MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION (EIN 36-3468708)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-11-15
- IRS object ID
- 201243209349302314
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-15T09:40:18-06:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | 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 | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363468708 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MINNEAPOLIS REGIONAL CHAMBER | BusinessNameLine1 |
| Business Name Line2 | DEVELOPMENT FOUNDATION | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MINN | NameControl |
| Phone | 6123709100 | 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 | 6123709100 | Phone |
| Date Signed | 2012-11-12 | 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 | 2011 | 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 | 470250 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.MINNEAPOLISCHAMBER.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1986 | YearFormation |
| State Legal Domicile | MN | StateLegalDomicile |
| Activity Or Mission Description | TO ENHANCE THE QUALITY OF LIFE AND LEADERSHIP SKILLS IN THE MINNEAPOLIS AND ST. PAUL AREAS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 46 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 46 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 46 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 204910 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 470250 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 2480 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 0 | InvestmentIncomePriorYear |
| Investment Income Current Year | 0 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 207390 | TotalRevenuePriorYear |
| Total Revenue Current Year | 470250 | 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 | 0 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 0 | 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 | 202798 | OtherExpensePriorYear |
| Other Expenses Current Year | 249299 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 202798 | TotalExpensesPriorYear |
| Total Expenses Current Year | 249299 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 4592 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 220951 | RevenuesLessExpensesCY |
| Total Assets BOY | 205072 | TotalAssetsBOY |
| Total Assets EOY | 444365 | TotalAssetsEOY |
| Total Liabilities BOY | 13038 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 31380 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 192034 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 412985 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE 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 Services | 1 | SignificantNewProgramServices |
| Significant Change | 1 | SignificantChange |
| Expense | 183740 | Expense |
| Grants | 0 | Grants |
| Revenue | 0 | Revenue |
| Description | ECONOMIC 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 2011, THE MINNEAPOLIS REGIONAL CHAMBER OF COMMERCE DEVELOPMENT FOUNDATION BEGAN AN INITIATIVE TO ADDRESS A REGIONAL TRANSIT SYSTEM. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 45762 | Expense |
| Grants | 0 | Grants |
| Revenue | 0 | Revenue |
| Description | THE PARTNERSHIP: IN 2009, THE PARTNERSHIP WAS FORMED TO FOCUS ON RETAINING BUSINESS PROFESSIONALS OF PEOPLE OF COLOR IN MINNESOTA. THE MINNEAPOLIS FOUNDATION HAS COMMITTED $90,000 TO OPERATE THIS PROGRAM FOR ONE YEAR. THE PROGRAM CONTINUED TO OPERATE IN 2011 HOLDING A REGULAR PROGRAM WITH EIGHT SESSIONS FROM FEBRUARY TO JULY. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 229502 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | 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 |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| 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 | 0 | 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 | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 2 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 46 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 46 | 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 | 0 | 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 | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | 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 | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MN | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERYL BUTZ | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 (47 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| CHARLES ZELLE | ||||||
| CHAIR | 1.00 | X | X | 0 | 0 | 0 |
| SUSAN ADAMS LOYD | ||||||
| PAST CHAIR | 1.00 | X | X | 0 | 0 | 0 |
| PATRICIA GRAZZINI | ||||||
| TREASURER | 1.00 | X | X | 0 | 0 | 0 |
| PAUL ADELMAN | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| MATTHEW ANDERSON | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| JIM BENA | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| TODD ANLAUF | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| LESTER BAGLEY | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| STEVE BIANCHI | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| DON BORNHORST | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| PATRICK BOULAY | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| TAL CENTERS | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| JOHN COLBOURNE | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| MIKE DIMOND | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| DEBORAH FERRY | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| SAM GRABARSKI | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| LINDA HALLER | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| JOANN HANSON | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| COREY HOEPPNER | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| STEVE JAHN | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| MATT JOHNSON | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| WILLIAM JONASON | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| BRIEN KENNEDY | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| MICHAEL KLINGENSMITH | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| LEE KOCH | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| TONI LEA | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| BETH LEBRECHE | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| LAURA MCCARTEN | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| LAURA MORET | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| LAURA MULLEN | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| JEFFREY D PETERSON | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| DAVID PRINCE | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| IRENE QUARSHIE | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| WILL ROACH | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| JIM ROTH | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| RANDY SANDS | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| DAN SEEMAN | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| KENNETH SORENSEN | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| DAVID ST PETER | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| DAVID TASHJIAN | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| MELVIN TENNANT | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| PHILLIP TRIER | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| MARIE UHRICH | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| KENT WARDEN | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| LESLIE WATSON | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| CHRIS WRIGHT | ||||||
| BOARD DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| TODD KLINGEL | ||||||
| PRESIDENT/CEO | 5.00 | X | 0 | 173767 | 46616 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 173767 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 46616 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | METROMSP | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 ROBERT STREET NORTH 1520 | AddressLine1 |
| City | ST PAUL | City |
| State | MN | State |
| ZIP Code | 55101 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | CONSULTING SERVICES | DescriptionOfServices |
| Compensation | 115732 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| All Other Contributions | 470250 | AllOtherContributions |
| Total Contributions | 470250 | TotalContributions |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 470250 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16000 | Total |
| Management And General | 16000 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1942 | Total |
| Management And General | 1942 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 203742 | Total |
| Program Services | 201887 | ProgramServices |
| Management And General | 1855 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2047 | Total |
| Program Services | 2047 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1884 | Total |
| Program Services | 1884 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 221 | Total |
| Program Services | 221 | ProgramServices |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12754 | Total |
| Program Services | 12754 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6010 | Total |
| Program Services | 6010 | ProgramServices |
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS | Description |
| Total | 4699 | Total |
| Program Services | 4699 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 249299 | Total |
| Program Services | 229502 | ProgramServices |
| Management And General | 19797 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 177440 | BOY |
| EOY | 269365 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1620 | BOY |
| EOY | 175000 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 16666 | BOY |
| EOY | 0 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 0 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 0 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6011 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3335 | BOY |
| EOY | 0 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 205072 | BOY |
| EOY | 444365 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13038 | BOY |
| EOY | 23744 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 7636 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13038 | BOY |
| EOY | 31380 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29383 | BOY |
| EOY | 11906 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 162651 | BOY |
| EOY | 401079 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 192034 | BOY |
| EOY | 412985 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 205072 | BOY |
| EOY | 444365 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 220951 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 195825 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 260683 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 226600 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 204910 | CurrentTaxYearMinus1Year |
| Current Tax Year | 470250 | CurrentTaxYear |
| Total | 1358268 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 195825 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 260683 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 226600 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 204910 | CurrentTaxYearMinus1Year |
| Current Tax Year | 470250 | CurrentTaxYear |
| Total | 1358268 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 476938 | AmountsSubstContributorsTotal |
| Public Support Total170 | 881330 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 376 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 201 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 21 | CurrentTaxYearMinus2Years |
