2012-05-14T19:23:55-05:00 2011-08-31 PETERSON SULLIVAN LLP CPA'S 601 UNION ST STE 2300 SEATTLE WA 981012345 990 2010-09-01 910402330 GREATER SEATTLE CHAMBER OF COMMERCE GREA 2063897200 1301 5TH AVE NO 2500 SEATTLE WA 981012611 MAUD DAUDON 2063897200 2012-05-08 1 RAYMON G HOLMDAHL 2063827777 2012-05-08 2010 2016-02-24 21:20:13Z MAUD DAUDON 1301 5TH AVE NO 2500 SEATTLE WA 981012611 5674446 0 X WWW.SEATTLECHAMBER.COM X 1882 WA WE CONNECT OUR MEMBERS TO THE PEOPLE, INFORMATION AND RESOURCES THEY NEED TO GROW THEIR BUSINESS AND MAKE A POSITIVE IMPACT ON THE FUTURE OF THE REGION. OUR EFFORTS FALL UNDER THREE MAJOR CATEGORIES: BUSINESS ADVOCACY, BUSINESS DEVELOPMENT, AND COLLABORATIVE LEADERSHIP. 95 95 71 300 0 0 1287947 1379992 3765166 3833743 259054 237237 -18447 133666 5293720 5584638 1500 0 0 0 3249434 3481074 0 0 0 2414328 2411406 5665262 5892480 -371542 -307842 12162546 12822539 1957175 1901869 10205371 10920670 X WE CONNECT OUR MEMBERS TO THE PEOPLE, INFORMATION AND RESOURCES THEY NEED TO GROW THEIR BUSINESS AND MAKE A POSITIVE IMPACT ON THE FUTURE OF THE REGION. OUR EFFORTS FALL UNDER THREE MAJOR CATEGORIES: BUSINESS ADVOCACY, BUSINESS DEVELOPMENT, AND COLLABORATIVE LEADERSHIP. 0 0 3784207 3246546 CHAMBER OF COMMERCE: IMPROVED AND PROTECTED THE BUSINESS CLIMATE AND QUALITY OF LIFE IN THE GREATER SEATTLE REGION THROUGH PROMOTION OF THE FREE ENTERPRISE SYSTEM AND VARIOUS PROGRAMS AND INITIATIVES. 565224 497753 TRADE DEVELOPMENT ALLIANCE FUND (TDA): THE MISSION OF TDA IS TO ENHANCE THE INTERNATIONAL RECOGNITION OF THE GREATER SEATTLE REGION AS A CENTER OF INTERNATIONAL COMMERCE AND TRANSPORTATION, TO FOSTER COORDINATION AMONG IT'S PARTNERS AND TO ASSIST LOCAL BUSINESSES, ESPECIALLY SMALL AND MEDIUM-SIZE COMPANIES, IN THEIR EFFORTS TO PROMOTE THEIR PRODUCTS AND SERVICES IN GLOBAL MARKETS. 680050 90010 TECHNOLOGY ALLIANCE FUND (TA): TA WORKS TO BROADEN THE CONSTITUENCY FOR TECHNOLOGY-BASED ECONOMIC DEVELOPMENT AND IMPLEMENTS PROGRAMS THAT ADVANCE THE STATE'S TECHNOLOGY ECONOMY. 114098 2055 CENTER FOR COMMUNITY SERVICE FUND (CCS): SUPPORTS PROGRAMS SUCH AS URBAN ENTERPRISE CENTER WHICH WORKS TO HELP MINORITY BUSINESSES IN THE REGION TO SUCCEED. 114098 2055 5143579 0 1 1 1 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 29 0 1 71 1 0 0 0 0 1 1 0 0 0 X 95 95 1 0 0 0 1 0 1 1 1 0 0 1 1 1 1 1 0 1 1 0 WA X X SARAI CHILDS 2063897200 1301 5TH AVE NO 2500 SEATTLE WA 981012611 MAUD DAUDON 15.00 X X 0 0 0 SKIP KOTKINS JR 15.00 X X 0 0 0 BOB DONEGAN 5.00 X X 0 0 0 MIKE DWYER 5.00 X X 0 0 0 RICHARD WIRTHLIN 5.00 X X 0 0 0 DAVID ALLEN 1.00 X 0 0 0 SAM ANDERSON 1.00 X 0 0 0 BOB AYLWARD 1.00 X 0 0 0 DOUG BEIGHLE 1.00 X 0 0 0 SHANNON BOLDIZSAR 1.00 X 0 0 0 ALEXANDER BORROMEO 1.00 X 0 0 0 KEVIN BOUCHILLON 1.00 X 0 0 0 JONATHAN BRIDGE 1.00 X 0 0 0 PHIL BUSSEY 1.00 X 0 0 0 ROBERT CARLILE 1.00 X 0 0 0 MARTHA CHOE 1.00 X 0 0 0 KEVIN CLARK 1.00 