CAPITAL REGION CHAMBER OF COMMERCE INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
CAPITAL REGION CHAMBER OF COMMERCE INC (EIN 47-4159612)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-11-15
IRS object ID
202413209349310601
Schema version
2023v5.1
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)
Return2024-11-15T11:25:17-06:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN141555429PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1UHY ADVISORS NORTHEAST INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14 TOWER PLACE EXECUTIVE PARK 7THAddressLine1Txt
Address Line2FLOORAddressLine2Txt
CityALBANYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12203ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN474159612EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CAPITAL REGION CHAMBER OF COMMERCE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCAPIBusinessNameControlTxt
Phone5184311416PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15 COMPUTER DR SAddressLine1Txt
CityALBANYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12205ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARK N EAGANPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone5184311416PhoneNum
Signature2024-11-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonF MICHAEL ZOVISTOSKIPreparerPersonNm
PTINP00547760PTIN
Phone5184493166PhoneNum
Preparation2024-11-07PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMARK N EAGANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line15 COMPUTER DR SAddressLine1Txt
CityALBANYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12205ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$7,505,546GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressCAPITALREGIONCHAMBER.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2015FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTHE MISSION OF THE CAPITAL REGION CHAMBER OF COMMERCE, INC. IS TO BE A UNIFYING FORCE FOR PROGRESS, LEADING OPPORTUNITIES FOR BUSINESSES TO SUCCEED, AND FOR PEOPLE AND OUR COMMUNITITES TO PROSPER.ActivityOrMissionDesc
Voting Members Governing Body45VotingMembersGoverningBodyCnt
Voting Members Independent45VotingMembersIndependentCnt
Total Employee40TotalEmployeeCnt
Total Volunteers148TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,893,673PYContributionsGrantsAmt
CY Contributions Grants$2,643,916CYContributionsGrantsAmt
PY Program Service Revenue$3,109,984PYProgramServiceRevenueAmt
CY Program Service Revenue$2,955,918CYProgramServiceRevenueAmt
PY Investment Income$229,686PYInvestmentIncomeAmt
CY Investment Income$114,567CYInvestmentIncomeAmt
PY Other Revenue$100,000PYOtherRevenueAmt
CY Other Revenue$633,227CYOtherRevenueAmt
PY Total Revenue$6,333,343PYTotalRevenueAmt
CY Total Revenue$6,347,628CYTotalRevenueAmt
PY Grants And Similar Paid$2,748PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$2,400CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$3,363,448PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,613,376CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,973,083PYOtherExpensesAmt
CY Other Expenses$1,729,679CYOtherExpensesAmt
PY Total Expenses$5,339,279PYTotalExpensesAmt
CY Total Expenses$5,345,455CYTotalExpensesAmt
PY Revenues Less Expenses$994,064PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,002,173CYRevenuesLessExpensesAmt
Total Assets BOY$15,002,157TotalAssetsBOYAmt
Total Assets EOY$16,410,101TotalAssetsEOYAmt
Total Liabilities BOY$2,918,496TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,937,108TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$12,083,661NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$13,472,993NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF THE CAPITAL REGION CHAMBER OF COMMERCE, INC. IS TO BE A UNIFYING FORCE FOR PROGRESS, LEADING OPPORTUNITIES FOR BUSINESSES TO SUCCEED, AND FOR PEOPLE AND OUR COMMUNITITES TO PROSPER.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,376,340ExpenseAmt
Revenue$2,590,076RevenueAmt
