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

FieldValueIRS element (for citing)
Return2016-07-05T08:22:44-05:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1220 SOUTH SIXTH STREET SUITE 300AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN363468708EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MINNEAPOLIS REGIONAL CHAMBERBusinessNameLine1Txt
Business Name Line2DEVELOPMENT FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlMINNBusinessNameControlTxt
Phone6123709100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line181 SOUTH NINTH STREET NO 200AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOHN STANOCHPersonNm
Person TitleINTERIM PRESIDENT & CEOPersonTitleTxt
Phone6123709100PhoneNum
Signature2016-06-29SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN TAUERPreparerPersonNm
PTINP00294068PTIN
Phone6123764500PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2016-09-27 15:27:22ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Website AddressWWW.MINNEAPOLISCHAMBER.ORGWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$17,850GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$17,850ContributionsGiftsGrantsEtcAmt
Total Revenue$17,850TotalRevenueAmt
Fees And Other Pymt To Ind Cntrct$5,715FeesAndOtherPymtToIndCntrctAmt
Other Expenses Total$15,549OtherExpensesTotalAmt
Total Expenses$21,264TotalExpensesAmt
Excess Or Deficit For Year-$3,414ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$84,744NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$81,330NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$87,543BOYAmt
EOY$83,330EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$87,543BOYAmt
EOY$83,330EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,799BOYAmt
EOY$2,000EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$84,744BOYAmt
EOY$81,330EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Primary Exempt PurposeTHE 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

FieldValueIRS element (for citing)
Description Program Srvc AccomECONOMIC 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$0GrantsAndAllocationsAmt
Program Service Expenses$15,405ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$15,405TotalProgramServiceExpensesAmt
Info In Schedule O Part IVYes (X)InfoInScheduleOPartIVInd

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (12 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
LAURA MCCARTEN
CHAIR2.00$0$0$0
WILLIAM A JONASON
PAST CHAIR2.00$0$0$0
DAVID PRINCE
TREASURER2.00$0$0$0
SUSAN ADAMS LOYD
BOARD DIRECTOR0.10$0$0$0
MARK ADKINS
BOARD DIRECTOR0.10$0$0$0
ERIC ANDERSON
BOARD DIRECTOR0.10$0$0$0
TODD J ANLAUF
BOARD DIRECTOR0.10$0$0$0
LESTER BAGLEY
BOARD DIRECTOR0.10$0$0$0
MARK BECKER
BOARD DIRECTOR0.10$0$0$0
EILEEN BERTOZZI
BOARD DIRECTOR0.10$0$0$0
DON BORNHORST
BOARD DIRECTOR0.10$0$0$0
RANDY BOUSHEK
BOARD DIRECTOR0.10$0$0$0
FieldValueIRS element (for citing)
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt0ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI0OrganizationHadUBIInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Direct Indirect Pltcl Expend$0DirectIndirectPltclExpendAmt
Made Loans To From Officers0MadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CHERYL BUTZBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line181 S NINTH STREET 200AddressLine1Txt
CityMINNEAPOLISCityNm
State AbbreviationMNStateAbbreviationCd
ZIP55402ZIPCd
FieldValueIRS element (for citing)
Phone6123709141PhoneNum
FieldValueIRS element (for citing)
Foreign Financial Account0ForeignFinancialAccountInd
Foreign Office0ForeignOfficeInd
Donor Advised Fnds0DonorAdvisedFndsInd
Operate Hospital0OperateHospitalInd
Tanning Services Provided0TanningServicesProvidedInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
School Operating0SchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (1)FiledScheduleAInd

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$470,250CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$327,900CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$354,350CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$13,550CurrentTaxYearMinus1YearAmt
Current Tax Year$17,850CurrentTaxYearAmt
Total$1,183,900TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$470,250CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$327,900CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$354,350CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$13,550CurrentTaxYearMinus1YearAmt
Current Tax Year$17,850CurrentTaxYearAmt
Total$1,183,900TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,006,610SubstantialContributorsTotAmt
Public Support Total170$177,290PublicSupportTotal170Amt
Total Support$1,183,900TotalSupportAmt
Public Support CY1700.14980PublicSupportCY170Pct
Public Support PY1700.27940PublicSupportPY170Pct
Ten Pct Facts Crcmstncs Test CYYes (X)TenPctFactsCrcmstncsTestCYInd
Facts And Circumstances TestTHE 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

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 O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSESDESCRIPTION: 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 LIABILITIESDESCRIPTION: 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

FieldValueIRS element (for citing)
DeclarationTHE 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

Comments

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