GREATER PROVIDENCE CHAMBER OF COMMERCE: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
GREATER PROVIDENCE CHAMBER OF COMMERCE (EIN 05-0203250)
Tax period
2020-10-01 to 2021-09-30
Filed
2022-06-21
IRS object ID
202201729349300800
Schema version
2020v4.2
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)
Return2022-06-21T08:29:51-05:00ReturnTs
Tax Period End2021-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN872525370PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CITRIN COOPERMAN ADVISORS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1500 EXCHANGE STREET SUITE 9-100AddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02903ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN050203250EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE GREATER PROVIDENCE CHAMBER OFBusinessNameLine1Txt
Business Name Line2COMMERCEBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlGREABusinessNameControlTxt
Phone4015215000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line130 EXCHANGE TERRACEAddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02903ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLAUREEN L WHITEPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone4015215000PhoneNum
Signature2022-04-25SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstLAUREENPersonFirstNm
Person LastWHITEPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJENNIFER HOGENCAMPPreparerPersonNm
PTINP01929324PTIN
Phone4014214800PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerLAUREEN L WHITEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line130 EXCHANGE TERRACEAddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02903ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,412,514GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.PROVCHAMBER.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1868FormationYr
Legal Domicile StateRILegalDomicileStateCd
Activity Or MissionPROMOTE BUSINESSES THROUGH THE ORGANIZATION OF VARIOUS MEETINGS, FUNCTIONS, AND PROGRAMS.ActivityOrMissionDesc
Voting Members Governing Body45VotingMembersGoverningBodyCnt
Voting Members Independent44VotingMembersIndependentCnt
Total Employee8TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$7,781TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$673,240PYContributionsGrantsAmt
CY Contributions Grants$1,028,155CYContributionsGrantsAmt
PY Program Service Revenue$408,852PYProgramServiceRevenueAmt
CY Program Service Revenue$430,707CYProgramServiceRevenueAmt
PY Investment Income$257,689PYInvestmentIncomeAmt
CY Investment Income$518,488CYInvestmentIncomeAmt
PY Other Revenue-$161,041PYOtherRevenueAmt
CY Other Revenue-$146,393CYOtherRevenueAmt
PY Total Revenue$1,178,740PYTotalRevenueAmt
CY Total Revenue$1,830,957CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,014,542PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,060,861CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$436,746PYOtherExpensesAmt
CY Other Expenses$524,127CYOtherExpensesAmt
PY Total Expenses$1,451,288PYTotalExpensesAmt
CY Total Expenses$1,584,988CYTotalExpensesAmt
PY Revenues Less Expenses-$272,548PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$245,969CYRevenuesLessExpensesAmt
Total Assets BOY$9,349,563TotalAssetsBOYAmt
Total Assets EOY$10,637,936TotalAssetsEOYAmt
Total Liabilities BOY$296,946TotalLiabilitiesBOYAmt
Total Liabilities EOY$298,691TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$9,052,617NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$10,339,245NetAssetsOrFundBalancesEOYAmt
MissionPROMOTE BUSINESSES THROUGH THE ORGANIZATION OF VARIOUS MEETINGS, FUNCTIONS, AND PROGRAMS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,584,988ExpenseAmt
Revenue$422,926RevenueAmt
DescTHE GREATER PROVIDENCE CHAMBER OF COMMERCE PROMOTES BUSINESS AND COMMUNITY GROWTH AND DEVELOPMENT.Desc
Total Program Service Expenses$1,584,988TotalProgramServiceExpensesAmt
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
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 EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee8EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
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 Member44IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
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
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1VALERIE MURRAYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4015215000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line130 EXCHANGE TERRACEAddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02903ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (47 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
