MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION (EIN 36-3468708)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-08-13
IRS object ID
201342259349302789
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

FieldValueIRS element (for citing)
Timestamp2013-08-13T15:51:26-05:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN410746749EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1220 SOUTH SIXTH STREET SUITE 300AddressLine1
CityMINNEAPOLISCity
StateMNState
ZIP Code55402ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN363468708EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1MINNEAPOLIS REGIONAL CHAMBERBusinessNameLine1
Business Name Line2DEVELOPMENT FOUNDATIONBusinessNameLine2
FieldValueIRS element (for citing)
Name ControlMINNNameControl
Phone6123709100Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line181 SOUTH NINTH STREET NO 200AddressLine1
CityMINNEAPOLISCity
StateMNState
ZIP Code55402ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameTODD KLINGELName
TitlePRESIDENT & CEOTitle
Phone6123709100Phone
Date Signed2013-08-05DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameJOHN TAUERName
PTINP00294068PTIN
Phone6123764500Phone
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonTODD KLINGELNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line181 SOUTH NINTH STREET NO 200AddressLine1
CityMINNEAPOLISCity
StateMNState
ZIP Code55402ZIPCode
FieldValueIRS element (for citing)
Gross Receipts327900GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteWWW.MINNEAPOLISCHAMBER.ORGWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1986YearFormation
State Legal DomicileMNStateLegalDomicile
Activity Or Mission DescriptionTO ENHANCE THE QUALITY OF LIFE AND LEADERSHIP SKILLS IN THE MINNEAPOLIS AND ST. PAUL AREAS.ActivityOrMissionDescription
Nbr Voting Members Governing Body42NbrVotingMembersGoverningBody
Nbr Independent Voting Members42NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Nbr Volunteers42TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year470250ContributionsGrantsPriorYear
Contributions Grants Current Year327900ContributionsGrantsCurrentYear
Program Service Revenue Prior Year0ProgramServiceRevenuePriorYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Prior Year0InvestmentIncomePriorYear
Investment Income Current Year0InvestmentIncomeCurrentYear
Other Revenue Prior Year0OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year470250TotalRevenuePriorYear
Total Revenue Current Year327900TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year0GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY0GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year0SalariesEtcPriorYear
Salaries Etc Current Year0SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year0TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year249299OtherExpensePriorYear
Other Expenses Current Year599672OtherExpensesCurrentYear
Total Expenses Prior Year249299TotalExpensesPriorYear
Total Expenses Current Year599672TotalExpensesCurrentYear
Revenues Less Expenses Prior Year220951RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-271772RevenuesLessExpensesCY
Total Assets BOY444365TotalAssetsBOY
Total Assets EOY157584TotalAssetsEOY
Total Liabilities BOY31380TotalLiabilitiesBOY
Total Liabilities EOY16371TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY412985NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY141213NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionTHE MISSION OF THE MINNEAPOLIS CHAMBER OF COMMERCE DEVELOPMENT FOUNDATION IS TO OFFER INNOVATIVE WAYS OF REDUCING UNEMPLOYMENT, IMPROVE EDUCATIONAL OPPORTUNITIES FOR DISADVANTAGED YOUTH, INITIATE AND CONDUCT LEADERSHIP DEVELOPMENT PROGRAMS AND PROMOTE EFFORTS THAT ENHANCE THE QUALITY OF LIFE AND LEADERSHIP SKILLS IN THE MINNEAPOLIS AND ST. PAUL AREAS.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense596660Expense
Grants0Grants
Revenue0Revenue
DescriptionECONOMIC DEVELOPMENT: THROUGH THE MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION, THE CHAMBER PROVIDES LEADERSHIP PROGRAMS THAT ARE DESIGNED TO EDUCATE CURRENT AND FUTURE BUSINESS EXECUTIVES ABOUT RELEVANT COMMUNITY ISSUES. INFORMATIONAL EVENTS AND NETWORKING OPPORTUITIES ARE DESIGNED TO PROVIDE BUSINESS ECONOMIC DEVELOPMENT AND COMMUNITY INVOLVEMENT. IN 2007, DEVELOPMENT BEGAN ON THE ECONOMIC DEVELOPMENT WEBSITE WHICH IS A COLLABORATIVE WEBSITE FOR THE 11-COUNTY METOR AREA THAT INCORPORTATES GEOGRAPHIC INFORMATION SYSTEMS (GIS) TECHNOLOGY IN ORDER TO COMPETITIVELY MEET THE INFORMATION NEEDS OF DECISION MAKERS FOR EXPANDING AND RELOCATING BUSINESSES INCLUDING INFORMATION ON THE ECONOMY, WORKFORCE, AND DEVELOPMENT ASSETS THROUGOUT THE METRO AREA. DURING 2011, THE WEBSITE WAS GIVEN TO METROMSP, AND INDEPENDENT ORGANIZATION TO MAINTAIN AND GROW. DURING 2012, THE MINNEAPOLIS REGIONAL CHAMBER OF COMMERCE DEVELOPMENT FOUNDATION BEGAN AN INITIATIVE TO ADDRESS A REGIONAL TRANSIT SYSTEM.Description
