2019-02-28T13:59:04-06:00 2018-06-30 275360847 CROSSLIN PLLC 3803 BEDFORD AVENUE SUITE 103 NASHVILLE TN 37215 990 2017-07-01 620304530 NASHVILLE AREA CHAMBER OF COMMERCE NASH 6157433000 211 COMMERCE STREET NO 100 NASHVILLE TN 37201 RALPH SCHULZ PRESIDENT/CEO 6157433000 2019-02-28 1 STEVEN D WARREN P00921930 6153205500 71.16.89.174 2019-02-28 13:58:57 CS P C9ED19D146748CAC02A1A8999E376782BC08CAB7 924F5484B370A9FF257601B07D0C5CFB195EBBD3 2017 2019-02-21 02:37:17Z RALPH SCHULZ 211 COMMERCE STREET NO 100 NASHVILLE TN 37201 11852725 0 X WWW.NASHVILLECHAMBER.COM X 1847 TN THE NASHVILLE AREA CHAMBER OF COMMERCE FACILITATES COMMUNITY LEADERSHIP TO CREATE ECONOMIC PROSPERITY. 39 39 80 2000 10845 1053 6291802 7633572 3243185 2920432 54833 47089 0 0 9589820 10601093 462357 0 0 0 5543862 5728512 0 0 0 4865161 4383421 10871380 10111933 -1281560 489160 6332754 7058812 3127794 3041206 3204960 4017606 THE NASHVILLE AREA CHAMBER OF COMMERCE FACILITATES COMMUNITY LEADERSHIP TO CREATE ECONOMIC PROSPERITY. 0 0 MEMBERSHIP SERVICES:THE CHAMBER ENHANCES THE BUSINESS ENVIRONMENT OF THE REGION BY PROVIDING OPPORTUNITIES TO CREATE AND FOSTER RELATIONSHIPS BETWEEN THE BROADER NASHVILLE REGION COMMUNITY OF BUSINESSES AND PROVIDE EDUCATIONAL PROGRAMMING AND VALUE OFFERINGS TO ADVANCE BUSINESS PROSPERITY. THE CHAMBER SERVED NEARLY 400 SMALL BUSINESS OWNERS THROUGH MONTHLY WORKSHOPS, 200 SMALL BUSINESS OWNERS THROUGH ITS SMALL AND DIVERSE BUSINESS FORUM, MORE THAN 2,300 BUSINESS REGISTRANTS AT ITS AREA ADVISORY COUNCIL MEETINGS, AND 10,000 BUSINESS PARTICIPANTS OVERALL IN ALL CHAMBER PROGRAMS AND EVENTS. ECONOMIC DEVELOPMENT:ECONOMIC DEVELOPMENT ACTIVITES ATTRACT NEW BUSINESSES TO THE REGION AND FACILITATE THE GROWTH OF EXISTING AREA BUSINESSES. EFFORTS OF THE CHAMBER PROVIDED FOR 29 RELOCATIONS, 2,662 JOBS, 682,910 SQUARE FEET OF SPACE TO BE OCCUPIED, AND $195,041,848 OF CAPITAL WAS INVESTED IN BUILDINGS AND EQUIPMENT IN THE METROPOLITAN AREA.IN ADDITION, 64 COMPANIES ANNOUNCED EXPANSION PLANS ACCOUNTING FOR 3,892 JOBS, 4,652,536 SQUARE FEET OF SPACE TO BE OCCUPIED AND $1,053,745,942 IN CAPITAL INVESTMENT IN BUILDINGS AND EQUIPMENT IN THE METROPOLITAN AREA. 0 1 0 1 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 1 0 0 1 101 0 1 80 1 1 1 0 0 0 1 1 0 X 39 39 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 TN X X CASSIE FAHRNEY VP OF FINANCE 6157433180 211 COMMERCE STREET SUITE 100 NASHVILLE TN 37201 ALAN J