Form 990 for tax year 2023
Filed by FORT COLLINS CHAMBER OF COMMERCE.
Totals
- Total revenue
- $1,841,543
- Total expenses
- $2,941,311
- Contributions and grants received
- $543,561
- Grants paid
- $0
- Program service revenue
- $1,335,772
- Investment income
- $34,108
- Other revenue
- -$71,898
- Total assets, end of year
- $3,442,549
- Total liabilities, end of year
- $668,444
- Net assets or fund balances, end of year
- $2,774,105
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$507,061
-
1f · All other contributions, gifts and grants
$36,500
-
2a · Program service revenue: MEMBERSHIP DUES
total $825,424 · related or exempt $825,424
-
2b · Program service revenue: PROGRAM & SALES REVENU
total $459,972 · related or exempt $459,972
-
2c · Program service revenue: LEADERSHIP DEVELOPMENT
total $32,766 · related or exempt $32,766
-
2d · Program service revenue: ADVERTISING INCOME
total $17,610 · unrelated business $17,610
-
3 · Investment income
total $15,937 · excluded $15,937
-
7a · Gross sales of assets other than inventory
securities $224,124
-
7b · Less cost or other basis and sales expenses
securities $205,953
-
7c · Gain or loss
securities $18,171
-
7d · Net gain or loss
total $18,171 · excluded $18,171
-
8a · Fundraising events: gross income
$2,000
-
8b · Fundraising events: direct expenses
$73,898
-
8c · Net income from fundraising events
total -$71,898 · excluded -$71,898
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $129,019
-
7 · Other salaries and wages
total $141,929
-
8 · Pension plan contributions
total $34,148
-
9 · Other employee benefits
total $72,471
-
10 · Payroll taxes
total $60,492
-
11c · Fees: accounting
total $32,295
-
11f · Fees: investment management
total $2,224
-
11g · Fees: other
total $2,942
-
12 · Advertising and promotion
total $15,297
-
13 · Office expenses
total $13,612
-
14 · Information technology
total $42,151
-
16 · Occupancy
total $46,895
-
17 · Travel
total $692
-
20 · Interest
total $406
-
22 · Depreciation, depletion and amortization
total $51,084
-
24a · Other expenses: BUSINESS ADVOCACY
total $678,850
-
24b · Other expenses: WORKFORCE AND LOCAL INI
total $444,192
-
24c · Other expenses: BAD DEBT EXPENSE
total $410,067
-
24d · Other expenses: EVENTS AND PROGRAMS
total $392,767
-
24e · All other expenses
total $369,778
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $466,689 · end of year $282,076
-
2 · Savings and temporary cash investments
beginning of year $466,094 · end of year $293,230
-
3 · Pledges and grants receivable
beginning of year $2,776,455 · end of year $1,880,512
-
4 · Accounts receivable
beginning of year $97,908 · end of year $79,297
-
9 · Prepaid expenses and deferred charges
beginning of year $31,983 · end of year $8,753
-
10a · Land, buildings and equipment: cost or other basis
$1,122,249
-
10b · Land, buildings and equipment: accumulated depreciation
$685,260
-
10c · Land, buildings and equipment, net
beginning of year $439,867 · end of year $436,989
-
11 · Investments: publicly traded securities
beginning of year $250,601 · end of year $274,231
-
15 · Other assets
beginning of year $257,520 · end of year $187,461
-
17 · Accounts payable and accrued expenses
beginning of year $205,807 · end of year $86,221
-
19 · Deferred revenue
beginning of year $473,042 · end of year $394,732
-
23 · Secured mortgages and notes payable
beginning of year $11,302 · end of year $14,572
-
25 · Other liabilities
beginning of year $226,749 · end of year $172,919
-
27 · Net assets without donor restrictions
beginning of year $1,033,118 · end of year $839,025
-
28 · Net assets with donor restrictions
beginning of year $2,837,099 · end of year $1,935,080
Mission and programs · 2023
Mission
THE FORT COLLINS AREA CHAMBER OF COMMERCE CHAMPIONS OUR COMMUNITY AND REGION'S QUALITY OF LIFE AND ECONOMIC VITALITY THROUGH STRONG BUSINESS ADVOCACY AND COLLABORATIVE LEADERSHIP.
Activities or mission (Part I)
THE CHAMBER CHAMPIONS OUR COMMUNITY AND REGION'S QUALITY OF LIFE AND ECONOMIC VITALITY THROUGH STRONG BUSINESS ADVOCACY AND COLLABORATIVE LEADERSHIP.
-
BUSINESS INITIATIVES - FIX NORTH I-25 BUSINESS ALLIANCE: THE ALLIANCE REPRESENTS THE BUSINESS PERSPECTIVE ON ISSUES IMPACTING THE MOBILITY OF THE NORTH I-25 CORRIDOR BETWEEN HIGHWAY 14 AND HIGHWAY 66. THE ALLIANCE IS AN ADVOCACY GROUP THAT: WORKS WITH GOVERNMENT AT ALL LEVELS TO SECURE FUNDING FOR EXPANDING NORTH I-25 TO THREE LANES, COMMUNICATES THE ECONOMIC IMPORTANCE OF A FUNCTIONAL I-25 CORRIDOR, AND EMPOWERS BUSINESSES AND THE PUBLIC TO GET INVOLVED.TALENT AND RECRUITMENT: PROGRAM TO IMPLEMENT STRATEGIES TO INSURE A COMPETITIVE ADVANTAGE FOR AREA EMPLOYERS THROUGH QUALITY WORKERS AND FOR AREA WORKERS THROUGH QUALITY JOBS.UNDER-EMPLOYMENT AND TALENT SHORTAGES ARE A GROWING REGIONAL PROBLEM, WHICH IS EXPECTED TO ACCELERATE AS OLDER WORKERS AGE OUT OF THE WORKFORCE.BUSINESS ENVIRONMENT: THE FORT COLLINS AREA CHAMBER WILL SERVE AS THE VOICE OF BUSINESS TO AGGRESSIVELY ADVOCATE THE PERSPECTIVE OF BUSINESS AND ENSURE PUBLIC OFFICIALS AND RESIDENTS UNDERSTAND THE STRONG CONNECTION BETWEEN BUSINESS VITALITY, JOBS AND HAVING A THE MEANS TO AFFORD PUBLIC SERVICES THAT GREATLY ENHANCE THE QUALITY OF COMMUNITY LIFE, SUCH AS GOOD SCHOOLS, PARKS AND BIKE PATHS. RETAINING KEY EMPLOYERS: THE FORT COLLINS AREA CHAMBER AND KEY PARTNERS WILL DELIBERATELY AND CONSISTENTLY MEET WITH FORT COLLINS-LOVELAND AREA EMPLOYERS TO EXPRESS COMMUNITY SUPPORT FOR THEM AND TO DETERMINE WHAT CAN BE DONE TO HELP THEM.
-
ISSUES SUMMITS - HEALTH CARE SUMMIT: THE SUMMIT PROVIDES MEMBERS OF THE BUSINESS COMMUNITY WITH THE OPPORTUNITY TO DISCUSS DEVELOPMENTS IN HEALTH CARE, THE OUTLOOK FOR THE HEALTH CARE INDUSTRY IN THE FORT COLLINS REGION,AND ACTIONS THAT COULD STRENGTHEN THE HEALTH CARE SECTOR.REGIONAL ISSUES SUMMIT: THE REGIONAL ISSUES SUMMIT IS A FORUM THAT BRINGS ATTENTION TO SOME OF THE LARGER ISSUES FACING NORTHERN COLORADO, INCLUDING TRANSPORTATION, EMPLOYMENT TRENDS AND GAPS, AND WATER.
-
NETWORKING AND EDUCATION EVENTS: THESE EVENTS ARE DESIGNED TO PROVIDE A FORUM AND ENCOURAGE MEMBER INTERACTION AND EDUCATION. THE EVENTS INCLUDE BUSINESS AFTER HOURS, THE ANNUAL GOLF TOURNAMENT, LEADS GROUPS, AND OTHER INFORMATIONAL SESSIONS.
-
THE CHAMBER OFFERS MANY PROGRAMS AND SERVICES INCLUDING LEADERSHIP TRAINING,ADVOCACY,BUSINESS SHOWCASES, AND LEADS GROUPS. IT ALSO PRODUCES NEWSLETTERS AND PUBLICATIONS WHICH ARE MAILED TO MEMBERS IN ORDER TO CREATE A CLIMATE IN WHICH BUSINESSES CAN SUCCEED. REVENUES INCLUDE MEMBER DUES THAT ARE NOT SPECIFICALLY ASSOCIATED WITH ANOTHER PROGRAM, BUT WHICH SUPPORT ALL OF THE PROGRAMS.THE CHAMBER SERVES AS THE FISCAL SPONSOR FOR MULTIPLE INDUSTRY SECTOR PARTNERSHIPS BASED IN NORTHERN COLORADO. THESE PARTNERSHIPS REPRESENT COLLABORATIVE EFFORTS AMONG BUSINESS LEADERS TO TACKLE INDUSTRY-SPECIFIC CHALLENGES AND FOSTER GROWTH. AS OF THE YEAR ENDED DECEMBER 31, 2022, THE CHAMBER FULFILLS THE ROLE OF SPONSOR FOR GROUPS OPERATING WITHIN THE HEALTHCARE, CONSTRUCTION, AND HOSPITALITY SECTORS.
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Ryan SchaeferRYAN SCHAEFER
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Carrie BaumgartCARRIE BAUMGART
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Miles KailburnMILES KAILBURN
CHAIR ELECT
- Total calculated
- $0
- Hours/week
- 2
-
Kate BakerKATE BAKER
EXECUTIVE COMMITTEE
- Total calculated
- $0
- Hours/week
- 2
-
Nicole StaudingerNICOLE STAUDINGER
EXECUTIVE COMMITTEE
- Total calculated
- $0
- Hours/week
- 2
-
Brett KempBRETT KEMP
IMMEDIATE PAST CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Darrin AtteberryDARRIN ATTEBERRY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Clay BartlettCLAY BARTLETT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Michael BelloMICHAEL BELLO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Mat DinsmoreMAT DINSMORE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Carrie GillisCARRIE GILLIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Brandon GrebeBRANDON GREBE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Josh GuernseyJOSH GUERNSEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Jennifer Guero JohnsonJENNIFER GUERO JOHNSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Nick HawsNICK HAWS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Brian MannleinBRIAN MANNLEIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Patrick McMeekinPATRICK MCMEEKIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Ajay MenonAJAY MENON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Shawn OsthoffSHAWN OSTHOFF
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Amy PezzaniAMY PEZZANI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Dan ProvaznikDAN PROVAZNIK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Sheri RidgewaySHERI RIDGEWAY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Dan SoukupDAN SOUKUP
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Lauren StorebyLAUREN STOREBY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Kevin UngerKEVIN UNGER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Ann HutchisonANN HUTCHISON
PRESIDENT & CEO
- Total calculated
- $141,934
- From this org
- $141,934
- From related orgs
- $0
- Other
- $0
- Hours/week
- 50
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, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403209349304440
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