Form 990 for tax year 2022
Filed by US CHAMBER OF COMMERCE FOUNDATION.
Totals
- Total revenue
- $32,762,291
- Total expenses
- $38,568,091
- Contributions and grants received
- $30,634,307
- Grants paid
- $9,091,046
- Program services expenses (Part IX)
- $34,620,854
- Management and general expenses
- $2,682,332
- Fundraising expenses
- $1,264,905
- Program service expenses (Part III)
- $34,620,854
Program services were 89.8% 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
- $6,326,094
- From this org
- $0
- From related orgs
- $5,903,062
- Other
- $423,032
- Hours/week
- 3 + 37 related
Schedule J breakdown matched by us
- Base
- $0 + $1,487,753 related
- Bonus
- $0 + $4,375,000 related
- Other
- $0 + $40,309 related
- Deferred
- $0 + $392,025 related
- Nontaxable benefits
- $0 + $31,007 related
- Filer's total
- $0 + $6,326,094 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
Chair/Director
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Justin Waller
COO
- Total calculated
- $1,888,164
- From this org
- $0
- From related orgs
- $1,748,189
- Other
- $139,975
- Hours/week
- 2 + 38 related
Schedule J breakdown matched by us
- Base
- $0 + $647,697 related
- Bonus
- $0 + $1,100,000 related
- Other
- $0 + $492 related
- Deferred
- $0 + $129,525 related
- Nontaxable benefits
- $0 + $10,450 related
- Filer's total
- $0 + $1,888,164 related
-
Carolyn Cawley Westermann
President
- Total calculated
- $664,432
- From this org
- $370,066
- From related orgs
- $254,717
- Other
- $39,649
- Hours/week
- 30 + 10 related
Schedule J breakdown matched by us
- Base
- $370,066 + $124,717 related
- Bonus
- $0 + $130,000 related
- Other
- $0
- Deferred
- $18,969 + $13,056 related
- Nontaxable benefits
- $4,516 + $3,108 related
- Filer's total
- $393,551 + $270,881 related
-
Stefan Freiberg
CFO
- Total calculated
- $577,857
- From this org
- $0
- From related orgs
- $530,087
- Other
- $47,770
- Hours/week
- 2 + 38 related
Schedule J breakdown matched by us
- Base
- $0 + $430,087 related
- Bonus
- $0 + $100,000 related
- Other
- $0
- Deferred
- $0 + $19,825 related
- Nontaxable benefits
- $0 + $27,945 related
- Filer's total
- $0 + $577,857 related
-
David Detweiler
General Counsel/ Secretary
- Total calculated
- $166,043
- From this org
- $0
- From related orgs
- $155,325
- Other
- $10,718
- Hours/week
- 2 + 38 related
Schedule J breakdown matched by us
- Base
- $0 + $155,325 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $2,538 related
- Nontaxable benefits
- $0 + $8,180 related
- Filer's total
- $0 + $166,043 related
-
Kathryn Traver
VP Ops & Asst Secretary
- Total calculated
- -$108,446
- From this org
- $126,975
- From related orgs
- $0
- Other
- -$235,421
- Hours/week
- 40
-
Eric Eversole
Pres, HOH
- Total calculated
- $567,257
- From this org
- $332,696
- From related orgs
- $200,000
- Other
- $34,561
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $328,784
- Bonus
- $0 + $200,000 related
- Other
- $3,912
- Deferred
- $32,025
- Nontaxable benefits
- $2,536
- Filer's total
- $367,257 + $200,000 related
-
Marc DeCourcey
SVP, CCC
- Total calculated
- $382,925
- From this org
- $326,649
- From related orgs
- $0
- Other
- $56,276
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $242,737
- Bonus
- $80,000
- Other
- $3,912
- Deferred
- $32,025
- Nontaxable benefits
- $24,251
- Filer's total
- $382,925
-
Michael Carney
SVP Emerging Issues
- Total calculated
- $426,083
- From this org
- $362,816
- From related orgs
- $0
- Other
- $63,267
- Hours/week
- 37 + 3 related
Schedule J breakdown matched by us
- Base
- $282,816
- Bonus
- $80,000
- Other
- $0
- Deferred
- $32,025
- Nontaxable benefits
- $31,242
- Filer's total
- $426,083
-
Cheryl Oldham
SVP, Educ & Workf USCCF
- Total calculated
- $406,810
- From this org
- $0
- From related orgs
- $357,636
- Other
- $49,174
- Hours/week
- 24 + 16 related
Schedule J breakdown matched by us
- Base
- $0 + $275,536 related
- Bonus
- $0 + $82,000 related
- Other
- $0 + $100 related
- Deferred
- $0 + $31,705 related
- Nontaxable benefits
- $0 + $17,469 related
- Filer's total
- $0 + $406,810 related
-
Jason Tyszko
VP, Policy & Programs
- Total calculated
- $277,446
- From this org
- $0
- From related orgs
- $231,422
- Other
- $46,024
- Hours/week
- 31 + 9 related
Schedule J breakdown matched by us
- Base
- $0 + $216,372 related
- Bonus
- $0 + $15,000 related
- Other
- $0 + $50 related
- Deferred
- $0 + $26,728 related
- Nontaxable benefits
- $0 + $19,296 related
- Filer's total
- $0 + $277,446 related
-
Morna Dexter
VP Ops & Comms
- Total calculated
- $260,142
- From this org
- $223,938
- From related orgs
- $0
- Other
- $36,204
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $193,938
- Bonus
- $30,000
- Other
- $0
- Deferred
- $24,069
- Nontaxable benefits
- $12,135
- Filer's total
- $260,142
-
Rebecca Mousseau
Exec Dir, Corp Relations
- Total calculated
- $21,010
- From this org
- $209,287
- From related orgs
- $0
- Other
- -$188,277
- Hours/week
- 40
-
John Wood
General Counsel
- Total calculated
- $382,025
- From this org
- $0
- From related orgs
- $350,000
- Other
- $32,025
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $0
- Bonus
- $0 + $350,000 related
- Other
- $0
- Deferred
- $0 + $32,025 related
- Nontaxable benefits
- $0
- Filer's total
- $0 + $382,025 related
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
- Two of the individuals listed in Part VII of the core form utilized travel for companions at least once for business travel. Social club dues are available to two of the individuals listed in Part VII of the core form 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
-
CHAMBER OF COMMERCE OF THE USA
$1,835,220
Grant for the historic preservation of the Chamber of Commerce of the USA Building at 1615 H Street, NW Washington, DC, a registered historic landmark, in partnership with the National Trust for Historic Preservation. All payments under the grant must be for costs approved by the National Trust for Historic Preservation. This grant ensures that the public benefits from the historical and architectural value of the building.
-
$125,000
Grant to increase awareness of child care needs in nine regions/states.
-
Donation to establish a scholarship fund.
-
$60,000
Donation to establish a scholarship fund.
-
$30,000
Sponsorship of internship program.
-
Grant to train leaders on improving career pathways for disadvantaged students.
-
$25,000
To aid a struggling small business in an economically distressed community.
-
$25,000
To aid a struggling small business in an economically distressed community.
-
$25,000
To aid a struggling small business in an economically distressed community.
-
$25,000
To aid a struggling small business in an economically distressed community.
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
- 2022
- Filed
- 13 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333179349309423
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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