PRAMUK DIRECTOR 2.00 X 0 0 0 BETH CHASE SECRETARY 2.00 X X 0 0 0 C WRIGHT PINSON DIRECTOR 2.00 X 0 0 0 CAROL YOCHEM DIRECTOR 2.00 X 0 0 0 CLAIRE W TUCKER FINANCE/AUDIT COMM CHAIR 2.00 X X 0 0 0 DAMON HININGER DIRECTOR 2.00 X 0 0 0 DARRELL FREEMAN DIRECTOR 2.00 X 0 0 0 DECOSTA JENKINS DIRECTOR 2.00 X 0 0 0 DOUG BRANDON DIRECTOR 2.00 X 0 0 0 GARY GARFIELD DIRECTOR 2.00 X 0 0 0 JAMES R SCHMITZ VICE CHAIR 2.00 X X 0 0 0 JAMES W SPRADLEY JR DIRECTOR 2.00 X 0 0 0 JOEY HATCH DIRECTOR 2.00 X 0 0 0 JORGE DOMINICIS DIRECTOR 2.00 X 0 0 0 KAREN SPRINGER DIRECTOR 2.00 X 0 0 0 KATE HERMAN DIRECTOR 2.00 X 0 0 0 KEN LEVITAN DIRECTOR 2.00 X 0 0 0 LAURA L HOLLINGSWORTH DIRECTOR 2.00 X 0 0 0 MARGARET DOLAN DIRECTOR 2.00 X 0 0 0 MARK FIORAVANTI DIRECTOR 2.00 X 0 0 0 MARY K CAVARRA DIRECTOR 2.00 X 0 0 0 MARYANNE HOWLAND DIRECTOR 2.00 X 0 0 0 MILTON JOHNSON CHAIR 2.00 X X 0 0 0 ROBERT A MCCABE JR DIRECTOR 2.00 X 0 0 0 ROBERT B HIGGINS JR BD GOVERNANCE COMMITTEE CH 2.00 X X 0 0 0 ROBERT J DENNIS DIRECTOR 2.00 X 0 0 0 ROBERT S PATTERSON DIRECTOR 2.00 X 0 0 0 SAURABH SINHA DIRECTOR 2.00 X 0 0 0 SEAN HENRY DIRECTOR 2.00 X 0 0 0 STEPHEN KULINSKI DIRECTOR 2.00 X 0 0 0 SYDNEY MCPHEE DIRECTOR 2.00 X 0 0 0 TOM AARON DIRECTOR 2.00 X 0 0 0 TONY SWAFFORD GENERAL COUNSEL 2.00 X X 0 0 0 W CARL WHITMER DIRECTOR 2.00 X 0 0 0 WANDA LYLE DIRECTOR 2.00 X 0 0 0 WILLIAM F CARPENTER III DIRECTOR 2.00 X 0 0 0 RALPH SCHULZ PRESIDENT 38.00 2.00 X 488141 0 35376 HAILEY HOVIOUS PRESIDENT,HEALTH CARE COUN 40.00 X 188310 0 12746 MARC HILL CHIEF POLICY OFFICER 30.00 10.00 X 171328 0 8478 COURTNEY ROSS CHIEF ECONOMIC DEVELOPMENT 40.00 X 164932 0 8908 NANCY EISENBRANDT CHIEF OPERATING OFFICER 38.00 2.00 X 163533 0 11307 STEPHANIE COLEMAN CHIEF GROWTH OFFICER 40.00 X 159999 0 13972 1336243 0 90787 6 0 1 0 SUN LIFE ASSURANCE CO OF CANADA 22 CENTURY BLVD SUITE 130 NASHVILLE TN 37214 CONTRACTED SERVICES 445672 JARRARD PHILLIPS CATE & HANCOCK INC 219 WARD CIRCLE SUITE 3 BRENTWOOD TN 37027 CONTRACTED SERVICES 140875 NASHVILLE HEALTH 8 CITY BLVD SUITE 204 NASHVILLE TN 37209 CONTRACTED SERVICES 128500 PREMIER PARKING OF TENNESSEE LLC PO BOX 4577 CAROL STREAM IL 601974577 CONTRACTED SERVICES 103646 NASHVILLE PUBLIC RADIO 630 MAINSTREAM DRIVE NASHVILLE TN 372281204 CONTRACTED SERVICES 103200 5 3594299 350000 3689273 61972 7633572 PROGRAM FEES/SPONSORSHIPS 900099 2909587 2909587 PUBLICATION ADVERTISING 900099 6195 6195 MAILING LISTS & LABELS 900099 4650 4650 