2019-07-15T09:56:10-05:00 2018-10-31 431490039 MARR AND COMPANY PC 1401 EAST 104TH STREET SUITE 100 KANSAS CITY MO 64131 990 2017-11-01 440196840 CHAMBER OF COMMERCE OF GREATER KANSAS CITY CHAM 8162212424 30 W PERSHING RD SUITE 301 KANSAS CITY MO 641082423 JOE REARDON PRESIDENT & CEO 8162212424 2019-05-30 1 JASON D LOUK P00541486 8163638700 2019-05-30 173.197.47.195 2019-05-30 16:14:14 CD P BE7341551F70E2C61FA4A0609ED5FCBC9652DC77 BE7341551F70E2C61FA4A0609ED5FCBC9652DC77 2017 2019-02-21 02:37:17Z JOE REARDON 30 W PERSHING RD SUITE 301 KANSAS CITY MO 641082423 5810579 0 X KCCHAMBER.COM X 1909 MO PROVIDE LEADERSHIP TO HELP BUSINESS GROW AND KANSAS CITY PROSPER - MAKING KC THE BEST PLACE TO LIVE, WORK, START AND GROW A BUSINESS. ASSIST OUR MEMBERS IN BECOMING SMARTER, MORE VISIBLE, AND BETTER CONNECTED. 71 71 37 110 150293 0 1793596 4203 2876239 5517972 72101 40624 731165 150293 5473101 5713092 0 0 0 0 2795826 2956892 0 0 0 2767327 2825536 5563153 5782428 -90052 -69336 1938711 2217482 886443 2014563 1052268 202919 X LEADING THE WAY TO THE BEST KC REGION. 0 0 553035 888362 ANNUAL DINNERTHE COMMUNICATIONS AND MEDIA RELATIONS DEPARTMENT PROVIDES THE MEMBERSHIP, EACH YEAR AT THE ANNUAL CHAMBER DINNER MEETING, THE OPPORTUNITY TO BE "MORE VISIBLE, BETTER CONNECTED, AND SMARTER," BY ATTENDING THIS PREMIER BUSINESS DINNER WITH BUSINESS LEADERS AND ELECTED OFFICIALS. MEMBERS ARE UPDATED ON THE CHAMBER'S ACCOMPLISHMENTS OF THE PREVIOUS YEAR AND THE ORGANIZATION'S PLANS FOR THE UPCOMING YEAR. THE PAST AND INCOMING BOARD CHAIRS SHARE REMARKS ABOUT PAST ACCOMPLISHMENTS AND PLANS FOR THE FUTURE. IN ADDITION, THE CHAMBER PRESENTS THE ANNUAL KANSAS CITIAN OF THE YEAR AWARD. 853969 689608 GOVERNMENT AFFAIRSTHE KC CHAMBER GOVERNMENT AFFAIRS DEPARTMENT PROVIDES OPPORTUNITIES FOR MEMBER BUSINESSES TO BE "BETTER CONNECTED AND "MORE VISIBLE" WITH REGIONAL ELECTED OFFICIALS AT ALL LEVELS OF GOVERNMENT. THIS IS ACCOMPLISHED THROUGH VARIOUS COMMITTEES THAT DEVELOP AGENDAS DESIGNED TO CONVEY TO ELECTED OFFICIALS THE LEGISLATIVE NEEDS OF REGIONAL BUSINESSES. EACH YEAR A LEGISLATIVE AGENDA IS DEVELOPED AND RATIFIED BY THE BOARD OF DIRECTORS. 