2014-08-12T17:11:19-05:00 2013-12-31 461882068 FELDMAN & COMPANY CPAS LLP 246 GENESEE STREET UTICA NY 135024325 990 2013-01-01 150476330 MOHAWK VALLEY CHAMBER OF COMMERCE INC MOHA 3157243151 200 GENESEE STREET NO 1 UTICA NY 135024326 JOHN KENEALY CHAIRMAN OF THE BOARD 3157243151 2014-07-21 1 ALFRED J KUPIEC JR P01234383 3157325158 2014-07-21 2013 2015-11-30 17:44:51Z SAME JOHN KENEALY 200 GENESEE STREET SUITE 1 UTICA NY 135024326 402785 0 X WWW.MVCHAMBER.ORG X 1896 NY ENCOURAGE AND ASSIST BUSINESS CLIMATE IN MOHAWK VALLEY. 20 20 7 0 33033 0 208000 213778 0 0 708 -222 105323 117504 314031 331060 0 2530 0 0 198514 222545 0 0 0 123268 112614 321782 337689 -7751 -6629 186703 191913 122804 134643 63899 57270 TO ENHANCE COMMERCIAL GROWTH AND THE QUALITY OF LIFE FOR ALL WHO RESIDE IN THE MOHAWK VALLEY REGION. 0 0 MEMBERSHIP ACTIVITIES - MAINTAIN A CLIMATE WHICH ENCOURAGES AND ASSISTS BUSINESSES TO LOCATE, GROW AND PROSPER IN THE MOHAWK VALLEY - NEW YORK STATE. 294714 2530 60 294714 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 7 1 1 1 0 0 0 0 0 X 20 20 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X JO ANN MAMMONE-MOX 3157243151 200 GENESEE STREET SUITE 1 UTICA NY 135024326 X SAM F BERARDINO III DIRECTOR 0.20 X 0 0 0 THOMAS BASHANT TREASURER 0.20 X X 0 0 0 PATRICK J BECHER DIRECTOR 0.20 X 0 0 0 VINCENT CHIFFY SECRETARY 0.20 X X 0 0 0 EUGENE FALVO DIRECTOR 0.20 X 0 0 0 SCOT HAYES DIRECTOR 0.20 X 0 0 0 CATHERINE CUCHARALE DIRECTOR 0.20 X 0 0 0 BRUCE DAVIS DIRECTOR 0.20 X 0 0 0 ELIS DELIA DIRECTOR 0.20 X 0 0 0 STEPHANIE DAVIS DIRECTOR 0.20 X 0 0 0 DEBORAH KESSLER DIRECTOR 0.20 X 0 0 0 SCOTT K WILLIAMS FIRST VICE CHAIR 0.30 X X 0 0 0 MEGHAN FRASER DIRECTOR 0.30 X 0 0 0 ANDREW SCARAFILE DIRECTOR 0.20 X 0 0 0 BRIAN LOUGHLIN ASSISSTANT TREASURER 0.20 X X 0 0 0 JOHN F KENEALY CHAIRMAN OF THE BOARD 2.00 X X 0 0 0 DANESE HANNA DIRECTOR 0.20 X 0 0 0 MICHAEL MORRILL SECOND VICE-CHAIR 0.20 X X 0 0 0 GARY SCALZO DIRECTOR 0.20 X 0 0 0 MATTHEW WILSON DIRECTOR 0.20 X 0 0 0 0 0 0 0 0 0 0 0 213778 213778 699 699 7536 7536 921 -921 -921 -921 147679 70804 76875 76875 ADVERTISING & RELATED 541800 18937 18937 MEMBER HEALTH INSURANC 561000 14096 14096 MISCELLANEOUS 561000 40 40 20 20 33093 331060 60 33033 84189 2530 2530 194080 173454 20626 249 224 25 10543 9488 1055 17673 15906 1767 9450 9450 3275 2947 328 10894 9805 1089 196 176 20 35440 31896 3544 7005 6304 701 6992 6292 700 2570 2313 257 CHAMBER-ACTION MAILING 8958 8958 EQUIPMENT REPAIRS 8322 7490 832 U.B.I.T.-DEFERRED 4652 4652 POSTAGE 4097 3687 410 10763 8592 2171 337689 294714 42975 0 147277 149983 6643 6486 6375 9684 48884 34084 10741 14800 50 50 15617 10910 186703 191913 850 4135 120765 128177 1189 2331 122804 134643 X 63899 57270 63899 57270 186703 191913 -6629 0 X 0 1 X 1 0 0 1 0 6587 6587 0 42297 27497 14800 14800 ACCUMULATED AMORTIZATION -3520 DEFERRED INCOME TAXES 2335 WEBSITE DEVELOPMENT COSTS 12095 10910 PAYROLL AND RELATED LIABILITIES 2081 UNRELATED BUSINESS INCOME TAXES 250 2331 X 320081 0 320081 10979 10979 331060 326710 0 326710 10979 10979 337689 PART X, LINE 2: ON JANUARY 1, 2009, THE CHAMBER ADOPTED THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, WITH NO CUMULATIVE EFFECT ADJUSTMENT REQUIRED. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE CHAMBER HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. THE CHAMBER BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE AFFECT ON THE CHAMBER'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE CHAMBER HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT DECEMBER 31, 2012. THE CHAMBER IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE CHAMBER BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINIATIONS FOR YEARS PRIOR TO 2010. THE CHAMBER'S POLICY IS TO CLASSIFY INCOME TAX RELATED INTEREST AND PENALTIES IN INTEREST EXPENSE AND OTHER EXPENSES, RESPECTIVELY. PART XI, LINE 4B - OTHER ADJUSTMENTS: CHAMBER ACTION DIRECT EXPENSES 10,979. PART XII, LINE 4B - OTHER ADJUSTMENTS: CHAMBER ACTION DIRECT EXPENSES 10,979. ANNUAL MEETING, BAH, LUNCHEONS 88728 88728 378 21753 5127 1400 7120 ANNUAL GOLF OUTING 37834 37834 2434 9400 4752 1702 4 21117 21117 800 15726 200 12 147679 147679 2812 31953 25605 1600 8834 70804 76875 X X X 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A ALL NOMINEES FOR OFFICER POSITONS MUST BE DIRECTORS FOR THE FISCAL YEAR THEY WILL SERVE. THE NOMINATING COMMITTE PRESENTS THE BOARD OF DIRECTORS A SLATE OF NOMINEES FOR OFFICER POSITIONS. THE BOARD OF DIRECTORS ELECT THE OFFICERS IN THE DECEMBER MEETING. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION'S FINANCE AND AUDIT COMMITTEE ARE RESPONSIBLE FOR REVIEWING THE FORM 990 FOR ACCURACY AND COMPLETENESS PRIOR TO FILING. ALL COMMENTS AND QUESTIONS ARE DISCUSSED WITH PREPARER PRIOR TO FILING THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND OFFICERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT INDICATING INTERESTS THAT COULD GIVE RISE TO CONFLICTS EACH YEAR. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION FOR THE ORGANIZATION'S EXECUTIVE DIRECTOR IS APPROVED BY THE FINANCE AND AUDIT COMMITTEE BASED ON COMPARABILITY DATA AND DELIBERATION PROCESS WHICH INCLUDES WRITTEN AUTHORIZATION. FORM 990, PART VI, SECTION C, LINE 18 COPY OF 990 AND 990T AVAILABLE ON THE NEW YORK STATE CHARITIES BUREAU WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 ALL RELATED DOCUMENTS ARE LOCATED AT THE MOHAWK VALLEY CHAMBER OF COMMERCE, INC.'S OFFICE LOCATED AT 200 GENESEE STREET, UTICA NEW YORK. ANYONE INTERESTED IN DOING SO SHOULD CONTACT THE ORGANIZATION BY PHONE AT (315) 724-3151.