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Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$42.1M
Program Spending
94%
of total expenses go to program services
Total Contributions
$2.4M
Total Expenses
▼$40.7M
Total Assets
$38.7M
Total Liabilities
▼$30.3M
Net Assets
$8.4M
Officer Compensation
→$689.6K
Other Salaries
$6M
Investment Income
$766.5K
Fundraising
▼N/A
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$7.9M
Awards Found
11
| Awarding Agency | Description | Amount | Fiscal Year | Period | Link |
|---|---|---|---|---|---|
| Small Business Administration | 2FY 2024 STATE TRADE EXPANSION PROGRAM (STEP) 024 STEP GRANT AWARD NC | $900K | FY2024 | Sep 2024 – Sep 2026 | Open → |
| Small Business Administration | FY 2023 STATE TRADE EXPANSION PROGRAM (STEP) | $900K | FY2023 | Sep 2023 – Sep 2025 | Open → |
| Small Business Administration | 2019 STEP GRANT NORTH CAROLINA | $774.5K | FY2019 | Sep 2019 – Sep 2021 | Open → |
| Small Business Administration | FY 2022 STATE TRADE EXPANSION PROGRAM (STEP) | $750K | FY2022 | Sep 2022 – Sep 2024 | Open → |
| Small Business Administration | TRADE FACILITATION AND TRADE ENFORCEMENT ACT OF 2015 (HR 644), SECTION 22(1) OF THE SMALL BUSINESS ACT | $749.2K | FY2017 | Sep 2017 – Sep 2018 | Open → |
| Small Business Administration | GRANTS MADE TO INCREASE THE NUMBER OF SMALL BUSINESSES THAT ARE EXPORTING AND INCREASE THE VALUE OF EXPORTS FOR THOSE SMALL BUSINESSES THAT EXPORT. | $727.3K | FY2021 | Sep 2021 – Sep 2022 | Open → |
| Small Business Administration | STEP | $700K | FY2018 | Sep 2018 – Sep 2020 | Open → |
| Small Business Administration | STEP FY 16 | $693.3K | FY2016 | Sep 2016 – Sep 2017 | Open → |
| Small Business Administration | STEP | $678.9K | FY2015 | Sep 2015 – Sep 2016 | Open → |
| Small Business Administration | INCREASE THE NUMBER OF U.S. SMALL BUSINESSES THAT EXPORT, THE DOLLAR VALUE OF EXPORTS, THE NUMBER OF U.S. SMALL BUSINESSES EXPLORING SIGNIFICANT NEW TRADE OPPORTUNITIES. | $618.6K | FY2020 | Sep 2020 – Sep 2021 | Open → |
| Small Business Administration | STEP | $437.2K | FY2014 | Sep 2014 – Sep 2015 | Open → |
Small Business Administration
$900K
2FY 2024 STATE TRADE EXPANSION PROGRAM (STEP) 024 STEP GRANT AWARD NC
Small Business Administration
$900K
FY 2023 STATE TRADE EXPANSION PROGRAM (STEP)
Small Business Administration
$750K
FY 2022 STATE TRADE EXPANSION PROGRAM (STEP)
Small Business Administration
$749.2K
TRADE FACILITATION AND TRADE ENFORCEMENT ACT OF 2015 (HR 644), SECTION 22(1) OF THE SMALL BUSINESS ACT
Small Business Administration
$727.3K
GRANTS MADE TO INCREASE THE NUMBER OF SMALL BUSINESSES THAT ARE EXPORTING AND INCREASE THE VALUE OF EXPORTS FOR THOSE SMALL BUSINESSES THAT EXPORT.
Small Business Administration
$618.6K
INCREASE THE NUMBER OF U.S. SMALL BUSINESSES THAT EXPORT, THE DOLLAR VALUE OF EXPORTS, THE NUMBER OF U.S. SMALL BUSINESSES EXPLORING SIGNIFICANT NEW TRADE OPPORTUNITIES.
