GREATER MINNEAPOLIS CHAMBER OF COMMERCE: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- GREATER MINNEAPOLIS CHAMBER OF COMMERCE (EIN 41-0414520)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-08-13
- IRS object ID
- 201332259349302788
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-08-13T15:51:26-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410746749 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 SOUTH SIXTH STREET SUITE 300 | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55402 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410414520 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MINNEAPOLIS REGIONAL CHAMBER OF COMMERCE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MINN | NameControl |
| Phone | 6123709141 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 81 SOUTH NINTH STREET NO 200 | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55402 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | TODD KLINGEL | Name |
| Title | PRESIDENT & CEO | Title |
| Phone | 6123709141 | Phone |
| Date Signed | 2013-08-02 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOHN TAUER | Name |
| PTIN | P00294068 | PTIN |
| Phone | 6123764500 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | TODD KLINGEL | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 81 SOUTH NINTH STREET NO 200 | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55402 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 2012403 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.MINNEAPOLISCHAMBER.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1881 | YearFormation |
| State Legal Domicile | MN | StateLegalDomicile |
| Activity Or Mission Description | CREATING POWERFUL PARTNERSHIPS TO UNITE AND GROW MEMBER BUSINESSES AND THE REGION. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 42 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 40 | NbrIndependentVotingMembers |
| Total Nbr Employees | 22 | TotalNbrEmployees |
| Total Nbr Volunteers | 162 | TotalNbrVolunteers |
| Total Gross UBI | 42380 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 22851 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 30905 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 18265 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 2064180 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 1900497 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1247 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1184 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 55444 | OtherRevenuePriorYear |
| Other Revenue Current Year | 41211 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 2151776 | TotalRevenuePriorYear |
| Total Revenue Current Year | 1961157 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 820603 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 903247 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1264756 | OtherExpensePriorYear |
| Other Expenses Current Year | 1055112 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 2085359 | TotalExpensesPriorYear |
| Total Expenses Current Year | 1958359 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 66417 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 2798 | RevenuesLessExpensesCY |
| Total Assets BOY | 989445 | TotalAssetsBOY |
| Total Assets EOY | 1032913 | TotalAssetsEOY |
| Total Liabilities BOY | 654368 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 695534 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 335077 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 337379 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | CREATING POWERFUL PARTNERSHIPS TO UNITE AND GROW MEMBER BUSINESSES AND THE REGION. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | COMMUNITY LEADERSHIP: MRCC CONDUCTED LEADERSHIP TWIN CITIES WITH 74 PARTICIPANTS. LEADERSHIP TWIN CITIES IS A LEADERSHIP DEVELOPMENT PROGRAM THAT INFORMS INDIVIDUALS ABOUT THE CRITICAL ISSUES FACING MINNEAPOLIS AND SURROUNDING CITIES AND CHALLENGES THEM TO MAKE A DIFFERENT THROUGH PERSONAL COMMITMENT AND INVOLVEMENT. MRCC ORGANIZED AND LED DELEGATION OF 74 COMMUNITY, GOVERNMENT AND BUSINESS LEADERS TO DENVER, OR FOR AN INTER-CITY LEADERSHIP VISIT, IN WHICH THE LEADERS TOURED THE CITY, MET WITH THEIR COUNTER-PARTS, AND HEARD PRESENTATIONS ON DENVER'S ECONOMIC GROWTH STRATEGIES, AMENITIES AND ATTRACTIONS. THE KEYSTONE PROGRAM RECOGNIZES AND HONORS COMPANIES THAT DONATE AT LEAST 2% OF THEIR PRE-TAX EARNINGS TO THE COMMUNITY. OVER 30 YEARS AGO, 23 MINNESOTA COMPANIES CREATED THIS PROGRAM (ORIGINALLY KNOWN