2023-09-20T17:03:08-07:00 2022-12-31 030483170 CEA Scholtes and Associates 106 Tunbridge Rd Baltimore MD 21212 990 2022-01-01 520645650 GREATER BALTIMORE COMMITTEE INC GREA 4107272820 111 SOUTH CALVERT STREET 1700 BALTIMORE MD 21202 SHARON M SCHREIBER COO 2023-09-20 true SHARON M SCHREIBER 999009999 true CHRIS SCHOLTES CPA P01607734 4103230010 0 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z MARK A THOMAS 4624368 false X WWW.GBC.ORG X 1955 MD To provide a strong, unified and effective voice for the business community in the functional area of urban affairs and public policy, business services and information, and economic development, thereby promoting the Baltimore Region as an outstanding place to live, work and do business. 80 80 17 80 0 2315225 4424611 75472 0 52721 94577 15530 -79934 2458948 4439254 0 0 1522287 1202901 0 369608 718491 1478414 2240778 2681315 218170 1757939 5326017 7617358 806206 1895565 4519811 5721793 Greater Baltimore Committee, Inc. is a not-for-profit, civic-interest corporation comprised of business and professional organizations located within the Greater Baltimore Area. Its purpose is to provide a strong, unified and effective voice for the business community in the functional area of urban affairs and public policy, business services and information, and economic development thereby promoting the Baltimore Region as an outstanding place to live, work and do business. false false 1045297 BUSINESS ADVOCACY - Activities include multiple subject matter policy committee meetings with members to learn, forge consensus, and develop policy positions on business and industry related matters. Committees include, but are not limited to, education and workforce, transportation and mobility, health care, public safety, tourism, culture and entertainment, bioscience, and economic development. Policy positions are communicated to members and elected and appointed officials directly and indirectly through various methods of communication. Special workgroups are created for issues such as Coalition for a Second Chance (business related issues pertaining to returning citizens), Bridging the Gap (women and minority-owned businesses), and Regional Workforce Development Task Force (preparing the next generation for workers). 429199 MEMBERSHIP DEVELOPMENT - Activities include hosting personal and professional development programs, informational events focused on prominent political, education, and business leaders, seminars on business and economic related issues, and recruitment of new members and retention efforts of existing members. Special programs include Next Up (emerging leaders program) and #BWomen (women business executive program). 1474496 false true false true false false false false true true false false true true true false true false false false false false false true false false false false true false false false false false false false false false false false false false true true false false true 21 0 false 17 true false false false false false false false false X 80 80 true false true false true true false true false false false true true true true true true true true false MD X X CEA SCHOLTES AND ASSOCIATES 4103230010 106 TUNBRIDGE ROAD BALTIMORE MD 21212 Donald C Fry President & CEO 40.00 6.00 X 362542 0 19178 Sharon M Schreiber COO 40.00 6.00 X 123164 0 0 Mark A Thomas President & CEO 40.00 6.00 X 56815 0 0 Calvin G Butler Jr Chair 1.00 0.00 X X 0 0 0 Paul A Tiburzi Vice Chair 1.00 0.00 X X 0 0 0 Robert C Embry Jr Secretary 1.00 0.00 X X 0 0 0 Martin P Brunk Treasurer 1.00 0.00 X X 0 0 0 Bill McCarthy Director 0.50 0.00 X 0 0 0 Janet Currie Director 0.50 0.00 X 0 0 0 Brian Pieninck Director 0.50 0.00 X 0 0 0 Ed Brake Director 0.50 0.00 X 0 0 0 Rick Kohr Director 0.50 0.00 X 0 0 0 Ron Daniels Director 0.50 0.00 X 0 0 0 Christine Aspell Director 0.50 0.00 X 0 0 0 August Chiasera Director 0.50 0.00 X 0 0 0 Scott Dorsey Director 0.50 0.00 X 0 0 0 Dr David Wilson Director 0.50 0.00 X 0 0 0 Kim Schatzel Director 0.50 0.00 X 0 0 0 Mohan Suntha Director 0.50 0.00 X 0 0 0 Martin T Fletcher Director 0.50 0.00 X 0 0 0 Tim Regan Director 0.50 0.00 X 0 0 0 Arnold Williams Director 0.50 0.00 X 0 0 0 Archibishop William E Lori Director 0.50 0.00 X 0 0 0 Chrissy Thornton Director 0.50 0.00 X 0 0 0 Denis