2020-11-09T12:39:05-06:00 2019-12-31 BDO USA LLP 1100 Peachtree Street Suite 700 ATLANTA GA 303094516 990 2019-01-01 580145520 METRO ATLANTA CHAMBER OF COMMERCE INC % DENISE MARTIN METR 4045861926 191 Peachtree ST NE ste 3400 ATLANTA GA 30303 DOUGLAS T RAY CFO 4045868436 2020-11-06 true Sandra L Feinsmith P01064157 4046886841 2020-11-06 73.184.37.52 58727420203145000000 2020-11-09 P 3820C01667454D7C6566E06817684EB3430A5351 B5C7D6451486FF9E48FCEB35A1F3D976698BA3D4 2019 2022-01-07 14:23:13Z ANNA KIRKPATRICK 191 Peachtree ST NE atlanta GA 30303 15989185 false X www.metroatlantachamber.com X 1911 GA UPGRADE & ADVANCE THE ATLANTA METRO AREA IN POPULATION, COMMERCE & FINANCE; EFFECT CIVIC & SOCIAL IMProVEMENTS; BETTER QUALITY OF LIFE IN THE COMMUNITY;&PROMOTE INTEGRITY IN BUSINESS 100 99 89 0 0 0 4871522 5751367 8436436 9563090 236122 223715 430409 451013 13974489 15989185 0 0 0 0 9376692 9042838 0 0 0 7151265 5094592 16527957 14137430 -2553468 1851755 12982458 15116958 5974644 4597150 7007814 10519808 X THE CORPORATION IS A VOLUNTARY ASSOCIATION OF INDIVIDUALS AND ORGANIZATIONS THE PURPOSES OF WHICH ARE TO UPGRADE AND ADVANCE THE ATLANTA METROPOLITAN AREA IN POPULATION, COMMERCE AND FINANCE; TO EFFECT CIVIC AND SOCIAL IMPROVEMENTS; TO BETTER THE QUALITY OF LIFE IN THE COMMUNITY; AND TO PROMOTE INTEGRITY AND GOOD FAITH AND JUST AND EQUITABLE PRINCIPLES IN BUSINESS. false false Overview 2019 HIGHLIGHTS AND ACCOMPLISHMENTS MAC continues to stand on the firm foundation of business leaders and regional partners who have championed our efforts and worked alongside us throughout our 160 years. As much as our history inspires us, I am equally proud of the progress we have made over the past five years. We moved from being an events-focused Chamber to embracing a strategic approach with a shared focus on three key areas: grow (economic development), advocate (public policy) and promote (marketing, communications and sporting events). And, we did this while embracing a clearer vision of our role in advancing the region: MAC is a regional Chamber whose effectiveness lies in its ability to connect, convene and collaborate as credible representatives of our business community. Our success in 2019 reflects this mindset and is evidence of our regions position as a knowledge capital, our history of uncovering innovative solutions, our commitment to diversity and inclusion, and the Chambers forward-thinking worldview. More important, our results reflect our commitment to next- generation leadership a necessary component as we work to make metro Atlanta a more vibrant and prosperous region. Key examples of our impact include: - Launching Project Plato where MAC brought together nearly 100 multigenerational and multicultural leaders representing a cross-section of industries to shape its next strategic plan; - Rebooting ChooseATL this fall with a new look, multicultural approach and refreshed message that will be laser-focused on capturing the attention of both Gen Z and millennial talent; - Advancing Backed by ATL, an initiative that helps middle-market growth companies accelerate growth and fuel economic impact, by building a strong community of next-gen businesses that will be the future tech leaders of the region and world; and - Securing major sporting events like the 2026 FIFA World Cup and driving metro Atlantas growing esports ecosystem for continued economic impact and global visibility for the region. Detailed Results Grow: Collaborating with regional partners to drive economic impact, job creation and continued ecosystem expansion. - Met with 556 Atlanta-based