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ALAMANCE COUNTY AREA CHAMBER OF COMMERCE: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
ALAMANCE COUNTY AREA CHAMBER OF COMMERCE (EIN 56-0156970)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-02-15
IRS object ID
201640479349301719
Schema version
2015v2.1
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)
Return2016-02-15T00:00:00-06:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN560587953PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GILLIAM COBLE & MOSER LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 621AddressLine1Txt
CityBURLINGTONCityNm
State AbbreviationNCStateAbbreviationCd
ZIP272160621ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN560156970EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ALAMANCE COUNTY AREA CHAMBER OFBusinessNameLine1Txt
Business Name Line2COMMERCE INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlALAMBusinessNameControlTxt
Phone3362281338PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1POST OFFICE BOX 450AddressLine1Txt
CityBURLINGTONCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27216ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDAVID A WILLIAMS IIIPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone3362281338PhoneNum
Signature2016-02-16SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJ BRADLEY MOSERPreparerPersonNm
PTINP00024209PTIN
Phone3362276283PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2016-09-27 15:27:22ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDAVID A WILLIAMS IIIPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1POST OFFICE BOX 450AddressLine1Txt
CityBURLINGTONCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27216ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$989,591GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.ALAMANCECHAMBER.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1914FormationYr
Legal Domicile StateNCLegalDomicileStateCd
Activity Or MissionTO PROMOTE ECONOMIC DEVELOPMENT IN ALAMANCE COUNTY.ActivityOrMissionDesc
Voting Members Governing Body24VotingMembersGoverningBodyCnt
Voting Members Independent24VotingMembersIndependentCnt
Total Employee10TotalEmployeeCnt
Total Volunteers75TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$5,000PYContributionsGrantsAmt
CY Contributions Grants$236,500CYContributionsGrantsAmt
PY Program Service Revenue$1,029,580PYProgramServiceRevenueAmt
CY Program Service Revenue$619,156CYProgramServiceRevenueAmt
PY Investment Income$709PYInvestmentIncomeAmt
CY Investment Income$1,017CYInvestmentIncomeAmt
PY Other Revenue$113,027PYOtherRevenueAmt
CY Other Revenue$132,918CYOtherRevenueAmt
PY Total Revenue$1,148,316PYTotalRevenueAmt
CY Total Revenue$989,591CYTotalRevenueAmt
PY Grants And Similar Paid$7,052PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$522,622PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$420,106CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$654,869PYOtherExpensesAmt
CY Other Expenses$443,105CYOtherExpensesAmt
PY Total Expenses$1,184,543PYTotalExpensesAmt
CY Total Expenses$863,211CYTotalExpensesAmt
PY Revenues Less Expenses-$36,227PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$126,380CYRevenuesLessExpensesAmt
Total Assets BOY$437,311TotalAssetsBOYAmt
Total Assets EOY$563,691TotalAssetsEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$437,311NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$563,691NetAssetsOrFundBalancesEOYAmt
MissionTHE MISSION OF THE ALAMANCE COUNTY AREA CHAMBER OF COMMERCE IS TO ENHANCE THE WELFARE OF BUSINESS AND TO PROMOTE AND STIMULATE ECONOMIC VITALITY IN THE ALAMANCE COUNTY AREA FOR THE BENEFIT OF ITS MEMBERS AND THE COMMUNITY.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescDEVELOPMENT OF A HEALTHY ECONOMIC CLIMATE THROUGH MEMBER RELATIONS; ECONOMIC DEVELOPMENT THROUGH WORKSHOPS, SEMINARS, AND TOURS. ATTRACT BUSINESS TO ALAMANCE COUNTY.Desc
Described In Section501c30DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
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 With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document9IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee10EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members24GoverningBodyVotingMembersCnt
Independent Voting Member24IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
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
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DAVID A WILLIAMS IIIBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3362281338PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1610 S LEXINGTON AVEAddressLine1Txt
CityBURLINGTONCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27215ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (26 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JEFF ANDREWS
CHAIRMAN2.00Yes (X)Yes (X)$0$0$0
CINDY MONTGOMERY
PAST CHAIR2.00Yes (X)Yes (X)$0$0$0
LORI SEILER
CHAIR-ELECT2.00Yes (X)Yes (X)$0$0$0
SUSAN EZEKIEL
TREASURER2.00Yes (X)Yes (X)$0$0$0
TRIP DURHAM
VICE CHAIRMAN2.00Yes (X)Yes (X)$0$0$0
DALE GREESON
VICE CHAIRMAN2.00Yes (X)Yes (X)$0$0$0
PAUL KOONTS
VICE CHAIRMAN2.00Yes (X)Yes (X)$0$0$0
REBECCA PARKS
VICE CHAIRMAN2.00Yes (X)Yes (X)$0$0$0
CHRIS CLEMMONS
DIRECTOR1.00Yes (X)$0$0$0
DR ALGIE GATEWOOD
DIRECTOR1.00Yes (X)$0$0$0
BRIAN HALL
DIRECTOR1.00Yes (X)$0$0$0
FRANK HOOD
DIRECTOR1.00Yes (X)$0$0$0
BRENDLE LEGGETT
DIRECTOR1.00Yes (X)$0$0$0
DENNIS WORKMAN
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL DICKEY
DIRECTOR1.00Yes (X)$0$0$0
DR DAVID JOHNSON
DIRECTOR1.00Yes (X)$0$0$0
DAVID MOORE
DIRECTOR1.00Yes (X)$0$0$0
LISA PENNINGTON
DIRECTOR1.00Yes (X)$0$0$0
