2015-11-12T14:07:42-06:00 2014-12-31 346565596 Ernst and Young US LLP 111 Monument Circle Ste 4000 Indianapolis IN 46204 990 2014-01-01 530045720 Chamber of Commerce of the USA CHAM 2024635590 1615 H Street NW Washington DC 200622000 Stan M Harrell SVP, CFO & CIO 2024635590 2015-11-12 1 Jennifer Rhoderick P00395735 3176817000 2014 2016-04-25 22:37:26Z Stan M Harrell 1615 H Street NW Washington DC 200622000 206100613 0 X www.uschamber.com X 1915 DC To advance human progress through an economic, (Please see Schedule O for the continuation)political, and social system based on individual freedom, incentive, opportunity and responsibility. 121 119 433 0 342829 0 155989771 196792567 2178555 2285090 5637 7002 6756211 6921201 164930174 206005860 0 0 0 0 87336254 92531684 1050752 1145763 0 73585215 110143512 161972221 203820959 2957953 2184901 94624484 81090858 123888291 134467479 -29263807 -53376621 X The Chamber of Commerce serves its members and the nation's business community by analyzing national economic and social issues and by helping legislators and national leaders to shape policies and proposals to foster the development of American business. 0 0 Research and track issues affecting the business community and support pro-business legislation, regulations, and political activities. Enhance the competitiveness of business in the global marketplace. Lobby for business' trade agendas and manage programs that educate American companies about trade opportunites. Work closely with associations and state and local chambers of commerce to build awareness of and involvement in top policy issues and generate grassroots momentum. Recruit and retain members and coordinate member relations. 0 1 1 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 1 1 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 1 369 0 1 433 1 1 1 1 IN 0 0 1 1 0 X 121 119 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X Stan M Harrell 2024635590 1615 H Street NW Washington DC 200622000 David Adkisson Director 1.00 X 0 0 0 Robert O Agbede Director 1.00 X 0 0 0 Harry C Alford Director 1.00 X 0 0 0 Anthony J Allott Director 1.00 X 0 0 0 Stewart Alvarez Director 1.00 X 0 0 0 Scott Anderson Director 1.00 X 0 0 0 Lee R Anderson Sr Director 1.00 X 0 0 0 John W Bachmann Treasurer/Director 1.00 X X 0 0 0 Charles E Barnes Sr Director 1.00 X 0 0 0 Hector V Barreto Director 1.00 X 0 0 0 Lane Beattie Director 1.00 X 0 0 0 Sandra Beaty Director 1.00 X 0 0 0 Kathy G Beckett Director 1.00 X 0 0 0 Thomas D Bell Jr Senior Council/Director 1.00 X X 0 0 0 Jorge L Benitez Director 1.00 X 0 0 0 Gary C Bhojwani Director 1.00 X 0 0 0 John F Biagas Director 1.00 X 0 0 0 Jan Jones Blackhurst Director 1.00 X 0 0 0 Phillip D Brady Director 1.00 X 0 0 0 Chuck Brymer Director 1.00 X 0 0 0 John Cannon Director 1.00 X 0 0 0 Red Cavaney Director 1.00 X 0 0 0 Norman C Chambers Director 1.00 X 0 0 0 James W Cicconi Director 1.00 X 0 0 0 Ken W Cole Director 1.00 X 0 0 0 Kevin M Connelly Director 1.00 X 0 0 0 Adam Cooper Director 1.00 X 0 0 0 Charles Copeland Director 1.00 X 0 0 0 Joseph W Craft III Reg Vice Chair Southcentral/Director 1.00 X X 0 0 0 Ralph de la Torre Director 1.00 X 0 0 0 Nicholas J DeIuliis Reg Vice Chair Great Lakes/Director 1.00 X X 0 0 0 Wayne S DeVeydt Director 1.00 X 0 0 0 Maura W Donahue Director 1.00 X 0 0 0 Thomas J Donohue President & CEO/Director 40.00 1.00 X X 6134741 0 62729 Michael L Ducker Vice Chair/Director 1.00 X X 0 0 0 Carrie E Dwyer Director 1.00 X 0 0 0 Fuad El-Hibri Director 1.00 X 0 0 0 Patricia Elizondo Director 1.00 X 0 0 