2013-06-17T09:48:09-05:00 2012-12-31 410746749 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2012-01-01 411378952 ST PAUL AREA CHAMBER OF COMMERCE CHARITABLE FOUNDATION STPA 6122235000 401 NORTH ROBERT STREET NO 150 ST PAUL MN 55101 MATT KRAMER 6122235000 2013-06-12 1 JOHN TAUER P00294068 6123764500 2012 2016-02-25 16:41:14Z MATT KRAMER 401 NORTH ROBERT STREET NO 150 ST PAUL MN 55101 241300 0 X WWW.STPAULCHAMBER.COM X 1976 MN TO GROW STRONG LEADERS AND PREPARE TOMORROW'S EMPLOYEES. 16 15 0 72 0 0 34434 63614 140180 109448 303 166 0 40198 174917 213426 70806 50000 0 0 80772 72994 0 0 24060 35423 85131 187001 208125 -12084 5301 179564 185602 75783 76520 103781 109082 X THE SAINT PAUL AREA CHAMBER OF COMMERCE CHARITABLE FOUNDATION IS THE FUND DEVELOPMENT ARM OF THE CHAMBER THAT MAKES IT POSSIBLE FOR THE CHAMBER TO MORE FULLY REALIZE ITS VISION - A LEADING FORCE DRIVING A FUTURE OF SHARED PROSPERITY FOR SAINT PAUL AND THE EAST METRO AREA. THE FOUNDATION'S MISSION IS TO GROW STRONG LEADERS AND PREPARE TOMORROW'S EMPLOYEES. 0 0 72061 0 109448 LEADERSHIP ST. PAUL (LSP): LSP IS THE CHAMBER'S FLAGSHIP ADULT LEARNING PROGRAM CENTERED ON COMMUNITY LEADERSHIP THAT PREPARES, CHALLENGES, AND ENGAGES EMERGING AND EXISTING LEADERS TO STRENGTHEN THE SAINT PAUL/EAST METRO REGION. THE CLASS HAS A MONTHLY PROGRAM DAY AND COMMUNITY PROJECTS TO COMPLETE IN GROUPS. IN 2012, THE FOUNDATION GRADUATED 52 INDIVIDUALS WHO COMPLETED SEVEN PROJECTS FOR NONPROFIT ORGANIZATIONS. 51000 50000 0 SCHOLARSHIPS: THE FOUNDATION'S SCHOLARSHIP PROGRAM IS LARGELY FUNDED BY CHAMBER MEMBERS AND SEVERAL PERSONAL DONATIONS. SCHOLARSHIPS ARE GIVEN TO GRADUATING SENIORS AS THEY SEEK A PATH THAT WILL MAKE THEM VALUABLE MEMBERS AND EMPLOYEES OF THE COMMUNITY. IN 2012, WE HAD 88 APPLICANTS. WE AWARDED 50 $1,000 SCHOLARSHIPS TO DESERVING STUDENTS IN THE SAINT PAUL/EAST METRO AREA. 26189 0 0 OTHER: SUPPORT OF EVENTS, MEETINGS, AND PUBLICATIONS THAT PROVIDE THE ADVANCEMENT OF CIVIC, SOCIAL, COMMERCIAL, AND ECONOMIC INTERESTS OF THE CITY OF SAINT PAUL AND SURROUNDING EAST METRO AREA. 149250 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 16 15 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 MN X X MATT KRAMER 6122235000 401 NORTH ROBERT STREET NO 150 ST PAUL MN 55101 ANDREA SATTER 0.50 0.30 X X 0 0 0 MATT KRAMER 4.00 40.00 X X 0 212580 16389 ZACHARY CRAIN 0.50 0.00 X 0 0 0 MICHAEL ANDERSON 0.50 0.00 X 0 0 0 JANE CANNEY 0.50 0.00 X 0 0 0 LIA CHRISTIANSEN 0.50 0.00 X 0 0 0 ZACHARY CRAIN 0.50 0.00 X 0 0 0 DON EMERY 0.50 0.00 X 0 0 0 DAVE FAUST 0.50 0.00 X 0 0 0 JENNIFER HELLMAN 0.50 0.00 X 0 0 0 CHARLIE HOFF 0.50 0.00 X 0 0 0 BOB INGRASSIA 0.50 0.00 X 0 0 0 KATE KELLY 0.50 0.00 X 0 0 0 MARC MANDERSCHEID 0.50 0.00 X 0 0 0 JOHN MARSHALL 0.50 0.00 X 0 0 0 LYNETTE PETERSON 0.50 0.00 X 0 0 0 MATHEW POPHOM 0.50 0.00 X 0 0 0 DOROTHY RICHBURG 0.50 0.00 X 0 0 0 ZACK RYAN 0.50 0.00 X 0 0 0 CHRISTOPHER SCHOUT 0.50 0.00 X 0 0 0 JOAN SIEWERT CARDONA 0.50 0.00 X 0 0 0 0 212580 16389 0 0 1 0 0 63614 63614 SPONSORSHIPS 900099 96310 96310 PROGRAM REVENUE 900099 13138 13138 109448 166 166 27072 14684 12388 12388 41000 13190 27810 27810 213426 109448 0 40364 50000 50000 57874 40512 5787 11575 3494 2446 349 699 4153 2907 415 831 7473 5231 747 1495 626 438 63 125 3869 2706 387 776 13287 9301 1329 2657 PROGRAM EXPENSE 44965 35709 3354 5902 BOARD FUND DEVELOPMENT 13561 13561 SCHOLARSHIP EXPENSES 999 999 7824 7824 208125 149250 34815 24060 168943 180611 9921 4491 700 500 179564 185602 700 700 75083 75820 75783 76520 X 86355 96039 17426 13043 103781 109082 179564 185602 5301 0 X 0 1 X 1 0 X 101430 71942 54890 55768 63614 347644 101430 71942 54890 55768 63614 347644 347644 989 372 431 229 166 2187 74 74 349905 534801 0.99350 0.98970 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME 0 1981070 1767644 1767644 213426 0 213426 1708448 1500323 1500323 208125 0 208125 PART XI, LINE 2D - OTHER ADJUSTMENTS: CHAMBER REVENUE REPORTED ON A SEPARATE RETURN 1,767,644. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHAMBER EXPENSES REPORTED ON A SEPARATE RETURN 1,500,323. ANNUAL LUNCHEON 27072 27072 5500 9184 27072 27072 5500 9184 14684 12388 41000 13000 190 1 0.90000 41000 13000 190 13190 27810 MN 0 0 0 0 0.00000 1.00000 STEPHANIE AUSTIN 401 NORTH ROBERT STREET SUITE 150 ST PAUL MN 55101 0 STEPHANIE AUSTIN 3346 TRACK RAFFLE TICKET SALES AND PAYMENTS X 0 1 SCHOLARSHIPS 50 50000 0 N/A N/A PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE FOUNDATION PROVIDES SCHOLARSHIPS TO INDIVIDUALS BASED ON MERIT. NO FORMAL MONITORING IS REQUIRED. 0 0 0 0 0 0 0 0 0 MATT KRAMER 0 156000 0 52500 0 4080 0 10629 0 5760 0 228969 0 0 SUPPLEMENTAL INFORMATION PART III THE FOUNDATION RELIES ON A RELATED ORGANIZATION, SAINT PAUL AREA CHAMBER OF COMMERCE TO DETERMINE THE COMPENSATION FOR THE PRESIDENT. THE RELATED ORGANIZATION USED THE FOLLOWING METHODS TO DETERMINE THE COMPENSATION FOR THE PRESIDENT: 1) COMPENSATION COMMITTEE 2) COMPENSATION SURVEY OR STUDY 3) APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE IS COMPOSED OF THE CHAIR, CHAIR-ELECT, TREASURER, PRESIDENT, AND OTHER MEMBERS OF THE BOARD OF DIRECTORS AS DEEMED APPROPRIATE BY THE CHAIR. THE CHAIR OF THE BOARD SERVES AS THE CHAIR OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE ACTS FOR AND ON BEHALF OF THE BOARD OF DIRECTORS WHEN THE BOARD IS NOT IN SESSION. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE FOUNDATION IS THE SAINT PAUL AREA CHAMBER OF COMMERCE, A MINNESOTA NONPROFIT CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE FOUNDATION'S BOARD OF DIRECTORS ARE ELECTED BY THE SOLE MEMBER. THE BOARD OF DIRECTORS CONSISTS OF UP TO 21 INDIVIDUALS, INCLUDING THE FOLLOWING WHO ARE EX-OFFICIO, VOTING DIRECTORS: THE PRESIDENT AND THE TREASURER OF THE SAINT PAUL AREA CHAMBER OF COMMERCE. FORM 990, PART VI, SECTION A, LINE 7B AMENDMENTS TO THE FOUNDATION'S BYLAWS MUST BE APPROVED BY THE SOLE MEMBER. FORM 990, PART VI, SECTION B, LINE 11 MANAGEMENT REVIEWED THE FORM 990 WITH THE ORGANIZATION'S AUDITORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FOUNDATION'S CONFLICT OF INTEREST POLICY COVERS ALL OFFICERS, DIRECTORS, AND EXECUTIVES INCLUDING THOSE AS DESIGNATED ANNUALLY BY THE PRESIDENT OF THE CHAMBER WHO ARE REQUIRED TO ANNUALLY REPORT RELATIONSHIPS WHICH MAY GIVE RISE TO A CONFLICT OF INTEREST. IF A POTENTIAL CONFLICT OF INTEREST EXISTS, SAID OFFICER, DIRECTOR, OR EXECUTIVE SHALL GIVE THE BOARD OF DIRECTORS OF THE FOUNDATION NOTICE OF SUCH CONFLICT OF INTEREST OR RELATIONSHIP AND SHALL THEREAFTER REFRAIN FROM VOTING OR OTHERWISE ATTEMPTING TO EXERT ANY INFLUENCE ON THE CHAMBER TO AFFECT ITS DECISION TO PARTICIPATE OR NOT PARTICIPATE IN SUCH TRANSACTION. THE REMAINING MEMBERS OF THE BOARD OF DIRECTORS SHALL DETERMINE IF AN ACTUAL CONFLICT OF INTEREST EXISTS. ALL PROCEEDINGS RELATED TO CONFLICTS OF INTEREST ARE DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15A THE CHAMBER'S PERSONNEL COMMITTEE REVIEWS AND APPROVES COMPENSATION FOR THE PRESIDENT BASED ON COMPARABLE DATA FOR SIMILAR POSITIONS. THE PROCESS WAS MOST RECENTLY CONTEMPORANEOUSLY SUBSTANTIATED IN JANUARY, 2012 FOR THE PRESIDENT, M. KRAMER. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION DOES NOT MAKE ITS ORGANIZATIONAL DOCUMENTS, FINANCIAL STATEMENTS, OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. SAINT PAUL AREA CHAMBER OF COMMERCE 401 NORTH ROBERT STREET SUITE 150 ST PAUL MN 55101 410518490 CHAMBER OF COMMERCE MN 501(C)(6) N/A N/A 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 0 0 SAINT PAUL AREA CHAMBER OF COMMERCE L 89890 CASH SAINT PAUL AREA CHAMBER OF COMMERCE O 21530 CASH