2023-05-08T12:58:27-05:00 2022-06-30 420714325 RSM US LLP 1001 WATER ST STE 500 TAMPA FL 33602 990 2021-07-01 521796571 THE CHIMES FOUNDATION INC CHIM 4103586400 4815 SETON DRIVE BALTIMORE MD 21215 STEPHEN DARE PRESIDENT/CEO 4103586400 2023-05-02 1 STEPHEN DARE 999009999 KRISTEN BARNETT P01234578 8133162300 2023-05-02 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z STEPHEN DARE 4815 SETON DRIVE BALTIMORE MD 21215 1562699 0 X WWW.CHIMES.ORG X 1991 DE TO PROVIDE ONGOING FINANCIAL SUPPORT FOR PROGRAMS AND SERVICES WHICH ENHANCE THE QUALITY OF LIFE FOR PEOPLE WITH DISABILITIES. IN ADDITION, THE EFFORTS OF THE CHIMES FOUNDATION WILL ENHANCE THE IMAGE OF THE CHIMES FAMILY OF SERVICES BY STRATEGICALLY POSITIONING THESE FOR PEOPLE WITH DISABILITIES. IN ADDITION, THE EFFORTS OF THE CHIMES FOUNDATION WILL ENHANCE THE IMAGE OF THE CHIMES FAMILY OF SERVICES BY STRATEGICALLY POSITIONING THESE ORGANIZATIONS AMONG THEIR VARIOUS PUBLICS FOR THE PURPOSE OF SECURING ONGOING SUPPORT. 11 11 0 11 0 0 140449 1081979 0 0 955005 137919 0 108129 1095454 1328027 1028263 5600 0 0 0 0 0 0 281715 195350 470064 1223613 475664 -128159 852363 16891967 16366899 2401487 2599377 14490480 13767522 X TO PROVIDE ONGOING FINANCIAL SUPPORT FOR PROGRAMS AND SERVICES WHICH ENHANCE THE QUALITY OF LIFE FOR PEOPLE WITH DISABILITIES. IN ADDITION, THE EFFORTS OF THE CHIMES FOUNDATION WILL ENHANCE THE IMAGE OF THE CHIMES FAMILY OF SERVICES BY STRATEGICALLY POSITIONING THESE FOR PEOPLE WITH DISABILITIES. IN ADDITION, THE EFFORTS OF THE CHIMES FOUNDATION WILL ENHANCE THE IMAGE OF THE CHIMES FAMILY OF SERVICES BY STRATEGICALLY POSITIONING THESE ORGANIZATIONS AMONG THEIR VARIOUS PUBLICS FOR THE PURPOSE OF SECURING ONGOING SUPPORT. 0 0 5600 5600 CHIMES FOUNDATION PROVIDES ONGOING FINANCIAL SUPPORT FOR PROGRAMS AND SERVICES WHICH ENHANCE THE QUALITY OF LIFE FOR PEOPLE WITH DISABILITIES. THE FOUNDATION PROVIDES PROACTIVE SUPPORT OF NEW PROGRAMS AND SERVICES AND ALSO ASSISTS WITH FUNDING FOR PROGRAM NEEDS THAT EMERGE AND WERE UNANTICIPATED OR NOT INCLUDED IN PROGRAM OPERATING OR CAPITAL BUDGETS.IN ADDITION, THE EFFORTS OF THE CHIMES FOUNDATION ENHANCE THE IMAGE OF CHIMES FAMILY OF SERVICES BY STRATEGICALLY POSITIONING THESE ORGANIZATIONS FOR THE PURPOSE OF SECURING ONGOING PHILANTHROPIC SUPPORT AND PROGRAM GROWTH. CHIMES FOUNDATION IS THE MAIN FUNDRAISING ARM OF CHIMES FAMILY OF SERVICES AND PROVIDES GRANTS TO ORGANIZATIONS WITHIN CHIMES, BUT ALSO IN SOME INSTANCES TO OUTSIDE ORGANIZATIONS THAT SHARE A COMMON PHILOSOPHY OF SERVICE TO PEOPLE WITH DISABILITIES AND BARRIERS TO INDEPENDENT LIVING. 5600 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 2 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X X STEPHEN DARE 4103586400 4815 SETON DRIVE BALTIMORE MD 21215 X TRACEY L DURANT EDH CHAIRPERSON 2.00 X X 0 0 0 DIANNE L SALAMA VICE CHAIRPERSON 1.00 X X 0 0 0 TERENCE G BLACKWELL JR PRESIDENT/CEO 2.00 X X 0 0 0 STEPHEN DARE TREASURER/CFO 2.00 X X 0 0 0 JANE D DRUMM DIRECTOR 1.00 X 0 0 0 THE HONORABLE ROCHELLE SPECTOR DIRECTOR 1.00 X 0 0 0 MICHAEL J MITCHELL DIRECTOR 1.00 X 0 0 0 SARAH LIEB DIRECTOR 1.00 X 0 0 0 THE HONORABLE DILIP PALIATH DIRECTOR 1.00 X 0 0 0 DANIELLE M BRANIAN DIRECTOR 1.00 X 0 0 0 KYNNEE GOLDER DIRECTOR 2.00 X 0 0 0 STACY DISTEFANO CHIEF OPERATING OFFICER 2.00 X 0 0 0 0 0 0 0 0 0 0 0 2925 1079054 845084 1081979 353469 353469 215550 -215550 -215550 -215550 127251 2925 19122 108129 108129 1328027 0 0 246048 X 5600 5600 91693 36497 55196 209 83 126 CENTRAL AGENCY ADMIN EX 189330 75360 113970 BAD DEBT EXPENSE 73903 29416 44487 LICENSES & FEES 62367 24824 37543 DUES 20496 8158 12338 32066 14011 