Total Program Service Expense596660TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities1LobbyingActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Report Land Bldg Equip0ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities1ReportOtherLiabilities
Report Fin48 Footnote1ReportFin48Footnote
Independent Audit Financial Stmt0IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt1ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations0GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required1ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity1RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org1TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With10962NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Number Of Employees0NumberOfEmployees
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions0QuidProQuoContributions
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members42NbrVotingGoverningBodyMembers
Number Independent Voting Members42NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body0Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO0CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledMNStatesWhereCopyOfReturnIsFiled
Own WebsiteXOwnWebsite
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1CHERYL BUTZBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number6123709141TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line181 S NINTH STREET 200AddressLine1
CityMINNEAPOLISCity
StateMNState
ZIP Code55402ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (51 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekAverage Hours Per Week RelatedAverageHoursPerWeekRelatedIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
CHARLES ZELLE
CHAIR1.001.00XX000
SUSAN ADAMS LOYD
PAST CHAIR1.001.00XX000
PATRICIA GRAZZINI
TREASURER1.001.00XX000
MARK ADKINS
BOARD DIRECTOR0.100.30X000
JEFF ANDERSON
BOARD DIRECTOR0.100.30X000
TODD ANLAUF
BOARD DIRECTOR0.100.30X000
JIM BENA
BOARD DIRECTOR0.100.30X000
STEVE BIANCHI
BOARD DIRECTOR0.100.30X000
DON BORNHORST
BOARD DIRECTOR0.100.30X000
RANDY BOUSHEK
BOARD DIRECTOR0.100.30X000
TALMADGE CENTERS
BOARD DIRECTOR0.100.30X000
JOHN COLBOURNE
BOARD DIRECTOR0.100.30X000
MIKE DIMOND
BOARD DIRECTOR0.100.30X000
KRISTINE DONATELLE
BOARD DIRECTOR0.100.30X000
PHILIP EICKHOFF
BOARD DIRECTOR0.100.30X000
KIP ELLIOT
BOARD DIRECTOR0.100.30X000
DEBORAH FERRY
BOARD DIRECTOR0.100.30X000
THOMAS GERSTER
BOARD DIRECTOR0.100.30X000
SAM GRABARSKI
BOARD DIRECTOR0.100.30X000
LINDA HALLER
BOARD DIRECTOR0.100.30X000
ERIC HALVORSON
BOARD DIRECTOR0.100.30X000
JOANN HANSON
BOARD DIRECTOR0.100.30X000
CORY HOEPPNER
BOARD DIRECTOR0.100.30X000
STEVE JAHN
BOARD DIRECTOR0.100.30X000
MATT JOHNSON
BOARD DIRECTOR0.100.30X000
THEODORE JOHNSON
BOARD DIRECTOR0.100.30X000
WILLIAM JONASON
BOARD DIRECTOR0.100.30X000
BRIEN KENNEDY
BOARD DIRECTOR0.100.30X000
MICHAEL KLINGENSMITH
BOARD DIRECTOR0.100.30X000
LEE KOCH
BOARD DIRECTOR0.100.30X000
TONI LEA
BOARD DIRECTOR0.100.30X000
KEVIN LEWIS
BOARD DIRECTOR0.100.30X000
MARK LUCKE
BOARD DIRECTOR0.100.30X000
LAURA MCCARTEN
BOARD DIRECTOR0.100.30X000
LAURA MORET
BOARD DIRECTOR0.100.30X000
JEFFREY D PETERSON
BOARD DIRECTOR0.100.30X000
DAVID PRINCE
BOARD DIRECTOR0.100.30X000
IRENE QUARSHIE
BOARD DIRECTOR0.100.30X000
WILL ROACH
BOARD DIRECTOR0.100.30X000
JIM ROTH
BOARD DIRECTOR0.100.30X000
RANDY SANDS
BOARD DIRECTOR0.100.30X000
CATHY SCHMIDT
BOARD DIRECTOR0.100.30X000
DAN SEEMAN
BOARD DIRECTOR0.100.30X000
KENNETH SORENSEN
BOARD DIRECTOR0.100.30X000
MARK STENGLEIN
BOARD DIRECTOR0.100.30X000
DAVID TASHJIAN
BOARD DIRECTOR0.100.30X000
MELVIN TENNANT
BOARD DIRECTOR0.100.30X000
PHILLIP TRIER
BOARD DIRECTOR0.100.30X000
JOSEPH VORTHERMS
BOARD DIRECTOR0.100.30X000
LESLIE WATSON
BOARD DIRECTOR0.100.30X000
TODD KLINGEL
PRESIDENT/CEO5.0040.00X017316050465
FieldValueIRS element (for citing)
Total Reportable Comp From Org0TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs173160TotalReportableCompFrmRltdOrgs
Total Other Compensation50465TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K1TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources

Contractor Compensation ContractorCompensation

Name Of Contractor NameOfContractor

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1GRASS ROOTS SOLUTIONSBusinessNameLine1

Address Of Contractor AddressOfContractor

Address US AddressUS

FieldValueIRS element (for citing)
Address Line12828 UNIVERSITY AVENUE SE 150AddressLine1
CityMINNEAPOLISCity
StateMNState
ZIP Code55414ZIPCode
FieldValueIRS element (for citing)
Description Of ServicesCONSULTANTS FOR TRANSIT INITIATIVEDescriptionOfServices
Compensation208690Compensation
FieldValueIRS element (for citing)
Number Of Contractors GT100 K1NumberOfContractorsGT100K
All Other Contributions327900AllOtherContributions
Total Contributions327900TotalContributions

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column327900TotalRevenueColumn
Related Or Exempt Function Income0RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$0ExclusionAmount
FieldValueIRS element (for citing)
Info In Schedule O Part IXXInfoInScheduleOPartIX

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total3102Total
Program Services90ProgramServices
Management And General3012ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

FieldValueIRS element (for citing)
Total57007Total
Program Services57007ProgramServices

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total514385Total
Program Services514385ProgramServices

Advertising Advertising

FieldValueIRS element (for citing)
Total18060Total
Program Services18060ProgramServices

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total1169Total
Program Services1169ProgramServices

Travel Travel

FieldValueIRS element (for citing)
Total1562Total
Program Services1562ProgramServices

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total3553Total
Program Services3553ProgramServices

Other Expenses OtherExpenses

FieldValueIRS element (for citing)
DescriptionMISCELLANEOUS EXPENSESDescription
Total834Total
Program Services834ProgramServices

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total599672Total
Program Services596660ProgramServices
Management And General3012ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY269365BOY
EOY157584EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY175000BOY
EOY0EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY444365BOY
EOY157584EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY23744BOY
EOY3381EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY7636BOY
EOY12990EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY31380BOY
EOY16371EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY11906BOY
EOY4315EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY401079BOY
EOY136898EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY412985BOY
EOY141213EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY444365BOY
EOY157584EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses-271772ReconcilationRevenueExpenses
Reconcilation Other Changes0ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited

FS Audited Basis FSAuditedBasis

FieldValueIRS element (for citing)
Financial Statement ConsolidatedXFinancialStatementConsolidated
FieldValueIRS element (for citing)
Audit Committee1AuditCommittee
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years260683CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years226600CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years204910CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year470250CurrentTaxYearMinus1Year
Current Tax Year327900CurrentTaxYear
Total1490343Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years260683CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years226600CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years204910CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year470250CurrentTaxYearMinus1Year
Current Tax Year327900CurrentTaxYear
Total1490343Total
FieldValueIRS element (for citing)
Amounts Subst Contributors Total660945AmountsSubstContributorsTotal
Public Support Total170829398PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years201CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years21CurrentTaxYearMinus3Years
Total222Total
FieldValueIRS element (for citing)
Total Support1490565TotalSupport
Gross Receipts From Admissions Etc2512GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage1700.55640PublicSupportPertcentage170
Public Support Pertcent Prior Year0.64860PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170XThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Political Expenditures0PoliticalExpenditures
Volunteer Hours0VolunteerHours
Amt Of4955 Tax0AmtOf4955Tax
Amt Of4955 Tax On Managers0AmtOf4955TaxOnManagers
Volunteers1Volunteers
Paid Staff Or Management1PaidStaffOrManagement
Media Advertisements0MediaAdvertisements
Mailings Members0MailingsMembers
Publications Or Broadcast0PublicationsOrBroadcast
Grants Other Organizations0GrantsOtherOrganizations
Direct Contact Legislators1DirectContactLegislators
Direct Contact Legislators$57,007DirectContactLegislatorsAmount
Rallies Demonstrations0RalliesDemonstrations
Other Activities0OtherActivities
Total Lobbying Expenditures IIB57007TotalLobbyingExpendituresIIB
Not Described In501c30NotDescribedIn501c3
Amount Of4912 Tax0AmountOf4912Tax
Amount Of Managers4912 Tax0AmountOfManagers4912Tax

Form990 Schedule C Part IV Form990ScheduleCPartIV

FieldValueIRS element (for citing)
IdentifierEXPLANATION OF LOBBYING ACTIVITIES:Identifier
Return ReferencePART II-B, LINE 1:ReturnReference
ExplanationIN 2012, THE FOUNDATION ATTEMPTED TO INFLUENCE LEGISLATION AROUND FUNDING FOR THE SOUTHWEST LIGHT RAIL TRAIN INCLUDING BONDING PROPOSALS AT THE STATE LEGISLATURE.Explanation

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Of Book Value Land Buildings0TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
DescriptionDUE TO MINNEAPOLIS REGIONAL CHAMBER OF COMMERCEDescription
Amount$12,990Amount
FieldValueIRS element (for citing)
Total Of Amounts12990TotalOfAmounts
Footnote In Part XIIIXFootnoteInPartXIII
Tot Revenue Etc Audited Fincl Stmt2395500TotRevenueEtcAuditedFinclStmt
Other Revenues2067600OtherRevenues
Revenue Not Rptd F9902067600RevenueNotRptdF990
Revenue Subtotal327900RevenueSubtotal
Revenue Not Rptd On Fin Stmt0RevenueNotRptdOnFinStmt
Total Revenue Per Form990327900TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt2661870TotExpensesEtcAuditedFinclStmt
Other Expenses Included2062198OtherExpensesIncluded
Expenses Not Rptd F9902062198ExpensesNotRptdF990
Expenses Subtotal599672ExpensesSubtotal
Expenses Not Rptd On Fin Stmt0ExpensesNotRptdOnFinStmt
Total Expenses Per Form990599672TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:PART X, LINE 2:THE MINNEAPOLIS REGIONAL CHAMBER OF COMMERCE DEVELOPMENT FOUNDATION IS A QUALIFIED TAX-EXEMPT NONPROFIT ORGANIZATION UNDER SECTION 501(C)(3). THE FOUNDATION IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES. THE FOUNDATION'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 2,067,600.
PART XII, LINE 2D - OTHER ADJUSTMENTS:EXPENSES OF AFFILIATE REPORTED ON A SEPARATE RETURN 2,062,198.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePayment
Supplemental Nonqual Retire Plan0SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org0CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs0CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org0CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs0CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments0AnyNonFixedPayments
Initial Contract Exception0InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII

FieldValueIRS element (for citing)
Name PersonTODD KLINGELNamePerson
TitlePRESIDENT/CEOTitle
Base Compensation Filing Org0BaseCompensationFilingOrg
Comp Based On Related Orgs161942CompBasedOnRelatedOrgs
Bonus Filing Org0BonusFilingOrg
Bonus Related Orgs10000BonusRelatedOrgs
Other Compensation Filing Org0OtherCompensationFilingOrg
Other Compensation Related Orgs1218OtherCompensationRelatedOrgs
Deferred Comp Filing Org0DeferredCompFilingOrg
Deferred Comp Related Orgs22702DeferredCompRelatedOrgs
Nontaxable Benefits Filing Org0NontaxableBenefitsFilingOrg
Nontaxable Benefits Related Orgs27763NontaxableBenefitsRelatedOrgs
Total Compensation Filing Org0TotalCompensationFilingOrg
Total Compensation Related Orgs223625TotalCompensationRelatedOrgs
Comp Report Prior990 Filing Org0CompReportPrior990FilingOrg
Comp Report Prior990 Related Orgs10000CompReportPrior990RelatedOrgs

