2013-05-14T06:59:30-05:00 2012-12-31 560574444 CHERRY BEKAERT LLP 1111 METROPOLITAN AVENUE SUITE 1000 CHARLOTTE NC 28204 990 2012-01-01 560340499 NORTH CAROLINA CHAMBER NORT 9198361400 701 CORPORATE CENTER DRIVE STE 400 RALEIGH NC 27607 S LEWIS EBERT 9198361400 2013-05-13 1 JANICE A RATICA P00358837 7043771678 2013-05-12 2012 2016-02-25 16:41:14Z S LEWIS EBERT 701 CORPORATE CENTER DRIVE STE 400 RALEIGH NC 27607 3908187 0 X WWW.NCCHAMBER.NET X 1942 NC TO PROMOTE BUSINESS INTERESTS IN NORTH CAROLINA. 64 64 26 64 1992 893 0 0 2560457 3868302 7221 6237 6192 33648 2573870 3908187 0 30847 0 0 1420255 2221529 0 0 0 1106894 1660722 2527149 3913098 46721 -4911 2942460 2948367 1811070 1821888 1131390 1126479 X THE ORGANIZATION IS A PROACTIVE, NON-PARTISAN BUSINESS ADVOCACY ORGANIZATION. THE ORGANIZATION WORKS IN THE LEGISLATIVE, REGULATORY AND POLITICAL ARENAS TO PROACTIVELY DRIVE POSITIVE CHANGE TO ENSURE THAT NORTH CAROLINA IS A LEADING PLACE IN THE WORLD TO DO BUSINESS. THE VISION IS TO BE THE UNIFYING VOICE OF NORTH CAROLINA'S DIVERSE BUSINESS COMMUNITY. THE ORGANIZATION WANTS TO TAKE A FORWARD-LOOKING, PROACTIVE ROLE ON ISSUES THAT WILL POSITIVELY IMPACT THE STATE'S BUSINESS CLIMATE AND QUALITY OF LIFE. 0 0 REPRESENTATION BEFORE LEGISLATIVE BODIES, ANNUAL MEMBERSHIP MEETING, EDUCATIONAL SEMINARS, MEMBERSHIP CONFERENCES. 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 26 0 26 1 1 1 0 0 0 0 0 X 64 64 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 NC X X VICKI CUNNINGHAM 9198361401 701 CORPORATE CENTER DRIVE SUITE RALEIGH NC 27607 FRANK B HOLDING 1.00 X X 0 0 0 JACK BAILEY 1.00 X X 0 0 0 JAMES WHITEHURST 1.00 X X 0 0 0 ANNE LLOYD 1.00 X X 0 0 0 STAN KELLY 1.00 X X 0 0 0 ANTHONY PUGLIESE 1.00 X 0 0 0 THOMAS J ROBERTS 1.00 X 0 0 0 MICHAEL FAGAN 1.00 X 0 0 0 CYNTHIA MARSHALL 1.00 X 0 0 0 CHARLES BOWMAN 1.00 X 0 0 0 ROBERT E BARNHILL JR 1.00 X 0 0 0 RICKY BROWN 1.00 X 0 0 0 BRAD WILSON 1.00 X 0 0 0 GARY WILLIAMSON 1.00 X 0 0 0 TODD SCHAFER 1.00 X 0 0 0 SCOTT BROWN 1.00 X 0 0 0 DAVID T CLANCY 1.00 X 0 0 0 JAMES C WHITEHURST III 1.00 X 0 0 0 LAUREN C STEELE 1.00 X 0 0 0 BILLIE REDMOND 1.00 X 0 0 0 SCOTT SEWELL 1.00 X 0 0 0 TAMMY BLISS 1.00 X 0 0 0 BRETT CARTER 1.00 X 0 0 0 DAVID MILLER 1.00 X 0 0 0 LOUIS ARP 1.00 X 0 0 0 TOM HEIKS 1.00 X 0 0 0 DON FLOW 1.00 X 0 0 0 BOB SELEE 1.00 X 0 0 0 CARL E WALLACE 1.00 X 0 0 0 BILLY R TAYLOR 1.00 X 0 0 0 HARVEY A