CAPITAL REGION CHAMBER OF COMMERCE INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
CAPITAL REGION CHAMBER OF COMMERCE INC (EIN 47-4159612)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-06-29
IRS object ID
202041819349301634
Schema version
2019v5.0
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)
Return2020-06-29T15:52:45-05:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN141731700PreparerFirmEIN

Preparer Firm Name PreparerFirmName

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

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line140 BRITISH AMERICAN BLVDAddressLine1Txt
CityLATHAMCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12110ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

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
Signature2020-06-25SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL A TOBIN IIPreparerPersonNm
PTINP00248170PTIN
Phone5187833100PhoneNum
Preparation2020-06-25PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address184.74.32.146IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-06-29IPDt
IP Tm15:52:45IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id09C57EFB63370050B0276F6BD506310CAB445A88AtSubmissionCreationDeviceId
At Submission Filing Device Id0EE8408E57E1BF73122503211340B30C6955333AAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

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$4,228,598GrossReceiptsAmt
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 TO PROVIDE GREATER INFLUENCE AND OPPORTUNITIES FOR OUR MEMBERS AND OUR CAPITAL REGION COMMUNITIES.ActivityOrMissionDesc
Voting Members Governing Body32VotingMembersGoverningBodyCnt
Voting Members Independent32VotingMembersIndependentCnt
Total Employee25TotalEmployeeCnt
Total Volunteers230TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$688,067PYContributionsGrantsAmt
CY Contributions Grants$788,857CYContributionsGrantsAmt
PY Program Service Revenue$2,695,191PYProgramServiceRevenueAmt
CY Program Service Revenue$2,764,558CYProgramServiceRevenueAmt
PY Investment Income$53,093PYInvestmentIncomeAmt
CY Investment Income$58,321CYInvestmentIncomeAmt
PY Other Revenue$1,588PYOtherRevenueAmt
CY Other Revenue$10,158CYOtherRevenueAmt
PY Total Revenue$3,437,939PYTotalRevenueAmt
CY Total Revenue$3,621,894CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,983,088PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,151,249CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,314,352PYOtherExpensesAmt
CY Other Expenses$1,402,372CYOtherExpensesAmt
PY Total Expenses$3,297,440PYTotalExpensesAmt
CY Total Expenses$3,553,621CYTotalExpensesAmt
PY Revenues Less Expenses$140,499PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$68,273CYRevenuesLessExpensesAmt
Total Assets BOY$4,279,931TotalAssetsBOYAmt
Total Assets EOY$4,618,821TotalAssetsEOYAmt
Total Liabilities BOY$2,045,532TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,961,390TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,234,399NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,657,431NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE MISSION OF THE CAPITAL REGION CHAMBER OF COMMERCE, INC. IS TO BE A UNIFYING FORCE TO PROVIDE GREATER INFLUENCE AND OPPORTUNITIES FOR OUR MEMBERS AND OUR CAPITAL REGION COMMUNITIES.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$1,415,687ExpenseAmt
Revenue$2,189,623RevenueAmt
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$775,926ExpenseAmt
Revenue$276,319RevenueAmt
DescTALENT DEVELOPMENT -SUPPORT BUSINESSES TO ATTRACT AND DEVELOP THEIR HUMAN CAPITAL; THIS INCLUDES EDUCATION/WORKFORCE DEVELOPMENT, DIVERSITY AND INCLUSION, YOUNG PROFESSIONALS NETWORK, AND LEADERSHIP TECH VALLEY.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$367,631ExpenseAmt
Revenue$227,411RevenueAmt
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$257,691ExpenseAmt
Revenue$71,205RevenueAmt
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$257,691TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$71,205TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$2,816,935TotalProgramServiceExpensesAmt
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
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 Document38IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee25EmployeeCnt
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 Members32GoverningBodyVotingMembersCnt
Independent Voting Member32IndependentVotingMemberCnt
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)
PersonPATRICIA MAGUIREPersonNm
Phone5184311416PhoneNum