CHERYL RAY
DIRECTOR1.00Yes (X)$0$0$0
LUCIEN ROUGHTON
DIRECTOR1.00Yes (X)$0$0$0
ELIZABETH COBLE
DIRECTOR1.00Yes (X)$0$0$0
PAM FOX
DIRECTOR1.00Yes (X)$0$0$0
THERESA MANSFIELD
DIRECTOR1.00Yes (X)$0$0$0
DARYL INGOLD
DIRECTOR1.00Yes (X)$0$0$0
MAC JORDAN
DIRECTOR1.00Yes (X)$0$0$0
DAVID A WILLIAMS III
PRESIDENT40.00Yes (X)$126,213$0$12,697
FieldValueIRS element (for citing)
Total Reportable Comp From Org$126,213TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$12,697TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$200,000GovernmentGrantsAmt
All Other Contributions$36,500AllOtherContributionsAmt
Total Contributions$236,500TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PROGRAMS, PROJECTS, AN561439$226,727$226,727
FEES AND CONTRACTS FRO561439$201,044$201,044
MEMBERSHIP DUES FOR BE561439$191,385$191,385
FieldValueIRS element (for citing)
Total Program Service Revenue$619,156TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,017TotalRevenueColumnAmt
Exclusion$1,017ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
REIMBURSEMENTS FROM AL561439$117,839$117,839
MISCELLANEOUS561439$15,079$15,079
FieldValueIRS element (for citing)
Other Revenue Total$132,918OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$989,591TotalRevenueColumnAmt
Related Or Exempt Func Income$752,074RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,017ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$126,214TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$241,549TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$21,028TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$31,315TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$8,230TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$11,813TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$39,191TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$22,676TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$9,714TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$57,227TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$18,602TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$70,858TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
PROGRAMS AND PROJECTS$160,175
EQUIPMENT RENTAL AND MA$28,533
ORGANIZATION DUES$11,020
MISCELLANEOUS$5,066

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$863,211TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$60BOYAmt
EOY$62EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$275,727BOYAmt
EOY$412,828EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$707,685LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$556,884LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$161,524BOYAmt
EOY$150,801EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$437,311BOYAmt
EOY$563,691EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$363,412BOYAmt
EOY$337,152EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$73,899BOYAmt
EOY$226,539EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$437,311BOYAmt
EOY$563,691EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$437,311BOYAmt
EOY$563,691EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$126,380ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting OtherYes (X)MethodOfAccountingOtherInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House LobbyingYes (1)OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$39,941OtherCostOrOtherBasisAmt
Book Value$39,941BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$495,487OtherCostOrOtherBasisAmt
Depreciation$398,604DepreciationAmt
Book Value$96,883BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$15,020OtherCostOrOtherBasisAmt
Depreciation$15,020DepreciationAmt
Book Value$0BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$157,237OtherCostOrOtherBasisAmt
Depreciation$143,260DepreciationAmt
Book Value$13,977BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$150,801TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$1,069,451TotalRevEtcAuditedFinclStmtAmt
Other Revenue$79,860OtherRevenueAmt
Revenue Not Reported$79,860RevenueNotReportedAmt
Revenue Subtotal$989,591RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$989,591TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$863,211TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$863,211ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$863,211TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART XI, LINE 2D - OTHER ADJUSTMENTS:FormAndLineReferenceDesc
ExplanationTRANSFER TO TEMPORARILY RESTRICTED NET ASSETS 79,860.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11THE PRESIDENT OF THE CHAMBER, DAVID WILLIAMS, HAS APPROVED THE FORM 990 PRIOR TO FILING THE RETURN WITH THE IRS. THE CURRENT TREASURER WILL REPORT TO THE BOARD AT THEIR MONTHLY MEETING IN FEBRUARY THAT THE FORM 990 IS READY FOR FILING AND IF ANYONE HAS ANY QUESTIONS, THEY WILL BE ADDRESSED AT THIS BOARD MEETING. THE BOARD WILL THEN APPROVE THE FORM 990 AT THEIR FEBRUARY MEETING. ONCE APPROVED, THE FORM 990 WILL BE FILED WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CEACH EMPLOYEE IS REQUIRED TO SIGN A CONFLICT OF INTEREST POLICY DOCUMENT ANNUALLY.
FORM 990, PART VI, SECTION B, LINE 15AA SEARCH COMMITTEE WAS APPOINTED BY THE BOARD OF DIRECTORS IN 2005. THE COMMITTEE NEGOTIATED THE CEO'S CONTRACT AND IT WAS APPROVED BY THE BOARD OF DIRECTORS. THE CONTRACT IS REVIEWED ANNUALLY.
FORM 990, PART VI, SECTION C, LINE 19ALL GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART XI, LINE 1:THE ORGANIZATION USES THE CASH METHOD OF ACCOUNTING WITH DEPRECIATION.
FORM 990, PART XI, LINE 2C:NO CHANGES HAVE BEEN MADE TO THE WAY THE ORGANIZATION OVERSEES THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT.