2013-05-14T17:02:38-05:00 2012-06-30 362985665 WOLF & COMPANY LLP 1901 S MEYERS RD SUITE 500 OAKBROOK TERRACE IL 601815209 990 2011-07-01 237334589 CHICAGOLAND CHAMBER OF COMMERCE FOUNDATION CHIC 3124946700 200 E RANDOLPH ST NO 2200 CHICAGO IL 606016433 GERALD ROPER 3124946700 2013-05-10 1 DAVID R SIEHOFF P00175845 6305454500 2011 2016-02-24 21:20:13Z GERALD ROPER 200 E RANDOLPH ST NO 2200 CHICAGO IL 60601 794446 0 X WWW.CHICAGOLANDCHAMBER.ORG X 1972 IL THE CHAMBER FOUNDATION IS A CATALYST FOR CHANGE DRIVING POLICY DEBATE ON KEY ISSUES RELATED TO THE REGION'S LONG-TERM ECONOMIC GROWTH AND COMPETITIVENESS. IT AFFECTS CHANGE BY RESEARCHING KEY ISSUES, FORMULATING ARGUMENTS AND INITIATIVES, DEVELOPING OPTIONS AND INFORMING THE COLLECTIVE THINKING OF BUSINESS, GOVERNMENT, AND CIVIC LEADERS. 3 2 0 2 0 0 551433 740172 0 0 57 44 12321 4375 563811 744591 5000 0 0 0 216698 249360 0 0 26228 259643 531140 481341 780500 82470 -35909 255061 328053 240454 349355 14607 -21302 THE CHAMBER FOUNDATION IS A CATALYST FOR CHANGE DRIVING POLICY DEBATE ON KEY ISSUES RELATED TO THE REGION'S LONG-TERM ECONOMIC GROWTH AND COMPETITIVENESS. IT AFFECTS CHANGE BY RESEARCHING KEY ISSUES, FORMULATING ARGUMENTS AND INITIATIVES, DEVELOPING OPTIONS AND 0 0 505702 447846 OECD STUDY - THE PURPOSE OF THIS PROGRAM IS TO CONDUCT THE FIRST STUDYOF ITS KIND IN NORTH AMERICA ON THE ECONOMIC IMPACT OF THE TRI-STATEREGION OF ILLINOIS, WISCONSIN AND INDIANA. 28957 17020 HEALTHIER CHICAGO - PROGRAM WHERE VARIOUS FORUMS AND EVENTS WERE HELDIN THE CHICAGO AREA TO HELP PROMOTE A HEALTHIER LIFESTYLE. 81271 25500 DISABILITYWORKS - THIS PROGRAM PROVIDES EDUCATION TO COMPANIES AROUND THE STATE ON EMPLOYING WORKERS WITH DISABILITIES AND THE BENEFITS THAT CAN BE PROVIDED BY EMPLOYING THESE INDIVIDUALS. 0 615930 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 3 0 0 0 0 0 0 0 1 1 0 0 0 0 X 3 2 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 IL X JILL SYNOGA 3124946700 200 E RANDOLPH ST SUITE 2200 CHICAGO IL 606016433 SCOTT SWANSON 0.20 X X 0 0 0 KAREN LENNON 0.20 X 0 0 0 GERALD ROPER 0.20 X 0 308155 2593 LANCE PRESSL 40.00 X 203757 0 3298 203757 308155 5891 1 0 1 0 0 236270 264465 239437 740172 44 44 54230 236270 49855 4375 4375 744591 0 0 4419 220840 121021 99819 12658 10615 2043 15862 8114 7748 114254 114254 11940 11940 7620 7306 314 7256 5459 1797 16966 10243 6723 7555 3911 3644 102392 99571 2821 245 245 1248 1248 OECD STUDY 232657 232657 FUNDRAISING EXPENSE 26228 26228 MISCELLANEOUS 2779 2779 780500 615930 138342 26228 141852 163958 112229 163360 980 0 3657 2922 0 735 255061 328053 39286 129565 143007 0 58161 219790 240454 349355 X -157628 -103308 155735 65506 16500 16500 14607 -21302 255061 328053 -35909 0 X X 0 1 1 X 0 X 1424731 1079065 743066 551433 744547 4542842 1424731 1079065 743066 551433 744547 4542842 4542842 17140 1355 38 57 44 18634 4561476 0.99590 0.97260 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3657 2922 735 735 DUE TO RELATED PARTY 219790 219790 744591 780500 -35909 -35909 744591 0 744591 0 744591 780500 0 780500 0 780500 THE FOUNDATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THEREFORE, A PROVISION FOR INCOME TAXES HAS NOT BEEN RECORDED. THE FOUNDATION RECOGNIZES THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. THE FOUNDATION IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE YEARS BEFORE THE YEAR ENDED JUNE 30, 2009. BURNHAM DINNER 290500 236270 54230 49855 290500 236270 54230 49855 49855 4375 X 1 1 X 0 1 0 0 0 0 0 0 0 GERALD ROPER 0 308155 0 0 0 0 0 2495 0 98 0 310748 0 0 LANCE PRESSL 203757 0 0 0 0 0 3054 0 244 0 207055 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 BEFORE THE 990 IS FILED WITH THE IRS, IT IS REVIEWED FIRST BY THE SENIOR ACCOUNTANT AND VP OF FINANCE. FOLLOWING THEIR REVIEW, IT IS REVIEWED BY A MEMBER OF THE FINANCE AND AUDIT COMMITTEE AND FINALLY BY THE CEO WHO THEN SIGNS THE DOCUMENT. THE BOARD PASSED A RESOLUTION TO GIVE THE FINANCE COMMITTEE THE RESPONSIBILITY OF APPROVING THE 990. FORM 990, PART VI, SECTION B, LINE 12C THE CHAMBER FOUNDATION HAS ITS BOARD CONDUCT ANNUAL REVIEWS AND UPDATES TO THEIR CONFLICT OF INTEREST STATEMENTS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE PRESIDENT IS APPROVED BY THE CHAIRMAN OF THE ORGANIZATION AND CEO OF THE CHAMBER. VARIOUS SURVEYS AND OTHER SOURCES CONTAINING SALARY INFORMATION ARE USED IN DETERMINING COMPENSATION FOR EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990. PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. 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