CAPITAL REGION CHAMBER OF COMMERCE INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
CAPITAL REGION CHAMBER OF COMMERCE INC (EIN 47-4159612)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-11-13
IRS object ID
202333179349308358
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

FieldValueIRS element (for citing)
Return2023-11-13T15:31:21-05:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN141731700PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MICHAEL A TOBIN & ASSOC CPA'S PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line118 COMPUTER DRIVE EAST - SUITE 101AddressLine1Txt
CityALBANYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP122051290ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN474159612EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CAPITAL REGION CHAMBER OFBusinessNameLine1Txt
Business Name Line2COMMERCE INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlCAPIBusinessNameControlTxt
Phone5184311416PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1FIVE COMPUTER DRIVE SOUTHAddressLine1Txt
CityALBANYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12205ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARK N EAGANPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone5184311416PhoneNum
Signature2023-11-13SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMARKPersonFirstNm
Person LastEAGANPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL A TOBIN IIPreparerPersonNm
PTINP00248170PTIN
Phone5189808100PhoneNum
Preparation2023-11-13PreparationDt
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMARK N EAGANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1FIVE COMPUTER DRIVE SOUTHAddressLine1Txt
CityALBANYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12205ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$6,500,097GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
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 COMMUNITIES TO PROSPER.ActivityOrMissionDesc
Voting Members Governing Body42VotingMembersGoverningBodyCnt
Voting Members Independent42VotingMembersIndependentCnt
Total Employee49TotalEmployeeCnt
Total Volunteers157TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$9,362,556PYContributionsGrantsAmt
CY Contributions Grants$2,893,673CYContributionsGrantsAmt
PY Program Service Revenue$3,103,894PYProgramServiceRevenueAmt
CY Program Service Revenue$3,109,984CYProgramServiceRevenueAmt
PY Investment Income$179,958PYInvestmentIncomeAmt
CY Investment Income$118,575CYInvestmentIncomeAmt
PY Other Revenue$2,635PYOtherRevenueAmt
CY Other Revenue$100,000CYOtherRevenueAmt
PY Total Revenue$12,649,043PYTotalRevenueAmt
CY Total Revenue$6,222,232CYTotalRevenueAmt
PY Grants And Similar Paid$2,175PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$2,748CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,202,036PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,363,448CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,038,754PYOtherExpensesAmt
CY Other Expenses$1,973,083CYOtherExpensesAmt
PY Total Expenses$4,242,965PYTotalExpensesAmt
CY Total Expenses$5,339,279CYTotalExpensesAmt
PY Revenues Less Expenses$8,406,078PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$882,953CYRevenuesLessExpensesAmt
Total Assets BOY$13,508,387TotalAssetsBOYAmt
Total Assets EOY$15,002,157TotalAssetsEOYAmt
Total Liabilities BOY$1,796,231TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,918,496TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$11,712,156NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$12,083,661NetAssetsOrFundBalancesEOYAmt
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 COMMUNITIES TO PROSPER.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$1,276,388ExpenseAmt
Revenue$2,431,120RevenueAmt
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$200,027ExpenseAmt
Revenue$231,955RevenueAmt
DescPEOPLE/WORKFORCE DEVELOPMENT -SUPPORT BUSINESSES TO ATTRACT AND DEVELOP THEIR HUMAN CAPITAL; THIS INCLUDES EDUCATION/WORKFORCE DEVELOPMENT, DIVERSITY AND INCLUSION, YOUNG PROFESSIONALS NETWORK, AND LEADERSHIP CAPITAL REGION.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$350,816ExpenseAmt
Grant$2,748GrantAmt
Revenue$409,338RevenueAmt
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$215,581ExpenseAmt
Revenue$37,571RevenueAmt
DescADVOCACY - PROVIDE LEADERSHIP AND A UNITED VOICE TO ASSERTIVELY ADVOCATE 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$215,581TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$37,571TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$2,042,812TotalProgramServiceExpensesAmt
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Subject To Proxy TaxYes (true)SubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
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 EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document39IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee49EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
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 Members42GoverningBodyVotingMembersCnt
Independent Voting Member42IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
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 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 Line1FIVE COMPUTER DRIVE SOUTHAddressLine1Txt
CityALBANYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12205ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (49 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtHighest Compensated EmployeeHighestCompensatedEmployeeInd
JEFFREY BUELL
CHAIR1.00Yes (X)Yes (X)$0$0$0
ANDREA CRISAFULLI
CHAIR-ELECT1.00Yes (X)Yes (X)$0$0$0
CHRISTOPHER CANNUCCIARI
TREASURER1.00Yes (X)Yes (X)$0$0$0
DAVID R HARRIS PHD
SECRETARY1.00Yes (X)Yes (X)$0$0$0
RUTH MAHONEY
IMMEDIATE PA1.00Yes (X)Yes (X)$0$0$0
RAIMUNDO ARCHIBOLD
DIRECTOR1.00Yes (X)$0$0$0
LISA S AVILA PHD
DIRECTOR1.00Yes (X)$0$0$0
CARM BASILE
DIRECTOR1.00Yes (X)$0$0$0
ANGELA BEDDOE
DIRECTOR1.00Yes (X)$0$0$0
JOHN D BENNETT MD
DIRECTOR1.00Yes (X)$0$0$0
PETER BENYON
DIRECTOR1.00Yes (X)$0$0$0
BETH BESHAW
DIRECTOR1.00Yes (X)$0$0$0
ANTHONY CARNEVALE
DIRECTOR1.00Yes (X)$0$0$0
KAREN CARPENTER-PALUMBO
DIRECTOR1.00Yes (X)$0$0$0
SUJATA CHAUDHRY
DIRECTOR1.00Yes (X)$0$0$0
ANTONIO CIVITELLA
DIRECTOR1.00Yes (X)$0$0$0
CARMINE DECRESCENTE III
DIRECTOR1.00Yes (X)$0$0$0
DAVID DEMARCO
DIRECTOR1.00Yes (X)$0$0$0
CHRISTOPHER DOWD
DIRECTOR1.00Yes (X)$0$0$0
DAVID HANNOUSH
DIRECTOR1.00Yes (X)$0$0$0
RICHARD HENDRICK
DIRECTOR1.00Yes (X)$0$0$0
DARRIN JAHNEL
DIRECTOR1.00Yes (X)$0$0$0
JENNIFER LAWRENCE
DIRECTOR1.00Yes (X)$0$0$0
KIRK LEWIS
DIRECTOR1.00Yes (X)$0$0$0
ANNE MCENTEE
DIRECTOR1.00Yes (X)$0$0$0
PAUL A MILTON
DIRECTOR1.00Yes (X)$0$0$0
WILLIE MIRANDA JR
DIRECTOR1.00Yes (X)$0$0$0
SABRINA MOSSEAU
DIRECTOR1.00Yes (X)$0$0$0
STEPHEN J OBERMAYER
DIRECTOR1.00Yes (X)$0$0$0
JAIME ORTIZ
DIRECTOR1.00Yes (X)$0$0$0
HEATHER A PETERSON
DIRECTOR1.00Yes (X)$0$0$0
LAURA POLTYNSKI
DIRECTOR1.00Yes (X)$0$0$0
ROGER RAMSAMMY PHD
DIRECTOR1.00Yes (X)$0$0$0
JENNIFER RAO
DIRECTOR1.00Yes (X)$0$0$0
JOHN ROBINSON
DIRECTOR1.00Yes (X)$0$0$0
L OLIVER ROBINSON PHD
DIRECTOR1.00Yes (X)$0$0$0
DEAN SKARLIS PHD
DIRECTOR1.00Yes (X)$0$0$0
ELIZABETH SOBOL
DIRECTOR1.00Yes (X)$0$0$0
SCOTT D STEVENS
DIRECTOR1.00Yes (X)$0$0$0
WALTER THORNE
DIRECTOR1.00Yes (X)$0$0$0
MICHELLE WILDGRUBE
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL YORK
DIRECTOR1.00Yes (X)$0$0$0
MARK N EAGAN
PRESIDENT &28.00Yes (X)$404,076$0$51,09517.00
CHRISTINE A HOLLE
VP, FINANCE21.00Yes (X)$120,658$0$10,28524.00
PETER P BARDUNIAS
SENIOR VP,ME39.00$119,833$0$10,4071.00Yes (X)
THOMAS J BELL
PROJECT DIR.0.00$113,018$0$9,25140.00Yes (X)
LAURA E MANN
VP, BUS. RE0.00$110,301$0$18,90340.00Yes (X)
THOMAS J O'CONNOR
VP, GOV'T AF35.00$107,894$0$9,4215.00Yes (X)
KATHERINE J N BELMONT
CHIEF ECON D0.00$147,119$0$22,14045.00Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,122,899TotalReportableCompFromOrgAmt
Total Other Compensation$131,502TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K9IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Related Organizations$2,549,323RelatedOrganizationsAmt
Government Grants$344,350GovernmentGrantsAmt
Total Contributions$2,893,673TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MEMBER SERVICES561000$2,431,120$2,431,120
BUSINESS GROWTH900099$306,253$306,253
TALENT900099$231,955$231,955
LOAN INTEREST INCOME900099$103,085$103,085
ADVOCACY900099$37,571$37,571
FieldValueIRS element (for citing)
Total Program Service Revenue$3,109,984TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$90,533TotalRevenueColumnAmt
Related Or Exempt Func Income$90,533RelatedOrExemptFuncIncomeAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$297,329SecuritiesAmt
Other$8,578OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$277,865SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$19,464SecuritiesAmt
Other$8,578OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$28,042TotalRevenueColumnAmt
Related Or Exempt Func Income$28,042RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER REVENUEDesc
Business900099BusinessCd
Total Revenue Column$100,000TotalRevenueColumnAmt
Related Or Exempt Func Income$100,000RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$100,000OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,222,232TotalRevenueColumnAmt
Related Or Exempt Func Income$3,328,559RelatedOrExemptFuncIncomeAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$2,748TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$524,734TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,275,346TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$159,630TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$185,568TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$218,170TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$10,773TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$73,053TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$24,528TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$147,855TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$18,201TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$118,653TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$336,490TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$462,603TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$12,716TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$287,734TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$34,707TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$22,573TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
ADMINISTRATIVE FEES$207,126
INTERCOMPANY EXPENSE$189,054
LOAN PROCESSING FEES$27,047
DUES & SUBSCRIPTIONS$21,501

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total-$21,531TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$5,339,279TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,745,610BOYAmt
EOY$2,395,021EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$519,594BOYAmt
EOY$378,943EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$49,387BOYAmt
EOY$77,636EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,104BOYAmt
EOY$110,168EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$54,773BOYAmt
EOY$38,655EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$726,465LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$598,545LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$114,757BOYAmt
EOY$127,920EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$3,309,212BOYAmt
EOY$3,653,771EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$7,711,950BOYAmt
EOY$8,220,043EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$13,508,387BOYAmt
EOY$15,002,157EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$253,164BOYAmt
EOY$362,264EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$666,985BOYAmt
EOY$735,176EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$876,082BOYAmt
EOY$1,821,056EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,796,231BOYAmt
EOY$2,918,496EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,921,190BOYAmt
EOY$4,049,431EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$7,790,966BOYAmt
EOY$8,034,230EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$11,712,156BOYAmt
EOY$12,083,661EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$13,508,387BOYAmt
EOY$15,002,157EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$882,953ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$511,448NetUnrlzdGainsLossesInvstAmt
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 RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)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 NondedfalseSubstantiallyAllDuesNondedInd
Only In House LobbyingfalseOnlyInHouseLobbyingInd
Agree Carryover Prior YearfalseAgreeCarryoverPriorYearInd
Dues Assessments$1,742,301DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$36,844NonDeductibleLbbyngPltclCYAmt
Non Deductible Lbbyng Pltcl Tot$36,844NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$43,558AggregateReportedDuesNtcAmt
Taxable-$6,714TaxableAmt

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$228,595DepreciationAmt
Book Value$123,057BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$48,725OtherCostOrOtherBasisAmt
Depreciation$48,725DepreciationAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$127,920TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (7 entries)