DescMEMBER SERVICES - SERVE THE DIVERSE INTERESTS OF MEMBER BUSINESSES BY PROVIDING RELEVANT PROGRAMS, SERVICES AND BENEFITS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$200,529ExpenseAmt
Revenue$217,761RevenueAmt
DescPEOPLE/WORKFORCE DEVELOPMENT - SUPPORT BUSINESSES TO ATTRACT AND DEVELOP THEIR HUMAN CAPITAL; THIS INCLUDES EDUCAITON/WORKFORCE DEVELOPMENT, DIVERSITY AND INCLUSION, YOUNG PROFESSIONALS NETWORL, AND LEADERSHIP CAPITAL REGION.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$256,591ExpenseAmt
Grant$2,400GrantAmt
Revenue$108,596RevenueAmt
DescBUSINESS GROWTH - PROVIDE RESOURCES TO FUEL GROWTH INCLUDING TECHNICAL ASSISTANCE, LOAN PROGRAMS AND ENTREPRENEURIAL START-UP SUPPORT.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$220,602ExpenseAmt
Revenue$39,485RevenueAmt
DescADVOCACY - PROVIDE LEADERSHIP AND A UNITED VOICE TO ASSERTIVELY ADVODATE ON ISSUES, POLICIES AND PROJECTS THAT WILL IMPROVE THE BUSINESS CLIMATE AND ENHANCE THE COMPETITIVENESS AND ECONOMIC VITALITY OF THE REGION.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$220,602TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$39,485TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$2,054,062TotalProgramServiceExpensesAmt
Described In Section501c30DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document35IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee40EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members45GoverningBodyVotingMembersCnt
Independent Voting Member45IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonCHRISTINE HOLLEPersonNm
Phone5184311416PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15 COMPUTER DR SAddressLine1Txt
CityALBANYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12205ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (50 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
DAWN ABBUHL
DIRECTOR1.000.00Yes (X)$0$0$0
VIKASH AGRAWAL
DIRECTOR1.000.00Yes (X)$0$0$0
RAIMUNDO C ARCHIBOLD
DIRECTOR1.000.00Yes (X)$0$0$0
LISA AVILA
DIRECTOR1.000.00Yes (X)$0$0$0
ANGELA BEDDOE
DIRECTOR1.000.00Yes (X)$0$0$0
JOHN D BENNETT
DIRECTOR1.000.00Yes (X)$0$0$0
PETER BENYON
DIRECTOR1.000.00Yes (X)$0$0$0
BETH BESHAW
DIRECTOR1.000.00Yes (X)$0$0$0
ANTHONY CARNEVALE
DIRECTOR1.000.00Yes (X)$0$0$0
KAREN CARPENTER
DIRECTOR1.000.00Yes (X)$0$0$0
SUJATA CHAUDHRY
DIRECTOR1.000.00Yes (X)$0$0$0
ANTONIO CIVITELLA
DIRECTOR1.000.00Yes (X)$0$0$0
SAMUEL CONZONE
DIRECTOR1.000.00Yes (X)$0$0$0
CARMINE DECRESCENTE III
DIRECTOR1.000.00Yes (X)$0$0$0
DAVID DEMARCO
DIRECTOR1.000.00Yes (X)$0$0$0
CHRISTOPHER DOWD
DIRECTOR1.000.00Yes (X)$0$0$0
TRENT GRIFFIN-BRAAF
DIRECTOR1.000.00Yes (X)$0$0$0
DAVID HANNOUSH
DIRECTOR1.000.00Yes (X)$0$0$0
RICHARD HENDRICK
DIRECTOR1.000.00Yes (X)$0$0$0
THOMAS HOFFMAN JR
DIRECTOR1.000.00Yes (X)$0$0$0
DARRIN JAHNEL
DIRECTOR1.000.00Yes (X)$0$0$0
ANNA KUWABARA
DIRECTOR1.000.00Yes (X)$0$0$0
ERIC LACOPPOLA
DIRECTOR1.000.00Yes (X)$0$0$0
JENNIFER LAWRENCE
DIRECTOR1.000.00Yes (X)$0$0$0
KIRK LEWIS
DIRECTOR1.000.00Yes (X)$0$0$0
GUY MADDALONE
DIRECTOR1.000.00Yes (X)$0$0$0
RUTH H MAHONEY
DIRECTOR1.000.00Yes (X)$0$0$0
DARIA MALLIN
DIRECTOR1.000.00Yes (X)$0$0$0
DENNIS MCKENNA MD
DIRECTOR1.000.00Yes (X)$0$0$0
SABRINA MOSSEAU
DIRECTOR1.000.00Yes (X)$0$0$0
STEPHEN OBERMAYER
DIRECTOR1.000.00Yes (X)$0$0$0
FRANCES O'ROURKE
DIRECTOR1.000.00Yes (X)$0$0$0
JAIME ORTIZ
DIRECTOR1.000.00Yes (X)$0$0$0
HEATHER PETERSON
DIRECTOR1.000.00Yes (X)$0$0$0
JOHN ROBINSON
DIRECTOR1.000.00Yes (X)$0$0$0
L OLIVER ROBINSON PHD
DIRECTOR1.000.00Yes (X)$0$0$0
DEAN SKARLIS PHD
DIRECTOR1.000.00Yes (X)$0$0$0
WALTER THORNE
DIRECTOR1.000.00Yes (X)$0$0$0
MICHELLE WILDGRUBE
DIRECTOR1.000.00Yes (X)$0$0$0
MICHAEL YORK
DIRECTOR1.000.00Yes (X)$0$0$0
ANDREA CRISAFULLI
CHAIR1.000.00Yes (X)$0$0$0Yes (X)
CHRISTOPHER CANNUCCIARI
TREASURER1.000.00Yes (X)$0$0$0Yes (X)
DAVID R HARRIS PHD
SECRETARY1.000.00Yes (X)$0$0$0Yes (X)
ROGER RAMSAMMY
CHAIR-ELECT1.000.00Yes (X)$0$0$0Yes (X)
JEFFREY BUELL
IMMEDIATE PAST CHAIR1.000.00Yes (X)$0$0$0Yes (X)
STUART F KLEIN
GENERAL COUNSEL1.000.00Yes (X)$0$0$0Yes (X)
MARK N EAGAN
PRESIDENT & CEO26.0019.00$245,354$179,297$76,587Yes (X)
