MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION: Form 990EZ, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION (EIN 36-3468708)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-07-05
- IRS object ID
- 201601879349200105
- Schema version
- 2015v2.1
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-07-05T08:22:44-05:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 SOUTH SIXTH STREET SUITE 300 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363468708 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MINNEAPOLIS REGIONAL CHAMBER | BusinessNameLine1Txt |
| Business Name Line2 | DEVELOPMENT FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MINN | BusinessNameControlTxt |
| Phone | 6123709100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 81 SOUTH NINTH STREET NO 200 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55402 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN STANOCH | PersonNm |
| Person Title | INTERIM PRESIDENT & CEO | PersonTitleTxt |
| Phone | 6123709100 | PhoneNum |
| Signature | 2016-06-29 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN TAUER | PreparerPersonNm |
| PTIN | P00294068 | PTIN |
| Phone | 6123764500 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2016-09-27 15:27:22Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Website Address | WWW.MINNEAPOLISCHAMBER.ORG | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $17,850 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $17,850 | ContributionsGiftsGrantsEtcAmt |
| Total Revenue | $17,850 | TotalRevenueAmt |
| Fees And Other Pymt To Ind Cntrct | $5,715 | FeesAndOtherPymtToIndCntrctAmt |
| Other Expenses Total | $15,549 | OtherExpensesTotalAmt |
| Total Expenses | $21,264 | TotalExpensesAmt |
| Excess Or Deficit For Year | -$3,414 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $84,744 | NetAssetsOrFundBalancesBOYAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Net Assets Or Fund Balances EOY | $81,330 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $87,543 | BOYAmt |
| EOY | $83,330 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $87,543 | BOYAmt |
| EOY | $83,330 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,799 | BOYAmt |
| EOY | $2,000 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $84,744 | BOYAmt |
| EOY | $81,330 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Primary Exempt Purpose | THE MISSION OF THE MINNEAPOLIS CHAMBER OF COMMERCE DEVELOPMENT FOUNDATION IS TO OFFER INNOVATIVE WAYS OF REDUCING UNEMPLOYMENT, IMPROVE EDUCATIONAL OPPORTUNITIES FOR DISADVANTAGED YOUTH, INITIATE AND CONDUCT LEADERSHIP DEVELOPMENT PROGRAMS AND PROMOTE EFFORTS THAT ENHANCE THE QUALITY OF LIFE AND LEADERSHIP SKILLS IN THE MINNEAPOLIS AND ST PAUL AREAS. | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | ECONOMIC DEVELOPMENT: THROUGH THE MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION, THE CHAMBER PROVIDES LEADERSHIP PROGRAMS THAT ARE DESIGNED TO EDUCATE CURRENT AND FUTURE BUSINESS EXECUTIVES ABOUT RELEVANT COMMUNITY ISSUES. INFORMATIONAL EVENTS AND NETWORKING OPPORTUNITIES ARE DESIGNED TO PROVIDE BUSINESS ECONOMIC DEVELOPMENT AND COMMUNITY INVOLVEMENT. DURING 2012, THE FOUNDATION BEGAN AN INITIATIVE TO ADDRESS A REGIONAL TRANSIT SYSTEM, WHICH WAS CONTINUED IN 2015. | DescriptionProgramSrvcAccomTxt |
| Grants And Allocations | $0 | GrantsAndAllocationsAmt |
| Program Service Expenses | $15,405 | ProgramServiceExpensesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $15,405 | TotalProgramServiceExpensesAmt |
| Info In Schedule O Part IV | Yes (X) | InfoInScheduleOPartIVInd |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (12 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|
| LAURA MCCARTEN | ||||
| CHAIR | 2.00 | $0 | $0 | $0 |
| WILLIAM A JONASON | ||||
| PAST CHAIR | 2.00 | $0 | $0 | $0 |
| DAVID PRINCE | ||||
| TREASURER | 2.00 | $0 | $0 | $0 |
| SUSAN ADAMS LOYD | ||||
| BOARD DIRECTOR | 0.10 | $0 | $0 | $0 |
| MARK ADKINS | ||||
| BOARD DIRECTOR | 0.10 | $0 | $0 | $0 |
| ERIC ANDERSON | ||||
| BOARD DIRECTOR | 0.10 | $0 | $0 | $0 |
| TODD J ANLAUF | ||||
| BOARD DIRECTOR | 0.10 | $0 | $0 | $0 |
| LESTER BAGLEY | ||||
| BOARD DIRECTOR | 0.10 | $0 | $0 | $0 |
| MARK BECKER | ||||
| BOARD DIRECTOR | 0.10 | $0 | $0 | $0 |
| EILEEN BERTOZZI | ||||
| BOARD DIRECTOR | 0.10 | $0 | $0 | $0 |
| DON BORNHORST | ||||
| BOARD DIRECTOR | 0.10 | $0 | $0 | $0 |
| RANDY BOUSHEK | ||||
| BOARD DIRECTOR | 0.10 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | 0 | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | 0 | OrganizationHadUBIInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Direct Indirect Pltcl Expend | $0 | DirectIndirectPltclExpendAmt |
| Made Loans To From Officers | 0 | MadeLoansToFromOfficersInd |
| Tax Imposed Under IRC4911 | $0 | TaxImposedUnderIRC4911Amt |
| Tax Imposed Under IRC4912 | $0 | TaxImposedUnderIRC4912Amt |
| Tax Imposed Under IRC4955 | $0 | TaxImposedUnderIRC4955Amt |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| Tax Imposed On Organization Mgr | $0 | TaxImposedOnOrganizationMgrAmt |
| Tax Reimbursed By Organization | $0 | TaxReimbursedByOrganizationAmt |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERYL BUTZ | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 81 S NINTH STREET 200 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6123709141 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Donor Advised Fnds | 0 | DonorAdvisedFndsInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Tanning Services Provided | 0 | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| School Operating | 0 | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (1) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $470,250 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $327,900 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $354,350 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $13,550 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $17,850 | CurrentTaxYearAmt |
| Total | $1,183,900 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $470,250 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $327,900 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $354,350 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $13,550 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $17,850 | CurrentTaxYearAmt |
| Total | $1,183,900 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,006,610 | SubstantialContributorsTotAmt |
| Public Support Total170 | $177,290 | PublicSupportTotal170Amt |
| Total Support | $1,183,900 | TotalSupportAmt |
| Public Support CY170 | 0.14980 | PublicSupportCY170Pct |
| Public Support PY170 | 0.27940 | PublicSupportPY170Pct |
| Ten Pct Facts Crcmstncs Test CY | Yes (X) | TenPctFactsCrcmstncsTestCYInd |
| Facts And Circumstances Test | THE MINNEAPOLIS REGIONAL DEVELOPMENT FOUNDATION MAINTAINS ACTIVE COMMUNITY SUPPORT BY RAISING FUNDS TO SUPPORT PROGRAMS THAT ENHANCE THE QUALITY OF LIFE AND LEADERSHIP SKILLS IN THE MINNEAPOLIS AND ST PAUL AREA. THE FOUNDATION CONTINUES TO SUPPORT AND TO ENHANCE THE QUALITY OF LIFE THROUGH CONTRIBUTIONS TO SUPPORT A REGIONAL TRANSIT SYSTEM. FUNDING CONTINUES TO BE SOLICITED FROM CORPORATIONS FOR PROGRAMS TO SUPPORT ECONOMIC AND COMMUNITY DEVELOPMENT PROGRAMS. | FactsAndCircumstancesTestTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES | DESCRIPTION: ADVERTISING. AMOUNT: 10,235. DESCRIPTION: CONFERENCES AND MEETINGS. AMOUNT: 3,730. DESCRIPTION: MISCELLANEOUS EXPENSES. AMOUNT: 1,584. TOTAL TO FORM 990-EZ, LINE 16: 15,549. |
| FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES | DESCRIPTION: DUE TO MINNEAPOLIS REGIONAL CHAMBER OF COMMERCE. BEG. OF YEAR AMOUNT: 2,682. END OF YEAR AMOUNT: 2,000. DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 117. END OF YEAR AMOUNT: 0. |
Transfer Prsnl Bnft Contracts Decl TransferPrsnlBnftContractsDecl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Declaration | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. | DeclarationDesc |
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