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North Carolina · Nonprofit

NORTH CAROLINA CHAMBER

NORTH CAROLINA CHAMBER (North Carolina) receives grants from 6 organizations whose IRS filings report $332,335 to it, the largest being BUILDING AMERICA'S FUTURE ($250,000). 1 of them have funded it in more than one year.

Revenue FY2024
$7.1M
Funders on record
6
Grants received
$332k
Net assets
$4.5M
1/6 repeat funderspeak grant-dependency 0%
01What it does

What North Carolina Chamber does

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.

As stated on its FY2024 Form 990.

Programs

  1. Political program- program that analyzes and shapes the political landscape to make change possible by designating jobs champions & jobs advocates in the general assembly.

    $2,269,448 spentof which $13,500 as grants
    39% of program spending

  2. Advocacy- representation before legislative bodies as well as attending hearings to understand proposed legislation and advocate for the policies that move the state forward.

    $1,507,467 spent
    26% of program spending

  3. Membership services- developing relationships with members to understand their business concerns and communicate relevant information including potential law changes that affect their business.

    $1,082,695 spent
    19% of program spending

  4. Education & awareness- seminars regarding areas of interest and trending issues held for members and general public for purposes of educating and informing.

    $959,180 spent
    16% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $5,818,790.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($5.4M) Expenses 100 ($5.0M) Net assets 100 ($1.7M)2018 Revenue 106 ($5.7M) Expenses 120 ($6.0M) Net assets 69 ($1.2M)2019 Revenue 139 ($7.5M) Expenses 105 ($5.2M) Net assets 227 ($3.9M)2020 Revenue 107 ($5.8M) Expenses 144 ($7.2M) Net assets 154 ($2.6M)2021 Revenue 108 ($5.8M) Expenses 109 ($5.4M) Net assets 163 ($2.8M)2022 Revenue 138 ($7.4M) Expenses 155 ($7.7M) Net assets 133 ($2.3M)2023 Revenue 118 ($6.4M) Expenses 117 ($5.8M) Net assets 182 ($3.1M)2024 Revenue 131 ($7.1M) Expenses 156 ($7.8M) Net assets 265 ($4.5M)
'17'18'19'20'21'22'23'24
Revenue (131)Expenses (156)Net assets (265)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $5.4M to $7.5M (+39%).

$4.4M
$4.5M
$6.5M
$5.2M
$5.4M
$7.5M
$7.8M
$7.1M
'17'18'19'20'21'22'23'24
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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 4% · 2021 5%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

$401k
’17
−$302k
’18
$2.2M
’19
−$1.4M
’20
$367k
’21
−$300k
’22
$507k
’23
−$707k
’24
1.5
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.

Chief executive

Gary Salamido

President and CEO

Board chair

Derek Steed

Chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed5462786456565252
Joined·+16+33+6+7+9+5+13
No longer listed·81720159913
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $10k → $21k.

Funder
'17
'19
'23
'24*
'25*
total
Novant Health Incunclassified
$18k
Novant Medical Group Incunclassified
$10k
funders
1
1
2
2
1

Left out of every figure on this page: $211k from one payer (the payer shares this organization's board, largest North Carolina Electric Membership Corporation). These are real filings, and they are not money NORTH CAROLINA CHAMBER raised.

From the IRS filings of NORTH CAROLINA CHAMBER’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

NORTH CAROLINA CHAMBER leans on a few funders — its largest provides 75% of grant income and the top three 92%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% 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 NORTH CAROLINA CHAMBER.

75%
largest funder
92%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2019 100% · 2023 60% — diversifying over time.

“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

NORTH CAROLINA CHAMBER draws 75% of its grant income from funders outside North Carolina, across 2 states in all.

NC
DC

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

’17
’19
’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 NORTH CAROLINA CHAMBER

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

North Carolina Chamber Foundation92%North Carolina Community Development Initiative Inc87%Henderson County Chamber of Commerce Incorporated87%North Carolina Bar Association86%Leadership North Carolina Inc86%Ncha Inc86%Charlotte Regional Business Alliance86%North Carolina Pace Association85%

Nationally

North Carolina Chamber Foundation92%Northern Virginia Chamber of Commerce I88%Minnesota Chamber of Commerce and Industry87%North Carolina Community Development Initiative Inc87%New Castle County Chamber of Commerce I87%Henderson County Chamber of Commerce Incorporated87%Greater Richmond Chamber of Commerce87%Northern Kentucky Chamber of Commerce86%
05Profile & governance

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

Governance

44
board members
98%
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 5 related entities

  • North Carolina Chamber Foundation · exempt
  • North Carolina Chamber Legal Institute · exempt
  • North Carolina Chamber Independent Expenditure · exempt
  • North Carolina Chamber Political Action Committee · exempt
  • North Carolina Chamber Services · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for NORTH CAROLINA CHAMBER: 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 NORTH CAROLINA CHAMBER?
NORTH CAROLINA CHAMBER (North Carolina) receives grants from 6 organizations whose IRS filings report $332,335 to it, the largest being BUILDING AMERICA'S FUTURE ($250,000). 1 of them have funded it in more than one year.
How many funders does NORTH CAROLINA CHAMBER have?
IRS filings report 6 organizations giving $332,335 in grants to NORTH CAROLINA CHAMBER, 1 of which have funded it in more than one year.
Who is the largest funder of NORTH CAROLINA CHAMBER?
BUILDING AMERICA'S FUTURE is the largest funder on record, with $250,000 in grants. The full list of funders is on this page.
How can an organization like NORTH CAROLINA CHAMBER 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 FY2024 (financials across 2017–2024), 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