Dunn Director 0.50 0.00 X 0 0 0 Alexander F Smith Director 0.50 0.00 X 0 0 0 Adam A Gross Director 0.50 0.00 X 0 0 0 Jon M Laria Director 0.50 0.00 X 0 0 0 Sashi Brown Director 0.50 0.00 X 0 0 0 Trif Alatzas Director 0.50 0.00 X 0 0 0 Dave Hickey Director 0.50 0.00 X 0 0 0 Robert L Wallace Director 0.50 0.00 X 0 0 0 Thomas S Bozzuto Director 0.50 0.00 X 0 0 0 Michael D Hankin Director 0.50 0.00 X 0 0 0 Jacob Hsu Director 0.50 0.00 X 0 0 0 Jonathan Casella Director 0.50 0.00 X 0 0 0 Sandra Kurtinitis Director 0.50 0.00 X 0 0 0 James McHugh Director 0.50 0.00 X 0 0 0 Stephen E Budorick Director 0.50 0.00 X 0 0 0 Michael Bronfein Director 0.50 0.00 X 0 0 0 Peter Stanford Director 0.50 0.00 X 0 0 0 Dr Sheridan Todd Yeary Director 0.50 0.00 X 0 0 0 Bruce Jurist Director 0.50 0.00 X 0 0 0 Arun Subhas Director 0.50 0.00 X 0 0 0 R Andrew Bauer Director 0.50 0.00 X 0 0 0 J MacGregor Tisdale Director 0.50 0.00 X 0 0 0 Gary Attman Director 0.50 0.00 X 0 0 0 Dr Daria Willis Director 0.50 0.00 X 0 0 0 Greg Fitchitt Director 0.50 0.00 X 0 0 0 Ruth Williams-Brinkley Director 0.50 0.00 X 0 0 0 Francis X Kelly III Director 0.50 0.00 X 0 0 0 Neil Meltzer Director 0.50 0.00 X 0 0 0 Terrence M Sawyer Director 0.50 0.00 X 0 0 0 Jeffrey Hargrave Director 0.50 0.00 X 0 0 0 John Angelos Director 0.50 0.00 X 0 0 0 Lawrence E Kurzius Director 0.50 0.00 X 0 0 0 Bradley S Chambers Director 0.50 0.00 X 0 0 0 Dr David Maine Director 0.50 0.00 X 0 0 0 Nancy Greene Director 0.50 0.00 X 0 0 0 John McGrory Director 0.50 0.00 X 0 0 0 John Racanelli Director 0.50 0.00 X 0 0 0 Paul Mauritz Director 0.50 0.00 X 0 0 0 Laura Gamble Director 0.50 0.00 X 0 0 0 Richard Greenwood Director 0.50 0.00 X 0 0 0 Albert Skip Counselman Director 0.50 0.00 X 0 0 0 Sandra S Hillman Director 0.50 0.00 X 0 0 0 Barry F Levin Esq Director 0.50 0.00 X 0 0 0 Mark K Joseph Director 0.50 0.00 X 0 0 0 William H Moore Director 0.50 0.00 X 0 0 0 Andrew Roud Director 0.50 0.00 X 0 0 0 Richard J Himelfarb Director 0.50 0.00 X 0 0 0 William Stromberg Director 0.50 0.00 X 0 0 0 Aaron Tomarchio Director 0.50 0.00 X 0 0 0 Gregory Farno Director 0.50 0.00 X 0 0 0 Kevin A Plank Director 0.50 0.00 X 0 0 0 Kurt Schmoke Director 0.50 0.00 X 0 0 0 Dr Jay Perman Director 0.50 0.00 X 0 0 0 Gregory A Cross Director 0.50 0.00 X 0 0 0 Eric Reed Director 0.50 0.00 X 0 0 0 Dan Joerres Director 0.50 0.00 X 0 0 0 Marc Weller Director 0.50 0.00 X 0 0 0 Derek Lynch Director 0.50 0.00 X 0 0 0 Gregg Bernstein Director 0.50 0.00 X 0 0 0 542521 19178 2 false true false 0 2075775 297150 2051686 4424611 0 94577 94577 0 0 0 0 105180 297150 185114 -79934 -79934 0 0 0 4439254 14643 X 0 0 0 0 561699 280849 140425 140425 0 443452 240953 178892 23607 34505 17913 10961 5631 79634 41340 25298 12996 83611 43405 26562 13644 0 0 43696 43696 23500 17625 5875 0 24536 24536 460038 233393 147736 78909 162850 162850 114681 59539 36425 18717 0 0 407682 211639 129513 66530 27263 14153 8661 4449 0 25643 25643 0 0 14731 7647 4680 2404 14068 7303 4469 2296 PROGRAM ACTIVITY 107991 107991 LOSS ON ASSET DISPOSAL 26376 26376 PERSONAL PROPERTY TAX 13302 13302 OTHER 9804 9804 2253 2253 2681315 1474496 837211 369608 1831968 1842460 92454 92454 0 57471 74999 0 0 0 0 66191 51869 455158 424102 38892 31056 3233041 3932481 0 0 0 6000 1592039 5326017 7617358 448446 70878 357760 206585 1618102 806206 1895565 X 4519811 5721793 4519811 5721793 5326017 7617358 1757939 -682273 126316 X X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false 2075775 24000 24000 121438 3233041 1311680 -612240 3932481 2936548 296493 109975 3233041 2757710 288813 2936548 2304660 453050 2757710 2642344 -220838 116846 2304660 1.00000 false false false 65397 64963 434 154513 147049 7464 235248 212090 23158 31056 RIGHT OF USE ASSETS, NET 1592039 1592039 LEASE LIABILITY 1618102 1618102 X 3732445 -682273 -682273 4414718 24536 24536 4439254 2656779 2656779 24536 24536 2681315 Part V, Line 4: Intended uses of the endowment fund. GBC's board designated investments consist of a long-term investment fund established by its Board of Directors to ensure future stability and capacity to provide services to its members. Part X : FIN48 Footnote Greater Baltimore Committee, Inc. is a nonprofit organization exempt from the Federal income tax under Section 501(c)(4) of the Internal Revenue