X 0 0 0 JAMES CLAYTON 1.00 X 0 0 0 KEN COLLING 1.00 X 0 0 0 TRACY CORLEY 1.00 X 0 0 0 PAT COSTELLO 1.00 X 0 0 0 STEVE CROWN 1.00 X 0 0 0 CLARK DAFFERN 1.00 X 0 0 0 LLOYD DAVID 1.00 X 0 0 0 JOHN DIETRICH 1.00 X 0 0 0 GREG DIETZEL 1.00 X 0 0 0 DAN DIXON 1.00 X 0 0 0 JAMES DONALDSON 1.00 X 0 0 0 SUSAN DUFFY 1.00 X 0 0 0 GENE DUVERNOY 1.00 X 0 0 0 KRIS ENGSKOV 1.00 X 0 0 0 PATRICIA FEAREY 1.00 X 0 0 0 ANNE FENNESSY 1.00 X 0 0 0 ROGER FLINT 1.00 X 0 0 0 JOHN FLUKE JR 1.00 X 0 0 0 DAMIEN FOGLIO 1.00 X 0 0 0 CURT FRASER 1.00 X 0 0 0 MAUREEN FRISCH 1.00 X 0 0 0 LINDA GAINER 1.00 X 0 0 0 JOSE GAITAN 1.00 X 0 0 0 A STANLEY GENT 1.00 X 0 0 0 GLENN GREGORY 1.00 X 0 0 0 GEORGE GRIFFIN III 1.00 X 0 0 0 CHRIS HAMILTON 1.00 X 0 0 0 TOM HANSEN 1.00 X 0 0 0 ROBERT HARVEY 1.00 X 0 0 0 GEORGE HELMER 1.00 X 0 0 0 SUSAN HEMPSTEAD 1.00 X 0 0 0 ROD HOCHMAN 1.00 X 0 0 0 RANDY HODGINS 1.00 X 0 0 0 YOGI HUTSEN 1.00 X 0 0 0 ROBERT INGRAM 1.00 X 0 0 0 RON JENKINS 1.00 X 0 0 0 GARY KAPLAN 1.00 X 0 0 0 DONALD KING 1.00 X 0 0 0 HL SKIP KOTKINS 1.00 X 0 0 0 ANTON KUSAK III 1.00 X 0 0 0 MEGAN LAWRENCE 1.00 X 0 0 0 CHARLIE LIEKWEG 1.00 X 0 0 0 PAMELA MACEWAN 1.00 X 0 0 0 JILL MACKIE 1.00 X 0 0 0 BRENDAN MANGAN 1.00 X 0 0 0 JOHN MATTHEWS 1.00 X 0 0 0 JACK MCRAE 1.00 X 0 0 0 MARY MCWILLIAMS 1.00 X 0 0 0 DANN MEAD SMITH 1.00 X 0 0 0 BRAD MILLER 1.00 X 0 0 0 J SHAN MULLIN 1.00 X 0 0 0 KIRK NELSON 1.00 X 0 0 0 MATTHEW NICKERSON 1.00 X 0 0 0 TOM NORWALK 1.00 X 0 0 0 TIM NOWLIS 1.00 X 0 0 0 ROGER NYHUS 1.00 X 0 0 0 ROBERT O'BRIEN 1.00 X 0 0 0 PETER ORSER 1.00 X 0 0 0 LAWRENCE PANG 1.00 X 0 0 0 JAMES PARKIN 1.00 X 0 0 0 BOB PETERS 1.00 X 0 0 0 LAURA PETERSON 1.00 X 0 0 0 ERIC PETTIGREW 1.00 X 0 0 0 JIM POTTER 1.00 X 0 0 0 JOE QUINTANA 1.00 X 0 0 0 KIM RICKETTS 1.00 X 0 0 0 JOHN RINDLAUB 1.00 X 0 0 0 GREG ROOT 1.00 X 0 0 0 JUDITH RUNSTAD 1.00 X 0 0 0 RITA RYDER 1.00 X 0 0 0 PATRICIA SERIE 1.00 X 0 0 0 DELEE SHOEMAKER 1.00 X 0 0 0 JARED SMITH 1.00 X 0 0 0 ALEX SMITH 1.00 X 0 0 0 MIKE SOTELO 1.00 X 0 0 0 DON STARK 1.00 X 0 0 0 MOLLY STEARNS 1.00 X 0 0 0 GARY STRANNIGAN 1.00 X 0 0 0 DAVID TANG 1.00 X 0 0 0 LYN TANGEN 1.00 X 0 0 0 EMORY THOMAS 1.00 X 0 0 0 SUZANNE THOMAS 1.00 X 0 0 0 IRWIN TREIGER 1.00 X 0 0 0 DAVID TYNER 1.00 X 0 0 0 LISA VERHOVEK 1.00 X 0 0 0 BRENDAN VIERRA 1.00 X 0 0 0 ROBERT WALLACE 1.00 X 0 0 0 ANDY WAPPLER 1.00 X 0 0 0 JAMES WARJONE 1.00 X 0 0 0 TAYLOE WASHBURN 1.00 X 0 0 0 MARK WEED 1.00 X 0 0 0 HS WRIGHT III 1.00 X 0 0 0 WILLIAM WURTS 1.00 X 0 0 0 TAY YOSHITANI 1.00 X 0 0 0 DAN YOUMANS 1.00 X 0 0 0 PHILIP BUSSEY 40.00 X 264900 0 31911 SUSANNAH MALARKEY 40.00 X 161847 0 24785 KAREN DAVREN 32.00 X 43747 0 3049 SARAI CHILDS 40.00 X 39614 0 5567 GEORGE ALLEN 40.00 X 104781 0 22244 GREG HUEY 40.00 X 106480 0 8976 EMILIA JORDAN 40.00 X 100544 0 24319 MICHAEL WU 40.00 X 109424 0 20241 GEORGE DUFF X 0 0 20000 WILLIAM STAFFORD 40.00 X 76692 0 5851 1008029 0 166943 6 1 1 0 0 89785 1290207 200085 1379992 MEMBER DUES 900099 1791689 1791689 PROGRAM EVENTS 900099 1590451 1590451 DUES FROM GOV'T AGENCY 900099 451603 451603 3833743 237237 237237 199735 199735 20085 89785 88775 -68690 -68690 756 1033 -277 -277 OTHER REVENUE 900099 2898 2898 2898 5584638 3836364 0 368282 689205 597541 91664 2038865 1767696 271169 95937 83177 12760 424795 368297 56498 232272 201380 30892 39483 525 38958 27250 27250 142370 137703 4667 3146 2728 418 128146 111998 16148 497662 431473 66189 71911 62347 9564 50197 43521 6676 152953 132610 20343 40939 35494 5445 EVENTS/PROGRAMS 1122682 1050333 72349 BANK FEES 52825 45799 7026 TAXES/LICENSES 37757 32735 5022 MISCELLANEOUS 25838 22402 3436 DUES AND SUBSCRIPTIONS 18247 15820 2427 5892480 5143579 748901 0 725244 1342628 138696 190461 213099 259489 86679 110079 3539491 3106639 264851 432852 10733977 10487030 12162546 12822539 428255 368115 1140251 1242213 388669 291541 1957175 1901869 X 10177139 10860467 28232 60203 10205371 10920670 12162546 12822539 X -307842 1023141 X X 0 1 1 X 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 213113 0 0 0 0 2243292 169540 -16829 152711 224329 -71618 ORGANIZATIONS DIRECT AND INDIRECT POLITICAL CAMPAIGN ACTIVITIES: PART I-A, LINE 1: LOBBYING ACTIVITIES AT STATE, LOCAL, AND FEDERAL LEVELS TO CREATE PRO-BUSINESS ENVIRONMENT AND TRADE FOR SEATTLE AND WASHINGTON STATE BUSINESSES AND MEMBER COMPANIES. ISSUES INCLUDED: MANDATORY SICK LEAVE, B&O TAX LEGISLATION, EDUCATION REFORM, TRANSPORTATION ISSUES SPECIFIC TO 520 TOLLING AND VIADUCT. 6636932 788705 507128 6918509 6697698 407418 468184 6636932 7779084 -624882 456504 6697698 1.00000 0 0 260540 199238 61302 3278951 2907401 371550 432852 REFUNDABLE ADVANCES 77456 DEFERRED LEASE COSTS 214085 291541 5584638 5892480 -307842 1023141 1023141 715299 6786039 1023141 88452 89808 1201401 5584638 0 5584638 6070740 88452 89808 178260 5892480 0 5892480 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: PROVIDE FACILITIES FUNDING PART XII, LINE 2D - OTHER ADJUSTMENTS: COGS EXPENSE INCLUDED ON LINE 10B 1,033. SPECIAL EVENT EXPENSE INCLUDED ON LINE 8B 88,775. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COGS EXPENSE INCLUDED ON LINE 10B 1,033. SPECIAL EVENT EXPENSE INCLUDED ON LINE 8B 88,775. GOLF TOURNAMENT 109870 89785 20085 13359 14928 60488 109870 89785 20085 13359 14928 60488 88775 -68690 X 1 1 X X 0 1 0 PHILIP BUSSEY 244900 0 20000 0 0 0 12831 0 19080 0 296811 0 0 0 SUSANNAH MALARKEY 161847 0 0 0 0 0 8408 0 16377 0 186632 0 0 0 GEORGE DUFF 0 0 0 0 0 0 20000 0 0 0 20000 0 0 0 WILLIAM STAFFORD 76692 0 0 0 0 0 2216 0 3635 0 82543 0 0 0 PART I, LINE 1A THE ORGANIZATION PAYS FOR THE TRAVEL (AIRFARE) OF CEO'S WIFE TO ACCOMPANY CEO ON THE INTERNATIONAL STUDY MISSIONS COMPLETED BY THE CHAMBER. THIS IS DONE EACH YEAR BASED ON THE RELATIONSHIP BUILDILNG THAT SHE DOES AND VALUE ADDED TO