Greensboro Chamber Foundation
- Assets
- $368.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Greensboro, NC
- Founding
- 05/1972
- Data as of
- 12/2021
- EIN
- 23-7181435
Organization Overview
Greensboro Chamber Foundation is located in Greensboro, NC. The organization was established in 1972. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greensboro Chamber Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Greensboro Chamber Foundation generated $172.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.7% each year . All expenses for the organization totaled $127.6k during the year ending 12/2021. While expenses have increased by 13.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Derek Ellington Immediate Past Chair | 2 | $0 | |
Jarvis Harris Director | 2 | $0 | |
Cc Lamberth Director | 2 | $0 | |
Susan Schwartz Director | 2 | $0 | |
Ivan Canada Director | 2 | $0 | |
Rhonda Joyce Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,864 |
| Total Program Service Revenue | $67,300 |
| Membership dues | $0 |
| Investment income | $4,156 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $441 |
| Other Revenue | $0 |
| Total Revenue | $172,761 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $62,677 |
| Total expenses | $127,571 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $53,456 |
| Other assets | $0 |
| Total assets | $368,394 |
| Total liabilities | $0 |
| Net assets or fund balances | $368,394 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Greensboro Chamber Foundation has recieved totaling $300,000.
| Awarding Organization | Amount |
|---|---|
Vf Foundation Wilmington, DE PURPOSE: GROW PLEDGE INSTALLMENT | $300,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rappahannock Goodwill Stores And Services Inc Fredericksburg, VA | $8,437,533 | $30,240,862 |
American Medical Group Association Inc Alexandria, VA | $19,689,445 | $10,462,815 |
Disability In Alexandria, VA | $11,237,053 | $8,690,736 |
Waccamaw Community Foundation Inc Murrells Inlet, SC | $30,138,658 | $6,245,346 |
Shumard Foundation Inc Atlanta, GA | $18,870,364 | $808,294 |
Greenville Area Development Corporation Greenville, SC | $4,479,595 | $2,418,141 |
Wake Forest Innovation Quarter Management Co Winstonsalem, NC | $76,176 | $0 |
Appalachian Community Capital Corporation Christiansburg, VA | $27,470,921 | $2,186,125 |
Sc Launch Inc Columbia, SC | $12,983,051 | $2,975,171 |
Poplar Springs Fire Service Area Moore, SC | $4,360,898 | $2,218,008 |
Responsible Business Alliance Foundation Alexandria, VA | $1,775,206 | $1,733,955 |
Massanetta Springs Inc Harrisonburg, VA | $9,619,068 | $2,786,663 |