2059105 3940002 OTHERTHE PROGRAMS AND MEMBERSHIP DEPARTMENTS PROVIDE PROGRAMS AND EVENTS FOR MEMBERS TO BECOME "MORE VISIBLE AND BETTER CONNECTED" THROUGH THE ANNUAL FIVE-MONTH SMALL BUSINESS CELEBRATION, WHICH RECOGNIZES THE IMPACT OF SMALL BUSINESSES ON THE ECONOMIC FABRIC AND WORK FORCE DEVELOPMENT THROUGHOUT THE REGION. WITH PROGRAMS, SUCH AS THE CHAMBER'S ECONOMIC FORECAST, BUSINESS CLASS, DIVERSITY BUSINESS CONNECTIONS, AND INNOVATION CONFERENCE, MEMBERS "GET SMARTER" THROUGH THESE SERIES OF SEMINARS AND CLASSES ON BEST PRACTICES AND CURRENT ECONOMIC AND BUSINESS CONDITIONS REGIONALLY, WHILE EXPLORING BUSINESS OPPORTUNITIES INTERNATIONALLY. TO ENSURE MEMBER BUSINESSES AND THEIR EMPLOYEES HAVE CHANCES TO BE "BETTER CONNECTED", SHARING IDEAS AND GENERATING NEW BUSINESS, THE CHAMBER OFFERS PROGRAMS LIKE FACE2FACE, GENKC, SUPERINTENDENTS' FORUM, MORNING SCHMOOZE, AND CHAMBER CHAMPIONS. 3466109 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 43 0 1 37 1 1 1 0 0 0 0 0 X 71 71 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MO X X DAN COSGROVE - SR VP CAO 8162212424 30 W PERSHING RD SUITE 301 KANSAS CITY MO 641082423 MATTHEW CONDON CHAIRMAN 10.00 X 0 0 0 MICHAEL HAGEDORN CHAIR-ELECT 10.00 X 0 0 0 GORDON LANSFORD III VICE CHAIRMAN 10.00 X 0 0 0 CAROLYN WATLEY TREASURER 10.00 1.00 X 0 0 0 KAREN DANIEL IMMEDIATE PAST CHAIRMAN 10.00 X 0 0 0 DAVID ALVEY DIRECTOR 1.00 X 0 0 0 WHITNEY BARTELLI DIRECTOR 1.00 X 0 0 0 KEVIN BARTH DIRECTOR 1.00 X 0 0 0 KIMBERLY BEATTY DIRECTOR 1.00 X 0 0 0 TONY BERG DIRECTOR 1.00 X 0 0 0 ADAM BLAKE DIRECTOR 1.00 X 0 0 0 BRENT BLOSS DIRECTOR 1.00 X 0 0 0 DOUG BOESSEN DIRECTOR 1.00 X 0 0 0 TONY BOWEN DIRECTOR 1.00 X 0 0 0 JEAN PAUL BRADSHAW II DIRECTOR 1.00 X 0 0 0 PERRY BRANDT DIRECTOR 1.00 X 0 0 0 KIRBY BROWN DIRECTOR 1.00 X 0 0 0 CHUCK CAISLEY DIRECTOR 1.00 X 0 0 0 KELLY CARNAGO DIRECTOR 1.00 X 0 0 0 RAMIN CHERAFAT DIRECTOR 1.00 X 0 0 0 MICHAEL COPELAND DIRECTOR 1.00 X 0 0 0 SCOTT COUP DIRECTOR 1.00 X 0 0 0 REV THOMAS B CURRAN SJ DIRECTOR 1.00 X 0 0 0 MIKE DALEY DIRECTOR 1.00 X 0 0 0 JACKIE DESOUZA-VAN BLARICUM DIRECTOR 1.00 X 0 0 0 STEVE DOYAL DIRECTOR 1.00 X 0 0 0 THE HONORABLE PEGGY DUNN DIRECTOR 1.00 X 0 0 0 THE HONORABLE ED EILERT DIRECTOR 1.00 X 0 0 0 WARREN K ERDMAN DIRECTOR 1.00 X 0 0 0 MARK GARRETT DIRECTOR 1.00 1.00 X 0 0 0 BILL GAUTREAUX DIRECTOR 1.00 X 0 0 0 LISA GINTER DIRECTOR 1.00 X 0 0 0 DR DOUGLAS GIROD DIRECTOR 1.00 X 0 0 0 WENDY GUILLIES DIRECTOR 1.00 X 0 0 0 DR MARC HAHN DIRECTOR 1.00 X 0 0 0 DAVID HARRISON DIRECTOR 1.00 X 0 0 0 KARA HENDON DIRECTOR 1.00 X 0 0 0 MARK D HINDERKS DIRECTOR 1.00 X 0 0 0 JAY HUMMEL DIRECTOR 1.00 X 0 0 0 HEATHER A HUMPHREY DIRECTOR 1.00 X 0 0 0 THE HONORABLE SYLVESTER JAMES JR DIRECTOR 1.00 X 0 0 0 JANI JOHNSON DIRECTOR 1.00 X 0 0 0 CRAIG KUCKELMAN DIRECTOR 1.00 X 0 0 0 MARK R LARRABEE DIRECTOR 1.00 X 0 0 0 ELIZABETH MACLEOD WALLS DIRECTOR 1.00 X 0 0 0 DR BRIDGET MCCANDLESS DIRECTOR 1.00 X 0 0 0 MADELEINE MCDONOUGH DIRECTOR 1.00 X 0 0 0 STEVE A MCDOWELL DIRECTOR 1.00 X 0 0 0 KATE MCKINNEY DIRECTOR 1.00 X 0 0 0 CLYDE MCQUEEN DIRECTOR 1.00 X 0 0 0 TIM MEACHAM DIRECTOR 1.00 X 0 0 0 CHRIS MIGNERON DIRECTOR 1.00 X 0 0 0 IKE NWABUONWU DIRECTOR 1.00 X 0 0 0 NATHAN ORR ESQ DIRECTOR 1.00 X 0 0 0 ROSHANN S PARRIS DIRECTOR 1.00 X 0 0 0 TIM PETTY DIRECTOR 1.00 X 0 0 0 STACIE PROSSER DIRECTOR 1.00 X 0 0 0 JOE REARDON DIRECTOR 1.00 X 0 0 0 TROY M SCHULTE DIRECTOR 1.00 X 0 0 0 BRENDA R SHARPE DIRECTOR 1.00 X 0 0 0 CHARLIE SHIELDS DIRECTOR 1.00 X 0 0 0 CHASE SIMMONS DIRECTOR 1.00 X 0 0 0 JEFFREY J SIMON DIRECTOR 1.00 X 0 0 0 BRAD SPRONG DIRECTOR 1.00 X 0 0 0 MIKE TALBOY DIRECTOR 1.00 X 0 0 0 MICHAEL A VIAZZOLI DIRECTOR 1.00 X 0 0 0 SHALEA WALTER DIRECTOR 1.00 X 0 0 0 EILEEN WEIR DIRECTOR 1.00 X 0 0 0 FRANK WHITE JR DIRECTOR 1.00 X 0 0 0 DANETTE WILSON DIRECTOR 1.00 X 0 0 0 CHRIS WILSON DIRECTOR 1.00 X 0 0 0 JOE REARDON PRESIDENT & CEO 40.00 1.00 X 367488 0 41033 DANIEL COSGROVE SR VP & CAO 40.00 X 110733 0 8850 KRISTINA SMITH WYATT SR VP PUBLIC POLICY & PROG 40.00 X 216500 0 14825 CATHLEEN BENNETT SR VP PUBLIC POLICY 40.00 X 151107 0 12870 SCOTT HALL SR VP CIVIC & COMMUNITY IN 40.00 X 151351 0 12870 997179 0 90448 5 0 1 0 0 4203 4203 4203 PROGRAM AND EVENTS INC 900099 3042572 3042572 MEMBERSHIP DUES 900099 1818810 1818810 SPONSORSHIPS 900099 656590 656590 5517972 32483 32483 105628 97487 8141 8141 8141 CHAMBER MANAGEMENT SER 900003 150293 150293 150293 5713092 5517972 150293 40624 965005 1589590 31956 193792 176549 59545 18912 5794 62463 53930 114210 536577 24733 11063 50111 26454 PROGRAM EXPENSES 1613696 ORGANIZATIONAL DEVELOPM 73103 ADMINISTRATIVE EXPENSES 57450 BANK CHARGES 45173 72322 5782428 66462 236777 729594 875936 66952 23487 154375 186050 1209104 974750 194003 234354 727325 660878 1938711 2217482 418613 574663 245209 1230835 222621 209065 886443 2014563 X 1052268 202919 1052268 202919 1938711 2217482 X -69336 -24666 -755346 -1 X 0 1 X 1 0 0 0 1 1818810 363987 7537 371524 363762 7762 328309 170185 158124 880795 804565 76230 234354 ACCRUED STRAIGHT LINE RENTS 209065 209065 X 6325234 -24666 642602 617936 5707298 5794 5794 5713092 6368245 591611 591611 5776634 5794 5794 5782428 PART X, LINE 2: THE CHAMBER IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION HAS BEEN CLASSIFIED AS A PUBLICLY-SUPPORTED ENTITY, WHICH IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE CHAMBER AND THE FOUNDATION HAVE ADOPTED THE PROVISIONS OF THE FASB ASC 740-10 AS IT MIGHT APPLY TO THEIR FINANCIAL TRANSACTIONS. UNRELATED BUSINESS INCOME, PRIMARY CONSISTING OF ADVERTISING AND AFFINITY PROGRAM REVENUE IS RECORDED THROUGH CMS. THE CHAMBER FOLLOWS GAAP RELATED TO UNCERTAIN TAX PROVISIONS. THE CHAMBER'S ACCOUNTING POLICY IS TO PROVIDE LIABILITIES FOR UNCERTAIN INCOME TAX PROVISIONS WHEN A LIABILITY IS PROBABLE AND ESTIMABLE. MANAGEMENT IS NOT AWARE OF ANY VIOLATION OF ITS TAX STATUS AS AN ORGANIZATION EXEMPT FROM INCOME TAXES. CMS HAS A NET OPERATING LOSS CARRYOVER OF $523,399 AVAILABLE TO OFFSET FUTURE TAXABLE INCOME. MANAGEMENT HAS ESTABLISHED A 100% VALUATION ALLOWANCE AGAINST THE ASSOCIATED DEFERRED TAX ASSET, AS REALIZATION IS UNLIKELY. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUES FROM CONSOLIDATED FS REPORTED ON CCGKC FOUNDATION 990 642,602. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES - NET INVESTMENT INCOME 5,794. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FROM CONSOLIDATED FS REPORTED ON CCGKC FOUNDATION 990 591,611. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES - NET INVESTMENT INCOME 5,794. 1 X X X X X 0 0 0 JOE REARDON PRESIDENT & CEO 274400 0 75000 0 18088 0 7950 0 33083 0 408521 0 0 0 KRISTINA SMITH WYATT SR VP PUBLIC POLICY & PROG 176500 0 40000 0 0 0 6515 0 8310 0 231325 0 0 0 CATHLEEN BENNETT SR VP PUBLIC POLICY 134107 0 17000 0 0 0 4560 0 8310 0 163977 0 0 0 SCOTT HALL SR VP CIVIC & COMMUNITY IN 134351 0 17000 0 0 0 4560 0 8310 0 164221 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 BRENT BLOSS AND MIKE DALEY SERVE AS CFO AND ACCOUNTING OFFICER, RESPECTIVELY, FOR WADDELL & REED FINANCIAL, INC. CHUCK CAISLEY AND HEATHER HUMPHREY SERVE AS VP OF MARKETING & PUBLIC AFFAIRS AND GENERAL COUNSEL & SVP, RESPECTIVELY, FOR KCP&L THE HONORABLE SYLVESTER JAMES, JR. AND TROY SCHULTE SERVE AS MAYOR AND CITY MANAGER, RESPECTIVELY, FOR THE CITY OF KANSAS CITY, MISSOURI MARK LARRABEE AND SHALEA WALTER SERVE AS PRESIDENT & CEO AND MARKETING OFFICER, RESPECTIVELY, FOR ARVEST BANK FORM 990, PART VI, SECTION B, LINE 11B ANNUALLY, THE BOARD'S FINANCE & AUDIT COMMITTEE DIRECTS AN AUDIT BE CONDUCTED. THE AUDIT FIRM THEN PRESENTS THE AUDIT REPORT AND FINDINGS TO THE FINANCE & AUDIT COMMITTEE. THE COMMITTEE REVIEWS THE AUDIT REPORT AND RECOMMENDS FORWARDING THE AUDIT REPORT TO THE BOARD'S EXECUTIVE COMMITTEE FOR REVIEW AND APPROVAL. THE BOARD CHAIRMAN SENDS COPIES OF THE ANNUAL AUDIT REPORT TO EACH EXECUTIVE COMMITTEE DIRECTOR AND ENCOURAGES EACH TO REVIEW THE AUDIT REPORT PRIOR TO ITS NEXT MONTHLY MEETING. THE BOARD TREASURER, WHO IS THE CHAIRMAN OF THE FINANCE & AUDIT COMMITTEE, MAKES THE PRESENTATION AT THE FOLLOWING MONTHLY EXECUTIVE COMMITTEE MEETING. THE EXECUTIVE COMMITTEE, AFTER REVIEW, APPROVES THE AUDIT REPORT AND RECOMMENDS THE DOCUMENTS BE FORWARDED TO THE BOARD FOR REVIEW AND FINAL APPROVAL. THE INDEPENDENT AUDIT FIRM, UPON COMPLETION OF THE AUDIT, PREPARES THE FORMS 990 AND 990-T. A REVIEW OF THESE FORMS IS CONDUCTED BY THE FINANCE & AUDIT COMMITTEE AS WELL AS THE OFFICERS. FORMS 990 AND 990-T ARE MADE AVAILABLE FOR REVIEW BY ANY BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST STATEMENTS ARE COMPLETED AND SIGNED BY ALL BOARD MEMBERS AND KEY EMPLOYEES ANNUALLY AND IMMEDIATELY BY REPLACEMENT BOARD MEMBERS AND KEY EMPLOYEES UPON TAKING A NEW POSITION. THE CONFLICT OF INTEREST STATEMENT HAS A CODE OF ETHICS SECTION BY WHICH EACH BOARD MEMBER AND KEY EMPLOYEE MUST ADHERE TO AND SIGN TO CONFIRM ACCEPTANCE. WITHIN THE CONFLICT OF INTEREST POLICY ARE SECTIONS THAT ADDRESS FIDUCIARY RESPONSIBILITIES/DISCLOSURE, DEFINITION OF CONFLICT OF INTEREST AND RESTRAINT ON VOTING. THE CHAIRMAN ADVISES THE BOARD OF THE NEED TO DECLARE CONFLICTS OF INTEREST THROUGHOUT THE YEAR. DIRECTORS WITH A CONFLICT OF INTEREST ANNOUNCE, PRIOR TO A VOTE, THAT THEY WILL ABSTAIN FROM VOTING AND STATE THE REASON. THE BOARD AND EXECUTIVE COMMITTEE MINUTES DOCUMENT WHICH DIRECTORS ABSTAINED DUE TO A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT/CEO'S SALARY AND COMPENSATION PACKAGE IS SET BY THE BOARD'S GOALS & COMPENSATION COMMITTEE IN ACCORDANCE WITH THE BOARD'S BYLAWS. THE COMMITTEE USES AN INDEPENDENT CONTRACTOR TO CONDUCT AN EXTENSIVE REVIEW OF CURRENT CHAMBERS OF COMMERCE PRESIDENTS/CEOS OF SIMILAR SIZE AND FOCUS IN THE UNITED STATES AS WELL AS NON-FOR-PROFIT ORGANIZATIONS OF SIMILAR SIZE, BUDGET, ETC. WITHIN THE REGION. FOLLOWING THE REVIEW, THE CONTRACTED MAKES A RECOMMENDATION