AS "THE 5% CLUB") TO RECOGNIZE AND ENCOURAGE CHARITABLE GIVING AND TO SET AN EXAMPLE FOR THEIR BUSINESS COLLEAGUES. KEYSTONE CELEBRATED ITS 35TH YEAR AND ENROLLED OVER 190 MEMBERS IN 2012. MORE THAN 450 INDIVIDUALS ATTENDED THE EVENT IN DECEMBER. SINCE 1991, THE MINNEAPOLIS REGIONAL CHAMBER OF COMMERCE HAS PRESENTED ITS QUALITY OF LIFE AWARDS AS A PUBLIC WAY OF CONGRATULATING LOCAL BUSINESSES FOR DOING WHAT THEY DO BEST, PROVIDING DESIRABLE PLACES TO WORK AND CREATING SOUND COMMUNITIES IN WHICH TO LIVE AND DO BUSINESS. THREE AWARDS ARE GIVEN TO CHAMBER MEMBER BUSINESSES AND/OR ORGANIZATIONS IN THREE CATEGORIES: LARGE, MEDIUM, AND SMALL BUSINESS. THE NORTHEAST PARADE WAS STARTED IN 1929 AS A STREET CAR PARADE AND CELEBRATED ITS 82ND YEAR IN 2012 WITH APPROXIMATELY 120 ENTRANTS, 120 VOLUNTEERS AND OVER 8,000 PEOPLE IN ATTENDANCE. | Description |
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 1 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 8 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 22 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 42 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 40 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 1 | LocalChapters |
| Policies Reference Chapters | 1 | PoliciesReferenceChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 1 | InvestmentInJointVenture |
| Written Policy Or Procedure | 1 | WrittenPolicyOrProcedure |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | CHERYL BUTZ | NamePerson |
| Telephone Number | 6123709141 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 81 S NINTH STREET 200 | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55402 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (52 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| CHARLES ZELLE | ||||||||
| CHAIR | 1.00 | 1.00 | X | X | 0 | 0 | 0 | |
| SUSAN ADAMS LOYD | ||||||||
| PAST CHAIR | 1.00 | 1.00 | X | X | 0 | 0 | 0 | |
| PATRICIA GRAZZINI | ||||||||
| TREASURER | 1.00 | 1.00 | X | X | 0 | 0 | 0 | |
| MARK ADKINS | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| JEFF ANDERSON | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| TODD ANLAUF | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| JIM BENA | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| STEVE BIANCHI | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| DON BORNHORST | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| RANDY BOUSHEK | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| TALMADGE CENTERS | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| JOHN COLBOURNE | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| MIKE DIMOND | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| KRISTINE DONATELLE | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| PHILIP EICKHOFF | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| KIP ELLIOTT | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| DEBORAH FERRY | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| THOMAS E GERSTER | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| SAM GRABARSKI | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| LINDA HALLER | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| ERIC HALVORSON | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| JOANN HANSON | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| CORY HOEPPNER | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| STEVE JAHN | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| MATT JOHNSON | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| C THEODORE JOHNSON | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| WILLIAM JONASON | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| BRIEN KENNEDY | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| MICHAEL KLINGENSMITH | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| LEE KOCH | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| TONI LEA | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| KEVIN LEWIS | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| MARK LUCKE | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| LAURA MCCARTEN | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| LAURA MORET | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| JEFFREY PETERSON | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| DAVID PRINCE | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| IRENE QUARSHIE | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| WILL ROACH | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| JIM ROTH | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| RANDY SANDS | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| CATHY SCHMIDT | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| DAN SEEMAN | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| KENNETH SORENSEN | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| MARK STENGLEIN | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| DAVID TASHJIAN | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| MELVIN TENNANT | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| PHILLIP TRIER | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| JOSEPH VORTHERMS | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| LESLIE WATSON | ||||||||
| BOARD DIRECTOR | 0.30 | 0.10 | X | 0 | 0 | 0 | ||
| TODD KLINGEL | ||||||||
| PRESIDENT/CEO | 40.00 | 5.00 | X | 173160 | 0 | 50465 | ||
| WILLIAM L SCHROEER - DIRECTOR OF | ||||||||
| INFRASTRUCTURE FOR ECONOMIC DEVELOPMENT | 40.00 | 0.00 | 117871 | 0 | 0 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 291031 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 50465 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| All Other Contributions | 18265 | AllOtherContributions |
| Total Contributions | 18265 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| MEMBERSHIP DUES | 519100 | 1033483 | 1033483 | |
| EVENTS, FUNCTIONS | 519100 | 743192 | 743192 | |
| LEADERSHIP PROGRAM | 519100 | 108860 | 108860 | |
| ADVERTISING | 511120 | 13462 | 13462 | |
| INFORMATION SERVICES | 519100 | 1500 | 1500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 1900497 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1184 | TotalRevenueColumn |
| Exclusion | $1,184 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 51742 | GrossSalesOfInventory |
| Cost Of Goods Sold | 51246 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 496 | TotalRevenueColumn |
| Unrelated Business Revenue | 496 | UnrelatedBusinessRevenue |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS INCOME | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 40715 | TotalRevenueColumn |
| Unrelated Business Revenue | 28422 | UnrelatedBusinessRevenue |
| Exclusion | $12,293 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 40715 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1961157 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1887035 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 42380 | UnrelatedBusinessRevenue |
| Exclusion | $13,477 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 223625 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 576031 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1799 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33928 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 67864 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 78289 | Total |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7500 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29593 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 88509 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 75933 | Total |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 41427 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 272577 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 44550 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 313017 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25220 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13839 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| MISCELLANEOUS | 30953 |
| BANK SERVICE CHARGES | 19658 |
| DUES AND SUBSCRIPTIONS | 10729 |
| TAXES | 3318 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1958359 | Total |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 339069 | BOY |
| EOY | 280391 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 452239 | BOY |
| EOY | 548204 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14666 | BOY |
| EOY | 42030 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 95680 | BOY |
| EOY | 94363 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 473139 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 418204 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 80155 | BOY |
| EOY | 54935 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7636 | BOY |
| EOY | 12990 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 989445 | BOY |
| EOY | 1032913 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37382 | BOY |
| EOY | 44672 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 589260 | BOY |
| EOY | 626207 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27726 | BOY |
