2022-05-31T15:38:36-05:00 2021-12-31 202153727 SB & COMPANY LLC 10200 Grand Central Ave Suite 250 Owings Mills MD 21117 990 2021-01-01 520645650 Greater Baltimore Committee Inc GREA 4107272820 111 South Calvert Street 1700 Baltimore MD 21202 Donald C Fry President & CEO 4107272820 2022-05-31 1 Donald Fry XXX-XX-XXXX Christopher Lehman P02033500 4105842218 2022-05-26 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z Donald C Fry 111 South Calvert Street 1700 Baltimore MD 21202 2525448 0 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. 65 65 17 65 75472 0 2295400 2315225 45518 75472 55592 52721 37304 15530 2433814 2458948 0 0 0 0 1745608 1522287 0 0 301920 681982 718491 2427590 2240778 6224 218170 4775452 5326017 717582 806206 4057870 4519811 X 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. 0 0 292496 75472 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). 728086 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). 1020582 0 1 0 1 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 16 0 1 17 1 1 1 0 0 0 0 0 0 0 0 0 X 65 65 1 0 0 0 1 1 0 1 0 0 0 1 1 1 1 1 1 1 1 0 MD X X Daniel Isang 4107272820 111 South Calvert Street 1700 Baltimore MD 21202 Paul A Tiburzi Esq Immediate Past Chair 1.00 1.00 X X 0 0 0 Calvin G Butler Jr Chair 1.00 X X 0 0 0 Mary Ann Scully Vice Chair 1.00 X X 0 0 0 Robert C Embry Jr Secretary 1.00 X X 0 0 0 Martin P Brunk Treasurer 1.00 1.00 X X 0 0 0 Trif Alatzas Director 0.50 X 0 0 0 John Angelos Director 0.50 X 0 0 0 R Andrew Bauer Director 0.50 X 0 0 0 Christine Aspell Director 0.50 X 0 0 0 Gary Attman Director 0.50 X 0 0 0 Bradley S Chambers Director 0.50 X 0 0 0 Diane Bell-McKoy Director 0.50 X 0 0 0 Gregg Bernstein Director 0.50 X 0 0 0 Thomas S Bozzuto Director 0.50 X 0 0 0 Michael Bronstein Director 0.50 X 0 0 0 Stephen E Budorick Director 0.50 X 0 0 0 Gregory A Cross Esq Director 0.50 X 0 0 0 William H Willy Moore Director 0.50 X 0 0 0 Richard W Cass Director 0.50 X 0 0 0 Janet Currie Director 0.50 X 0 0 0 August J Chiasera Director 0.50 X 0 0 0 Jeffrey Hargrave Director 0.50 X 0 0 0 Dave Hickey Director 0.50 X 0 0 0 Albert Skip Counselman Director 0.50 X 0 0 0 Ronald J Daniels Director 0.50 X 0 0 0 Denis Dunn Director 0.50 X 0 0 0 Greg Farno Director 0.50 X 0 0 0 Greg Fitchitt Director 0.50 X 0 0 0 Laura Gamble Director 0.50 X 0 0 0 Jacob Hsu Director 0.50 X 0 0 0 Nancy W Greene Esq Director 0.50 X 0 0 0 Richard Greenwood Director 0.50 X 0 0 0 Adam A Gross Director 0.50 X 0 0 0 Barry F Levin Esq Director 0.50 X 0 0 0 Rev Dr Alvin C Hathaway Sr Director 0.50 X 0 0 0 Sandra S Hillman Director 0.50 X 0 0 0 Richard J Himelfarb Director 0.50 X 0 0 0 Dan Joerres Director 0.50 X 0 0 0 Mark K Joseph Director 0.50 X 0 0 0 Francis X Kelly III Director 0.50 X 0 0 0 Dr David Maine Director 0.50 X 0 0 0 Dr Sandra Kurtinitis Director 0.50 X 0 0 0 Lawrence E Kurzius Director 0.50 X 0 0 0 Jon M Laria Esq Director 0.50 X 0 0 0 Warner Mason Director 0.50 X 0 0 0 Archbishop William E Lori Director 0.50 X 0 0 0 William J McCarthy Director 0.50 X 0 0 0 Neil M Meltzer Director 0.50 X 0 0 0 Dr Kim Schatzel Director 0.50 X 0 0 0 Robert L Wallace Director 0.50 X 0 0 0 Jay A Perman Director 0.50 X 0 0 0 Brian D Pieninck Director 0.50 X 0 0 0 Kevin A Plank Director 0.50 X 0 0 0 John Racanelli Director 0.50 X 0 0 0 Timothy J Regan Director 0.50 X 0 0 0 Alexander F Smith Director 0.50 X 0 0 0 Kurt Schmoke Director 0.50 X 0 0 0 William Stromberg Director 0.50 X 0 0 0 Arun Subhas Director 