0 David R Emery Director 1.00 X 0 0 0 Daniel F Evans Jr Director 1.00 X 0 0 0 Robert D Fatovic Director 1.00 X 0 0 0 Patrick M Finken Director 1.00 X 0 0 0 Martin G Foster Director 1.00 X 0 0 0 Mark D French Director 1.00 X 0 0 0 Craig L Fuller Director 1.00 X 0 0 0 Walter J Galvin Director 1.00 X 0 0 0 Bruce A Gates Director 1.00 X 0 0 0 Michael J Graff Director 1.00 X 0 0 0 Ernest Green Jr Director 1.00 X 0 0 0 James M Guyette Director 1.00 X 0 0 0 W Melvin Haas III Director 1.00 X 0 0 0 James L Hebe Director 1.00 X 0 0 0 Kevin Herglotz Director 1.00 X 0 0 0 S Dale High Director 1.00 X 0 0 0 Scott L Holman Sr Director 1.00 X 0 0 0 John L Hopkins Director 1.00 X 0 0 0 CA Howlett Director 1.00 X 0 0 0 Thomas Hutchison III Director 1.00 X 0 0 0 Gregory Irace Reg Vice Chair East/Director 1.00 X X 0 0 0 Harold L Jackson Director 1.00 X 0 0 0 David Jacobson Director 1.00 X 0 0 0 Donald M James Director 1.00 X 0 0 0 James M Jaska Director 1.00 X 0 0 0 Boland T Jones Director 1.00 X 0 0 0 Paul W Jones Director 1.00 X 0 0 0 Fred Kaiser Director 1.00 X 0 0 0 Philip D Kennedy Director 1.00 X 0 0 0 David E Kepler Director 1.00 X 0 0 0 Paul J Klaassen Director 1.00 X 0 0 0 Klaus Kleinfeld Director 1.00 X 0 0 0 Jessie J Knight Jr Director 1.00 X 0 0 0 Laura Lane Director 1.00 X 0 0 0 Greg Lebedev Consultant/Director 28.00 1.00 X 260000 0 8900 Michael A Leven Director 1.00 X 0 0 0 Stuart L Levenick Director 1.00 X 0 0 0 Hank Linginfelter Director 1.00 X 0 0 0 William G Little Director 1.00 X 0 0 0 Christopher B Lofgren PhD Director 1.00 X 0 0 0 Tamara L Lundgren Chairman/Director 1.00 X X 0 0 0 Andrew D Lundquist Director 1.00 X 0 0 0 Ted Mathas Director 1.00 X 0 0 0 Richard H McClure Director 1.00 X 0 0 0 Thomas V McKernan Director 1.00 X 0 0 0 Richard L McNeel Director 1.00 X 0 0 0 James W Mendenhall Director 1.00 X 0 0 0 Randy Milch Director 1.00 X 0 0 0 Rance C Miles Reg Vice Chair Southwest/Director 1.00 X X 0 0 0 Darlene M Miller Director 1.00 X 0 0 0 Robert S Milligan Sr Cncl/Reg Vice Chr Mdwst/Dir 1.00 X X 0 0 0 Dayton H Molendorp Director 1.00 X 0 0 0 Maritza Montiel Director 1.00 X 0 0 0 David Muhlendorf Director 1.00 X 0 0 0 Susan K Neely Director 1.00 X 0 0 0 Brian O'Hara Director 1.00 X 0 0 0 Mark Ordan Director 1.00 X 0 0 0 Patricia Owen Director 1.00 X 0 0 0 Daniel F Packer Director 1.00 X 0 0 0 Peter Paoli Director 1.00 X 0 0 0 Manuel J Perez de la Mesa Director 1.00 X 0 0 0 Wolfgang G Pordzik Director 1.00 X 0 0 0 James M Power Director 1.00 X 0 0 0 Randal K Quarles Director 1.00 X 0 0 0 Jeffrey K Rageth Director 1.00 X 0 0 0 Joseph M Rigby Director 1.00 X 0 0 0 James H Roberts Director 1.00 X 0 0 0 Tchad Robinson Director 1.00 X 0 0 0 James E Rogers Director 1.00 X 0 0 0 Stephen J Rohleder Director 1.00 X 0 0 0 Matthew K Rose Director 1.00 X 0 0 0 John Ruan III Senior Council/Director 1.00 X X 0 0 0 Kim T Rumph Director 1.00 X 0 0 0 Edward B Rust Jr Chairman Comp Comm/ Director 1.00 X X 0 0 0 David T Seaton Director 1.00 X 0 0 0 Gerald L Shaheen Senior Council/Director 1.00 X X 0 0 0 Donald J Shepard Senior Council/Director 1.00 X X 0 0 0 Rajendra Singh Director 1.00 X 0 0 0 Suzanne Sitherwood Director 1.00 X 0 0 0 Christel Slaughter PhD Director 1.00 X 0 0 0 Edgar L Smith Jr Director 1.00 X 0 0 0 Paul S Speranza Jr Senior Council/Director 1.00 X X 0 0 0 Eric A Spiegel Director 1.00 X 0 0 0 James A Squires Director 1.00 X 0 0 0 Charles R Stamp Jr Director 1.00 X 0 0 0 James E Stephenson Director 1.00 X 0 0 0 Donald J Sterhan Director 1.00 X 0 0 0 Richard K Studley Director 1.00 X 0 0 0 Frank Sullivan