2024-10-29T13:32:37-05:00 2023-12-31 450250958 Eide Bailly LLP 4585 Coleman St Ste 200 Bismarck ND 58503 990 2023-01-01 460103710 Aberdeen Area Chamber of Commerce ABER 6052252860 516 S Main St Aberdeen SD 57401 Gail Ochs CEO 6052252860 2024-10-24 1 1 Lisa Chaffee CPA P00193453 7012551091 2024-10-24 2023 2024-10-15 13:58:12Z Gail Ochs 516 S Main St Aberdeen SD 57401 714362 0 X www.aberdeen-chamber.com X 1934 SD To serve as the leading business advocate for the economic health and vitality of our membership, our community, and the greater Aberdeen area. 16 16 6 350 622 0 147491 108200 546093 596497 978 665 34675 738 729237 706100 0 0 0 0 321507 352555 0 0 0 468071 482703 789578 835258 -60341 -129158 858465 751795 561060 583548 297405 168247 X To serve as the leading business advocate for the economic health and vitality of our membership, our community, and the greater Aberdeen area. 0 0 The Aberdeen Area Chamber of Commerce has been an established voluntary non-profit membership organization since 1884. Today, we are 584 members strong with over 350 active volunteers that help facilitate and participate in the Chamber's activities and events. As a non-profit, 501(c)(6) corporation, the Chamber supports and speaks for those engaged in business, industry, agriculture, transportation, education, healthcare and private sector enterprises. In a nutshell, we seek to make commerce happen through business expansion and attraction, as well as the advocacy efforts that help improve business in our area.Our vision is to bring businesses and individuals together to build consensus on business issues and community goals. Our mission is to serve as the leading business advocate for the economic health and vitality of our membership, our community, and the greater Aberdeen area. The Chamber pursues its vision and mission by:- Serving the region as the central networking organization from which ideas, resources and assets can be drawn;- Unifying and advancing membership, community and regional interests;- Cultivating future leadership and advancing opportunities locally and regionally;- Educating businesses and individuals on workforce readiness and development issues; and- Promoting and encouraging growth of the membership, community, and area.The Chamber is funded by membership investments and event revenue. We facilitate several community based programs and initiatives with the assistance of volunteers who serve within the committee structure. Committees include healthcare, workforce and education, transportation, agriculture, government affairs, community pride, military/veterans, the network (formerly young professionals), diplomats and ambassadors. In addition, we host community events and several programs including, but not limited to, the ABBY Awards, the Community Champions Luncheon, New Teacher/Faculty Luncheon, Agriculture Appreciation Banquet, Business After Hours, Residential Cleanup, and the Community Gift Certificate Program. 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 15 0 1 6 1 1 1 0 0 0 0 0 0 0 X 16 16 0 0 0 0 1 1 0 1 0 0 0 0 1 1 1 0 0 0 0 0 X Kathy Bjerke 6052252860 516 S Main St Aberdeen SD 57401 Kellie Ecker Past President 1.00 X X 0 0 0 Katie Washnok President 1.00 X X 0 0 0 Cam Schock Vice President 1.00 X X 0 0 0 Zach Flakas Treasurer 1.00 X X 0 0 0 Kila LeGrand Secretary 1.00 X X 0 0 0 Brodie Meuller Director 0.50 X 0 0 0 Mike Sommers Director 0.50 X 0 0 0 Spencer Sommers Director 0.50 X 0 0 0 Courtney Rott Director 0.50 X 0 0 0 Jarrett Rix Director 0.50 X 0 0 0 Tom Cogley Director (until July '23) 0.20 X 0 0 0 Mike Quast Director 0.50 X 0 0 0 Tanner White Director 0.50 X 0 0 0 Daryl Thoennes Director 0.50 X 0 0 0 Jane Kuhn Director (until Oct '23) 0.30 X 0 0 0 Dawn Thorstenson Director 0.50 X 0 0 0 Marcus Garstecki Director 0.50 X 0 0 0 Alexandra Grieben Director 0.50 X 0 0 0 Gail Ochs CEO 40.00 X 90400 0 17065 Kathy Bjerke Finance & Administration 40.00 X 46024 0 5552 136424 0 22617 0 0 0 0 0 108000 200 108200 Membership Dues 813910 336430 336430 Chamber Event Revenue 813910 234792 234792 Advertising and Market 513120 25275 25275 596497 665 665 9000 8262 738 738 622 116 706100 596497 622 781 160687 133716 5428 32629 20095 15358 10000 4520 119378 29267 20893 4775 209116 6225 22867 5098 Membership Write Offs 22182 Bank Service Charges an 9620 Miscellaneous Expenses 1964 Gift Card Expense 1440 835258 387550 