LAUREEN L WHITE
PRESIDENT40.002.00Yes (X)Yes (X)$253,553$0$30,598
ALDEN ANDERSON
CHAIRMAN2.00Yes (X)Yes (X)$0$0$0
ROBERT DIMUCCIO
CHAMBER FOUNDATION CHAIR2.002.00Yes (X)$0$0$0
JOHN MUGGERIDGE
GOVERNMENT AFFAIRS CHAIR2.00Yes (X)$0$0$0
RUSSELL CAREY
INNOVATION PROVIDENCE CO-CHAIR2.00Yes (X)$0$0$0
GEORGE SHUSTER
INVESTMENT COMMITTEE CHAIR2.00Yes (X)$0$0$0
JONATHAN DUFFY
PAST CHAIR2.002.00Yes (X)$0$0$0
SANDRA PARRILLO
VICE CHAIR - BOARD OF TRUSTEES2.00Yes (X)Yes (X)$0$0$0
PATRICIA THOMPSON
TREASURER2.002.00Yes (X)Yes (X)$0$0$0
DAVID RUBIN
SECRETARY2.00Yes (X)Yes (X)$0$0$0
STEVEN ISSA
EXECUTIVE COMMITTEE2.00Yes (X)$0$0$0
DAVID GILDEN
GENERAL COUNSEL2.002.00Yes (X)$0$0$0
TOM PARRISH
DIRECTOR2.00Yes (X)$0$0$0
KRISTIN FRASER
DIRECTOR2.00Yes (X)$0$0$0
LARA SALAMANO
DIRECTOR2.00Yes (X)$0$0$0
LELAND MERRILL
DIRECTOR2.00Yes (X)$0$0$0
MARC CRISAFULLI
DIRECTOR2.00Yes (X)$0$0$0
MARIE BERNARDO-SOUSA
DIRECTOR2.00Yes (X)$0$0$0
MEGHAN HUGHES
DIRECTOR2.00Yes (X)$0$0$0
MICHAEL LEE
DIRECTOR2.00Yes (X)$0$0$0
PAUL ADLER
DIRECTOR2.00Yes (X)$0$0$0
PETER MEYER
DIRECTOR2.00Yes (X)$0$0$0
RICHARD BERETTA JR
DIRECTOR2.00Yes (X)$0$0$0
RICK METTERS
DIRECTOR2.00Yes (X)$0$0$0
ROBERT VINCENT
DIRECTOR2.002.00Yes (X)$0$0$0
STUART BENTON
DIRECTOR2.00Yes (X)$0$0$0
JOSEPH PERRONI
DIRECTOR2.00Yes (X)$0$0$0
JOHN KENNEDY
DIRECTOR2.00Yes (X)$0$0$0
KEITH KELLY
DIRECTOR2.00Yes (X)$0$0$0
BRIAN SPERO
DIRECTOR2.002.00Yes (X)$0$0$0
JAMES HAGERTY
DIRECTOR2.00Yes (X)$0$0$0
JAMES FANALE
DIRECTOR2.00Yes (X)$0$0$0
HAROLD HORVAT
DIRECTOR2.00Yes (X)$0$0$0
CHRISTOPHER GRAHAM
DIRECTOR2.00Yes (X)$0$0$0
FRANK SANCHEZ
DIRECTOR2.00Yes (X)$0$0$0
E ROBERT LUPONE
DIRECTOR2.00Yes (X)$0$0$0
CYNTHIA BUTLER
DIRECTOR2.00Yes (X)$0$0$0
DAVID PROULX
DIRECTOR2.00Yes (X)$0$0$0
JEREMY CRISP
DIRECTOR2.00Yes (X)$0$0$0
BRADFORD DIMEO
DIRECTOR2.00Yes (X)$0$0$0
MICHELE LEDERBERG
DIRECTOR2.00Yes (X)$0$0$0
BRIAN BRITSON
DIRECTOR2.00Yes (X)$0$0$0
DIANA FRANCHITTO
DIRECTOR2.00Yes (X)$0$0$0
PETER BOWMAN
DIRECTOR2.00Yes (X)$0$0$0
CARMEN AGUILAR
DIRECTOR2.00Yes (X)$0$0$0
VALERIE B MURRAY
SENIOR VP FINANCE40.00Yes (X)$120,226$0$31,462
JANET RAYMOND
SENIOR VP ECONOMIC DEVELOP40.00$121,457$0$25,583Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$495,236TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$87,643TotalOtherCompensationAmt
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
Membership Dues$697,235MembershipDuesAmt
Government Grants$330,920GovernmentGrantsAmt
Total Contributions$1,028,155TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
MEETINGS900099$345,080$345,080
MANAGEMENT SERVICES561000$49,118$49,118
MISC. INCOME900099$28,728$28,728
INSURANCE524298$7,781$7,781
FieldValueIRS element (for citing)
Total Program Service Revenue$430,707TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$137,139TotalRevenueColumnAmt
Exclusion$137,139ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$354,791RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$501,184RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real-$146,393RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column-$146,393TotalRevenueColumnAmt
Exclusion-$146,393ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,461,722SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$1,080,373SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$381,349SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$381,349TotalRevenueColumnAmt
Exclusion$381,349ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,830,957TotalRevenueColumnAmt
Related Or Exempt Func Income$422,926RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$7,781UnrelatedBusinessRevenueAmt
Exclusion$372,095ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$446,810TotalAmt
Program Services$446,810ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$440,141TotalAmt
Program Services$440,141ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$118,550TotalAmt
Program Services$118,550ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$55,360TotalAmt
Program Services$55,360ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$3,336TotalAmt
Program Services$3,336ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$21,025TotalAmt
Program Services$21,025ProgramServicesAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$105,250TotalAmt
Program Services$105,250ProgramServicesAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$52,587TotalAmt
Program Services$52,587ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$5,595TotalAmt
Program Services$5,595ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,960TotalAmt
Program Services$1,960ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$88,233TotalAmt