Code and is recognized as such by the Internal Revenue Service, except for unrelated business income. Accounting principles generally accepted in the United States of America provide consistent guidance for the accounting for uncertainty in income taxes recognized in an entity's financial statements and prescribe a threshold of "more likely than not" for recognition of tax positions taken or expected to be taken in a tax return. GBC performed an evaluation of uncertain tax positions as of December 31, 2022, and determined that there were no matters that would require recognition in the accompanying financial statements or which may have any effect on its tax-exempt status. It is GBC's policy to recognize interest and/or penalties related to uncertain tax positions, if any, in income tax expense. false Annual Meeting 225380 161000 64380 78192 48921 Mayors Awards 40825 32200 8625 8980 16123 6 132230 101450 30780 20875 12023 398435 294650 103785 108047 77067 185114 -81329 X false true X X X false false false false false false false false false Donald C Fry President & CEO 362542 19178 381720 Part I, Line 1a: Relevant information in regards to selections on 1a. The President and CEO is a member of a social club and the cost is considered part of his compensation. The expense is paid for by the organization. Part I, Line 1b: Reason for not following policy regarding payment provisions for expenses The President and CEO is a member of a social club and the cost is part of his compensation. The expense is not reimbursed to the employee. It is paid directly to the social club. Form 990, Part VI, Section A, Line 2 GBC board members are presidents and CEOs of local businesses in the Baltimore community, relationships are inevitable due to the businesses operating in the same community. Form 990, Part VI, Section A, Line 4 ON MAY 25, 2022, BY A VOTE OF THE MEMBERS OF THE BOARD OF DIRECTORS OF GREATER BALTIMORE COMMITTEE, INC. (GBC) AS WELL AS THE BOARD OF DIRECTORS OF THE ECONOMIC ALLIANCE OF GREATER BALTIMORE, INC. (EAGB), THE EAGB WAS MERGED WITH THE GBC AND GBC IS THE SURVIVING ORGANIZATION. UPON MERGER, GBC TOOK POSSESSION OF ALL LEASES, ASSETS, AND OBLIGATIONS OF THE EAGB AND IT ITS RELATED FOUNDATION, THE ECONOMIC ALLIANCE OF GREATER BALTIMORE FOUNDATION, INC. WHICH WAS MERGED WITH THE GBC FOUNDATION, INC. THE TRANSACTIONS EFFECTIVE DATE WAS JUNE 2, 2022 AND RESULTED IN ADDITIONS OF ASSETS OF $2,343,466, LIABILITIES OF $291,780 AND NET ASSETS OF $2,051,686 TO GBC, INC. Form 990, Part VI, Section A, Line 6 The organization has one governing body, the Board of Directors, who is responsible for the governance of the organization. The Board of Directors represent the members of the organization. Nominated board members are presented for member approval at GBC's annual meeting. Once approved, the individuals who sit on the board's sole right is to participate in the organization's governance. Form 990, Part VI, Section A, Line 8b Executive committee does not have any authority. Form 990, Part VI, Section B, Line 11b A copy of the form 990 is provided to all board members with opportunity to comment. After appropriate amount of time, the board files with the IRS. Form 990, Part VI, Section B, Line 12c The policy is reviewed and monitored by the President or Executive Assistant and the Executive Committee will determine any restrictions. Form 990, Part VI, Section B, Line 15a For the President: The annual review, which is received from the Executive Committee, determines salary and bonus. For all other employees: compensation is set by the President. Form 990, Part VI, Section C, Line 19 The Organization's conflict of interest policy, governing documents and financial statements are available upon request. Form 990, Part XII, Line 2c The organization has a committee that assumes responsibility for oversight of the audit of the financial statements and selection of an independent accountant. Both processes have not changed since prior year. Greater Baltimore Committee Foundation 111 South Calvert Street 1700 Baltimore MD 21202 521131843 To accept charitable contributions MD 501(C)(3) 7 Greater Baltimore Committee Inc true false false false false false false false false false false false false false true false false false false false