US Address USAddress

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

Form990 Part VII Section A Form990PartVIISectionAGrp (34 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt
RICHAED P SLEASMAN
CHAIR1.00Yes (X)Yes (X)$0$0$0
PAUL MILTON
CHAIR-ELECT1.00Yes (X)Yes (X)$0$0$0
STEPHEN J OBERMAYER
TREASURER1.00Yes (X)Yes (X)$0$0$0
MONA J GOLUB
SECRETARY1.00Yes (X)Yes (X)$0$0$0
PAULA A STOPERA
DIRECTOR1.00Yes (X)$0$0$0
RAIMUNDO ARCHIBOLD
DIRECTOR1.00Yes (X)$0$0$0
CARM BASILE
DIRECTOR1.00Yes (X)$0$0$0
JACK BOSS
DIRECTOR1.00Yes (X)$0$0$0
JEFFREY BUELL
DIRECTOR1.00Yes (X)$0$0$0
ANTHONY CARNEVALE
DIRECTOR1.00Yes (X)$0$0$0
JOHN DEAUGUSTINE
DIRECTOR1.00Yes (X)$0$0$0
MARTIN S FINN
DIRECTOR1.00Yes (X)$0$0$0
DENISE GONICK
DIRECTOR1.00Yes (X)$0$0$0
DAVID HANNOUSH
DIRECTOR1.00Yes (X)$0$0$0
DAVID R HARRIS PHD
DIRECTOR1.00Yes (X)$0$0$0
RICHIE C HUNTER
DIRECTOR1.00Yes (X)$0$0$0
STUART KLEIN
DIRECTOR1.00Yes (X)$0$0$0
ANNMARIE LANESEY
DIRECTOR1.00Yes (X)$0$0$0
RAYMOND LEGERE
DIRECTOR1.00Yes (X)$0$0$0
KIRK M LEWIS
DIRECTOR1.00Yes (X)$0$0$0
JENNIFER L MACPHEE
DIRECTOR1.00Yes (X)$0$0$0
RUTH MAHONEY
DIRECTOR1.00Yes (X)$0$0$0
JEANNE MALOY
DIRECTOR1.00Yes (X)$0$0$0
ANNE MCENTEE PHD
DIRECTOR1.00Yes (X)$0$0$0
ROSE U MILLER
DIRECTOR1.00Yes (X)$0$0$0
VINCENT L NELSON
DIRECTOR1.00Yes (X)$0$0$0
JT POLLARD
DIRECTOR1.00Yes (X)$0$0$0
JENNIFER RAO
DIRECTOR1.00Yes (X)$0$0$0
JOHN ROBINSON
DIRECTOR1.00Yes (X)$0$0$0
ROBERT T SCHOFIELD
DIRECTOR1.00Yes (X)$0$0$0
ELIZABETH SOBOL
DIRECTOR1.00Yes (X)$0$0$0
SCOTT D STEVENS
DIRECTOR1.00Yes (X)$0$0$0
MARK N EAGAN
PRESIDENT &40.00Yes (X)$330,268$0$46,8277.00
PATRICIA MAGUIRE
COO30.00Yes (X)$146,806$0$20,82414.00
FieldValueIRS element (for citing)
Total Reportable Comp From Org$477,074TotalReportableCompFromOrgAmt
Total Other Compensation$67,651TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Related Organizations$788,857RelatedOrganizationsAmt
Total Contributions$788,857TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MEMBER SERVICES561000$2,189,623$2,189,623
TALENT900099$276,319$276,319
BUSINESS GROWTH900099$227,411$227,411
ADVOCACY900099$71,205$71,205
FieldValueIRS element (for citing)
Total Program Service Revenue$2,764,558TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$44,997TotalRevenueColumnAmt
Related Or Exempt Func Income$44,997RelatedOrExemptFuncIncomeAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$616,362SecuritiesAmt
Other$3,666OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$606,704SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$9,658SecuritiesAmt
Other$3,666OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$13,324TotalRevenueColumnAmt
Related Or Exempt Func Income$13,324RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER REVENUEDesc
Business900099BusinessCd
Total Revenue Column$10,158TotalRevenueColumnAmt
Related Or Exempt Func Income$10,158RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$10,158OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,621,894TotalRevenueColumnAmt
Related Or Exempt Func Income$2,833,037RelatedOrExemptFuncIncomeAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,795,797TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$107,344TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$108,688TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$139,420TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$19,097TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$19,908TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$18,225TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$93,394TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$12,318TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$101,464TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$198,992TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$293,829TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$23,791TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$302,513TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$48,916TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$12,981TotalAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmt
INTERCOMPANY EXPENSE$232,427
DUES & SUBSCRIPTIONS$24,492
FILING FEE$25

