Overview
What is North Carolina Chamber Foundation?
The North Carolina Chamber Foundation is a non-partisan, pro-business organization based in Raleigh, North Carolina. With a focus on enhancing the state's business climate, workforce development, and quality of life, they aim to stimulate job growth and secure North Carolina's future. They accomplish this by researching and analyzing factors that contribute to a favorable business environment and disseminating their findings to the business community and the general public. The foundation does not engage in making legislative recommendations or contacting elected officials for the purpose of influencing legislation, but instead promotes social welfare in North Carolina through education and instruction. Some of their initiatives include driving the implementation of North Carolina Vision 2030, a plan for accelerating job growth, and promoting accountability, transparency, and clear metrics for measuring progress in various aspects of the state's development.
What are the reviews and ratings of this charity?
Charity Navigator Rating 94% - Four-Star out of Four Star rating
The North Carolina Chamber Foundation has achieved a commendable Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. This rating is based entirely on their performance in accountability and finance, where they scored an impressive 94%. This indicates that the organization is effectively managing its resources and is committed to transparency in its operations.
One of the foundation's notable strengths is its governance structure, with 92% of its board members being independent. This independence enhances the organization's ability to operate without conflicts of interest. Additionally, the foundation has established comprehensive policies, including conflict of interest, whistleblower, and document retention policies, all of which contribute to its strong governance framework.
However, while the foundation scores highly on accountability and finance, users looking for information on its programs and impact may find less detailed feedback in the data provided. Overall, the North Carolina Chamber Foundation stands out for its strong financial management and commitment to transparency, although further insights into its programmatic outcomes would enhance the understanding of its overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is North Carolina Chamber Foundation legitimate?
North Carolina Chamber Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Carolina Chamber 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
What is the mission statement of North Carolina Chamber Foundation?
The North Carolina Chamber Foundation aims to promote social welfare within its state and for its citizens. It does this by investigating, studying, and researching factors that enhance the business climate, workforce development, and quality of life. The organization identifies prospects for the creation and retention of jobs, and educates the business community and general public by disseminating and publishing the knowledge gained from these activities. Notably, the foundation does not involve itself in making legislative recommendations, preparing prospective legislation, or contacting legislators or elected officials to influence legislation.
Who is the CEO of North Carolina Chamber Foundation?
Gary J Salamido is the Board Member of North Carolina Chamber Foundation.
What is the revenue of North Carolina Chamber Foundation?
North Carolina Chamber Foundation's revenue in 2022 was -$12,968.
Who are the executives of North Carolina Chamber Foundation and what are their salaries?
There 13 volunteers at North Carolina Chamber Foundation.
Here are 16 key members and their salaries:
- Compensation: $0
- Related: $493,815
- Other: $25,642
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- Related: $177,596
- Other: $16,449
- Compensation: $0
- Related: $115,979
- Other: $11,030
- Compensation: $0
- Related: $77,612
- Other: $11,867
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Where can I find the form 990 for North Carolina Chamber Foundation?
North Carolina Chamber Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of North Carolina Chamber Foundation
The North Carolina Chamber Foundation, a nonpartisan organization, is dedicated to improving the social welfare of North Carolina and its citizens. By conducting research, analyzing various factors, and studying the business climate, workforce development, and quality of life in the state, the organization aims to create and retain employment opportunities for the state's citizens.
In a proactive approach, the North Carolina Chamber Foundation disseminates and publishes the knowledge gained from its activities, educating and informing the business community and the general public. However, it does not engage in making legislative recommendations, preparing prospective legislation, or contacting legislators or other elected officials for the purpose of influencing legislation. This ensures an unbiased and neutral approach in its mission to promote the well-being of North Carolina and its people.
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Impact
June, 2024
The North Carolina Chamber Foundation's impact is felt through its proactive delivery of pro-business solutions for North Carolina's most challenging economic hurdles. By driving the implementation of "North Carolina Vision 2030 - A Plan for Accelerating Job Growth and Securing North Carolina's Future," developed in collaboration with top business leaders and key stakeholders, the foundation works to produce meaningful outcomes. It aims to promote accountability, transparency, and clear metrics to measure progress, accessible to a wide range of stakeholders. Overall, the foundation plays a pivotal role in enhancing the business climate, developing the workforce, and improving the quality of life in North Carolina.
This information is meant to be a general summary of North Carolina Chamber 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$292,468
- Gross Receipts: $2,736,191
Assets and Liabilities:
- Total Assets: $3,636,911
- Total Liabilities: $315,643
- Net Assets: $3,321,268
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Organization Details
Founding Year
1995
Phone
(919) 836-1400Principal Officer
Gary J Salamido
Main Address
701 CORPORATE CENTER DRIVE STE 275, RALEIGH, NC, 27607
NTEE Category
Code: F21 - Mental health
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