SCHMITT 1.00 X 0 0 0 JAMES J COOK 1.00 X 0 0 0 JEAN-PIERRE SAKEY 1.00 X 0 0 0 ROBERT M GREENBERG 1.00 X 0 0 0 THOMAS ILES 1.00 X 0 0 0 GARY K JOYNER 1.00 X 0 0 0 JAMES BOYLE JR 1.00 X 0 0 0 ROBERT CONES 1.00 X 0 0 0 JAY PARKER 1.00 X 0 0 0 MICHAEL PLAVNICKY 1.00 X 0 0 0 RICHARD T STANGE 1.00 X 0 0 0 JOSEPH W MAROTTA 1.00 X 0 0 0 ED AUSLANDER 1.00 X 0 0 0 MICHAEL CREED 1.00 X 0 0 0 A DALE JENKINS 1.00 X 0 0 0 INGEMAR LANEVI 1.00 X 0 0 0 ROBERT B SCHWENTKER 1.00 X 0 0 0 BOB MCCRACKEN 1.00 X 0 0 0 MARLOWE W FOSTER 1.00 X 0 0 0 GEORGE MICHAEL BALDWIN 1.00 X 0 0 0 W FLETCHER STEELE 1.00 X 0 0 0 LLOYD YATES 1.00 X 0 0 0 D RUSSELL HARRIS 1.00 X 0 0 0 DREW ISENHOUR 1.00 X 0 0 0 DAVID POWERS 1.00 X 0 0 0 CRAIG RADKE 1.00 X 0 0 0 DENNIS R PITTMAN SPHR 1.00 X 0 0 0 DAVID STEVENS 1.00 X 0 0 0 HOWARD BISSELL 1.00 X 0 0 0 CHRIS BAILEY 1.00 X 0 0 0 JACK STANLEY 1.00 X 0 0 0 JOEL BUTLER 1.00 X 0 0 0 THOMAS CARROLL 1.00 X 0 0 0 JOHNNY M LOPER 1.00 X 0 0 0 S LEWIS EBERT 37.50 X 320325 0 20217 JAMES T SIMPSON JR 37.50 X 236438 0 10160 GARY J SALAMIDO 37.50 X 206640 0 21820 MATT CURRAN 37.50 X 103068 0 13048 866471 0 65245 4 0 1 0 K&L GATES LLP PO BOX 402988 ATLANTA GA 30384 LEGAL SERVICES 184001 1 MEMBERSHIP DUES 900099 2777660 2777660 CONFERENCES & MEETINGS 900099 629490 629490 PROJECTS REVENUE 900099 303142 303142 LEGAL FUND 900099 157905 157905 LABOR LAW POSTERS 900099 105 105 3868302 6237 1992 4245 833 833 MISCELLANEOUS 900099 32815 32815 32815 3908187 3901117 1992 5078 30847 809002 1132042 49947 97164 133374 258069 250 170229 153044 136128 138076 255973 884 71386 22365 PROJECTS 310638 COMMISSIONS - NEW MEMBE 105988 LICENSES & FEES 19589 MISCELLANEOUS 18103 3913098 1032722 816652 1548889 1732914 2460 37642 47173 54979 71375 559089 351680 193248 207409 72520 72844 2942460 2948367 350449 295924 1460621 1525964 1811070 1821888 X 811578 815351 319812 311128 1131390 1126479 2942460 2948367 -4911 0 X 0 1 X 1 0 0 0 0 2777660 496214 496214 666638 -170424 43464 6269 37195 515625 345411 170214 207409 X DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. MANAGEMENT HAS EVALUATED THE EFFECT OF THE GUIDANCE PROVIDED BY U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT BELIEVES THAT THE ORGANIZATION CONTINUES TO SATISFY THE REQUIREMENTS OF A TAX-EXEMPT ORGANIZATION AT DECEMBER 31, 2012 AND 2011. MANAGEMENT HAS EVALUATED ALL OTHER TAX POSITIONS THAT COULD HAVE A SIGNIFICANT AFFECT ON THE FINANCIAL STATEMENTS AND DETERMINED THE ORGANIZATION HAD NO UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2012 AND 2011. 