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,553,621TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$726,419BOYAmt
EOY$625,421EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$553,581BOYAmt
EOY$609,529EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$143,653BOYAmt
EOY$102,973EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$85,709BOYAmt
EOY$110,879EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$28,873BOYAmt
EOY$42,236EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$627,543LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$523,695LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$116,591BOYAmt
EOY$103,848EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,807,766BOYAmt
EOY$2,334,148EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$817,339BOYAmt
EOY$689,787EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$4,279,931BOYAmt
EOY$4,618,821EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$155,127BOYAmt
EOY$249,837EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$832,241BOYAmt
EOY$964,458EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,058,164BOYAmt
EOY$747,095EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,045,532BOYAmt
EOY$1,961,390EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,093,663BOYAmt
EOY$2,503,240EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$140,736BOYAmt
EOY$154,191EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,234,399BOYAmt
EOY$2,657,431EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$4,279,931BOYAmt
EOY$4,618,821EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$68,273ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$302,560NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$52,199OtherChangesInNetAssetsAmt
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 RequiredfalseFederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues NondedfalseSubstantiallyAllDuesNondedInd
Only In House LobbyingfalseOnlyInHouseLobbyingInd
Agree Carryover Prior YearfalseAgreeCarryoverPriorYearInd
Dues Assessments$1,571,134DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$37,233NonDeductibleLbbyngPltclCYAmt
Non Deductible Lbbyng Pltcl Tot$37,233NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$54,990AggregateReportedDuesNtcAmt
Taxable-$17,757TaxableAmt

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$326,088OtherCostOrOtherBasisAmt
Depreciation$292,126DepreciationAmt
Book Value$33,962BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$252,730OtherCostOrOtherBasisAmt
Depreciation$187,566DepreciationAmt
Book Value$65,164BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$48,725OtherCostOrOtherBasisAmt
Depreciation$44,003DepreciationAmt
Book Value$4,722BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$103,848TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (4 entries)

DescDescBook ValueBookValueAmt
INVESTMENTS HELD FOR 457(B) PLAN$296,520
GRANT FUNDS HELD IN TRUST-CUSTODIAL$211,032
DUE FROM RELATED PARTY$182,135
INVESTMENT IN RELATED PARTY$100
FieldValueIRS element (for citing)
Total Book Value Other Assets$689,787TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
INVESTMENTS HELD FOR 457(B) PLAN$296,520
FUNDS HELD ON BEHALF OF OTHERS$239,543
REFUNDABLE GRANTS$211,032
FieldValueIRS element (for citing)
Total Liability$747,095TotalLiabilityAmt
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 PROVISONS OF FASB ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE ADOPTION OF THIS STANDARD RESULTED IN NO UNCERTAIN 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 OrgBaseCompensationFilingOrgAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmt
MARK N EAGAN
PRESIDENT & CEO$330,268$22,400$24,427$377,095
PATRICIA MAGUIRE
COO$146,806$11,281$9,543$167,630

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 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.
FORM 990, PART XI, LINE 9EQUITY TRANSFER-CHAMBER OF SO. SARATOGA COUNTY 52,199

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 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

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 (8 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
CAPITAL REGION CHAMBER FOUNDATION
N$123,858ALLOC BASED ON STAFFING %
CAPITAL REGION CHAMBER FOUNDATION
O$463,023ALLOC BASED ON STAFFING %
CAPITAL REGION CHAMBER FOUNDATION
D$16,620
CAPITAL REGION CHAMBER FOUNDATION
B$232,427
BUSINESS SERVICES CORPORATION
C$47,300
BUSINESS SERVICES CORPORATION
N$29,704ALLOC BASED ON STAFFING %
BUSINESS SERVICES CORPORATION
O$124,972ALLOC BASED ON STAFFING %
BUSINESS SERVICES CORPORATION
D$165,515

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