2016-11-09T10:50:40-06:00 2015-12-31 346565596 Ernst and Young US LLP 111 Monument Circle Ste 4000 Indianapolis IN 46204 990 2015-01-01 530045720 Chamber of Commerce of the USA CHAM 2024635590 1615 H Street NW Washington DC 200622000 Stan M Harrell SVP, CFO & CIO 2024635590 2016-11-09 1 Jennifer Rhoderick P00395735 3176817000 2015 2017-02-10 21:41:12Z Stan M Harrell 1615 H Street NW Washington DC 200622000 174200920 0 X www.uschamber.com X 1915 DC To advance human progress through an economic, (Please see Schedule O for the continuation)political, and social system based on individual freedom, incentive, opportunity and responsibility. 120 117 470 0 213696 0 196792567 164905490 2285090 2238252 7002 6332 6921201 6969016 206005860 174119090 0 0 0 0 92531684 94140523 1145763 425000 0 110143512 81327577 203820959 175893100 2184901 -1774010 81090858 74522949 134467479 118319427 -53376621 -43796478 X The Chamber of Commerce serves its members and the nation's business community by analyzing national economic and social issues and by helping legislators and national leaders to shape policies and proposals to foster the development of American business. 0 0 Research and track issues affecting the business community and support pro-business legislation, regulations, and political activities. Enhance the competitiveness of business in the global marketplace. Lobby for business' trade agendas and manage programs that educate American companies about trade opportunites. Work closely with associations and state and local chambers of commerce to build awareness of and involvement in top policy issues and generate grassroots momentum. Recruit and retain members and coordinate member relations. 0 1 1 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 1 1 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 1 383 0 1 470 1 1 1 1 IN 0 0 1 1 0 X 120 117 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 1 1 X Stan M Harrell 2024635590 1615 H Street NW Washington DC 200622000 Andrew Abboud Director 1.00 X 0 0 0 David Adkisson Director 1.00 X 0 0 0 Robert O Agbede Director 1.00 X 0 0 0 Harry C Alford Director 1.00 X 0 0 0 Anthony J Allott Director 1.00 X 0 0 0 Stewart Alvarez Director 1.00 X 0 0 0 Scott Anderson Director 1.00 X 0 0 0 Lee R Anderson Sr Director 1.00 X 0 0 0 John W Bachmann Treasurer/Director 1.00 X X 0 0 0 Richard H Bagger Director 1.00 X 0 0 0 Charles E Barnes Sr Director 1.00 X 0 0 0 Hector V Barreto Director 1.00 X 0 0 0 Lane Beattie Director 1.00 X 0 0 0 Sandra Beaty Director 1.00 X 0 0 0 Kathy G Beckett Director 1.00 X 0 0 0 Thomas D Bell Jr Director 1.00 X 0 0 0 Gary C Bhojwani Director 1.00 X 0 0 0 John F Biagas Director 1.00 X 0 0 0 Phillip D Brady Director 1.00 X 0 0 0 Michelle H Browdy Director 1.00 X 0 0 0 Chuck Brymer Director 1.00 X 0 0 0 Kane Calamari Director 1.00 X 0 0 0 John Cannon Director 1.00 X 0 0 0 Red Cavaney Director 1.00 X 0 0 0 Norman C Chambers Director 1.00 X 0 0 0 James W Cicconi Director 1.00 X 0 0 0 Ken W Cole Director 1.00 X 0 0 0 Kevin M Connelly Director 1.00 X 0 0 0 Adam Cooper Director 1.00 X 0 0 0 Charles Copeland Director 1.00 X 0 0 0 Joseph W Craft III Reg Vice Chair Southcentral/Director 1.00 X X 0 0 0 Ralph de la Torre Director 1.00 X 0 0 0 Nicholas J DeIuliis Reg Vice Chair Great Lakes/Director 1.00 X X 0 0 0 Wayne S DeVeydt Director 1.00 X 0 0 0 Maura W Donahue Director 1.00 X 0 0 0 Thomas J Donohue Pres & CEO/Director 40.00 1.00 X X 6591126 0 -11439 Michael L Ducker Chairman/Director 1.00 X X 0 0 0 Carrie E Dwyer Director 1.00 X 0 0 0 Fuad El-Hibri Director 1.00 X 0 0 0 Patricia Elizondo Director 1.00 X 0 0 0 David R Emery Director 1.00 X 0 0 0 Daniel F Evans Jr Director 1.00 X 0 0 0 Robert D Fatovic Director 1.00 X 0 0 0 Patrick M Finken Director 1.00 X 0 0 0 Mark D French Director 1.00 X 0 0 0 Lance M Fritz Director 1.00 X 0 0 0 Craig L Fuller Director 1.00 X 0 0 0 Bruce A Gates Director 1.00 X 0 0 0 HP Goldfield Director 1.00 2.00 X 0 0 0 Michael J Graff Director 1.00 X 0 0 0 Ernest Green Jr Director 1.00 X 0 0 0 James M Guyette Director 1.00 X 0 0 0 Bradley M Halverson Director 1.00 X 0 0 0 James L Hebe Director 1.00 X 0 0 0 James A Hixon Director 1.00 X 0 0 0 Scott L Holman Sr Director 1.00 X 0 0 0 John L Hopkins Vice Chairman/Director 1.00 X X 0 0 0 CA Howlett Director 1.00 X 0 0 0 Gregory Irace Reg Vice Chair East/Director 1.00 X X 0 0 0 David Jacobson Director 1.00 X 0 0 0 Jan Jones Blackhurst Director 1.00 X 0 0 0 Boland T Jones Director 1.00 X 0 0 0 Paul W Jones Director 1.00 X 0 0 0 Fred Kaiser Director 1.00 X 0 0 0 Charles J Kalil Director 1.00 X 0 0 0 Frederick Kempe Director 1.00 X 0 0 0 Philip D Kennedy Director 1.00 X 0 0 0 Raymond F Kerins Jr Director 1.00 X 0 0 0 Paul J Klaassen Director 1.00 X 0 0 0 Jessie J Knight Jr Director 1.00 X 0 0 0 Laura Lane Director 1.00 X 0 0 0 Elaine R Leavenworth Director 1.00 X 0 0 0 Greg Lebedev Director/Consultant 29.00 3.00 X 240000 0 -10000 Hank Linginfelter Director 1.00 X 0 0 0 William G Little Director 1.00 1.00 X 0 0 0 Christopher B Lofgren PhD Director 1.00 X 0 0 0 Tamara L Lundgren Chairman Exec Comm/Director 1.00 X X 0 0 0 Andrew D Lundquist Director 1.00 X 0 0 0 Ted Mathas Director 1.00 X 0 0 0 Richard H McClure Director 1.00 X 0 0 0 Thomas V McKernan Director 1.00 X 0 0 0 Richard L McNeel Director 1.00 X 0 0 0 James W Mendenhall Director 1.00 X 0 0 0 Randy Milch Director 1.00 X 0 0 0 Rance C Miles Reg Vice Chair Southwest/Director 1.00 X X 0 0 0 Darlene M Miller Director 1.00 X 0 0 0 Robert S Milligan Reg Vice Chr Mdwst/Dir 1.00 X X 0 0 0 Dayton H Molendorp Director 1.00 X 0 0 0 David Muhlendorf Director 1.00 X 0 0 0 Susan K Neely Director 1.00 X 0 0 0 C Howard Nye Director 1.00 X 0 0 0 Brian O'Hara Director 1.00 X 0 0 0 Karen M Olson Beenken Director 1.00 X 0 0 0 Mark S Ordan Director 1.00 X 0 0 0 Daniel F Packer Director 1.00 X 0 0 0 Manuel J Perez de la Mesa Director 1.00 X 0 0 0 Wolfgang G Pordzik Director 1.00 X 0 0 0 James M Power Director 1.00 X 0 0 0 Randal K Quarles Director 1.00 X 0 0 0 Jeffrey K Rageth Director 1.00 X 0 0 0 C Clayton Reasor Director 1.00 X 0 0 0 Martin H Richenhagen Director 1.00 X 0 0 0 Joseph M Rigby Director 1.00 X 0 0 0 Tchad Robinson Director 1.00 X 0 0 0 Stephen J Rohleder Director 1.00 X 0 0 0 Matthew K Rose Director 1.00 X 0 0 0 John Ruan III Director 1.00 X 0 0 0 Kim T Rumph Director 1.00 X 0 0 0 Edward B Rust Jr Director 1.00 X 0 0 0 Tracy G Schmidt Director 1.00 X 0 0 0 David T Seaton Director 1.00 X 0 0 0 Gerald L Shaheen Reg Vice Chr West/Dir 1.00 X X 0 0 0 Donald J Shepard Director 1.00 2.00 X 0 0 0 Eric Silagy Director 1.00 X 0 0 0 Rajendra Singh Director 1.00 X 0 0 0 Suzanne Sitherwood Director 1.00 X 0 0 0 Christel Slaughter PhD Director 1.00 X 0 0 0 Edgar L Smith Jr Director 1.00 X 0 0 0 Paul S Speranza Jr Director 1.00 X 0 0 0 James A Squires Director 1.00 X 0 0 0 Charles R Stamp Jr Director 1.00 X 0 0 0 James E Stephenson Director 1.00 X 0 0 0 Cynthia Stinger Director 1.00 X 0 0 0 Richard K Studley Director 1.00 X 0 0 0 Frank C Sullivan Director 1.00 X 0 0 0 Brandon W Sweitzer Director 1.00 X 0 0 0 Richard J Tobin Director 1.00 X 0 0 0 Mick Truitt Director 1.00 X 0 0 0 Harold Turner Jr Director 1.00 X 0 0 0 Joseph B Ucuzoglu Director 1.00 X 0 0 0 Steve Van Andel Director 1.00 X 0 0 0 Frank L VanderSloot Reg Vice Chr Nrwest/Dir 1.00 X X 0 0 0 LeRoy Walker Jr Director 1.00 X 0 0 0 Edward Wanandi Director 1.00 X 0 0 0 Mark E Watson III Director 1.00 X 0 0 0 Robert C Weber Director 1.00 X 0 0 0 Thomas J Wilson Director 1.00 X 0 0 0 Christopher C Womack Reg Vice Chair Southeast/Director 1.00 X X 0 0 0 James M Wordsworth Director 1.00 X 0 0 0 Joan Woodward Director 1.00 X 0 0 0 Elanna S Yalow Director 1.00 X 0 0 0 Lily Fu Claffee SVP, Gnl Cnsl/CLO & Secry 20.00 6.00 X 1363046 0 47910 Stan M Harrell SVP, CFO & CIO 40.00 2.00 X 876910 0 57866 Myron Brilliant EVP, USCC; EVP & Head of Int'l 40.00 1.00 X 1997381 0 39116 Shannon D DiBari EVP, USCC; COO 40.00 2.00 X 1423452 0 -28696 Robert B Josten EVP, Govt Affairs 40.00 X 2258599 0 36838 Agnes Warfield-Blanc SVP, Dev and Fund 40.00 X 3990923 0 53711 David C Chavern EVP, USCC; President, CATI 40.00 X 2017093 0 -9082 Suzanne P Clark EVP, USCC 30.00 10.00 X 1063654 0 40005 Thomas J Collamore SVP, Comm & Strategy, Cnsl to Pres 40.00 X 1400044 0 56871 Karen A Harbert SVP; Pres & CEO, Energy Inst 40.00 X 1194236 0 50883 David T Hirschmann SVP Pres & CEO, CCMC & GIPC 40.00 X 1599467 0 8274 Robert J Engstrom Current emp, also frmr key emp 40.00 X 825408 0 12065 26841339 0 344322 193 1 1 0 Integrated Web Strategy LLC 5330 N 12th Street Phoenix AZ 85014 Web based mkting, PR, & Mbrshp svcs 1756009 Revolution Agency 1020 Princess Street Alexandria VA 22314 Advertising services 1734327 Something Else Strategies LLC 112 Lantern Ridge Drive Easley SC 29642 Advertising services 1200000 Hunton & Williams PO Box 405759 Atlanta GA 303845759 Strategic consulting 1177787 Lockton Companies LLC PO Box 415840 Boston MA 02241 Insurance brokerage services 762828 76 7612658 67888 157224944 164905490 Sponsorships/royalties 711190 1149839 1124839 25000 Meetings 900099 488610 488610 Publication sales 511190 362341 362341 Advertising 541800 213696 213696 Accreditation fees 541900 23766 23766 2238252 6332 6332 187205 81830 0 81830 187205 0 187205 187205 Affiliate admin charge 561000 6781811 6781811 6781811 174119090 8781367 213696 218537 16660248 61475505 11680504 628 4323638 1807745 1769264 621825 9949677 425000 13089838 11546206 5277104 8250501 6631359 8594636 6164121 818140 2789403 Contr to other orgs 2579913 Bad debt expense 1233000 Contr to affiliates 202000 Taxes 2845 175893100 22309258 15791384 2867084 2873413 39734077 41579177 31599 74894 1589742 1349594 44955723 32101236 14559098 12854487 81090858 74522949 24676986 21451177 72250 150750 8435712 4263268 101282531 92454232 134467479 118319427 X -137259391 -139304431 83882770 95507953 -53376621 -43796478 81090858 74522949 X -1774010 11354153 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4003461 3970611 32850 4003461 1 Republican Attorneys General Association 1747 Pennsylvania Ave NW Suite 800 Washington DC 20006 464501717 15000 Republican State Leadership Committee 1201 F ST NW Washington DC 20004 050532524 15000 0 0 1 165078055 62537133 -84497736 -21960603 67992305 -89952908 Part I-A and Part I-C The Chamber engaged in public education activities in support of its mission, which includes advancing the interests and concerns of business, economic growth, and the free enterprise system. In pursuit of these goals, the Chamber spends funds directly, or works with other organizations with similar missions. 801756 801756 30405335 18856147 11549188 949321 949321 0 5314086 4857728 456358 7485225 7438040 47185 12854487 Accrued Actuarial Liabilities 60041070 Loans from related organizations 16955989 Intercompany accounting 15457173 92454232 X 241967202 949452 74888455 75837907 166129295 7989795 7989795 174119090 240456881 949452 71604125 72553577 167903304 7989796 7989796 175893100 Part X, Line 2: ASC 740 footnote from 2015 audit: Management's analysis of uncertain tax positions as required under Financial Accounting Standards Board Accounting Standards Codification Topic (ASC) 740, Income Taxes, determined that the Chamber and its affiliates had no uncertain tax positions, and as such, no liability has been recorded as of December 31, 2015 or 2014. Management does not anticipate any material changes in this position in the next 12 months. The Chamber and its affiliates are subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Management believes the Chamber is no longer subject to income tax examinations for years prior to 2012. Part XI, Line 2d - Other Adjustments: Affiliated org rev consolidated for financial statement purpose $74,806,624 74806624. Rental expenses to line 6b on 990, $81,830 81830. Rounding $1 1. Part XI, Line 4b - Other Adjustments: Elimination entries $7,989,795 7989795. Part XII, Line 2d - Other Adjustments: Affiliated org exp consolidated for financial statement purpose $71,268,366 71268366. Expenses associated with assets held in agency for affiliate $253,929 253929. Rental expenses to line 6b on 990, $81,830 81830. Part XII, Line 4b - Other Adjustments: Elimination entries $7,989,795 7989795. Rounding $1 1. South Asia 1 20 Fundraising and program services. Membership benefits. 665257 Europe 1 21 Member services in Europe. Business advocacy in Europe. 492170 East Asia and the Pacific 0 0 Seminars and speaking engagements. Business advocacy in East Asia. 810829 Europe 0 0 Seminars and speaking engagements. Business advocacy in Europe. 207482 South America 0 0 Seminars and speaking engagements. Business advocacy in South America. 184846 Middle East and North Africa 0 0 Seminars and speaking engagements. Business advocacy in the Middle East. 240329 South Asia 0 0 Seminars and speaking engagements. Business advocacy in South Asia. 942491 North America 0 0 Seminars and speaking engagements. Business advocacy in North America. 185450 Sub Saharan Africa 0 0 Seminars and speaking engagements. Business advocacy in Sub Saharan Africa. 91138 Central America and the Caribbean - 0 0 Seminars and speaking engagements. Business advocacy in Central America and Carribean. 340564 East Asia and the Pacific 0 18 Program services. Policy analysis in East Asia. 953501 Europe 0 17 Program services. Policy analysis in Europe. 524704 North America 0 12 Program services. Policy analysis in North America. 127481 South America 0 9 Program services. Policy analysis in South America. 100851 Middle East and North Africa - 0 8 Program services. Policy analysis in Middle East. 121707 South Asia 0 3 Program services. Policy analysis in South Asia 57435 Central America and the Caribbean - 0 3 Program services. Policy analysis in Central America and Carribean. 10387 2 41 0 70 2 111 3728854 2327768 6056622 0 0 0 0 0 1 Part I, line 3: Schedule F Part I We use the accrual method of accounting on all of our transactions. X X X X 1 Carol Hallett 1615 H ST NW Washington DC 20062 General fundraising 0 7600000 425000 7175000 7600000 425000 7175000 X X X X X 1 1 X X X X X X 1 1 0 Thomas J Donohue Pres & CEO/Director 1051724 0 5450000 0 89402 0 -29700 0 18261 0 6579687 0 0 0 Greg Lebedev Director/Consultant 240000 0 0 0 0 0 -10000 0 0 0 230000 0 0 0 Lily Fu Claffee SVP, Gnl Cnsl/CLO & Secry 597695 0 675000 0 90351 0 27825 0 20085 0 1410956 0 0 0 Stan M Harrell SVP, CFO & CIO 497030 0 240000 0 139880 0 34200 0 23666 0 934776 0 0 0 Myron Brilliant EVP, USCC; EVP & Head of Int'l 594287 0 1000000 0 403094 0 12900 0 26216 0 2036497 0 0 0 Shannon D DiBari EVP, USCC; COO 597262 0 450000 0 376190 0 -35200 0 6504 0 1394756 0 0 0 Robert B Josten EVP, Govt Affairs 598375 0 1150000 0 510224 0 18700 0 18138 0 2295437 0 0 0 Agnes Warfield-Blanc SVP, Dev and Fund 716502 0 3000000 0 274421 0 27825 0 25886 0 4044634 0 0 0 David C Chavern EVP, USCC; President, CATI 110362 0 900000 0 1006731 0 -11769 0 2687 0 2008011 0 0 0 Suzanne P Clark EVP, USCC 589685 0 400000 0 73969 0 8225 0 31780 0 1103659 0 0 0 Thomas J Collamore SVP, Comm & Strategy, Cnsl to Pres 542034 0 775000 0 83010 0 27825 0 29046 0 1456915 0 0 0 Karen A Harbert SVP; Pres & CEO, Energy Inst 471859 0 650000 0 72377 0 27825 0 23058 0 1245119 0 0 0 David T Hirschmann SVP Pres & CEO, CCMC & GIPC 475173 0 850000 0 274294 0 4200 0 4074 0 1607741 0 0 0 Robert J Engstrom Current emp, also frmr key emp 325696 0 400000 0 99712 0 4300 0 7765 0 837473 0 0 0 Part I, Line 1a Charter air travel is provided to four of the executives listed; a portion of which is treated as taxable compensation. First class business travel is available to the President/CEO, and designated employees. Eight of the executives listed in Part VII of the core form utilized first class travel at least once. Travel for companions is available for business purposes only, when companions are invited and expected to attend. Five of the executives listed in Part VII of the core form utilized travel for companions at least once. None of these are treated as taxable benefits. Gross up payments are added to supplemental pension benefits. These benefits are reported as taxable benefits and are available to all employees with compensation exceeding the ERISA limit. Social club dues are available to seven of the executives listed in Part VII of the core form for business use only. They are not treated as taxable benefits. Chauffeur services are available to two of the executives listed in Part VII of the core form for business use only. They are not treated as taxable benefits. Part I, Lines 4a-b Severance payment: David Chavern received a $946,154 final lump sum severance payment. Supplemental Pension list: Robert Bruce Josten 510,224 Myron Brilliant 403,094 Shannon DiBari 376,190 Agnes Warfield 274,421 David Hirschmann 274,294 James Robinson 180,975 Stan Harrell 139,880 Lily Fu Claffee 90,351 Thomas Collamore 83,010 Robert Engstrom 77,290 Karen Harbert 72,377 Suzanne Clark 64,420 The Supplemental Pension Plan provides cash payments to participants based on a formula that coordinates with the benefits that cannot be paid by the Retirement Plan due to the qualified plan pay cap under the law. These benefits are calculated and paid annually; there is no deferred component. Schedule B number 48 Substantial contributor 240000 See Part V Legal policy consulting fees 0 Schedule B number 51 Substantial contributor 550892 See Part V Legal policy consulting fees 0 Schedule B number 220 Substantial contributor 222838 See Part V Audio visual services 0 Schedule B number 462 Substantial contributor 131027 See Part V Policy consulting fees 0 Schedule B number 514 Substantial contributor 461068 See Part V Audit and tax services 0 Schedule B number 576 Substantial contributor 106000 See Part V Policy consulting and public relations services 0 Schedule B number 597 Substantial contributor 202500 See Part V Legal policy consulting fees 0 Schedule B number 679 Substantial contributor 1177787 See Part V Legal and public relations services 0 Schedule B number 757 Substantial contributor 228626 See Part V Legal services 0 Schedule B number 765 Substantial contributor 200000 See Part V Policy consulting fees 0 Schedule B number 782 Substantial contributor 183002 See Part V Legal services 0 Schedule B number 834 Substantial contributor 762828 See Part V Insurance brokerage services 0 Schedule B number 872 Substantial contributor 560650 See Part V Legal policy consulting fees 0 Schedule B number 924 Substantial contributor 597743 See Part V Legal policy consulting fees 0 Schedule B number 949 Substantial contributor 538556 See Part V Public advocacy consulting fees 0 Schedule B number 1197 Substantial contributor 398053 See Part V Legal policy consulting fees 0 Schedule B number 1222 Substantial contributor 284622 See Part V Executive search services 0 Schedule B number 1469 Substantial contributor 606573 See Part V Legal services 0 National Black Chamber of Commerce Harry C Alford (Director & CEO Natl Black CoC) 111800 See Part V Contributions 0 Form 990, Part VI, Section A, line 2 David Chavern and Donald J Shepard both served on the Transamerica Board together in 2015. Thomas Bell Jr, Hank Linginfelter, and Suzanne Sitherwood served on the AFL Resources board together in 2015. Thomas Bell Jr and Jim Squires served on the Norfolk Southern board together and James Hixon was an officer of Norfolk Southern in 2015. Edward B Rust Jr, is a director at Caterpillar and Bradley Halverson is the CFO of Caterpillar. Tamara Lundgren and Robert Fatovic served on the Ryder Systems board together. Form 990, Part VI, Section B, line 11 In accordance with the Audit Committee charter, the draft Form 990 was provided in advance to the Audit Committee members, and reviewed individually with each member prior to filing. The Audit Committee performs this function pursuant to a delegation from the Board of Directors. The board receives the most recently completed tax return at the next regularly scheduled meeting. Form 990, Part VI, Section B, line 12c We annually notify staff of the Standards of Conduct and Ethics policy, which includes a requirement that any transaction or relationship that is reasonably expected to give rise to an actual or apparent conflict of interest be brought to the attention of a supervisor, a senior manager in the Talent Solutions department or the Office of the General Counsel. In addition, we issue an annual written questionnaire to all members of the board of directors asking for information on potential conflicts of interest, which is gathered by the Chief Financial Officer. All reports of potential conflicts will be evaluated by the Chief Legal Officer and General Counsel, who serves as the Chamber's Ethics Officer, in consultation with other senior management and staff, as appropriate. Any conflicts of interest involving board members or staff are resolved in accordance with the Chamber's conflicts policies. Form 990, Part VI, Section B, line 15 Part VI Question 15a The process for determining the total compensation of the President/CEO is as follows. The President/CEO has a written employment agreement with the Chamber. Total compensation is reviewed annually by an independent compensation consultant. The consultant prepares a compensation study primarily utilizing, as available, Form 990s and surveys of comparable organizations with similar responsibilities. Based on this information, total compensation is determined by the U.S. Chamber's Employee Compensation and Benefit Arrangements Committee on an annual basis. Part VI Question 15b The process for determining total compensation for the officers, key employees and highly compensated employees is as follows. For seven individuals, who are direct reports of the President/CEO, total compensation is reviewed annually by an independent compensation consultant. The consultant prepares a compensation study primarily utilizing, as available, Form 990s and surveys of comparable organizations with similar responsibilities. For the remaining five individuals, this consultant provides compensation information based on surveys of comparable organizations with similar positions. Based on this information, total compensation is determined by the President/CEO and the U.S. Chamber of Commerce's Employee Compensation and Benefit Arrangements Committee on an annual basis. Form 990, Part VI, Section C, line 19 The form 990 is made available to any member of the public who requests a copy. Any requestor is forwarded to the Administrative Director of Finance of the Chamber of Commerce of the USA, who will forward a copy of the document to the requestor. The organization's governing documents, conflict of interest policy, and financial statements are not made available to the public. Form 990, Part IV Question 12 Auditing of financial statements The U.S. Chamber of Commerce is the parent organization in the audited consolidated financial statements of the U.S. Chamber of Commerce. Schedule R lists additional related organizations included in these consolidated financial statements. Form 990, Part XI, line 9: Minimum Pension Reserve Liability Adjustment 9989788. Minimum Post Retirement Reserve Liability Adjustment 1364363. Rounding 2. ChamberBiz 1615 H ST NW Washington DC 20062 541960202 Small business web portal (inactive) DC 0 0 Chamber of Commerce of the USA US Chamber of Commerce Foundation 1615 H St NW Washington DC 20062 461561597 Promotes understanding of public affairs issues affecting business DE 501(c)(3) 7 Chamber of Commerce of the USA 1 National Chamber Foundation 1615 H St NW Washington DC 20062 526073268 Promotes understanding of public affairs issues affecting business DC 501(c)(3) 7 Chamber of Commerce of the USA 1 Center for International Private Enterprise 1155 15th St NW Washington DC 20005 521398742 Promotes democracy through private enterprise and market reform. DC 501(c)(3) 7 Chamber of Commerce of the USA 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 1 0 0 Center for International Private Enterprise Q 1217528 Reimb for benefits costs US Chamber of Commerce Foundation E 235673 Calculated interest US Chamber of Commerce Foundation N 900000 Cost allocation discounted 67% US Chamber of Commerce Foundation O 5748354 Actual salaries & benefit alloc US Chamber of Commerce Foundation Q 954052 Alloc amt at 67% disc & act cost