2024-08-15T15:28:21-05:00 2023-09-30 141918990 TEMPLETON & COMPANY LLP 201 EAST LAS OLAS BLVD STE 1650 FORT LAUDERDALE FL 33301 990 2022-10-01 590358295 MIAMI BEACH CHAMBER OF COMMERCE MIAM 3056741300 1920 MERIDIAN AVENUE MIAMI BEACH FL 33139 BRITTNIE BASSANT PRESIDENT AND CEO 3056741300 2024-08-15 1 1 WALT MAXWELL P00186333 9543330001 2022 2024-08-08 14:25:15Z BRITTNIE BASSANT 1920 MERIDIAN AVENUE MIAMI BEACH FL 33139 1344232 0 X WWW.MIAMIBEACHCHAMBER.COM X 1974 FL THE MIAMI BEACH CHAMBER OF COMMERCE WAS FORMED IN 1921 TO PROMOTE THE ECONOMIC WELL-BEING OF MIAMI BEACH'S CITIZENS, TO IMPROVE THE QUALITY OF LIFE FOR THE ENTIRE COMMUNITY, AND TO COMMUNICATE THE VIEW OF THE BUSINESS COMMUNITY ON MAJOR ISSUES OF PUBLIC POLICY. 66 66 10 10 10689 0 401850 126000 731839 760165 15 9353 158564 257417 1292268 1152935 0 0 0 0 646936 624216 0 0 69994 501572 608808 1148508 1233024 143760 -80089 1585231 1591917 905226 977001 680005 614916 X THE CHAMBER IS ORGANIZED FOR THE PURPOSE OF ADVANCING THE ECONOMIC, PROFESSIONAL, CULTURAL, EDUCATIONAL AND CIVIC WELFARE OF MIAMI BEACH AND THE AREA SURROUNDING MIAMI BEACH, FLORIDA. THE CHAMBER IS COMMITTED TO ENCOURAGING THE GROWTH OF EXISTING INDUSTRIES AND BUSINESSES, WHILE GIVING ASSISTANCE TO NEW BUSINESSES LOCATED IN MIAMI BEACH AND THE IMMEDIATE SURROUNDINGS. THE CHAMBER IS EQUALLY COMMITTED TO THE ORDERLY PROGRESS AND DEVELOPMENT OF MIAMI BEACH AND TO PROMOTE THE WELFARE OF ITS CITIZENS, BUSINESS INTEREST AND GOOD GOVERNMENT. 0 0 17287 222963 QUARTERLY PILLAR BREAKFAST: EACH QUARTER THE CHAMBER HOSTS A MAJOR PUBLIC POLICY CONFERENCE COMPRISING MANY OF THE MOST INFLUENTIAL BUSINESS LEADERS IN THE COMMUNITY. A GUEST SPEAKER WILL USUALLY GIVE INSIGHTS AND PROVIDES CONTEXT FOR ISSUES AFFECTING LOCAL BUSINESSES. THIS BREAKFAST IS USUALLY ATTENDED BY SOME ONE HUNDRED AND FIFTY BUSINESS LEADERS INCLUDING COUNCIL MEMBERS OF THE CITY OF MIAMI BEACH. 20163 27277 CHAMPIONS OF BUSINESS: THIS EVENT IS HELD BI-ANNUALLY AND TAKES PLACE IN THE FORM OF A DISCUSSION PANEL OF BUSINESS AND COMMUNITY LEADERS. THE EVENT BOASTS AN ATTENDANCE OF SOME THREE HUNDRED AND EIGHTY PERSONS AND INCLUDES VARIOUS DISCUSSIONS ON ISSUES AFFECTING THE BUSINESS COMMUNITY. 41823 VISIT MIAMI BEACH: THIS IS A VISITOR INFORMATION CENTER. IT IS OPEN FIVE DAYS PER WEEK AND IS USUALLY STAFFED BY ONE EMPLOYEE OF THE CHAMBER. THE CENTER SERVES CONVENTIONEERS AND OTHER VISITORS ANNUALLY AND PROVIDES INFORMATION AND ASSISTANCE ON LOCAL SOCIAL AND ECONOMIC ACTIVITIES AVAILABLE IN MIAMI BEACH AND NEIGHBORING COMMUNITIES. 