2018-05-11T10:46:21-05:00 2017-12-31 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2017-01-01 410414520 MINNEAPOLIS REGIONAL CHAMBER OF COMMERCE MINN 6123709141 81 SOUTH NINTH STREET NO 200 MINNEAPOLIS MN 55402 JONATHAN WEINHAGEN PRESIDENT & CEO 6123709141 2018-05-03 1 JOHN TAUER P00294068 6123764500 2017 2022-09-23 18:48:47Z JONATHAN WEINHAGEN 81 SOUTH NINTH STREET NO 200 MINNEAPOLIS MN 55402 2350235 0 X WWW.MINNEAPOLISCHAMBER.ORG X 1881 MN TO ENHANCE THE QUALITY OF LIFE AND LEADERSHIP SKILLS IN THE MINNEAPOLIS AND ST. PAUL AREAS. 52 52 20 150 25151 7295 67688 86306 2106789 2023354 8704 -1089 47097 59769 2230278 2168340 53594 48141 0 0 1034982 978491 0 0 0 1226652 1070272 2315228 2096904 -84950 71436 873986 968633 585921 609132 288065 359501 X CREATING POWERFUL ADVOCACY TO ENHANCE ECONOMIC VITALITY IN THE MINNEAPOLIS-ST. PAUL REGION. 0 0 MRCC ORGANIZED AND LED A DELEGATION OF 90 COMMUNITY, GOVERNMENT, AND BUSINESS LEADERS TO SAN FRANCISCO, CA FOR AN INTER-CITY LEADERSHIP VISIT, IN WHICH THE LEADERS TOURED THE CITY, MET WITH THEIR COUNTER-PARTS AND HEARD PRESENTATIONS ON SAN FRANCISCO'S ECONOMIC GROWTH STRATEGIES, AMENITIES AND ATTRACTIONS. THE KEYSTONE PROGRAM RECOGNIZES AND HONORS COMPANIES THAT DONATE AT LEAST 2% OF THEIR PRE-TAX EARNINGS TO THE COMMUNITY. OVER 30 YEARS AGO, 23 MINNESOTA COMPANIES CREATED THIS PROGRAM (ORIGINALLY KNOWN AS "THE 5% CLUB") TO RECOGNIZE AND ENCOURAGE CHARITABLE GIVING AND TO SET AN EXAMPLE FOR THEIR BUSINESS COLLEAGUES. KEYSTONE CELEBRATED ITS 41ST YEAR AND ENROLLED OVER 180 MEMBERS IN 2017. MORE THAN 450 INDIVIDUALS ATTENDED THE EVENT IN DECEMBER. NORTHEAST PARADE STARTED IN 1929 AS A STREET CAR PARADE AND CELEBRATED ITS 88TH YEAR FOR THE PARADE IN 2017 WITH APPROXIMATELY 120 ENTRANTS, 120 VOLUNTEERS AND OVER 8,000 PEOPLE IN ATTENDANCE. 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 50 0 20 0 1 1 0 0 0 0 0 X 52 52 0 0 0 0 1 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 X X RENAE BUGNI 6123709141 81 S NINTH STREET 200 MINNEAPOLIS MN 55402 TED JOHNSON CHAIR 2.00 0.10 X X 0 0 0 PATRICIA GRAZZINI TREASURER 2.00 0.10 X X 0 0 0 ERIC ANDERSON BOARD MEMBER 0.50 0.10 X 0 0 0 TODD ANLAUF BOARD MEMBER 0.50 0.10 X 0 0 0 LESTER BAGLEY BOARD MEMBER 0.50 0.10 X 0 0 0 CHANDA SMITH BAKER BOARD MEMBER 0.50 0.10 X 0 0 0 MICHAEL BELAEN BOARD MEMBER 0.50 0.10 X 0 0 0 RANDY BOUSHEK BOARD MEMBER 0.50 0.10 X 0 0 0 STEVE BURK BOARD MEMBER 0.50 0.10 X 0 0 0 JAY COWLES BOARD MEMBER 0.50 0.10 X 0 0 0 STEVE CRAMER BOARD MEMBER 0.50 0.10 X 0 0 0 LYNNETTE SLATER CRANDALL BOARD MEMBER 0.50 0.10 X 0 0 0 JEFF DAVIDMAN BOARD MEMBER 0.50 0.10 X 0 0 0 KAREN DODSON BOARD MEMBER 0.50 0.10 X 0 0 0 KIP ELLIOTT BOARD MEMBER 0.50 0.10 X 0 0 0 SHELLY ELMORE BOARD MEMBER 0.50 0.10 X 0 0 0 CHRISTOPHER FERGUSON BOARD