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GREENSBORO AREA CHAMBER OF COMMERCE INC

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Public IRS 990 nonprofit record

GREENSBORO AREA CHAMBER OF COMMERCE INC

EIN 56-0245040 · Mutual & Membership Benefit (Y)

What they do

to SERVE AS GREENSBORO, NORTH CAROLINAS PRINCIPAL ECONOMIC and COMMUNITY DEVELOPMENT ORGANIZATION. OUR GOAL is to STRATEGICALLY DEVELOP A VIBRANT COMMUNITY THAT CREATES, EXPANDS, and ATTRACTS BUSINESS WHILE ADVANCING THE QUALITY of LIFE for ALL.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $0.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2025The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders53 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

3.26%of revenue went to fundraising6.1% of expenses
$115.76spent for every $100 of revenueSpending was higher than revenue this year.
$1.63in assets for every $1 spent this yearSome assets cannot be spent right away.
43.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $558,597 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $432,090 for JAMES B CHRISTENSEN (PRESIDENT/CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2025

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$7,766,217
Mission workProgram services0.00% of revenue0.0% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations$253,0253.26% of revenue6.1% of expenses
Revenue left after expensesReported annual surplus$3,624,94146.68% of revenueShown in gray on the chart
Total expenses$4,141,27653.32% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2022CurrentExpense mix: 0.0% mission · 0.0% management · 6.1% fundraisingTotal expenses: 53.32% of revenue
2018Expense mix: 0.0% mission · 0.0% management · 1.9% fundraisingTotal expenses: 88.60% of revenue
2017Expense mix: 0.0% mission · 0.0% management · 4.1% fundraisingTotal expenses: 51.54% of revenue

Money in and money out

Revenue$3,544,409
Expenses$4,103,006
Annual shortfall $558,597 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Fundraising$253,025 · 6.2% of expenses
See all reported dollar amounts
Revenue$3,544,409
Expenses$4,103,006
Assets$6,707,253
Income$3,544,409
Contributions$1,527,451
Fundraising$253,025
Grants given$417,250
Average grant$37,932
Accounting fees$19,200
People

Leadership and board

Tax year 2025

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
JAMES B CHRISTENSENPRESIDENT/CEO · 40 hrs/week $432,090Base $401,458 · Other $30,632
TRACY MYERSEVP-MEMBER & INVESTOR ENGAGEMENT · 40 hrs/week $211,927Base $198,848 · Other $13,079
MARVIN PRICEEXECUTIVE VP, ECONOMIC DEVELOPMENT · 40 hrs/week $201,166Base $183,060 · Other $18,106
SANDRA POSTCONTROLLER · 40 hrs/week $162,337Base $146,300 · Other $16,037
WILLIAM CHEEKEXECUTIVE VP, LAUNCH GREENSBORO · 40 hrs/week $159,345Base $148,750 · Other $10,595
JACOB KEYSVP, MARKETING & COMMUNICATIONS · 40 hrs/week $110,132Base $100,000 · Other $10,132

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (53)

JAMES B CHRISTENSENPRESIDENT/CEO

TRACY MYERSEVP-MEMBER & INVESTOR ENGAGEMENT

MARVIN PRICEEXECUTIVE VP, ECONOMIC DEVELOPMENT

SANDRA POSTCONTROLLER

WILLIAM CHEEKEXECUTIVE VP, LAUNCH GREENSBORO

JACOB KEYSVP, MARKETING & COMMUNICATIONS

MARTA MITCHELLDIRECTOR

LAURA PRATTDIRECTOR

MARY RICEDIRECTOR

MINDY OAKLEYDIRECTOR

NANCY KING QUAINTANCEDIRECTOR

NATALIE PASS-MILLERDIRECTOR

PAUL SPURRDIRECTOR

PRESTON HAMMOCKTREASURER

RICHARD VANORE JRDIRECTOR

SARA MILLARDDIRECTOR

SHAYLA SHARPEDIRECTOR

SHERRI THOMASCHAIR

SKIP ALSTONEX OFFICIO

STACEY GREENEDIRECTOR

SUZY ADKINSDIRECTOR

TODD NAVINDIRECTOR

TONY CLARKEDIRECTOR

TREY DAVIS IIIEX OFFICIO

URSULA DUDLEY OGLESBYDIRECTOR

VICTOR ISLEREX OFFICIO

WANDA LEADIRECTOR

WHITNEY OAKLEYDIRECTOR

DOUG HASSMANDIRECTOR

APRIL MASONDIRECTOR

ASHLEIGH JOHNSONDIRECTOR

AUSTIN LIEBDIRECTOR

BETH FISCHERDIRECTOR

BRENT HAMPTONDIRECTOR

BRIAN VANNOYDIRECTOR

CC LAMBERTHDIRECTOR

CLAUDEL PRESSADIRECTOR

CLIFFORD THOMPSONDIRECTOR

CURT LADIGDIRECTOR

DAVID EDWARDSDIRECTOR

DAVID ZAASDIRECTOR

LYNN CLARKDIRECTOR

FORD BOWERSDIRECTOR

GEOFF FOSTERDIRECTOR

GREG COXDIRECTOR

HANK HENNINGDIRECTOR

IVAN CANADADIRECTOR

JADA HARRISDIRECTOR

JIMMY ADAMSDIRECTOR

KILEY SCHIFFMAN STORRSDIRECTOR

KIM REEDDIRECTOR

KINSLEY FRASERDIRECTOR

ANDY ZIMMERMANDIRECTOR

About this charity

Recognized since
January 1944
Location
111 W FEBRUARY 1 PL, GREENSBORO, NC 27401-2617
County
Guilford
In care of
JAMES B CHRISTENSEN
Primary officer
JAMES B CHRISTENSEN, PRESIDENT/CEO

How to reach them

Filing and classification

Latest tax year
2025
Tax period began
January 1, 2025
Return type
990
Tax preparer
BERNARD ROBINSON & COMPANY LLP
NTEE classification
Mutual & Membership Benefit (Y)
IRS tax category
Mutual & Membership Benefit
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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