GRAND RAPIDS AREA CHAMBER OF COMMERCE: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
GRAND RAPIDS AREA CHAMBER OF COMMERCE (EIN 38-0592500)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-05-30
IRS object ID
202431519349300823
Schema version
2023v5.0
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

FieldValueIRS element (for citing)
Return2024-05-30T11:21:52-07:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN412208930PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1VREDEVELD HAEFNER LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110302 20TH AVE NWAddressLine1Txt
CityGRAND RAPIDSCityNm
State AbbreviationMIStateAbbreviationCd
ZIP49534ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN380592500EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Grand Rapids Area Chamber of CommerceBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGRANBusinessNameControlTxt
Phone6167710350PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1250 Monroe Ave NW Suite 150AddressLine1Txt
CityGrand RapidsCityNm
State AbbreviationMIStateAbbreviationCd
ZIP49503ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonRick BakerPersonNm
Person TitleCEOPersonTitleTxt
Phone6167710350PhoneNum
Signature2024-05-22SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstRickPersonFirstNm
Person LastBakerPersonLastNm
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMichael J VredeveldPreparerPersonNm
PTINP02353300PTIN
Phone6166488447PhoneNum
Preparation2024-05-30PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerRick BakerPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1250 Monroe Ave NW Suite 150AddressLine1Txt
CityGrand RapidsCityNm
State AbbreviationMIStateAbbreviationCd
ZIP49503ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$4,950,226GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website Addresswww.grandrapids.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1888FormationYr
Legal Domicile StateMILegalDomicileStateCd
Activity Or MissionSee Schedule OActivityOrMissionDesc
Voting Members Governing Body23VotingMembersGoverningBodyCnt
Voting Members Independent23VotingMembersIndependentCnt
Total Employee48TotalEmployeeCnt
Total Volunteers81TotalVolunteersCnt
Total Gross UBI$46,610TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$25,000PYContributionsGrantsAmt
CY Contributions Grants$257,840CYContributionsGrantsAmt
PY Program Service Revenue$4,029,721PYProgramServiceRevenueAmt
CY Program Service Revenue$3,895,936CYProgramServiceRevenueAmt
PY Investment Income$7,965PYInvestmentIncomeAmt
CY Investment Income$60,842CYInvestmentIncomeAmt
PY Other Revenue$548,854PYOtherRevenueAmt
CY Other Revenue$735,608CYOtherRevenueAmt
PY Total Revenue$4,611,540PYTotalRevenueAmt
CY Total Revenue$4,950,226CYTotalRevenueAmt
PY Grants And Similar Paid$10,800PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,640CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$3,127,531PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,408,095CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,590,095PYOtherExpensesAmt
CY Other Expenses$1,811,564CYOtherExpensesAmt
PY Total Expenses$4,728,426PYTotalExpensesAmt
CY Total Expenses$5,221,299CYTotalExpensesAmt
PY Revenues Less Expenses-$116,886PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$271,073CYRevenuesLessExpensesAmt
Total Assets BOY$9,810,663TotalAssetsBOYAmt
Total Assets EOY$10,457,694TotalAssetsEOYAmt
Total Liabilities BOY$7,616,410TotalLiabilitiesBOYAmt
Total Liabilities EOY$8,373,871TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,194,253NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,083,823NetAssetsOrFundBalancesEOYAmt
MissionSee Schedule OMissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
DescPublic Policy and Government Affairs - Identify issues of concern and work with elected officials to promote policies and programs to stimulate the area's economic growth and create job opportunities. Our top priorities this year were housing and homelessness, public safety, right to work, and paid sick leave/minimum wage adoption and amendment.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescMember Services - Strengthen the Chamber's membership and improve services to members with special emphasis on member recruitment, retention and activation through continued communication with members. Discount programs for members included office supplies, workers comp insurance, tuition discounts, fuel, and internet service. Publication of our bi-monthly e-newsletter highlights members and offers advertising opportunities. We welcomed 595 new members and retained 87% of our current members.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescPrograms and Events - Provide opportunities for business networking through a variety of member events. The Chamber started up our Center for Economic Inclusion and prepared for the launch of Diverse Business Enterprise certifications in early 2023.Desc
FieldValueIRS element (for citing)
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Subject To Proxy TaxYes (true)SubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document38IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee48EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members23GoverningBodyVotingMembersCnt
Independent Voting Member23IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Kate WezemanBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6167710350PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1250 Monroe Ave NW Suite 150AddressLine1Txt
CityGrand RapidsCityNm
State AbbreviationMIStateAbbreviationCd
ZIP49503ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (29 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
Jennifer Crowley
President1.00Yes (X)Yes (X)$0$0$0
James Byl
Vice President1.00Yes (X)Yes (X)$0$0$0
Jeff Lumpp
Treasurer1.00Yes (X)Yes (X)$0$0$0
Alisha Cieslak
Director1.00Yes (X)$0$0$0
Brad Thomas
Director1.00Yes (X)$0$0$0
David Leonard
Director1.00Yes (X)$0$0$0
Diana Lawson
Director1.00Yes (X)$0$0$0
Hannah Nalter
Director1.00Yes (X)$0$0$0
Jeffrey Connolly
Director1.00Yes (X)$0$0$0
Tracey Hornbeck
Director1.00Yes (X)$0$0$0
John VanFossen
Director1.00Yes (X)$0$0$0
Krista Flynn
Director1.00Yes (X)$0$0$0
Steven Miller
Director1.00Yes (X)$0$0$0
Michael Davenport
Director1.00Yes (X)$0$0$0
Michael Nelson
Director1.00Yes (X)$0$0$0
Natalie Stewart
Director1.00Yes (X)$0$0$0
Robert Hughes
Director1.00Yes (X)$0$0$0
Ruben Ramos
Director1.00Yes (X)$0$0$0
Ana Ramirez Saenz
Director1.00Yes (X)$0$0$0
William Brennan
Director1.00Yes (X)$0$0$0
Randy Thelen
Director1.00Yes (X)$0$0$0
Lauren Snyder
Director1.00Yes (X)$0$0$0
Zach Verhulst
Director1.00Yes (X)$0$0$0
Rick Baker
CEO40.00Yes (X)Yes (X)$315,690$0$22,752
Kate Wezeman
VP of Finance and Operations40.00Yes (X)$139,427$0$15,141
Omar Cuevas
VP of Sales and Marketing40.00$204,196$0$24,972Yes (X)
Andy Johnston
Sr. Vice President of Advocacy & Strategic Engagement40.00$129,734$0$25,001Yes (X)
Joshua Lunger
VP of Government Affairs40.00$103,986$0$12,844Yes (X)
Attah Obande
VP of Business and Talent Development40.00$105,744$0$21,053Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$998,777TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$121,763TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K6IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
CWD 250 Monroe LLC
50 Louis NW Suite 600Grand RapidsMI49503Rent$345,433
CS Erickson
220 N FerryGrand HavenMI49417A/V Installation$170,838
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt
All Other Contributions$257,840AllOtherContributionsAmt
Total Contributions$257,840TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
General Dues900099$1,676,613$0$0
Programs and events900099$1,731,410$0$0
New member dues900099$487,913$0$0
FieldValueIRS element (for citing)
Total Program Service Revenue$3,895,936TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$60,842TotalRevenueColumnAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$60,842ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$22,432TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$22,432ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
Miscellaneous900099$666,566$666,566$0$0
Publication sales541800$46,610$0$46,610$0
FieldValueIRS element (for citing)
Other Revenue Total$713,176OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,950,226TotalRevenueColumnAmt
Related Or Exempt Func Income$4,562,502RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$46,610UnrelatedBusinessRevenueAmt
Exclusion$83,274ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$1,640TotalAmt
Program Services$0ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$789,047TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,889,007TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$537,141TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$192,900TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$83,276TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$30,325TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$24,714TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$58,183TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$476,759TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$410,188TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$204,503TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$19,189TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Program and events$253,697$0$0$0
Community support$42,348$0$0$0
Repair and maintenance$50,687$0$0$0
Bank fees$49,727$0$0$0

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$107,968TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,221,299TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$117,440BOYAmt
EOY$191,153EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$2,338,071BOYAmt
EOY$1,552,834EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$26,000BOYAmt
EOY$0EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$271,432BOYAmt
EOY$738,475EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$128,669BOYAmt
EOY$52,585EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,953,883LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$860,986LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$848,714BOYAmt
EOY$2,092,897EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$809,684BOYAmt
EOY$968,772EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$5,270,653BOYAmt
EOY$4,860,978EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$9,810,663BOYAmt
EOY$10,457,694EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$347,685BOYAmt
EOY$375,004EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,412,428BOYAmt
EOY$1,854,354EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
EOY$382,834EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$5,856,297BOYAmt
EOY$5,761,679EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$7,616,410BOYAmt
EOY$8,373,871EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,194,253BOYAmt
EOY$2,083,823EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,194,253BOYAmt
EOY$2,083,823EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,810,663BOYAmt
EOY$10,457,694EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$271,073ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$160,643NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues NondedfalseSubstantiallyAllDuesNondedInd
Only In House LobbyingfalseOnlyInHouseLobbyingInd
Agree Carryover Prior YearfalseAgreeCarryoverPriorYearInd
Dues Assessments$2,157,002DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$100,630NonDeductibleLbbyngPltclCYAmt
Non Deductible Lbbyng Pltcl Tot$100,630NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$172,560AggregateReportedDuesNtcAmt
Taxable$0TaxableAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$65,894BeginningYearBalanceAmt
Investment Earnings Or Losses$0InvestmentEarningsOrLossesAmt
End Year Balance$65,894EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$77,768BeginningYearBalanceAmt
Investment Earnings Or Losses-$11,874InvestmentEarningsOrLossesAmt
End Year Balance$65,894EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$67,480BeginningYearBalanceAmt
Investment Earnings Or Losses$10,288InvestmentEarningsOrLossesAmt
End Year Balance$77,768EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$69,568BeginningYearBalanceAmt
Investment Earnings Or Losses$3,912InvestmentEarningsOrLossesAmt
Grants Or Scholarships$6,000GrantsOrScholarshipsAmt
End Year Balance$67,480EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$61,909BeginningYearBalanceAmt
Investment Earnings Or Losses$7,659InvestmentEarningsOrLossesAmt
End Year Balance$69,568EndYearBalanceAmt
FieldValueIRS element (for citing)
Endowments Held Unrelated OrgYes (true)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgYes (true)EndowmentsHeldRelatedOrgInd
Related Org List Sch RYes (true)RelatedOrgListSchRInd

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Book Value$0BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$0OtherCostOrOtherBasisAmt
Depreciation$0DepreciationAmt
Book Value$0BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$2,144,432OtherCostOrOtherBasisAmt
Depreciation$636,591DepreciationAmt
Book Value$1,507,841BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$654,148OtherCostOrOtherBasisAmt
Depreciation$143,353DepreciationAmt
Book Value$510,795BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$155,303OtherCostOrOtherBasisAmt
Depreciation$81,042DepreciationAmt
Book Value$74,261BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$2,092,897TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescRight of use leased assetsDesc
Book Value$4,860,978BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$4,860,978TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescLease liabilityDesc
Amt$5,761,679Amt
FieldValueIRS element (for citing)
Total Liability$5,761,679TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Pt V, Line 4The Chamber maintains an agency endowment fund held by the Grand Rapids Community Foundation. Under this agreement, the Chamber is entitled to spend 5% of the fund's average fair market value over a period of 16 rolling quarters of the investments in perpetuity but has no right to the principal.
Pt X, Line 2The Chamber is a not-for-profit organization exempt from federal income taxes under Section 501(c)(6) of the Internal Revenue Code. However, income from certain activities not directly related to the Organization's tax-exempt purpose is subject to taxation as unrelated business income. As of December 31, 2022, the years 2019 through 2021 remain subject to examination by major tax jurisdictions. The Organization has concluded that there are no significant uncertain tax positions requiring recognition in the financial statements.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)

Base Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Rick Baker
$275,311$0$40,379$0$0$0$14,751$0$8,001$0$338,442$0$0$0
Kate Wezeman
$125,358$0$14,069$0$0$0$6,888$0$8,253$0$154,568$0$0$0
Omar Cuevas
$182,550$0$21,646$0$0$0$5,768$0$19,204$0$229,168$0$0$0
Andy Johnston
$115,309$0$14,425$0$0$0$7,176$0$17,825$0$154,735$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
OtherPart I Line 1 - Creating opportunities for West Michigan and members to connect, grow, and succeed. To be the leading business membership organization in West Michigan by providing outstanding membership, advocacy, diversity, and community programming that promotes inclusion, prosperity and growth.
OtherPart III Line 1 - Creating opportunities for West Michigan and members to connect, grow, and succeed. To be the leading business membership organization in West Michigan by providing outstanding membership, advocacy, diversity, and community programming that promotes inclusion, prosperity and growth.
Pt VI, Line 11bThe 990 is reviewed by the CFO. Once the CFO agrees with the return, it is reviewed by the Board President and accepted. A draft is sent electronically to the Board Members for review. All reviews take place prior to filing the 990.
Pt VI, Line 12cAll Directors and Officers sign a conflict of interest policy annually. This is reviewed by the Board President. The Board President has the power to remove any Board Member from voting on an issue where there could possibly be a conflict of interest. Generally, Board Members remove themselves from the voting process voluntarily.
Pt VI, Line 15aThe Organization has a compensation committee and the chair interviews the ELT (the CEO's direct reports) to discuss all aspects of the CEOs work. The committee reviews the compensation as compared to ACCE Salary Surveys, local and regional chamber surveys and local CEO salary comparables and makes recommendations for adjustment. The process is documented and placed in the payroll file.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtControlled OrganizationControlledOrganizationInd
Greater Grand Rapids Chamber Foundation
250 Monroe Ave NW Suite 150Grand RapidsMI49503237221790Program FundingMI501(c)312false
Silent Observer
250 Monroe Ave NW Suite 150Grand RapidsMI49503822884153MI501(c)37false
Family Business Alliance
250 Monroe Ave NW Suite 150Grand RapidsMI49503822884232MI501(c)6false
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (true)ReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
Family Business Alliance
N$16,204FMV
Greater Grand Rapids Chamber Foundation
Q$1,382,130FMV
Silent Observer
N$18,000FMV

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