THE TRIP. PART I, LINE 4B GEORGE DUFF, A FORMER PRESIDENT, RECEIVED $20,000 OF DEFERRED COMPENSATION. DON STARK BOARD MEMBER 22500 LEGAL FEES PAID TO BOARD MEMBER'S FIRM 0 X SOFTWARE AND HARDWARE 1 200085 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 ALL OF OUR BOARD MEMBERS' COMPANIES ARE MEMBERS OF THE CHAMBER. OUR SECRETARY'S COMPANY LANE POWELL IS OUR LEGAL COUNCIL, AND WE CONDUCT ARMS LENGTH TRANSACTIONS WITH SEVERAL COMPANIES OF OUR BOARD MEMBERS (I.E. PURCHASE COFFEE FROM STARBUCKS). THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY AND ANY BOARD MEMBER, DIRECTOR, TRUSTEE, OR KEY EMPLOYEE WITH A CONFLICT IS NOT PARTICIPATORY IN DECISION MAKING RELATED TO SUCH CONFLICTS. THERE WERE NONE IN THE CURRENT YEAR. FORM 990, PART VI, SECTION A, LINE 6 THE CHAMBER IS A MEMBERSHIP ORGANIZATION OF OVER 2200 BUSINESSES WHICH SUPPORT IMPROVING THE BUSINESS CLIMATE OF THE REGION. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN DECISIONS SUCH AS CHANGES TO THE BYLAWS ARE SUBJECT TO MEMBER APPROVAL AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY THE CHAMBER'S INDEPENDENT CPA FIRM AND REVIEWED BY THE CHAMBER'S CFO. A COPY OF THE RETURN IS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C EXECUTIVE COMMITTEE MEMBERS AND KEY EMPLOYEES COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM EACH YEAR, CFO COLLECTS, REVIEWS AND RELAYS CONFLICTS TO FINANCE/AUDIT COMMITTEE AND MEMBERS OF MANAGEMENT TEAM. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S SALARY IS DETERMINED BY THE CURRENT BOARD CHAIR, PRIOR BOARD CHAIR, AND NEXT BOARD CHAIR, WHO MEET TO DISCUSS AND APPROVE EXECUTIVE COMPENSATION FOR THE CEO USING DATA THAT INCLUDES COMPARATIVE COMPENSATION DATA. OTHER OFFICER'S SALARIES ARE DETERMINED BY THE CEO AND SENIOR VICE PRESIDENTS OF THE CHAMBER ANNUALLY, BASED ON INDIVIDUAL MERIT AND ORGANIZATIONAL OPERATING RESULTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR REVIEW BY THE BOARD OF TRUSTEES UPON REQUEST, BUT ARE NOT GENERALLY MADE AVAILABLE TO THE PUBLIC BY THE ORGANIZATION, OTHER THAN WHAT IS AVAILABLE FROM GOVERNMENT AGENCIES. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 1,023,141. FORM 990, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART VI, LINE 1A THE EXECUTIVE COMMITTEE MEETS MONTHLY AND IS AUTHORIZED TO ACT ON BEHALF OF THE BOARD. GENERAL NOTE THE 990 INCLUDES THE CENTER FOR COMMUNITY SERVICE FUND, A 501(C)3 TAX EXEMPT ORGANIZATION WITH FEDERAL TAX ID# 91-1648680. CCS IS A SEPARATELY RECOGNIZED 501(C)3 THAT IS A SUBSET OF THE LEGAL ENTITY "THE GREATER SEATTLE CHAMBER OF COMMERCE", BUT IS NOT A SEPARATE LEGAL ENTITY ITSELF. SEPARATE BOOKS AND RECORDS ARE MAINTAINED TO CORRECTLY SUMMARIZE ALL CCS ACTIVITY. A SEPARATE 990-N WILL BE FILED WITH THE IRS, BUT ALL ACTIVITY FOR THE CENTER FOR COMMUNITY SERVICE IS INCLUDED ON THE GREATER SEATTLE CHAMBER OF COMMERCE FORM 990.