1 NORTH CAROLINA CHAMBER FOUNDATION 701 CORPORATE CENTER DRIVE STE 400 RALEIGH FL 27607 561918853 501(C)(3) 25000 EDUCATION AND RESEARCH 1 0 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE LARGEST GRANT WENT TO A RELATED ORGANIZATION UNDER COMMON CONTROL. OTHER SMALLER GRANTS ARE MOSTLY MEMORIAL CONTRIBUTIONS MADE ON BEHALF OF EMPLOYEES AND OTHER BUSINESS ASSOCIATES AND SPONSORSHIPS FOR EVENTS TO WHICH THE NORTH CAROLINA CHAMBER SENDS REPRESENTATIVES. X 1 1 X X X X X X 0 0 0 S LEWIS EBERT 280325 0 40000 0 0 0 10542 0 9675 0 340542 0 0 0 JAMES T SIMPSON JR 199041 0 30000 0 7397 0 9200 0 960 0 246598 0 0 0 GARY J SALAMIDO 186580 0 10000 0 10060 0 8400 0 13420 0 228460 0 0 0 PART I, LINE 1A IN ADDITION TO REGULAR COMPENSATION, COMPANY VEHICLES ARE PROVIDED TO KEY EMPLOYEES AND HIGHLY COMPENSATED EMPLOYEES. THE ORGANIZATION HAS A WRITTEN POLICY PERMITTING PERSONAL USAGE OF THESE COMPANY VEHICLES. AT YEAR END THE VALUE OF THE PERSONAL USAGE IS DETERMINED IN ACCORDANCE WITH THE WRITTEN POLICY AND ADDED TO THE EMPLOYEE'S ANNUAL COMPENSATION. SUPPLEMENTAL INFORMATION PART III BONUS DETERMINATION: ALL EMPLOYEE BONUSES ARE BASED ON OVERALL CHAMBER PERFORMANCE AND INDIVIDUAL GOALS. VARIOUS FORMULAS ARE USED IN THE CALCULATION OF THE BONUS AMOUNTS. THE BONUS FOR THE PRESIDENT/CEO IS DETERMINED BY THE PERSONNEL AND COMPENSATION COMMITTEE AND IS ACCRUED AT YEAR END. FORM 990, PART VI, SECTION A, LINE 6 THE NORTH CAROLINA CHAMBER IS AN ORGANIZATION IN WHICH THE MEMBERS EACH HAVE THE RIGHT TO ELECT THE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER OF THE CHAMBER HAS THE RIGHT TO ELECT THE MEMBERS OF THE GOVERNING BODY AND THE ENTIRE BOARD OF DIRECTORS VOTE ON THOSE ELECTED. FORM 990, PART VI, SECTION B, LINE 11 THE CHIEF OPERATING OFFICER WILL DISTRIBUTE THE COMPLETE FORM 990 TO ALL DIRECTORS VIA A DIRECT LINK TO A SECURE PAGE ON THE CHAMBER'S WEBSITE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C IN CONJUNCTION WITH THE ANNUAL MEETING OF THE BOARD OF DIRECTORS, EACH BOARD MEMBER IS ASKED TO COMPLETE (ANNUALLY) A CONFLICT OF INTEREST QUESTIONNAIRE. THE DOCUMENT IS DISTRIBUTED TO ALL INDIVIDUALS ATTENDING THE MEETING AND E-MAILED TO DIRECTORS UNABLE TO ATTEND. FOLLOW UP CALLS AND RETENTION OF DOCUMENTS WILL BE