CHRISTINE A HOLLE
VP, FINANCE & OPERATIONS17.0028.00$50,177$82,645$11,813Yes (X)
PETER P BARDUNIAS
SENIOR VP, MEMBERSHIP & COMMUNITY ADVANCEMENT38.002.00$114,136$6,007$10,515Yes (X)
THOMAS J O'CONNOR
VP, GOVERNMENT AFFAIRS36.004.00$101,046$11,227$9,893Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$510,713TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$279,176TotReportableCompRltdOrgAmt
Total Other Compensation$108,808TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Related Organizations$2,643,916RelatedOrganizationsAmt
Total Contributions$2,643,916TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MEMBER SERVICES561000$2,590,076$2,590,076
TALENT900099$217,761$217,761
BUSINESS GROWTH900099$108,596$108,596
ADVOCACY900099$39,485$39,485
FieldValueIRS element (for citing)
Total Program Service Revenue$2,955,918TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$117,427TotalRevenueColumnAmt
Exclusion$117,427ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,155,058SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$1,157,918SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$2,860SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$2,860TotalRevenueColumnAmt
Exclusion-$2,860ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
OTHER REVENUE900099$516,024$516,024
LOAN INTEREST INCOME900099$117,203$117,203
FieldValueIRS element (for citing)
Other Revenue Total$633,227OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,347,628TotalRevenueColumnAmt
Related Or Exempt Func Income$2,955,918RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$747,794ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$2,400TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,983,254TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$183,748TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$213,235TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$233,139TotalAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$32,397TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$21,704TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$54,887TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$26,969TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$67,353TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$17,486TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$106,979TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$280,180TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$453,276TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$11,485TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$308,930TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$24,489TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$22,551TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
INTERCOMPANY EXPENSE$183,317
LOAN FUND EXPENSE$93,205
DUES & SUBSCRIPTIONS$24,444
NYS TAXES AND FEES$27

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,345,455TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,395,021BOYAmt
EOY$4,328,747EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$378,943BOYAmt
EOY$51,987EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$77,636BOYAmt
EOY$87,576EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$110,168BOYAmt
EOY$81,521EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$38,655BOYAmt
EOY$33,391EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$726,465LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$623,034LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$127,920BOYAmt
EOY$103,431EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$3,653,771BOYAmt
EOY$3,460,125EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$8,220,043BOYAmt
EOY$8,263,323EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$15,002,157BOYAmt
EOY$16,410,101EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$362,264BOYAmt
EOY$353,810EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$735,176BOYAmt
EOY$955,826EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,821,056BOYAmt
