STRATEGY STUDIO / PUBLIC DATA EXPLORER

GREATER MADISON CHAMBER OF COMMERCE: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
GREATER MADISON CHAMBER OF COMMERCE (EIN 39-0843590)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-08-31
IRS object ID
202022449349301202
Schema version
2019v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2020-08-31T09:45:27-05:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN390974031PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WEGNER CPAS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12921 LANDMARK PLACE SUITE 300AddressLine1Txt
CityMADISONCityNm
State AbbreviationWIStateAbbreviationCd
ZIP53713ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN390843590EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GREATER MADISON CHAMBER OF COMMERCEBusinessNameLine1Txt
Business Name Line2INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlGREABusinessNameControlTxt
Phone6084431946PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 S PINCKNEY ST NO 330AddressLine1Txt
CityMADISONCityNm
State AbbreviationWIStateAbbreviationCd
ZIP537033234ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonZACH BRANDONPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone6084431946PhoneNum
Signature2020-08-27SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonGLENN MILLER CPAPreparerPersonNm
PTINP00086726PTIN
Phone6082744020PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address66.222.124.178IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-08-27IPDt
IP Tm13:21:05IPTm
IP TimezoneCDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdBAF93092400A7665F4A65B16EBECF5E5B591AC5FAtSubmissionCreationDeviceId
At Submission Filing Device Id74B0C536FBDEA54BE69F712409E5EA3D5A3AE8D3AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2020-11-19 02:30:22ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerZACH BRANDONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 S PINCKNEY ST NO 330AddressLine1Txt
CityMADISONCityNm
State AbbreviationWIStateAbbreviationCd
ZIP537033234ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,655,044GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.MADISONBIZ.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1991FormationYr
Legal Domicile StateWILegalDomicileStateCd
Activity Or MissionTHE GREATER MADISON CHAMBER OF COMMERCE'S MISSION IS TO ADVANCE THE ECONOMIC, CULTURAL, AND SOCIAL WELFARE OF THE GREATER MADISON AREA.ActivityOrMissionDesc
Voting Members Governing Body44VotingMembersGoverningBodyCnt
Voting Members Independent44VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers56TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$27,000PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$1,436,235PYProgramServiceRevenueAmt
CY Program Service Revenue$1,597,063CYProgramServiceRevenueAmt
PY Investment Income$22,502PYInvestmentIncomeAmt
CY Investment Income$46,388CYInvestmentIncomeAmt
PY Other Revenue$5,784PYOtherRevenueAmt
CY Other Revenue$11,593CYOtherRevenueAmt
PY Total Revenue$1,491,521PYTotalRevenueAmt
CY Total Revenue$1,655,044CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$1,520,741PYOtherExpensesAmt
CY Other Expenses$1,725,312CYOtherExpensesAmt
PY Total Expenses$1,520,741PYTotalExpensesAmt
CY Total Expenses$1,725,312CYTotalExpensesAmt
PY Revenues Less Expenses-$29,220PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$70,268CYRevenuesLessExpensesAmt
Total Assets BOY$3,091,442TotalAssetsBOYAmt
Total Assets EOY$3,313,908TotalAssetsEOYAmt
Total Liabilities BOY$496,726TotalLiabilitiesBOYAmt
Total Liabilities EOY$846,230TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,594,716NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,467,678NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE GREATER MADISON CHAMBER OF COMMERCE'S MISSION IS TO ADVANCE THE ECONOMIC, CULTURAL, AND SOCIAL WELFARE OF THE GREATER MADISON AREA.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescTHE GREATER MADISON CHAMBER OF COMMERCE HOSTS VARIOUS EVENTS THAT ARE CURRENT, CONVENIENT, AND DESIGNED TO HELP MEMBER BUSINESSES FLOURISH. IT ALSO MAINTAINS A WEBSITE, A VIRTUAL REALITY PLATFORM AND CREATES VARIOUS PUBLICATIONS INCLUDING A NEWSLETTER, MEMBERSHIP DIRECTORIES, AND OTHER BOOKLETS AND BROCHURES.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescAS A CREDIBLE VOICE FOR THE GREATER MADISON BUSINESS COMMUNITY, THE GREATER MADISON CHAMBER OF COMMERCE MONITORS REGIONAL GOVERNMENT ACTIVITY TO ENSURE LEGISLATIVE PROPOSALS CONSIDER THE IMPACT ON EMPLOYERS AND EMPLOYEES WITHIN THE REGION. WHEN AN ISSUE PERTINENT TO BUSINESS IS IDENTIFIED, THE GREATER MADISON CHAMBER OF COMMERCE MOVES INTO EDUCATION AND/OR ADVOCACY MODE, PROVIDING MEMBERS, ELECTED OFFICIALS, AND THE GENERAL PUBLIC WITH THE ACTIVITIES, WHICH ARE REPORTED VIA THE WEBSITE OR OTHER ELECTRONIC COMMUNICATION.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescWITH A VISION OF GROWING THE REGION'S ECONOMY IN WAYS THAT PRESERVE AND ENHANCE THE REGION'S QUALITY OF LIFE, THE GREATER MADISON CHAMBER OF COMMERCE WORKS WITH MADREP IN TARGET SECTOR DEVELOPMENT--CURRENTLY AGRICULTURE, BIOTECHNOLOGY, AND HEALTHCARE, INCLUDING BIO-AGRICULTURE AND BIO-MEDICAL INDUSTRIES--WITH AN EMPHASIS ON GROW-YOUR-OWN, OR ENTREPRENEURIAL, DEVELOPMENT.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
DescTHE GREATER MADISON CHAMBER OF COMMERCE SUPPORTS COMMUNITY LEADERSHIP DEVELOPMENT AND OTHER AGENCIES WITH COMMON GOALS THROUGH ADMINISTRATIVE SUPPORT SERVICES.Desc
FieldValueIRS element (for citing)
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members44GoverningBodyVotingMembersCnt
Independent Voting Member44IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local ChaptersYes (1)LocalChaptersInd
Policies Reference ChaptersYes (1)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonZACH BRANDONPersonNm
Phone6084431946PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 S PINCKNEY ST NO 330AddressLine1Txt
CityMADISONCityNm
State AbbreviationWIStateAbbreviationCd
ZIP537033234ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (45 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
KIM SPONEM
CHAIR2.500.50Yes (X)Yes (X)$0$0$0
MATT YOUNKLE
IMMEDIATE PAST CHAIR2.500.50Yes (X)Yes (X)$0$0$0
JIM GARNER
SECRETARY2.500.50Yes (X)Yes (X)$0$0$0
MIKE VICTORSON
CHAIR ELECT AND PUBLIC POLICY CHAIR2.500.50Yes (X)Yes (X)$0$0$0
KEVIN HEPPNER
TREASURER2.500.50Yes (X)Yes (X)$0$0$0
MICHAEL HAMERLIK
VICE CHAIR AND MEMBERSHIP COMMITTEE CHAIR2.500.50Yes (X)Yes (X)$0$0$0
MARK BAKKEN
DIRECTOR2.00Yes (X)$0$0$0
DIANE BALLWEG
DIRECTOR2.00Yes (X)$0$0$0
DAN BERTLER
DIRECTOR2.00Yes (X)$0$0$0
REBECCA BLANK
DIRECTOR2.00Yes (X)$0$0$0
DAN BROWN
DIRECTOR2.00Yes (X)$0$0$0
AMY BRUCHS
DIRECTOR2.00Yes (X)$0$0$0
SUSAN BULGRIN
DIRECTOR2.00Yes (X)$0$0$0
BRIAN BURNS
DIRECTOR2.00Yes (X)$0$0$0
JIM BUTMAN
DIRECTOR2.00Yes (X)$0$0$0
BRYAN CHAN
DIRECTOR2.00Yes (X)$0$0$0
KEVIN CONROY
DIRECTOR2.00Yes (X)$0$0$0
JACK E DANIELS III
DIRECTOR2.00Yes (X)$0$0$0
BETH DONLEY
DIRECTOR2.00Yes (X)$0$0$0
MARK GEHRING
DIRECTOR2.00Yes (X)$0$0$0
MINDI GIFTOS
DIRECTOR2.00Yes (X)$0$0$0
WAYNE HARRIS
DIRECTOR2.00Yes (X)$0$0$0
MATT HOWARD
DIRECTOR2.00Yes (X)$0$0$0
JIM IMHOFF
DIRECTOR2.00Yes (X)$0$0$0
JEFF KEEBLER
DIRECTOR2.00Yes (X)$0$0$0
TONY KOBLINSKI
DIRECTOR2.00Yes (X)$0$0$0
JOHN LARSEN
DIRECTOR2.00Yes (X)$0$0$0
PAUL LENHART
DIRECTOR2.00Yes (X)$0$0$0
JEFF LENZ
DIRECTOR2.00Yes (X)$0$0$0
MARSHA LINDSAY
DIRECTOR2.00Yes (X)$0$0$0
JAY LOEWI
DIRECTOR2.00Yes (X)$0$0$0
RICH LYNCH
DIRECTOR2.00Yes (X)$0$0$0
GARY MOLZ
DIRECTOR2.00Yes (X)$0$0$0
DOUG NELSON
DIRECTOR2.00Yes (X)$0$0$0
AARON OLVER
DIRECTOR2.00Yes (X)$0$0$0
RIC RANSOM
DIRECTOR2.00Yes (X)$0$0$0
DANIEL RASHKE
DIRECTOR2.00Yes (X)$0$0$0
JACK SALZWEDEL
DIRECTOR2.00Yes (X)$0$0$0
PABLO SANCHEZ
DIRECTOR2.00Yes (X)$0$0$0
JAY SMITH
DIRECTOR2.00Yes (X)$0$0$0
DAVE STARK
DIRECTOR2.00Yes (X)$0$0$0
TOM ZIMBRICK
DIRECTOR2.00Yes (X)$0$0$0
TOM WILEY
DIRECTOR2.00Yes (X)$0$0$0
ROBERT N TRUNZO
DIRECTOR2.00Yes (X)$0$0$0
ZACH BRANDON
PRESIDENT40.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1QTI MANAGEMENT SERVICES INCBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line11010 E WASHINGTON AVE STE 314AddressLine1Txt
CityMADISONCityNm
State AbbreviationWIStateAbbreviationCd
ZIP537033130ZIPCd
FieldValueIRS element (for citing)
ServicesMANAGEMENT SERVICESServicesDesc
Compensation$1,015,280CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MEMBERSHIP DUES900099$855,425$855,425
ANNUAL MEETING561920$423,543$423,543
COMMUNICATIONS AND PUB511120$245,115$245,115

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$72,980TotalRevenueColumnAmt
Related Or Exempt Func Income$72,980RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$1,597,063TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$46,388TotalRevenueColumnAmt
Exclusion$46,388ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$720RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$720RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$720TotalRevenueColumnAmt
Exclusion$720ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$10,873TotalRevenueColumnAmt
Exclusion$10,873ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$10,873OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,655,044TotalRevenueColumnAmt
Related Or Exempt Func Income$1,597,063RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$57,981ExclusionAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$1,015,280TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$12,001TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$249,078TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$21,418TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$19,096TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
PROGRAMS AND ACTIVITIES$261,450
GOVERNMENT RELATIONS$136,871
MEMBERSHIP DEVELOPMENT$7,583
COMMUNICATION/PUBLICATI$2,535

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,725,312TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,700,027BOYAmt
EOY$666,795EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$10,750BOYAmt
EOY$0EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$144,848BOYAmt
EOY$187,704EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$37,500BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$22,948BOYAmt
EOY$30,620EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$181,756LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$94,023LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$69,734BOYAmt
EOY$87,733EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,105,635BOYAmt
EOY$2,341,056EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,091,442BOYAmt
EOY$3,313,908EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$120,927BOYAmt
EOY$178,925EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$132,525BOYAmt
EOY$413,702EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$243,274BOYAmt
EOY$253,603EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$496,726BOYAmt
EOY$846,230EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,594,716BOYAmt