Director 1.00 X 0 0 0 Brandon W Sweitzer Director 1.00 X 0 0 0 Richard J Tobin Director 1.00 X 0 0 0 Mark S Towe Director 1.00 X 0 0 0 Mick Truitt Director 1.00 X 0 0 0 Robert N Trunzo Director 1.00 X 0 0 0 Harold Turner Jr Director 1.00 X 0 0 0 Joseph Ucuzoglu Director 1.00 X 0 0 0 Steve Van Andel Chairman Exec Comm/ Director 1.00 X X 0 0 0 Stephen R Van Meter Director 1.00 X 0 0 0 Frank L VanderSloot Director 1.00 X 0 0 0 Roland H Vaughan Director 1.00 X 0 0 0 LeRoy Walker Jr Director 1.00 X 0 0 0 Edward Wanandi Director 1.00 X 0 0 0 Mark E Watson III Director 1.00 X 0 0 0 Robert C Weber Director 1.00 X 0 0 0 Ronald E Weinberg Director 1.00 X 0 0 0 Thomas J Wilson Director 1.00 X 0 0 0 Christopher C Womack Reg Vice Chair Southeast/Director 1.00 X X 0 0 0 Joan Woodward Director 1.00 X 0 0 0 James M Wordsworth Director 1.00 X 0 0 0 Elanna S Yalow Director 1.00 X 0 0 0 Lily Fu Claffee SVP, USCC; SVP, Gnrl Cnsl & CLO 40.00 5.00 X 1308606 0 44643 Stan M Harrell SVP, USCC; SVP, CFO and CIO 40.00 5.00 X 808424 0 215157 Ryan Meyers Assistant Secretary 40.00 X 281916 0 36161 David C Chavern EVP, USCC; President, CATI 40.00 5.00 X 1886359 0 140414 Shannon DiBari EVP, USCC; COO 40.00 4.00 X 926017 0 403328 Robert J Engstrom SVP, USCC; SVP Pol Affrs & Fed Rel 40.00 X 536582 0 124865 Robert B Josten EVP, USCC; EVP, Government Affairs 40.00 X 2203231 0 347743 Agnes Warfield-Blanc SVP, USCC; SVP, Dev & Fund 40.00 X 3563175 0 48727 Myron A Brilliant EVP, USCC; EVP & Head of Int'l 40.00 1.00 X 1657332 0 236152 Thomas J Collamore SVP, USCC; SVP, Com & Strgy, Cnsl/Pres 40.00 X 1347767 0 52137 Karen A Harbert SVP, USCC; Pres & CEO, Energy Inst 40.00 X 1088479 0 46354 David T Hirschmann SVP, USCC; Pres & CEO, CCMC & GIPC 40.00 X 1366793 0 233043 James W Robinson SVP, USCC; Counselor to the Pres 40.00 X 830233 0 218491 24199655 0 2218844 186 0 1 0 Revolution Agency 1020 Princess Street Alexandria VA 22314 Advertising services 14546184 Something Else Strategies LLC 112 Lantern Ridge Drive Easley SC 29642 Advertising services 7050000 Craft Media Digital 1600 K St NW Washington DC 20006 Advertising services 6341375 Purple Strategies 815 Slaters Lane Alexandria VA 22314 Advertising services 4652568 R Street Films 1626 Belle View Blvd Alexandria VA 22307 Advertising services 4075000 74 111376 196681191 196792567 Sponsorships/royalties 711190 979520 979520 Meetings 900099 524693 524693 Publication sales 511190 403098 403098 Advertising 541800 342829 0 342829 Accreditation fees 541900 34950 34950 2285090 6471 6471 161680 92309 0 92309 161680 0 161680 161680 2975 2444 531 531 531 Affiliate admin charge 561000 6744116 6744116 Miscellaneous revenue 900099 15405 15405 6759521 206005860 8701782 342829 168682 18093294 58868506 10587116 920569 4062199 2320543 2034920 544196 12815240 1145763 9800895 41342989 5267660 8021124 5885470 9903927 5696457 785938 2827140 Contr to other orgs 1906634 Bad debt expense 559000 Taxes 256379 Contr to affiliates 175000 203820959 34978145 22309258 2861857 2867084 39236011 39734077 34304 31599 2095348 1589742 43870932 29311834 15416375 14559098 2444 94624484 81090858 23437890 24676986 79417 72250 15521769 8435712 84849215 101282531 123888291 134467479 X -109015423 -137259391 79751616 83882770 -29263807 -53376621 94624484 81090858 X 2184901 -26297715 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 37154215 36754215 400000 37154215 1 Mississippi Conservatives PO Box 2096 Jackson MS 39225 464502937 100000 Republican Attorneys General Association 1747 Pennsylvania Ave NW Suite 800 Washington DC 20006 464501717 15000 0 0 1 195546959 91167750 -71294187 19873563 104371299 -84497736 Part I-A and Part I-C The Chamber engaged in public education activities in support of its mission, which includes advancing the interests and concerns of business, economic growth, and the free enterprise system. In pursuit of these goals, the Chamber spends funds directly, or works with other organizations with similar missions. 