674138 646243 674138 646243 753411 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 10 1 1 1 0 0 0 0 0 0 0 0 0 X 66 66 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 FL X BRITTNIE BASSANT 3056741300 1920 MERIDIAN AVENUE 3RD FLOOR MIAMI BEACH FL 33139 AARON TANDY CHAIR 0.10 1.00 X X 0 0 0 ALFREDO J GONZALEZ VICE CHAIR 0.10 1.00 X X 0 0 0 RICHARD SEGAL CHAIR-ELECT 0.10 1.00 X X 0 0 0 STEVEN KREINIK TREASURER 0.10 1.00 X X 0 0 0 ANDRES ASION BOARD MEMBER 0.10 1.00 X 0 0 0 THAIS ASPER BOARD MEMBER 0.10 1.00 X 0 0 0 IAN BACHEIKOV BOARD MEMBER 0.10 1.00 X 0 0 0 FRED BEAN BOARD MEMBER 0.10 1.00 X 0 0 0 PEGGY BENUA BOARD MEMBER 0.10 1.00 X 0 0 0 JASON BILLIE BOARD MEMBER 0.10 1.00 X 0 0 0 REINALDO BORGES BOARD MEMBER 0.10 1.00 X 0 0 0 JIMMY BOUCHER BOARD MEMBER 0.10 1.00 X 0 0 0 COLE BOUCHER BOARD MEMBER 0.10 1.00 X 0 0 0 JEFFREY M COHEN BOARD MEMBER 0.10 1.00 X 0 0 0 MATIS COHEN BOARD MEMBER 0.10 1.00 X 0 0 0 EVA DIAS BOARD MEMBER 0.10 1.00 X 0 0 0 JAMIL DIB BOARD MEMBER 0.10 1.00 X 0 0 0 ERIN DOWD BOARD MEMBER 0.10 1.00 X 0 0 0 SHEILA DUFFY-LEHRMAN BOARD MEMBER 0.10 1.00 X 0 0 0 MIRIELLE ENLOW BOARD MEMBER 0.10 1.00 X 0 0 0 PATRICIO FERNANDEZ BOARD MEMBER 0.10 1.00 X 0 0 0 CHRISTOPHER FERREIRA BOARD MEMBER 0.10 1.00 X 0 0 0 ROBERT FESTINGER BOARD MEMBER 0.10 1.00 X 0 0 0 SETH FEUER BOARD MEMBER 0.10 1.00 X 0 0 0 PATRICK FISHER BOARD MEMBER 0.10 1.00 X 0 0 0 JESSICA FRANCOS BOARD MEMBER 0.10 1.00 X 0 0 0 MARISA GALBUT BOARD MEMBER 0.10 1.00 X 0 0 0 MARK GEMIGNANI BOARD MEMBER 0.10 1.00 X 0 0 0 MICHAEL S GOLDBERG BOARD MEMBER 0.10 1.00 X 0 0 0 SIDNEY GOLDIN BOARD MEMBER 0.10 1.00 X 0 0 0 JORGE GONZALEZ BOARD MEMBER 0.10 1.00 X 0 0 0 JORGE J GONZALEZ BOARD MEMBER 0.10 1.00 X 0 0 0 BRUCE GOULD BOARD MEMBER 0.10 1.00 X 0 0 0 MICHAEL GRIECO BOARD MEMBER 0.10 1.00 X 0 0 0 MARC HENDERSON BOARD MEMBER 0.10 1.00 X 0 0 0 JOE HRBEK BOARD MEMBER 0.10 1.00 X 0 0 0 JASON INASI BOARD MEMBER 0.10 1.00 X 0 0 0 ROBIN JACOBS BOARD MEMBER 0.10 1.00 X 0 0 0 CALVIN KOHLI BOARD MEMBER 0.10 1.00 X 0 0 0 MUTLUHAN KUCUK BOARD MEMBER 0.10 1.00 X 0 0 0 GEORGE MOHAMA BOARD MEMBER 0.10 1.00 X 0 0 0 MICHAEL LARKIN BOARD MEMBER 0.10 1.00 X 0 0 0 LUIS LOPEZ DEL CASTILLO BOARD MEMBER 0.10 1.00 X 0 0 0 LINSEY LOVELL BOARD MEMBER 0.10 1.00 X 0 0 0 PAUL LOWENTHAL BOARD MEMBER 0.10 1.00 X 0 0 0 DAVID MARTIN BOARD MEMBER 0.10 1.00 X 0 0 0 MAIA MEDIAVILLA BOARD MEMBER 0.10 1.00 X 0 0 0 ANTHONY NOBOA BOARD MEMBER 0.10 1.00 X 0 0 0 DANIEL ODESS BOARD MEMBER 0.10 1.00 X 0 0 0 JAY P PARKER ESQ BOARD MEMBER 0.10 1.00 X 0 0 0 FREDDIE PETERSON BOARD MEMBER 0.10 1.00 X 0 0 0 RICHARD POTOTSKY BOARD MEMBER 0.10 1.00 X 0 0 0 ARON RASKAS BOARD MEMBER 0.10 1.00 