companies and 430 companies outside of Georgia resulting in over 11,300 incremental new jobs. - Joined our state, local and utility partners in announcing major projects like: CarMax (new customer experience center in Peachtree Corners); Chick-fil-A (first company-owned distribution facility in Cartersville); Invesco (acquisition of Oppenheimer Fund and a new headquarters in Midtown Atlanta); and Stitch Fix (a 900-person distribution facility in Douglasville). - Created the Atlanta Regional Federal Opportunity Zone Prospectus of development opportunities in the newly created zones around the region. - Merged the three largest bioscience entities (Georgia Bio, Global Health ATL and Georgia Global Health Alliance) to strengthen our global health initiatives as one organization. - Launched the nation's first dedicated esports marketing and economic development entity within a city sports council - the Atlanta Esports Alliance - to bid on and manage major esports and gaming activations from around the world. - Launched the Creative Industries Roundtable to bring together disparate pieces of the creative landscape that weren't necessarily working together, to help build a sustainable ecosystem. - Recruited and secured Smart City Expo Atlanta for the next three to five years, the first and only North American edition of Smart City Expo World Congress, the leading smart cities conference in the world. - Led and executed the largest economic development export initiative in metro Atlanta: Metro Export Challenge (MEC), providing and managing $5,000 grants to 30 companies throughout the region that employ 2,500 and are expanding internationally. - Positioned MAC as the region's international thought leader for foreign direct investment, keynoting more than 20 U.S. investment seminars around the world. - Positioned MAC's economic research as a ready resource for partners, investors, media and other key audiences. - Produced metro Atlanta research deliverables to support telling metro Atlanta's story with up-to- date facts. - Launched Project Plato to convene business leaders from the region to have curated discussions about the next generation of Atlanta. Nearly 100 multi-generational and multicultural leaders were engaged in these discussions focused on the future of Atlanta and inclusive innovation. - Completed an innovation ecosystem assessment with Accenture. Interviews from more than 120 stakeholders were combined with quantitative data to help identify key strategies to accelerate a unique, dynamic and inclusive innovation community with a focus on inclusive capital. - Launched and promoted an integrated innovation narrative for our region to amplify Atlanta's visibility in the innovation ecosystem. - Expanded Backed by ATL by five companies while introducing robust programs that help these fast growing, mid-market companies. Advocate: Working to maintain a business-friendly climate for all people. - Worked throughout the 2019 legislative session to promote pro-business legislation, oppose discriminatory legislation and protect Georgia's reputation as the #1 state for doing business. - Advanced legislation that puts computer science classes in every middle and high school by 2030 and funds computer science training for teachers. - Extended HOPE scholarship eligibility from 7-10 years. - Supported legislation that streamlines the deployment of small cell and 5G technology across Georgia. - Hosted Governor Brian Kemp, Lt. Governor Geoff Duncan, Speaker David Ralston, Mayor Keisha Lance Bottoms and their chiefs of staff for the NYSE bell ringing