SPRINGFIELD BUSINESS DEVELOPMENT CORPORATION: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
SPRINGFIELD BUSINESS DEVELOPMENT CORPORATION (EIN 43-1309497)
Tax period
2010-01-01 to 2010-12-31
Filed
2011-10-12
IRS object ID
201112859349300606
Schema version
2010v3.4
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)
Timestamp2011-10-12T08:44:47-05:00Timestamp
Tax Period End Date2010-12-31TaxPeriodEndDate

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 Date2010-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN431309497EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1SPRINGFIELD BUSINESS DEVELOPMENT CORPORATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlSPRINameControl
Phone4178625567Phone

US Address USAddress

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

Officer Officer

FieldValueIRS element (for citing)
NameSHAUN BURKEName
TitleTREASURERTitle
Phone4178625567Phone
Date Signed2011-08-31DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameBrian D ToddName
Phone4178658701Phone
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-03-07 17:11:31ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonJOHN WANAMAKERNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1PO BOX 1687AddressLine1
CitySPRINGFIELDCity
StateMOState
ZIP Code65801ZIPCode
FieldValueIRS element (for citing)
Gross Receipts264507GrossReceipts
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 Year78292ContributionsGrantsPriorYear
Contributions Grants Current Year84216ContributionsGrantsCurrentYear
Program Service Revenue Prior Year179657ProgramServiceRevenuePriorYear
Program Service Revenue CY178923ProgramServiceRevenueCY
Investment Income Prior Year2649InvestmentIncomePriorYear
Investment Income Current Year1368InvestmentIncomeCurrentYear
Other Revenue Prior Year0OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year260598TotalRevenuePriorYear
Total Revenue Current Year264507TotalRevenueCurrentYear
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 Year676099OtherExpensePriorYear
Other Expenses Current Year643150OtherExpensesCurrentYear
Total Expenses Prior Year676099TotalExpensesPriorYear
Total Expenses Current Year643150TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-415501RevenuesLessExpensesPriorYear
Revenues Less Expenses CY-378643RevenuesLessExpensesCY
Total Assets BOY1803096TotalAssetsBOY
Total Assets EOY1392743TotalAssetsEOY
Total Liabilities BOY64302TotalLiabilitiesBOY
Total Liabilities EOY60292TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY1738794NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY1332451NetAssetsOrFundBalancesEOY
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
Expense582179Expense
Revenue168950Revenue
DescriptionMARKETING AND BUSINESS DEVELOPMENT - THE SBDC SERVES AS THE REGION'S PRIMARY PROJECT MANAGEMENT ENTITY FOR SITE LOCATION ADVISORS AND VARIOUS BUSINESS AND PROFESSIONAL FIRMS INTERESTED IN DOING BUSINESS IN THE SPRINGFIELD REGION. STAFF CONDUCTS MORE THAN 100 PERSONAL VISITS WITH OUTSIDE LOCATION CONSULTANTS AND NEARLY 80 LOCAL OR REGIONAL BUSINESS LEADERS TO IDENTIFY DEVELOPMENT OPPORTUNITIES IN THE REGION. THE SBDC DEDICATES RESOURCES TO MARKETING AND PROMOTION OF THE SPRINGFIELD REGION AND COLLABORATES WITH LOCAL GOVERNMENT OFFICIALS TO IMPROVE ACCESS TO PROGRAMS AND SERVICES. SEE SCHEDULE O FOR ADDITIONAL INFORMATION.Description

Activity2 Activity2

FieldValueIRS element (for citing)
Expense30965Expense
Revenue0Revenue
DescriptionSTRATEGIC ACTION PLAN - THE SBDC COMMISSIONED A COMPETITIVE ASSESSMENT IN 2009 AND, IN 2010, THE ORGANIZATION FURTHERED THE PROCESS BY, AGAIN, ENGAGING MARKET STREET SERVICES TO COMPLETE A TARGET CLUSTER ANALYSIS AND INCENTIVES REVIEW. THE THREE REPORTS WERE THEN USED TO DEVELOP A STRATEGIC ACTION PLAN FOR ECONOMIC DEVELOPMENT FOR THE SPRINGFIELD REGION. THE PLAN FOCUSED ON SPECIFIC ACTION ITEMS GEARED TOWARD ADDRESSING CHALLENGES AND CAPITALIZING ON OPPORTUNITIES FOR VISIONARY GROWTH. SEE SCHEDULE O FOR ADDITIONAL INFORMATION.Description

