2019-10-31T10:17:49-05:00 2018-12-31 161131146 BONADIO & CO LLP 171 SULLYS TRAIL PITTSFORD NY 14534 990 2018-01-01 510439860 GREATER ROCHESTER CHAMBER OF COMMERCE INC GREA 5852441800 150 STATE STREET ROCHESTER NY 14614 ROBERT LEMEN CFO 5852441800 2019-10-31 1 JEFFREY PAILLE P01378272 5853811000 4.14.157.194 2019-10-31 06:51:11 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 4610AF0831E650BEB752E4B7BCF6D1C1706143EE 2018 2019-02-21 02:37:17Z ROBERT LEMEN 150 STATE STREET ROCHESTER NY 14614 3918533 0 X WWW.GREATERROCHESTERCHAMBER.COM X 2003 NY GREATER ROCHESTER CHAMBER OF COMMERCE, INC. (GRCC) IS A NEW YORK NOT-FOR-PROFIT MEMBERSHIP CORPORATION ORGANIZED TO PASSIONATELY SERVE, PROMOTE, AND ADVOCATE FOR ITS MEMBERS IN ORDER TO SECURE THE ECONOMIC PROSPERITY FOR THE FINGER LAKES REGION. 55 55 53 51 0 14276 1855815 1953924 862977 1300100 154396 112160 0 0 2873188 3366184 0 0 0 0 1887507 1920553 0 0 0 1255715 1536850 3143222 3457403 -270034 -91219 7236140 7594570 4777098 4866774 2459042 2727796 X GRCC PASSIONATELY SERVES, PROMOTES, AND ADVOCATES FOR ITS NEARLY 1,300 MEMBERS IN ORDER TO BRING ECONOMIC PROSPERITY TO THE NINE-COUNTY FINGER LAKES REGION OF NEW YORK STATE. WITH A FOCUS ON BUSINESS GROWTH AND JOB CREATION, GRCC OFFERS SERVICES INCLUDING REGULATORY ADVOCACY, NETWORKING OPPORTUNITIES AND EVENTS, MAKING DIRECT BUSINESS-TO-BUSINESS CONNECTIONS, PROFESSIONAL DEVELOPMENT TRAINING AND EVENTS, HUMAN RESOURCE SERVICES, AND START-UP AND SMALL BUSINESS RESOURCES. GREATER ROCHESTER CHAMBER OF COMMERCE ALSO WORKS CLOSELY WITH THE UNITED WAY OF GREATER ROCHESTER ON ITS ROCHESTER-MONROE ANTI-POVERTY INITIATIVE TO ENCOURAGE WORKFORCE DEVELOPMENT AND CONNECT WORKERS WITH JOBS. GRCC IS A ONE-STOP CONNECTION FOR MEMBERS TO CRITICAL BUSINESS SERVICES AND ACCESS TO THE EXPERTISE AND PEOPLE THAT COMPANIES NEED TO SUCCEED. GRCC STANDS WITH AND FOR ITS MEMBERS IN BRINGING GROWTH, PROSPERITY, AND JOBS TO UPSTATE NEW YORK AND THE FINGER LAKES REGION. 0 0 GRCC ASSISTS ITS MEMBERS BY PROVIDING TRAINING IN BUSINESS METHODS AND NETWORKING EVENTS. APPROXIMATELY 1,238 MEMBERS SERVED IN 2018. 