GREATER IRVINE CHAMBER OF COMMERCE: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- GREATER IRVINE CHAMBER OF COMMERCE (EIN 95-3433541)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-05-15
- IRS object ID
- 202431369349310588
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-15T14:28:38-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 390758449 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WIPFLI LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7733 FORSYTH BLVD SUITE 1200 | AddressLine1Txt |
| City | ST LOUIS | CityNm |
| State Abbreviation | MO | StateAbbreviationCd |
| ZIP | 63105 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 953433541 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREATER IRVINE CHAMBER OF COMMERCE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GREA | BusinessNameControlTxt |
| Phone | 9496609112 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 36 EXECUTIVE PARK 100 | AddressLine1Txt |
| City | IRVINE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92614 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SANDRA CROUCH | PersonNm |
| Person Title | VP FINANCE | PersonTitleTxt |
| Phone | 9496609112 | PhoneNum |
| Signature | 2024-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | SANDRA | PersonFirstNm |
| Person Last | CROUCH | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KARYN A NUNN | PreparerPersonNm |
| PTIN | P00958489 | PTIN |
| Phone | 3148622070 | PhoneNum |
| Preparation | 2024-05-15 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DESTINATION IRVINE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | SANDRA CROUCH | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 36 EXECUTIVE PARK 100 | AddressLine1Txt |
| City | IRVINE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92614 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $3,888,865 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.IRVINECHAMBER.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1979 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | TO ADVANCE THE ECONOMIC VITALITY OF GREATER IRVINE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 27 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 27 | VotingMembersIndependentCnt |
| Total Employee | 16 | TotalEmployeeCnt |
| Total Volunteers | 250 | TotalVolunteersCnt |
| Total Gross UBI | $30,005 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $3,495,943 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $3,845,100 | CYProgramServiceRevenueAmt |
| PY Investment Income | $3,779 | PYInvestmentIncomeAmt |
| CY Investment Income | $13,760 | CYInvestmentIncomeAmt |
| PY Other Revenue | $32,690 | PYOtherRevenueAmt |
| CY Other Revenue | $30,005 | CYOtherRevenueAmt |
| PY Total Revenue | $3,532,412 | PYTotalRevenueAmt |
| CY Total Revenue | $3,888,865 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,327,349 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,736,858 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,771,660 | PYOtherExpensesAmt |
| CY Other Expenses | $2,366,545 | CYOtherExpensesAmt |
| PY Total Expenses | $3,099,009 | PYTotalExpensesAmt |
| CY Total Expenses | $4,103,403 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $433,403 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$214,538 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,589,302 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,284,838 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $876,709 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $786,783 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,712,593 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,498,055 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MISSION OF THE GREATER IRVINE CHAMBER IS TO ADVANCE THE ECONOMIC VITALITY OF GREATER IRVINE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | BUSINESS AND ECONOMIC DEVELOPMENT/DESTINATION IRVINETHE CHAMBER'S ECONOMIC DEVELOPMENT DIVISION WORKS TO ATTRACT NEW BUSINESSES AND RETAIN EXISTING BUSINESSES IN IRVINE, SUPPORTS BUSINESS EXPANSION, FOSTERS NEW BUSINESS INCUBATION, AND SUPPORTS INTERNATIONAL BUSINESS AND TRADE. DESTINATION IRVINE POSITIONS THE CITY AS A DESTINATION FOR VISITORS, MEETINGS, GROUPS, AND SPORTS EVENTS, THROUGH DIRECT SALES EFFORTS INCLUDING ADVERTISING, DATABASE MARKETING, LEAD GENERATION, TRADE SHOW PARTICIPATION, FAMILIARIZATION TOURS, AND PUBLIC RELATIONS. DESTINATION IRVINE OFFERS COMPLIMENTARY PLANNING AND SUPPORT SERVICES TO GROUPS HOLDING EVENTS IN IRVINE. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MEMBERSHIP SERVICES & EVENTSMEMBERSHIP SERVICES RECRUITS AND RETAINS MEMBERS AND OFFERS BUSINESS GROWTH SUPPORT THROUGH ITS LEADS-GENERATION PROGRAM, EDUCATIONAL AND NETWORKING EVENTS, AWARD RECOGNITIONS, AND BY FACILITATING BUSINESS CELEBRATIONS FOR MEMBERS. THE CHAMBER TYPICALLY OFFERS MORE THAN 400 EVENTS ANNUALLY FROM INFORMAL TO SIGNATURE EVENTS THAT ATTRACT FROM 40 TO 800 GUESTS, RESPECTIVELY-PROVIDING NETWORKING, EDUCATIONAL, AND BUSINESS GROWTH OPPORTUNITIES TO CHAMBER MEMBERS AND BUSINESS AND COMMUNITY LEADERS AT LARGE. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | COMMUNICATIONS & GOVERNMENT AFFAIRS THE CHAMBER'S COMMUNICATIONS STRATEGY FOCUSES ON BRANDING, AWARENESS, AND ENGAGEMENT TO ENHANCE THE VALUE OF THE CHAMBER AND ITS MISSION: TO ADVANCE THE ECONOMIC VITALITY OF GREATER IRVINE. THE CHAMBER COMMUNICATES ITS MISSION, CORE VALUES, AND ACCOMPLISHMENTS TO LOCAL, REGIONAL, NATIONAL, AND GLOBAL AUDIENCES. THE SCOPE OF WORK INCLUDES BRANDING, MARKETING, DIGITAL CONTENT, WEBSITES, PRINT COLLATERAL, NEWS, SOCIAL MEDIA, VIDEO CONTENT, AND MEDIA, MEMBER, AND PUBLIC RELATIONS. THE CHAMBER ALSO ADVOCATES FOR BUSINESS-FRIENDLY LEGISLATION AT THE LOCAL, STATE, AND NATIONAL LEVELS. THE CHAMBER'S GOVERNMENT AFFAIRS COMMITTEE HOLDS REGULAR MEETINGS THAT ARE OPEN TO MEMBERS AND GUESTS TO HEAR REPORTS FROM ELECTED OFFICIALS AND EXPERTS. ITS LEGISLATIVE POLICY HANDBOOK PROVIDES BACKGROUND ON RELEVANT ISSUES. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 29 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 16 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 27 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 27 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SANDRA CROUCH | PersonNm |
| Phone | 9496609112 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 36 EXECUTIVE PARK 100 | AddressLine1Txt |
| City | IRVINE | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92614 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (31 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|
| BRYAN STARR | |||||||
| PRESIDENT & CEO/BOARD SECR | 40.00 | Yes (X) | $229,558 | $0 | $5,664 | ||
| SANDRA CROUCH | |||||||
| VICE PRESIDENT OF FINANCE | 40.00 | Yes (X) | $137,329 | $0 | $11,048 | ||
| JESSICA WELCH | |||||||
| EXECUTIVE VICE PRESIDENT | 40.00 | $154,549 | $0 | $4,392 | Yes (X) | ||
| LAURA PERDEW | |||||||
| VICE PRESIDENT COMMUNICATI | 40.00 | $110,076 | $0 | $12,213 | Yes (X) | ||
| DOV LAZARUS | |||||||
| TREASURER | 0.50 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| CARLOS OREGON | |||||||
| CHAIR | 0.50 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| ANDREW BERNSTEIN | |||||||
| DIRECTOR | 0.50 | $0 | $0 | $0 | Yes (X) | ||
| BARRY DRASKOVICH | |||||||
| DIRECTOR | 0.50 | $0 | $0 | $0 | Yes (X) | ||
| BARRY L RODOLFF | |||||||
| DIRECTOR | 0.50 | $0 | $0 | $0 | Yes (X) | ||
| CARISSA BECHTLOFF | |||||||
| DIRECTOR | 0.50 | $0 | $0 | $0 | Yes (X) | ||
| CHRIS ARIAS | |||||||
| DIRECTOR | 0.50 | $0 | $0 | $0 | Yes (X) | ||
| CLAIRE NA | |||||||
| DIRECTOR | 0.50 | $0 | $0 | $0 | Yes (X) | ||
| DIANE BLAKE | |||||||
| DIRECTOR | 0.50 | $0 | $0 | $0 | Yes (X) | ||
| ERIC MORGAN | |||||||
| DIRECTOR | 0.50 | $0 | $0 | $0 | Yes (X) | ||
| EVAN HITTER | |||||||
| DIRECTOR | 0.50 | $0 | $0 | $0 | Yes (X) | ||
| JANEEN HILL | |||||||
| DIRECTOR | 0.50 | $0 | $0 | $0 | Yes (X) | ||
| JAS KAUR | |||||||
| DIRECTOR | 0.50 | $0 | $0 | $0 | Yes (X) | ||
| JEFF DAVIS | |||||||
| DIRECTOR | 0.50 | $0 | $0 | $0 | Yes (X) | ||
| KATE KLIMOW | |||||||
| DIRECTOR | 0.50 | $0 | $0 | $0 | Yes (X) | ||
| KATHY LAMM | |||||||
| DIRECTOR | 0.50 | $0 | $0 | $0 | Yes (X) | ||
| KELLEY LEE | |||||||
| DIRECTOR | 0.50 | $0 | $0 | $0 | Yes (X) | ||
| LISA THOMAS | |||||||
| DIRECTOR | 0.50 | $0 | $0 | $0 | Yes (X) | ||
| MADELYNN HIRNEISE | |||||||
| DIRECTOR | 0.50 | $0 | $0 | $0 | Yes (X) | ||
| MASSIS CHAHBAZIAN | |||||||
| DIRECTOR | 0.50 | $0 | $0 | $0 | Yes (X) | ||
| PETER SENKBEIL | |||||||
| DIRECTOR | 0.50 | $0 | $0 | $0 | Yes (X) | ||
| ROBERT SANTANA | |||||||
| DIRECTOR | 0.50 | $0 | $0 | $0 | Yes (X) | ||
| SCOTT NORTON | |||||||
| DIRECTOR | 0.50 | $0 | $0 | $0 | Yes (X) | ||
| SUSAN DEGRASSI | |||||||
| DIRECTOR | 0.50 | $0 | $0 | $0 | Yes (X) | ||
| TANIA PENA | |||||||
| DIRECTOR | 0.50 | $0 | $0 | $0 | Yes (X) | ||
| VIVIAN ATKINSON | |||||||
| DIRECTOR | 0.50 | $0 | $0 | $0 | Yes (X) | ||
| WENDY AID | |||||||
| DIRECTOR | 0.50 | $0 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $631,512 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $33,317 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 4 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| IRVINE COMPANY | |||||
| PO BOX 841420 | LOS ANGELES | CA | 90084 | OFFICE LEASE, INCLUDING PAYBACK OF DEFER | $466,425 |
| EXPEDIA | |||||
| PO BOX 847677 | DALLAS | TX | 75284 | ADVERTISING | $313,429 |
| IRVINE MARRIOTT | |||||
| 18000 VON KARMAN AVE | IRVINE | CA | 92715 | BALLROOM EVENT FOOD & BEVERAGE | $141,328 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| HOTEL IMPR. DISTRICT R | 900099 | $2,605,185 | $2,605,185 |
| MEMBERSHIP DUES | 900099 | $601,833 | $601,833 |
| PROGRAM EVENT INCOME | 900099 | $474,927 | $474,927 |
| BOARD OF DIRECTOR FEES | 900099 | $36,200 | $36,200 |
| CERTIFICATES OF ORIGIN | 900099 | $26,275 | $26,275 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $100,680 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $100,680 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $3,845,100 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,112 | TotalRevenueColumnAmt |
| Exclusion | $3,112 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $10,648 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $10,648 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,648 | TotalRevenueColumnAmt |
| Exclusion | $10,648 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ADVERTISING INCOME | Desc |
| Business | 541800 | BusinessCd |
| Total Revenue Column | $30,005 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $30,005 | UnrelatedBusinessRevenueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $30,005 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,888,865 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $3,845,100 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $30,005 | UnrelatedBusinessRevenueAmt |
| Exclusion | $13,760 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $383,599 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,185,465 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $81,170 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $86,624 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,500 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $108,631 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,013,516 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $270,849 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $62,989 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $255,264 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $79,559 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30,989 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,310 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| PROG. EVENT PRODUCTION | $269,564 |
| COMMUNITY RELATIONS | $20,316 |
| INTERNET AND TELEPHONE | $11,039 |
| EQUIPMENT LEASE | $3,768 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $199,251 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,103,403 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,089,743 | BOYAmt |
| EOY | $269,511 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $533,834 | BOYAmt |
| EOY | $1,465,595 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $546,596 | BOYAmt |
| EOY | $66,329 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $120,204 | BOYAmt |
| EOY | $93,200 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $295,562 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $281,577 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,269 | BOYAmt |
| EOY | $13,985 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $259,656 | BOYAmt |
| EOY | $376,218 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,589,302 | BOYAmt |
| EOY | $2,284,838 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $133,865 | BOYAmt |
| EOY | $343,417 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $230,128 | BOYAmt |
| EOY | $211,388 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $150,000 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $362,716 | BOYAmt |
| EOY | $231,978 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $876,709 | BOYAmt |
| EOY | $786,783 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $815,372 | BOYAmt |
| EOY | $967,514 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $897,221 | BOYAmt |
| EOY | $530,541 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,712,593 | BOYAmt |
| EOY | $1,498,055 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,589,302 | BOYAmt |
| EOY | $2,284,838 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$214,538 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $102,373 | OtherCostOrOtherBasisAmt |
| Depreciation | $98,037 | DepreciationAmt |
| Book Value | $4,336 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $110,897 | OtherCostOrOtherBasisAmt |
| Depreciation | $108,361 | DepreciationAmt |
| Book Value | $2,536 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $82,292 | OtherCostOrOtherBasisAmt |
| Depreciation | $75,179 | DepreciationAmt |
| Book Value | $7,113 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $13,985 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| DEFERRED RENT | $712 |
| DEPOSITS | $231,266 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $231,978 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $3,888,865 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Not Reported | $0 | RevenueNotReportedAmt |
| Revenue Subtotal | $3,888,865 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $3,888,865 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $4,103,403 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $4,103,403 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $4,103,403 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE CHAMBER IS A NONPROFIT CHAMBER AS DESCRIBED IN SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE (IRC) AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE IRC AND SECTION 23701D OF THE CALIFORNIA REVENUE AND TAXATION CODE. HOWEVER, THE CHAMBER IS SUBJECT TO INCOME TAXES ON ANY NET INCOME THAT IS DERIVED FROM A TRADE OR BUSINESS ACTIVITY REGULARLY CARRIED ON, AND NOT IN FURTHERANCE OF THE PURPOSE FOR WHICH IT WAS GRANTED EXEMPTION. NO INCOME TAX PROVISION HAS BEEN RECORDED AS THE NET INCOME, IF ANY, FROM ANY UNRELATED TRADE OR BUSINESS ACTIVITY, IS NOT MATERIAL TO THE FINANCIAL STATEMENTS TAKEN AS A WHOLE. THE CHAMBER HAS APPLIED THE PROVISIONS OF "ASC SUBTOPIC 740-10, INCOME TAXES OVERALL," WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, AND PROVIDES GUIDANCE ON RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE, AND TRANSITION. THE MANAGEMENT OF THE CHAMBER BELIEVES THAT NO SUCH UNCERTAIN TAX POSITIONS EXIST AS OF JUNE 30, 2023. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BRYAN STARR | ||||||||||||||
| PRESIDENT & CEO/BOARD SECR | $222,908 | $0 | $0 | $0 | $6,650 | $0 | $0 | $0 | $5,664 | $0 | $235,222 | $0 | $0 | $0 |
| JESSICA WELCH | ||||||||||||||
| EXECUTIVE VICE PRESIDENT | $113,859 | $0 | $40,690 | $0 | $0 | $0 | $0 | $0 | $4,392 | $0 | $158,941 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 4 | REVISED BYLAW CHANGES WERE APPROVED IN APRIL 2023. SUCH CHANGES INCLUDE THE REMOVAL OF AN HID EXECUTIVE COMMITTEE POSITION, THE DESCRIPTION OF SAID POSITION, AND TO MODIFY THE NUMBER OF STANDING COMMITTEE CHAIRS AND MEMBERS AT LARGE IDENTIFIED IN SECTIONS 43 AND 47 OF THE BYLAWS. |
| FORM 990, PART VI, SECTION A, LINE 6 | AS A CHAMBER OF COMMERCE, WE HAVE APPROXIMATELY FOUR HUNDRED AND FORTY THREE (443) MEMBERS FROM THE BUSINESS COMMUNITY. |
| FORM 990, PART VI, SECTION A, LINE 7A | AT THE BEGINNING OF EACH FISCAL YEAR OF THE CHAMBER, THE CHAIR OF THE BOARD SHALL APPOINT A BOARD DEVELOPMENT COMMITTEE CONSISTING OF AT LEAST FIVE (5) MEMBERS, AT LEAST TWO (2) OF WHOM ARE MEMBERS OF THE BOARD OF DIRECTORS. THIS COMMITTEE SHALL NOMINATE A SLATE OF CANDIDATES CONSISTING OF UP TO TEN (10) NOMINEES, AS NEEDED, TO SERVE AS DIRECTORS, FILLING THE VACANCIES RESULTING FROM THE EXPIRATION OF THE TERMS OF RETIRING MEMBERS OF THE BOARD EACH YEAR. THE SLATE OF CANDIDATES SHALL BE SENT TO THE MEMBERSHIP BY U.S. MAIL, E-MAIL, OR A SIMILAR FORM OF COMMUNICATION NO LATER THAN MAY 1 OF EACH YEAR. ANY THIRTY (30) MEMBERS MAY NOMINATE ONE OR MORE MEMBERS FOR DIRECTOR BY FILING WITH THE SECRETARY OR CHIEF EXECUTIVE OFFICER OF THE CORPORATION AN APPROVED PETITION FORM NOT LATER THAN TEN (10) DAYS AFTER THE SLATE OF CANDIDATES IS SENT TO THE MEMBERSHIP IN ACCORDANCE WITH SUBSECTION (B). THE THIRTY (30) MEMBERS DESIGNATED ABOVE SHALL NOT INCLUDE MORE THAN ONE (1) SIGNATURE PER MEMBERSHIP. IF NO PETITIONS ARE FILED WITHIN TEN (10) DAYS AFTER THE SLATE OF CANDIDATES IS SENT TO THE MEMBERSHIP IN ACCORDANCE WITH SUBSECTION (B), THE SLATE OF CANDIDATES SELECTED BY THE BOARD DEVELOPMENT COMMITTEE ARE DEEMED ELECTED. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE BOARD OF DIRECTORS RECEIVES A COPY OF THE DRAFT FORM 990 PRIOR TO FILING WITH INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO THE BOARD OF DIRECTORS ANNUALLY, AND EACH DIRECTOR CONFIRMS IN WRITING ANNUALLY THAT THEY ARE IN COMPLIANCE WITH THE POLICY. |
| FORM 990, PART VI, SECTION B, LINE 15 | LINE 15A: ON AN ANNUAL BASIS THE BOARD OF DIRECTORS SELECTS A COMMITTEE OF 3 TO 5 BOARD MEMBERS, DESIGNATED THE COMPENSATION COMMITTEE, TO REVIEW THE CEO AND EVP'S PAST PERFORMANCE AS WELL AS HIS/HER SALARY. THE REVIEW BEGINS IN MAY OF EACH YEAR AND IS COMPLETED BY THE END OF THE FOLLOWING JULY. PAST PERFORMANCE IS REVIEWED, AND IF THE CEO AND EVP HAS MET HIS/HER GOALS, A BONUS MAY BE CONSIDERED. AREAS GENERALLY REVIEWED INCLUDE FINANCIAL PERFORMANCE OF THE ORGANIZATION, THE NUMBER OF NEW AND RENEWING MEMBERSHIPS, SUBORDINATE PERFORMANCES, CONTINUING EDUCATION ACCOMPLISHMENTS AND OTHER GOALS BASED ON PERFORMANCE LEVELS. ONCE THE REVIEW IS COMPLETED, THE SELECTED BOARD MEMBERS MEET WITH THE CEO AND EVP AND DISCUSS THE OUTCOME OF THE PERFORMANCE REVIEW. AT THAT TIME, A BONUS, IF EARNED, IS GRANTED TO THE CEO AND EVP BASED ON HIS/HER PERFORMANCE. THE COMPENSATION COMMITTEE THEN SETS NEW GOALS FOR THE NEW FISCAL YEAR, WHICH ARE PRESENTED TO THE CEO AND EVP SO THAT HE/SHE MAY MONITOR PROGRESS THROUGHOUT THE YEAR. LINE 15B: ON AN ANNUAL BASIS THE FINANCIAL AFFAIRS COMMITTEE MAKES A RECOMMENDATION FOR AN OVERALL BUDGETED SALARIES AMOUNT FOR ALL EMPLOYEES OTHER THAN THE CEO AND EVP. THIS MAY OR MAY NOT INCLUDE RAISES. THE TOTAL DOLLARS OF THE SALARIES, INCLUDING ANY INCREASES, ARE SUBMITTED TO THE BOARD OF DIRECTORS FOR APPROVAL ALONG WITH THE ENTIRE BUDGET. ONCE THE BUDGET HAS BEEN APPROVED, THE BOARD RELIES ON THE CEO TO DETERMINE THE EXACT AMOUNT OF SALARY INCREASES FOR EACH EMPLOYEE. THE CEO PREPARES A REVIEW FOR EACH EMPLOYEE ON AN ANNUAL BASIS. BASED UPON THE EMPLOYEE OR STAFF'S PERFORMANCE THE CEO WILL GIVE THE EMPLOYEE A PERCENTAGE OR FLAT RATE INCREASE TO THE EMPLOYEE AND INFORMS THEM OF THE EFFECTIVE DATE OF THE INCREASE. THE TOTAL AMOUNT OF ALL SALARY INCREASES MAY NOT EXCEED THE AMOUNT APPROVED BY THE BOARD OF DIRECTORS IN THE BUDGET WITHOUT APPROVAL FROM THE BOARD OF DIRECTORS. THE SALARIES ARE MONITORED EACH MONTH BY THE FINANCIAL AFFAIRS COMMITTEE AND THE BOARD OF DIRECTORS TO MAKE SURE THAT THE TOTAL DOLLARS HAVEN'T EXCEEDED THE ANNUAL BUDGETED AMOUNT. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE CHAMBER'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND ANNUAL FINANCIAL STATEMENTS ARE AVAILIABLE UPON REQUEST. |
| FORM 990, PART XII LINE 2C | THERE WAS NO CHANGE IN THE OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR. |
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