Nonprofit · EIN 56-1482355
GREATER RALEIGH CHAMBER OF COMMERCE COMMUNITY DEVELOPMENT FOUNDATION
Tax-exempt · RALEIGH, NC 27601
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $924,260 | $767,443 | $156,817 | $1,451,661 | $709,649 | $742,012 |
| September 30, 2024 | 990 | $905,378 | $817,479 | $87,899 | $977,857 | $392,662 | $585,195 |
| September 30, 2023 | 990 | $619,235 | $605,431 | $13,804 | $814,171 | $316,875 | $497,296 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $437,651
- Program service revenue
- $471,854
- Investment income
- $14,755
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $129,410
- Other salaries and wages
- $241,520
- Salaries, compensation and benefits (total)
- $241,520
- Professional fundraising fees
- $0
- Accounting fees
- $1,000
- Travel
- $2,887
- Program services (functional)
- $729,554
- Management and general (functional)
- $37,889
Balance sheet and other
- Total assets, start of year
- $977,857
- Total assets, end of year
- $1,451,661
- Total liabilities, end of year
- $709,649
- Net assets, end of year
- $742,012
- Net assets without donor restrictions
- $179,666
- Net assets with donor restrictions
- $562,346
- Gross receipts
- $924,260
- Employees
- 0
- Volunteers
- 20
- Year formed
- 1984
- 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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ADRIENNE COLE | PRESIDENT & CEO Officer | 8 | $0 | $397,578 | $35,000 |
| MICHAEL HALEY | SENIOR VP OF ECON. DEV. Highest-paid employee | 5 | $0 | $196,041 | $19,604 |
| JANET POTTER | GENERAL MGR./SENIOR VP Highest-paid employee | 8 | $0 | $194,684 | $19,468 |
| AMY FOWLER | SENIOR VP OF FINANCE Highest-paid employee | 8 | $0 | $150,697 | $15,070 |
| REBECCA QUINN-WOLF | FOUNDATION CHAIR Trustee or director | 2 | $0 | $0 | $0 |
| KATHERINE THOMAS | MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| DERRICK REMER | MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| BILLIE REDMOND | MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| KERRY GRACE HECKLE | MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| SHAN TEEL | MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| MITCH PERRY | MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| KRISTEN HESS | MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| DAN CAHILL | MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| GARY GREENE | MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| JACK CLAYTON | MEMBER Trustee or director | 2 | $0 | $0 | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICK GUIRLINGER | MEMBER Trustee or director | 2 | $0 |
| BRIAN LEARY | MEMBER Trustee or director | 2 | $0 |
| GEORGE YORK | MEMBER Trustee or director | 2 | $0 |
| CHARLES ROYAL | MEMBER Trustee or director | 2 | $0 |
| PAT WILKINS | MEMBER Trustee or director | 2 | $0 |
| DELISA ALEXANDER | MEMBER Trustee or director | 2 | $0 |
| SUZIE KOONCE | MEMBER Trustee or director | 2 | $0 |
| LORI O'KEEFE | MEMBER Trustee or director | 2 | $0 |
| CREIGHTON BLACKWELL | MEMBER Trustee or director | 2 | $0 |
990 for the year ended September 30, 2024: 17 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ADRIENNE COLE | PRESIDENT Officer | 8 | $0 | $366,994 | $33,000 |
| JANET POTTER | GENERAL MGR./SENIOR VP Highest-paid employee | 8 | $0 | $196,407 | $19,641 |
