2024-11-15T09:42:10-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2023-01-01 410414520 MINNEAPOLIS REGIONAL CHAMBER OF COMMERCE MINN 6123709141 81 SOUTH NINTH STREET 200 MINNEAPOLIS MN 55402 MIKE LOGAN INTERIM PRESIDENT & CEO 6123709141 2024-11-14 1 0 KIMBERLY ANDERSON P00188889 6123764500 2024-11-14 2023 2024-10-15 13:58:12Z MIKE LOGAN 81 SOUTH NINTH STREET 200 MINNEAPOLIS MN 55402 4141979 0 X WWW.MPLSCHAMBER.COM X 1881 MN CREATING POWERFUL ADVOCACY TO ENHANCE ECONOMIC VITALITY IN THE MINNEAPOLIS-ST. PAUL REGION. 65 65 29 150 4435 0 696222 904455 1391865 1290195 5797 6597 1563306 1838092 3657190 4039339 154972 127279 0 0 2494633 2596402 0 0 0 992178 1612646 3641783 4336327 15407 -296988 2079239 1828309 1405274 1445674 673965 382635 X CREATING POWERFUL ADVOCACY TO ENHANCE ECONOMIC VITALITY IN THE MINNEAPOLIS-ST. PAUL REGION. 0 0 MINNEAPOLIS REGIONAL CHAMBER OF COMMERCE REPORTS ITS ACTIVITIES IN FOUR MAJOR PROGRAM AREAS: MEMBER SERVICES, ECONOMIC DEVELOPMENT, PUBLIC POLICY, AND COMMUNITY LEADERSHIP. MEMBER SERVICES COMPRISE A MAJORITY OF THE CHAMBER WORK. THE SERVICES INCLUDE NETWORKING AND EDUCATIONAL OPPORTUNITIES THAT PROMOTE BUSINESS DEVELOPMENT AND ECONOMIC VITALITY IN THE MINNEAPOLIS REGION. COMMUNICATIONS (SUCH AS NEWSLETTERS) AND EVENTS ARE OFFERED WEEKLY TO MEMBERS. ECONOMIC DEVELOPMENT INCLUDES WORK THE CHAMBER DOES TO PROMOTE GROWTH, IMPROVEMENT, AND VITALITY IN THE MINNEAPOLIS REGION. THIS INCLUDES COMMUNICATION AND SUPPORT FOR TRANSIT AND AFFORDABLE HOUSING AS WELL AS ADMINISTERING CITY GRANTS. PUBLIC POLICY CONSISTS OF COMMUNICATION, EDUCATION, SUPPORT, AND ENGAGEMENT WITH OTHER LOCAL ORGANIZATIONS AS WELL AS ELECTED OFFICIALS TO PROMOTE AND IMPROVE THE NEEDS OF THE BUSINESS COMMUNITY ON A LEGISLATIVE LEVEL. AREAS OF FOCUS INCLUDE TRANSPORTATION AND AFFORDABLE HOUSING. COMMUNITY LEADERSHIP TAKES SEVERAL FORMS INCLUDING CONDUCTING A NINE MONTH LEADERSHIP TRAINING COURSE; SUPPORTING THE EVENTS OF LOCAL ORGANIZATIONS; CONTRIBUTING TO LOCAL CHARITIES; AND PROVIDING SCHOLARSHIPS TO GRADUATING HIGH SCHOOL STUDENTS. 0 1 1 1 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 1 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 29 0 1 29 1 1 1 0 0 0 1 1 0 0 0 0 0 X 65 65 0 0 0 1 1 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X THE ORGANIZATION 6123709141 81 SOUTH 9TH STREET 200 MINNEAPOLIS MN 55402 JONATHAN WEINHAGEN FORMER PRESIDENT/CEO 21.00 19.00 X 234561 0 43173 DARREL GERMAN CHAIR 2.00 2.00 X X 0 0 0 DAVID PRINCE TREASURER 2.00 2.00 X X 0 0 0 CASSIE NELSON PAST CHAIR 2.00 2.00 X X 0 0 0 SUSAN ADAMS LOYD DIRECTOR 0.50 0.00 X 0 0 0 KHADIJA ALI DIRECTOR 0.50 0.00 X 0 0 0 SARAH ANDERSON DIRECTOR 0.50 0.00 X 0 0 0 TODD ANDERSON DIRECTOR 0.50 0.50 X 0 0 0 DARIO ANSELMO DIRECTOR 0.50 0.00 X 0 0 0 DAN BALLARD DIRECTOR 0.50 0.00 X 0 0 0 KARLY BARAGA WERNER DIRECTOR 0.50 0.00 X 0 0 0 BUFFIE BLESI DIRECTOR 0.50 0.50 X 0 0 0 ROBERT A BUTTERBRODT DIRECTOR 0.50 0.00 X 0 0 0 SCOTT CORDES DIRECTOR 