| Total | 598 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 1358866 | TotalSupport |
| Gross Receipts From Admissions Etc | 2512 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.64860 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.86030 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 0 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DUE TO MINNEAPOLIS REGIONAL CHAMBER OF COMMERCE | Description |
| Amount | $7,636 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 7636 | TotalOfAmounts |
| Total Revenue | 470250 | TotalRevenue |
| Total Expenses | 249299 | TotalExpenses |
| Excess Or Deficit For Year | 220951 | ExcessOrDeficitForYear |
| Excess Or Deficit Per FS | 220951 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 470250 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 470250 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 470250 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 249299 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 249299 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 249299 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | Identifier |
| Return Reference | PART X: | ReturnReference |
| Explanation | 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 ORGANIZATION'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AUTHORITIES. THE TAX RETURNS FOR THE YEARS 2008 THROUGH 2011 ARE OPEN TO EXAMINATION BY FEDERAL AUTHORITIES. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | TODD KLINGEL | NamePerson |
| Base Compensation Filing Org | 0 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 163649 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 10000 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 118 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 17052 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 0 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 29564 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 0 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 220383 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 10000 | CompReportPrior990RelatedOrgs |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| NEW PROGRAM SERVICES | FORM 990, PART III, LINE 2 | TRANSIT INFRASTRUCTURE |
| CHANGES IN PROGRAM SERVICES | FORM 990, PART III, LINE 3 | THE TECHNOLOGY PART OF THE PROGRAM IS GONE. DURING 2011, THE WEBSITE WAS GIVEN TO METRO MSP. |
| FORM 990, PART VI, SECTION A, LINE 1 | THE 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 11 | THE 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 12C | EACH NEW RESPONSIBLE PERSON SHALL BE REQUIRED TO REVIEW A COPY OF THIS POLICY AND TO ACKNOWLEDGE IN WRITING THAT HE OR SHE HAS DONE SO. EACH RESPONSIBLE PERSON SHALL 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. SUCH RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES MIGHT INCLUDE SERVICE AS A DIRECTOR OF OR CONSULTANT TO A NONPROFIT ORGANIZATION OR OWNERSHIP OF A BUSINESS THAT MIGHT PROVIDE GOODS OR SERVICES TO MINNEAPOLIS REGIONAL CHAMBER OF COMMERCE DEVELOPMENT FOUNDATION. ANY SUCH INFORMATION REGARDING BUSINESS INTEREST OF A RESPONSIBLE PERSON OR A FAMILY MEMBER SHALL BE TREATED AS A CONFIDENTIAL AND SHALL GENERALLY BE MADE AVAILABLE ONLY 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. THIS POLICY SHALL BE REVIEWED ANNUALLY BE EACH MEMBER OF THE BOARD OF DIRECTORS. ANY CHANGES TO THE POLICY SHALL BE COMMUNICATED IMMEDIATELY TO ALL OFFICERS, EMPLOYEES AND MEMBERS OF THE BOARD OF DIRECTORS. A PERSON WHO HAS A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN OR BE PERMITTED TO HEAR THE BOARD'S OR COMMITTEE'S DISCUSSION OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND TO RESPOND TO QUESTIONS. SUCH PERSON SHALL NOT ATTEMPT TO EXERT HIS OR HER PERSONAL INFLUENCE WITH RESPECT TO THE MATTER, EITHER AT OR OUTSIDE THE MEETING. A PERSON WHO HAS A CONFLICT OF INTEREST WITH RESPECT TO A CONTRACT OR TRANSACTION THAT WILL BE VOTED ON AT A MEETING SHALL NOT BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM FOR PURPOSES OF THE VOTE. 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. SUCH PERSON'S INELIGIBILITY TO VOTE SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON THE MINNEAPOLSIS REGIONAL CHAMBER OF COMMERCE'S WEBSITE AND UPON REQUEST. | |
| EXPLANATION FOR HOURS WORKED | FORM 990, PART VII, SECTION A | TODD KLINGEL DEVOTED APPROXIMATELY 45 HOURS PER WEEK AS FOLLOWS: MINNEAPOLIS REGIONAL CHAMBER OF COMMERCE 40 HOURS MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION 5 HOURS THE MEMBERS OF THE BOARD OF DIRECTORS OF THE MINNEAPOLIS REGIONAL CHAMBER OF COMMERCE ALSO SERVE ON THE BOARD OF THE DEVELOPMENT FOUNDATION. THESE INDIVIDUALS DEVOTED APPROXIMATELY .4 HOURS PER WEEK AS FOLLOWS: MINNEAPOLIS REGIONAL CHAMBER OF COMMERCE .3 HOURS MINNEAPOLIS REGIONAL CHAMBER DEVELOPMENT FOUNDATION .1 HOURS |
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 OF COMMERCE | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 81 SOUTH NINTH STREET SUITE 200 | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55402 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410414520 | EIN |
| Primary Activities | ECONOMIC DEVELOPMENT | PrimaryActivities |
| Legal Domicile State | MN | LegalDomicileState |
| Exempt Code Section | 501(C)(6) | ExemptCodeSection |
| Public Charity Status | N/A | PublicCharityStatus |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Controlled Org | 0 | 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 |
| 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 | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 1 | 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 | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
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