DescDescBook ValueBookValueAmt
LOANS RECEIVABLE-REVOLVING LOAN FUND$6,054,722
RIGHT OF USE ASSET$1,022,147
DUE FROM RELATED PARTY$503,431
INVESTMENTS HELD FOR 457(B) PLAN$394,295
GRANT FUNDS HELD IN TRUST-CUSTODIAL$237,501
ACCRUED INTERST-REVOLVING LOAN FUND$7,847
INVESTMENT IN RELATED PARTY$100
FieldValueIRS element (for citing)
Total Book Value Other Assets$8,220,043TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
OPERATING LEASE LIABILITY$1,004,659
INVESTMENTS HELD FOR 457(B) PLAN$394,295
REFUNDABLE GRANTS$237,501
FUNDS HELD ON BEHALF OF OTHERS$184,601
FieldValueIRS element (for citing)
Total Liability$1,821,056TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE D, PAGE 3, PART XFormAndLineReferenceDesc
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)
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtBonus Filing OrganizationBonusFilingOrganizationAmountDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmt
MARK N EAGAN
PRESIDENT & CEO$373,223$30,853$23,200$27,895$455,171
KATHERINE J N BELMONT
CHIEF ECON DEV OFF$147,119$11,631$10,509$169,259

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 2, PART III, LINE 4DADVOCACY - PROVIDE LEADERSHIP AND A UNITED VOICE TO ASSERTIVELY ADVOCATE ON ISSUES, POLICIES AND PROJECTS THAT WILL IMPROVE THE BUSINESS CLIMATE AND ENHANCE THE COMPETITIVENESS AND ECONOMIC VITALITY OF THE REGION.
FORM 990, PAGE 6, PART VI, 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, PAGE 6, PART VI, 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, PAGE 6, PART VI, 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, PAGE 6, PART VI, LINE 12CTHIS IS MONITORED ANNUALLY AS PART OF THE BOARDS ANNUAL MEETING.
FORM 990, PAGE 6, PART VI, 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, PAGE 6, PART VI, 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 SOUTHALBANYNY122051608141736856EDUCATIONANY501C312BN/Afalse
ALBANY-COLONIE REGIONAL CHAMBER
FIVE COMPUTER DRIVE SOUTHALBANYNY12205140461460COMM PROG.NY501C6N/Afalse
SCHENECTADY COUNTY CHAMBER
FIVE COMPUTER DRIVE SOUTHALBANYNY12205141041320COMM PROG.NY501C6N/Afalse
THE CHAMBER OF SOUTHERN SARATOGA CO
FIVE COMPUTER DRIVE SOUTHALBANYNY12205141615023COMM PROG.NY501C6N/Afalse
CEG OF THE CAPITAL REGION INC
FIVE COMPUTER DRIVE SOUTHALBANYNY12205822369976ECON GWTHNY501C6N/Afalse
CENTER FOR ECONOMIC GROWTH INC
FIVE COMPUTER DRIVE SOUTHALBANYNY12205222880333ECON GWTHNY501C310N/Afalse

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
ZIP122051608ZIPCd
FieldValueIRS element (for citing)
EIN141767209EIN
Primary ActivitiesBUS GROWTHPrimaryActivitiesTxt
Legal Domicile StateNYLegalDomicileStateCd
Direct Controlling NAN/ADirectControllingNACd
Entity TypeC CORPEntityTypeTxt
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (true)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (true)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (true)LoansOrGuaranteesToOtherOrgInd
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 SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (14 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
CAPITAL REGION CHAMBER FOUNDATION
N$185,672ALLOC BASED ON STAFFING %
CAPITAL REGION CHAMBER FOUNDATION
O$622,465ALLOC BASED ON STAFFING %
CAPITAL REGION CHAMBER FOUNDATION
D$131,319
CAPITAL REGION CHAMBER FOUNDATION
B$189,054
BUSINESS SERVICES CORPORATION
C$46,800
BUSINESS SERVICES CORPORATION
N$34,680ALLOC BASED ON STAFFING %
BUSINESS SERVICES CORPORATION
O$124,133ALLOC BASED ON STAFFING %
BUSINESS SERVICES CORPORATION
D$221,630
CEG OF THE CAPITAL REGION INC
D$50,409
CEG OF THE CAPITAL REGION INC
N$118,604ALLOC BASED ON STAFFING %
CEG OF THE CAPITAL REGION INC
O$443,431ALLOC BASED ON STAFFING %
CENTER FOR ECONOMIC GROWTH INC
D$100,074
CENTER FOR ECONOMIC GROWTH INC
N$235,149ALLOC BASED ON STAFFING %
CENTER FOR ECONOMIC GROWTH INC
O$738,390ALLOC BASED ON STAFFING %

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