X 0 0 0 CHRIS ROLLINS BOARD MEMBER 0.10 1.00 X 0 0 0 MADELEINE ROMANELLO BOARD MEMBER 0.10 1.00 X 0 0 0 DARIA SALYAKINA BOARD MEMBER 0.10 1.00 X 0 0 0 SANDOR SCHER BOARD MEMBER 0.10 1.00 X 0 0 0 LINDSAY SCHOTTENSTEIN BOARD MEMBER 0.10 1.00 X 0 0 0 EMILY SHERMAN BOARD MEMBER 0.10 1.00 X 0 0 0 LYLE STERN BOARD MEMBER 0.10 1.00 X 0 0 0 JOHN STUART BOARD MEMBER 0.10 1.00 X 0 0 0 ALEXANDER I TACHMES BOARD MEMBER 0.10 1.00 X 0 0 0 JEEVAN TILLIT BOARD MEMBER 0.10 1.00 X 0 0 0 CECI VELASCO BOARD MEMBER 0.10 1.00 X 0 0 0 JOSH WALLACK BOARD MEMBER 0.10 1.00 X 0 0 0 DAVID WHITAKER BOARD MEMBER 0.10 1.00 X 0 0 0 ENID RODRIGUEZ VICE PRESIDENT 0.10 50.00 X 95000 0 7765 JEROME E LIBBIN FORMER PRESIDENT/CEO 0.10 50.00 X 265000 0 0 360000 0 7765 1 1 1 0 0 10000 116000 10000 126000 MEMBERSHIP DUES AND EV 900099 749476 749476 AFFINITY PROGRAM 900099 6348 6348 VISITOR'S CENTER 459420 4341 4341 760165 9353 9353 146767 0 146767 146767 146767 301707 10000 191297 110410 110410 MISCELLANEOUS 900099 240 240 240 1152935 896483 10689 119763 286793 221105 40218 25470 278243 214513 39019 24711 10313 7951 1446 916 6140 4734 861 545 42727 32940 5992 3795 12000 12000 55012 49199 5813 14786 5715 9071 9182 1670 7512 11166 5738 5428 108856 81642 27214 16984 16984 57954 43465 14489 PROGRAM & OTHER EXPENSE 249353 62343 187010 BANK CHARGES 29805 29805 TELEPHONE 22747 22747 OTHER EXPENSES 9977 3325 4355 2297 10986 7071 726 3189 1233024 753411 409619 69994 623804 691877 43553 38995 27574 28699 2084644 1252298 890300 832346 1585231 1591917 61100 106702 334548 383648 331899 310135 177679 176516 905226 977001 X 680005 614916 680005 614916 1585231 1591917 X -80089 15000 X X 1 X 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 764476 100000 100000 1719768 1036342 683426 11444 11444 253432 215956 37476 832346 ECONOMIC INJURY DISASTER LOAN 157708 TENANT DEPOSITS 18808 176516 X PART X, LINE 2: THE CHAMBER IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE (IRC) OF 1986 AS AMENDED. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. IN ADDITION, THE CHAMBER HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A "PRIVATE FOUNDATION" WITHIN THE MEANING OF SECTION 509(A)(1) OF THE IRC. THERE WAS NO TAXABLE UNRELATED BUSINESS INCOME FOR EACH OF THE YEARS ENDED SEPTEMBER 30, 2023, AND 2022. THE CHAMBER HAS A LARGE CARRYFORWARD NET OPERATING LOSS THAT HAS OFSSET THE UNRELATED BUSINESS INCOME REPORTED IN BOTH YEARS. CERTAIN ACTIVITES OF THE MEMBERSHIP ORGANIZATIONS ARE SUBJECT TO EXCISE TAX AND UNRELATED BUSINESS INCOME TAX. MANAGEMENT BELIEVES THERE ARE NO UNRECOGNIZED TAX LIABILITIES THAT REQUIRE