SPRINGFIELD BUSINESS DEVELOPMENT CORPORATION: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
SPRINGFIELD BUSINESS DEVELOPMENT CORPORATION (EIN 43-1309497)
Tax period
2011-01-01 to 2011-12-31
Filed
2012-08-09
IRS object ID
201232229349301363
Schema version
2011v1.2
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)
Timestamp2012-08-09T14:29:50-05:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1BKD LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1910 E ST LOUIS 200/PO BOX 1190AddressLine1
CitySPRINGFIELDCity
StateMOState
ZIP Code658062523ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN431309497EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1SPRINGFIELD BUSINESS DEVELOPMENT CORPORATIONBusinessNameLine1
FieldValueIRS element (for citing)
In Care Of Name% JENNIFER DALTONInCareOfName
Name ControlSPRINameControl
Phone4178625567Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1687AddressLine1
CitySPRINGFIELDCity
StateMOState
ZIP Code658011687ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameANN MARIE BAKERName
TitleTREASURERTitle
Date Signed2012-07-10DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameGary V GarwitzName
Phone4178658701Phone
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonTOM BABIKNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1PO BOX 1687AddressLine1
CitySPRINGFIELDCity
StateMOState
ZIP Code65801ZIPCode
FieldValueIRS element (for citing)
Gross Receipts332574GrossReceipts
Group Return For AffiliatesfalseGroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteWWW.BUSINESS4SPRINGFIELD.COMWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1983YearFormation
State Legal DomicileMOStateLegalDomicile
Activity Or Mission DescriptionTO PROVIDE A CONTINUED REVENUE SOURCE FOR THE CHAMBER'S ECONOMIC DEVELOPMENT PROGRAM; ASSISTING BUSINESS AND INDUSTRY AND ATTRACTING NEW BUSINESS AND INDUSTRY TO THE SPRINGFIELD AREA.ActivityOrMissionDescription
Nbr Voting Members Governing Body18NbrVotingMembersGoverningBody
Nbr Independent Voting Members17NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Nbr Volunteers25TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year84216ContributionsGrantsPriorYear
Contributions Grants Current Year95709ContributionsGrantsCurrentYear
Program Service Revenue Prior Year178923ProgramServiceRevenuePriorYear
Program Service Revenue CY235292ProgramServiceRevenueCY
Investment Income Prior Year1368InvestmentIncomePriorYear
Investment Income Current Year1573InvestmentIncomeCurrentYear
Other Revenue Prior Year0OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year264507TotalRevenuePriorYear
Total Revenue Current Year332574TotalRevenueCurrentYear
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 Year643150OtherExpensePriorYear
Other Expenses Current Year664512OtherExpensesCurrentYear
Total Expenses Prior Year643150TotalExpensesPriorYear
Total Expenses Current Year664512TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-378643RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-331938RevenuesLessExpensesCY
Total Assets BOY1392743TotalAssetsBOY
Total Assets EOY980666TotalAssetsEOY
Total Liabilities BOY60292TotalLiabilitiesBOY
Total Liabilities EOY60000TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY1332451NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY920666NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionTO PROVIDE A CONTINUED REVENUE SOURCE FOR THE CHAMBER'S ECONOMIC DEVELOPMENT PROGRAM; ASSISTING BUSINESS AND INDUSTRY AND ATTRACTING NEW BUSINESS AND INDUSTRY TO THE SPRINGFIELD AREA.MissionDescription
Significant New Program ServicesfalseSignificantNewProgramServices
Significant ChangefalseSignificantChange
Expense224895Expense
Revenue82352Revenue
DescriptionEXISTING BUSINESS SUPPORT PROGRAM - BUSINESS ASSISTANCE HAS ALWAYS BEEN A FOCUS OF THE CHAMBER'S ECONOMIC DEVELOPMENT STAFF BUT, IN 2011, THE SBDC FORMALIZED THAT EFFORT BY IMPLEMENTING A NEW PROGRAM DEDICATED TO GROWING AND RETAINING EXISTING COMPANIES IN THE SPRINGFIELD REGION. AT ITS CORE, THE EXISTING BUSINESS SUPPORT PROGRAM INVOLVES TALKING WITH LOCAL EXECUTIVES, REMOVING BARRIERS TO THEIR GROWTH, AND PROVIDING ASSISTANCE AS THEY EXPAND.Description

