THE CHAMBER FOUNDATION INC: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
THE CHAMBER FOUNDATION INC (EIN 46-0476778)
Tax period
2016-07-01 to 2017-06-30
Filed
2018-05-10
IRS object ID
201841309349301954
Schema version
2016v3.0
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)
Return2018-05-10T10:19:55-05:00ReturnTs
Tax Period End2017-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN133692922PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GKG CPAsBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1254 ROUTE 17KAddressLine1Txt
CityNEWBURGHCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12550ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2016-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN460476778EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE CHAMBER FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCHAMBusinessNameControlTxt
Phone8454541700PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 CIVIC CENTER PLAZA No 400AddressLine1Txt
CityPOUGHKEEPSIECityNm
State AbbreviationNYStateAbbreviationCd
ZIP12601ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonAudra B GertyPersonNm
Person TitleVICE PRESIDENTPersonTitleTxt
Phone8454541700PhoneNum
Signature2018-05-03SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTracy L Badgley CPAPreparerPersonNm
PTINP00152200PTIN
Phone8455673600PhoneNum
Preparation2018-05-03PreparationDt
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerAUDRA B GERTYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 CIVIC CENTER PLAZA No 400AddressLine1Txt
CityPOUGHKEEPSIECityNm
State AbbreviationNYStateAbbreviationCd
ZIP12601ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$890,323GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressCHAMBERFDN.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2002FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTo assist the Dutchess County Regional Chamber of Commerce, Inc. in the building and support of a qualified workforce by fostering educational opportunities through scholarships, and also coordinating a workforce development program that instructs and educates.ActivityOrMissionDesc
Voting Members Governing Body16VotingMembersGoverningBodyCnt
Voting Members Independent16VotingMembersIndependentCnt
Total Employee50TotalEmployeeCnt
Total Volunteers371TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$27,572PYContributionsGrantsAmt
CY Contributions Grants$31,466CYContributionsGrantsAmt
PY Program Service Revenue$545,095PYProgramServiceRevenueAmt
CY Program Service Revenue$707,455CYProgramServiceRevenueAmt
PY Investment Income$5,945PYInvestmentIncomeAmt
CY Investment Income$4,129CYInvestmentIncomeAmt
PY Other Revenue$109,289PYOtherRevenueAmt
CY Other Revenue$63,561CYOtherRevenueAmt
PY Total Revenue$687,901PYTotalRevenueAmt
CY Total Revenue$806,611CYTotalRevenueAmt
PY Grants And Similar Paid$43,599PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$33,404CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$404,988PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$514,225CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$147,021CYTotalFundraisingExpenseAmt
PY Other Expenses$208,325PYOtherExpensesAmt
CY Other Expenses$273,187CYOtherExpensesAmt
PY Total Expenses$656,912PYTotalExpensesAmt
CY Total Expenses$820,816CYTotalExpensesAmt
PY Revenues Less Expenses$30,989PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$14,205CYRevenuesLessExpensesAmt
Total Assets BOY$416,485TotalAssetsBOYAmt
Total Assets EOY$396,973TotalAssetsEOYAmt
Total Liabilities BOY$113,343TotalLiabilitiesBOYAmt
Total Liabilities EOY$86,198TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$303,142NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$310,775NetAssetsOrFundBalancesEOYAmt
MissionTo assist the Dutchess County Regional Chamber of Commerce, Inc. in the building and support of a qualified workforce by fostering educational opportunities through scholarships, and also coordinating a workforce development program that instructs and educates.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$434,298ExpenseAmt
Revenue$434,182RevenueAmt
DescDC Youth One Stop provides income eligible youth aged 14-24 with training, education, and employment support with the goal of establishing career pathways in accordance with Federal WIA and WIOA program guidelines. 136 in-school and out-of-school youth were provided services to improve his or her educational and employment skills.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$85,147ExpenseAmt
Revenue$187,564RevenueAmt
DescPrograms designed to build the leadership qualities of youth and adults in the Hudson Valley community. 156 youths and adults were served through various leadership programs.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$33,404ExpenseAmt
Grant$33,404GrantAmt
DescTo foster educational opportunites in the service area through the establishment of scholarship programs. Scholarships in the amount of $33,404 were awarded to individuals to further their academic endeavors. Fundraisers are held to support and ensure the continued availablity of the funds for scholarships. 17 scholarships were awarded.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$4,544ExpenseAmt
Revenue$85,709RevenueAmt
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$4,544TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$85,709TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$557,393TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent EndowmentsYes (1)TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related InvstYes (1)ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document5IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee50EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members16GoverningBodyVotingMembersCnt