MEMBER 0.50 0.10 X 0 0 0 PAUL FLOOD BOARD MEMBER 0.50 0.10 X 0 0 0 TOM GERSTER BOARD MEMBER 0.50 0.10 X 0 0 0 DAVID HAKENSEN BOARD MEMBER 0.50 0.10 X 0 0 0 MORTEN HANSEN BOARD MEMBER 0.50 0.10 X 0 0 0 BRETT HANSON BOARD MEMBER 0.50 0.10 X 0 0 0 BLAKE HASTINGS BOARD MEMBER 0.50 0.10 X 0 0 0 CORY HOEPPNER BOARD MEMBER 0.50 0.10 X 0 0 0 CHRIS HOFSTAD BOARD MEMBER 0.50 0.10 X 0 0 0 RHONDA HONG BOARD MEMBER 0.50 0.10 X 0 0 0 KALYN HOVE BOARD MEMBER 0.50 0.10 X 0 0 0 MATT JOHNSON BOARD MEMBER 0.50 0.10 X 0 0 0 TOM KARLEBO BOARD MEMBER 0.50 0.10 X 0 0 0 MICHAEL KLINGENSMITH BOARD MEMBER 0.50 0.10 X 0 0 0 MATT KRAMER BOARD MEMBER 0.50 0.10 X 0 0 0 KEVIN LEWIS BOARD MEMBER 0.50 0.10 X 0 0 0 DAVID LINDSTROM BOARD MEMBER 0.50 0.10 X 0 0 0 SUSAN ADAMS LOYD BOARD MEMBER 0.50 0.10 X 0 0 0 MARK LUCKE BOARD MEMBER 0.50 0.10 X 0 0 0 LAURA MCCARTEN PAST-CHAIR 0.50 0.10 X 0 0 0 BETH MCCONAHAY BOARD MEMBER 0.50 0.10 X 0 0 0 CHAD MILLER BOARD MEMBER 0.50 0.10 X 0 0 0 ORINTHIA MONTAGUE BOARD MEMBER 0.50 0.10 X 0 0 0 DIANE NIXA BOARD MEMBER 0.50 0.10 X 0 0 0 RAVI NORMAN BOARD MEMBER 0.50 0.10 X 0 0 0 JEFF PELLEGROM BOARD MEMBER 0.50 0.10 X 0 0 0 STEFAN PITTINGER BOARD MEMBER 0.50 0.10 X 0 0 0 EVA RASMUSSEN BOARD MEMBER 0.50 0.10 X 0 0 0 ROB ROMINSKI BOARD MEMBER 0.50 0.10 X 0 0 0 ERIN SEXTON BOARD MEMBER 0.50 0.10 X 0 0 0 KENNETH SORENSEN BOARD MEMBER 0.50 0.10 X 0 0 0 MICHELLE SWANSON BOARD MEMBER 0.50 0.10 X 0 0 0 MELVIN TENNANT BOARD MEMBER 0.50 0.10 X 0 0 0 PHIL TRIER BOARD MEMBER 0.50 0.10 X 0 0 0 BRAD TUTUNJIAN BOARD MEMBER 0.50 0.10 X 0 0 0 KEN VINJE BOARD MEMBER 2.00 0.10 X 0 0 0 BRIAN WEINREIS BOARD MEMBER 0.50 0.10 X 0 0 0 TOM WHITLOCK BOARD MEMBER 0.50 0.10 X 0 0 0 PAUL WILLIAMS BOARD MEMBER 0.50 0.10 X 0 0 0 MATT ZABEL BOARD MEMBER 0.50 0.10 X 0 0 0 DARIAN ZIELSDORF BOARD MEMBER 0.50 0.10 X 0 0 0 JONATHAN WEINHAGEN PRESIDENT/CEO 40.00 4.00 X 167568 0 46549 167568 0 46549 1 0 1 0 0 86306 86306 MEMBERSHIP DUES 519100 1091179 1091179 EVENTS, FUNCTIONS 519100 863788 863788 LEADERSHIP PROGRAM 519100 48552 48552 AFFINITY INCOME 519100 11715 11715 ADVERTISING 511120 8120 8120 2023354 2233 2233 172797 176119 -3322 -3322 5316 -8638 12915 5776 7139 7139 MISCELLANEOUS INCOME 900099 52630 52630 52630 2168340 2010658 25151 46225 48141 214117 650127 17352 34136 62759 17518 19800 87282 1989 70459 23574 374865 26943 360558 5975 33280 21532 MISCELLANEOUS 20480 DUES AND SUBSCRIPTIONS 5673 BAD DEBT 344 2096904 81736 191117 651226 627204 31383 20399 51931 39773 253534 163394 57710 90140 873986 968633 85750 134440 464085 443665 36086 31027 585921 609132 X 288065 359501 288065 359501 873986 968633 71436 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 1091179 67837 20186 88023 52921 35102 76250 70758 5492 164510 79862 84648 12774 12774 0 90140 CAPITAL