Activity2 Activity2

FieldValueIRS element (for citing)
Expense212043Expense
Revenue77646Revenue
DescriptionECONOMIC DEVELOPMENT PROJECTS - IN 2011, ECONOMIC DEVELOPMENT STAFF MANAGED MORE THAN 30 ACTIVE PROJECTS AND COORDINATED 12 NEW JOB ANNOUNCEMENTS IN THE SPRINGFIELD REGION, THE MOST TANGIBLE RETURN ON ECONOMIC DEVELOPMENT INVESTMENT. IN TOTAL, THE SBDC ASSISTED IN $73.6M OF NEW CAPITAL INVESTMENT COMING TO THE REGION AND THE CREATION OF 1,167 NEW JOBS FOR RESIDENTS, RESULTING IN $40.4 MILLION IN NEW PAYROLL SPENT IN THE LOCAL ECONOMY.Description

Activity3 Activity3

FieldValueIRS element (for citing)
Expense205618Expense
Revenue75293Revenue
DescriptionMARKETING THE REGION - IN 2011, THE SBDC UNDERTOOK MORE AGGRESSIVE MARKETING OF THE SPRINGFIELD REGION THROUGH TARGET INDUSTRY TRADE SHOWS AND MEETING WITH SITE SELECTION CONSULTANTS. MARKETING AND BUSINESS ATTRACTION EFFORTS FOCUSED ON THE TARGET INDUSTRIES IDENTIFIED BY MARKET STREET SERVICES IN 2010, WHICH REFLECTS THE SUCCESS THE REGION HAS EXPERIENCED IN DRAWING COMPANIES TO THE AREA, AS WELL AS NEW INDUSTRIES FOR WHICH THE REGION HAS COMPETITVE ADVANTAGES.Description
FieldValueIRS element (for citing)
Total Program Service Expense642556TotalProgramServiceExpense
Described In501 C3trueDescribedIn501C3
Schedule B RequiredtrueScheduleBRequired
Political ActivitiesfalsePoliticalActivities
Lobbying ActivitiesfalseLobbyingActivities
Donor Advised FundsfalseDonorAdvisedFunds
Conservation EasementsfalseConservationEasements
Collections Of ArtfalseCollectionsOfArt
Credit CounselingfalseCreditCounseling
Term Or Permanent EndowmentsfalseTermOrPermanentEndowments
Report Land Bldg EquiptrueReportLandBldgEquip
Report Invest Oth SecuritiesfalseReportInvestOthSecurities
Report Prog Rel InvestfalseReportProgRelInvest
Report Other AssetstrueReportOtherAssets
Report Other LiabilitiesfalseReportOtherLiabilities
Report Fin48 FootnotefalseReportFin48Footnote
Independent Audit Financial StmttrueIndependentAuditFinancialStmt
Consolidated Audit Financial StmtfalseConsolidatedAuditFinancialStmt
SchoolfalseSchool
Foreign OfficefalseForeignOffice
Foreign ActivitiesfalseForeignActivities
More Than5000 K To OrganizationsfalseMoreThan5000KToOrganizations
More Than5000 K To IndividualsfalseMoreThan5000KToIndividuals
Professional FundraisingfalseProfessionalFundraising
Fundraising ActivitiesfalseFundraisingActivities
GamingfalseGaming
HospitalfalseHospital
Grants To OrganizationsfalseGrantsToOrganizations
Grants To IndividualsfalseGrantsToIndividuals
Schedule J RequiredtrueScheduleJRequired
Tax Exempt BondsfalseTaxExemptBonds
Excess Benefit TransactionfalseExcessBenefitTransaction
Prior Excess Benefit TransactionfalsePriorExcessBenefitTransaction
Loan To Officer Or DQPfalseLoanToOfficerOrDQP
Grant To Related PersonfalseGrantToRelatedPerson
Bsnss Rltnshp With OrganizationfalseBsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family MemberfalseBsnssRltnshpThruFamilyMember
Officer Entity With Bsnss RltnshpfalseOfficerEntityWithBsnssRltnshp
Deductible Non Cash ContributionsfalseDeductibleNonCashContributions
Deductible Contributions Of ArtfalseDeductibleContributionsOfArt
TerminatedfalseTerminated
Partial LiquidationfalsePartialLiquidation
Disregarded EntityfalseDisregardedEntity
Related EntitytrueRelatedEntity
Related Org Controlled EntityfalseRelatedOrgControlledEntity
Transaction Related EntityfalseTransactionRelatedEntity
