREGORY | MEMBER Trustee or director | 1 | $0 |
| TREY RABON | MEMBER Trustee or director | 1 | $0 |
| TYLER BURR | MEMBER Trustee or director | 1 | $0 |
| JENNIFER RICHMOND | MEMBER Trustee or director | 1 | $0 |
| TODD HALL | MEMBER Trustee or director | 1 | $0 |
| CHARMAINE RIGGINS | EXECUTIVE COMMITTEE Trustee or director | 1 | $0 |
| LAURA BUNN | DIRECTOR Trustee or director, Officer | 1 | $0 |
| JAY JANDRAIN | MEMBER Trustee or director | 1 | $0 |
| RANDALL RAMSAY | MEMBER Trustee or director | 1 | $0 |
| BRAD JONES | MEMBER Trustee or director | 1 | $0 |
| JOSEPH BRANNAN | EXECUTIVE COMMITEE Trustee or director | 1 | $0 |
| SEPIDEH SAIDI | PAST CHAIR Trustee or director | 1 | $0 |
| KENDAL BOWMAN | EXECUTIVE COMMITEE Trustee or director | 1 | $0 |
| BRENT CHRISTENSEN | MEMBER Trustee or director | 1 | $0 |
| JAMES SILLS | EXECUTIVE COMMITEE Trustee or director | 1 | $0 |
| BRANDI LANGFORD | MEMBER Trustee or director | 1 | $0 |
| REGINALD HENDERSON | MEMBER Trustee or director | 1 | $0 |
| LILYN HESTER | MEMBER Trustee or director | 1 | $0 |
| LEE FITE | MEMBER Trustee or director | 1 | $0 |
| RUSTY HARRIS | EXECUTIVE COMMITEE Trustee or director | 1 | $0 |
| BILL CECIL | MEMBER Trustee or director | 1 | $0 |
| SHAWN HARDING | MEMBER Trustee or director | 1 | $0 |
| STEWART LEETH | MEMBER Trustee or director | 1 | $0 |
| MICHAEL WALDRUM | MEMBER Trustee or director | 1 | $0 |
| JAMES HANSEN | EXECUTIVE COMMITTEE Trustee or director, Officer | 1 | $0 |
| JULE SMITH | OFFICER Trustee or director, Officer | 1 | $0 |
| DEREK B STEED | IMMEDIATE PAST CHAIR Trustee or director, Officer | 1 | $0 |
| JANEL POUGH | SECRETARY Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 52 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GARY SALAMIDO | PRESIDENT/CE Trustee or director, Officer | 34.5 | $688,383 | $22,735 |
| RAYMOND STARLING | GENERAL COUN Key employee | 30 | $319,328 | $21,906 |
| BETH SHORE | VP OF BUSINE Key employee | 37.5 | $201,430 | $17,607 |
| KATE PAYNE | VP OF COMMUN Key employee | 36.5 | $182,598 | $16,975 |
| MEREDITH ARCHIE | FOUNDATION P Key employee | 1 | $182,725 | $16,779 |
| JAKE SIPE | SENIOR RELAT Highest-paid employee | 37.5 | $134,177 | $14,542 |
| DEBRA DERR | DIRECTOR GOV Highest-paid employee | 37.5 | $126,213 | $14,399 |
| MICHELA RAMOS | MEMBER RELAT Highest-paid employee | 37.5 | $119,253 | $13,483 |
| VINCENT GINSKI | WORKFORCE DI Highest-paid employee | 37.5 | $115,442 | $12,949 |
| AMY FOWLER | VP OF FINANC Highest-paid employee | 30 | $118,136 | $10,019 |
| JENNIFER ALLEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES BANNER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LYNN BAXTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KENDAL BOWMAN | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| JANEL BOYD | SECRETARY Trustee or director | 1 | $0 | $0 |
| JOE BRANNAN | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| LAURA BUNN | TREASURER Trustee or director | 1 | $0 | $0 |
| TYLER BURR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KRIS CARROLL | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| BRENT CHRISTENSEN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LEE FITE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EDWARD J FRITSCH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| REAR ADMIRAL DONALD GINTZIG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRIAN GREGORY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TODD HALL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JIM HANSEN | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| SHAWN HARDING | DIRECTOR Trustee or director | 1 | $0 | $0 |
