Program areas at DRC
Economic development, innovation & research: the drc supports the region's economic growth by identifying, recruiting, and assisting new companies to relocate to the region and become engaged in the regions business community and activities as well as helping the companies in the region grow and expand. During the year several companies, including corporate headquarters, relocated or expanded in the Dallas region.
Education, workforce & talent attraction: the drc continues to manage and facilitate programs in the region that support the workforce and talent requirements for business, with a goal to increase the number of people who earn a living wage. During the year, the drc continued with its partners developing and executing the Dallas thrives program to support young adult workers, particularly in information technology and healthcare careers.
Diversity, equity, inclusion & community engagement: the drc, working with the business community manages and facilitates several activities in underchampioned communities, attempting to expand the economic development in these areas. During the year, drc funded and executed a highly successful southern Dallas county economic development website and worked directly on getting a premium grocery brand to agree to establishing a store in southern Dallas.
Who funds Dallas Regional Chamber (DRC)
Grants from foundations and other nonprofits
| Grantmaker | Grantmaker tax period | Description | Amount |
|---|
| Building Tomorrow Together | 2022-12 | Economic Development, Talent Att., Etc. | $3,326,565 |
| Quality of Life Foundation for Metropolitan Dallas | 2022-12 | Economic Development, Talent Att., Etc. | $564,375 |
| Greater Dallas Momentum Foundation | 2022-12 | Fund Dallas Regional Chamber Programs for Economic Development, Talent Attraction, Leadership, Education & Workforce, Innovation & Research, Diversity Equity & Inclusion and Community Engagement. | $55,380 |
| ...and 3 more grants received |
Personnel at DRC
| Name | Title | Compensation | Date of data |
|---|
| Dale Petroskey | President and Chief Executive Officer | $639,421 | 2023-07-19 |
| Angela Farley | Chief Operating Officer and Chief Financial Officer | $402,024 | 2023-11-01 |
| Sharon Carson | Senior Vice President Member Engagement | $171,381 | 2022-12-31 |
| Matthew Garcia | Senior Vice President - Public Policy | $236,627 | 2022-12-31 |
| Jessica Heer | Senior Vice President Talent Attraction and Leader / Senior Vice President of Talent Attraction / Senior Vice President , Talent Attraction / Vice President Talent Attraction / Vice President Economic Development | $216,575 | 2022-12-31 |
| ...and 11 more key personnel |
Financials for DRC
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $4,713,940 | $3,170,064 | 48.7% |
| Program services | $6,858,660 | $5,360,563 | 27.9% |
| Investment income and dividends | $220,112 | $95,385 | 130.8% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $-180,206 | $253,838 | -171% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $738,858 | $625,939 | 18% |
| Total revenues | $12,351,364 | $9,505,789 | 29.9% |
Organizations like DRC
| Organization | Type | Location | Revenue |
|---|
| Denver Metro Chamber of Commerce | 501(c)(6) | Denver, CO | $9,796,835 |
| Toledo Regional Chamber of Commerce (TRCC) | 501(c)(6) | Toledo, OH | $3,351,550 |
| The Greater Las Vegas Chamber of Commerce | 501(c)(6) | Las Vegas, NV | $5,967,529 |
| Los Angeles Area Chamber of Commerce | 501(c)(6) | Los Angeles, CA | $5,710,532 |
| Georgia Chamber of Commerce | 501(c)(6) | Atlanta, GA | $7,601,782 |
| The Chamber Fargo Moorhead West Fargo | 501(c)(6) | Fargo, ND | $3,579,587 |
| Wisconsin Manufacturers and Commerce (WMC) | 501(c)(6) | Madison, WI | $4,829,298 |
| Seattle Metropolitan Chamber of Commerce | 501(c)(6) | Seattle, WA | $11,434,802 |
| ChamberRVA | 501(c)(6) | Richmond, VA | $3,182,479 |
| Salt Lake Area Chamber of Commerce | 501(c)(6) | Salt Lake City, UT | $4,400,283 |
Data update history
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 21, 2024
Updated personnel
Identified 44 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 19, 2023
Updated personnel
Identified 41 new personnel
Nonprofit Types
Trade associationsChambers of commerceBusiness and community development organizationsHeadquarter / parent organizations
Issues
Business and industry
Characteristics
MembershipsPolitical advocacyState / local levelCommunity engagement / volunteering
General information
- Address
- 500 N Akard St Ste 2600
- Dallas, TX 75201
- Metro area
- Dallas-Fort Worth-Arlington, TX
- County
- Dallas County, TX
- Website URL
- dallaschamber.org/Â
- Phone
- (214) 746-6600
- Facebook page
- dallaschamberÂ
- Twitter profile
- @drchamberÂ
IRS details
- EIN
- 75-0223440
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1909
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- S41: Promotion of Business
- NAICS code, primary
- 813910: Trade Associations
- Parent/child status
- Central organization
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