18055 475664 5600 188349 281715 2687900 2549399 2348389 607096 75427 0 23371 23370 584267 472134 19070 6820 7907 7907 7907 11145636 12700173 16891967 16366899 3250 46085 2398237 2553292 2401487 2599377 X 14135881 13441228 354599 326294 14490480 13767522 16891967 16366899 852363 -1575321 0 X X 0 1 X 1 0 X 951077 1122854 646428 140449 1081979 3942787 951077 1122854 646428 140449 1081979 3942787 1289640 2653147 219152 278137 251872 250072 353469 1352702 58910 65323 75080 127251 326564 5622053 0.47190 0.55320 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2017 AMOUNT: $ 12,849. 2018 AMOUNT: $ 459. FUNDRAISING INCOME - 2017 AMOUNT: $ 46,061. 2018 AMOUNT: $ 64,864. 2019 AMOUNT: $ 75,080. 2021 AMOUNT: $ 127,251. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23369 23369 2666877 2643508 23369 2482466 184411 2666877 1825404 657062 2482466 1570092 255312 1825404 1.00000 0 0 7907 7907 7907 FIDELITY CORBYN WEINBERG FUND 2687603 F FIDELITY DF DENT 10012570 F 12700173 DUE TO RELATED PARTIES 2553292 2553292 X 211151672 -1575321 211398966 209823645 1328027 0 1328027 202739797 202264133 202264133 475664 0 475664 PART V, LINE 4: THE CHIMES FOUNDATION RECEIVED $20,000 TO ESTABLISH AN AWARD IN THE NAMES OF INA AND NORMA LAMPNER. THE CORPUS OF THESE FUNDS IS TO BE INVESTED IN PERPETUITY. EARNINGS ON THE CORPUS ARE RESTRICTED IN ACCORDANCE WITH THE GIFT AGREEMENT. PART X, LINE 2: THE ORGANIZATION'S ENTITIES ARE EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND ARE NOT CONSIDERED PRIVATE FOUNDATIONS. NONE OF THE ORGANIZATION'S ACTIVITIES, WITH THE EXCEPTION OF INTERNATIONAL, ARE SUBJECT TO THE TAX ON UNRELATED BUSINESS INCOME. THE ORGANIZATION FOLLOWS THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC), ACCOUNTING FOR INCOME TAXES. THIS TOPIC REQUIRES THE ORGANIZATION TO RECOGNIZE OR DISCLOSE ANY TAX POSITIONS THAT WOULD RESULT IN UNRECOGNIZED TAX BENEFITS. THE ORGANIZATION HAS NO POSITIONS THAT WOULD REQUIRE DISCLOSURE OR RECOGNITION UNDER THE TOPIC. NONE OF THE ORGANIZATION'S ACTIVITIES ARE SUBJECT TO THE TAX ON UNRELATED BUSINESS INCOME. PART XI, LINE 2D - OTHER ADJUSTMENTS: THE CHIMES REVENUE INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS 38,838,025. CHIMES METRO REVENUE INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS 27,518,759. CHIMES DC REVENUE INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS 105,170,105. CHIMES VA REVENUE INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS 6,009,616. CHIMES INT'L LTD. REVENUE INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS 13,839,078. HOLCOMB ASSOCIATES REVENUE INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS 33,221,581. ELIMINATION ENTRIES INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS -14,109,195. INTEREST RATE SWAP 910,997. PART XII, LINE 2D - OTHER ADJUSTMENTS: THE CHIMES EXPENSES INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS 39,012,381. CHIMES METRO EXPENSES INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS 31,481,562. CHIMES DC EXPENSES INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS 93,183,857. CHIMES VA EXPENSES INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS 6,754,873. CHIMES INT'L LTD. EXPENSES INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS 14,750,075. HOLCOMB ASSOCIATES EXPENSES INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS 31,190,580. ELIMINATION ENTRIES INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS -14,109,195. TAILGATE - 2021 130176 2925 127251 515 3588 5835 1350 7834 130176 2925 127251 515 3588 5835 1350 7834 19122 108129 X 2 845084 FMV 0 0 1 0 PART I, COLUMN (B): REPORTING THE NUMBER OF CONTRIBUTORS FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE REVIEWS FORM 990 PRIOR TO THE FILING DEADLINE. THE REMAINING BOARD MEMBERS ARE SUBSEQUENTLY PROVIDED A COPY. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS, OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST STATEMENT QUARTERLY. AT EACH MEETING OF THE BOARD A SCHEDULE OF CONFLICTS OF INTEREST, IF ANY ARE PROVIDED TO MEMBERS. FORM 990, PART VI, SECTION B, LINE 15 THE INDEPENDENT COMPENSATION COMMITTEE OF THE CHIMES INTERNATIONAL BOARD OF DIRECTORS FOLLOWS THE PROCESS DESCRIBED IN THE IRS INTERMEDIATE SANCTIONS RULES WHEN DETERMINING THE COMPENSATION OF THE INDIVIDUALS ON PART VI, LINES 15A AND 15B. MEMBERS OF THE INDEPENDENT COMPENSATION COMMITTEE OF THE CHIMES INTERNATIONAL BOARD OF DIRECTORS SIT ON VARIOUS BOARDS OF RELATED CHIMES FAMILY OF SERVICES ENTITIES. THIS COMMITTEE SERVES AS THE INDEPENDENT COMPENSATION COMMITTEE FOR ALL BOARDS OF RELATED ORGANIZATIONS. SPECIFICALLY, THE COMMITTEE: (1) IS COMPOSED ENTIRELY OF NON-EMPLOYEE VOLUNTEER DIRECTORS WHO HAVE NO FAMILIAL, BUSINESS OR SIGNIFICANT PERSONAL RELATIONSHIPS WITH CHIMES INTERNATIONAL, ITS RELATED COMPANIES OR ITS EXECUTIVES. (2) ENGAGES AN INDEPENDENT COMPENSATION CONSULTING FIRM TO COMPILE APPROPRIATE COMPARABILITY DATA (INCLUDING COMPENSATION MARKET INFORMATION FOR PEERS WITH WHOM CHIMES FAMILY OF SERVICES COMPETES FOR EXECUTIVE TALENT) FOR COMMITTEE RELIANCE. THE COMMITTEE WILL MEET WITH REPRESENTATIVES OF THE CONSULTING FIRM OR COUNSEL TO REVIEW THIS DATA IN DETAIL. (3) REVIEWS ALL ELEMENTS OF EXECUTIVE'S TOTAL COMPENSATION, INCLUDING BUT NOT LIMITED TO BASE SALARY, BONUSES, PERQUISITES, FRINGE BENEFITS, AND INCENTIVE AND DEFERRED COMPENSATION ARRANGEMENTS. UPON THE EXECUTIVE'S HIRE, AND AT EACH POINT IN TIME THEREAFTER AT WHICH A NEW OR REVISED COMPENSATION ARRANGEMENT IS UNDER CONSIDERATION WITH RESPECT TO THE EXECUTIVE, THE COMMITTEE MEETS WITH COUNSEL AND/OR WITH ITS INDEPENDENT COMPENSATION CONSULTING FIRM BEFORE THE ARRANGEMENT IS IMPLEMENTED TO EVALUATE THE REASONABLENESS OF THE ARRANGEMENT BY COMPARING BOTH THE ARRANGEMENT ITSELF AND THE EXECUTIVE'S ENTIRE COMPENSATION PACKAGE TO COMPENSATION PACKAGES PAID BY SIMILARLY SITUATED ORGANIZATIONS FOR FUNCTIONALLY COMPARABLE POSITIONS. (4) DOCUMENTS, CONCURRENTLY WITH ITS DETERMINATION, THE BASIS FOR ITS DETERMINATION IN THE MINUTES OF ITS MEETING. THESE MINUTES ARE REVIEWED, REVISED IF NECESSARY AND APPROVED AT THE FOLLOWING MEETING OF THE COMMITTEE. (5) RETAINS RECORDS CONCERNING THE COMMITTEE'S COMPLIANCE WITH THE IRS INTERMEDIATE SANCTIONS RULES. II. ON A PERIODIC BASIS, THE COMMITTEE USES THE PROCESS DESCRIBED ABOVE TO EVALUATE THE POSITIONS OF COO/EVP OPERATIONS, CFO/EVP FINANCE AND CEO/PRESIDENT. IN ADDITION, PERIODIC COMPENSATION STUDIES ARE OBTAINED FOR PURPOSES OF ESTABLISHING BASELINE COMPENSATION INFORMATION FOR THE COMMITTEE. CURRENTLY, THE COMMITTEE IS USING COMPENSATION STUDIES OBTAINED IN THE FOLLOWING TAX YEARS FOR THEIR RESPECTIVE POSITIONS: POSITION & YEAR COO/EVP OPERATIONS - 2019 CFO/EVP FINANCE - 2019 CEO/PRESIDENT - 2019 COO'S RELATED ORGANIZATIONS - 2019 FORM 990, PART VI, SECTION C, LINE 18 THESE DOCUMENTS ARE MADE AVAILABLE ON THE ORGANIZATION'S WEBSITE AS WELL AS UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE MADE AVAILABLE TO ANY MEMBER OF THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 36,497. FUNDRAISING EXPENSES 55,196. TOTAL EXPENSES 91,693. FORM 990, PART XI, LINE 2C: THE PROCESS FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT THAT AUDITED THE FINANCIAL STATEMENTS HAS BEEN CONSISTENT WITH PRIOR YEARS.