2920432 45629 45629 1253092 1251632 1460 1460 1460 10601093 2956676 10845 0 1336243 3437128 145458 491355 318328 11056 7759 22015 154939 253058 77494 288723 409392 104366 2132722 581 110819 44399 OTHER EXPENSES 673067 PROFESSIONAL DUES & SUB 46310 PRINTING & PRODUCTION 42079 TAXES & LICENSES 4642 10111933 915583 1079576 2249050 2447782 33247 52525 124615 213665 106112 102407 1659944 1514136 229153 145808 2574721 2782468 100273 234581 6332754 7058812 1221943 1212325 1801395 1828881 104456 0 3127794 3041206 X 3171713 3406820 33247 610786 3204960 4017606 6332754 7058812 X 489160 156024 167462 X 0 1 X 1 0 0 0 0 1730741 7759 7759 86537 -78778 662905 576778 86127 130726 97780 32946 866313 839578 26735 145808 X 11067160 156024 332058 488082 10579078 22015 22015 10601093 10421976 332058 332058 10089918 22015 22015 10111933 PART X, LINE 2: THE CHAMBER ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A MORE LIKELY THAN NOT THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER EXAMINATION BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A CUMULATIVE PROBABILITY ASSESSMENT THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. TAX POSITIONS FOR THE CHAMBER INCLUDE, BUT ARE NOT LIMITED TO, THE TAX-EXEMPT STATUS AND DETERMINATION OF WHETHER INCOME IS SUBJECT TO UNRELATED BUSINESS INCOME TAX; HOWEVER, THE CHAMBER HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. X 0 1 X X X X X 0 0 0 RALPH SCHULZ PRESIDENT 488141 0 0 0 0 0 11013 0 24363 0 523517 0 0 0 HAILEY HOVIOUS PRESIDENT,HEALTH CARE COUN 188310 0 0 0 0 0 6605 0 6141 0 201056 0 0 0 MARC HILL CHIEF POLICY OFFICER 171328 0 0 0 0 0 0 0 8478 0 179806 0 0 0 COURTNEY ROSS CHIEF ECONOMIC DEVELOPMENT 164932 0 0 0 0 0 3770 0 5138 0 173840 0 0 0 NANCY EISENBRANDT CHIEF OPERATING OFFICER 163533 0 0 0 0 0 6141 0 5166 0 174840 0 0 0 STEPHANIE COLEMAN CHIEF GROWTH OFFICER 159999 0 0 0 0 0 4750 0 9222 0 173971 0 0 0 PART I, LINE 1B THE CHAMBER DOES NOT HAVE A WRITTEN POLICY REGARDING PAYMENT OR REIMBURSEMENT; HOWEVER, IT DOES HAVE STRICT STANDARDS THAT ARE CONSISTENTLY APPLIED. HOVIOUS CONSULTING RELATIVE OF A CURRENT DIRECTOR 79016 CONSULTING FEES 0 CAPSTAR BANK EMPLOYER OF A CURRENT OFFICER 500 BOTH THE ORGANIZATION AND IT'S THE HEALTH CARE COUNCIL HAVE FUNDS ON DEPOSIT AT CAPSTAR BANK. THE ORGANIZATION ENTERED INTO ONE TRANSACTION WITH CAPSTAR BANK DURING THE FISCAL YEAR THAT RESULTED IN APPROXIMATELY $500 IN INTEREST PAYMENTS RELATED TO A LINE OF CREDIT. THIS LINE OF CREDIT HAD A -0- BALANCE AT 6/30/18. 0 PINNACLE BANK A CURRENT DIRECTOR IS THE BOARD CHAIR 250000 THE HEALTH CARE COUNCIL OF THE ORGANIZATION HAS FUNDS ON DEPOSIT AT PINNACLE BANK 0 FIRST TENNESSEE BANK EMPLOYER OF A CURRENT DIRECTOR 250000 THE HEALTH CARE COUNCIL OF THE ORGANIZATION HAS FUNDS ON DEPOSIT AT FIRST TENNESSEE BANK 0 X 2 10000 FMV X PRINTING 4 24972 FMV X TRANSIT AIDS 2 12000 FMV X CEO DINNER 1 5000 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE NASHVILLE AREA CHAMBER OF COMMERCE PROMISES CONFIDENTIALITY TO INVESTORS UNLESS THEY SPECIFICALLY WAIVE THAT PROMISE. THEREFORE, FOR BOARD REVIEW PURPOSES, SCHEDULE B DOES NOT SPECIFY NAMES OF CONTRIBUTORS. ALL OTHER DOCUMENTS PERTAINING TO THE FORM 990 HAVE BEEN PROVIDED TO THE FINANCE AND ACCOUNTING COMMITTEE, AND TO ANY BOARD MEMBERS UPON REQUEST FOR THEIR REVIEW, PRIOR TO FILING. THE FINANCE AND AUDIT COMMITTEE ANALYZES, REVIEWS, AND ASKS QUESTIONS OF MANAGEMENT AND/OR THE TAX PREPARER BEFORE PROVIDING FINAL APPROVAL OF THE 990. FORM 990, PART VI, SECTION B, LINE 12C AN ANNUAL DISCLOSURE STATEMENT IS REQUIRED BY EACH PERSON AND CONFLICTS ARE HANDLED ON A CASE BY CASE BASIS. NOTES ARE MADE FOR ANY FUTURE VOTES REGARDING ABSTENTION BY THE DIRECTOR IF SUCH CONFLICT EXISTS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION STUDIES ARE DONE PERIODICALLY FOR THE CHAMBER AND EXECUTIVE STAFF. THE LAST ONE WAS DONE IN APRIL 2017, WHICH IS DONE BY AN INDEPENDENT THIRD PARTY CONSULTANT, USING LIKE BUSINESSES AND INDUSTRY TRENDS. FORM 990, PART VI, SECTION C, LINE 19 THEY ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: PRIOR PERIOD ADJUSTMENT - CASH SURRENDER VALUE OF LIFE INSURANCE 167,462. THE NASHVILLE CHAMBER PUBLIC BENEFIT FDN 211 COMMERCE STREET STE 100 NASHVILLE TN 37201 621413808 COMMUNITY INITIATIVES SUCH AS PUBLIC EDUCATION, POVERTY AND HOMELESSNESS TN 501(C)(3) N/A N/A 0 PRESERVING OUR COMMUNITY'S FUTURE 211 COMMERCE STREET STE 100 NASHVILLE TN 37201 474196063 ADVOCATE AND SUPPORT BUSINESS FRIENDLY POLICY TN 501(C)(4) N/A N/A 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 THE NASHVILLE CHAMBER PUBLIC BENEFIT FDN B 426489 ACTUAL EXPENSES INCURRED THE NASHVILLE CHAMBER PUBLIC BENEFIT FDN O 59755 ALLOCATION THE NASHVILLE CHAMBER PUBLIC BENEFIT FDN J 23092 ALLOCATION THE NASHVILLE CHAMBER PUBLIC BENEFIT FDN N 4461 ALLOCATION THE NASHVILLE CHAMBER PUBLIC BENEFIT FDN Q 1310 ALLOCATION