2015-03-10T12:54:39-05:00 2014-10-31 BKD LLP 201 N Illinois Street Indianapolis IN 46204 990 2013-11-01 350411610 Indiana Chamber of Commerce Inc % DARLA BARNETT INDI 3172646879 115 WEST WASHINGTON STREET Suite 850 S INDIANAPOLIS IN 46204 KEVIN M BRINEGAR PRESIDENT AND CEO 3172646879 2015-03-15 true NICOLE B FISHBACK P01279475 3172646879 2013 2016-02-25 16:41:14Z KEVIN M BRINEGAR 115 W WASHINGTON ST STE 850S INDIANAPOLIS IN 46204 8546819 false X WWW.INDIANACHAMBER.COM X 1922 IN PARTNER WITH 17,000 MEMBERS & INVESTORS, OR 3 MILLION HOOSIERS, TO ACHIEVE THE MISSION OF "CULTIVATING A WORLD- CLASS ENVIRONMENT WHICH PROVIDES ECONOMIC OPPORTUNITY & PROSPERITY." 17 17 58 395 0 0 0 0 7824673 7743510 205793 203673 0 0 8030466 7947183 0 0 0 0 5206550 4919895 0 0 0 2765890 2691012 7972440 7610907 58026 336276 6306159 6889055 3684584 5436386 2621575 1452669 X TO CULTIVATE A WORLD-CLASS ENVIRONMENT WHICH PROVIDES ECONOMIC OPPORTUNITY AND PROSPERITY FOR THE PEOPLE OF INDIANA AND THEIR ENTERPRISES. SEE SCHEDULE O. false false SIX FULL-TIME LOBBYISTS WITH EXPERTISE IN A VARIETY OF SUBJECT AREAS WORK WITH LEGISLATIVE AND REGULATORY OFFICIALS AT THE STATE AND FEDERAL LEVELS TO HELP PRODUCE THE BEST BUSINESS CLIMATE FOR INDIANA COMPANIES AND THEIR EMPLOYEES. THEY WORK TO SERVE THE NEEDS OF MEMBER COMPANIES AND THE BROADER BUSINESS COMMUNITY. THE INDIANA CHAMBER IS A LEADING PROVIDER OF EMPLOYEE TRAINING CONFERENCES FOR MEMBERS (WHO RECEIVE SIGNIFICANT DISCOUNTS) AND OTHERS IN THE BUSINESS COMMUNITY. KEY TOPICS INCLUDE HUMAN RESOURCES, SAFETY AND HEALTH, WELLNESS, TAX AND OTHER ISSUES. APPROXIMATELY 56 PROGRAMS SERVED MORE THAN 8,000 INDIVIDUALS IN 2014. MEMBERS OF THE INDIANA CHAMBER COME FROM ALL 92 COUNTIES IN THE STATE, A WIDE VARIETY OF INDUSTRIES, AND REPRESENTS BUSINESSES OF ALL SIZES. MEMBERS RECEIVE FREE ACCESS TO A NUMBER OF BENEFITS INCLUDING HELPLINE ASSISTANCE AND CUSTOMIZED BUSINESS RESEARCH, AS WELL AS DISCOUNTS ON OTHER PROGRAMS AND SERVICES. false false false true false false false false false true false false false true false false true false false false false false false false false false false false true false false false false false false false false false false false false false true true true false true 18 0 true 58 true false false false false true true false false false false false X 17 17 false false false false true false false true true false false true true true true true true true true false IN X DARLA BARNETT 3172646879 115 W WASHINGTON ST STE 850 S INDIANAPOLIS IN 46204 DON ALTEMEYER DIRECTOR 1.0 0.0 X 0 0 0 CHUCK BALDWIN DIRECTOR 1.0 0.0 X 0 0 0 PHIL BOUNSALL