0 0 0 1 0 0 0 1 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 1 1 0 0 1 41 0 1 53 1 1 1 0 0 0 0 0 0 0 X 55 55 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X ROBERT LEMEN 5852441800 150 STATE STREET ROCHESTER NY 14614 ROBERT S SANDS CHAIRMAN 1.00 1.00 X X 0 0 0 JOHN M PITTON VICE CHAIR 1.00 1.00 X X 0 0 0 BRIAN G FLANAGAN 2ND VICE CHAIR 1.00 1.00 X X 0 0 0 MATTHEW AUGUSTINE BOARD MEMBER 1.00 1.00 X 0 0 0 ERIC BIEBER BOARD MEMBER 1.00 1.00 X 0 0 0 DAVID J BEINETTI BOARD MEMBER 1.00 1.00 X 0 0 0 MARTIN K BIRMINGHAM BOARD MEMBER 1.00 1.00 X 0 0 0 CHRISTOPHER BOOTH BOARD MEMBER 1.00 1.00 X 0 0 0 WILLIAM GOODRICH BOARD MEMBER 1.00 1.00 X 0 0 0 RAYMOND ISSAC BOARD MEMBER 1.00 1.00 X 0 0 0 TRACI ADOLPH BOARD MEMBER 1.00 1.00 X 0 0 0 LAUREN DIXON BOARD MEMBER 1.00 1.00 X 0 0 0 ANDREW R GALLINA BOARD MEMBER 1.00 1.00 X 0 0 0 JAMES E HAMMER BOARD MEMBER 1.00 1.00 X 0 0 0 MARK TAUBMAN BOARD MEMBER 1.00 1.00 X 0 0 0 BRIAN E HICKEY BOARD MEMBER 1.00 1.00 X 0 0 0 SUSAN R HOLLIDAY BOARD MEMBER 1.00 1.00 X 0 0 0 THOMAS F JUDSON JR BOARD MEMBER 1.00 1.00 X 0 0 0 RICHARD KAPLAN BOARD MEMBER 1.00 1.00 X 0 0 0 ANNE M KRESS BOARD MEMBER 1.00 1.00 X 0 0 0 MICHAEL ZIMMER BOARD MEMBER 1.00 1.00 X 0 0 0 JOHN LIDESTRI BOARD MEMBER 1.00 1.00 X 0 0 0 DANIEL R WEGMAN BOARD MEMBER 1.00 1.00 X 0 0 0 JULIE CAMARDO-STERON BOARD MEMBER 1.00 1.00 X 0 0 0 DANA A MEHNERT BOARD MEMBER 1.00 1.00 X 0 0 0 MARTIN MUCCI BOARD MEMBER 1.00 1.00 X 0 0 0 SUZANNE NASIPAK-CHAPMAN BOARD MEMBER 1.00 1.00 X 0 0 0 MICHAEL R NUCCITELLI BOARD MEMBER 1.00 1.00 X 0 0 0 JOHN PERROTTI BOARD MEMBER 1.00 1.00 X 0 0 0 ERIC G JOHNSON BOARD MEMBER 1.00 1.00 X 0 0 0 EDWARD J PETTINELLA BOARD MEMBER 1.00 1.00 X 0 0 0 DAAN BRAVEMAN BOARD MEMBER 1.00 1.00 X 0 0 0 STEPHEN LEVAN BOARD MEMBER 1.00 1.00 X 0 0 0 DEANA PORTERFIELD BOARD MEMBER 1.00 1.00 X 0 0 0 TERRY TABER BOARD MEMBER 1.00 1.00 X 0 0 0 DONNA DEDEE BOARD MEMBER 1.00 1.00 X 0 0 0 TIMOTHY G WHITE BOARD MEMBER 1.00 1.00 X 0 0 0 THOMAS C WILMOT BOARD MEMBER 1.00 1.00 X 0 0 0 BRAD MCAREAVY BOARD MEMBER 1.00 1.00 X 0 0 0 PETER ROBINSON BOARD MEMBER 1.00 1.00 X 0 0 0 STEPHANIE SEIFFERT BOARD MEMBER 1.00 1.00 X 0 0 0 KAYLEIGH STAMPFLER BOARD MEMBER 1.00 1.00 X 0 0 0 JOHN SUMMERS BOARD MEMBER 1.00 1.00 X 0 0 0 FAHEEM MASOOD BOARD MEMBER 1.00 1.00 X 0 0 0 MATTHEW HURLBUTT BOARD MEMBER 1.00 1.00 X 0 0 0 GRACE TILLINGHAST BOARD MEMBER 1.00 1.00 X 0 0 0 TYRONE REAVES BOARD MEMBER 1.00 1.00 X 0 0 0 GERARD ROONEY BOARD MEMBER 1.00 1.00 X 0 0 0 JETT MEHTA BOARD MEMBER 1.00 1.00 X 0 0 0 WILLIAM STRASSBURG BOARD MEMBER 1.00 1.00 X 0 0 0 DAVID MUNSON JR BOARD MEMBER 1.00 1.00 X 0 0 0 DONNA SHULTZ BOARD MEMBER 1.00 1.00 X 0 0 0 MATTHEW TIPPLE BOARD MEMBER 1.00 1.00 X 0 0 0 JAMES YOCKEL BOARD MEMBER 1.00 1.00 X 0 0 0 ROBERT DUFFY PRESIDENT & CEO 36.50 1.00 X 431626 0 24565 TAMMY STEFANI CHIEF FINANCIAL OFFICER (THRU 3/18) 34.00 3.50 X 24798 0 750 ROBERT LEMEN CHIEF FINANCIAL OFFICER (STARTING 4/18) 36.50 1.00 X 78304 0 1651 CHRISTOPHER S WIEST VP- PUBLIC POLICY & ADVOCA 37.50 X 130150 0 4861 DANIEL J SMITH SENIOR DIRECTOR OF COMMUNI 37.50 X 106347 0 3938 THOMAS T MOONEY FORMER CEO 0.00 X 111398 0 0 882623 0 35765 4 1 1 0 150 STATE ST REALTY LLC 259 ALEXANDER STREET ROCHESTER NY 14607 PROPERTY RENTAL 443098 1 1953924 1953924 MEETINGS AND PROGRAMS 900099 1080324 1080324 TRAINING PROGRAMS & MA 900099 219776 219776 1300100 95605 95605 568904 552349 16555 16555 16555 3366184 1300100 0 112160 366853 1120916 152635 148595 131554 36000 13019 29600 235502 2711 71570 238240 18126 651221 134662 15449 OTHER 46421 MEMBERSHIP DUES 24076 OUTSOURCING 19408 BAD DEBT EXPENSE 845 3457403 300481 57132 118947 107458 145178 1496325 1383657 251663 112668 3546602 3789635 3273285 3127661 7236140 7594570 585478 278425 659076 1052372 813149 915652 2719395 2620325 4777098 4866774 X 2459042 2727796 2459042 2727796 7236140 7594570 X -91219 -352547 712520 X 0 1 X 1 0 0 0 0 1953924 0 1 X 819328 766000 53328 676997 617657 59340 112668 INVESTMENT IN ROCHESTER INDUSTRIES PLACEMENT, INC. 2172475 FUNDS HELD FOR HEALTH INSURANCE PREMIUMS 718058 FUNDS HELD FOR OTHERS 237128 3127661 ACCRUED POSTRETIREMENT BENEFITS 598696 ACCRUED PENSION LIABILITY 677536 DEFERRED COMPENSATION 1273561 DUE TO AFFILIATE 70532 2620325 PART IV, LINE 2B: GRCC ACTS AS THE INTERMEDIARY, UNDER AGREEMENTS WITH VARIOUS INSURANCE PROVIDERS AND THE BETTER BUSINESS BUREAU, TO PROVIDE HEALTH INSURANCE FOR AREA SMALL BUSINESSES AND INDIVIDUALS. GRCC COLLECTS PREMIUMS FROM THE SUBSCRIBERS, WHICH ARE THEN REMITTED TO THIRD-PARTY INSURANCE PROVIDERS OFFERING COVERAGE TO THESE SUBSCRIBERS. GRCC RECEIVES COMMISSIONS FROM THE HEALTH INSURANCE CARRIERS BASED ON THE PREMIUMS PAID, TO OFFSET THE COSTS OF ADMINISTERING THE PROGRAM. GRCC IS ALSO A CUSTODIAN OF FUNDS FOR UNRELATED NEW YORK NOT-FOR-PROFIT ORGANIZATIONS AND OTHER VARIOUS COMMUNITY GROUPS. AT DECEMBER 31, 2017 THESE FUNDS WERE $131,670. X 1 1 X X X X X 0 0 0 ROBERT DUFFY PRESIDENT & CEO 343938 0 77500 0 10188 0 22687 0 1878 0 456191 0 0 0 THOMAS