EOY$2,467,678EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,594,716BOYAmt
EOY$2,467,678EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,091,442BOYAmt
EOY$3,313,908EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$70,268ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$192,319NetUnrlzdGainsLossesInvstAmt
Prior Period Adjustments-$249,089PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (1)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
FS Audited0FSAuditedInd
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues NondedYes (1)SubstantiallyAllDuesNondedInd
Only In House Lobbying0OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$181,756OtherCostOrOtherBasisAmt
Depreciation$94,023DepreciationAmt
Book Value$87,733BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$87,733TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescDEFERRED COMPENSATION OBLIGATIONSDesc
Amt$253,603Amt
FieldValueIRS element (for citing)
Total Liability$253,603TotalLiabilityAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3ON JANUARY 1, 2017, GREATER MADISON CHAMBER OF COMMERCE, INC. BEGAN LEASING ITS EMPLOYEES, INCLUDING ITS PRESIDENT, FROM QTI MANAGEMENT SERVICES, INC. THE PRESIDENT PERFORMS MANAGEMENT DUTIES SUCH AS SUPERVISING PERSONNEL, PLANNING AND EXECUTING BUDGETS AND FINANCIAL OPERATIONS, AND SUPERVISING EXEMPT OPERATIONS. DURING 2019 THE PRESIDENT RECEIVED $221,280 OF REPORTABLE COMPENSATION AND $20,595 OF OTHER COMPENSATION FROM QTI MANAGEMENT SERVICES, INC.
FORM 990, PART VI, SECTION A, LINE 6THE ORGANIZATION HAS A SINGLE CLASS OF MEMBERSHIP.
FORM 990, PART VI, SECTION A, LINE 7ATHE ORGANIZATION'S MEMBERSHIP HAS THE RIGHT TO ELECT AND APPOINT THE MEMBERS OF THE ORGANIZATION'S GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11BTHE PREPARED FORM 990 IS REVIEWED BY THE MANAGING DIRECTOR OF FINANCE, DIRECTOR OF OPERATIONS, THE PRESIDENT, AND THE TREASURER, AND AVAILABLE FOR REVIEW BY THE EXECUTIVE COMMITTEE BEFORE THE RETURN IS FILED WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CALL OFFICERS AND DIRECTORS ARE EMPLOYEES OF MEMBER ORGANIZATIONS. ALTHOUGH INTERESTS ARE NOT FORMALLY DISCLOSED, THEY ARE VERY CLEAR DUE TO THE NATURE OF THE GOVERNING BODY. THE LIST OF MEMBERS IS PROACTIVELY MANAGED AND REVIEWED ON A REGULAR BASIS WITH ANY POTENTIAL CONFLICTS DISCUSSED PRIOR TO THE OFFICER OR DIRECTOR BECOMING INVOLVED IN THE POTENTIAL CONFLICT.
FORM 990, PART VI, SECTION B, LINE 15ATHE EXECUTIVE COMMITTEE OF THE GOVERNING BODY DETERMINES THE PRESIDENT'S COMPENSATION ANNUALLY. AN EXTERNAL HUMAN RESOURCES FIRM PROVIDES COMPARABLE DATA AND THE CHAIR INFORMS THE DIRECTOR OF OPERATIONS. THE PRESIDENT HAS THE DISCRETION TO DETERMINE ALL OTHER EMPLOYEE COMPENSATION. AN EXTERNAL HUMAN RESOURCES FIRM PROVIDES COMPARABLE DATA FOR THESE POSITIONS EVERY THREE YEARS. IN ADDITION, THE EXECUTIVE COMMITTEE AND THE GOVERNING BODY APPROVE THE ANNUAL BUDGET WHICH INCLUDES TOTAL COMPENSATION.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MADE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1GREATER MADISON CHAMBER OF COMMERCE FOUNDATION INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 S PINCKNEY ST NO 330AddressLine1Txt
CityMADISONCityNm
State AbbreviationWIStateAbbreviationCd
ZIP537033234ZIPCd
FieldValueIRS element (for citing)
EIN391734769EIN
Primary ActivitiesLEADERSHIP TRAININGPrimaryActivitiesTxt
Legal Domicile StateWILegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 12B, IIPublicCharityStatusTxt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1GREATER MADISON CHAMBER OF COMMERCE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Controlled OrganizationYes (1)ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd