Greater Raleigh Chamber Of Commerce Community Development Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 561482355 ✦ Raleigh, NC ✦ Designated as a 501(c)(3)

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Overview

What is Greater Raleigh Chamber Of Commerce Community Development Foundation?

The Greater Raleigh Chamber of Commerce Community Development Foundation is a nonprofit organization committed to fostering civic improvement and economic growth. They achieve this goal through diverse programs such as the Research Triangle Regional Partnership - Edge Program and the Wake County Education Partnership. These initiatives aim to enhance the region's overall development and education sector, contributing positively to the community.


Official website here: www.raleighchamber.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%, Four-Star out of Four Star rating. The Greater Raleigh Chamber Of Commerce Community Development Foundation has achieved an impressive score of 96%, reflecting strong performance in accountability and finance. This high rating indicates that the organization effectively manages its resources and adheres to best practices in financial oversight.

One of the standout strengths of this nonprofit is its governance structure, with a fully independent board comprising 19 members. This independence ensures unbiased decision-making and a commitment to transparency, as evidenced by their comprehensive policies on conflict of interest, whistleblower protections, and document retention. Additionally, the organization has no material diversion of assets, further reinforcing its integrity.

Despite its strengths, all feedback and data presented focus primarily on the organizational governance and financial health, without detailed insight into programmatic outcomes or community impact. As a result, while the financial metrics are strong, potential donors and supporters may seek more information on the foundation's specific projects and their effectiveness in driving community development.


This AI summary has been generated from information found on Charity Navigator.

Is Greater Raleigh Chamber Of Commerce Community Development Foundation legitimate?

Greater Raleigh Chamber Of Commerce Community Development Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Raleigh Chamber Of Commerce Community Development Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.raleighchamber.org

What is the mission statement of Greater Raleigh Chamber Of Commerce Community Development Foundation?

The Greater Raleigh Chamber of Commerce Community Development Foundation is committed to fostering civic improvement and economic growth in the community. They accomplish this goal through various initiatives, such as the Research Triangle Regional Partnership - Edge Program and the Wake County Education Partnership. These programs are designed to contribute to the betterment of the community and stimulate economic development. The foundation's activities are geared towards promoting a thriving and prosperous community, with a focus on collaborative programs and partnerships.


Official website here: www.raleighchamber.org

Who is the CEO of Greater Raleigh Chamber Of Commerce Community Development Foundation?

Adrienne H Cole is the Chairman of Greater Raleigh Chamber Of Commerce Community Development Foundation.


Official website here: www.raleighchamber.org

What is the revenue of Greater Raleigh Chamber Of Commerce Community Development Foundation?

Greater Raleigh Chamber Of Commerce Community Development Foundation's revenue in 2022 was $574,129.


Official website here: www.raleighchamber.org

Who are the executives of Greater Raleigh Chamber Of Commerce Community Development Foundation and what are their salaries?

There 19 volunteers at Greater Raleigh Chamber Of Commerce Community Development Foundation.


Here are 25 key members and their salaries:


Kevin Howell (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Cahill (Chair-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
O'Hara Macken (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Hansen (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Delisa Alexander (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Greene (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Tyler Jones (General Counsel)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lee Anne Nance (Vice Chair, Economic Dev.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julia Wright (Vice Chair, Government Aff)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Wilkins (Vice Chair Of Campaign)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Parquet (Vice Chair Of Diversity, E)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Widen (Vice Chair, Innovation Ral)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Chambers (Vice Chair, Membership Eng)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Davis (Vice Chair, Communications)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ernie Bovio (At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Humphrey (At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Mclaughlin (At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Royal (At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sophia Wajnert (At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adrienne Cole (President)
  • Compensation: $0
  • Related: $338,741
  • Other: $30,500
Jim White (Controller)
  • Compensation: $0
  • Related: $151,409
  • Other: $15,141
Michael Haley (Senior Vp Of Econ. Dev.)
  • Compensation: $0
  • Related: $179,363
  • Other: $17,936
Janet Potter (General Mgr./Senior Vp)
  • Compensation: $0
  • Related: $184,557
  • Other: $18,456
Joe Milazzo Ii (Executive Director)
  • Compensation: $0
  • Related: $175,732
  • Other: $17,573
Evelyn Lucas (Relationship Manager)
  • Compensation: $0
  • Related: $125,602
  • Other: $12,560


Official website here: www.raleighchamber.org

Where can I find the form 990 for Greater Raleigh Chamber Of Commerce Community Development Foundation?

Greater Raleigh Chamber Of Commerce Community Development Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.raleighchamber.org

Learn more at the official website: www.raleighchamber.org

Mission Statement of Greater Raleigh Chamber Of Commerce Community Development Foundation

The Greater Raleigh Chamber of Commerce Community Development Foundation is dedicated to fostering civic improvement and economic growth in the community. To achieve this mission, they engage in various initiatives such as the Research Triangle Regional Partnership - Edge Program and the Wake County Education Partnership.

Through the Research Triangle Regional Partnership - Edge Program, the foundation works towards promoting economic development by attracting and retaining businesses in the region. This program likely involves strategic planning, networking, and collaborations with local businesses and government entities.

On the other hand, the Wake County Education Partnership is a program that focuses on civic betterment by enhancing education. The specifics of this program are not provided, but it can be inferred that it aims to improve educational opportunities and outcomes for the local community, potentially through partnerships with schools, educators, and other relevant organizations.

In summary, the Greater Raleigh Chamber of Commerce Community Development Foundation plays a vital role in the community by promoting economic development and civic betterment. They accomplish this through initiatives like the Research Triangle Regional Partnership - Edge Program and the Wake County Education Partnership, which likely involve strategic partnerships, business attraction, and educational enhancement.

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Impact




July, 2024

The Greater Raleigh Chamber of Commerce Community Development Foundation's impact is improving the community and fostering economic development through initiatives such as the Research Triangle Regional Partnership - Edge Program and the Wake County Education Partnership. By promoting civic betterment and economic growth, this organization actively contributes to the enhancement of the local area in Raleigh, NC.




This information is meant to be a general summary of Greater Raleigh Chamber Of Commerce Community Development Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$574,129 (2022)
Expenses
$426,486 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $175
  • Program Service Revenue: $126,880
  • Gross Receipts: $574,129

Assets and Liabilities:

  • Total Assets: $605,220
  • Total Liabilities: $0
  • Net Assets: $605,220

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LEADERSHIP RALEIGH

Revenue

$126,880

Organization Details

Founding Year

1984

Principal Officer

Adrienne H Cole

Main Address

800 S SALISBURY STREET, RALEIGH, NC, 276012202

NTEE Category

Code: S31 - Community improvement

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