AND THE GOALS AND COMPENSATION COMMITTEE ESTABLISHES THE SALARY AND COMPENSATION PACKAGE. A SIMILAR PROCESS - TO THAT USED FOR THE TOP MANAGEMENT OFFICIAL'S COMPENSATION - IS CONDUCTED BY THE CHAMBER FOR EACH VICE PRESIDENT'S SALARY AND COMPENSATION PACKAGE AND IS DETERMINED BY THE PRESIDENT/CEO BASED ON THE INFORMATION AND ANALYSIS. THE VICE PRESIDENTS RECEIVE BENEFITS AVAILABLE TO ALL STAFF MEMBERS. THE GOALS & COMPENSATION COMMITTEE ESTABLISHES CORPORATE GOALS AT THE BEGINNING OF THE FISCAL YEAR AND DETERMINES INCENTIVE PAYMENTS TO EXECUTIVE OFFICERS AND STAFF MEMBERS BASED ON PERFORMANCE. THE PRESIDENT/CEO REVIEWS EXECUTIVE OFFICER COMPENSATION WITH THE GOALS & COMPENSATION COMMITTEE AND THE COMMITTEE DETERMINES IF A PAY INCREASE WILL BE SET FOR THE FOLLOWING YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORMS 990 AND 990-T ARE AVAILABLE UPON REQUEST AND FORM 990 CAN BE FOUND ON GUIDESTAR.ORG AFTER FILING WITH THE IRS IS COMPLETED. FORM 990, PG 6, PART VI, SECTION B, LN 11B: CHAMBER MANAGEMENT SERVICES, LLC IS GOVERNED BY A BOARD OF MANAGERS WHICH CONSISTS EXCLUSIVELY OF CCGKC BOARD MEMBERS, THEREFORE, THE REVIEW PROCESS OF THE 990 FOR THE SOLE MEMBER APPLIES TO THE DISREGARDED ENTITY. FORM 990, PG 6, PART VI, SECTION B, LN 12C: THE ORGANIZATION'S WRITTEN CONFLICT OF INTEREST POLICY DOES NOT APPLY TO THE DISREGARDED ENTITY FORM 990, PG 6, PART VI, SECTION B, LN 13: THE ORGANIZATION'S WRITTEN WHISTLEBLOWER POLICY DOES NOT APPLY TO THE DISREGARDED ENTITY FORM 990, PG 6, PART VI, SECTION B, LN 14: THE ORGANIZATION'S WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY DOES NOT APPLY TO THE DISREGARDED ENTITY FORM 990, PG 6, PART VI, SECTION B, LN 15A & 15B: THE ORGANIZATION'S DISREGARDED ENTITY DOES NOT HAVE EMPLOYEES SO THE REVIEW FOR DETERMINING COMPENSATION DOES NOT APPLY FORM 990, PART XI, LINE 9: ROUNDING -1. CHAMBER MANAGEMENT SERVICES LLC 30 W PERSHING RD SUITE 301 KANSAS CITY MO 641082423 431831258 MO 27160 0 THE CHAMBER OF COMMERCE OF GKC FOUNDATION 30 W PERSHING RD SUITE 301 KANSAS CITY MO 641082423 461163376 SUPPORT CHARITABLE INITIATIVES OF THE CHAMBER OF COMMERCE MO 501(C)(3) LINE 11 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 CHAMBER OF COMMERCE OF GKC FOUNDATION O 127720 ALLOCATED BASED ON HOURS WORKED CHAMBER OF COMMERCE OF GKC FOUNDATION Q 145180 CASH TRANSFER CHAMBER OF COMMERCE OF GKC FOUNDATION S 361803 CASH TRANSFER