801756 801756 29410167 16538802 12871365 949321 945044 4277 5224463 4460739 763724 7485225 7367249 117976 14559098 Accrued Actuarial Liabilities 70311147 Loans from related organizations 16685299 Intercompany accounting 14286085 101282531 X 277753881 954842 78565029 79519871 198234010 7771850 7771850 206005860 277180630 954842 80176679 81131521 196049109 7771850 7771850 203820959 Part X, Line 2: FIN 48 footnote from 2014 audit: Management's analysis of uncertain tax positions as required under the Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 740, Income Taxes, determined that the Chamber had no uncertain tax positions and as such, no liability has been recorded as of December 31, 2014 and 2013. Management does not anticipate any material changes in this position in the next 12 months. The Chamber is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Management believes the Chamber is no longer subject to income tax examinations for years prior to 2011. Part XI, Line 2d - Other Adjustments: Affiliated org rev consolidated for financial statement purpose $78,472,720 78472720. Rental expenses to line 6b on 990, $92,309 92309. Part XI, Line 4b - Other Adjustments: Elimination entries $7,771,849 7771849. Rounding $1 1. Part XII, Line 2d - Other Adjustments: Affiliated org exp consolidated for financial statement purpose $79,081,373 79081373. Expenses associated with assets held in agency for affiliate $1,002,997 1002997. Rental expenses to line 6b on 990, $92,309 92309. Part XII, Line 4b - Other Adjustments: Elimination entries $7,771,849 7771849. Rounding $1 1. South Asia 1 16 Fundraising and program services. Membership benefits. 379370 Europe 1 2 Member services in Europe. Business advocacy in Europe. 500795 East Asia and the Pacific 0 0 Seminars and speaking engagements. Business advocacy in East Asia. 483487 Europe 0 0 Seminars and speaking engagements. Business advocacy in Europe. 808154 South America 0 0 Seminars and speaking engagements. Business advocacy in South America. 73126 Middle East and North Africa 0 0 Seminars and speaking engagements. Business advocacy in the Middle East. 132061 South Asia 0 0 Seminars and speaking engagements. Business advocacy in South Asia. 162735 North America 0 0 Seminars and speaking engagements. Business advocacy in North America. 209528 Sub Saharan Africa 0 0 Seminars and speaking engagements. Business advocacy in Sub Saharan Africa. 28570 Central America and the Caribbean - 0 0 Seminars and speaking engagements. Business advocacy in Central America and Carribean. 153719 East Asia and the Pacific 0 31 Program services. Policy analysis in East Asia. 1406520 Europe 0 11 Program services. Policy analysis in Europe. 347825 North America 0 9 Program services. Policy analysis in North America. 146003 South America 0 7 Program services. Policy analysis in South America. 83996 Middle East and North Africa - 0 9 Program services. Policy analysis in Middle East. 193225 South Asia 0 3 Program services. Policy analysis in South Asia 31637 Central America and the Caribbean - 0 5 Program services. Policy analysis in Central America and Carribean. 