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Filing year 2023

GREATER RALEIGH CHAMBER OF COMMERCE COMMUNITY DEVELOPMENT FOUNDATION

Raleigh, North Carolina·EIN 56-1482355·501(c)(3)
Total revenue
$905k
Total assets
$978k
Total expenses
$817k
Reported officers
17
Mission

CIVIC BETTERMENT AND ECONOMIC DEVELOPMENT

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2023

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

President
10th to 25th percentile
$33k
$36k
General Mgr./senior VP
General Manager
Below 10th percentile
$20k
$21k
Senior VP of Econ. Dev.
Senior Vice President
Below 10th percentile
$18k
$20k

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 14 unpaid individuals.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 8%
from 2022

From $31k in 2022 to $33k in 2023.

$31k
2022
$33k
2023
In today's dollarsEst.
Up 4% in real terms$35k to $36k

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 46%.

$31k in 2022 to $33k 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 COMMUNITY DEVELOPMENT FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$619k
$605k
2022
$905k
$817k
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about GREATER RALEIGH CHAMBER OF COMMERCE COMMUNITY DEVELOPMENT FOUNDATION

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

In 2023, the Chief Executive Officer of GREATER RALEIGH CHAMBER OF COMMERCE COMMUNITY DEVELOPMENT FOUNDATION received $33,000 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at GREATER RALEIGH CHAMBER OF COMMERCE COMMUNITY DEVELOPMENT FOUNDATION 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 COMMUNITY DEVELOPMENT FOUNDATION falls between the 10th and 25th percentiles.

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

In 2023, GREATER RALEIGH CHAMBER OF COMMERCE COMMUNITY DEVELOPMENT FOUNDATION reported $905k in total revenue and $817k in total expenses on its IRS Form 990.

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