EOY$1,627,472EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,918,496BOYAmt
EOY$2,937,108EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$4,049,431BOYAmt
EOY$5,502,830EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$8,034,230BOYAmt
EOY$7,970,163EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$12,083,661BOYAmt
EOY$13,472,993EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$15,002,157BOYAmt
EOY$16,410,101EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,002,173ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$387,159NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House Lobbying0OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd
Dues Assessments$1,896,189DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$32,172NonDeductibleLbbyngPltclCYAmt
Non Ded Lbbyng Pltcl Cyov-$6,714NonDedLbbyngPltclCyovAmt
Non Deductible Lbbyng Pltcl Tot$25,458NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$47,405AggregateReportedDuesNtcAmt
Taxable-$21,947TaxableAmt

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$326,088OtherCostOrOtherBasisAmt
Depreciation$321,225DepreciationAmt
Book Value$4,863BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$351,652OtherCostOrOtherBasisAmt
Depreciation$253,084DepreciationAmt
Book Value$98,568BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$48,725OtherCostOrOtherBasisAmt
Depreciation$48,725DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$103,431TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (8 entries)

DescDescBook ValueBookValueAmt
LOANS RECEIVABLE - REVOLVING LOAN FUND$5,425,990
RIGHT OF USE ASSET$756,007
DUE FROM RELATED PARTY$799,378
INVESTMENTS HELD FOR 457(B) PLAN$502,702
GRANT FUNDS HELD IN TRUST-CUSTODIAL$235,455
ACCRUED INTEREST-REVOLVING LOAN FUND$15,315
INVESTMENT IN RELATED PARTY$100
LOAN FUNDS - NON-CUSTODIAL$528,376
FieldValueIRS element (for citing)
Total Book Value Other Assets$8,263,323TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
OPERATING LEASE LIABILITY$751,522
INVESTMENTS HELD FOR 457(B) PLAN$502,702
REFUNDABLE GRANTS$235,454
FUNDS HELD ON BEHALF OF OTHERS$137,794
FieldValueIRS element (for citing)
Total Liability$1,627,472TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE CHAMBER ADOPTED THE PROVISIONS OF FASB ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE ADOPTION OF THIS STANDARD RESULTED IN NO UNCERTAINTY TAX BENEFITS OR PROVISIONS IDENTIFIED AND RECORDED AS A LIABILITY OR ASSET. THE CHAMBER BELIEVES THAT THERE ARE NO TAX PROVISIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD SIGNIFICANTLY INCREASE OR DECREASE UNRECOGNIZED TAX BENEFITS WITHIN 12 MONTHS OF THE REPORTING DATE. NONE OF THE CHAMBER'S FEDERAL OR STATE INCOME TAX RETURNS ARE CURRENTLY UNDER EXAMINATION BY THE INTERNAL REVENUE SERVICE OR STATE TAX AUTHORITIES.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonMARK N EAGANPersonNm
TitlePRESIDENT & CEOTitleTxt
Base Compensation Filing Org$224,291BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$163,905CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$21,063BonusFilingOrganizationAmount
Bonus Related Organizations$15,392BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$15,253DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$11,147DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$28,997NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$21,190NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$289,604TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$211,634TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6MEMBERS CONSIST OF ALL FIRMS, CORPORATIONS AND PERSONS INVOLVED IN THE INDUSTRIAL, COMMERCIAL, FINANCIAL, EDUCATIONAL, CULTURAL OR GENERAL WELL-BEING OF THE REGION, OR WHO DESIRE TO PRESERVE AND PROMOTE THE OBJECTIVE OF THE CHAMBER.
FORM 990, PART VI, SECTION A, LINE 7AAN ANNUAL MEETING OF THE MEMBERS IS HELD ON A DATE FIXED BY THE CHAIR OF THE BOARD OR THE PRESIDENT AND CHIEF EXECUTIVE OFFICER. THE PURPOSE OF THE ANNUAL MEETING IS TO ELECT DIRECTORS, AND TO CONDUCT SUCH OTHER BUSINESS AS MAY COME BEFORE THE MEETING.