| EOY | 24655 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 654368 | BOY |
| EOY | 695534 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 335077 | BOY |
| EOY | 337379 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 335077 | BOY |
| EOY | 337379 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 989445 | BOY |
| EOY | 1032913 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 2798 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -496 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | 0 | PoliticalExpenditures |
| Volunteer Hours | 0 | VolunteerHours |
| Amt Expended For527 Activities | 0 | AmtExpendedFor527Activities |
| Amt Of Internal Funds Contributed | 0 | AmtOfInternalFundsContributed |
| Substantially All Dues Nondeduct | 0 | SubstantiallyAllDuesNondeduct |
| Only In House Lobbying | 0 | OnlyInHouseLobbying |
| Agree To Carryover Prior Year | 0 | AgreeToCarryoverPriorYear |
| Dues Assessments | 1033483 | DuesAssessments |
| Non Ded Lobby Political Current | 23984 | NonDedLobbyPoliticalCurrent |
| Non Ded Lobby Political Total | 23984 | NonDedLobbyPoliticalTotal |
| Aggr Amt Reported In Dues Notices | 31004 | AggrAmtReportedInDuesNotices |
| Taxable | -$7,020 | TaxableAmount |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 77436 | OtherCostOrOtherBasis |
| Depreciation | 51390 | Depreciation |
| Book Value | 26046 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 356866 | OtherCostOrOtherBasis |
| Depreciation | 327977 | Depreciation |
| Book Value | 28889 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 38837 | OtherCostOrOtherBasis |
| Depreciation | 38837 | Depreciation |
| Book Value | 0 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 54935 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| CAPITAL LEASE PAYABLE | $16,445 |
| DEFERRED RENT BENEFIT | $8,210 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 24655 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 2395500 | TotRevenueEtcAuditedFinclStmt |
| Donated Srvc And Use Of Facilities | 106939 | DonatedSrvcAndUseOfFacilities |
| Other Revenues | 327900 | OtherRevenues |
| Revenue Not Rptd F990 | 434839 | RevenueNotRptdF990 |
| Revenue Subtotal | 1960661 | RevenueSubtotal |
| Other Revenues Not Included | 496 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 496 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 1961157 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 2664970 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 106939 | DonatedServicesUseOfFacilities |
| Other Expenses Included | 599672 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 706611 | ExpensesNotRptdF990 |
| Expenses Subtotal | 1958359 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 1958359 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X, LINE 2: | THE MINNEAPOLIS REGIONAL CHAMBER OF COMMERCE IS A QUALIFIED TAX-EXEMPT NONPROFIT ORGANIZATION UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES. HOWEVER, THE MINNEAPOLIS REGIONAL CHAMBER OF COMMERCE FILES AN INCOME TAX RETURN RELATING TO ITS UNRELATED BUSINESS INCOME ACTIVITIES. INCOME TAXES FOR UNRELATED BUSINESS INCOME ACTIVITIES ARE ACCRUED AND INCLUDED IN THE COMBINED STATEMENT OF ACTIVITY IN THE YEAR INCURRED. THE ORGANIZATION'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AUTHORITIES. THE TAX RETURNS FOR THE YEARS 2009 THROUGH 2011 ARE OPEN TO EXAMINATION BY FEDERAL AUTHORITIES. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | REVENUES OF AFFILIATE REPORTED ON A SEPARATE RETURN 327,900. | |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | NET INCOME FROM TICKET SALES RECORDED AS PREPAID 496. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | EXPENSES OF AFFILIATE REPORTED ON A SEPARATE RETURN 599,672. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | TODD KLINGEL | NamePerson |
| Title | PRESIDENT/CEO | Title |
| Base Compensation Filing Org | 161942 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 10000 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 1218 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 22702 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 27763 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 223625 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 10000 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| DELTA AIRLINES | |||
| D. BORNHORST, FORMER CHAMBER BOARD MEMBER IS AN OFFICER OF DELTA AIRLINES | 26572 | PURCHASE OF AIRLINE TICKETS | 0 |
| MINNESOTA TWINS | |||