Form990 Schedule J Part III Form990ScheduleJPartIII

FieldValueIRS element (for citing)
IdentifierSUPPLEMENTAL INFORMATIONIdentifier
Return ReferencePART IIIReturnReference
ExplanationTHE FOUNDATION RELIED ON A RELATED ORGANIZATION TO DETERMINE COMPENSATION FOR THE EXECUTIVE DIRECTOR. THE RELATED ORGANIZATION USED THE FOLLOWING PRACTICES TO DETERMINE COMPENSATION FOR THE EXECUTIVE DIRECTOR: 1) COMPENSATION COMMITTEE 2) FORM 990 OF OTHER ORGANIZATIONS 3) COMPENSATION SURVEY OR STUDY 4) APPROVAL BY THE BOARD OR COMPENSATION COMMITTEEExplanation

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

Return ReferenceReturnReferenceExplanationExplanationIdentifierIdentifier
FORM 990, PART VI, SECTION A, LINE 1THE BOARD OF DIRECTORS MAY DESIGNATE THREE OR MORE OF ITS MEMBERS TO CONSTITUTE THE EXECUTIVE COMMITTEE. TO THE EXTENT DETERMINED BY THE BOARD, THE EXECUTIVE COMMITTEE HAS THE FULL AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE BUSINESS OF THE FOUNDATION BETWEEN MEETINGS OF THE FULL BOARD.
FORM 990, PART VI, SECTION B, LINE 11THE RETURN IS PREPARED BY THE FOUNDATION'S INDEPENDENT ACCOUNTANT WITH THE ASSISTANCE OF MANAGEMENT. THE RETURN WILL BE PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS AFTER THE RETURN IS FILED.
FORM 990, PART VI, SECTION B, LINE 12CTHE 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 C, LINE 19THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON THE MINNEAPOLIS REGIONAL CHAMBER OF COMMERCE'S WEBSITE AND UPON REQUEST.
FORM 990, PART IX, LINE 11GCONSULTANTS: PROGRAM SERVICE EXPENSES 514,385. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 514,385.OTHER FEES

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII

Name Of Disregarded Entity NameOfDisregardedEntity

FieldValueIRS element (for citing)
Business Name Line1MINNEAPOLIS REGIONAL CHAMBER OF COMMERCEBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line181 SOUTH NINTH STREET SUITE 200AddressLine1
CityMINNEAPOLISCity
StateMNState
ZIP Code55402ZIPCode
FieldValueIRS element (for citing)
EIN410414520EIN
Primary ActivitiesECONOMIC DEVELOPMENTPrimaryActivities
Legal Domicile StateMNLegalDomicileState
Exempt Code Section501(C)(6)ExemptCodeSection
Public Charity StatusN/APublicCharityStatus
Direct Controlling Entity NAN/ADirectControllingEntityNA
Controlled Org0ControlledOrg
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents Royalties0ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org0GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org0GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org0LoansOrGuaranteesFromOtherOrg
Dividends Related Organization0DividendsRelatedOrganization
Sale Of Assets To Other Org0SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org0PurchaseOfAssetsFromOtherOrg
Exchange Of Assets0ExchangeOfAssets
Rental Of Facilities To Other Orgs0RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs0RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs0PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs1PerformOfServicesByOtherOrgs
Sharing Of Facilities1SharingOfFacilities
Sharing Of Paid Employees1SharingOfPaidEmployees
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrg
Other Transfer To Other Org1OtherTransferToOtherOrg
Other Transfer From Other Org1OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable

Name Of Other Organization NameOfOtherOrganization

FieldValueIRS element (for citing)
Business Name Line1MINNEAPOLIS REGIONAL CHAMBER OF COMMERCEBusinessNameLine1
FieldValueIRS element (for citing)
Transaction TypeRTransactionType
Amount Involved200000AmountInvolved
Method Of Amt DeterminationCASH AMOUNTMethodOfAmtDetermination

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