for Super Bowl LIII. - Launched a District Discovery program ensuring connections with elected officials occur in their districts. - Partnered with GEEARS to produce the Advancing Opportunities report and companion video focused on solutions for Georgia's child care challenges. - Released the Metro Atlanta Talent Pipeline Report providing insights into students' aptitude and interest in high-demand career fields. - With support from the Atlanta Sports Council, launched a one-day policy conference, which focused on the regional impact of major sporting events and opportunities over the next decade. - Created a new collective sustainability effort with regional partners and businesses to gain more traction in our region's sustainability efforts and amplify existing initiatives. Promote: Telling Atlanta's remarkable story to the world. - Won the bid to host the 2021 Major League Baseball All-Star Game. - Partnered with the public policy team to launch a one-day conference, which focused on the regional impact of major sporting events and the opportunities over the new decade. - Organized and hosted Super Bowl LIII and successfully leveraged the event to tell Atlanta's story at scale. MAC guided messaging that was adopted by the Super Bowl LIII host committee and its 30,000 volunteers through www.ATLBrandBox.com. We launched a press and social media blitz in partnership with organizations around the region and, as a result, tracked a total of 7.4 billion impressions on social media that included "Super Bowl + Atlanta" from January 26 - February 5. - Brought increased sophistication to leveraging MAC's digital channels to reach and engage critical audiences - talent, CXOs, civic leaders and others. We wrapped the year with a 50% increase in our combined social media following (MAC and ChooseATL) and positive increases in users across our web sites. These facts underscore the utility in the information and tools MAC is providing its stakeholder and our marketing and communications team's know-how. - Leveraged our 160th annual meeting to position MAC as a driving force in our region. With billboards, an ad in the AJC and strong content during our "deconstructed" two-part annual meeting experience, we introduced our strategic approach focused on the next generation, including a reboot of ChooseATL, the launch of Project Plato, advancing Backed by ATL and securing major sporting events, while highlighting MAC's rich history and our ongoing focus on careers, community and culture. - Took Atlanta on the road to SXSW for the fourth and final year, including 23 speakers, 9 musical acts, 12 world-class brands, more than 1 million accounts reached using #ChooseATL and 3.6 million impressions on social media that included "SXSW + Atlanta." 2019 partners included Georgia Power, Coca-Cola and Porsche. - Doubled-down on the in-market initiative that has proven to yield the strongest impact and drive our mission to attract and retain talent: ChooseATL After 5. This year marked the program's fourth consecutive year, bringing together more than 1,000 interns to experience Atlanta through six immersive, culturally rich experiences. 