334747 46811 14697 1000 1728 547385 146762 423104 400623 858465 751795 81697 84559 174098 212615 305265 286374 561060 583548 X 291534 164004 5871 4243 297405 168247 858465 751795 -129158 0 X 1 X 0 0 0 0 0 0 336430 10000 10000 10093 -93 21000 21000 422196 80853 341343 104189 65909 38280 400623 X Part X, Line 2: The Chamber believes that it has appropriate support for any tax positions taken affecting its annual filing requirements and, as such, does not have any uncertain tax positions that are material to the financial statements. The Chamber would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. Form 990, Part VI, Section A, line 1a There shall be an Executive Committee comprised of the Chair of the Board, the Chair-Elect, the Vice Chair, the Treasurer, the Secretary, and the immediate Past Chair. This committee may be called into meeting at any time by the Chair, or in his or her absence by any member of this committee for study and discussion of any subject prior to a meeting of the Board of Directors, and in the interim between regular meetings of the Board, and in such instances when time and other extenuating circumstances prohibit a meeting of the entire Board, may perform the duties which would ordinarily come before that body. The committee shall prepare a proposed budget including revenue and expenses and shall present same to the Board of Directors for their consideration preceding the annual meeting. All discussions and/or action taken by the Executive Committee, whether or not it be in the nature of a definite commitment, must be approved and confirmed by the Board of Directors, even though such action or commitment has already been made by the Executive Committee. Form 990, Part VI, Section A, line 6 The Organization's members are comprised of any person, association, corporation, partnership or estate having an interest in the objectives of the organization. Form 990, Part VI, Section A, line 7a Annually a notice of vacancies to the Board of Directors for the coming year is to be published in the Chamber Progress Magazine requesting nominations from the general membership. Nominations may be submitted to the office of the corporation in writing by any member on or before the 15th day of November. Prior to November 15, the President shall appoint five members in good standing to serve on a Nominating Committee. The President shall designate a member as to the Committee Chair. The Nominating Committee shall study the qualifications of the nominees and submit to the President five candidates for the office of director. The President shall submit the candidates for review and election by the full board of directors at the November or December board meeting. Form 990, Part VI, Section A, line 8b No committee has the authority to act on behalf of the governing board. Form 990, Part VI, Section B, line 11b Once the draft of the 990 is provided to the Chamber, the President reviews with the Chamber Finance Manager. If no corrections need to be made, the draft is presented to the Executive Board for their approval. Final is supplied to the full board of directors and available to the membership. Form 990, Part VI, Section B, line 12c Board and key employees receive the policy in January of each year. At each Board Meeting the Board Chair asks the Board Members and key employees that are present to declare any conflict that they may have with agenda items. If a conflict is declared said board member is asked to abstain from voting on that issue. Form 990, Part VI, Section B, line 15 Each year, the President works with the Finance Manager to prepare the annual budget. The President budgets annual compensation for employees and those compensations are discussed with the executive board. They make any recommendations and approve the budgeted line item. The Chair of the Board can deviate from the budget for increases to the President's compensation as they feel appropriate and have that approved by the Executive Board. If there are staff changes or adjustments, the President discusses that with the Executive Board as they occur within the year. In addition, the President and Executive Board may choose to deviate from the budgeted amount for compensation if they feel it necessary for the betterment of the organization. Form 990, Part VI, Section C, line 19 Governing documents and financial statements are available upon request.