Transfers To Exempt Non Chrtbl OrgfalseTransfersToExemptNonChrtblOrg
Activities Conducted PartnershipfalseActivitiesConductedPartnership
Schedule O RequiredtrueScheduleORequired
Number Forms Transmitted With10962NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup WitholdingtrueComplianceWithBackupWitholding
Number Of Employees0NumberOfEmployees
Unrelated Business IncomefalseUnrelatedBusinessIncome
Foreign Financial AccountfalseForeignFinancialAccount
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTrans
Taxable Party NotificationfalseTaxablePartyNotification
Non Deductible ContributionsfalseNonDeductibleContributions
Quid Pro Quo ContributionsfalseQuidProQuoContributions
Form8282 Property Disposed OffalseForm8282PropertyDisposedOf
Funds To Pay PremiumsfalseFundsToPayPremiums
Premiums PaidfalsePremiumsPaid
Indoor Tanning ServicesfalseIndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members18NbrVotingGoverningBodyMembers
Number Independent Voting Members17NumberIndependentVotingMembers
Family Or Business RelationshipfalseFamilyOrBusinessRelationship
Delegation Of Management DutiestrueDelegationOfManagementDuties
Changes To Organizing DocsfalseChangesToOrganizingDocs
Material Diversion Or MisusefalseMaterialDiversionOrMisuse
Members Or StockholdersfalseMembersOrStockholders
Election Of Board MembersfalseElectionOfBoardMembers
Decisions Subject To ApprovalfalseDecisionsSubjectToApproval
Minutes Of Governing BodytrueMinutesOfGoverningBody
Minutes Of CommitteestrueMinutesOfCommittees
Officer Mailing AddressfalseOfficerMailingAddress
Local ChaptersfalseLocalChapters
Form990 Provided To Governing BodytrueForm990ProvidedToGoverningBody
Conflict Of Interest PolicytrueConflictOfInterestPolicy
Annual Disclosure Covered PersonstrueAnnualDisclosureCoveredPersons
Regular Monitoring EnforcementtrueRegularMonitoringEnforcement
Whistleblower PolicytrueWhistleblowerPolicy
Document Retention PolicytrueDocumentRetentionPolicy
Compensation Process CEOfalseCompensationProcessCEO
Compensation Process OtherfalseCompensationProcessOther
Investment In Joint VenturefalseInvestmentInJointVenture
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonJENNIFER DALTONNamePerson
Telephone Number4178625567TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1PO BOX 1687AddressLine1
CitySPRINGFIELDCity
StateMOState
ZIP Code658011687ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (18 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensation
JAMES B ANDERSON
BOARD SECRETARY1.0XX017965165197
THOMAS BABIK
BOARD PRESIDENT2.0XX000
ANN MARIE BAKER
BOARD TREASURER1.0XX000
SHAUN BURKE
BOARD VICE PRESIDENT1.0XX000
GREG BURRIS
BOARD MEMBER1.0X000
GARY POWELL
BOARD MEMBER1.0X
JOE JOHNSON
BOARD MEMBER1.0X000
ROGER HOWARD
BOARD MEMBER1.0X000
JAMES LEWIS
BOARD MEMBER1.0X000
TODD SHERMAN
BOARD MEMBER1.0X000
TIM ROSENBURY
BOARD MEMBER1.0X000
JOHN WANAMAKER
BOARD MEMBER1.0X000
RON HAWLEY
BOARD MEMBER1.0X000
ROB FULP
BOARD MEMBER1.0X000
JERRY HARMISON
BOARD MEMBER1.0X000
SCOTT MILLER
BOARD MEMBER1.0X000
JOE REYNOLDS
BOARD MEMBER1.0X000
JIM VIEBROCK
BOARD MEMBER1.0X000
FieldValueIRS element (for citing)
Total Reportable Comp From Org0TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs179651TotalReportableCompFrmRltdOrgs
Total Other Compensation65197TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers ListedfalseFormersListed
Total Comp GT150 KtrueTotalCompGT150K
Compensation From Other SourcesfalseCompensationFromOtherSources