LEASE PAYABLE 16526 DEFERRED RENT BENEFIT 14501 31027 X 2580069 93316 318413 411729 2168340 0 2168340 2321054 93316 130834 224150 2096904 0 2096904 PART X, LINE 2: THE MINNEAPOLIS REGIONAL CHAMBER OF COMMERCE IS A QUALIFIED TAX-EXEMPT NONPROFIT ORGANIZATION UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES. HOWEVER, THE MINNEAPOLIS REGIONAL CHAMBER OF COMMERCE FILES AN INCOME TAX RETURN RELATING TO ITS UNRELATED BUSINESS INCOME ACTIVITIES. INCOME TAXES FOR UNRELATED BUSINESS INCOME ACTIVITIES ARE ACCRUED AND INCLUDED IN THE COMBINED STATEMENT OF ACTIVITY IN THE YEAR INCURRED. THE ORGANIZATION'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUES OF AFFILIATE REPORTED ON A SEPARATE RETURN 322,150. ELIMINATIONS -9,513. GAMING EXPENSES 5,776. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES OF AFFILIATE REPORTED ON A SEPARATE RETURN 134,571. ELIMINATIONS -9,513. GAMING EXPENSES 5,776. 1 TONY JARAS RIVER GARDEN 2500 MARSHALL ST NE MINNEAPOLIS MN 55418 410948441 N/A 5000 0 N/A FACADE GRANT 0 1 PART I, LINE 2: THE CHAMBER PROVIDES FACADE GRANTS TO BUSINESSES TO IMPROVE STORE FRONTS. THE CHAMBER REQUIRES BOTH AN APPLICATION AND A COMPLETION CERTIFICATE FOR EACH FACADE GRANT PROJECT. THE CHAMBER REVIEWS THE APPLICATION TO ENSURE ALL CRITERIA DEFINED BY THE CHAMBER HAVE BEEN MET TO BE BOTH ELIGIBLE AND TO RECEIVE FUNDS. THE CHAMBER REQUIRES A COMPLETION CERTIFICATE FROM THE GRANTEE AS PROOF THAT PROJECTS HAVE BEEN COMPLETED AND MEET THE GOALS DEFINED IN THE APPLICATION PROCESS. X X X X 0 0 0 JONATHAN WEINHAGEN PRESIDENT/CEO 167568 0 0 0 0 0 21600 0 24949 0 214117 0 0 0 FORM 990, PART VI, SECTION A, LINE 1 THE CHAMBER'S EXECUTIVE COMMITTEE CONSISTS OF THE BOARD CHAIR, CHAIR-ELECT, FIRST VICE CHAIR, SECRETARY/TREASURER, IMMEDIATE PAST CHAIR, EACH AREA COUNCIL CHAIR AND THREE TO FIVE BOARD MEMBERS APPOINTED BY THE CHAIR. IN THE INTERIM BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, THE EXECUTIVE COMMITTEE HAS THE CHARGE OF ROUTINE BUSINESS OF THE CHAMBER AND IS PERMITTED TO ESTABLISH POLICIES OF THE CHAMBER ON ALL MATTERS, INCLUDING MATTERS OF A PUBLIC POLICY OR LEGISLATIVE NATURE. IT SHALL HAVE GENERAL CHARGE OF THE FINANCES AND PROPERTY OF THE CHAMBER AND SHALL HAVE AUTHORITY TO ORDER DISBURSEMENTS FOR NECESSARY EXPENSES AND MAY, ACTING THROUGH THE SECRETARY/TREASURER, GRANT TO ANY COMMITTEE A REASONABLE AMOUNT OF MONEY FOR SPECIAL WORK. THE EXECUTIVE COMMITTEE MAY REFER MATTERS BROUGHT BEFORE IT TO ANY OTHER COMMITTEE OR TASK FORCE. THE EXECUTIVE COMMITTEE IS THE PRIMARY LIAISON BETWEEN THE BOARD OF DIRECTORS AND THE AREA BOARDS OF DIRECTORS, AND IS RESPONSIBLE FOR COMMUNICATING AND ENFORCING THE DIRECTIVES AND POLICY OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS CONSIST OF BUSINESSES IN THE MINNEAPOLIS REGIONAL AREA; BOARD MEMBER'S COMPANIES ARE REQUIRED TO BE MEMBERS OF THE MINNEAPOLIS REGIONAL CHAMBER OF COMMERCE. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE/AUDIT COMMITTEE WILL REVIEW THE COMPLETED FORM 990, WHICH WILL BE COMPLETED BY AN INDEPENDENT ACCOUNTING FIRM, BEFORE THE FORM 990 IS SUBMITTED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS DIRECTORS, OFFICERS AND EMPLOYEES OF THE ORGANIZATION. EACH RESPONSIBLE PERSON MUST REVIEW THE POLICY AND ANNUALLY COMPLETE A DISCLOSURE FOR IDENTIFYING ANY RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES IN WHICH THE RESPONSIBLE PERSON IS INVOLVED THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST ARISING. ANY SUCH INFORMATION REGARDING A BUSINESS INTEREST IS GENERALLY MADE AVAILABLE TO THE CHAIR, THE PRESIDENT, EXECUTIVE DIRECTOR AND ANY COMMITTEE APPOINTMENT TO ADDRESS CONFLICTS OF INTEREST, EXCEPT TO THE EXTENT ADDITIONAL DISCLOSURE IS NECESSARY IN CONNECTION WITH THE IMPLEMENTATION OF THIS POLICY. A PERSON WHO HAS A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN DISCUSSIONS OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND TO RESPOND TO QUESTIONS. THE PERSON HAVING A CONFLICT OF INTEREST MAY NOT VOTE ON THE CONTRACT OR TRANSACTION AND SHALL NOT BE PRESENT IN THE MEETING ROOM WHEN THE VOTE IS TAKEN, UNLESS THE VOTE IS A SECRET BALLOT. PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15A COMPARABLE SURVEY DATA FROM NONPROFIT ORGANIZATIONS, THE NATIONAL CHAMBER OF COMMERCE, AND OTHER ASSOCIATION MARKET DATA IS PROVIDED TO THE EXECUTIVE COMMITTEE TO REVIEW AND APPROVE FOR OFFICER'S COMPENSATION. A REVIEW AND APPROVED OF THE TOTAL COMPENSATION PACKAGE FOR THE PRESIDENT/CEO WAS CONDUCTED PRIOR TO HIRING THE NEW PRESIDENT/CEO IN OCTOBER OF 2016 BY THE EXECUTIVE COMMITTEE. AT THAT TIME THE SALARY SURVEYS LISTED ABOVE WERE USED. THE PRESIDENT/CEO IS THE ONLY EMPLOYEE THAT HAS A COMPENSATION REVIEW BY THE EXECUTIVE COMMITTEE. FOR 2017 NO MEETING WAS HELD TO DISCUSS COMPENSATION. THE PRESIDENT/CEO IS THE ONLY EMPLOYEE THAT HAD COMPENSATION REVIEWED BY THE COMMITTEE. COMPENSATION OF ALL OTHER POSITIONS IN THE ORGANIZATION IS AT THE DISCRETION OF THE PRESIDENT/CEO AND APPROVED BY THE BOARD OF DIRECTORS THROUGH BUDGET ALLOCATION. THE PRESIDENT/CEO USES COMPARABLE DATA FROM NONPROFIT ORGANIZATIONS, PRIVATE SECTOR AND OTHER ASSOCIATION MARKET DATA FOR DETERMINING THE COMPENSATION OF OTHER OFFICERS OR KEY EMPLOYEES OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON THE WEBSITE AND UPON REQUEST. MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION 81 S NINTH ST 200 MINNEAPOLIS MN 55402 363468708 ECONOMIC DEVELOPMENT MN 501(C)(3) LINE 7 MINNEAPOLIS REGIONAL CHAMBER OF COMMERCE 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 1 1