2024-11-15T09:10:35-06:00 2023-12-31 840930288 BROCK AND COMPANY CPAS PC 3711 JFK PARKWAY SUITE 317 FORT COLLINS CO 80525 990 2023-01-01 840201983 FORT COLLINS AREA CHAMBER OF COMMERCE FORT 9704823746 225 SOUTH MELDRUM FORT COLLINS CO 80521 ANN HUTCHISON PRESIDENT AND CEO 9704823774 2024-11-14 1 0 KELSIE BOYLE CPA P01833050 9702237855 2023 2024-10-15 13:58:12Z ANN HUTCHISON 225 SOUTH MELDRUM FORT COLLINS CO 80521 2121394 0 X WWW.FORTCOLLINSCHAMBER.COM X 1904 CO THE CHAMBER CHAMPIONS OUR COMMUNITY AND REGION'S QUALITY OF LIFE AND ECONOMIC VITALITY THROUGH STRONG BUSINESS ADVOCACY AND COLLABORATIVE LEADERSHIP. 26 25 15 400 17610 0 146645 543561 1212012 1335772 704 34108 -83073 -71898 1276288 1841543 0 0 0 0 407887 438059 0 0 0 1609138 2503252 2017025 2941311 -740737 -1099768 4787117 3442549 916900 668444 3870217 2774105 X THE FORT COLLINS AREA CHAMBER OF COMMERCE CHAMPIONS OUR COMMUNITY AND REGION'S QUALITY OF LIFE AND ECONOMIC VITALITY THROUGH STRONG BUSINESS ADVOCACY AND COLLABORATIVE LEADERSHIP. 0 0 BUSINESS INITIATIVES - FIX NORTH I-25 BUSINESS ALLIANCE: THE ALLIANCE REPRESENTS THE BUSINESS PERSPECTIVE ON ISSUES IMPACTING THE MOBILITY OF THE NORTH I-25 CORRIDOR BETWEEN HIGHWAY 14 AND HIGHWAY 66. THE ALLIANCE IS AN ADVOCACY GROUP THAT: WORKS WITH GOVERNMENT AT ALL LEVELS TO SECURE FUNDING FOR EXPANDING NORTH I-25 TO THREE LANES, COMMUNICATES THE ECONOMIC IMPORTANCE OF A FUNCTIONAL I-25 CORRIDOR, AND EMPOWERS BUSINESSES AND THE PUBLIC TO GET INVOLVED.TALENT AND RECRUITMENT: PROGRAM TO IMPLEMENT STRATEGIES TO INSURE A COMPETITIVE ADVANTAGE FOR AREA EMPLOYERS THROUGH QUALITY WORKERS AND FOR AREA WORKERS THROUGH QUALITY JOBS.UNDER-EMPLOYMENT AND TALENT SHORTAGES ARE A GROWING REGIONAL PROBLEM, WHICH IS EXPECTED TO ACCELERATE AS OLDER WORKERS AGE OUT OF THE WORKFORCE.BUSINESS ENVIRONMENT: THE FORT COLLINS AREA CHAMBER WILL SERVE AS THE VOICE OF BUSINESS TO AGGRESSIVELY ADVOCATE THE PERSPECTIVE OF BUSINESS AND ENSURE PUBLIC OFFICIALS AND RESIDENTS UNDERSTAND THE STRONG CONNECTION BETWEEN BUSINESS VITALITY, JOBS AND HAVING A THE MEANS TO AFFORD PUBLIC SERVICES THAT GREATLY ENHANCE THE QUALITY OF COMMUNITY LIFE, SUCH AS GOOD SCHOOLS, PARKS AND BIKE PATHS. RETAINING KEY EMPLOYERS: THE FORT COLLINS AREA CHAMBER AND KEY PARTNERS WILL DELIBERATELY AND CONSISTENTLY MEET WITH FORT COLLINS-LOVELAND AREA EMPLOYERS TO EXPRESS COMMUNITY SUPPORT FOR THEM AND TO DETERMINE WHAT CAN BE DONE TO HELP THEM. ISSUES SUMMITS - HEALTH CARE SUMMIT: THE SUMMIT PROVIDES MEMBERS OF THE BUSINESS COMMUNITY WITH THE OPPORTUNITY TO DISCUSS DEVELOPMENTS IN HEALTH CARE, THE OUTLOOK FOR THE HEALTH CARE INDUSTRY IN THE FORT COLLINS REGION,AND ACTIONS THAT COULD STRENGTHEN THE HEALTH CARE SECTOR.REGIONAL ISSUES SUMMIT: THE REGIONAL ISSUES SUMMIT IS A FORUM THAT BRINGS ATTENTION TO SOME OF THE LARGER ISSUES FACING NORTHERN COLORADO, INCLUDING TRANSPORTATION, EMPLOYMENT TRENDS AND GAPS, AND WATER. NETWORKING AND EDUCATION EVENTS: THESE EVENTS ARE DESIGNED