2016-11-10T17:06:12-06:00 2016-06-30 850219147 PULAKOS CPAS PC 5921 JEFFERSON STREET NE ALBUQUERQUE NM 87109 990 2015-07-01 850018940 GREATER ALBUQUERQUE CHAMBER OF COMMERCE GREA 5057643700 115 GOLD AVE SW NO 201 ALBUQUERQUE NM 87102 TERRI L COLE PRESIDENT AND CEO 5057643700 2016-11-08 1 ROBERT A DEPASQUALE P00446108 5053381500 2015 2017-02-10 21:41:12Z TERRI L COLE 115 GOLD AVE SW NO 201 ALBUQUERQUE NM 87102 1747775 0 X WWW.ABQCHAMBER.COM X 1917 NM THE GREATER ALBUQUERQUE CHAMBER OF COMMERCE WORKS EVERY DAY TO MAKE OUR COMMUNITY A PLACE WHERE BUSINESSES CAN GROW AND PROSPER, WHERE PEOPLE WANT TO RAISE THEIR FAMILIES AND WHERE TOURISTS WANT TO VISIT. AS THE VOICE OF BUSINESS SINCE 1917, WE ENVISION NEW MEXICANS LIVING IN SAFE NEIGHBORHOODS, WORKING IN REWARDING CAREERS AT THRIVING BUSINESSES, WHILE THEIR CHILDREN ATTEND GREAT SCHOOLS AND ENJOY THEIR LEISURE TIME IN ONE OF THE MOST BEAUTIFUL REGIONS ON EARTH. 59 58 26 300 22814 0 0 0 1569879 1686532 0 0 53828 61243 1623707 1747775 0 0 0 0 948117 881603 0 0 0 709486 646826 1657603 1528429 -33896 219346 134109 153719 799717 599981 -665608 -446262 X THE GREATER ALBUQUERQUE CHAMBER OF COMMERCE WORKS EVERY DAY TO MAKE OUR COMMUNITY A PLACE WHERE BUSINESSES CAN GROW AND PROSPER, WHERE PEOPLE WANT TO RAISE THEIR FAMILIES AND WHERE TOURISTS WANT TO VISIT. AS THE VOICE OF BUSINESS SINCE 1917, WE ENVISION NEW MEXICANS LIVING IN SAFE NEIGHBORHOODS, WORKING IN REWARDING CAREERS AT THRIVING BUSINESSES, WHILE THEIR CHILDREN ATTEND GREAT SCHOOLS AND ENJOY THEIR LEISURE TIME IN ONE OF THE MOST BEAUTIFUL REGIONS ON EARTH. 0 0 BUSINESS RESOURCES & EDUCATION: ATTRACT NEW BUSINESSES AND PROVIDE INFORMATION TO EXISTING BUSINESSES; TENS OF THOUSANDS OF MEMBERS HAVE BENEFITED FROM THIS PROGRAM. MEMBERSHIP & COMMUNICATION: EVALUATE CONCERNS OF BUSINESS MEMBERSHIP AND INFORM THE PUBLIC OF BUSINESS CONCERNS AND PROGRESS FOR THOUSANDS OF MEMBERS. GOVERNMENTAL & QUALITY OF LIFE: MONITOR LEGAL ENVIRONMENT, GOVERNMENTAL ELECTIONS, AND QUALITY OF LIFE ISSUES; TENS OF THOUSANDS OF MEMBERS HAVE BEEN HELPED. TO SUPPORT AND IMPROVE PUBLIC EDUCATION IN NEW MEXICO. 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 0 1 0 0 1 15 0 26 1 1 1 0 0 0 0 0 X 59 58 1 0 0 0 0 0 0 1 0 0 0 1 1 0 1 1 1 1 0 0 X TERRI COLE 5057643700 115 GOLD STREET SW SUITE 201 ALBUQUERQUE NM 87102 PATRICK DEE EXECUTIVE COMMITTEE 2.00 1.00 X 0 0 0 JOANIE GRIFFIN EXECUTIVE COMMITTEE 2.00 1.00 X 0 0 0 PAT VINCENT-COLLAWN VICE CHAIR 2.00 1.00 X 0 0 0 DALE DEKKER VICE CHAIR 2.00 1.00 X 0 0 0 CHRIS DUNKESON DIRECTOR 1.00 X 0 0 0 DEL ESPARZA EXECUTIVE COMMITTEE 2.00 1.00 X 0 0 0 CARLO LUCERO VICE CHAIR 2.00 1.00 X 0 0 0 SHERMAN MCCORKLE VICE CHAIR 2.00 1.00 X 0 0 0 MARGARET MEISTER CHAIRMAN ELECT 2.00 1.00 X 0 0 0 PAUL SILVERMAN VICE CHAIR 2.00 1.00 X 0 0 0 RICK ALVIDREZ EXECUTIVE COMMITTEE 2.00 1.00 X 0 0 0 LESLIE APODACA EXECUTIVE COMMITTEE 2.00 1.00 X 0 0 0 DAVID DOYLE EXECUTIVE COMMITTEE 2.00 1.00 X 0 0 0 BRIAN HAVERLY EXECUTIVE COMMITTEE 2.00 1.00 X 0 0 0 DR PAUL B ROTH EXECUTIVE COMMITTEE 2.00 1.00 X 0 0 0 KURT SHIPLEY EXECUTIVE COMMITTEE 2.00 1.00 X 0 0 0 MIKE STANFORD EXECUTIVE COMMITTEE 2.00 1.00 X 0 0 0 KYLE BEASLEY DIRECTOR 1.00 X 0 0 0 MIKE CANFIELD DIRECTOR 1.00 X 0 0 0 MIKE KIVITZ DIRECTOR 1.00 X 0 0 0 FRED WINTER DIRECTOR 1.00 X 0 0 0 CINDY MCGILL DIRECTOR 1.00 X 0 0 0 GEORGIE ORTIZ DIRECTOR 1.00 X 0 0 0 DEBBIE JOHNSON DIRECTOR 1.00 X 0 0 0 JAY ROSENBLUM DIRECTOR 1.00 X 0 0 0 PETER LORENZ DIRECTOR 1.00 X 0 0 0 ED HENDERSON DIRECTOR 1.00 X 0 0 0 VALERIE DODD DIRECTOR 1.00 X 0 0 0 JIM HAKEEM DIRECTOR 1.00 X 0 0 0 RYAN A SHELL DIRECTOR 1.00 X 0 0 0 NORMAN BECKER EXECUTIVE COMMITTEE 2.00 1.00 X 0 0 0 DR CHERYL WILLMAN MD DIRECTOR 1.00 X 0 0 0 JEFF APODACA DIRECTOR 1.00 X 0 0 0 MANNY BARRERA DIRECTOR 1.00 X 0 0 0 NADYNE BICKNELL DIRECTOR 1.00 X 0 0 0 TOM BRIONES DIRECTOR 1.00 X 0 0 0 ROBIN BRULE DIRECTOR 1.00 X 0 0 0 MIKE BURGESS DIRECTOR 1.00 X 0 0 0 MORRIS J CHAVEZ ESQ DIRECTOR 1.00 X 0 0 0 DR MARTIN HICKEY DIRECTOR 1.00 X 0 0 0 DR HONG HOU PHD DIRECTOR 1.00 X 0 0 0 STAN HUBBARD DIRECTOR 1.00 X 0 0 0 LEEAN KRAVITZ DIRECTOR 1.00 X 0 0 0 LISA FARRELL LUJAN EXECUTIVE COMMITTEE 2.00 1.00 X 0 0 0 KAREN LYNCH DIRECTOR 1.00 X 0 0 0 DOUG MAJEWSKI DIRECTOR 1.00 X 0 0 0 BILL MIERA DIRECTOR 1.00 X 0 0 0 BECKY PRESCOTT EXECUTIVE COMMITTEE 2.00 1.00 X 0 0 0 JONATHAN PRIEST DIRECTOR 2.00 1.00 X 0 0 0 LISA RILEY DIRECTOR 1.00 X 0 0 0 DR ROBERT RUBIN DIRECTOR 1.00 X 0 0 0 BRIAN RULE DIRECTOR 1.00 X 0 0 0 DAVID SEELY DIRECTOR 1.00 X 0 0 0 FARRON SNEED DIRECTOR 1.00 X 0 0 0 TERRI L COLE PRESIDENT & CEO 40.00 20.00 X X 176921 0 13777 TOM E ANTRAM CHAIRMAN 2.00 1.00 X X 0 0 0 GREG LEYENDECKER TREASURER 3.00 1.00 X X 0 0 0 DEL ARCHULETA PAST CHAIRMAN 2.00 1.00 X X 0 0 0 ELIZABETH SHIPLEY IMMEDIATE PAST CHAIR 5.00 2.00 X X 0 0 0 TOM JENKINS FIRST VICE PRESIDENT 2.00 X X 0 0 0 176921 0 13777 1 0 1 0 HDIC THEATER BLOCK LLC 5051 JOURNAL CENTER BLVD NE SUITE 2 ALBUQUERQUE NM 87109 RENT 162000 1 MEMBERSHIP DUES & ASSE 900099 906392 906392 COMMUNITY RELATIONS 900099 625254 625254 LEADERSHIP ALBUQUERQUE 900099 154886 154886 1686532 27000 0 27000 27000 27000 PUBLICATION ADVERTISIN 541800 22814 22814 CONFERENCES AND MEETIN 611710 11429 11429 34243 1747775 1697961 22814 27000 204113 615940 3449 12881 45220 1846 3299 20371 49770 9860 162000 18498 6336 33147 13862 EVENTS AND PROGRAMS 171476 OTHER EXPENSES 66884 TELEPHONE 29194 EQUIPMENT RENTAL & MAIN 24412 35871 1528429 4240 11709 17598 15433 16186 30733 832026 736182 94388 95844 1697 0 134109 153719 52021 41308 73547 84023 112536 83575 108500 0 453113 391075 799717 599981 X -665608 -446262 -665608 -446262 134109 153719 219346 0 X X 0 1 X 1 0 0 0 0 915750 145650 145650 183150 -37500 325973 269305 56668 260495 254113 6382 245558 212764 32794 95844 DEFERRED MEMBERSHIP DUES 365308 DUE TO CGI 25767 391075 X PART X, LINE 2: GREATER ALBUQUERQUE CHAMBER OF COMMERCE IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. THE CHAMBER HAS ADOPTED ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA, AS THEY RELATE TO UNCERTAIN TAX POSITIONS, AND HAVE EVALUATED TAX POSITIONS TAKEN FOR OPEN TAX YEARS. CURRENTLY, THE 2013, 2014 AND 2015 TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND NEW MEXICO TAXATION AND REVENUE DEPARTMENT. HOWEVER, THE CHAMBER IS NOT CURRENTLY UNDER AUDIT, NOR HAS THE CHAMBER BEEN CONTACTED BY ANY OF THESE JURISDICTIONS. ANY INTEREST AND PENALTIES RECOGNIZED ASSOCIATED WITH A TAX POSITION WOULD BE CLASSIFIED AS CURRENT IN THE CHAMBER'S CONSOLIDATED FINANCIAL STATEMENTS. NO INTEREST OR PENALTIES WERE RECORDED IN 2016 OR 2015. MANAGEMENT BELIEVES THAT THE ACTIVITIES OF THE CHAMBER ARE WITHIN THEIR TAX-EXEMPT PURPOSE, AND THAT THERE ARE NO UNCERTAIN TAX POSITIONS. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN INCOME TAXES HAS BEEN RECORDED FOR THE YEARS ENDED JUNE 30, 2016 AND 2015. X X X 0 0 0 TERRI L COLE PRESIDENT & CEO 172061 0 0 0 4860 0 8846 0 4931 0 190698 0 0 0 PART I, LINE 3 TERRI L. COLE, PRESIDENT: EXECUTIVE COMPENSATION IS DETERMINED BY THE COMPENSATION COMMITTEE WHICH INCLUDES: THE CHAIRMAN OF THE BOARD, THE CHAIR ELECT AND THE IMMEDIATE PAST CHAIR. THIS COMMITTEE, BECAUSE OF ITS COMPOSITION, PROVIDES CONTINUITY. ANNUAL GOALS ARE SET AT THE BEGINNING OF THE YEAR AND REVIEWED (ANNUALLY AFTER THE AUDIT). A BONUS IS GIVEN IF GOALS ARE MET AND IF REVENUE IS AVAILABLE. OTHER VARIABLES, SUCH AS DOING A MARKET COMPARISON OF SALARIES WITH OTHER CHAMBERS OF THE SAME SIZE, ARE ALSO FACTORED IN THE DETERMINATION OF THE SALARY FOR THE YEAR. FORM 990, PART VI, SECTION A, LINE 2 THE GREATER ALBUQUERQUE CHAMBER OF COMMERCE'S (GACC) BOARD OF DIRECTORS IS COMPRISED PRIMARILY OF CEO'S OF VARIOUS BUSINESSES IN THE GREATER ALBUQUERQUE NEW MEXICO AREA. DUE TO THE LARGE SIZE OF THE GACC BOARD OF DIRECTORS, THERE ARE BOARD MEMBERS WHO MAY HAVE BUSINESS TRANSACTIONS WITH OTHER BOARD MEMBERS IN THE ORDINARY COURSE OF THEIR OWN BUSINESSES. THE GACC HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT ALL BOARD MEMBERS RECEIVE. IF A SITUATION ARISES WHERE THERE MIGHT BE A CONFLICT RELATED TO A GACC TRANSACTION, THE AFFECTED BOARD MEMBER RECUSES THEMSELVES FROM BOTH THE DISCUSSION AND VOTE ON THAT MATTER. FORM 990, PART VI, SECTION A, LINE 8B ALL ACTIVITIES OF EACH COMMITTEE ARE BROUGHT BEFORE THE BOARD FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 11 CORPORATE TAX FORM 990 WILL BE REVIEWED EVERY YEAR BY THE FINANCE COMMITTEE. THESE FIVE INDIVIDUALS ARE ALWAYS CURRENT MEMBERS ON THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C THE GREATER ALBUQUERQUE CHAMBER OF COMMERCE (GACC) BOARD OF DIRECTORS IS COMPRISED PRIMARILY OF CEO'S OF VARIOUS BUSINESSES IN THE GREATER ALBUQUERQUE NEW MEXICO AREA. DUE TO THE LARGE SIZE OF THE GACC BOARD OF DIRECTORS, THERE ARE BOARD MEMBERS WHO MAY HAVE BUSINESS TRANSACTIONS WITH OTHER BOARD MEMBERS IN THE ORDINARY COURSE OF THEIR OWN BUSINESSES, OR OCCASIONALLY WITH GACC ITSELF. TO ENSURE CONFLICTS OF INTEREST DO NOT ARISE, GACC HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT APPLIES TO ALL BOARD MEMBERS AND OFFICERS. THE PROCESS THAT GACC USES TO REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE COMPLIANCE WITH THIS POLICY ARE AS FOLLOWS: THE GACC WRITTEN CONFLICT OF INTEREST POLICY IS PROVIDED TO EACH BOARD MEMBER UPON ACCEPTING A POSITION ON THE GACC BOARD OF DIRECTORS AT THEIR INITIAL BOARD MEMBER ORIENTATION MEETING. AT THE ORIENTATION MEETING, THE POLICY IS REVIEWED IN DETAIL WITH EACH NEW BOARD MEMBER. AT THE GACC ANNUAL BOARD OF DIRECTORS MEETING EACH YEAR, THE BOARD REVIEWS THE CONFLICT OF INTEREST POLICY, AND EACH BOARD MEMBER IS AGAIN PROVIDED WITH A COPY OF THE CONFLICT OF INTEREST POLICY. FOR BOARD MEMBERS THAT DID NOT ATTEND THE ANNUAL BOARD MEETING, A COPY OF THE CONFLICT OF INTEREST POLICY IS PROVIDED TO THEM WITH A COPY OF THE ANNUAL BOARD OF DIRECTOR MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15A EXECUTIVE COMPENSATION IS DETERMINED BY THE COMPENSATION COMMITTE WHICH INCLUDES: THE CHAIRMAN OF THE BOARD, THE CHAIR ELECT, AND THE IMMEDIATE PAST CHAIR. THIS COMMITTEE, BECAUSE OF ITS COMPOSITION, PROVIDES CONTINUITY. ANNUAL GOALS ARE SET AT THE BEGINNING OF THE YEAR AND REVIEWED (ANNUALLY AFTER THE AUDIT). A BONUS IS GIVEN IF GOALS ARE MET AND IF REVENUE IS AVAILABLE. OTHER VARIABLES, SUCH AS DOING A MARKET COMPARISON OF SALARIES WITH OTHER CHAMBERS OF THE SAME SIZE, ARE ALSO FACTORED IN THE DETERMINATION OF SALARY FOR THE YEAR. 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 UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. CAREER GUIDANCE INSTITUTE PO BOX 25100 ALBUQUERQUE NM 87125 850323322 TO SUPPORT, BENEFIT, & CARRY OUT THE CHARITABLE EDUCATIONAL PURPOSES OF GACC NM 501(C)(3) LINE 11B, II GREATER ALBUQUERQUE CHAMBER OF COMMERCE 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 1 0 0 CAREER GUIDANCE INSTITUTE N 162000 ACTUAL COST CAREER GUIDANCE INSTITUTE Q 44472 ACTUAL COST CAREER GUIDANCE INSTITUTE E 41290 ACTUAL COST