2016-05-11T13:52:52-05:00 2015-06-30 133692922 GKG CPAS 254 ROUTE 17K NEWBURGH NY 12550 990 2014-07-01 460476778 THE CHAMBER FOUNDATION INC CHAM 8454541700 1 CIVIC CENTER PLAZA 4TH FL NO 400 POUGHKEEPSIE NY 12601 AUDRA B GERTY VICE PRESIDENT 8454541700 2016-05-10 1 TRACY L BADGLEY CPA P00152200 8455673600 2016-05-10 2014 2016-08-17 19:52:53Z AUDRA B GERTY 1 CIVIC CENTER PLAZA 4TH FL NO 400 POUGHKEEPSIE NY 12601 383322 0 X CHAMBERFDN.ORG X 2002 NY TO 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. 14 14 1 148 0 0 56532 36614 128517 133919 2791 3844 79414 113666 267254 288043 53709 52113 0 0 86314 102266 0 0 22145 112320 132004 252343 286383 14911 1660 308123 331935 29349 52680 278774 279255 TO 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. 0 0 149232 133919 PROGRAMS DESIGNED TO BUILD THE LEADERSHIP QUALITIES OF YOUTH AND ADULTS IN THE HUDSON VALLEY COMMUNITY. 27151 PROGRAM TO IMPROVE HISTORICAL, CULTURAL AND EDUCATIONAL VITALITY OF THE HUDSON VALLEY COMMUNITY. SUPPORT IS PROVIDED, IN PART, TO ASSIST LOCAL SCHOOLS TO PROVIDE INITIATIVES FOR INNER CITY GRADE SCHOOL STUDENTS. FUNDRAISERS ARE HELD TO SUPPORT AND ENSURE THE CONTINUED AVAILABILITY OF FUNDS FOR THE EXPANSION OF THIS MISSION. 52113 52113 TO FOSTER EDUCATIONAL OPPORTUNITES IN THE SERVICE AREA THROUGH THE ESTABLISHMENT OF SCHOLARSHIP PROGRAMS. SCHOLARSHIPS IN THE AMOUNT OF $52,113 WERE AWARDED TO INDIVIDUALS TO FUTHER THEIR ACADEMIC ENDEAVORS. FUNDRAISERS ARE HELD TO SUPPORT AND ENSURE THE CONTINUED AVAILABLITY OF THE FUNDS FOR SCHOLARSHIPS. 228496 1 1 0 0 0 0 0 0 0 1 1 0 1 0 1 1 1 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 5 0 1 1 1 0 0 0 0 0 0 0 0 0 0 X 14 14 0 1 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X X AUDRA B GERTY 8454541700 ONE CIVIC CENTER PLAZA POUGHKEEPSIE NY 12601 AMY DITTMAR SECRETARY 1.00 0.00 X 0 0 0 ANTHONY MORANDO TREASURER 1.00 0.00 X 0 0 0 BARBARA E OSTRANDER DIRECTOR 1.00 0.00 X 0 0 0 CARMEN MCGILL DIRECTOR 1.00 0.00 X 0 0 0 CHARLES SIMON DIRECTOR 1.00 0.00 X 0 0 0 DAVID R WISE DIRECTOR 1.00 0.00 X 0 0 0 DR GREEN RYCHCIK DIRECTOR 1.00 0.00 X 0 0 0 JOHN MACK DIRECTOR 1.00 0.00 X 0 0 0 KRISTEN HUSS ASSOCIATE BOARD MEMBER 1.00 0.00 X 0 0 0 LISA MORRIS FORMER DIRECTOR 1.00 0.00 X 0 0 0 MAUREEN KANGAS DIRECTOR 1.00 0.00 X 0 0 0 PETER MAHER DIRECTOR 1.00 0.00 X 0 0 0 RYAN JUDGE ASSOCIATE BOARD MEMBER 1.00 0.00 X 0 0 0 SKIP WEISMAN DIRECTOR 1.00 0.00 X 0 0 0 STACEY LANGENTHAL 1ST VICE CHAIR 1.00 0.00 X 0 0 0 STEPHEN E DIAMOND OF COUNSEL 1.00 0.00 X 0 0 0 TINA WALZ CHAIR 1.00 0.00 X 0 0 0 WILLIAM FRANCIS FORMER CHAIRMAN 1.00 0.00 X 0 0 0 NICHOLAS SHANNON EXEC DIRECTOR 45.00 0.00 X 69253 0 6369 CHARLES S NORTH FORMER PRESIDENT 10.00 40.00 X 0 151101 2195 AUDRA B GERTY VICE PRESIDENT 20.00 40.00 X 0 114880 8355 FRANK CASTELLA JR PRESIDENT 10.00 40.00 X 0 9234 0 69253 275215 16919 0 0 1 0 0 36614 36614 LEADERSHIP PROGRAMS 611430 133919 133919 133919 3844 3844 208945 95279 113666 113666 288043 133919 0 117510 52113 52113 92467 69351 9246 13870 9799 7349 980 1470 10258 5129 3077 2052 5850 5850 3107 3107 1503 1503 5665 1041 3583 1041 550 550 9300 5580 1395 2325 1020 612 153 255 1758 1055 263 440 2811 2811 LEADERSHIP DUTCHESS 34175 34175 DONATION COMMUNITY EFFO 27151 27151 YOUTH LEADERSHIP 20680 20680 MERCHANT CREDIT CARD 2500 1500 375 625 5676 2760 2849 67 286383 228496 35742 22145 84831 131432 38119 14416 3108 4872 35883 32936 4705 2947 177360 178268 308123 331935 11092 20344 11720 28352 6537 3984 29349 52680 X 124895 189232 153879 90023 278774 279255 308123 331935 X 1660 -1179 0 X X 0 1 X 1 0 X 94499 338361 344943 323351 379478 1480632 94499 338361 344943 323351 379478 1480632 1480632 1808 2287 2791 3844 10730 138302 138302 1629664 0.90860 0.89350 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 177360 2665 1757 178268 141269 12000 25761 150 1520 177360 112153 12000 18312 1196 141269 92027 22400 -1162 188 924 112153 76884 23970 17061 25000 888 92027 0.49000 0.51000 1 0 35883 32936 2947 2947 MANAGED POOLED MUTUAL FUNDS 178268 F 178268 DUE TO YOUTH LEADERSHIP 3984 3984 X 382143 -1179 95279 94100 288043 0 288043 381662 95279 95279 286383 0 286383 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 95,279. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 95,279. GOLF TOURNAMENT 57414 57414 19912 TWISTED GALA 51050 51050 26259 4 100481 100481 49108 208945 208945 95279 95279 113666 1 SCHOLARSHIPS 24 52113 CASH PART I, LINE 2: THE FOUNDATION RECEIVES AND REVIEWS QUARTERLY REPORTS RECEIVED FROM THE ORGANIZATION ADMINISTERING THE SCHOLARSHIPS. 1 0 0 0 0 0 0 0 0 CHARLES S NORTH FORMER PRESIDENT 0 151101 0 0 0 0 0 0 0 2195 0 153296 0 0 PART I, LINE 4A CHARLES S. NORTH RECEIVED $12,000 FOR THE PERIOD OF 1/1/15 TO 6/30/15 PURSUANT TO A SEVERANCE AGREEMENT FROM A RELATED ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 3 MANAGEMENT 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 6 CLASSES 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 11 ORGANIZATION'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 12C ENFORCEMENT OF CONFLICTS POLICY THE CONFLICT OF INTEREST APPLIES TO ALL BOARD MEMBERS AND OFFICERS. ANNUALLY EACH MEMBER SIGNED 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 15A COMPENSATION 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 19 GOVERNING 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 D C REGIONAL CHAMBER OF COMMERCE ONE CIVIC CENTER PLAZA POUGHKEEPSIE NY 12601 140978000 BUSINESS ADVOCATE NY 501(C)(6) N/A 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 D C REGIONAL CHAMBER OF COMMERCE K 25982 LEASE AGREEMENT