Contractor Compensation ContractorCompensation

Name Of Contractor NameOfContractor

FieldValueIRS element (for citing)
Name PersonNONENamePerson
FieldValueIRS element (for citing)
Address Of ContractorAddressOfContractor
FieldValueIRS element (for citing)
Number Of Contractors GT100 K0NumberOfContractorsGT100K
All Other Contributions95709AllOtherContributions
Total Contributions95709TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncome
ECONOMIC DEVELOPMENT MANAGEMENT CONTRACT541610165000165000
ANNUAL MEETING54190038503850
ECONOMIC OUTLOOK CONFERENCE5419001365013650
REGIONAL PARTNERS SERVICES5419005250052500
MISCELLANEOUS INCOME900099292292
FieldValueIRS element (for citing)
Total Program Service Revenue235292TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column1573TotalRevenueColumn
Exclusion$1,573ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Royalties Revenue RoyaltiesRevenue

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income From Gaming NetIncomeFromGaming

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn

Net Income Or Loss NetIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column0TotalRevenueColumn
FieldValueIRS element (for citing)
Total Other Revenue0TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column332574TotalRevenueColumn
Related Or Exempt Function Income235292RelatedOrExemptFunctionIncome
Exclusion$1,573ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total0Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total0Total

Foreign Grants ForeignGrants

FieldValueIRS element (for citing)
Total0Total

Benefits To Members BenefitsToMembers

FieldValueIRS element (for citing)
Total0Total

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total0Total

Comp Disqual Persons CompDisqualPersons

FieldValueIRS element (for citing)
Total0Total

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total0Total

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total0Total

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total0Total

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total0Total

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total505000Total
Program Services505000ProgramServices

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total0Total

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total5950Total
Management And General5950ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

FieldValueIRS element (for citing)
Total0Total

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total0Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total0Total

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total0Total

Advertising Advertising

FieldValueIRS element (for citing)
Total17188Total
Program Services17188ProgramServices

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total2670Total
Program Services2670ProgramServices

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total0Total

Royalties Royalties

FieldValueIRS element (for citing)
Total0Total

Occupancy Occupancy

FieldValueIRS element (for citing)
Total0Total

Travel Travel

FieldValueIRS element (for citing)
Total33807Total
Program Services33807ProgramServices

Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials

FieldValueIRS element (for citing)
Total0Total

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total0Total

Interest Interest

FieldValueIRS element (for citing)
Total0Total

Payments To Affiliates PaymentsToAffiliates

FieldValueIRS element (for citing)
Total0Total

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total7607Total
Management And General7607ManagementAndGeneral

Insurance Insurance

FieldValueIRS element (for citing)
Total0Total

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneral
INVESTOR RELATIONS98839883
LICENSES, DUES & SUBSCRIPTIONS83998399
ECONOMIC OUTLOOK CONFERENCE1120611206
BUSINESS DEVELOPMENT3917039170

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total23632Total
Program Services23632ProgramServices

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total664512Total
Program Services642556ProgramServices
Management And General21956ManagementAndGeneral
Fundraising0Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY129362BOY
EOY183116EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY1146172BOY
EOY691448EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY3500BOY
EOY0EOY

Receivables From Officers Etc ReceivablesFromOfficersEtc

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Receivables From Disqual Persons ReceivablesFromDisqualPersons

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis58432LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec53511LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY12528BOY
EOY4921EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Investments Program Related InvestmentsProgramRelated

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Intangible Assets IntangibleAssets

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY101181BOY
EOY101181EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY1392743BOY
EOY980666EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY282BOY
EOY0EOY

Grants Payable GrantsPayable

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Deferred Revenue DeferredRevenue

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Escrow Account Liability EscrowAccountLiability

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Loans From Officers Directors LoansFromOfficersDirectors

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

FieldValueIRS element (for citing)
BOY60000BOY
EOY60000EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY10BOY
EOY0EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY60292BOY
EOY60000EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY127091BOY
EOY177377EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY1205360BOY
EOY743289EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY0BOY
EOY0EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY1332451BOY
EOY920666EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY1392743BOY
EOY980666EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses-331938ReconcilationRevenueExpenses
Reconcilation Other Changes-79847ReconcilationOtherChanges
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or ReviewfalseAccountantCompileOrReview
FS AuditedtrueFSAudited
Audit CommitteefalseAuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit RequiredfalseFederalGrantAuditRequired

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org170b1 AviXPubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years1891226CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years734765CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years78292CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year84216CurrentTaxYearMinus1Year
Current Tax Year95709CurrentTaxYear
Total2884208Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years1891226CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years734765CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years78292CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year84216CurrentTaxYearMinus1Year
Current Tax Year95709CurrentTaxYear
Total2884208Total
FieldValueIRS element (for citing)
Amounts Subst Contributors Total67364AmountsSubstContributorsTotal
Public Support Total1702816844PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years4220CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years990CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years2649CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year1368CurrentTaxYearMinus1Year
Current Tax Year1573CurrentTaxYear
Total10800Total

Other Income170 OtherIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years12920CurrentTaxYearMinus4Years
Total12920Total
FieldValueIRS element (for citing)
Total Support2907928TotalSupport
Gross Receipts From Admissions Etc991261GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage1700.96868PublicSupportPertcentage170
Public Support Pertcent Prior Year0.96174PublicSupportPertcentPriorYear
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 D IRS990ScheduleD

FieldValueIRS element (for citing)
Art Public Exhibition AmtsArtPublicExhibitionAmts
Held Works Of Art AmtsHeldWorksOfArtAmts
Current Year Minus3 YearsCurrentYearMinus3Years
LandLand
BuildingsBuildings
Leasehold ImprovementsLeaseholdImprovements

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis58432OtherCostOrOtherBasis
Depreciation53511Depreciation
Book Value4921BookValue
FieldValueIRS element (for citing)
Other Land BuildingsOtherLandBuildings
Total Of Book Value Land Buildings4921TotalOfBookValueLandBuildings

Other Assets OtherAssets

FieldValueIRS element (for citing)
DescriptionLAND FOR DEVELOPMENT-PIC WESTDescription
Book Value101181BookValue
FieldValueIRS element (for citing)
Total Book Value Other Assets101181TotalBookValueOtherAssets
Total Revenue332574TotalRevenue
Total Expenses664512TotalExpenses
Excess Or Deficit For Year-331938ExcessOrDeficitForYear
Other-$79,847OtherAmount
Total Adjustments-79847TotalAdjustments
Excess Or Deficit Per FS-411785ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt252727TotRevenueEtcAuditedFinclStmt
Other Revenues-79847OtherRevenues
Revenue Not Rptd F990-79847RevenueNotRptdF990
Revenue Subtotal332574RevenueSubtotal
Total Revenue Per Form990332574TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt664512TotExpensesEtcAuditedFinclStmt
Expenses Subtotal664512ExpensesSubtotal
Total Expenses Per Form990664512TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
UNCERTAIN TAX POSITIONSCHEDULE D, PART X, LINE 2MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS.
OTHER CHANGE IN NET ASSETSSCHEDULE D, PART XI, LINE 8(72,500) CANCELLATION OF PLEDGES (7,347) DECREASE IN PIC WEST MARKETING RESTRICTION -------- (79,847) TOTAL
OTHER REVENUE ON BOOKS NOT ON RETURNSCHEDULE D, PART XII, LINE 2D(72,500) CANCELLATION OF PLEDGES (7,347) DECREASE IN PIC WEST MARKETING RESTRICTION --------- (79,847) TOTAL

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentfalseSeverancePayment
Supplemental Nonqual Retire PlanfalseSupplementalNonqualRetirePlan
Equity Based Comp ArrangementfalseEquityBasedCompArrangement
Comp Based On Revenue Of Filing OrgfalseCompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related OrgsfalseCompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing OrgfalseCompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate OrgsfalseCompBasedNetEarningsRelateOrgs
Any Non Fixed PaymentsfalseAnyNonFixedPayments
Initial Contract ExceptionfalseInitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII

FieldValueIRS element (for citing)
Name PersonJAMES B ANDERSONNamePerson
Base Compensation Filing Org0BaseCompensationFilingOrg
Comp Based On Related Orgs172302CompBasedOnRelatedOrgs
Bonus Related Orgs960BonusRelatedOrgs
Other Compensation Related Orgs6389OtherCompensationRelatedOrgs
Deferred Comp Related Orgs34582DeferredCompRelatedOrgs
Nontaxable Benefits Related Orgs30615NontaxableBenefitsRelatedOrgs
Total Compensation Filing Org0TotalCompensationFilingOrg
Total Compensation Related Orgs244848TotalCompensationRelatedOrgs

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
EXISTING BUSINESS SUPPORT PROGRAMFORM 990, PART III, LINE 4ACONTINUED FROM FORM 990 PAGE 2: IN 2011, STAFF CONDUCTED MORE THAN 100 FACE-TO-FACE VISITS WITH LOCAL BUSINESS EXECUTIVES, DURING WHICH SEVERAL THEMES EMERGED AND THE STAFF WAS ABLE TO PROVIDE TANGIBLE, DIRECT ASSISTANCE TO MORE THAN 56 OF THE 100 COMPANIES VISITED, SERVING AS A BRIDGE TO RESOURCES THAT INCREASED COMPANIES' BOTTOM LINE, RESOLVED LONG-STANDING ISSUES AND MADE THEIR OPERATIONS MORE PRODUCTIVE.
MARKETING THE REGIONFORM 990, PART III, LINE 4CCONTINUED FROM FORM 990 PAGE 2: UTILIZING THE SPRINGFIELD REGIONAL ECONOMIC PARTNERSHIP (SREP) TO MARKET THE 10-COUNTY REGION, STAFF PARTICIPATED IN MORE THAN NINE INDUSTRY TRADE SHOWS IN 2011 AND MET WITH MORE THAN 72 CONSULTANTS THAT ADVISE COMPANIES MAKING LOCATION DECISIONS. THE SBDC ALSO PARTNERED WITH MISSOURI PARTNERSHIP TO UTILIZE TESTIMONIALS FROM SUCCESSFUL LOCAL EXECUTIVES TO TELL THE SPRINGFIELD REGION'S STORY OF ECONOMIC SUCCESS.
MANAGEMENT CONTROLFORM 990, PART VI, SECTION A, LINE 3DAILY ACTIVITIES OF THE ORGANIZATION ARE CONDUCTED UNDER SUPERVISION OF SPRINGFIELD AREA CHAMBER OF COMMERCE'S SENIOR VICE PRESIDENT OF ECONOMIC DEVELOPMENT. THE ORGANIZATION IS A WHOLLY-OWNED SUBSIDIARY OF SPRINGFIELD AREA CHAMBER OF COMMERCE.
FORM 990 REVIEW PROCESSFORM 990, PART VI, SECTION A, LINE 11BTHE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON THE AUDITED FINANCIAL STATEMENTS AND INFORMATION PROVIDED BY THE ACCOUNTING DEPARTMENT OF THE ORGANIZATION. AN ELECTRONIC COPY OF THE DRAFT FORM 990 IS E-MAILED TO BOARD MEMBERS TO REVIEW PRIOR TO FILING. THE PRESIDENT AND VICE PRESIDENT OF FINANCE AND ADMINISTRATION FOR SPRINGFIELD AREA CHAMBER OF COMMERCE, OF WHICH THE ORGANIZATION IS A WHOLLY-OWNED SUBSIDIARY, THOROUGHLY REVIEW THE FORM 990 PRIOR TO FILING. THE PRESIDENT OF SPRINGFIELD AREA CHAMBER OF COMMERCE IS ALSO THE SECRETARY OF SPRINGFIELD BUSINESS DEVELOPMENT CORPORATION.
