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Filing year 2023

GREATER RALEIGH CHAMBER OF COMMERCE

Raleigh, North Carolina·EIN 56-0370850·501(c)(6)
Total revenue
$10.3M
Total assets
$8.2M
Total expenses
$8.7M
Reported officers
58
Mission

TO BUILD A THRIVING REGIONAL ECONOMY, ENHANCE THE COMMUNITY'S QUALITY OF LIFE, AND STRENGTHEN MEMBER BUSINESSES.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 6 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Executive Director
Above 90th percentile
$400k
$437k
Base
$290k
Bonus
$57k
Other
$20k
Benefits
General Mgr./senior VP
General Manager
Median to 75th percentile
$216k
$236k
Base
$168k
Bonus
$26k
Other
$3k
Benefits
Executive Director
75th to 90th percentile
$200k
$218k
Base
$139k
Bonus
$17k
Other
$25k
Benefits
SVP of Economic Development
Senior Vice President
25th percentile to median
$197k
$215k
Base
$151k
Bonus
$20k
Other
$8k
Benefits
Relationship Manager
Highest Compensated Employee
25th percentile to median
$162k
$177k
Base
$136k
Bonus
$9k
Other
$2k
Benefits
SVP of Revenue Development
Senior Vice President
25th percentile to median
$140k
$153k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 52 unpaid individuals.

Up 8%
from 2022

From $369k in 2022 to $400k in 2023.

$369k
2022
$400k
2023
In today's dollarsEst.
Up 4% in real terms$421k to $437k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 8% from 2022 to 2023, while revenue rose 40%.

$369k in 2022 to $400k in 2023.
  • General Manager pay rose 6% from 2022 to 2023.
  • Senior Vice President pay held roughly steady from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

GREATER RALEIGH CHAMBER OF COMMERCE reported revenue and expenses across 2 filing years.

RevenueExpenses
$7.3M
$8M
2022
$10.3M
$8.7M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about GREATER RALEIGH CHAMBER OF COMMERCE

What does the Chief Executive Officer of GREATER RALEIGH CHAMBER OF COMMERCE earn?

In 2023, the Chief Executive Officer of GREATER RALEIGH CHAMBER OF COMMERCE received $399,994 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at GREATER RALEIGH CHAMBER OF COMMERCE compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at GREATER RALEIGH CHAMBER OF COMMERCE falls in the top 10%.

What are GREATER RALEIGH CHAMBER OF COMMERCE's revenue and expenses?

In 2023, GREATER RALEIGH CHAMBER OF COMMERCE reported $10.3M in total revenue and $8.7M in total expenses on its IRS Form 990.

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