66568 2 18 0 75 2 93 2749256 2458063 5207319 0 0 0 0 0 0 Part I, line 3: Schedule F Part I We use the accrual method of accounting on all of our transactions. X X X X 1 Carol Hallett 1615 H ST NW Washington DC 20062 General fundraising 0 7500000 406293 7093707 R James Nicholson 1615 H ST NW Washington DC 20062 General fundraising 0 5000000 486535 4513465 Stacey Lukens 1615 H ST NW Washington DC 20062 General fundraising 0 3500000 252935 3247065 16000000 1145763 14854237 X X X X X 1 1 X X X X X X 0 1 0 Thomas J Donohue President & CEO/Director 1045262 0 4950000 0 139479 0 46100 0 16629 0 6197470 0 0 0 Greg Lebedev Consultant/Director 260000 0 0 0 0 0 8900 0 0 0 268900 0 0 0 Lily Fu Claffee SVP, USCC; SVP, Gnrl Cnsl & CLO 593660 0 625000 0 89946 0 27300 0 17343 0 1353249 0 0 0 Stan M Harrell SVP, USCC; SVP, CFO and CIO 495394 0 190000 0 123030 0 195700 0 19457 0 1023581 0 0 0 Ryan Meyers Assistant Secretary 231896 0 45000 0 5020 0 27300 0 8861 0 318077 0 0 0 David C Chavern EVP, USCC; President, CATI 597332 0 1025000 0 264027 0 123100 0 17314 0 2026773 0 0 0 Shannon DiBari EVP, USCC; COO 428612 0 300000 0 197405 0 397500 0 5828 0 1329345 0 0 0 Robert J Engstrom SVP, USCC; SVP Pol Affrs & Fed Rel 299656 0 200000 0 36926 0 117900 0 6965 0 661447 0 0 0 Robert B Josten EVP, USCC; EVP, Government Affairs 593983 0 1075000 0 534248 0 329500 0 18243 0 2550974 0 0 0 Agnes Warfield-Blanc SVP, USCC; SVP, Dev & Fund 713189 0 2600000 0 249986 0 27300 0 21427 0 3611902 0 0 0 Myron A Brilliant EVP, USCC; EVP & Head of Int'l 541316 0 800000 0 316016 0 214300 0 21852 0 1893484 0 0 0 Thomas J Collamore SVP, USCC; SVP, Com & Strgy, Cnsl/Pr 538995 0 725000 0 83772 0 27300 0 24837 0 1399904 0 0 0 Karen A Harbert SVP, USCC; Pres & CEO, Energy Inst 445004 0 575000 0 68475 0 27300 0 19054 0 1134833 0 0 0 David T Hirschmann SVP, USCC; Pres & CEO, CCMC & GIPC 447802 0 700000 0 218991 0 229100 0 3943 0 1599836 0 0 0 James W Robinson SVP, USCC; Counselor to the Pres 325455 0 350000 0 154778 0 211700 0 6791 0 1048724 0 0 0 Part I, Line 1a Charter air travel is provided to three of the executives, non board members, listed, a portion of which is treated as taxable compensation. First class business travel is available to the President/CEO, and designated employees. Ten of the executives listed in Part VII of the core form utilized first class travel at least once. Travel for companions is available for business purposes only, when companions are invited and expected to attend. Five of the executives listed in Part VII of the core form utilized travel for companions at least once. None of these are treated as taxable benefits. Gross up payments are added to supplemental pension benefits. These benefits are reported as taxable benefits and are available to all employees with compensation exceeding the ERISA limit. Social club dues are available to six of the executives listed in Part VII of the core form for business use only. They are not treated as taxable benefits. Chauffeur services are available to two of the executives listed in Part VII of the core form for business use only. They are not treated as taxable benefits. Part I, Line 4b Supplemental Pension list: Robert Bruce Josten 531,248 Myron Brilliant 313,016 Agnes Warfield 246,986 David Chavern 233,693 David Hirschmann 215,991 Shannon DiBari 194,405 James Robinson 151,778 Stan Harrell 120,030 Lily Fu Claffee 86,946 Thomas Collamore 80,772 Karen Harbert 65,475 Robert Engstrom 33,926 The Supplemental Pension Plan provides cash payments to participants based on a formula that coordinates with the