Form 990 for tax year 2023
Filed by US CHAMBER OF COMMERCE FOUNDATION.
Totals
- Total revenue
- $37,774,439
- Total expenses
- $37,796,273
- Contributions and grants received
- $32,043,684
- Grants paid
- $4,887,395
- Program services expenses (Part IX)
- $33,032,447
- Management and general expenses
- $3,033,228
- Fundraising expenses
- $1,730,598
- Program service expenses (Part III)
- $33,032,447
Program services were 87.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
Suzanne Clark
Director, CEO
- Total calculated
- $6,658,776
- From this org
- $0
- From related orgs
- $6,066,261
- Other
- $592,515
- Hours/week
- 3 + 37 related
Schedule J breakdown matched by us
- Base
- $0 + $1,488,168 related
- Bonus
- $0 + $4,500,000 related
- Other
- $0 + $78,093 related
- Deferred
- $0 + $561,550 related
- Nontaxable benefits
- $0 + $30,965 related
- Filer's total
- $0 + $6,658,776 related
-
Diana Cantor
Director
- Total calculated
- $0
- Hours/week
- 1
-
Thomas Kuhn
Director
- Total calculated
- $0
- Hours/week
- 1
-
Michael S Neal
Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Thomas J Wilson
Director/Chair
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Justin Waller
COO
- Total calculated
- $2,006,282
- From this org
- $0
- From related orgs
- $1,857,223
- Other
- $149,059
- Hours/week
- 2 + 38 related
Schedule J breakdown matched by us
- Base
- $0 + $646,834 related
- Bonus
- $0 + $1,205,000 related
- Other
- $0 + $5,389 related
- Deferred
- $0 + $132,150 related
- Nontaxable benefits
- $0 + $16,909 related
- Filer's total
- $0 + $2,006,282 related
-
David Detweiler
General Counsel/ Secretary
- Total calculated
- $811,878
- From this org
- $0
- From related orgs
- $764,670
- Other
- $47,208
- Hours/week
- 2 + 38 related
Schedule J breakdown matched by us
- Base
- $0 + $539,670 related
- Bonus
- $0 + $225,000 related
- Other
- $0
- Deferred
- $0 + $17,431 related
- Nontaxable benefits
- $0 + $29,777 related
- Filer's total
- $0 + $811,878 related
-
Carolyn Cawley Westermann
President
- Total calculated
- $687,166
- From this org
- $363,249
- From related orgs
- $266,628
- Other
- $57,289
- Hours/week
- 28 + 12 related
Schedule J breakdown matched by us
- Base
- $363,249 + $127,628 related
- Bonus
- $0 + $139,000 related
- Other
- $0
- Deferred
- $19,983 + $14,667 related
- Nontaxable benefits
- $13,056 + $9,583 related
- Filer's total
- $396,288 + $290,878 related
-
Stefan Freiberg
CFO
- Total calculated
- $619,870
- From this org
- $0
- From related orgs
- $570,505
- Other
- $49,365
- Hours/week
- 2 + 38 related
Schedule J breakdown matched by us
- Base
- $0 + $430,505 related
- Bonus
- $0 + $140,000 related
- Other
- $0
- Deferred
- $0 + $21,450 related
- Nontaxable benefits
- $0 + $27,915 related
- Filer's total
- $0 + $619,870 related
-
Nikkita Subramanian
Asst Secretary
- Total calculated
- $159,937
- From this org
- $0
- From related orgs
- $149,998
- Other
- $9,939
- Hours/week
- 30 + 10 related
Schedule J breakdown matched by us
- Base
- $0 + $149,998 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $6,031 related
- Nontaxable benefits
- $0 + $3,908 related
- Filer's total
- $0 + $159,937 related
-
Eric Eversole
Pres, HOH
- Total calculated
- $566,150
- From this org
- $329,976
- From related orgs
- $200,000
- Other
- $36,174
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $329,926
- Bonus
- $0 + $200,000 related
- Other
- $50
- Deferred
- $34,650
- Nontaxable benefits
- $1,524
- Filer's total
- $366,150 + $200,000 related
-
Michael Carney
SVP
- Total calculated
- $442,706
- From this org
- $373,902
- From related orgs
- $0
- Other
- $68,804
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $283,902
- Bonus
- $90,000
- Other
- $0
- Deferred
- $34,650
- Nontaxable benefits
- $34,154
- Filer's total
- $442,706
-
Marc DeCourcey
SVP
- Total calculated
- $390,293
- From this org
- $324,918
- From related orgs
- $0
- Other
- $65,375
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $247,918
- Bonus
- $77,000
- Other
- $0
- Deferred
- $34,650
- Nontaxable benefits
- $30,725
- Filer's total
- $390,293
-
Cheryl Oldham
SVP
- Total calculated
- $418,156
- From this org
- $0
- From related orgs
- $365,247
- Other
- $52,909
- Hours/week
- 22 + 18 related
Schedule J breakdown matched by us
- Base
- $0 + $281,147 related
- Bonus
- $0 + $84,000 related
- Other
- $0 + $100 related
- Deferred
- $0 + $34,650 related
- Nontaxable benefits
- $0 + $18,259 related
- Filer's total
- $0 + $418,156 related
-
Rebecca Mousseau
Exec Dir, Corp Relations
- Total calculated
- $291,671
- From this org
- $216,199
- From related orgs
- $0
- Other
- $75,472
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $167,199
- Bonus
- $49,000
- Other
- $0
- Deferred
- $62,720
- Nontaxable benefits
- $12,752
- Filer's total
- $291,671
-
Jason Tyszko
SVP, Policy & Programs
- Total calculated
- $290,155
- From this org
- $0
- From related orgs
- $242,940
- Other
- $47,215
- Hours/week
- 31 + 9 related
Schedule J breakdown matched by us
- Base
- $0 + $232,840 related
- Bonus
- $0 + $10,000 related
- Other
- $0 + $100 related
- Deferred
- $0 + $27,896 related
- Nontaxable benefits
- $0 + $19,319 related
- Filer's total
- $0 + $290,155 related
-
Robert Glenn
VP, Resiliency
- Total calculated
- $238,296
- From this org
- $224,339
- From related orgs
- $0
- Other
- $13,957
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $206,339
- Bonus
- $18,000
- Other
- $0
- Deferred
- $12,759
- Nontaxable benefits
- $1,198
- Filer's total
- $238,296
-
Adam Rocke
Sr Dir, External Engagement
- Total calculated
- $230,474
- From this org
- $209,605
- From related orgs
- $0
- Other
- $20,869
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $159,115
- Bonus
- $34,000
- Other
- $16,490
- Deferred
- $19,888
- Nontaxable benefits
- $981
- Filer's total
- $230,474
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Travel for companions
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 4b · Supplemental nonqualified retirement plan
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Part I, Line 1a
- One of the individuals listed in Part VII of the core form utilized travel for companions at least once for business travel. Two of the individuals listed in Part VII of the core form utilized social club dues for business use only.
- Part I, Line 4b
- The Chamber of Commerce of the USA sponsors a non-qualified 457(f) deferred compensation plan for select employees. The plan provides for additional compensation for service through selected dates. If participants leave prior to the selected dates, the additional compensation may be forfeited or reduced.
- Part I, Line 7
- The US Chamber of Commerce Foundation's executive compensation is provided in the form of base salaries and performance based bonuses. The bonuses are contingent upon individual and organizational results and are not guaranteed in future years.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
Grant to raise awareness for civics education through a local competition.
-
Grant to raise awareness for civics education through a local competition.
-
Grant to raise awareness for civics education through a local competition.
-
To aid a struggling small business in an economically disadvantaged community.
-
Grant to raise awareness for civics education through a local competition.
-
Grant to raise awareness for civics education through a local competition.
-
Grant to raise awareness for civics education through a local competition.
-
Grant to raise awareness for civics education through a local competition.
-
Grants to raise awareness for civics education through a local competition.
-
Grants to raise awareness for civics education through a local competition.
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
Chamber of Commerce of the USA
501(c)(6) · An advocate for the nation's businesses to national leaders. · DC
-
Center for International Private Enterprise
501(c)(3) · Promotes democracy through private enterprise and market reform. · DC
Directly controlled by Chamber of Commerce of the USA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433189349304468
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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