0.50 X 0 0 0 David Warnock Director 0.50 X 0 0 0 Marc Weller Director 0.50 X 0 0 0 Arnold Williams Director 0.50 X 0 0 0 Dr David Wilson Director 0.50 X 0 0 0 Dr Sheridan Todd Yeary Director 0.50 X 0 0 0 Mohan Suntha Director 0.50 X 0 0 0 Donald C Fry President, CEO 40.00 6.00 X 413730 0 27228 Mark Guidera Vice President of Communcations and Marketing 40.00 X 112460 0 8433 Daniel Isang Vice President of Finance and Business Services 40.00 X 111273 0 10220 637463 0 45881 3 0 1 0 0 2032625 282600 2315225 Publications 541800 75472 75472 75472 52721 52721 82030 282600 66500 15530 15530 2458948 0 75472 68251 440958 203722 168887 68349 870885 402349 333549 134987 38949 17994 14917 6038 89942 41553 34448 13941 81553 37677 31235 12641 13000 13000 17380 4658 12722 101530 15773 62972 22785 57314 28657 28657 300640 159339 108230 33071 28205 18615 9590 5193 3376 1299 518 26379 26379 10945 10945 Program Activity 79299 79299 Personal property tax 7570 7570 Membership Expense 6141 6141 64895 64895 2240778 1020582 918276 301920 1448097 1831968 201223 92454 59655 57471 66501 66191 448263 409371 57428 38892 2936548 3233041 6000 6000 4775452 5326017 299212 448446 418370 357760 717582 806206 X 4057870 4519811 4057870 4519811 4775452 5326017 218170 243771 0 X X 0 1 X 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 2032625 14000 53822 67822 132121 -64299 2936548 296493 3233041 2757710 288813 109975 2936548 2304660 453050 2757710 2642344 -220838 116846 2304660 2245891 396453 2642344 1.00000 0 0 65397 64093 1304 235248 201964 33284 147618 143314 4304 38892 X 2769220 243772 66500 310272 2458948 0 2458948 2307278 66500 66500 2240778 0 2240778 Part V, Line 4: GBC's long-term investment fund consists of a fund established by its board of directors to ensure future stability and capacity to provide services to its members. Part X, Line 2: GBC 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, 2021, 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. As of December 31, 2021, the statute of limitations for fiscal years 2018 through 2021 remains open with the U.S. Federal jurisdiction or the various states and local jurisdictions in which GBC files tax returns. It is GBC's policy to recognize interest and/or penalties related to uncertain tax positions, if any, in income tax expense. Part XI, Line 2d - Other Adjustments: Fundraising Expenses 66,500. Part XII, Line 2d - Other Adjustments: Fundraising Expenses 66,500. Annual Meeting 147925 128000 19925 23146 Gen Assembly Prevw 37335 32750 4585 25 179370 121850 57520 21403 21951 364630 282600 82030 21403 45097 66500 15530 X 0 1 X X X 0 0 0 0 0 0 0 0 0 Donald C Fry President, CEO 362527 0 51203 0 0 0 27228 0 0 0 440958 0 0 0 Part I, Line 1a The President & 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 The President & 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 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 7a Yes, the organization has members who may elect one or more members of the governing body. A slate of nominated board members are presented for member approval at GBC's annual meeting in May. 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 15 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 XI, 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 Suite 1700 Baltimore MD 21202 521131843 To accept charitable contributions for community projects in the area. MD 501(c)(3) 170(b)(1) (A)(vi) No 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0