T MOONEY FORMER CEO 111398 0 0 0 0 0 0 0 0 0 111398 0 0 0 CHRISTOPHER BOOTH CURRENT BOARD MEMBER WHO IS THE CEO OF EXCELLUS 144170 COMMISSION RECEIVED FROM EXCELLUS FOR BROKERAGE OF HEALTH PLAN 0 MARTIN MUCCI CURRENT BOARD MEMBER WHO IS THE CEO OF PAYCHEX 11165 PAYROLL PROCESSING EXPENSES 0 STEPHANIE SEIFFERT CURRENT BOARD MEMBER WITH OWNERSHIP INTEREST IN NIXON PEABODY 15280 LEGAL ADVICE EXPENSES 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS WHICH ELECT THE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS A SINGLE MEMBERSHIP CLASS WITH EQUAL VOTING RIGHTS TO ELECT MEMBERS OF THE BOARD OF DIRECTORS (GOVERNING BODY). FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FINAL FORM 990 WAS PROVIDED ELECTRONICALLY TO THE FINANCE COMMITTEE PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST QUESTIONNAIRE IS DISTRIBUTED ANNUALLY TO ALL DIRECTORS AND OFFICERS SOLICITING THE DISCLOSURE OF ALL CONFLICTS OF INTEREST, INCLUDING SPECIFIC INFORMATION CONCERNING THE TERMS OF ANY CONTRACT OR TRANSACTION WITH THE CORPORATION AND WHETHER THE PROCESS FOR APPROVAL WAS USED. A DIRECTOR SHALL DISCLOSE PRIOR TO VOTING ON OR OTHERWISE DISCHARGING HIS/HER DUTIES WITH RESPECT TO ANY MATTER INVOLVING THE CONFLICT WHICH COMES BEFORE THE BOARD. THE BOARD SHALL APPROVE ONLY THOSE CONTRACTS OR TRANSACTIONS IN WHICH THE TERMS ARE FAIR AND REASONABLE TO THE CORPORATION AND THE ARRANGEMENTS ARE CONSISTENT WITH THE BEST INTERESTS OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION'S EXECUTIVE COMMITTEE REVIEWS THE CEO'S COMPENSATION PACKAGE ANNUALLY WHICH WAS LAST COMPLETED IN FEBRUARY 2018. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN FUNDED STATUS OF PENSION PLAN -84,627. EQUITY IN GAIN OF ROCHESTER INDUSTRIES PLACEMENT, INC. -238,668. OTHER -57,760. CHANGE IN FUNDED STATUS OF POSTRETIREMENT BENEFIT PLAN 100,910. CHANGE IN DEFERRED COMPENSATION PLAN 122,427. DIVIDENDS RECEIVED 873,236. PROVISION FOR INCOME TAXES -2,998. ROCHESTER INDUSTRIES EDUCATIONAL FUND INC 150 STATE STREET ROCHESTER NY 14614 161104636 PROVIDES CAREER EDUCATION AND TRAINING. NY 501(C)(3) 7 GREATER ROCHESTER CHAMBER OF COMMERCEINC 1 ROCHESTER INDUSTRIES PLACEMENT INC 150 STATE STREET ROCHESTER NY 14614 161209415 EMPLOYMENT SERVICES NY N/A C -238668 2588492 1.00000 1 0 0 0 0 0 1 0 0 0 1 0 0 1 1 1 1 1 0 0 ROCHESTER INDUSTRIES PLACEMENT F 873236 FAIR VALUE