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
10
Clean Audits
9
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2025 | Clean | Unmodified (Clean) | $1.2M | Yes | 2025-12-22 |
| 2024 | Minor Findings | Unmodified (Clean) | $1.2M | Yes | 2024-09-05 |
| 2023 | Clean | Unmodified (Clean) | $1.1M | Yes | 2023-10-10 |
| 2022 | Clean | Unmodified (Clean) | $3.9M | Yes | 2022-10-09 |
| 2021 | Clean | Unmodified (Clean) | $18.4M | Yes | 2021-08-31 |
| 2020 | Clean | Unmodified (Clean) | $930.7K | Yes | 2020-09-09 |
| 2019 | Clean | Unmodified (Clean) | $975K | No | 2019-10-10 |
| 2018 | Clean | Unmodified (Clean) | $999.1K | No | 2018-10-04 |
| 2017 | Clean | Unmodified (Clean) | $979.5K | No | 2017-11-01 |
| 2016 | Clean | Unmodified (Clean) | $752.6K | No | 2016-10-18 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.2M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.2M
Financial Report
Unmodified (Clean)
Federal Expenditure
$1.1M
Financial Report
Unmodified (Clean)
Federal Expenditure
$3.9M
Financial Report
Unmodified (Clean)
Federal Expenditure
$18.4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$930.7K
Financial Report
Unmodified (Clean)
Federal Expenditure
$975K
Financial Report
Unmodified (Clean)
Federal Expenditure
$999.1K
Financial Report
Unmodified (Clean)
Federal Expenditure
$979.5K
Financial Report
Unmodified (Clean)
Federal Expenditure
$752.6K
Tax Year 2024 · Source: IRS e-Filed Form 990
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $42.1M | $2.4M | $40.7M | $38.7M | $8.4M |
| 2022 | $25.9M | $5.1M | $25.1M | $8.2M | $5.7M |
| 2021 | $39.9M | $20.7M | $38.5M | $8.6M | $4.9M |
| 2020 | $20.9M | $1.7M | $20.3M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Christopher Chung | CEO | 40 | $400.9K | $0 | $62.1K | $463K |
| Michael Ebert | COO | 40 | $199.8K | $0 | $16.3K | $216.1K |
| Gene Mclaurin | Director & Chair | 2 | $0 | $0 | $0 | $0 |
| John Kane | Director & Secretary/treas | 1 | $0 | $0 | $0 | $0 |
Christopher Chung
CEO
$463K
Hrs/Wk
40
Compensation
$400.9K
Related Orgs
$0
Other
$62.1K
Michael Ebert
COO
$216.1K
Hrs/Wk
40
Compensation
$199.8K
Related Orgs
$0
Other
$16.3K
Gene Mclaurin
Director & Chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
John Kane
Director & Secretary/treas
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Melissa Smith | VP Business Recruitment | 40 | $184K | $0 | $13.8K | $197.8K |
| Denise Desatnick | VP Marketing | 40 | $163K | $0 | $15.1K | $178.1K |
| William Tuttell | VP Tourism | 40 | $156.3K | $0 | $19.3K | $175.7K |
| Korey Howard | Director Business Recruitmnt | 40 | $149.2K | $0 | $16.9K | $166.1K |
| Larry Price | Director Finance | 40 | $143.1K | $0 | $19.8K | $162.8K |
Melissa Smith
VP Business Recruitment
$197.8K
Hrs/Wk
40
Compensation
$184K
Related Orgs
$0
Other
$13.8K
Denise Desatnick
VP Marketing
$178.1K
Hrs/Wk
40
Compensation
$163K
Related Orgs
$0
Other
$15.1K
William Tuttell
VP Tourism
$175.7K
Hrs/Wk
40
Compensation
$156.3K
Related Orgs
$0
Other
$19.3K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Aaron Thomas | Director | 1 | $0 | $0 | $0 | $0 |
| Bhaskar Venepalli | Director | 1 | $0 | $0 | $0 | $0 |
| James R Jordan | Director | 1 | $0 | $0 | $0 | $0 |
| Karen Levert | Director | 1 | $0 | $0 | $0 | $0 |
| Keith Holtsclaw | Director | 1 | $0 | $0 | $0 | $0 |
| Lee Nettles | Director |
Aaron Thomas
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Bhaskar Venepalli
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
James R Jordan
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $10.6M |
| $3.5M |
| 2019 | $23M | $2.1M | $23.2M | $3.6M | $2.9M |
| 2018 | $24.3M | $2.1M | $23.4M | $3.8M | $3.1M |
| 2017 | $23.9M | $2.2M | $24M | $8.4M | $2.2M |
| 2016 | $19M | $1.8M | $18.7M | $3M | $2.3M |
| 2015 | $14.8M | $1.1M | $12.9M | $2.6M | $2M |
| 2014 | $35.9K | $35.9K | $35.8K | $50 | $50 |
| 2013 | $0 | $0 | $0 | $0 | $0 |
| 2022 | 990 | DataIRS e-File |
| 2021 | 990 | Data | PDF not yet published by IRS |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
Korey Howard
Director Business Recruitmnt
$166.1K
Hrs/Wk
40
Compensation
$149.2K
Related Orgs
$0
Other
$16.9K
Larry Price
Director Finance
$162.8K
Hrs/Wk
40
Compensation
$143.1K
Related Orgs
$0
Other
$19.8K
| 1 |
| $0 |
| $0 |
| $0 |
| $0 |
| Machelle Sanders | Director | 1 | $0 | $0 | $0 | $0 |
| Michelle Logan | Director | 1 | $0 | $0 | $0 | $0 |
| Pam Cundiff | Director | 1 | $0 | $0 | $0 | $0 |
| Richard C Reich Phd | Director | 1 | $0 | $0 | $0 | $0 |
| Rolf Blizzard | Director | 1 | $0 | $0 | $0 | $0 |
| Sam Bowles | Director | 1 | $0 | $0 | $0 | $0 |
| Sheila Knight | Director | 1 | $0 | $0 | $0 | $0 |
| Spence Broadhurst | Director | 1 | $0 | $0 | $0 | $0 |
| Vimal Kolappa | Director | 1 | $0 | $0 | $0 | $0 |
| William Morgan | Director | 1 | $0 | $0 | $0 | $0 |
Karen Levert
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Keith Holtsclaw
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Lee Nettles
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Machelle Sanders
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Michelle Logan
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Pam Cundiff
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Richard C Reich Phd
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Rolf Blizzard
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Sam Bowles
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Sheila Knight
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Spence Broadhurst
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Vimal Kolappa
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
William Morgan
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0