CONFLICT OF INTEREST POLICYFORM 990, PART VI, SECTION B, LINE 12CNO CONFLICTS OF INTEREST WERE DISCLOSED IN 2011. ANNUALLY, DIRECTORS, OFFICERS, AND KEY EMPLOYEES ARE REQUIRED TO REVIEW ALL POTENTIAL CONFLICTS OF INTEREST. IF A CONFLICT OF INTEREST IS FOUND, THE INDIVIDUAL IS EXPECTED TO ABSTAIN FROM VOTING ON THE PARTICULAR ISSUE WITH WHICH THERE IS THE CONFLICT.
GOVERNING DOCUMENTS AVAILABILITYFORM 990, PART VI, SECTION C, LINE 19THE ANNUAL FORM 990 IS AVAILABLE FOR INSPECTION AT THE SPRINGFIELD AREA CHAMBER OF COMMERCE OFFICES. GOVERNING DOCUMENTS AND INTERNAL FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC. THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST.
OFFICER HOURSFORM 990, PART VII, SECTION A, LINE 1, COLUMN (B)BOARD SECRETARY JAMES B. ANDERSON IS THE PRESIDENT OF SPRINGFIELD AREA CHAMBER OF COMMERCE, INC., A RELATED ORGANIZATION. MR. ANDERSON WORKS APPROXIMATELY 60 HOURS PER WEEK BETWEEN THESE ENTITIES.
OTHER CHANGE IN NET ASSETSFORM 990, PART XI, LINE 5(72,500) CANCELLATION OF PLEDGES (7,347) DECREASE IN PIC WEST MARKETING RESTRICTION --------- (79,847) TOTAL CHANGE

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII

Name Of Disregarded Entity NameOfDisregardedEntity

FieldValueIRS element (for citing)
Business Name Line1SPRINGFIELD AREA CHAMBER OF COMMERCEBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1PO BOX 1687AddressLine1
CitySPRINGFIELDCity
StateMOState
ZIP Code65801ZIPCode
FieldValueIRS element (for citing)
EIN440501055EIN
Primary ActivitiesBUS ADVOCACYPrimaryActivities
Legal Domicile StateMOLegalDomicileState
Exempt Code Section501(C)(6)ExemptCodeSection
Public Charity StatusN/APublicCharityStatus

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NABusinessNameLine1
FieldValueIRS element (for citing)
Controlled OrgfalseControlledOrg
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents RoyaltiesfalseReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other OrgfalseGiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other OrgfalseGiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other OrgfalseLoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other OrgfalseSaleOfAssetsToOtherOrg
Purchase Of Assets From Other OrgfalsePurchaseOfAssetsFromOtherOrg
Exchange Of AssetsfalseExchangeOfAssets
Rental Of Facilities To Other OrgsfalseRentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other OrgsfalseRentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other OrgstruePerformOfServicesForOtherOrgs
Perform Of Services By Other OrgstruePerformOfServicesByOtherOrgs
Sharing Of FacilitiestrueSharingOfFacilities
Sharing Of Paid EmployeestrueSharingOfPaidEmployees
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrg
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrg
Other Transfer To Other OrgfalseOtherTransferToOtherOrg
Other Transfer From Other OrgfalseOtherTransferFromOtherOrg

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.