Program Services$88,233ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$12,090TotalAmt
Program Services$12,090ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$10,424TotalAmt
Program Services$10,424ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
VARIOUS PROJECT SUPPORT$145,004$145,004
COMPUTER EXPENSE$33,954$33,954
TELEPHONE$16,948$16,948
AUTO$12,000$12,000

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$15,721TotalAmt
Program Services$15,721ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,584,988TotalAmt
Program Services$1,584,988ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$109,033BOYAmt
EOY$184,463EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$31,560BOYAmt
EOY$26,138EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,287BOYAmt
EOY$1,482EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$3,619,538LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,032,927LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$1,775,001BOYAmt
EOY$1,586,611EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$7,432,682BOYAmt
EOY$8,839,242EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$9,349,563BOYAmt
EOY$10,637,936EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$211,921BOYAmt
EOY$233,716EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$85,025BOYAmt
EOY$64,975EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$296,946BOYAmt
EOY$298,691EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$9,052,617BOYAmt
EOY$10,339,245EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,052,617BOYAmt
EOY$10,339,245EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,349,563BOYAmt
EOY$10,637,936EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$245,969ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$1,040,659NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
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 Required0FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House Lobbying0OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd
Dues Assessments$697,235DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$97,250NonDeductibleLbbyngPltclCYAmt
Non Deductible Lbbyng Pltcl Tot$97,250NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$105,336AggregateReportedDuesNtcAmt
Taxable-$8,086TaxableAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$7,431,223BeginningYearBalanceAmt
Investment Earnings Or Losses$1,506,560InvestmentEarningsOrLossesAmt
Other Expenditures$99,852OtherExpendituresAmt
End Year Balance$8,837,931EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$7,005,480BeginningYearBalanceAmt
Investment Earnings Or Losses$725,743InvestmentEarningsOrLossesAmt
Other Expenditures$300,000OtherExpendituresAmt
End Year Balance$7,431,223EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$7,135,251BeginningYearBalanceAmt
Investment Earnings Or Losses$270,229InvestmentEarningsOrLossesAmt
Other Expenditures$400,000OtherExpendituresAmt
End Year Balance$7,005,480EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$6,808,134BeginningYearBalanceAmt
Investment Earnings Or Losses$622,117InvestmentEarningsOrLossesAmt
Other Expenditures$295,000OtherExpendituresAmt
End Year Balance$7,135,251EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$6,678,516BeginningYearBalanceAmt
Investment Earnings Or Losses$744,618InvestmentEarningsOrLossesAmt
Other Expenditures$615,000OtherExpendituresAmt
End Year Balance$6,808,134EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY1.00000BoardDesignatedBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$200,000OtherCostOrOtherBasisAmt
Book Value$200,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,804,539OtherCostOrOtherBasisAmt
Depreciation$1,539,485DepreciationAmt
Book Value$1,265,054BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$504,709OtherCostOrOtherBasisAmt
Depreciation$427,002DepreciationAmt
Book Value$77,707BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$110,290OtherCostOrOtherBasisAmt
Depreciation$66,440DepreciationAmt
Book Value$43,850BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$1,586,611TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:THE ENDOWMENT IS MEANT TO PROVIDE ANNUAL DRAWDOWNS FROM TOTAL RETURN TO SUPPLEMENT THE ORGANIZATION'S OPERATING BUDGET AND SUPPORT SPECIAL ACTIVITIES AS APPROVED BY THE BOARD, AS WELL AS CAPITAL FOR EXTRAORDINARY USES FROM TIME TO TIME. THE BOARD HAS ADOPTED INVESTMENT OBJECTIVES AND SPENDING POLICIES TO ENSURE A TOTAL RETURN OF CAPITAL NECESSARY TO PRESERVE AND ENHANCE THE PRINCIPAL OF THE FUND AND, AT THE SAME TIME, PROVIDE A DEPENDABLE SOURCE OF INCOME FOR CURRENT OPERATIONS AND PROGRAMS.
