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WARREN AREA CHAMBER OF COMMERCE ECONOMIC DEVELOPMENT FOUNDATION IN: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
WARREN AREA CHAMBER OF COMMERCE ECONOMIC DEVELOPMENT FOUNDATION IN (EIN 34-1670498)
Tax period
2011-01-01 to 2011-12-31
Filed
2012-10-15
IRS object ID
201242899349300729
Schema version
2011v1.2
Source
Download XML · Original 990 at ProPublica

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

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2012-10-15T10:07:55-05:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

FieldValueIRS element (for citing)
EIN341897225EIN

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1HILL BARTH & KING LLCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1100 FEDERAL STREET EAST SUITE 514AddressLine1
CityYOUNGSTOWNCity
StateOHState
ZIP Code445031887ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN341670498EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1THE WARREN AREA CHAMBER OF COMMERCEBusinessNameLine1
Business Name Line2ECONOMIC DEVELOPMENT FOUNDATION INCBusinessNameLine2
FieldValueIRS element (for citing)
Name ControlWARRNameControl
Phone3307442131Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line111 CENTRAL SQUARE NO 1600AddressLine1
CityYOUNGSTOWNCity
StateOHState
ZIP Code44503ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameSTEPHANIE SHAWName
TitleSECRETARYTitle
Phone3307442131Phone
Date Signed2012-08-10DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameJAMES DASCENZOName
PTINP00045020PTIN
Phone3307471903Phone
Date Prepared2012-08-10DatePrepared
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonTHOMAS HUMPHRIESNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line111 CENTRAL SQUARE NO 1600AddressLine1
CityYOUNGSTOWNCity
StateOHState
ZIP Code44503ZIPCode
FieldValueIRS element (for citing)
Gross Receipts657744GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501cXOrganization501c
Web SiteN/AWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1986YearFormation
State Legal DomicileOHStateLegalDomicile
Activity Or Mission DescriptionTO PROMOTE ECONOMIC DEVELOPMENT IN TRUMBULL COUNTYActivityOrMissionDescription
Nbr Voting Members Governing Body7NbrVotingMembersGoverningBody
Nbr Independent Voting Members7NbrIndependentVotingMembers
Total Nbr Employees0TotalNbrEmployees
Total Nbr Volunteers7TotalNbrVolunteers
Total Gross UBI0TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year0ContributionsGrantsPriorYear
Contributions Grants Current Year0ContributionsGrantsCurrentYear
Program Service Revenue Prior Year0ProgramServiceRevenuePriorYear
Program Service Revenue CY0ProgramServiceRevenueCY
Investment Income Prior Year58672InvestmentIncomePriorYear
Investment Income Current Year160380InvestmentIncomeCurrentYear
Other Revenue Prior Year0OtherRevenuePriorYear
Other Revenue Current Year0OtherRevenueCurrentYear
Total Revenue Prior Year58672TotalRevenuePriorYear
Total Revenue Current Year160380TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year100000GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY100000GrantsAndSimilarAmntsCY
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 Year6602OtherExpensePriorYear
Other Expenses Current Year6786OtherExpensesCurrentYear
Total Expenses Prior Year106602TotalExpensesPriorYear
Total Expenses Current Year106786TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-47930RevenuesLessExpensesPriorYear
Revenues Less Expenses CY53594RevenuesLessExpensesCY
Total Assets BOY911708TotalAssetsBOY
Total Assets EOY1015302TotalAssetsEOY
Total Liabilities BOY0TotalLiabilitiesBOY
Total Liabilities EOY50000TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY911708NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY965302NetAssetsOrFundBalancesEOY
Mission DescriptionTO PROMOTE ECONOMIC DEVELOPMENT IN TRUMBULL COUNTY.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense100000Expense
Grants100000Grants
DescriptionGRANTS MADE TO THE YOUNGSTOWN WARREN REGIONAL CHAMBER OF COMMERCE FOUNDATION TO PROMOTE ECONOMIC DEVELOPMENT IN TRUMBULL COUNTY.Description
Total Program Service Expense100000TotalProgramServiceExpense
Described In501 C30DescribedIn501C3
Schedule B Required0ScheduleBRequired
Political Activities0PoliticalActivities
Subject To Proxy Tax0SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments0TermOrPermanentEndowments
Report Land Bldg Equip0ReportLandBldgEquip
Report Invest Oth Securities1ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities1ReportOtherLiabilities
Report Fin48 Footnote0ReportFin48Footnote
Independent Audit Financial Stmt0IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt0ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities0ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations1GrantsToOrganizations
Grants To Individuals0GrantsToIndividuals
Schedule J Required1ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member0BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp0OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity1RelatedEntity
Related Org Controlled Entity0RelatedOrgControlledEntity
Transaction Related Entity0TransactionRelatedEntity
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With10960NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Number Of Employees0NumberOfEmployees
Unrelated Business Income0UnrelatedBusinessIncome
Foreign Financial Account0ForeignFinancialAccount
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members7NbrVotingGoverningBodyMembers
Number Independent Voting Members7NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders1MembersOrStockholders
Election Of Board Members1ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees0MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy0ConflictOfInterestPolicy
Whistleblower Policy0WhistleblowerPolicy
Document Retention Policy0DocumentRetentionPolicy
Compensation Process CEO0CompensationProcessCEO
Compensation Process Other0CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
States Where Copy Of Return Is FiledOHStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1BRUCE LUNTZBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number3307442131TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line111 CENTRAL SQUARE - SUITE 1600AddressLine1
CityYOUNGSTOWNCity
StateOHState
ZIP Code44503ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (8 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficer
ANTHONY CAFARO
BOARD MEMBER1.00X000
SAM COVELLI
BOARD MEMBER1.00X000
STEVE LEWIS
BOARD MEMBER1.00X000
STEVE SAVA
BOARD MEMBER1.00X000
STEPHANIE SHAW
BOARD MEMBER & PRESIDENT1.00X000X
ROBERT SHRODER
BOARD MEMBER1.00X000
CAROL TEREBA
BOARD MEMBER1.00X000
TOM HUMPHRIES NON VOTING
BOARD MEMBER & SECRETARY1.00X015006314893X
FieldValueIRS element (for citing)
Total Reportable Comp From Org0TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs150063TotalReportableCompFrmRltdOrgs
Total Other Compensation14893TotalOtherCompensation
Number Individuals GT100 K0NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K1TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources
Number Of Contractors GT100 K0NumberOfContractorsGT100K