DIRECTOR, TREASURER 1.0 0.0 X X 0 0 0 RON CHRISTIAN DIRECTOR 1.0 1.0 X 0 0 0 TOM EASTERDAY DIRECTOR, VICE CHAIR 1.0 1.0 X X 0 0 0 MIKE EVANS DIRECTOR 1.0 0.0 X 0 0 0 ED HAFER DIRECTOR 1.0 0.0 X 0 0 0 TIM HAFFNER DIRECTOR 1.0 0.0 X 0 0 0 MIKE HARRINGTON DIRECTOR 1.0 0.0 X 0 0 0 TOM HIRONS DIRECTOR 1.0 1.0 X 0 0 0 DAYTON MOLENDORP DIRECTOR 1.0 0.0 X 0 0 0 BYRON MYERS DIRECTOR 1.0 0.0 X 0 0 0 JEAN NEEL DIRECTOR 1.0 0.0 X 0 0 0 RAE PEARSON DIRECTOR 1.0 0.0 X 0 0 0 PATTY PROSSER DIRECTOR, CHAIR 1.0 1.0 X X 0 0 0 KERRY STEMLER DIRECTOR 1.0 1.0 X 0 0 0 PAUL THRIFT DIRECTOR 1.0 1.0 X 0 0 0 KEVIN BRINEGAR PRESIDENT AND CEO 45.0 5.0 X 316707 0 179154 DARLA BARNETT VP FINANCE AND CFO 50.0 0.0 X 131749 0 70566 JENNIFER ELKIN SR VP MARKETING 40.0 10.0 X 189787 0 66207 MARK LAWRANCE SR VP FDN AND OPS 40.0 10.0 X 160482 0 102306 JEFF BRANTLEY VP POLITICAL AFFAIRS 40.0 10.0 X 151544 0 19950 TIM BREWER VP MEMBERSHIP 50.0 0.0 X 141426 0 30717 CAM CARTER VP SMALL BUSINESS AND ECONOMIC 50.0 0.0 X 144043 0 20534 DEREK REDELMAN VP EDUCATION 50.0 0.0 X 141944 0 41664 JIM WAGNER DIRECTOR BUSINESS DEVELOPMENT 50.0 0.0 X 179986 0 55515 1557668 0 586613 13 false true false NA 0 0 MEETING & SEMINAR 721000 1942361 1942361 PUB/ROYALTIES 721000 445181 445181 INDIANA INTERNNET 900099 385911 385911 MEMBERSHIP DUES 900099 3949205 3949205 PROJECT INCOME 900099 848044 848044 172808 172808 7743510 67176 67176 0 0 0 0 0 736133 599168 468 136965 -468 136497 -468 136965 0 0 0 0 7947183 7743042 204141 0 0 0 0 1216958 0 2842862 204513 382568 272994 0 0 100649 14291 0 0 307522 58431 271138 151987 0 464614 127961 0 972711 2679 0 153031 32203 MISCELLANEOUS EXPENSE 33795 7610907 210 210 317581 886718 0 0 551543 500003 0 0 0 0 0 0 0 0 524434 566660 1604081 1248042 445802 356039 4465589 4519550 1000 1000 0 0 0 58875 0 0 6306159 6889055 737407 2495665 0 0 795003 897638 0 0 0 0 0 0 0 0 0 0 2152174 2043083 3684584 5436386 X 2621575 1452669 0 0 0 0 2621575 1452669 6306159 6889055 X 336276 142440 -1647622 X false true X true false false false true 4027378 412066 -313772 98294 402738 -304444 59720 29227 30493 1544361 1218815 325546 356039 0 UNEARNED DUES 2043083 2043083 6554980 142440 112979 255419 6299561 1647622 1647622 7947183 7723886 112979 112979 7610907 7610907 SCHEDULE D, PART X ASC 740 DISCLOSURE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. SCHEDULE D, PART XI, LINE 4B OTHER ADJUSTMENTS FAS 158 MINIMUM PENSION LIABILITY ADJUSTMENT: $1,647,622 X X true true X X X X X X false false false KEVIN BRINEGAR PRESIDENT AND CEO 274829 0 40000 0 1878 0 152199 0 26955 0 495861 0 0 0 DARLA BARNETT VP FINANCE AND CFO 