| D RUSSELL HARRIS | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| BRIAN HEALY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PAULA HENDERSON | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| REGINALD B HENDERSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LILYN HESTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES C WHITEHURST III | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAMES H SILLS III | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| JAY JANDRAIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRAD JONES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| COLLIS JONES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLIAM A CECIL JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CURT R LADIG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| STEWART T LEETH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TREY RABON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RANDALL RAMSEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JENNIFER RICHMOND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHARMAINE RIGGINS | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| SEPIDEH SAIDI | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| CHRISTOPHER G SMITH | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| JULE SMITH | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DR TUNDE SOTUNDE | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
| DEREK B STEED | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DR MICHAEL WALDRUM | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN W WARD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID H WEAVER | EXECUTIVE CO Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 701 CORPORATE CENTER DRIVE SUITE 27, RALEIGH, NC 27607-5084
- Principal officer (990 for 2024)
- GARY J SALAMIDO, 701 CORPORATE CENTER DR SUITE 275, RALEIGH, NC 27607
- Signed the 990
- GARY J SALAMIDO, PRESIDENT AND CEO
- Phone
- (919) 836-1403
- Website
- HTTPS://NCCHAMBER.COM/
- Return prepared by
- THOMAS JUDY & TUCKER PA
Mission
THE ORGANIZATION IS A PROACTIVE, NONPARTISAN 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 FORWARDLOOKING, PROACTIVE ROLE ON ISSUES THAT WILL POSITIVELY IMPACT THE STATE'S BUSINESS CLIMATE AND QUALITY OF LIFE.
Program accomplishments
- POLITICAL PROGRAM- PROGRAM THAT ANALYZES AND SHAPES THE POLITICAL LANDSCAPE TO MAKE CHANGE POSSIBLE BY DESIGNATING JOBS CHAMPIONS & JOBS ADVOCATES IN THE GENERAL ASSEMBLY.Expenses $2,269,448 · grants $13,500
- ADVOCACY- REPRESENTATION BEFORE LEGISLATIVE BODIES AS WELL AS ATTENDING HEARINGS TO UNDERSTAND PROPOSED LEGISLATION AND ADVOCATE FOR THE POLICIES THAT MOVE THE STATE FORWARD.Expenses $1,507,467
- MEMBERSHIP SERVICES- DEVELOPING RELATIONSHIPS WITH MEMBERS TO UNDERSTAND THEIR BUSINESS CONCERNS AND COMMUNICATE RELEVANT INFORMATION INCLUDING POTENTIAL LAW CHANGES THAT AFFECT THEIR BUSINESS.Expenses $1,082,695
- EDUCATION & AWARENESS- SEMINARS REGARDING AREAS OF INTEREST AND TRENDING ISSUES HELD FOR MEMBERS AND GENERAL PUBLIC FOR PURPOSES OF EDUCATING AND INFORMING.Expenses $959,180
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 56-0340499
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $7,085,816
- Income (IRS master file)
- $7,108,405
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $7,084,129 | $7,790,931 | $7,085,816 | IRS |
| 990 | December 2023 | $6,356,101 | $5,848,673 | $7,773,511 | XML |
| 990 | December 2022 | $7,442,625 | $7,742,130 | $7,475,778 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 56-0340499).
Questions about NORTH CAROLINA CHAMBER
- What is the EIN of NORTH CAROLINA CHAMBER?
- The employer identification number (EIN) of NORTH CAROLINA CHAMBER is 56-0340499.
- Is NORTH CAROLINA CHAMBER tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1995.
- Are donations to NORTH CAROLINA CHAMBER tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NORTH CAROLINA CHAMBER 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 NORTH CAROLINA CHAMBER 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 NORTH CAROLINA CHAMBER 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 NORTH CAROLINA CHAMBER?
- The 990 for the year ended December 31, 2024 names GARY J SALAMIDO.
- Who are the officers and directors of NORTH CAROLINA CHAMBER?
- The 990 for the year ended December 31, 2024 lists 54 people; 11 received compensation from the organization, the highest $448,754 (GARY SALAMIDO, PRESIDENT AND CEO).
- How much revenue does NORTH CAROLINA CHAMBER have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $7,084,129, expenses of $7,790,931 and total assets of $7,085,816 at year end.
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