Activity3 Activity3

FieldValueIRS element (for citing)
Expense6721Expense
Revenue9973Revenue
DescriptionECONOMIC OUTLOOK CONFERENCE - THE 7TH ANNUAL ECONOMIC OUTLOOK CONFERENCE FOCUSED ON THE RESULTS OF THE STRATEGIC ACTION PLAN WITH A KEYNOTE ADDRESS FROM THE FOUNDER AND CEO OF MARKET STREET SERVICES. THE EVENT ATTRACTED MORE THAN 275 BUSINESS AND PROFESSIONAL MEN AND WOMEN ON OCTOBER 28, 2010. LOCAL INDUSTRY LEADERS PARTICIPATED IN A RESPONSE PANEL TO THE CONSULTANT'S REPORT. THE CONFERENCE IS THE ORGANIZATION'S SIGNATURE EVENT AND IS THE TOP-DRAWING ECONOMIC CONFERENCE IN SOUTHWEST MISSOURI.Description
FieldValueIRS element (for citing)
Total Program Service Expense619865TotalProgramServiceExpense
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 LiabilitiestrueReportOtherLiabilities
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 With10961NumberFormsTransmittedWith1096
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 RelationshiptrueFamilyOrBusinessRelationship
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
JIM ANDERSON
BOARD SECRETARY1.0XX017519261550
THOMAS BABIK
BOARD VICE PRESIDENT1.0XX000
ANN MARIE BAKER
BOARD MEMBER1.0X000
DR JIM BAKER
BOARD MEMBER1.0X000
SHAUN BURKE
BOARD TREASURER1.0XX000
GREG BURRIS
BOARD MEMBER1.0X000
DAVID COONROD
BOARD MEMBER1.0X000
GARY POWELL
BOARD MEMBER1.0X000
JOE JOHNSON
BOARD MEMBER1.0X000
ROGER HOWARD
BOARD MEMBER1.0X000
ANDY LEAR
BOARD MEMBER1.0X000
STEPHANIE STENGER-MONTGOMERY
BOARD MEMBER1.0X000
JAMES LEWIS
BOARD MEMBER1.0X000
TODD SHERMAN
BOARD MEMBER1.0X000
JOHN TWITTY
BOARD MEMBER1.0X000
TIM ROSENBURY
BOARD MEMBER1.0X000
JOHN WANAMAKER
BOARD PRESIDENT2.0XX000
RON HAWLEY
BOARD MEMBER1.0X000
FieldValueIRS element (for citing)
Total Reportable Comp From Org0TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs175192TotalReportableCompFrmRltdOrgs
Total Other Compensation61550TotalOtherCompensation
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 Contributions84216AllOtherContributions
Total Contributions84216TotalContributions

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncome
ECONOMIC DEVELOPMENT MANAGEMENT CONTRACT541610165000165000
ANNUAL MEETING54190039503950
ECONOMIC OUTLOOK CONFERENCE54190099739973
FieldValueIRS element (for citing)
Total Program Service Revenue178923TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column1368TotalRevenueColumn
Exclusion$1,368ExclusionAmount

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 Column264507TotalRevenueColumn
Related Or Exempt Function Income178923RelatedOrExemptFunctionIncome
Exclusion$1,368ExclusionAmount

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)
Total5850Total
Management And General5850ManagementAndGeneral

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)
Total30Total
Management And General30ManagementAndGeneral

Advertising Advertising

FieldValueIRS element (for citing)
Total5752Total
Program Services5752ProgramServices

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total2486Total
Program Services2486ProgramServices

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total0Total

Royalties Royalties

FieldValueIRS element (for citing)
Total0Total

Occupancy Occupancy

FieldValueIRS element (for citing)
Total862Total
Program Services862ProgramServices

Travel Travel

FieldValueIRS element (for citing)
Total17917Total
Program Services17917ProgramServices

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)
Total7634Total
Management And General7634ManagementAndGeneral

Insurance Insurance

FieldValueIRS element (for citing)
Total0Total

Other Expenses OtherExpenses (5 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneral
INVESTOR RELATIONS93859385
LICENSES, DUES & SUBSCRIPTIONS97719771
ECONOMIC OUTLOOK CONFERENCE67216721
BUSINESS DEVELOPMENT5626656266
RESEARCH99429942

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total5534Total
Program Services5534ProgramServices

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total643150Total
Program Services619865ProgramServices
Management And General23285ManagementAndGeneral
Fundraising0Fundraising

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY165067BOY
EOY129362EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY1518623BOY
EOY1146172EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
EOY3500EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis58432LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec45904LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY18225BOY
EOY12528EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY101181BOY
EOY101181EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY1803096BOY
EOY1392743EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY4281BOY
EOY282EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

FieldValueIRS element (for citing)
BOY60000BOY
EOY60000EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY21BOY
EOY10EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY64302BOY
EOY60292EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY159783BOY
EOY127091EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY1579011BOY
EOY1205360EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY1738794BOY
EOY1332451EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY1803096BOY
EOY1392743EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses-378643ReconcilationRevenueExpenses
Reconcilation Other Changes-27700ReconcilationOtherChanges
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 Years55199CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years1891226CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years734765CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year78292CurrentTaxYearMinus1Year
Current Tax Year84216CurrentTaxYear
Total2843698Total

Total170 Total170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years55199CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years1891226CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years734765CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year78292CurrentTaxYearMinus1Year
Current Tax Year84216CurrentTaxYear
Total2843698Total
FieldValueIRS element (for citing)
Amounts Subst Contributors Total69212AmountsSubstContributorsTotal
Public Support Total1702774486PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years7990CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years4220CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years990CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year2649CurrentTaxYearMinus1Year
Current Tax Year1368CurrentTaxYear
Total17217Total