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column25893TotalRevenueColumn
Related Or Exempt Function Income25893RelatedOrExemptFunctionIncome

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities631851Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities497364Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities134487Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column134487TotalRevenueColumn
Related Or Exempt Function Income134487RelatedOrExemptFunctionIncome

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column160380TotalRevenueColumn
Related Or Exempt Function Income160380RelatedOrExemptFunctionIncome
Unrelated Business Revenue0UnrelatedBusinessRevenue
Exclusion$0ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total100000Total
Program Services100000ProgramServices

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total2195Total
Management And General2195ManagementAndGeneral

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total4591Total
Management And General4591ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total106786Total
Program Services100000ProgramServices
Management And General6786ManagementAndGeneral
Fundraising0Fundraising

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY911708BOY
EOY1015302EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY911708BOY
EOY1015302EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY0BOY
EOY50000EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY0BOY
EOY50000EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY911708BOY
EOY965302EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY911708BOY
EOY965302EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY911708BOY
EOY1015302EOY
FieldValueIRS element (for citing)
Reconcilation Revenue Expenses53594ReconcilationRevenueExpenses
Reconcilation Other Changes0ReconcilationOtherChanges
Info In Schedule O Part XIIXInfoInScheduleOPartXII
Method Of Accounting CashXMethodOfAccountingCash
Accountant Compile Or Review1AccountantCompileOrReview
FS Audited0FSAudited
Audit Committee1AuditCommittee
Financial Statement SeparateXFinancialStatementSeparate
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Of Book Value Land Buildings0TotalOfBookValueLandBuildings

Other Securities OtherSecurities (2 entries)

DescriptionDescriptionBook ValueBookValueMethod Of ValuationMethodOfValuation
INVESTMENTS - PUBLICLY TRADED794047C
INVESTMENTS - OTHER221255C
FieldValueIRS element (for citing)
Total Of Book Value Securities1015302TotalOfBookValueSecurities

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
DescriptionDUE TO RELATED PARTYDescription
Amount$50,000Amount
FieldValueIRS element (for citing)
Total Of Amounts50000TotalOfAmounts

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records Maintained0RecordsMaintained

Recipient Table RecipientTable

Recipient Name Business RecipientNameBusiness

FieldValueIRS element (for citing)
Business Name Line1YOUNGSTOWN WARREN REGIONAL CHAMBER OF COMMERCE FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
EIN Of Recipient341582341EINOfRecipient
IRC Section501(C)(3)IRCSection
Amount Of Cash Grant100000AmountOfCashGrant
Purpose Of GrantTO PROMOTE ECONOMIC DEVELOPMENT IN TRUMBULL COUNTYPurposeOfGrant