2019 corp false true false true false false false false false true false false true true true false true false false false false false false false false false false false true false false false false false false false false false false false true true false false true 107 0 89 true false false false false true true false false false X 100 99 false false false false false false false true true false false false true true true false true true true false GA X DENISE MARTIN 4045861926 191 PEACHTREE ST NE atlanta GA 30303 Hala G Moddelmog President & CEO 40.0 10.0 X X 727938 0 36034 Anna Kirkpatrick Chief Policy Officer 40.0 0.0 X 407000 0 46802 David Hartnett Chief Economic Development Of 40.0 0.0 X 396460 0 46802 Janice Rys Chief Development Officer 40.0 0.0 X 399600 0 26088 Diesha Barnett Chief Brand & Communications O 40.0 0.0 X 360600 0 46802 Douglas T Ray Chief Financial Officer 40.0 0.0 X 363411 0 36034 Alex Gonzalez Chief Innovation Officer 40.0 0.0 X 334600 0 46802 Chris Ahrenkiel Director 1.0 0.0 X 0 0 0 Mary Carol Alexander Director 1.0 0.0 X 0 0 0 David Allman Director 1.0 0.0 X 0 0 0 David Balos Director 1.0 0.0 X 0 0 0 Veronica Biggins Director 1.0 0.0 X 0 0 0 David Boehmig Director 1.0 0.0 X 0 0 0 Jenni Bonura Director 1.0 0.0 X 0 0 0 Mary Brock Director 1.0 0.0 X 0 0 0 Matt Bronfman Director 1.0 0.0 X 0 0 0 Mark Buffington Director 1.0 0.0 X 0 0 0 Jay Caiafa Director 1.0 0.0 X 0 0 0 Dan Cathy Director 1.0 0.0 X 0 0 0 Fabiola Charles Stokes Director 1.0 0.0 X 0 0 0 Tom Chubb Director 1.0 0.0 X 0 0 0 Chris Clark Director 1.0 0.0 X 0 0 0 Solange Claudio Director 1.0 0.0 X 0 0 0 Cameron Clayton Director 1.0 0.0 X 0 0 0 Dave Cole Director 1.0 0.0 X 0 0 0 Shan Cooper Director 1.0 0.0 X 0 0 0 Gretchen Corbin Director 1.0 0.0 X 0 0 0 Kim Crawford Goodman Director 1.0 0.0 X 0 0 0 David Cummings 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0 0 David Kent Director 1.0 0.0 X 0 0 0 Raymond King Director 1.0 0.0 X 0 0 0 Linda Klein Director 1.0 0.0 X 0 0 0 Stan Kryder Director 1.0 0.0 X 0 0 0 Glenn Landau Director 1.0 0.0 X 0 0 0 Wonya Lucas Director 1.0 0.0 X 0 0 0 Simon Malko Director 1.0 0.0 X 0 0 0 Rob Martinez Director 1.0 0.0 X 0 0 0 Bob Mathews Director 1.0 0.0 X 0 0 0 Rich McKay Director 1.0 0.0 X 0 0 0 Roderick McLean Director 1.0 0.0 X 0 0 0 Glenn Mitchell Director 1.0 0.0 X 0 0 0 Mary Moore Director 1.0 0.0 X 0 0 0 Jere Morehead Director 1.0 0.0 X 0 0 0 Michelle Nunn Director 1.0 0.0 X 0 0 0 John O'Neill Director 1.0 0.0 X 0 0 0 Keith Parker Director 1.0 0.0 X 0 0 0 William Pate Director 1.0 0.0 X 0 0 0 Marian Pittman Director 1.0 0.0 X 0 0 0 Aaron Powell Director 1.0 0.0 X 0 0 0 Jenny Pruitt Director 1.0 0.0 X 0 0 0 Erica Qualls-Battey Director 1.0 0.0 X 0 0 0 Sean Reardon Director 1.0 0.0 X 0 0 0 Dan Reardon Director 1.0 0.0 X 0 0 0 Gary Reedy Director 1.0 0.0 X 0 0 0 AJ Robinson Director 1.0 0.0 X 0 0 0 David Rubinger Director 1.0 0.0 X 0 0 0 Mark Satterfield Director 1.0 0.0 X 0 0 0 Candice Saunders Director 1.0 0.0 X 0 0 0 Derek Schiller Director 1.0 0.0 X 0 0 0 Doug Shipman Director 1.0 0.0 X 0 0 0 Mike Sivewright Director 1.0 0.0 X 0 0 0 Rob Slimp Director 1.0 0.0 X 0 0 0 Clarence Smith Director 1.0 0.0 X 0 0 0 Ed Snow Director 1.0 0.0 X 0 0 0 Steve Stone Director 1.0 0.0 X 0 0 0 Bill Strang Director 1.0 0.0 X 0 0 0 Eric Tanenblatt Director 1.0 0.0 X 0 0 0 Scott Taylor Director 1.0 0.0 X 0 0 0 Matthew Toms Director 1.0 0.0 X 0 0 0 Pat Upshaw-Monteith Director 1.0 0.0 X 0 0 0 Jamie Walker Director 1.0 0.0 X 0 0 0 Wade Weeks Director 1.0 0.0 X 0 0 0 Chris White Director 1.0 0.0 X 0 0 0 Pamela Whitten Director 1.0 0.0 X 0 0 0 Doug Williams Director 1.0 0.0 X 0 0 0 Steve Wrigley Director 1.0 0.0 X 0 0 0 Ben Young Director 1.0 0.0 X 0 0 0 Eric Young Director 1.0 0.0 X 0 0 0 Klaus Zellmer Director 1.0 0.0 X 0 0 0 Michael Zeto Director 1.0 0.0 X 0 0 0 David Abney Executive Committee Member 1.0 0.0 X 0 0 0 Harsha Agadi Executive Committee Member 1.0 0.0 X 0 0 0 Ed Bastian Executive Committee Member 1.0 0.0 X 0 0 0 Mark Becker Executive Committee Member 1.0 0.0 X 