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North Carolina · Nonprofit

GREATER RALEIGH CHAMBER OF COMMERCE

GREATER RALEIGH CHAMBER OF COMMERCE (North Carolina) receives grants from 6 organizations whose IRS filings report $493,161 to it, the largest being REX HOSPITAL INC ($228,702). 5 of them have funded it in more than one year.

Revenue FY2025
$10M
Funders on record
6
Grants received
$493k
Net assets
$7.8M
5/6 repeat funderspeak grant-dependency 1%
01What it does

What Greater Raleigh Chamber of Commerce does

Mission

To build a thriving regional economy, enhance the community's quality of life, and strengthen member businesses.

As stated on its FY2025 Form 990.

Programs

  1. The organization maintains an economic development program whose function is to attract new businesses to the raleigh area.

    $2,519,997 spentof which $144,840 as grants$185,052 earned by the program
    53% of program spending
  2. The organization provides support to its membership through providing various seminars and networking opportunities.

    $1,809,813 spent$2,648,101 earned by the program
    38% of program spending
  3. The organization advocates and supports transportation and infrastructure priorities through the regional transportation alliance.

    $430,932 spent$27,880 earned by the program
    9% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $4,760,742.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended.

100 = 20182018 Revenue 100 ($6.3M) Expenses 100 ($6.7M) Net assets 100 ($3.3M)2019 Revenue 133 ($8.4M) Expenses 113 ($7.6M) Net assets 126 ($4.1M)2020 Revenue 121 ($7.6M) Expenses 91 ($6.1M) Net assets 173 ($5.6M)2021 Revenue 101 ($6.3M) Expenses 88 ($5.9M) Net assets 185 ($6.0M)2022 Revenue 110 ($6.9M) Expenses 110 ($7.4M) Net assets 170 ($5.5M)2023 Revenue 117 ($7.3M) Expenses 120 ($8.0M) Net assets 141 ($4.6M)2024 Revenue 164 ($10M) Expenses 130 ($8.7M) Net assets 190 ($6.2M)2025 Revenue 160 ($10M) Expenses 126 ($8.4M) Net assets 240 ($7.8M)
'18'19'20'21'22'23'24'25
Revenue (160)Expenses (126)Net assets (240)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $8.2M to $9.9M (+20%).

$5.2M
$6.2M
$7.5M
$8.2M
$7.4M
$7.2M
$8.2M
$9.9M
'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2018 10% · 2019 8% · 2020 11% · 2021 33% · 2022 18% · 2023 15% · 2024 13% · 2025 14%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

−$405k
’18
$811k
’19
$1.5M
’20
$404k
’21
−$462k
’22
−$658k
’23
$1.6M
’24
$1.6M
’25
6.6
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Shan Teel

Chair

As listed on its FY2025 Form 990.

'18'19'20'21'22'23'24'25
Listed5556556262625861
Joined·+1+18+28+22+17+18+25
No longer listed·0192122172222
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 3 funders to 2 funders, grant income fell $142k → $65k.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
'25*
total
Rex Hospital Incunclassified
$229k
Duke Universityunclassified
$17k
funders
3
2
3
2
1
2
2
1
1

Left out of every figure on this page: $40k from 2 payers (the payer shares this organization's board, largest Greater Raleigh Chamber of Commerce Community Development Foundation). These are real filings, and they are not money GREATER RALEIGH CHAMBER OF COMMERCE raised.

From the IRS filings of GREATER RALEIGH CHAMBER OF COMMERCE’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

GREATER RALEIGH CHAMBER OF COMMERCE leans on a few funders — its largest provides 46% of grant income and the top three 94%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

97% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund GREATER RALEIGH CHAMBER OF COMMERCE.

46%
largest funder
94%
top three
~3
effective funders

Largest funder’s share by year: 2017 77% · 2018 63% · 2019 77% · 2020 80% · 2021 100% · 2022 96% · 2023 96% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

89% of GREATER RALEIGH CHAMBER OF COMMERCE's grant income comes from North Carolina funders.

VA
NC
DC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
North Carolina out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like GREATER RALEIGH CHAMBER OF COMMERCE

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In North Carolina

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

56% of spending goes to programs.

Program 56%Management 34%Fundraising 10%

Governance

18
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

NC

Part of a family of 1 related entity

  • Greater Raleigh Chamber of Commerce Community Development Foundation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for GREATER RALEIGH CHAMBER OF COMMERCE: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds GREATER RALEIGH CHAMBER OF COMMERCE?
GREATER RALEIGH CHAMBER OF COMMERCE (North Carolina) receives grants from 6 organizations whose IRS filings report $493,161 to it, the largest being REX HOSPITAL INC ($228,702). 5 of them have funded it in more than one year.
How many funders does GREATER RALEIGH CHAMBER OF COMMERCE have?
IRS filings report 6 organizations giving $493,161 in grants to GREATER RALEIGH CHAMBER OF COMMERCE, 5 of which have funded it in more than one year.
Who is the largest funder of GREATER RALEIGH CHAMBER OF COMMERCE?
REX HOSPITAL INC is the largest funder on record, with $228,702 in grants. The full list of funders is on this page.
How can an organization like GREATER RALEIGH CHAMBER OF COMMERCE find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in North Carolina. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing