2015-05-20T11:47:58-05:00 2014-12-31 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2014-01-01 411378952 SAINT PAUL AREA CHAMBER OF COMMERCE CHARITABLE FOUNDATION SAIN 6122235000 401 NORTH ROBERT STREET NO 150 ST PAUL MN 55101 MATT KRAMER PRESIDENT 6122235000 2015-05-19 1 JOHN TAUER P00294068 6123764500 2014 2016-02-25 16:41:14Z MATT KRAMER 401 NORTH ROBERT STREET NO 150 ST PAUL MN 55101 457098 0 X WWW.STPAULCHAMBER.COM X 1976 MN TO GROW STRONG LEADERS AND PREPARE TOMORROW'S EMPLOYEES. 20 19 0 20 0 0 652835 268154 125329 157039 95 1905 23600 17000 801859 444098 43500 0 0 0 57996 151371 0 0 43718 88155 166310 189651 317681 612208 126417 808916 955896 87626 108189 721290 847707 X THE SAINT PAUL AREA CHAMBER OF COMMERCE CHARITABLE FOUNDATION IS THE FUND DEVELOPMENT ARM OF THE CHAMBER THAT MAKES IT POSSIBLE FOR THE CHAMBER TO MORE FULLY REALIZE ITS VISION. THE FOUNDATION'S MISSION IS TO MAKE TARGETED INVESTMENTS TO DEVELOP AND SUPPORT ENGAGED LEADERS WHO ENHANCE A VIBRANT EAST METRO BUSINESS COMMUNITY. 1 1 139677 0 115823 LEADERSHIP ST. PAUL (LSP): LSP IS THE CHAMBER'S FLAGSHIP ADULT LEARNING PROGRAM CENTERED ON COMMUNITY LEADERSHIP THAT PREPARES, CHALLENGES, AND ENGAGES EMERGING AND EXISTING LEADERS TO STRENGTHEN THE SAINT PAUL/EAST METRO REGION. THE CLASS HAS A MONTHLY PROGRAM DAY AND COMMUNITY PROJECTS TO COMPLETE IN GROUPS. IN 2014, THE FOUNDATION GRADUATED 52 INDIVIDUALS WHO COMPLETED EIGHT PROJECTS FOR NONPROFIT ORGANIZATIONS. 43929 0 41216 RIGHT TRACK PROGRAM: THE CHAMBER PROMOTES AND RECRUITS MEMBERS TO PARTICIPATE IN THE CITY OF SAINT PAUL'S RIGHT TRACK PROGRAM WHICH IS RUN BY THE FOUNDATION. THE RIGHT TRACK PROGRAM TARGETS STUDENTS IN THE SAINT PAUL PUBLIC SCHOOL SYSTEM WITH SUMMER INTERNSHIPS AT PARTICIPATING BUSINESSES. 0 0 0 OTHER: SUPPORT OF EVENTS, MEETINGS, AND PUBLICATIONS THAT PROVIDE THE ADVANCEMENT OF CIVIC, SOCIAL, COMMERCIAL, AND ECONOMIC INTERESTS OF THE CITY OF SAINT PAUL AND SURROUNDING EAST METRO AREA. 183606 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 7 1 1 0 0 0 0 0 0 0 0 0 0 0 X 20 19 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 MN X X MATT KRAMER 6122235000 401 NORTH ROBERT STREET NO 150 ST PAUL MN 55101 MATT KRAMER PRESIDENT & SECRETARY 4.00 40.00 X X 0 208951 14810 KATE KELLY CHAIR 0.30 0.00 X X 0 0 0 JIM MULROONEY CHAIR ELECT 0.30 0.00 X X 0 0 0 KELLY LARSON TREASURER 0.30 0.00 X X 0 0 0 MICHAEL ANDERSON DIRECTOR 0.30 0.00 X 0 0 0 TRACY BERGLUND DIRECTOR 0.30 0.00 X 0 0 0 RYAN BIERWERTH DIRECTOR 0.30 0.00 X 0 0 0 JOAN SIEWERT CARDONA DIRECTOR 0.30 0.00 X 0 0 0 LIA CHRISTIANSEN DIRECTOR 0.30 0.00 X 0 0 0 GREGG CUMMINGS DIRECTOR 0.30 0.00 X 0 0 0 ERIN DADY DIRECTOR 0.30 0.00 X 0 0 0 JAMES DOUGHERTY DIRECTOR 0.30 0.00 X 0 0 0 DON EMERY DIRECTOR 0.30 0.00 X 0 0 0 NATALIE FEDIE DIRECTOR 0.30 0.00 X 0 0 0 JENNIFER HELLMAN DIRECTOR 0.30 0.00 X 0 0 0 CHRISTINA KOPPANG DIRECTOR 0.30 0.00 X 0 0 0 MARC MANDERSCHEID DIRECTOR 0.30 0.00 X 0 0 0 ZACK RYAN DIRECTOR 0.30 0.00 X 0 0 0 JILL SKOGHEIM DIRECTOR 0.30 0.00 X 0 0 0 RACHEL WOBSCHALL DIRECTOR 0.30 0.00 X 0 0 0 0 208951 14810 0 0 1 0 0 268154 268154 PROGRAM REVENUE 900099 140354 140354 SPONSORSHIPS 900099 16685 16685 157039 1905 1905 30000 13000 17000 17000 444098 157039 0 18905 139791 97853 6990 34948 11580 8106 579 2895 23463 23463 14944 14944 8449 5915 422 2112 15052 10536 753 3763 580 580 DIRECT PROGRAM/COMMITTE 100826 60696 40130 COMMUNITY INVOLVEMENT 500 500 REPAIRS/MAINTENANCE 250 250 2246 2246 317681 183606 90357 43718 0 158700 799079 773900 9278 23296 559 0 808916 955896 5483 18733 82143 89456 87626 108189 X 114767 155555 606523 692152 721290 847707 808916 955896 126417 0 X 0 1 X 1 0 X 54890 55768 63614 652835 268154 1095261 54890 55768 63614 652835 268154 1095261 504874 590387 431 229 166 95 1905 2826 74 30000 30074 1128161 511914 0.52330 0.42770 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME GAMING INCOME 0 X 2269122 1825024 1825024 444098 0 444098 1976793 1659112 1659112 317681 0 317681 PART X, LINE 2: THE SAINT PAUL CHAMBER OF COMMERCE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE, SINCE IT IS AN ORGANIZATION DESCRIBED UNDER SECTION 501(C)(3), AND COMPARABLE SECTIONS OF THE MINNESOTA STATUTES. THE FOUNDATION HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION AS DEFINED BY THE INTERNAL REVENUE CODE. THE FOUNDATION'S FEDERAL TAX FILINGS FOR 2011 THROUGH 2013 ARE OPEN FOR EXAMINATION BY THE INTERNAL REVENUE SERVICE AND STATE AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE OF RELATED ORGANIZATION REPORTED ON A SEPARATE RETURN 1,812,024. DIRECT EXPENSES FROM GAMING ACTIVITY 13,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES OF RELATED ORGANIZATION REPORTED ON A SEPARATE RETURN 1,646,112. DIRECT EXPENSES FROM GAMING ACTIVITY 13,000. 30000 13000 1 0.90000 30000 13000 13000 17000 MN 1 0 0 0 1.00000 0.00000 ELISA RASMUSSEN 401 NORTH ROBERT STREET SUITE 150 ST PAUL MN 55101 0 ELISA RASMUSSEN 0 TRACK RAFFLE TICKET SALES AND PAYMENTS X 0 0 0 0 0 0 0 0 0 0 MATT KRAMER PRESIDENT & SECRETARY 0 180000 0 28951 0 0 0 11503 0 3307 0 223761 0 0 FORM 990 SCHEDULE J PART I LINE 3 THE FOUNDATION RELIES ON A RELATED ORGANIZATION, SAINT PAUL AREA CHAMBER OF COMMERCE TO DETERMINE THE COMPENSATION FOR THE PRESIDENT. THE RELATED ORGANIZATION USED THE FOLLOWING METHODS TO DETERMINE THE COMPENSATION FOR THE PRESIDENT: 1) FORM 990 OF OTHER ORGANIZATIONS 2) APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE FORM 990, PART III, LINE 2 THE FOUNDATION STARTED THE RIGHT TRACK PROGRAM FOLLOWING BOARD APPROVAL OF THE NEW PROGRAM. FORM 990, PART III, LINE 3 THE FOUNDATION CEASED ITS SCHOLARSHIP PROGRAM. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE IS COMPOSED OF THE CHAIR, CHAIR-ELECT, TREASURER, PRESIDENT, AND OTHER MEMBERS OF THE BOARD OF DIRECTORS AS DEEMED APPROPRIATE BY THE CHAIR. THE CHAIR OF THE BOARD SERVES AS THE CHAIR OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE ACTS FOR AND ON BEHALF OF THE BOARD OF DIRECTORS WHEN THE BOARD IS NOT IN SESSION. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE FOUNDATION IS THE SAINT PAUL AREA CHAMBER OF COMMERCE, A MINNESOTA NONPROFIT CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE FOUNDATION'S BOARD OF DIRECTORS ARE ELECTED BY THE SOLE MEMBER. THE BOARD OF DIRECTORS CONSISTS OF UP TO 21 INDIVIDUALS, INCLUDING THE FOLLOWING WHO ARE EX-OFFICIO, VOTING DIRECTORS: THE PRESIDENT AND THE TREASURER OF THE SAINT PAUL AREA CHAMBER OF COMMERCE. FORM 990, PART VI, SECTION A, LINE 7B AMENDMENTS TO THE FOUNDATION'S BYLAWS MUST BE APPROVED BY THE SOLE MEMBER. FORM 990, PART VI, SECTION B, LINE 11 THE FULL BOARD REVIEWED AND APPROVED THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION'S CONFLICT OF INTEREST POLICY COVERS ALL OFFICERS, DIRECTORS, AND EXECUTIVES INCLUDING THOSE AS DESIGNATED ANNUALLY BY THE PRESIDENT OF THE CHAMBER WHO ARE REQUIRED TO ANNUALLY REPORT RELATIONSHIPS WHICH MAY GIVE RISE TO A CONFLICT OF INTEREST. IF A POTENTIAL CONFLICT OF INTEREST EXISTS, SAID OFFICER, DIRECTOR, OR EXECUTIVE SHALL GIVE THE BOARD OF DIRECTORS OF THE FOUNDATION NOTICE OF SUCH CONFLICT OF INTEREST OR RELATIONSHIP AND SHALL THEREAFTER REFRAIN FROM VOTING OR OTHERWISE ATTEMPTING TO EXERT ANY INFLUENCE ON THE CHAMBER TO AFFECT ITS DECISION TO PARTICIPATE OR NOT PARTICIPATE IN SUCH TRANSACTION. THE REMAINING MEMBERS OF THE BOARD OF DIRECTORS SHALL DETERMINE IF AN ACTUAL CONFLICT OF INTEREST EXISTS. ALL PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION DOES NOT MAKE ITS ORGANIZATIONAL DOCUMENTS, FINANCIAL STATEMENTS, OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. SAINT PAUL AREA CHAMBER OF COMMERCE 401 NORTH ROBERT STREET SUITE 150 ST PAUL MN 55101 410518490 CHAMBER OF COMMERCE MN 501(C)(6) N/A N/A 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 0 0 SAINT PAUL AREA CHAMBER OF COMMERCE O 63087 COST