| MICHAEL HALEY | SENIOR VP OF ECON. DEV. Highest-paid employee | 5 | $0 | $179,363 | $17,936 |
| DELISA ALEXANDER | MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| ERNIE BOVIO | TREASURER Trustee or director | 2 | $0 | $0 | $0 |
| DAN CAHILL | CHAIR Trustee or director | 2 | $0 | $0 | $0 |
| JACK CLAYTON | MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| GARY GREENE | CHAIR-ELECT Trustee or director | 2 | $0 | $0 | $0 |
| RICK GUIRLINGER | MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| RUSSELL KILLEN | GENERAL COUNSEL Trustee or director | 2 | $0 | $0 | $0 |
| SUZIE KOONCE | MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| BRIAN LEARY | MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| REBECCA QUINN-WOLF | MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| CHARLES ROYAL | FOUNDATION CHAIR Trustee or director, Officer | 2 | $0 | $0 | $0 |
| SHAN TEEL | MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| PAT WILKINS | MEMBER Trustee or director | 2 | $0 | $0 | $0 |
| GEORGE YORK | MEMBER Trustee or director | 2 | $0 | $0 | $0 |
990 for the year ended September 30, 2023: 23 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ADRIENNE COLE | PRESIDENT Trustee or director, Officer | 8 | $0 | $338,741 | $30,500 |
| JANET POTTER | GENERAL MGR./SENIOR VP Highest-paid employee | 8 | $0 | $184,557 | $18,456 |
| MICHAEL HALEY | SENIOR VP OF ECON. DEV. Highest-paid employee | 5 | $0 | $179,362 | $17,936 |
| JIM WHITE | CONTROLLER Highest-paid employee | 5 | $0 | $151,409 | $15,141 |
| CHARLES ROYAL | VICE CHAIR-FOUNDATION Trustee or director | 2 | $0 | $0 | $0 |
| DAN CAHILL | CHAIR Trustee or director | 2 | $0 | $0 | $0 |
| GARY GREENE | CHAIR-ELECT Trustee or director | 2 | $0 | $0 | $0 |
| ERNIE BOVIO | TREASURER Trustee or director | 2 | $0 | $0 | $0 |
| RUSSELL KILLEN | GENERAL COUNSEL Trustee or director | 2 | $0 | $0 | $0 |
| KEVIN HOWELL | IMMEDIATE PAST CHAIR Trustee or director | 2 | $0 | $0 | $0 |
| O'HARA MACKEN | PAST CHAIR Trustee or director | 2 | $0 | $0 | $0 |
| DELISA ALEXANDER | PAST CHAIR Trustee or director | 2 | $0 | $0 | $0 |
| JOEL DAVIS | VICE CHAIR-COMMUNICATIONS Trustee or director | 2 | $0 | $0 | $0 |
| LATRINDA WILLIAMS | VICE CHAIR-DEI Trustee or director | 2 | $0 | $0 | $0 |
| JOHN WARD | VICE CHAIR-ECONOMIC DEVELOPMENT Trustee or director | 2 | $0 | $0 | $0 |
| TIA MCLAURIN | VICE CHAIR-ENTREPRENEURSHIP & INNOVATION Trustee or director | 2 | $0 | $0 | $0 |
| KEVIN MCLAUGHLIN | VICE CHAIR-GOVERNMENT AFFAIRS Trustee or director | 2 | $0 | $0 | $0 |
| KATHERINE THOMAS | VICE CHAIR-MEMBERSHIP Trustee or director | 2 | $0 | $0 | $0 |
| PAT WILKINS | VICE CHAIR-PRESIDENT'S CIRCLE Trustee or director | 2 | $0 | $0 | $0 |
| BRAIN REID | EXECUTIVE COMMITTEE AT LARGE Trustee or director | 2 | $0 | $0 | $0 |
| LEE ANNE NANCE | EXECUTIVE COMMITTEE AT LARGE Trustee or director | 2 | $0 | $0 | $0 |
| ROY FRALIN | EXECUTIVE COMMITTEE AT LARGE Trustee or director | 2 | $0 | $0 | $0 |
| TIMOTHY HUMPHREY | EXECUTIVE COMMITTEE AT LARGE Trustee or director | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 800 S SALISBURY ST, RALEIGH, NC 27601-2202
- Principal officer (990 for 2024)
- ADRIENNE H COLE, 800 S SALISBURY STREET, RALEIGH, NC 27601
- Signed the 990
- ADRIENNE H COLE, PRESIDENT
- Phone
- (919) 664-7012
- Website
- RALEIGHCHAMBER.ORG