DISCLOSURE IN THESE CONSOLIDATED FINANCIAL STATEMENTS. THE CHAMBER RECOGNIZES AND MEASURES TAX POSITIONS BASED ON THEIR TECHNICAL MERIT AND ASSESSES THE LIKELIHOOD THAT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES, AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. INTEREST AND PENALTIES ON TAX LIABILITIES, IF ANY, WOULD BE RECORDED IN INTEREST EXPENSE AND OTHER NON-INTEREST EXPENSE, RESPECTIVELY. THE CHAMBER DOES NOT BELIEVE IT HAS TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT HAS NOT RECORDED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE CHAMBER IS SUBJECT TO ROUTINE AUDITS BY A TAXING AUTHORITY. AS OF SEPTEMBER 30, 2023, AND 2022, THE CHAMBER WAS NOT SUBJECT TO ANY EXAMINATION BY A TAXING AUTHORITY. DUBAI TRIP 232407 10000 222407 149691 GOLF 77900 77900 28681 1 1400 1400 12925 311707 10000 301707 191297 191297 110410 X X X 0 0 0 JEROME E LIBBIN FORMER PRESIDENT/CEO 220000 0 45000 0 0 0 0 0 0 0 265000 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE CHAMBER'S INDEPENDENT ACCOUNTANTS PREPARE THE FORM 990. THE AUDIT COMMITTEE, CEO AND COO REVIEW THE FORM 990. THE FORM 990 IS MADE AVILABLE TO THE FULL BOARD BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF GOVERNORS IS REQUIRED TO SIGN A DISCLOSURE FORM ANNUALLY AND IS REQUIRED TO COMMUNICATE CONFLICTS OF INTEREST IF THEY ARISE. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMPENSATION COMMITTEE COMPRISED OF MEMBERS OF THE GOVERNING BODY, IS RESPONSIBLE FOR EVALUATING PERFORMANCE AND SETTING THE COMPENSATION OF THE PRESIDENT AND CEO OF THE ORGANIZATION. THIS COMMITTEE MEETS AT LEAST THREE TIMES ANNUALLY AND PROVIDES A REPORT OF ITS EVALUATION OF THE PRESIDENT TO THE ORGANIZATION DURING BOARD MEETINGS HELD IN OCTOBER AND MAY OF EACH YEAR. IN GENERAL, THE EVALUATION OF THE PRESIDENT WILL INCLUDE HIS OR HER ACHIEVEMENT OF SPECIFIED GOALS ALONG WITH GENERAL FINANCIAL AND SOCIAL HEALTH OF THE ORGANIZATION. THE COMPENSATION OF OTHER MEMBERS OF MANAGEMENT IS DETERMINED BY THE PRESIDENT AND CEO. FORM 990, PART VI, SECTION C, LINE 18 THE CHAMBER MAKES ITS FORM 1023 AND 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE CHAMBER MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: TRANSFER FROM MIAMI BEACH EDUCATION FOUNDATION, INC. 15,000. FORM 990 PART XII, LINE 2C: THE CHAMBER'S FINANCE COMMITTEE IS RESPONSIBLE FOR THE SELECTION OF THE INDEPENDENT ACCOUNTANTS AND OVERSIGHT OF THE ANNUAL REVIEW. MIAMI BEACH EDUCATION FOUNDATION 1920 MERIDIAN AVE 3RD FLOOR MIAMI BEACH FL 33139 311735967 EDUCATION FL 501(C)(3) LINE 7 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0