Other Income170 OtherIncome170

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years11015CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years12920CurrentTaxYearMinus3Years
Total23935Total
FieldValueIRS element (for citing)
Total Support2884850TotalSupport
Gross Receipts From Admissions Etc942494GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage1700.96174PublicSupportPertcentage170
Public Support Pertcent Prior Year0.95096PublicSupportPertcentPriorYear
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
LandLand
BuildingsBuildings
Leasehold ImprovementsLeaseholdImprovements

Equipment Equipment

FieldValueIRS element (for citing)
Investment Cost Or Other Basis0InvestmentCostOrOtherBasis
Other Cost Or Other Basis58432OtherCostOrOtherBasis
Depreciation45904Depreciation
Book Value12528BookValue
FieldValueIRS element (for citing)
Other Land BuildingsOtherLandBuildings
Total Of Book Value Land Buildings12528TotalOfBookValueLandBuildings

Other Assets OtherAssets

FieldValueIRS element (for citing)
DescriptionLAND FOR DEVELOPMENT-PIC WESTDescription
Book Value101181BookValue
FieldValueIRS element (for citing)
Total Book Value Other Assets101181TotalBookValueOtherAssets
Federal Income Tax Liability0FederalIncomeTaxLiability

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
DescriptionDUE TO RELATED PARTYDescription
Amount$10Amount
FieldValueIRS element (for citing)
Total Of Amounts10TotalOfAmounts
Total Revenue264507TotalRevenue
Total Expenses643150TotalExpenses
Excess Or Deficit For Year-378643ExcessOrDeficitForYear
Other-$27,700OtherAmount
Total Adjustments-27700TotalAdjustments
Excess Or Deficit Per FS-406343ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt236807TotRevenueEtcAuditedFinclStmt
Other Revenues-27700OtherRevenues
Revenue Not Rptd F990-27700RevenueNotRptdF990
Revenue Subtotal264507RevenueSubtotal
Total Revenue Per Form990264507TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt643150TotExpensesEtcAuditedFinclStmt
Expenses Subtotal643150ExpensesSubtotal
Total Expenses Per Form990643150TotalExpensesPerForm990

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(26,500) CANCELLATION OF PLEDGES ( 1,200) DECREASE IN PIC WEST MARKETING RESTRICTION -------- (27,700) TOTAL CHANGE
OTHER REVENUE ON BOOKS NOT ON RETURNSCHEDULE D, PART XII, LINE 2D(26,500) CANCELLATION OF PLEDGES ( 1,200) DECREASE IN PIC WEST MARKETING RESTRICTION -------- (27,700) 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 PersonJIM ANDERSONNamePerson
Base Compensation Filing Org0BaseCompensationFilingOrg
Comp Based On Related Orgs167203CompBasedOnRelatedOrgs
Bonus Filing Org0BonusFilingOrg
Bonus Related Orgs1580BonusRelatedOrgs
Other Compensation Filing Org0OtherCompensationFilingOrg
Other Compensation Related Orgs6409OtherCompensationRelatedOrgs
Deferred Comp Filing Org0DeferredCompFilingOrg
Deferred Comp Related Orgs34227DeferredCompRelatedOrgs
Nontaxable Benefits Filing Org0NontaxableBenefitsFilingOrg
Nontaxable Benefits Related Orgs27323NontaxableBenefitsRelatedOrgs
Total Compensation Filing Org0TotalCompensationFilingOrg
Total Compensation Related Orgs236742TotalCompensationRelatedOrgs

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (9 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
PROGRAM SERVICE ACCOMPLISHMENTFORM 990, PART III, LINE 4ACONTINUED FROM FORM 990 PAGE 2: THE SBDC ALSO DEDICATES RESOURCES TO A FULL-TIME WORKFORCE DEVELOPMENT PROGRAM, INTERNATIONAL BUSINESS DEVELOPMENT, ANGEL INVESTOR NETWORK, AND A YOUNG PROFESSIONALS NETWORK.
PROGRAM SERVICE ACCOMPLISHMENTFORM 990, PART III, LINE 4BCONTINUED FROM FORM 990 PAGE 2: THE FOUR MAIN GOALS - DEVELOPING TALENT, GROWING THE ECONOMY, ENHANCING THE COMMUNITY, AND CHALLENGING PERCEPTIONS - WILL HELP TO BUILD A REGIONAL CONSENSUS BLUEPRINT FOR ECONOMIC DEVELOPMENT GOING FORWARD.
BUSINESS RELATIONSHIPSFORM 990, PART VI, SECTION A, LINE 2BOARD MEMBERS BURKE AND ROSENBURY HAVE A BUSINESS RELATIONSHIP.
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 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 2010. 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 JIM 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(26,500) CANCELLATION OF PLEDGES ( 1,200) DECREASE IN PIC WEST MARKETING RESTRICTION -------- (27,700) 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)
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 OrgsfalsePerformOfServicesForOtherOrgs
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

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