0.50 0.00 X 0 0 0 JEFF DAVIDMAN DIRECTOR 0.50 0.50 X 0 0 0 EVAN DORAN DIRECTOR 0.50 0.00 X 0 0 0 SHELLY ELMORE DIRECTOR 0.50 0.00 X 0 0 0 KURT ERICKSON DIRECTOR 0.50 0.00 X 0 0 0 ANIEFRE ESSIEN DIRECTOR 0.50 0.00 X 0 0 0 CHRISTOPHER FERGUSON DIRECTOR 0.50 0.50 X 0 0 0 J MARIE FIEGER DIRECTOR 0.50 0.00 X 0 0 0 JACK FITERMAN DIRECTOR 0.50 0.00 X 0 0 0 ERIK FORSBERG DIRECTOR 0.50 0.00 X 0 0 0 DAYNA FRANK DIRECTOR 0.50 0.00 X 0 0 0 DENISE GERVAIS DIRECTOR 0.50 0.00 X 0 0 0 MARY GIESLER DIRECTOR 0.50 0.00 X 0 0 0 DANIELLE GRANT DIRECTOR 0.50 0.00 X 0 0 0 PATRICIA J GRAZZINI DIRECTOR 0.50 0.00 X 0 0 0 ANDY GREY DIRECTOR 0.50 0.50 X 0 0 0 MORTEN HANSEN DIRECTOR 0.50 0.00 X 0 0 0 CORY HOEPPNER DIRECTOR 0.50 0.50 X 0 0 0 HEIDI JOHNSON DIRECTOR 0.50 0.50 X 0 0 0 PAUL JOHNSON DIRECTOR 0.50 0.00 X 0 0 0 LOUIS J KING DIRECTOR 0.50 0.50 X 0 0 0 HEIDI LARSON DIRECTOR 0.50 0.50 X 0 0 0 JAY LINDGREN DIRECTOR 0.50 0.00 X 0 0 0 CINDY MCCLEARY DIRECTOR 0.50 0.50 X 0 0 0 MIKE MCKEE DIRECTOR 0.50 0.00 X 0 0 0 DAVE MEYER DIRECTOR 0.50 0.00 X 0 0 0 RYAN R MISKE DIRECTOR 0.50 0.00 X 0 0 0 LAURA MONN GINSBURG DIRECTOR 0.50 0.00 X 0 0 0 DIANE NIXA DIRECTOR 0.50 0.00 X 0 0 0 RAVI NORMAN DIRECTOR 0.50 0.50 X 0 0 0 JOHN PACHECO DIRECTOR 0.50 0.00 X 0 0 0 NATE PEARSON DIRECTOR 0.50 0.00 X 0 0 0 ALISON PENCE DIRECTOR 0.50 0.00 X 0 0 0 MIQUEL PURVIS MCMOORE DIRECTOR 0.50 0.00 X 0 0 0 CLINT ROBERTS DIRECTOR 0.50 0.00 X 0 0 0 KATHY ROBIDEAU DIRECTOR 0.50 0.00 X 0 0 0 BRIAN RYKS DIRECTOR 0.50 0.00 X 0 0 0 NASIBU SAREVA DIRECTOR 0.50 0.00 X 0 0 0 BREANNA SCHAFER DIRECTOR 0.50 0.50 X 0 0 0 ERIN SEXTON DIRECTOR 0.50 0.00 X 0 0 0 BEN SHARDLOW DIRECTOR 0.50 0.00 X 0 0 0 BRIA SHEA DIRECTOR 0.50 0.00 X 0 0 0 STEVE SILTON DIRECTOR 0.50 0.50 X 0 0 0 JASON SONDELL DIRECTOR 0.50 0.00 X 0 0 0 JESSIE SORENSEN DIRECTOR 0.50 0.00 X 0 0 0 MELVIN TENNANT DIRECTOR 0.50 0.00 X 0 0 0 VINCENT A THOMAS JD DIRECTOR 0.50 0.00 X 0 0 0 BRAD TRENDLE DIRECTOR 0.50 0.00 X 0 0 0 JAKE VERNON DIRECTOR 0.50 0.00 X 0 0 0 STEVE WEINREICH DIRECTOR 0.50 0.00 X 0 0 0 TOM WHITLOCK DIRECTOR 0.50 0.00 X 0 0 0 JOHN B YANG DIRECTOR 0.50 0.00 X 0 0 0 ANDREA YOCH DIRECTOR 0.50 0.00 X 0 0 0 234561 0 43173 7 0 1 0 0 35735 868720 904455 MEMBERSHIP DUES 900099 969385 969385 EVENTS & FUNCTIONS 900099 310177 310177 ADVERTISING INCOME 541800 5495 5495 AFFINITY INCOME 541800 5138 5138 1290195 7833 7833 1236 -1236 -1236 -1236 20015 35735 34458 -14443 -14443 60748 66946 -6198 -6198 AFFILIATE INCOME 900099 1797633 1797633 MISCELLANEOUS INCOME 900099 61100 61100 1858733 4039339 3077195 4435 53254 127279 277734 1968586 70574 109439 170069 85077 245000 185942 4856 41826 93950 265913 44877 123119 1 52906 17203 INTERCITY LEADERSHIP VI 167340 COMMUNITY INVOLVEMENT 121197 DUES AND SUBSCRIPTIONS 8954 BAD DEBT 3173 151312 4336327 296928 311888 416624 244744 510506 556513 95101 99016 523897 207035 365848 316862 38891 36110 355341 263176 2079239 1828309 318669 314447 407019 439438 679586 691789 1405274 1445674 X 673965 382635 673965 382635 2079239 1828309 -296988 -2782 8440 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 158550 0 0 158550 158550 1 ACTBLUE 366 SUMMER ST SOMERVILLE MA 02144 202517748 5450 0 MINNESOTANS FOR JUSTICE KARL PROCACCINI PO BOX 419 2038 FORD PARKWAY ST PAUL MN 55116 2500 0 VOTE FOR LONA 8706 EMERSON AVE S BLOOMINGTON MN 55420 600 0 ALL OF MPLS PO BOX 580170 MINNEAPOLIS MN 55458 863616630 150000 0 0 0 1 1256885 309713 392293 702006 869130 -167124 PART I-A, LINE 1: SUPPORT FOR CAMPAIGNS OF STATE AND LOCAL OFFICIALS 426757 135245 291512 97140 71790 25350 316862 DUE FROM ACCOUNTS 2540 RIGHT OF USE ASSET 260636 263176 LEASE LIABILITY 566789 DUE TO RELATED PARTY 125000 691789 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICES TRAVEL TO FRANCE TO SUPPORT THE BID FOR THE MN USA EXPO 9488 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES TRAVEL TO AUSTRALIA TO PROMOTE ECONOMIC TRADE 10738 0 0 0 0 0 0 20226 0 20226 0 0 0 0 0 0 PART I, LINE 3: PART I, LINE 3, COLUMN (F) IS REPORTED ON A U.S. GAAP ACCRUAL BASIS OF ACCOUNTING. AMOUNTS REPORTED ARE EXPENDITURES PER REGION. BLOOMINGTON GOLF CLASSIC 46480 27785 18695 25364 4843 NORTHEAST CELEBRATION 9270 7950 1320 3971 280 55750 35735 20015 29335 5123 34458 -14443 1 MN USA EXPO 2131 LINDAU LANE SUITE 420 BLOOMINGTON MN 55425 832555171 501C(3) 25000 0 N/A N/A GENERAL SUPPORT 1 0 PART I, LINE 2: MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION, A RELATED ENTITY, SERVED AS FISCAL SPONSOR TO RECEIVE DONATIONS ON BEHALF OF MN USA EXPO AND PAY BILLS APPROVED BY THE MN USA EXPO. X 1 1 X X X X 0 0 0 JONATHAN WEINHAGEN FORMER PRESIDENT/CEO 234561 0 0 0 0 0 10000 0 33173 0 277734 0 0 0 PART I, LINE 1A DUES PAID TO MINNEAPOLIS CLUB WERE NOT INCLUDED ON W-2. PART I, LINE 3 COMPARABLE SURVEY DATA FROM NONPROFIT ORGANIZATIONS, U.S. CHAMBER OF COMMERCE, AND OTHER ASSOCIATION MARKET DATA IS PROVIDED TO THE EXECUTIVE COMMITTEE TO REVIEW AND APPROVE FOR OFFICER'S COMPENSATION. FORM 990, PART VI, SECTION A, LINE 1A EXECUTIVE COMMITTEE IS MADE UP OF OFFICERS AND OTHER MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 5 IN 2024, THE ORGANIZATION BECAME AWARE OF A MATERIAL DIVERSION OF ASSETS OF THE CHAMBER INVOLVING TRANSACTIONS BETWEEN 2020 AND 2022. THE DIVERSION OF ASSETS IS ESTIMATED TO BE $152,364 AND INVOLVED CASH PAYMENTS MADE FOR UNSUBSTANTIATED PURPOSES TO AN UNKNOWN VENDOR AND CASH PAYMENTS MADE FOR UNSUBSTANTIATED BUSINESS PURPOSES FOR TRAVEL. THE MANAGEMENT AND BOARD OF THE CHAMBER ENGAGED SERVICES OF AN ATTORNEY TO INVESTIAGE THE DIVERSION OF ASSETS WHEN THE MATTER WAS DISCOVERED IN 2024. THE CHAMBER IS CONTINUING TO INVESTIGATE THE MATTER TO DETERMINE FUTURE ACTIONS FOR RECOVERY OF THE DIVERTED ASSETS. THE CHAMBER IS ALSO WORKING TO STRENGTHEN ITS INTERNAL CONTROL PROCEDURES TO ENSURE MEASURES ARE IN PLACE TO BOTH PREVENT AND DETECT A SIMILAR OCCURENCE IN THE FUTURE. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS CONSIST OF BUSINESSES IN THE MINNEAPOLIS REGIONAL AREA; BOARD MEMBER'S COMPANIES ARE REQUIRED TO BE MEMBERS OF THE MINNEAPOLIS REGIONAL CHAMBER OF COMMERCE. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 AND 990T ARE PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND ARE REVIEWED BY THE FINANCE COMMITTEE. COPIES ARE PROVIDED TO THE BOARD OF DIRECTORS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS DIRECTORS, OFFICERS AND EMPLOYEES OF THE ORGANIZATION. EACH RESPONSIBLE PERSON MUST REVIEW THE POLICY AND ANNUALLY COMPLETE A DISCLOSURE FOR IDENTIFYING ANY RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES IN WHICH THE RESPONSIBLE PERSON IS INVOLVED THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST ARISING. ANY SUCH INFORMATION REGARDING A BUSINESS INTEREST IS GENERALLY MADE AVAILABLE TO THE CHAIR, THE PRESIDENT, EXECUTIVE DIRECTOR AND ANY COMMITTEE APPOINTMENT TO ADDRESS CONFLICTS OF INTEREST, EXCEPT TO THE EXTENT ADDITIONAL DISCLOSURE IS NECESSARY IN CONNECTION WITH THE IMPLEMENTATION OF THIS POLICY. A PERSON WHO HAS A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN DISCUSSIONS OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND TO RESPOND TO QUESTIONS. THE PERSON HAVING A CONFLICT OF INTEREST MAY NOT VOTE ON THE CONTRACT OR TRANSACTION AND SHALL NOT BE PRESENT IN THE MEETING ROOM WHEN THE VOTE IS TAKEN, UNLESS THE VOTE IS A SECRET BALLOT. PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 COMPARABLE SURVEY DATA FROM NONPROFIT ORGANIZATIONS, U.S. CHAMBER OF COMMERCE, AND OTHER ASSOCIATION MARKET DATA IS PROVIDED TO THE EXECUTIVE COMMITTEE TO REVIEW AND APPROVE FOR OFFICER'S COMPENSATION. A REVIEW AND APPROVAL OF THE TOTAL COMPENSATION PACKAGE FOR THE PRESIDENT/CEO WAS CONDUCTED IN 2022 BY THE EXECUTIVE COMMITTEE. AT THAT TIME THE SALARY SURVEYS LISTED ABOVE WERE USED. THE PRESIDENT/CEO IS THE ONLY EMPLOYEE THAT HAS A COMPENSATION REVIEW BY THE EXECUTIVE COMMITTEE. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. THE ORGANIZATION DOES NOT MAKE ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION 81 S NINTH ST 200 MINNEAPOLIS MN 55402 363468708 ECONOMIC DEVELOPMENT MN 501(C)(3) LINE 7 MINNEAPOLIS REGIONAL CHAMBER OF COMMERCE 1 DOWNTOWN MINNEAPOLIS TRANSPORTATION MANAGEMENT ORGANIZATION 81 S NINTH ST 200 MINNEAPOLIS MN 55402 411710866 TRANSPORTATION DEVELOPMENT MN 501(C)(4) N/A MINNEAPOLIS REGIONAL CHAMBER OF COMMERCE 1 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 1 1 1 1 MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION O 1170758 CASH TRANSFERRED MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION N 86430 CASH TRANSFERRED MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION P 45594 CASH TRANSFERRED DOWNTOWN MINNEAPOLIS TRANSPORTATION MANAGEMENT ORGANIZATION O 432808 CASH TRANSFERRED DOWNTOWN MINNEAPOLIS TRANSPORTATION MANAGEMENT ORGANIZATION N 74400 CASH TRANSFERRED DOWNTOWN MINNEAPOLIS TRANSPORTATION MANAGEMENT ORGANIZATION P 21816 CASH TRANSFERRED