PART X, LINE 2:THE ORGANIZATION QUALIFIES AS A CHAMBER OF COMMERCE UNDER INTERNAL REVENUE CODE SECTION 501(C)(6) AND, ACCORDINGLY, IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. AS A NOT-FOR-PROFIT ENTITY, THE ORGANIZATION IS SUBJECT TO UNRELATED BUSINESS INCOME TAX ("UBIT"), IF APPLICABLE. IN ACCORDANCE WITH FASB ASC 740, INCOME TAXES, THE ORGANIZATION APPLIES THE "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION AND DERECOGNITION OF TAX POSITIONS FOR ITS FINANCIAL STATEMENTS. MANAGEMENT HAS EVALUATED THE ORGANIZATION'S TAX POSITIONS AND HAS CONCLUDED THAT THERE WERE NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN THEIR FINANCIAL STATEMENTS.

Schedule J IRS990ScheduleJ

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

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase 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
LAUREEN L WHITE
PRESIDENT$225,893$0$26,445$0$1,215$0$19,666$0$10,932$0$284,151$0$0$0
VALERIE B MURRAY
SENIOR VP FINANCE$109,716$0$9,600$0$910$0$10,109$0$21,353$0$151,688$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BA COPY OF THE FORM 990 IS PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO FILING. EACH MEMBER OF THE BOARD REVIEWS THE PACKAGE AND APPROVES IT FOR FILING.
FORM 990, PART VI, SECTION B, LINE 12CALL BOARD MEMBERS ARE PROVIDED A COPY OF THE CONFLICT OF INTEREST POLICY ANNUALLY AND ARE REQUIRED TO COMPLETE THE ACKNOWLEDGEMENT AND DISCLOSURE FORM. ALL POTENTIAL CONFLICTS OF INTEREST ARE REPORTED THROUGH THE ANNUAL DISCLOSURE FORM AND/OR BY WRITTEN DISCLOSURE WHENEVER A CONFLICT ARISES. THE COMPLETED FORMS ARE REVIEWED BY THE NOMINATING AND GOVERNANCE COMMITTEE.
FORM 990, PART VI, SECTION B, LINE 15AAN EXECUTIVE COMPENSATION COMMITTEE REVIEWS PRIOR YEAR'S PERFORMANCE AND DISCUSSES THE PRESIDENT'S CURRENT CONTRACT TERMS. THE RESULTS OF THIS DELIBERATION ARE SHARED WITH THE ENTIRE BOARD OF DIRECTORS AT WHICH TIME ALL DIRECTORS MAY SHARE THEIR PERSPECTIVE ON THE ORGANIZATION'S PERFORMANCE AND REVIEW AND RATIFY THE PRESIDENT'S CONTRACT TERMS.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART XII, LINE 2C:THE ORGANIZATION'S PROCESS FOR OVERSIGHT OF THE AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANTS HAS NOT CHANGED.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1GP CHAMBER REALTY LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line130 EXCHANGE TERRACEAddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02903ZIPCd
FieldValueIRS element (for citing)
EIN050514588EIN
Primary ActivitiesOWNING AND LEASING OF REAL PROPERTY.PrimaryActivitiesTxt
Legal Domicile StateRILegalDomicileStateCd
Total Income$354,791TotalIncomeAmt
End Of Year Assets$1,653,573EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1THE GREATER PROVIDENCE CHAMBER OF COMMERCEBusinessNameLine1Txt

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1GREATER PROVIDENCE CHAMBER FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line130 EXCHANGE TERRACEAddressLine1Txt
CityPROVIDENCECityNm
State AbbreviationRIStateAbbreviationCd
ZIP02903ZIPCd
FieldValueIRS element (for citing)
EIN222655490EIN
Primary ActivitiesSUPPORT PROJECTS THAT STIMULATE COMMERCE IN GREATER PROVIDENCEPrimaryActivitiesTxt
Legal Domicile StateRILegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity Status170(B)(1)(A)PublicCharityStatusTxt
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
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 Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.