TO PROVIDE A FORUM AND ENCOURAGE MEMBER INTERACTION AND EDUCATION. THE EVENTS INCLUDE BUSINESS AFTER HOURS, THE ANNUAL GOLF TOURNAMENT, LEADS GROUPS, AND OTHER INFORMATIONAL SESSIONS. THE CHAMBER OFFERS MANY PROGRAMS AND SERVICES INCLUDING LEADERSHIP TRAINING,ADVOCACY,BUSINESS SHOWCASES, AND LEADS GROUPS. IT ALSO PRODUCES NEWSLETTERS AND PUBLICATIONS WHICH ARE MAILED TO MEMBERS IN ORDER TO CREATE A CLIMATE IN WHICH BUSINESSES CAN SUCCEED. REVENUES INCLUDE MEMBER DUES THAT ARE NOT SPECIFICALLY ASSOCIATED WITH ANOTHER PROGRAM, BUT WHICH SUPPORT ALL OF THE PROGRAMS.THE CHAMBER SERVES AS THE FISCAL SPONSOR FOR MULTIPLE INDUSTRY SECTOR PARTNERSHIPS BASED IN NORTHERN COLORADO. THESE PARTNERSHIPS REPRESENT COLLABORATIVE EFFORTS AMONG BUSINESS LEADERS TO TACKLE INDUSTRY-SPECIFIC CHALLENGES AND FOSTER GROWTH. AS OF THE YEAR ENDED DECEMBER 31, 2022, THE CHAMBER FULFILLS THE ROLE OF SPONSOR FOR GROUPS OPERATING WITHIN THE HEALTHCARE, CONSTRUCTION, AND HOSPITALITY SECTORS. 0 1 0 1 0 0 0 0 0 1 0 0 1 1 1 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 1 40 0 15 1 1 1 0 0 0 0 0 0 0 X 26 25 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X THE CORPORATION 9704823746 225 S MELDRUM FORT COLLINS CO 80521 RYAN SCHAEFER CHAIR 2.00 X X 0 0 0 CARRIE BAUMGART TREASURER 2.00 X X 0 0 0 MILES KAILBURN CHAIR ELECT 2.00 X X 0 0 0 KATE BAKER EXECUTIVE COMMITTEE 2.00 X X 0 0 0 NICOLE STAUDINGER EXECUTIVE COMMITTEE 2.00 X X 0 0 0 BRETT KEMP IMMEDIATE PAST CHAIR 2.00 X X 0 0 0 DARRIN ATTEBERRY BOARD MEMBER 2.00 X 0 0 0 CLAY BARTLETT BOARD MEMBER 2.00 X 0 0 0 MICHAEL BELLO BOARD MEMBER 2.00 X 0 0 0 MAT DINSMORE BOARD MEMBER 2.00 X 0 0 0 CARRIE GILLIS BOARD MEMBER 2.00 X 0 0 0 BRANDON GREBE BOARD MEMBER 2.00 X 0 0 0 JOSH GUERNSEY BOARD MEMBER 2.00 X 0 0 0 JENNIFER GUERO JOHNSON BOARD MEMBER 2.00 X 0 0 0 NICK HAWS BOARD MEMBER 2.00 X 0 0 0 BRIAN MANNLEIN BOARD MEMBER 2.00 X 0 0 0 PATRICK MCMEEKIN BOARD MEMBER 2.00 X 0 0 0 AJAY MENON BOARD MEMBER 2.00 X 0 0 0 SHAWN OSTHOFF BOARD MEMBER 2.00 X 0 0 0 AMY PEZZANI BOARD MEMBER 2.00 X 0 0 0 DAN PROVAZNIK BOARD MEMBER 2.00 X 0 0 0 SHERI RIDGEWAY BOARD MEMBER 2.00 X 0 0 0 DAN SOUKUP BOARD MEMBER 2.00 X 0 0 0 LAUREN STOREBY BOARD MEMBER 2.00 X 0 0 0 KEVIN UNGER BOARD MEMBER 2.00 X 0 0 0 ANN HUTCHISON PRESIDENT & CEO 50.00 X 141934 0 0 141934 0 0 1 0 0 0 0 507061 36500 543561 MEMBERSHIP DUES 900099 825424 825424 PROGRAM & SALES REVENU 900099 459972 459972 LEADERSHIP DEVELOPMENT 611430 32766 32766 ADVERTISING INCOME 541800 17610 17610 1335772 15937 15937 224124 205953 18171 18171 18171 2000 73898 -71898 -71898 1841543 1318162 17610 -37790 X 129019 141929 34148 72471 60492 32295 2224 2942 15297 13612 42151 46895 692 406 51084 BUSINESS ADVOCACY 678850 WORKFORCE AND LOCAL INI 444192 BAD DEBT EXPENSE 410067 EVENTS AND PROGRAMS 392767 369778 2941311 466689 282076 466094 293230 2776455 1880512 97908 79297 31983 8753 1122249 685260 439867 436989 250601 274231 257520 187461 4787117 3442549 205807 86221 473042 394732 11302 14572 226749 172919 916900 668444 X 1033118 839025 2837099 1935080 3870217 2774105 4787117 3442549 -1099768 3656 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 1303274 44818 348302 393120 117295 275825 25000 25000 810008 469127 340881 287241 216133 71108 436989 DEFERRED COMPENSATION PLAN 172919 RESTRICTED CASH 14542 187461 DEFERRED COMPENSATION PLAN OBLIGATION 172919 172919 X 1916873 3656 3656 1913217 2224 -73898 -71674 1841543 3012985 73898 73898 2939087 2224 2224 2941311 PART X, LINE 2: FOOTNOTE IN THE ORGANIZATION'S FINANCIAL STATEMENTS REGARDING THE ORGANIZATION'S LIABILITY FOR UNCERTAIN TAX POSITIONS. (FROM FORM 990, PAGE 3 LINE 11F) THE CHAMBER ENGAGES IN ACTIVITIES THAT CREATE UNRELATED BUSINESS INCOME. THESE ACTIVITIES GENERALLY INCUR EXPENSES IN EXCESS OF INCOME AND, ACCORDINGLY, NO UNRELATED BUSINESS INCOME TAX HAS EVER BEEN PAID. THESE FINANCIAL STATEMENTS DO NOT INCLUDE A PROVISION FOR INCOME TAXES. THE CHAMBER APPLIES A MORE-LIKELY-THAN-NOT MEASUREMENT METHODOLOGY TO REFLECT THE FINANCIAL STATEMENT IMPACT OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. AFTER EVALUATING THE TAX POSITIONS TAKEN, NONE ARE CONSIDERED TO BE UNCERTAIN, THEREFORE, NO AMOUNTS HAVE BEEN RECOGNIZED AS OF THE YEARS PRESENTED. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING COST REPORTED AS EXPENSE IN THE AUDIT PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING COST REPORTED AS EXPENSE IN THE AUDIT FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WILL BE REVIEWED IN DETAIL BY THE CEO AND THE FINANCE DIRECTOR AND BY THE FINANCE COMMITTEE BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE FORT COLLINS CHAMBER OF COMMERCE HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT IS PRESENTED TO THE BOARD OF DIRECTORS. THE ORGANIZATION MONITORS ANY CONFLICTS OF INTEREST THROUGHOUT THE YEAR AND REVIEWS THE POLICY EVERY FEW YEARS. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD HAS A COMPENSATION COMMITTEE THAT REVIEWS THE PRESIDENT/CEO'S SALARY. THE REVIEW PROCESS AND THE DECISION IS DOCUMENTED. THE COMMITTEE IS CURRENTLY WORKING ON INCORPORATING COMPARABILITY DATA. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 IS AVAILABLE TO THE PUBLIC, UPON REQUEST, AT THE OFFICE. IN ADDITION, THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE, UPON REQUEST, TO ALL MEMBERS. FORM 990, PART IX, LINE 24E SECTOR EVENTS AND PROGRAMS 190,059. COMMITTEE EXPENSES 100,372. MISCELLANEOUS 46,069. MARKETING 27,156. MEMBERSHIP INVESTMENT 6,122. FORM 990, PART XII, LINE 2C, AUDIT OVERSIGHT COMMITTEE: THE FINANCE COMMITTEE IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT. THE FINANCE COMMITTEE SHALL BE APPOINTED ANNUALLY BY THE CHAIR, SUBJECT TO CONFIRMATION BY THE BOARD. THE FINANCE COMMITTEE SHALL ADVISE THE BOARD OF THE FINANCIAL CONDITION OF THE CHAMBER ON A MONTHLY AND ANNUAL BASIS. THE FINANCE COMMITTEE SHALL BE COMPRISED OF THE TREASURER AND AT LEAST THREE ADDITIONAL BOARD MEMBERS.