HANDLED BY THE EXECUTIVE ASSISTANT TO THE PRESIDENT AND CEO OF THE CHAMBER. AT THE BEGINNING OF EVERY AUDIT AND FINANCE COMMITTEE MEETING, BOARD OF DIRECTORS MEETING AND EXECUTIVE COMMITTEE MEETING, DIRECTORS ARE ASKED TO REPORT ANY CHANGES OF STATUS IN RELATION TO THEIR RESPONSES ON THE ANNUAL CONFLICT OF INTEREST SURVEY. CHANGES ARE DOCUMENTED AND RECORDED IN THE MINUTES OF THE MEETING. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15 PRESIDENT & CEO COMPENSATION: IN CONJUNCTION WITH THE ANNUAL MEETING OF THE BOARD OF DIRECTORS, THE COMPENSATION COMMITTEE WILL EVALUATE PERFORMANCE AND RECOMMEND COMPENSATION FOR THE PRESIDENT AND CEO. THE COMPENSATION PROCESS INCLUDES THE FOLLOWING ELEMENTS: REVIEW AND APPROVAL BY THE COMPENSATION COMMITTEE, USE OF COMPARABLE COMPENSATION DATA FOR SIMILARLY QUALIFIED INDIVIDUALS IN SIMILAR POSITIONS, AND DOCUMENTATION OF RECOMMENDATIONS BY THE COMPENSATION COMMITTEE TO THE DIRECTOR OF ADMINISTRATION FOR RECORDKEEPING. KEY EMPLOYEES' COMPENSATION: THE PRESIDENT AND CEO IS RESPONSIBLE FOR REVIEWING AND RECOMMENDING COMPENSATION FOR KEY EMPLOYEES OF THE CHAMBER. RECOMMENDATIONS WILL BE BASED ON THE USE OF COMPARABLE COMPENSATION DATA FOR SIMILARLY QUALIFIED INDIVIDUALS IN SIMILAR POSITIONS AS WELL AS LENGTH OF SERVICE AND INDIVIDUAL PERFORMANCE. DOCUMENTATION WITH RESPECT TO DECISIONS BY THE PRESIDENT AND THE CEO, SUBJECT TO THE APPROVAL OF THE COMPENSATION COMMITTEE, WILL BE PROVIDED TO THE DIRECTOR OF ADMINISTRATION FOR RECORDKEEPING. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. NORTH CAROLINA CHAMBER FOUNDATION 701 CORPORATE CENTER DRIVE STE 400 RALEIGH NC 27607 561918853 RESEARCH & ANALYSIS NC 501(C)(3) LINE 7 NORTH CAROLINA CHAMBER 0 NORTH CAROLINA CHAMBER PAC 701 COPORATE CENTER DRIVE STE 400 RALEIGH NC 27607 271128346 POLITICAL ACTIVITIES NC NORTH CAROLINA CHAMBER C -1050 53312 1.00000 0 NORTH CAROLINA CHAMBER SERVICES 701 COPORATE CENTER DRIVE STE 400 RALEIGH NC 27607 272419422 PURSUE TAXABLE BUSINESS OPPORTUNITIES NC NORTH CAROLINA CHAMBER C -1716 622 1.00000 1 NORTH CAROLINA CHAMBER INDEPENDENT EXPENDITURES 701 COPORATE CENTER DRIVE STE 400 RALEIGH NC 27607 453806669 POLITICAL ACTIVITIES NC NORTH CAROLINA CHAMBER C 2591 1.00000 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 NORTH CAROLINA CHAMBER SERVICES INC D 62419 FAIR MARKET VALUE NORTH CAROLINA CHAMBER SERVICES INC A 1992 FAIR MARKET VALUE