- Return prepared by
- DEAN DORTON ALLEN FORD PLLC
Mission
CIVIC BETTERMENT AND ECONOMIC DEVELOPMENT
Program accomplishments
- SUPPORT TOWARDS RALEIGH ECONOMIC DEVELOPMENT THROUGH THE EDGE PROGRAMExpenses $295,123 · grants $129,410
- LEADERSHIP RALEIGH - CONNECTS A DIVERSE NETWORK OF COMMUNITY LEADERS BY PROVIDING ENHANCED LEADERSHIP SKILLS AND KNOWLEDGE OF CURRENT ISSUES TO FOSTER MEANINGFUL AND LASTING ENGAGEMENT. PARTICIPANTS HAVE THE OPPORTUNITY TO ENGAGE WITH LOCAL BUSINESS EXECUTIVES, COMMUNITY LEADERS, AND ELECTED OFFICIALS; LEARN ABOUT OUR COMMUNITY THROUGH UNIQUE TOURS AND BEHIND-THE-SCENES EXPERIENCES; AND PARTICIPATE IN SMALL GROUP PROJECTS THAT EXPLORE CRITICAL COMMUNITY ISSUES.EMERGING LEADERS - DEVELOPS AND EXPANDS THE CAPACITY OF TOMORROW'S LEADERS. PARTICIPANTS HAVE THE OPPORTUNITY TO ENHANCE THEIR LEADERSHIP SKILLS BY LEARNING FROM OTHERS; IMPROVE AWARENESS OF WHAT IT TAKES TO LEAD AND SUCCEED; INTERACT WITH COMMUNITY AND BUSINESS LEADERS IN A SMALL GROUP-SETTING; AND STRENGTHEN THEIR NETWORK BY CONNECTING WITH PEERS WHO HAVE SIMILAR GOALS.Expenses $431,043 · revenue $458,014
- OTHER PROGRAM SERVICES FOR CIVIC BETTERMENT AND ECONOMIC DEVELOPMENTExpenses $3,388 · revenue $13,840
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 56-1482355
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1990
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,451,661
- Income (IRS master file)
- $924,260
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $924,260 | $767,443 | $1,451,661 | XML |
| 990 | September 2024 | $905,378 | $817,479 | $977,857 | XML |
| 990 | September 2023 | $619,235 | $605,431 | $814,171 | XML |
| 990 | September 2022 | $574,129 | $426,486 | $605,220 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 56-1482355).
Questions about GREATER RALEIGH CHAMBER OF COMMERCE COMMUNITY DEVELOPMENT FOUNDATION
- What is the EIN of GREATER RALEIGH CHAMBER OF COMMERCE COMMUNITY DEVELOPMENT FOUNDATION?
- The employer identification number (EIN) of GREATER RALEIGH CHAMBER OF COMMERCE COMMUNITY DEVELOPMENT FOUNDATION is 56-1482355.
- Is GREATER RALEIGH CHAMBER OF COMMERCE COMMUNITY DEVELOPMENT FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to GREATER RALEIGH CHAMBER OF COMMERCE COMMUNITY DEVELOPMENT FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GREATER RALEIGH CHAMBER OF COMMERCE COMMUNITY DEVELOPMENT FOUNDATION 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 GREATER RALEIGH CHAMBER OF COMMERCE COMMUNITY DEVELOPMENT FOUNDATION due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GREATER RALEIGH CHAMBER OF COMMERCE COMMUNITY DEVELOPMENT FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of GREATER RALEIGH CHAMBER OF COMMERCE COMMUNITY DEVELOPMENT FOUNDATION?
- The 990 for the year ended September 30, 2025 names ADRIENNE H COLE.
- Who are the officers and directors of GREATER RALEIGH CHAMBER OF COMMERCE COMMUNITY DEVELOPMENT FOUNDATION?
- The 990 for the year ended September 30, 2025 lists 24 people; 0 received compensation from the organization.
- How much revenue does GREATER RALEIGH CHAMBER OF COMMERCE COMMUNITY DEVELOPMENT FOUNDATION have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $924,260, expenses of $767,443 and total assets of $1,451,661 at year end.
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