GREENSBORO AREA CHAMBER OF COMMERCE INC

GREENSBORO, NC, 27401 (336) 387-8300 Est. 1888 EIN 56-0245040
990 - Public charity return 501(c)(6)
www.greensboro.org

Mission

TO SERVE AS GREENSBORO, NORTH CAROLINA'S 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.

Giving Portfolio

Total Grants
11
Total Giving
$417K
Recipients
11
Years Active
2018 - 2025
Avg grant: $43,156 Median: $35,875

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20253$60K $20K21
20241$35K $35K01
20231$50K $50K01
20221$37K $37K01
20211$50K $50K01
20201$87K $87K01
20192$64K $32K11
20181$35K $35K10

Sectors Funded

Community Improvement
8
Arts, Culture & Humanities
2
Recreation & Sports
1

Top States

North Carolina
11

Grantee Size Profile

$1M - $5M
10
$500K - $1M
1

Top Grantees

Grants Awarded · 11 grants

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Financials

Total Revenue
$3,544,409
Total Expenses
$4,103,006
Net Assets
$5,372,145
33 employees 125 volunteers
From latest filing (tax period ending 2025-12-31)

Financial Health

Operating Reserve
15.7 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 7.2%
Expenses ↓ 4.5%
Revenue Sources
Contributions 43.1% Earned revenue 44.8% Investment 5.2% Other 7.0%

Officers & Trustees (53)

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Filing History (8 filings)

YearRevenueExpensesNet Assets
2025 990 - Public charity return
Jan 1, 2025 to Dec 31, 2025
$3,544,409 ↓$4,103,006$5,372,145
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$3,820,298 ↓$4,296,954$5,930,372
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$4,047,848 ↓$4,026,497$6,405,971
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$7,766,217 ↑$4,141,276$6,384,620
2021 990 - Public charity return
Jan 1, 2021 to Dec 31, 2021
$2,653,398 ↓$3,608,860$3,376,407
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$2,817,556 ↓$3,275,889$4,331,869
2019 990 - Public charity return
Jan 1, 2019 to Dec 31, 2019
$2,829,767 ↓$3,899,603$4,789,056
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$4,196,244 $3,717,830$5,857,753

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EIN: 56-0245040 · Source: IRS Form 990 e-file data