0 0 0 Frank Bisignano Executive Committee Member 1.0 0.0 X 0 0 0 RAPHAEL BOSTIC Executive Committee Member 1.0 0.0 X 0 0 0 Paul Bowers Executive Committee Member 1.0 0.0 X 0 0 0 Paul Brown Executive Committee Member 1.0 0.0 X 0 0 0 Kevin Brown Executive Committee Member 1.0 0.0 X 0 0 0 ngel Cabrera Executive Committee Member 1.0 0.0 X 0 0 0 Jill Campbell Executive Committee Member 1.0 0.0 X 0 0 0 Mary Schmidt Campbell Executive Committee Member 1.0 0.0 X 0 0 0 Bill Connors Executive Committee Member 1.0 0.0 X 0 0 0 Mike Cote Executive Committee Member 1.0 0.0 X 0 0 0 Dave Dase Executive Committee Member 1.0 0.0 X 0 0 0 Mike Donnelly Executive Committee Member 1.0 0.0 X 0 0 0 Michael Doss Executive Committee Member 1.0 0.0 X 0 0 0 John Dwyer Executive Committee Member 1.0 0.0 X 0 0 0 Jimmy Etheredge Executive Committee 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Banyan Street PO Box 865473 ORLANDO FL 32886 Rent/Lease 755815 CENTURY SOLUTIONS GROUP 1545 SENIOR RD STE A TYRONE GA 30290 IT 301896 Nebo Agency LLC 680 Murphy Ave SW Suite 1085 ATLANTA GA 30310 Advertising 251572 Group Resources PO Box 3970 DULUTH GA 30096 Health Insurance 225576 GolinHarris International Inc PO Box 74008247 CHICAGO IL 60674 Public Relations 182795 9 5751367 5751367 PROGRAM SERVICE REVENUE 900099 1010163 1010163 MEMBERSHIP DUES 900099 8552927 8552927 9563090 223715 223715 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MISC REVENUE 900099 47513 47513 AFFILIATE INCOME 900099 403500 403500 451013 15989185 10014103 223715 0 0 0 0 1217774 0 6496464 208237 685995 434368 0 17063 118661 574582 0 0 0 60000 72398 61662 0 1195439 127031 0 0 0 0 538875 0 PROGRAM & FA EXPENSE 1989567 OTHER EXPENSES 339314 14137430 0 0 11162 1781241 0 0 394095 107200 0 0 0 0 0 0 0 0 336782 373684 7253841 2469856 5305516 4783985 6906192 6838508 0 0 0 0 0 0 28711 1232340 12982458 15116958 2106868 2019712 0 0 1807403 601991 0 0 0 0 0 0 0 0 0 0 2060373 1975447 5974644 4597150 X 5266389 7666466 1741425 2853342 7007814 10519808 12982458 15116958 X 1851755 945683 714556 X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false true 8552927 574582 -572411 2171 598705 -596534 4085203 941027 3144176 942489 486158 456331 2226149 1042671 1183478 4783985 INTERCOMPANY RECEIVABLE 1203095 RELATED PARTY RECEIVABLES 29245 1232340 0 DEFERRED RENT AND LEASE INCENTIVES 1975447 1975447 X 15849451 945683 26500 972183 14877268 1111917 1111917 15989185 14264216 126786 126786 14137430 14137430 PART X LINE 2 ASC 740-10 (formerly known as FIN 48) The Companies account for uncertainty in income taxes recognized in accordance with ASC Topic 740, Income Taxes, that clarifies the accounting for uncertainty in income taxes and sets a consistent framework for preparers to use to determine the appropriate level of tax reserve to maintain for uncertain tax positions. In accordance with ASC Topic 740, the Companies policy for recording interest and penalties associated with tax positions, if assessed, is to record such items in the consolidated statements of activities and changes in net assets. The Companies have not identified any uncertain tax positions for the years ended December 31, 2019 and 2018, for which a liability reserve is required. The Companies believe that they are no longer subject to income tax examinations by the U.S. federal, state or local tax authorities for years ended December 31, 2016 and prior. PART XI LINE 2d Other adjustments include activity from another entity totaling 26,500 PART XI LINE 4b Other adjustments include change in donor restricted contributions totaling 1,111,917 PART XII LINE 