FORM 990, PART VI, SECTION B, LINE 11BCOPY WAS POSTED TO THE BOARD MEMBER PAGE OF THE CHAMBER'S WEBSITE TO BE VIEWED BEFORE FILING OF THE TAX RETURN.
FORM 990, PART VI, SECTION B, LINE 12CTHIS IS MONITORED ANNUALLY AS PART OF THE BOARDS ANNUAL MEETING.
FORM 990, PART VI, SECTION B, LINE 15ATHE POLICY IS TO COMPENSATE THE CHIEF EXECUTIVE OFFICER BASED ON NATIONAL COMPARISONS. KEY EMPLOYEES ARE COMPENSATED BASED ON SIMILAR POSITIONS IN THE REGION. THE AMERICAN CHAMBER OF COMMERCE EXECUTIVES PROVIDES PAYROLL COMPARISON AND IS A SOURCE THAT IS REVIEWED TO OBTAIN INFORMATION FOR COMPARISON.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationInd
CAPITAL REGION CHAMBER FOUNDATION
FIVE COMPUTER DRIVE SOUTHALBANYNY12205141736856EDUCATIONNY501(C)(3)LINE 12B, IIN/A0
ALBANY-COLONIE REGIONAL CHAMBER
FIVE COMPUTER DRIVE SOUTHALBANYNY12205140461460COMM PROG.NY501(C)(6)N/A0
SCHENECTADY COUNTY CHAMBER
FIVE COMPUTER DRIVE SOUTHALBANYNY12205141041320COMM PROG.NY501(C)(6)N/A0
THE CHAMBER OF SOUTHERN SARATOGA CO
FIVE COMPUTER DRIVE SOUTHALBANYNY12205141615023COMM PROG.NY501(C)(6)N/A0
CEG OF THE CAPITAL REGION INC
FIVE COMPUTER DRIVE SOUTHALBANYNY12205822369976ECON GWTHNY501(C)(6)N/A0
CENTER FOR ECONOMIC GROWTH INC
FIVE COMPUTER DRIVE SOUTHALBANYNY12205222880333ECON GWTHNY501(C)(3)LINE 10N/A0

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1BUSINESS SERVICES CORPORATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1FIVE COMPUTER DRIVE SOUTHAddressLine1Txt
CityALBANYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12205ZIPCd
FieldValueIRS element (for citing)
EIN141767209EIN
Primary ActivitiesBUS GROWTHPrimaryActivitiesTxt
Legal Domicile StateNYLegalDomicileStateCd
Direct Controlling NAN/ADirectControllingNACd
Entity TypeCEntityTypeTxt
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (14 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
CAPITAL REGION CHAMBER FOUNDATION
N$153,998ALLOC BASED ON STAFFING %
CAPITAL REGION CHAMBER FOUNDATION
O$674,723ALLOC BASED ON STAFFING %
CAPITAL REGION CHAMBER FOUNDATION
D$341,136
CAPITAL REGION CHAMBER FOUNDATION
B$183,317
BUSINESS SERVICES CORPORATION
C$42,633
BUSINESS SERVICES CORPORATION
N$27,032ALLOC BASED ON STAFFING %
BUSINESS SERVICES CORPORATION
O$127,863ALLOC BASED ON STAFFING %
BUSINESS SERVICES CORPORATION
D$215,138
CEG OF THE CAPITAL REGION INC
D$76,537
CEG OF THE CAPITAL REGION INC
N$97,729ALLOC BASED ON STAFFING %
CEG OF THE CAPITAL REGION INC
O$503,419ALLOC BASED ON STAFFING %
CENTER FOR ECONOMIC GROWTH INC
D$166,567
CENTER FOR ECONOMIC GROWTH INC
N$213,170ALLOC BASED ON STAFFING %
CENTER FOR ECONOMIC GROWTH INC
O$803,344ALLOC BASED ON STAFFING %

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