benefits that cannot be paid by the Retirement Plan due to the qualified plan pay cap under the law. These benefits are calculated and paid annually; there is no deferred component. Schedule B number 738 Supporter 1924813 See Part V Web based marketing and membership services 0 Schedule B number 714 Supporter 1542664 See Part V Legal and public relations services 0 Schedule B number 852 Supporter 839155 See Part V Insurance brokerage services 0 Schedule B number 937 Supporter 831325 See Part V Legal policy consulting fees 0 Schedule B number 886 Supporter 758966 See Part V Legal policy consulting fees 0 Schedule B number 56 Supporter 473752 See Part V Policy consulting and public relations 0 Schedule B number 538 Supporter 382103 See Part V Financial compliance services 0 Schedule B number 1508 Supporter 296366 See Part V Legal Services 0 Schedule B number 1261 Supporter 283578 See Part V Executive search services 0 Schedule B number 839 Supporter 239557 See Part V Speaker services 0 Schedule B number 229 Supporter 221563 See Part V Audio visual services 0 Schedule B number 54 Supporter 195000 See Part V Legal policy consulting fees 0 Schedule B number 630 Supporter 190589 See Part V Legal policy consulting fees 0 Schedule B number 849 Supporter 175000 See Part V Legal policy consulting fees 0 Schedule B number 781 Supporter 165673 See Part V Legal Services 0 Schedule B number 594 Supporter 153750 See Part V Legal policy consulting fees 0 Schedule B number 1234 Supporter 151728 See Part V Legal policy consulting fees 0 Schedule B number 1146 Supporter 115581 See Part V Legal Services 0 Schedule B number 429 Supporter 115000 See Part V Legal policy consulting fees 0 Form 990, Part VI, Section A, line 2 David Chavern and Donald J Shepard both served on the Aegon USA Board together in 2014. Form 990, Part VI, Section B, line 11 In accordance with the Audit Committee charter, the draft Form 990 was provided in advance to the Audit Committee members, and reviewed individually with each member prior to filing. The Audit Committee performs this function pursuant to a delegation from the Board of Directors. The board receives the most recently completed tax return at each of its regularly scheduled meetings. Form 990, Part VI, Section B, line 12c We annually notify staff of the Standards of Conduct and Ethics policy, which includes a requirement that any transaction or relationship that is reasonably expected to give rise to an actual or apparent conflict of interest be brought to the attention of a supervisor, a senior manager in the Human Resources department or the Office of General Counsel. In addition, we issue an annual written questionnaire to all members of the board of directors asking for information on potential conflicts of interest, which is gathered by the chief financial officer. All reports of potential conflicts will be evaluated by the Chief Legal Officer and General Counsel, who serves as the Chamber's Ethics Officer, in consultation with other senior management and staff, as appropriate. Any conflicts of interest involving board members or staff are resolved in accordance with the Chamber's conflicts policies. Form 990, Part VI, Section B, line 15 Part VI Question 15a The process for determining the total compensation of the President/CEO is as follows. The President/CEO has a written employment agreement with the Chamber. Total compensation is reviewed annually by an independent compensation consultant. The consultant prepares a compensation study primarily utilizing, as available, Form 