2d Other adjustments include activity from another entity totaling 126,786 X X X false false false Hala G Moddelmog President & CEO 465938 0 250000 0 12000 0 11000 0 25034 0 763972 0 0 0 Anna Kirkpatrick Chief Policy Officer 305349 0 92051 0 9600 0 11000 0 35802 0 453802 0 0 0 David Hartnett Chief Economic Development Of 297250 0 89610 0 9600 0 11000 0 35802 0 443262 0 0 0 Diesha Barnett Chief Brand & Communications O 270000 0 81000 0 9600 0 11000 0 35802 0 407402 0 0 0 Douglas T Ray Chief Financial Officer 271856 0 81955 0 9600 0 11000 0 25034 0 399445 0 0 0 Janice Rys Chief Development Officer 260000 0 130000 0 9600 0 11000 0 15088 0 425688 0 0 0 Alex Gonzalez Chief Innovation Officer 250000 0 75000 0 9600 0 11000 0 35802 0 381402 0 0 0 POLICIES-REVIEW OF FORM 990 Form 990, part vi, section b policies, question 11 THE FORM 990 WAS PREPARED BY A PUBLIC ACCOUNTING FIRM WITH INPUT FROM THE CHAMBER'S ACCOUNTING STAFF. A DRAFT COPY WAS REVIEWED BY KEY ACCOUNTING STAFF AND THE CFO. EACH PERSON INDIVIDUALLY REVIEWED THE FORM AND CHANGES WERE SUBMITTED TO THE TAX PREPARER. THE FINAL RETURN WAS REVIEWED AND APPROVED BY THE CFO. THE FINAL FILED FORM 990 IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST AND IS ALSO AVAILABLE ON ANOTHER WEBSITE CALLED GUIDESTAR. POLICIES-CONFLICT OF INTEREST form 990, part vi, section b policies, questions 12a, b and c THE CONFLICT OF INTEREST POLICY, ITS PURPOSE, DEFINITIONS OF AND PROCEDURES FOR DISCLOSURE ARE ADDRESSED AND REVIEWED AT THE CHAMBER'S INITIAL BOARD MEETING OF THE YEAR. ALL BOARD MEMBERS ARE INFORMED OF THE DUTIES AND PROCEDURES FOR DISCLOSURE OF ANY POTENTIAL CONFLICTS OF INTERESTS. POLICIES-COMPENSATION OF THE CEO form 990, PART VI SECTION B POLICIES, QUESTION 15A PER THE BYLAWS, THE CEO'S COMPENSATION IS REVIEWED AND DETERMINED BY THE COMPENSATION COMMITTEE AND ITS RECOMMENDATION IS FORWARDED TO THE EXECUTIVE COMMITTEE FOR FINAL APPROVAL. POLICIES-COMPENSATION OF OTHER OFFICERS OR KEY EMPLOYEES form 990, PART VI, SECTION B POLICIES, QUESTION 15B THE CHAMBER HAS A COMPENSATION COMMITTEE THAT REVIEWS AND APPROVES EMPLOYEE COMPENSATION. THE COMPENSATION COMMITTEE USES COMPENSATION SURVEYS AND OTHER INDEPENDENT DATA TO SET COMPETITIVE COMPENSATION LEVELS. THE COMPENSATION COMMITTEE MEETS ANNUALLY TO COMPLETE THIS REVIEW AND REPORTS TO THE EXECUTIVE BOARD. DISCLOSURE form 990, Part vi section c, question 19 If the organization's governing documents and conflict of interest policy are subject to applicable federal or state public disclosure requirements, those documents will be made available as applicable law may require. Otherwise, the governing documents, conflict of interest policy and financial statements will be provided to the public at the discretion of the organization's management. Reconciliation of Net Assets FORM 990, PART XI, LINE 9 Net activity from another entity totaling (100,287) Change in accounting principles due to ASC 606 & ASC 958 totaling 814,843 GREATER ATLANTA CHAMBER FOUNDATION 191 PEACHTREE ST NE STE 3400 ATLANTA GA 30303 581285711 charitable GA 501(c)(3) 509(a)3 II MACOC true EDUPAC 191 PEACHTREE ST NE STE 3400 ATLANTA GA 30303 582602037 PAC fund GA 527 polit N/A false MACPAC 191 PEACHTREE ST NE STE 3400 ATLANTA GA 30303 201614539 PAC fund GA 527 polit N/A false false false false false false false false false false false false false false true true false true false false GREATER ATLANTA CHAMBER FOUNDATION-Overhead n 403500 COST REIMBURSE GREATER ATLANTA CHAMBER FOUNDATION-CompBenef o 1574150 COST REIMBURSE GREATER ATLANTA CHAMBER FOUNDATION-EXP PAID q 99305 COST REIMBURSE