GREATER MANCHESTER CHAMBER OF COMMERCE: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: GREATER MANCHESTER CHAMBER OF COMMERCE (EIN 02-0161920)
Tax period: 2012-01-01 to 2012-12-31
Filed: 2013-07-30
IRS object ID: 201342119349300324
Schema version: 2012v2.1
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
Form 990
Schedule C
Schedule D
Schedule G
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2013-07-30T09:26:38-05:00	Timestamp
Tax Period End Date	2012-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	VACHON CLUKAY & COMPANY PC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	608 CHESTNUT ST	AddressLine1
City	MANCHESTER	City
State	NH	State
ZIP Code	03104	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	020161920	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	GREATER MANCHESTER CHAMBER OF	BusinessNameLine1
Business Name Line2	COMMERCE	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Control	GREA	NameControl
Phone	6036666600	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	54 HANOVER STREET	AddressLine1
City	MANCHESTER	City
State	NH	State
ZIP Code	03101	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	PAUL E RAMSEY	Name
Title	TREASURER	Title
Phone	6036666600	Phone
Date Signed	2013-07-26	DateSigned

Preparer Preparer

Field	Value	IRS element (for citing)
Name	GARY G BOISVERT	Name
Phone	6036227070	Phone
Date Prepared	2013-07-26	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	ROBIN COMSTOCK	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	54 HANOVER STREET	AddressLine1
City	MANCHESTER	City
State	NH	State
ZIP Code	03101	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	888339	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c	X	Organization501c
Web Site	WWW.MANCHESTER-CHAMBER.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1911	YearFormation
State Legal Domicile	NH	StateLegalDomicile
Activity Or Mission Description	IT IS THE MISSION OF THE GREEATER MANCHESTER CHAMBER OF COMMERCE TO BE A MEMBER-FOCUSED ORGANIZATION THAT DRIVES THE GREATER MANCHESTER BUSINESS ENVIRONMENT AND THE ECONOMIC HEALTH AND VITALITY OF THE REGION BY SUPPORTING BUSINESS GROWTH, PROFESSIONAL DEVELOPMENT AND NETWORKING OPPORTUNITIES, WHILE ADVOCATING FOR OUR MEMBERSHIP.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	24	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	23	NbrIndependentVotingMembers
Total Nbr Employees	8	TotalNbrEmployees
Total Gross UBI	57696	TotalGrossUBI
Net Unrelated Business Txbl Income	-19011	NetUnrelatedBusinessTxblIncome
Contributions Grants Current Year	0	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	818265	ProgramServiceRevenuePriorYear
Program Service Revenue CY	784582	ProgramServiceRevenueCY
Investment Income Prior Year	203	InvestmentIncomePriorYear
Investment Income Current Year	265	InvestmentIncomeCurrentYear
Other Revenue Prior Year	98600	OtherRevenuePriorYear
Other Revenue Current Year	87785	OtherRevenueCurrentYear
Total Revenue Prior Year	917068	TotalRevenuePriorYear
Total Revenue Current Year	872632	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	459720	SalariesEtcPriorYear
Salaries Etc Current Year	486467	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	540342	OtherExpensePriorYear
Other Expenses Current Year	428174	OtherExpensesCurrentYear
Total Expenses Prior Year	1000062	TotalExpensesPriorYear
Total Expenses Current Year	914641	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-82994	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-42009	RevenuesLessExpensesCY
Total Assets BOY	293368	TotalAssetsBOY
Total Assets EOY	244865	TotalAssetsEOY
Total Liabilities BOY	322750	TotalLiabilitiesBOY
Total Liabilities EOY	145000	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	-29382	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	99865	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	IT IS THE MISSION OF THE GREEATER MANCHESTER CHAMBER OF COMMERCE TO BE A MEMBER-FOCUSED ORGANIZATION THAT DRIVES THE GREATER MANCHESTER BUSINESS ENVIRONMENT AND THE ECONOMIC HEALTH AND VITALITY OF THE REGION BY SUPPORTING BUSINESS GROWTH, PROFESSIONAL DEVELOPMENT AND NETWORKING OPPORTUNITIES, WHILE ADVOCATING FOR OUR MEMBERSHIP.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Description	GENERAL PROMOTION OF LOCAL BUSINESS, COMMUNITY, AND VARIOUS MEMBER SERVICES.	Description
Described In501 C3	false	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Subject To Proxy Tax	true	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	false	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	true	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	1	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	false	ComplianceWithBackupWitholding
Number Of Employees	8	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	true	UnrelatedBusinessIncome
Form990-T Filed	true	Form990-TFiled
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	24	NbrVotingGoverningBodyMembers
Number Independent Voting Members	23	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	NH	StatesWhereCopyOfReturnIsFiled
Other Website	X	OtherWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	ROBIN COMSTOCK	NamePerson
Telephone Number	6036666600	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	54 HANOVER STREET	AddressLine1
City	MANCHESTER	City
State	NH	State
ZIP Code	03101	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (24 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
ROBIN COMSTOCK
PRESIDENT	40.00	X	X	94780	0	11023
MATT ALBUQUERQUE
	1.00	X		0	0	0
MAUREEN BEAUREGARD
	1.00	X		0	0	0
THOMAS BOUCHER
	1.00	X		0	0	0
RICHARD BRENNER
	1.00	X		0	0	0
MARK BREWER
	1.00	X		0	0	0
RON COVEY
CHAIR ELECT	1.00	X		0	0	0
ANDREW CREWS
PAST CHAIRMA	1.00	X		0	0	0
ROBERT DUVAL
	1.00	X		0	0	0
DAVID MARA
	1.00	X		0	0	0
MARIE MCKAY
	1.00	X		0	0	0
DIANNE MERCIER
CHAIRMAN	1.00	X		0	0	0
RUSSELL OUELLETTE
	1.00	X		0	0	0
STEPHEN PARIS
	1.00	X		0	0	0
PAUL RAMSEY
TREASURER	1.00	X		0	0	0
MICHEAL REED
	1.00	X		0	0	0
BETH ROBERTS
	1.00	X		0	0	0
FREDERICK URTZ
	1.00	X		0	0	0
ALEXANDER WALKER
	1.00	X		0	0	0
FRANK WELLS
SECRETARY	1.00	X		0	0	0
JUDI WINDOW
	1.00	X		0	0	0
JOSEPH GRAHAM
	1.00	X		0	0	0
THOMAS DONOVAN
	1.00	X		0	0	0
TOM PUSKARICH
	1.00	X		0	0	0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	94780	TotalReportableCompFromOrg
Total Other Compensation	11023	TotalOtherCompensation
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources

Program Service Revenue ProgramServiceRevenue (2 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
MEMBERSHIP DUES	425069	425069
SEMINARS	359513	359513

Field	Value	IRS element (for citing)
Total Program Service Revenue	784582	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	265	TotalRevenueColumn
Exclusion	$265	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	45212	GrossIncomeFundraisingEvents
Fundraising Direct Expenses	15707	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	29505	TotalRevenueColumn

Other Revenue Misc OtherRevenueMisc (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Unrelated Business RevenueUnrelatedBusinessRevenue	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
PUBLICATIONS	511190	57696	57696
MISCELLANEOUS		584		584

Field	Value	IRS element (for citing)
Total Other Revenue	58280	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	872632	TotalRevenueColumn
Related Or Exempt Function Income	785166	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	57696	UnrelatedBusinessRevenue
Exclusion	$265	ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	94780	Total

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	291498	Total

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	34023	Total

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	29954	Total

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	36212	Total

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	7800	Total

Advertising Advertising

Field	Value	IRS element (for citing)
Total	2999	Total

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	58692	Total

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	55954	Total

Interest Interest

Field	Value	IRS element (for citing)
Total	513	Total

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	19097	Total

Insurance Insurance

Field	Value	IRS element (for citing)
Total	2624	Total

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal
FOOD, RENTAL FAC ETC	138609
PUBLICATIONS	76707
OUTSIDE SERVICES	32157
TELEPHONE	11467

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	21555	Total

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	914641	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	102123	BOY
EOY	57534	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	58307	BOY
EOY	72870	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	24788	BOY
EOY	24808	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	272595	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	182942	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	108150	BOY
EOY	89653	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	293368	BOY
EOY	244865	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	48930	BOY
EOY	41189	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	273820	BOY
EOY	103811	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	322750	BOY
EOY	145000	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	-31598	BOY
EOY	99865	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	2216	BOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	-29382	BOY
EOY	99865	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	293368	BOY
EOY	244865	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	-42009	ReconcilationRevenueExpenses
Reconcilation Donated Services	20000	ReconcilationDonatedServices
Reconcilation Prior Adjustment	151256	ReconcilationPriorAdjustment
Info In Schedule O Part XII	X	InfoInScheduleOPartXII
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Separate	X	FinancialStatementSeparate

Field	Value	IRS element (for citing)
Audit Committee	true	AuditCommittee
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Substantially All Dues Nondeduct	false	SubstantiallyAllDuesNondeduct
Only In House Lobbying	false	OnlyInHouseLobbying
Agree To Carryover Prior Year	false	AgreeToCarryoverPriorYear
Dues Assessments	425069	DuesAssessments
Non Ded Lobby Political Current	14373	NonDedLobbyPoliticalCurrent
Non Ded Lobby Political Total	14373	NonDedLobbyPoliticalTotal
Aggr Amt Reported In Dues Notices	12752	AggrAmtReportedInDuesNotices
Amount To Be Carried Over	1621	AmountToBeCarriedOver

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	272595	OtherCostOrOtherBasis
Depreciation	182802	Depreciation
Book Value	89793	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	89793	TotalOfBookValueLandBuildings
Tot Revenue Etc Audited Fincl Stmt	910555	TotRevenueEtcAuditedFinclStmt
Donated Srvc And Use Of Facilities	20000	DonatedSrvcAndUseOfFacilities
Other Revenues	17923	OtherRevenues
Revenue Not Rptd F990	37923	RevenueNotRptdF990
Revenue Subtotal	872632	RevenueSubtotal
Total Revenue Per Form990	872632	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	930348	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	15707	OtherExpensesIncluded
Expenses Not Rptd F990	15707	ExpensesNotRptdF990
Expenses Subtotal	914641	ExpensesSubtotal
Total Expenses Per Form990	914641	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER	SCHEDULE D, PAGE 4, PART XI, LINE 2D	FUNDRAISING - DIRECT EXPENSES 15,707 NET ASSETS RELESED FROM RESTRICTION 2,216
EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER	SCHEDULE D, PAGE 4, PART XII, LINE 2D	FUNDRAISING- DIRECT EXPENSES 15,707
EXPENSE AMOUNTS INCLUDED ON RETURN - OTHER	SCHEDULE D, PAGE 4, PART XII, LINE 4B	BOOK / TAX DEPRECIATION DIFFERENCE 140

Schedule G IRS990ScheduleG

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	GOLF TOURNAMENT	NameOfEvent1
Gross Receipts Event1	45212	GrossReceiptsEvent1
Gross Revenue Event1	45212	GrossRevenueEvent1
Other Direct Expenses Event1	15707	OtherDirectExpensesEvent1
Gross Receipts Total	45212	GrossReceiptsTotal
Gross Revenue Total Events	45212	GrossRevenueTotalEvents
Other Direct Expenses Total Events	15707	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	15707	DirectExpenseSummaryEvents
Net Income Summary	29505	NetIncomeSummary

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ORGANIZATION'S MISSION	FORM 990 - ORGANIZATION'S MISSION	IT IS THE MISSION OF THE GREEATER MANCHESTER CHAMBER OF COMMERCE TO BE A MEMBER-FOCUSED ORGANIZATION THAT DRIVES THE GREATER MANCHESTER BUSINESS ENVIRONMENT AND THE ECONOMIC HEALTH AND VITALITY OF THE REGION BY SUPPORTING BUSINESS GROWTH, PROFESSIONAL DEVELOPMENT AND NETWORKING OPPORTUNITIES, WHILE ADVOCATING FOR OUR MEMBERSHIP.
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	FORM 990 AND 990T GETS REVIEWED IN DETAIL BY THE FINANCE COMMITTEE, THEN GOES TO THE ENTIRE BOARD FOR REVIEW AND COMMENT, THEN GOES TO THE EXECUTIVE COMMITTEE FOR APPROVAL.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	ANNUALLY, OUR BOARD MEMBERS ARE ASKED TO SIGN A FORM ABOUT THEIR POTENTIAL CONFLICTS, IF ANY.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	NO DOCUMENTS AVAILABLE TO THE PUBLIC
RECONCILIATION OF CHANGES - OTHER	FORM 990, PART XI, LINE 9	FUNDRAISING - DIRECT EXPENSES 15,707 NET ASSETS RELESED FROM RESTRICTION 2,216 FUNDRAISING- DIRECT EXPENSES -15,707 BOOK / TAX DEPRECIATION DIFFERENCE 140
CHANGE IN ACCOUNTING METHOD EXPLANATION	FORM 990, PAGE 12, PART XII, LINE 1	THE ORGANIZATION EFFECTED A CHANGE IN ACCOUNTING METHOD FOR RECOGNIZING REVENUE FROM MEMBERSHIP DUES. THE NET EFFECT WAS TO INCREASE NET ASSETS BY 151,256 AS OF JANUARY 1, 2012.