| D. ST. PETER, A CHAMBER BOARD MEMBER IS AN OFFICER OF THE MINNESOTA TWINS | 28331 | PURCHASE OF GAME TICKETS | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 1 | THE CHAMBER'S EXECUTIVE COMMITTEE CONSISTS OF THE BOARD CHAIR, CHAIR-ELECT, FIRST VICE CHAIR, SECRETARY/TREASURER, IMMEDIATE PAST CHAIR, EACH AREA COUNCIL CHAIR AND THREE TO FIVE BOARD MEMBERS APPOINTED BY THE CHAIR. IN THE INTERIM BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, THE EXECUTIVE COMMITTEE HAS THE CHARGE OF ROUTINE BUSINESS OF THE CHAMBER AND IS PERMITTED TO ESTABLISH POLICIES OF THE CHAMBER ON ALL MATTERS, INCLUDING MATTERS OF A PUBLIC POLICY OR LEGISLATIVE NATURE. IT SHALL HAVE GENERAL CHARGE OF THE FINANCES AND PROPERTY OF THE CHAMBER AND SHALL HAVE AUTHORITY TO ORDER DISBURSEMENTS FOR NECESSARY EXPENSES AND MAY, ACTING THROUGH THE SECRETARY/TREASURER, GRANT TO ANY COMMITTEE A REASONABLE AMOUNT OF MONEY FOR SPECIAL WORK. THE EXECUTIVE COMMITTEE MAY REFER MATTERS BROUGHT BEFORE IT TO ANY OTHER COMMITTEE OR TASK FORCE. THE EXECUTIVE COMMITTEE IS THE PRIMARY LIAISON BETWEEN THE BOARD OF DIRECTORS AND THE AREA BOARDS OF DIRECTORS, AND IS RESPONSIBLE FOR COMMUNICATING AND ENFORCING THE DIRECTIVES AND POLICY OF THE BOARD OF DIRECTORS. | |
| FORM 990, PART VI, SECTION A, LINE 6 | MEMBERS CONSIST OF BUSINESSES IN THE MINNEAPOLIS REGIONAL AREA; BOARD MEMBER'S COMPANIES ARE REQUIRED TO BE MEMBERS OF THE MINNEAPOLIS REGIONAL CHAMBER OF COMMERCE. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE FINANCE/AUDIT COMMITTEE WILL REIVEW THE COMPLETED FORM 990, WHICH WILL BE COMPLETED BY AN INDEPENDENT ACCOUNTING FIRM, BEFORE THE FORM 990 IS SUBMITTED. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY COVERS DIRECTORS, OFFICERS AND EMPLOYEES OF THE ORGANIZATION. EACH RESPONSIBLE PERSON MUST REVIEW THE POLICY AND ANNUALLY COMPLETE A DISCLOSURE FOR IDENTIFYING ANY RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES IN WHICH THE RESPONSIBLE PERSON IS INVOLVED THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST ARISING. ANY SUCH INFORMATION REGARDING A BUSINESS INTEREST IS GENERALLY MADE AVAILABLE TO THE CHAIR, THE PRESIDENT, EXECUTIVE DIRECTOR AND ANY COMMITTEE APPOINTMENT TO ADDRESS CONFLICTS OF INTEREST, EXCEPT TO THE EXTENT ADDITIONAL DISCLOSURE IS NECESSARY IN CONNECTION WITH THE IMPLEMENTATION OF THIS POLICY. A PERSON WHO HAS A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN DISCUSSIONS OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND TO RESPOND TO QUESTIONS. THE PERSON HAVING A CONFLICT OF INTEREST MAY NOT VOTE ON THE CONTRACT OR TRANSACTION AND SHALL NOT BE PRESENT IN THE MEETING ROOM WHEN THE VOTE IS TAKEN, UNLESS THE VOTE IS A SECRET BALLOT. PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES. | |
| FORM 990, PART VI, SECTION B, LINE 15A | COMPARABLE SURVEY DATA FROM NONPROFIT ORGANIZATIONS, THE NATIONAL CHAMBER OF COMMERCE, AND OTHER ASSOCIATION MARKET DATA IS PROVIDED TO THE COMPENSATION COMMITTEE TO REVIEW AND APPROVE FOR OFFICER'S COMPENSATION. A 3% INCREASE WAS GIVEN IN 2011; THE COMPENSATION COMMITTEE REVIEWED SURVEY DATA IN 2010. THEY REVIEWED AND APPROVED THE TOTAL COMPENSATION PACKAGE FOR THE PRESIDENT/CEO FOR 2009 AND 2010 AT THIS TIME, NO ADDITIONAL MEETINGS WERE HELD IN 2011 TO REVIEW COMPENSATION OF THE PRESIDENT/CEO. THE PRESIDENT/CEO IS THE ONLY EMPLOYEE THAT HAD COMPENSATION REVIEWED BY THE COMMITTEE. A FORMAL REVIEW OF THE SALARY OF THE PRESIDENT/CEO WAS CONDUCTED IN 2012. AT THAT TIME A REVIEW OF THE SALARY SURVEYS LISTED ABOVE WERE USED. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON THE WEBSITE AND UPON REQUEST. | |
| FORM 990, PART XI, LINE 9: | NET INCOME FROM TICKET SALES RECORDED AS PREPAID -496. | CHANGES IN NET ASSETS OR FUND BALANCES: |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 81 S NINTH ST 200 | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55402 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363468708 | EIN |
| Primary Activities | ECONOMIC DEVELOPMENT | PrimaryActivities |
| Legal Domicile State | MN | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | LINE 7 | PublicCharityStatus |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MINNEAPOLIS REGIONAL CHAMBER OF COMMERCE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Controlled Org | 1 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 1 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 1 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION | ||
| R | 200000 | CASH AMOUNT |
| MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION | ||
| S | 200000 | CASH AMOUNT |
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