Independent Voting Member16IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonAudra B GertyPersonNm
Phone8454541700PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1One Civic Center PlazaAddressLine1Txt
CityPoughkeepsieCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12601ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (23 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt
Amy Dittmar
CHAIR1.00Yes (X)$0$0$0
Anthony Morando
DIRECTOR1.00Yes (X)$0$0$0
Barbara E Ostrander
SECRETARY1.00Yes (X)$0$0$0Yes (X)
Carmen McGill through 616
Director1.00Yes (X)$0$0$0
Charles Simon through 617
Director1.00Yes (X)$0$0$0
David R Wise
Director1.00Yes (X)$0$0$0
Dr Greer Rychcik through 717
Director1.00Yes (X)$0$0$0
Kristen Huss through 616
Associate Board Member1.00Yes (X)$0$0$0
Maureen Kangas
VICE CHAIR1.00Yes (X)$0$0$0
Peter Maher
TREASURER1.00Yes (X)$0$0$0Yes (X)
Ryan Judge through 616
Associate Board Member1.00Yes (X)$0$0$0
Skip Weisman through 617
Director1.00Yes (X)$0$0$0
Stacey Langenthal through 617
1st Vice Chair2.00Yes (X)$0$0$0
Stephen E Diamond
Of Counsel2.00Yes (X)$0$0$0
Tina Walz through 617
Chair1.00Yes (X)$0$0$0
tina hawkinson
director1.00Yes (X)$0$0$0
ROBYN WILLIAMS
DIRECTOR1.00Yes (X)$0$0$0
CHRISTOPHER SHORT
DIRECTOR1.00Yes (X)$0$0$0
MATTHEW MULLANEY
DIRECTOR1.00Yes (X)$0$0$0
JENNIFER PAWENSKI
DIRECTOR1.00Yes (X)$0$0$0
Audra B Gerty
Vice President15.00$0$114,713$8,181Yes (X)35.00
Frank Castella Jr
President10.00$0$114,650$3,204Yes (X)40.00
NICHOLAS SHANNON
EXEC. DIRECTOR50.00$74,919$0$7,762Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$74,919TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$229,363TotReportableCompRltdOrgAmt
Total Other Compensation$19,147TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$31,466AllOtherContributionsAmt
Total Contributions$31,466TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescLeadership ProgramsDesc
Business611430BusinessCd
Total Revenue Column$707,455TotalRevenueColumnAmt
Related Or Exempt Func Income$707,455RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$707,455TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,129TotalRevenueColumnAmt
Exclusion$4,129ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$147,273FundraisingGrossIncomeAmt
Fundraising Direct Expenses$83,712FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$63,561TotalRevenueColumnAmt
Exclusion$63,561ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$806,611TotalRevenueColumnAmt
Related Or Exempt Func Income$707,455RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$67,690ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$33,404TotalAmt
Program Services$33,404ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$116,939TotalAmt
Program Services$70,163ProgramServicesAmt
Management And General$17,541ManagementAndGeneralAmt
Fundraising$29,235FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$312,434TotalAmt
Program Services$187,461ProgramServicesAmt
Management And General$46,865ManagementAndGeneralAmt
Fundraising$78,108FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$35,306TotalAmt
Program Services$21,184ProgramServicesAmt
Management And General$5,295ManagementAndGeneralAmt
Fundraising$8,827FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$49,546TotalAmt
Program Services$29,728ProgramServicesAmt
Management And General$7,431ManagementAndGeneralAmt
Fundraising$12,387FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$190TotalAmt
Program Services$95ProgramServicesAmt
Management And General$57ManagementAndGeneralAmt
Fundraising$38FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$12,616TotalAmt
Management And General$12,616ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$1,892TotalAmt
Management And General$1,892ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$3,987TotalAmt
Program Services$2,392ProgramServicesAmt
Management And General$598ManagementAndGeneralAmt
Fundraising$997FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,365TotalAmt
Management And General$1,365ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$9,611TotalAmt
Program Services$2,791ProgramServicesAmt
Management And General$4,029ManagementAndGeneralAmt
Fundraising$2,791FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,637TotalAmt
Management And General$1,637ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$39,815TotalAmt
Program Services$23,889ProgramServicesAmt
Management And General$5,972ManagementAndGeneralAmt
Fundraising$9,954FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$5,925TotalAmt
Program Services$3,555ProgramServicesAmt
Management And General$889ManagementAndGeneralAmt
Fundraising$1,481FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$2,356TotalAmt
Program Services$1,414ProgramServicesAmt
Management And General$353ManagementAndGeneralAmt
Fundraising$589FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$6,781TotalAmt
Management And General$6,781ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
YOUTH ONE STOP$75,721$75,721
Leadership Dutchess$50,693$50,693
Youth Leadership$21,032$21,032
DONATION TO COMMUNITY E$550$550

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$39,016TotalAmt
Program Services$33,321ProgramServicesAmt
Management And General$3,081ManagementAndGeneralAmt
Fundraising$2,614FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$820,816TotalAmt
Program Services$557,393ProgramServicesAmt
Management And General$116,402ManagementAndGeneralAmt
Fundraising$147,021FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$70,727BOYAmt
EOY$70,096EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$87,254EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$161,084BOYAmt
EOY$14,309EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$3,693BOYAmt