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePayment
Supplemental Nonqual Retire Plan0SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII

FieldValueIRS element (for citing)
Name PersonTOM HUMPHRIES NON VOTINGNamePerson
Base Compensation Filing Org0BaseCompensationFilingOrg
Comp Based On Related Orgs150063CompBasedOnRelatedOrgs
Bonus Filing Org0BonusFilingOrg
Bonus Related Orgs0BonusRelatedOrgs
Other Compensation Filing Org0OtherCompensationFilingOrg
Other Compensation Related Orgs0OtherCompensationRelatedOrgs
Deferred Comp Filing Org0DeferredCompFilingOrg
Deferred Comp Related Orgs0DeferredCompRelatedOrgs
Nontaxable Benefits Filing Org0NontaxableBenefitsFilingOrg
Nontaxable Benefits Related Orgs0NontaxableBenefitsRelatedOrgs
Total Compensation Filing Org0TotalCompensationFilingOrg
Total Compensation Related Orgs150063TotalCompensationRelatedOrgs
Comp Report Prior990 Filing Org0CompReportPrior990FilingOrg
Comp Report Prior990 Related Orgs0CompReportPrior990RelatedOrgs

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

Return ReferenceReturnReferenceExplanationExplanation
FORM 990, PART VI, SECTION A, LINE 6THE ORGANIZATION HAS MEMBERS.
FORM 990, PART VI, SECTION A, LINE 7ATHE ORGANIZATION'S MEMBERS ARE RESPONSIBLE FOR ELECTING THE TRUSTEES.
FORM 990, PART VI, SECTION A, LINE 8BTHE ORGANIZATION CURRENTLY HAS NO COMMITTEES.
FORM 990, PART VI, SECTION B, LINE 11ALL BOARD TRUSTEES ARE PROVIDED A COPY OF FORM 990 PRIOR TO FILING THE FORM WITH THE IRS.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION PROVIDES GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST.
FORM 990, PART XII, LINE 2CTHE BOARD OF TRUSTEES ASSUMES THE RESPONSIBILITY OF THE OVERSIGHT OF THE COMPILATION OF THE FINANCIAL STATEMENTS.

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII (3 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesLegal Domicile StateLegalDomicileStateExempt Code SectionExemptCodeSectionPublic Charity StatusPublicCharityStatusControlled OrgControlledOrg
YOUNGSTOWNWARREN REGIONAL CHAMBER
11 FEDERAL PLAZA CENTRAL SUITE 1600YOUNGSTOWNOH445031592341731411PROVIDES PROGRAMS AND SERVICES TO BUSINESS IN TEH COMMUNITYOH501(C)(6)N/A0
WARREN AREA CHAMBER OF COMMERCE EDUCATION CIVIC AND CULTURAL FOUNDATION
11 FEDERAL PLAZA CENTRAL SUITE 1600YOUNGSTOWNOH445031592341670497TO PROMOTE EDUCATIONAL, CIVIC AND CULTURAL ENHANCEMENT IN TRUMBULL COUNTYOH501(C)(3)LINE 11A, I0
YOUNGSTOWN WARREN REGIONAL CHAMBER OF COMMERCE FOUNDATION
11 FEDERAL PLAZA CENTRAL SUITE 1600YOUNGSTOWNOH445031592341582341FUNDRAISING FOR ECONOMIC DEVELOPMENTOH501(C)(3)LINE 11A, I0
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents Royalties0ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org1GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org0GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org1LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org0SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org0PurchaseOfAssetsFromOtherOrg
Exchange Of Assets0ExchangeOfAssets
Rental Of Facilities To Other Orgs0RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs0RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs0PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs0PerformOfServicesByOtherOrgs
Sharing Of Facilities0SharingOfFacilities
Sharing Of Paid Employees0SharingOfPaidEmployees
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrg
Other Transfer To Other Org0OtherTransferToOtherOrg
Other Transfer From Other Org0OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)

Transaction TypeTransactionTypeAmount InvolvedAmountInvolvedMethod Of Amt DeterminationMethodOfAmtDetermination
YOUNGSTOWN WARREN REGIONAL CHAMBER OF COMMERCE FOUNDATION
B100000MONIES DISTRIBUTED
WARREN AREA CHAMBER OF COMMERCE EDUCATION CIVIC & CULTURAL FOUNDATION
E50000AMOUNT BORROWED