120197 0 11000 0 552 0 59874 0 10692 0 202315 0 0 0 JENNIFER ELKIN SR VP MARKETING 177427 0 12000 0 360 0 61445 0 4762 0 255994 0 0 0 MARK LAWRANCE SR VP FDN AND OPS 148450 0 11000 0 1032 0 83301 0 19005 0 262788 0 0 0 JEFF BRANTLEY VP POLITICAL AFFAIRS 146184 0 5000 0 360 0 4774 0 15176 0 171494 0 0 0 TIM BREWER VP MEMBERSHIP 41312 0 99913 0 201 0 20292 0 10425 0 172143 0 0 0 CAM CARTER VP SMALL BUSINESS AND ECONOMIC 138683 0 5000 0 360 0 9806 0 10728 0 164577 0 0 0 DEREK REDELMAN VP EDUCATION 139354 0 2500 0 90 0 13543 0 28121 0 183608 0 0 0 JIM WAGNER DIRECTOR BUSINESS DEVELOPMENT 48515 0 129986 0 1485 0 45029 0 10486 0 235501 0 0 0 SCHEDULE J, PART 1, QUESTION 1A SOCIAL CLUB DUES AND SPOUSAL TRAVEL INDIANA CHAMBER OF COMMERCE PAYS SOCIAL CLUB DUES FOR KEVIN BRINEGAR. THESE SOCIAL CLUB DUES ARE USED FOR BUSINESS PURPOSES AND ANY PERSONAL USE IS INCLUDED IN HIS W-2. AS PRESIDENT, KEVIN BRINEGAR'S SPOUSE TRAVEL IS ALLOWED ONLY FOR THE COUNCIL OF STATE CHAMBER MEETINGS HELD SEMI-ANNUALLY. FORM 990, PART III, LINE 1 ORGANIZATON'S MISSION SUMMARY OF STRATEGIC KEY THEMES - ALIGN EFFORTS AROUND STRATEGIC PRIORITIES - LEVERAGE STATEWIDE FOOTPRINT - FULLY UTILIZE BOARD OF DIRECTORS - FURTHER ENHANCE MEMBERSHIP PARTICIPATION AND ROI - INCREASE COLLABORATION ON STRATEGIC ISSUES STATEWIDE - ADVANCE KNOWLEDGE OF CRITICAL ISSUES IMPACTING INDIANA'S ECONOMY - PURSUE AND MAINTAIN A HIGH LEVEL OF TRUST FORM 990, PART VI, QUESTION 6 CLASSES OF MEMBERS OR STOCKHOLDERS THE INDIANA CHAMBER OF COMMERCE, INC. IS A NOT-FOR-PROFIT CORPORATION WITH MEMBERS THAT RECEIVE BENEFITS. FORM 990, PART VI, QUESTION 11A PROCESS TO REVIEW THE FORM 990 THE 990 IS REVIEWED IN DETAIL BY THE TREASURER, THE FINANCE AND AUDIT COMMITTEE, AND AN INDEPENDENT ACCOUNTING FIRM PRIOR TO FILING. IN ADDITION, A HARD COPY OF THE FORM 990 IS DISTRIBUTED TO FULL VOTING MEMBERS OF THE BOARD (EXECUTIVE COMMITTEE) FOR THEIR REVIEW PRIOR TO FILING. FORM 990, PART VI, QUESTION 12C PROCESS FOR MONITORING COMPLIANCE WITH CONFLICT OF INTEREST POLICY A QUESTIONNAIRE IS SENT OUT ANNUALLY TO ALL OFFICERS, DIRECTORS, AND KEY EMPLOYEES TO DISCLOSE PERSONAL AND BUSINESS RELATIONSHIPS. THE QUESTIONNAIRES ARE REVIEWED ANNUALLY. IF A CONFLICT EXISTS RESTRICTIONS WILL BE IMPOSED ON PERSONS WITH A CONFLICT SUCH AS PROHIBITING THEM FROM PARTICIPATING IN THE GOVERNING BODY'S DELIBERATIONS AND DECISIONS IN THE TRANSACTIONS. FORM 990, PART VI, QUESTION 15A & 15B REVIEW OF CEO, TOP MGMT OFFICIAL, AND KEY EMPLOYEES COMPENSATION THE PROCESS FOR DETERMINING COMPENSATION OF THE CEO AND KEY EMPLOYEES INVOLVES AN ANNUAL REVIEW AND APPROVAL FROM THE COMPENSATION COMMITTEE AND THE EXECUTIVE COMMITTEE AS WELL AS A COMPENSATION STUDY. THE COMPENSATION STUDY IS DERIVED FROM OUTSIDE THIRD PARTIES SUCH AS THE US CHAMBER OF COMMERCE, THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES, THE COUNCIL OF STATE CHAMBERS AND GUIDESTAR. THE PRESIDENT'S LAST COMPENSATION REVIEW WAS IN NOVEMBER 2014. FORM 990, PART VI, QUESTION 19 PUBLIC DISCLOSURE THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS (BYLAWS) AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC ON THE INDIANA CHAMBER OF COMMERCE WEBSITE. FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS OR FUND BALANCES FAS 158 MINIMUM PENSION LIABILITY ADJUSTMENT $ -1,647,622 FORM 990, PART XI CHANGES TO DEFINED BENEFIT PLAN THE BOARD OF DIRECTORS VOTED TO TERMINATE THE ORGANIZATION'S DEFINED-BENEFIT PENSION PLAN AND FREEZE THE ACCRUAL OF BENEFITS AS OF FEBRUARY 20, 2014. IN CONJUNCTION WITH THE PLAN TERMINATION, THE ORGANIZATION ALSO ADOPTED AN AMENDMENT TO CREDIT PARTICIPANTS WITH ADDITIONAL YEARS OF SERVICE, UP TO A MAXIMUM OF THREE YEARS, BASED UPON THE LENGTH OF THEIR EMPLOYMENT. THE ADDITIONAL YEARS OF SERVICE IS CAPPED WHEN PARTICIPANTS REACH A TOTAL OF THIRTY YEARS OF SERVICE. THIS AMENDMENT LED TO AN INCREASE IN THE PROJECTED BENEFIT OBLIGATION. INDIANA CHAMBER OF COMMERCE FOUNDATION 115 W WASHINGTON ST STE 850 S INDIANAPOLIS IN 46204 311010164 RESEARCH IN 501(C)3 11B TYPE II ICC true INDIANA BUSINESS FOR RESPONSIVE GOVT 115 W WASHINGTON ST STE 850 S INDIANAPOLIS IN 46204 351789566 STATE PAC IN 527 N/A ICC true INDIANA CHAMBER CONGRESSIONAL ACTION COM 115 W WASHINGTON ST STE 850 S INDIANAPOLIS IN 46204 208089741 FEDERAL PAC IN 527 N/A ICC true WELLNESS COUNCIL OF INDIANA 115 W WASHINGTON ST STE 850 S INDIANAPOLIS IN 46204 351742510 WELLNESS ED IN 501(C)3 9 ICC true INDIANA CHAMBER SERVICES INC 115 W WASHINGTON STREET STE 850 S INDIANAPOLIS IN 46204 204531629 MARKETING IN IN CHAMBER C CORP 617632 381390 1.00000 true false false false false false false false false false false false false false true true false true false false INDIANA CHAMBER OF COMMERCE FOUNDATION N, O, 397994 COST/HOURS INDIANA BUSINESS FOR RESPONSIVE GOVT N, O, 45472 COST/HOURS WELLNESS COUNCIL OF INDIANA N, O, 297744 COST/HOURS INDIANA CHAMBER SERVICES INC N, O, 330270 COST/HOURS SCHEDULE R, PART IV, LINE 1 DIRECT CONTROLLING ENTITY INDIANA CHAMBER OF COMMERCE, INC. IS THE DIRECT CONTROLLING ENTITY OF INDIANA CHAMBER OF COMMERCE FOUNDATION, INDIANA BUSINESS FOR RESPONSIVE GOVERNMENT, INDIANA CHAMBER CONGRESSIONAL ACTION COMMITTEE, WELLNESS COUNCIL OF INDIANA, AND INDIANA CHAMBER SERVICES, INC.