EOY$4,246EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$54,194LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$37,590LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$5,592BOYAmt
EOY$16,604EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$175,389BOYAmt
EOY$204,464EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$416,485BOYAmt
EOY$396,973EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$90,203BOYAmt
EOY$37,571EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$21,725BOYAmt
EOY$23,391EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,415BOYAmt
EOY$25,236EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$113,343BOYAmt
EOY$86,198EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$213,119BOYAmt
EOY$215,752EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$90,023BOYAmt
EOY$95,023EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$303,142BOYAmt
EOY$310,775EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$416,485BOYAmt
EOY$396,973EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss-$14,205ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$21,838NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consol And Sep Basis Fincl StmtYes (X)ConsolAndSepBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$344,943CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$323,351CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$379,478CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$743,781CurrentTaxYearMinus1YearAmt
Current Tax Year$886,192CurrentTaxYearAmt
Total$2,677,745TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$344,943CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$323,351CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$379,478CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$743,781CurrentTaxYearMinus1YearAmt
Current Tax Year$886,192CurrentTaxYearAmt
Total$2,677,745TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$2,677,745PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,287CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,791CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,844CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,945CurrentTaxYearMinus1YearAmt
Current Tax Year$4,129CurrentTaxYearAmt
Total$18,996TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$138,302CurrentTaxYearMinus3YearsAmt
Total$138,302TotalAmt
FieldValueIRS element (for citing)
Total Support$2,835,043TotalSupportAmt
Public Support CY1700.94450PublicSupportCY170Pct
Public Support PY1700.93220PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$175,389BeginningYearBalanceAmt
Contributions$5,000ContributionsAmt
Investment Earnings Or Losses$25,967InvestmentEarningsOrLossesAmt
Administrative Expenses$1,892AdministrativeExpensesAmt
End Year Balance$204,464EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$178,268BeginningYearBalanceAmt
Investment Earnings Or Losses-$1,157InvestmentEarningsOrLossesAmt
Administrative Expenses$1,722AdministrativeExpensesAmt
End Year Balance$175,389EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$177,360BeginningYearBalanceAmt
Investment Earnings Or Losses$2,665InvestmentEarningsOrLossesAmt
Administrative Expenses$1,757AdministrativeExpensesAmt
End Year Balance$178,268EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$141,269BeginningYearBalanceAmt
Contributions$12,000ContributionsAmt
Investment Earnings Or Losses$25,761InvestmentEarningsOrLossesAmt
Other Expenditures$150OtherExpendituresAmt
Administrative Expenses$1,520AdministrativeExpensesAmt
End Year Balance$177,360EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$112,153BeginningYearBalanceAmt
Contributions$12,000ContributionsAmt
Investment Earnings Or Losses$18,312InvestmentEarningsOrLossesAmt
Administrative Expenses$1,196AdministrativeExpensesAmt
End Year Balance$141,269EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.41000BoardDesignatedBalanceEOYPct
Term Endowment Balance EOY0.59000TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (1)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$40,826OtherCostOrOtherBasisAmt
Depreciation$37,125DepreciationAmt
Book Value$3,701BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$13,368OtherCostOrOtherBasisAmt
Depreciation$465DepreciationAmt
Book Value$12,903BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$16,604TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp

FieldValueIRS element (for citing)
DescManaged Pooled Mutual FundsDesc
Book Value$204,464BookValueAmt
Method ValuationFMethodValuationCd
FieldValueIRS element (for citing)
Total Book Value Program Rltd$204,464TotalBookValueProgramRltdAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DUE TO CHAMBER$22,161
OTHER PAYABLE$3,075
FieldValueIRS element (for citing)
Total Liability$25,236TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$910,269TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$21,838NetUnrealizedGainsInvstAmt
Other Revenue$83,712OtherRevenueAmt
Revenue Not Reported$105,550RevenueNotReportedAmt
Revenue Subtotal$804,719RevenueSubtotalAmt
Investment Expenses Not Incld$1,892InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$1,892RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$806,611TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$902,636TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$83,712OtherExpensesIncludedAmt
Expenses Not Reported$83,712ExpensesNotReportedAmt
Expenses Subtotal$818,924ExpensesSubtotalAmt
Investment Expenses Not Incld2$1,892InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$1,892ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$820,816TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part V, Line 4:Intended Uses for Endowment Funds Use of Funds are restricted to scholarships.
Part X, Line 2:FASB ASC TOPIC 740, SUBTOPIC 10 PRESCRIBES A COMPREHENSIVE MODEL FOR HOW AN ORGANIZATION SHOULD MEASURE, RECOGNIZE, PRESENT, AND DISCLOSE IN ITS FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS THAT THE ORGANIZATION HAS TAKEN OR EXPECTS TO TAKE ON A TAX RETURN. THE FOUNDATION RECOGNIZES TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH POSITIONS ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT.
Part XI, Line 2d - Other Adjustments:Direct Fundraising Expenses 83,712.
Part XII, Line 2d - Other Adjustments:Direct Fundraising Expenses 83,712.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1HV KidVentureEvent1Nm
Gross Receipts Event1$71,522GrossReceiptsEvent1Amt
Gross Revenue Event1$71,522GrossRevenueEvent1Amt
Rent Facility Costs Event1$58,862RentFacilityCostsEvent1Amt
Event2COSIMO DIBRIZZI DINNEREvent2Nm
Gross Receipts Event2$33,197GrossReceiptsEvent2Amt
Gross Revenue Event2$33,197GrossRevenueEvent2Amt
Rent Facility Costs Event2$3,646RentFacilityCostsEvent2Amt
Other Events Total4OtherEventsTotalCnt
Gross Receipts Other Events$42,554GrossReceiptsOtherEventsAmt
Gross Revenue Other Events$42,554GrossRevenueOtherEventsAmt
Rent Fclty Costs Other Events$21,204RentFcltyCostsOtherEventsAmt
Gross Receipts Total$147,273GrossReceiptsTotalAmt
Gross Revenue Total Events$147,273GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$83,712RentFcltyCostsTotalEventsAmt
Direct Expense Summary Events$83,712DirectExpenseSummaryEventsAmt
Net Income Summary$63,561NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeScholarshipsGrantTypeTxt
Recipient17RecipientCnt
Cash Grant$33,404CashGrantAmt
Valuation Method UsedCashValuationMethodUsedDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 2:FormAndLineReferenceDesc
ExplanationTHE FOUNDATION RECEIVES AND REVIEWS QUARTERLY REPORTS RECEIVED FROM THE ORGANIZATION ADMINISTERING THE SCHOLARSHIPS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, line 3Management Delegated Salary is paid through an unrelated third party - Staff-Line, Inc. They also provide human resource services, and W-2 reporting. Payroll taxes are also paid by Staff-Line, Inc.
Form 990, Part VI, Section A, line 6Classes of Members or Stockholders The by-laws indicate membership is authorized. Dutchess County Regional Chamber of Commerce, Inc. shall be the sole member of the organization.
Form 990, Part VI, Section B, line 11bOrganization's Process to Review Form 990 Form 990 is prepared by an independent accounting firm. After review by the management team, an electronic copy is sent to all Board members for review and approval. After approval from the Board and management team Form 990 is e-filed.
Form 990, Part VI, Section B, line 12cEnforcement of Conflicts Policy The conflict of interest applies to all Board members and officers. Annually each member signS a copy of the policy with disclosure of any conflict. If a conflict has been identified, the member is precluded from participation and vote related to the conflicted matter.
Form 990, Part VI, Section B, line 15aCompensation Process for Top Official The executive director's salary and benefits package is reviewed annually by the President and Vice President of the Foundaton and is approved by the Board.
Form 990, Part VI, Section C, line 19Governing Documents Disclosure Explanation Upon request, copies of all governing documents will be provided.
Form 990, Part XII, Line 2c:THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1D C REGIONAL CHAMBER OF COMMERCEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE CIVIC CENTER PLAZAAddressLine1Txt
CityPOUGHKEEPSIECityNm
State AbbreviationNYStateAbbreviationCd
ZIP12601ZIPCd
FieldValueIRS element (for citing)
EIN140978000EIN
Primary ActivitiesBUSINESS ADVOCATEPrimaryActivitiesTxt
Legal Domicile StateNYLegalDomicileStateCd
Exempt Code Section501(c)(6)ExemptCodeSectionTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.