Rowan County Chamber of Commerce
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Improves Salisbury and Rowan County's industrial, economic, and social well-being. For fiscal year 2025 it reported $575K in revenue, $586K in expenses, and $374K in net assets.Pt I
Summary of the Filing
Where the work happens
Promote the industrial, commercial, agricultural, economic, civic and social welfare of the people of salisbury and rowan county north carolina promote education advocacy promote workforce development
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Elaine Spalding’s $154K as President is at the 91st percentile of top reported officer pay among 1711 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Elaine Spalding | $153,625 | $147,265 | $153,625 | $145,118 | $141,140 | $137,931 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 76% | — | — |
| Overhead ratio | 24% | — | — |
| Revenue growth | 13% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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