990s and surveys of comparable organizations with similar responsibilities. Based on this information, total compensation is determined by the U.S. Chamber's Employee Compensation and Benefit Arrangements Committee on an annual basis. Part VI Question 15b The process for determining total compensation for the officers, key employees and highly compensated employees is as follows. For seven individuals, who are direct reports of the President/CEO, total compensation is reviewed annually by an independent compensation consultant. The consultant prepares a compensation study primarily utilizing, as available, Form 990s and surveys of comparable organizations with similar responsibilities. For the remaining four individuals, this consultant provides compensation information based on surveys of comparable organizations with similar positions. Based on this information, total compensation is determined by the President/CEO and the U.S. Chamber of Commerce's Employee Compensation and Benefit Arrangements Committee on an annual basis. Form 990, Part VI, Section C, line 19 The form 990 is made available to any member of the public who requests a copy. Any requestor is forwarded to the Administrative Director of Finance of the Chamber of Commerce of the USA, who will forward a copy of the document to the requestor. The organization's governing documents, conflict of interest policy, and financial statements are not made available to the public. Form 990, Part IV Question 12 Auditing of financial statements The U.S. Chamber of Commerce is the parent organization in the audited consolidated financial statements of the U.S. Chamber of Commerce. Schedule R lists additional related organizations included in these consolidated financial statements. Form 990, Part XI, line 9: Minimum Pension Reserve Liability Adjustment -23443612. Minimum Post Retirement Reserve Liability Adjustment -2854102. Rounding -1. ChamberBiz 1615 H ST NW Washington DC 20062 541960202 Small business web portal (inactive) DC 0 0 Chamber of Commerce of the USA US Chamber of Commerce Foundation 1615 H St NW Washington DC 20062 461561597 Promotes understanding of public affairs issues affecting business DE 501(c)(3) 7 Chamber of Commerce of the USA 1 National Chamber Foundation 1615 H St NW Washington DC 20062 526073268 Promotes understanding of public affairs issues affecting business DC 501(c)(3) 7 Chamber of Commerce of the USA 1 Policy Forum Endowment Fund 1615 H St NW Washington DC 20062 454612611 Supporting organization for the benefit of NCF DE 501(c)(3) 11a National Chamber Foundation 1 Business Civic Leadership Center 1615 H St NW Washington DC 20062 522246743 The voice of business for social and philanthropic interests DC 501(c)(3) 7 N/A 1 Institute for a Competitive Workforce 1615 H St NW Washington DC 20062 521677141 Promotes education and workforce training DC 501(c)(3) 7 N/A 1 Center for International Private Enterprise 1155 15th St NW Washington DC 20005 521398742 Promotes democracy through private enterprise and market reform. DC 501(c)(3) 7 Chamber of Commerce of the USA 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0 National Chamber Foundation E 129275 Calculated interest Policy Forum Endowment Fund E 107802 Calculated interest Center for International Private Enterprise Q 1113261 Reimb for benefits costs US Chamber of Commerce Foundation N 789996 Cost allocation discounted 67% US Chamber of Commerce Foundation O 4884867 Actual salaries & benefit alloc US Chamber of Commerce Foundation Q 882128 Alloc amt at 67% disc & act cost