2024-11-12T17:16:24-05:00 2024-06-30 850219147 PULAKOS CPAS PC 6753 ACADEMY RD NE ALBUQUERQUE NM 87109 990 2023-07-01 850323322 CAREER GUIDANCE INSTITUTE CARE 5057643700 400 TIJERAS AVE NW SUITE 100 ALBUQUERQUE NM 871023234 TERRI L COLE PRESIDENT & CEO 0050576437 2024-11-12 true false ROBERT A DEPASQUALE CPA P00446108 5053381500 2024-11-12 2023 2024-10-15 13:58:12Z TERRI L COLE 400 TIJERAS AVE NW SUITE 100 ALBUQUERQUE NM 871023234 56753 false X N/A X 1983 NM TO SUPPORT, BENEFIT, OR CARRY OUT THE CHARITABLE AND EDUCATIONAL PURPOSES OF THE GREATER ALBUQUERQUE CHAMBER OF COMMERCE. 18 17 0 300 0 81280 56753 0 0 0 81280 56753 0 0 0 0 0 74122 46658 74122 46658 7158 10095 112055 54228 33977 20169 78078 34059 TO SUPPORT, BENEFIT, OR CARRY OUT THE CHARITABLE AND EDUCATIONAL PURPOSES OF THE GREATER ALBUQUERQUE CHAMBER OF COMMERCE. false false 38925 ALBUQUERQUE READS PROGRAM, A PARTNERSHIP WITH ALBUQUERQUE PUBLIC SCHOOLS: PROVIDES ADDITIONAL SUPPORT AND ASSITANCE TO KINDERGARTEN STUDENTS AT TITLE 1 SCHOOLS THROUGH ONE ON ONE TUTORING AND MENTORING. 38925 true true false false false false false false false false false false false false true true false true false false false false false false false false false false false true false false false false false false false false false false false false false true false true false true 0 0 0 false false false false false false false false false false false false X 18 17 true false false false false false false true true false false true true true true true true true false false NM X TERRI L COLE 5057643700 400 TIJERAS AVE NW SUITE 100 ALBUQUERQUE NM 871023234 DEL ARCHULETA EXECUTIVE CO 1.00 2.00 X 0 0 0 PAUL MADRID EXECUTIVE CO 1.00 2.00 X 0 0 0 SCOTT HINDMAN EXECUTIVE CO 1.00 2.00 X 0 0 0 JANICE TORREZ EXECUTIVE CO 1.00 2.00 X 0 0 0 DOUG MAJEWSKI EXECUTIVE CO 1.00 2.00 X 0 0 0 SHERMAN MCCORKLE EXECUTIVE CO 1.00 2.00 X 0 0 0 LEEAN KRAVITZ EXECUTIVE CO 1.00 2.00 X 0 0 0 TOM ANTRAM EXECUTIVE CO 1.00 2.00 X 0 0 0 DAVID CAMPBELL EXECUTIVE CO 1.00 2.00 X 0 0 0 CAROLYN INGRAM EXECUTIVE CO 1.00 2.00 X 0 0 0 DON TARRY EXECUTIVE CO 1.00 2.00 X 0 0 0 TOM JENKINS EXECUTIVE CO 1.00 2.00 X 0 0 0 LIZ EARLS EXECUTIVE CO 1.00 2.00 X 0 0 0 BRUCE STIDWORTHY CHAIRMAN 1.00 2.00 X X 0 0 0 DEL ESPARZA CHAIR ELECT 1.00 2.00 X X 0 0 0 PETER LORENZ IMMEDIATE PA 1.00 2.00 X X 0 0 0 KELLIE MIXON TREASURER 1.00 2.00 X X 0 0 0 TERRI L COLE PRESIDENT & 20.00 40.00 X X 0 222905 21060 222905 21060 false true false 56753 56753 56753 2368 1957 411 2742 2569 173 6000 3305 2695 SHARED WAGES AND BENEFITS 35538 31085 4453 OTHER EXPENSES 10 9 1 46658 38925 7733 0 112055 54228 112055 54228 33977 20169 33977 20169 X -69118 -114085 147196 148144 78078 34059 112055 54228 X 10095 -54114 X false true X true false X X 1 GREATER ALBUQUERQUE CHAMBER OF COMMERCE 850018940 10 true 46658 0 1 46658 0 true false true true true false false false false false false false false false false false false false PART IV, SECTION A, LINE 3B CAREER GUIDANCE INSTITUTE (CGI) BOARD OF DIRECTORS ALSO SERVE AS THE EXECUTIVE COMMITTEE OF THE SUPPORTED ORGANIZATION, SO THE BOARD OF DIRECTORS ANNUALLY REVIEWS AND APPROVES THE IRS FORM 990 OF THE SUPPORTED ORGANIZATION. THE SUPPORTED ORGANIZATION WAS FORMED IN 1917 AS A NONPROFIT CORPORATION AND HAS FILED ALL IRS FORM 990'S AS A 501(C)(6) ORGANIZATION. THE BOARD HAS ALSO CONFIRMED THAT THE SUPPORTED ORGANIZATION'S BYLAWS SPECIFICALLY REQUIRE THAT THE ORGANIZATION BE OPERATED AS A SEC. 501(C)(6) ORGANIZATION. PART IV, SECTION A, LINE 3C SUPPORT IS USED SOLELY FOR THE ORGANIZATION'S EDUCATIONAL PROGRAM RELATED EXPENSES, INCLUDING ALLOCATED PERSONNEL COSTS FROM THE SUPPORTED ORGANIZATION FOR STAFF TIME INCURRED ON THE ORGANIZATION'S EDUCATIONAL PROGRAMS. SINCE THE BOARD OF DIRECTORS FOR CGI ALSO FUNCTIONS AS THE EXECUTIVE COMMITTEE OF THE SUPPORTED ORGANIZATION, THEY ARE ABLE TO OVERSEE THE USE OF THE SUPPORT AND ENSURE PROPER USE OF THE ORGANIZATION'S FUNDS. PART IV, SECTION C, LINE 1 THE BOARD OF DIRECTORS FOR THE CAREER GUIDANCE INSTITUTE (CGI) CONSISTS OF 17 MEMBERS. THE GREATER ALBUQUERQUE CHAMBER OF COMMERCE (GACC) BOARD OF DIRECTORS CONSISTS OF 61 DIRECTORS, WITH 17 OF THOSE BOARD MEMBERS ASSIGNED TO THE OPERATIONAL EXECUTIVE COMMITTEE OF GACC. THE GACC BOARD OF DIRECTORS INCLUDES HONORARY DIRECTORS AND OTHER PROMINENT COMMUNITY MEMBERS WHO HAVE LIMITED TIME COMMITMENTS TO GACC. OPERATION CONTROL OF GACC IS VESTED IN ITS EXECUTIVE COMMITTEE. CONTROL AND MANAGEMENT OF THE SUPPORTING ORGANIZATION IS VESTED IN THE SAME PERSONS THAT CONTROL OR MANAGE THE SUPPORTED ORGANIZATION BY HAVING THE ORGANIZATION'S BYLAWS REQUIRE THAT ALL MEMBERS OF THE GACC OPERATING EXECUTIVE COMMITTEE ALSO SERVE CONCURRENTLY AS MEMBERS OF THE BOARD OF DIRECTORS OF CGI. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED DUE TO GACC 20169 20169 X SCHEDULE D, PAGE 3, PART X CGI IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS CALSSIFIED AS OTHER THAN A PRIVATE FOUNDATION. CGI HAS ADOPTED ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA, AS THEY RELATE TO UNCERTAIN TAX POSITIONS, AND HAS EVALUATED ITS TAX POSITIONS TAKEN FOR OPEN TAX YEARS. MANAGEMENT BELIEVES THAT THE ACTIVITIES OF CGI ARE WITHIN THEIR TAX-EXEMPT PURPOSE, AND THAT THERE ARE NO UNCERTAIN TAX POSITIONS THAT REQUIRE DISCLOSURE OR RECOGNITION IN THE COMBINED FINANCIAL STATEMENTS. false false false false false false false false false TERRI L COLE PRESIDENT & CEO 198045 20000 4860 13374 7686 243965 SCHEDULE J, PART III PART 1, LINE 3: TERRI L. COLE, PRESIDENT: EXECUTIVE COMPENSATION IS DETERMINED BY THE COMPENSATION COMMITTEE WHICH INCLUDES: THE CHAIRMAN OF THE BOARD, THE CHAIR ELECT AND THE IMMEDIATE PAST CHAIR. THIS COMMITTEE, BECAUSE OF ITS COMPOSITION, PROVIDES CONTINUITY. ANNUAL GOALS ARE SET AT THE BEGINNING OF THE YEAR AND REVIEWED (ANNUALLY AFTER THE AUDIT). A BONUS IS GIVEN IF GOALS ARE MET AND IF REVENUE IS AVAILABLE. OTHER VARIABLES, SUCH AS DOING A MARKET COMPARISON OF SALARIES WITH OTHER CHAMBERS OF THE SAME SIZE, ARE ALSO FACTORED IN THE DETERMINATION OF THE SALARY FOR THE YEAR. PART II: CLARIFICATION ON OFFICER COMPENSATION REPORTING: IN ACCORDANCE WITH FORM 990 REPORTING REQUIREMENTS, THE COMPENSATION OF THE ORGANIZATION'S PRESIDENT PAID BY THE GREATER ALBUQUERQUE CHAMBER OF COMMERCE, A RELATED ORGANIZATION, HAS BEEN REPORTED IN FULL AS COMPENSATION ON SCHEDULE J, PART II, LINE II. CAREER GUIDANCE INSTITUTE MADE NO COMPENSATION PAYMENTS FROM ITS OWN FUNDS DURING THE REPORTING YEAR. THE GREATER ALBUQUERQUE CHAMBER OF COMMERCE ALSO REPORTED THE SAME COMPENSATION AMOUNTS IN FULL ON ITS IRS FORM 990, SCHEDULE J, PART II, LINE I. GREATER ALBUQUERQUE CHAMBER OF COMMERCE IS A RELATED TAX-EXEMPT ORGANIZATION IDENTIFIED ON SCHEDULE R. FORM 990, PART VI CAREER GUIDANCE INSTITUTE (CGI) BOARD OF DIRECTORS IS COMPRISED PRIMARILY OF CEO'S OF VARIOUS BUSINESSES IN THE GREATER ALBUQUERQUE NEW MEXICO AREA. DUE TO THE SIZE OF THE CGI BOARD OF DIRECTORS, THERE ARE BOARD MEMBERS WHO MAY HAVE BUSINESS TRANSACTIONS WITH OTHER BOARD MEMBERS IN THE ORDINARY COURSE OF THEIR OWN BUSINESSES. CGI HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT ALL BOARD MEMBERS RECEIVE. IF A SITUATION ARISES WHERE THERE MIGHT BE A CONFLICT RELATED TO A CGI TRANSACTION, THE AFFECTED BOARD MEMBER RECUSES THEMSELVES FROM BOTH THE DISCUSSION AND VOTE ON THAT MATTER. FORM 990, PAGE 6, PART VI, LINE 11B CURRENT TAX RETURN IS MADE AVAILABLE TO THE BOARD ELECTRONICALLY FOR THEIR REVIEW. THE EXECUTIVE COMMITEE REVIEWS IN DETAIL WITH CPA AND APPROVES FOR FILING. FORM 990, PAGE 6, PART VI, LINE 12C THE CAREER GUIDANCE INSTITUTE (CGI) BOARD OF DIRECTORS IS COMPRISED PRIMARILY OF CEO'S OF VARIOUS BUSINESSES IN THE GREATER ALBUQUERQUE NEW MEXICO AREA. DUE TO THE LARGE SIZE OF THE CGI BOARD OF DIRECTORS, THERE ARE BOARD MEMBERS WHO MAY HAVE BUSINESS TRANSACTIONS WITH OTHER BOARD MEMBERS IN THE ORDINARY COURSE OF THEIR OWN BUSINESSES, OR OCCASIONALLY WITH CGI ITSELF. TO ENSURE CONFLICTS OF INTEREST DO NOT ARISE, CGI HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT APPLIES TO ALL BOARD MEMBERS AND OFFICERS. THE PROCESS THAT CGI USES TO REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE COMPLIANCE WITH THIS POLICY ARE AS FOLLOWS: THE CGI WRITTEN CONFLICT OF INTEREST POLICY IS PROVIDED TO EACH BOARD MEMBER UPON ACCEPTING A POSITION ON THE CGI BOARD OF DIRECTORS AT THEIR INITIAL BOARD MEMBER ORIENTATION MEETING. AT THE ORIENTATION MEETING, THE POLICY IS REVIEWED IN DETAIL WITH EACH NEW BOARD MEMBER. AT THE CGI ANNUAL BOARD OF DIRECTORS MEETING EACH YEAR, THE BOARD REVIEWS THE CONFLICT OF INTEREST POLICY, AND EACH BOARD MEMBER IS AGAIN PROVIDED WITH A COPY OF THE CONFLICT OF INTEREST POLICY. FOR BOARD MEMBERS THAT DID NOT ATTEND THE ANNUAL BOARD MEETING, A COPY OF THE CONFLICT OF INTEREST POLICY IS PROVIDED TO THEM WITH A COPY OF THE ANNUAL BOARD OF DIRECTOR MEETING MINUTES. FORM 990, PAGE 6, PART VI, LINE 15A ALL COMPENSATION FOR ORGANIZATION'S PRESIDENT, TERRI L. COLE, IS PAID FOR BY THE GREATER ALBUQUERQUE CHAMBER OF COMMERCE AS DISCLOSED IN THEIR FORM 990, TIN 85-0018940. THE HOURS SPENT BY THE ORGANIZATION'S PRESIDENT IS SPLIT. SHE SPENDS 40 HOURS ON ACTIVITIES FOR GREATER ALBUQUERQUE CHAMBER OF COMMERCE AND 20 HOURS ON ACTIVITIES FOR CAREER GUIDANCE INSTITUTE EACH WEEK. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 INTERCOMPANY TRANSFER -54,114 GREATER ALBUQUERQUE CHAMBER OF COMMERCE 400 TIJERAS AVE NW SUITE 100 ALBUQUERQUE NM 87102 850323322 SEE PAGE 7 NM 501C6 N/A false false false false false true false false false false false false false false true true true false false false GREATER ALBUQUERQUE CHAMBER OF COMM E 20169 ACTUAL COST GREATER ALBUQUERQUE CHAMBER OF COMM N 123016 ACTUAL COST GREATER ALBUQUERQUE CHAMBER OF COMM O 35538 ACTUAL COST GREATER ALBUQUERQUE CHAMBER OF COMM P 46658 ACTUAL COST SCHEDULE R PART II, IDENTIFICATION OF RELATED TAX-EXEMPT ORGANIZATIONS: NAME OF RELATED ORGANIZATION: GREATER ALBUQUERQUE CHAMBER OF COMMERCE EIN OF RELATED ORGANIZATION: 85-0018940 ADDRESS OF RELATED ORGANIZATION: 400 TIJERAS AVE NW SUITE 100 ALBUQUERQUE, NM 87102 PRIMARY ACTIVITY: TO MAKE OUR COMMUNITY A PLACE WHERE BUSINESSES CAN GROW AND PROSPER