Form 990 for tax year 2023
Filed by MONTGOMERY COUNTY CHAMBER OF COMMERCE.
Totals
- Total revenue
- $2,229,119
- Total expenses
- $2,519,450
- Contributions and grants received
- $176,850
- Grants paid
- $2,500
- Program service revenue
- $2,028,815
- Investment income
- $23,454
- Other revenue
- $0
- Total assets, end of year
- $2,357,043
- Total liabilities, end of year
- $2,243,998
- Net assets or fund balances, end of year
- $113,045
- 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.
-
1f · All other contributions, gifts and grants
$176,850
-
2a · Program service revenue: EVENT REGISTRATIONS
total $1,456,655 · related or exempt $1,456,655
-
2b · Program service revenue: MEMBERSHIP DUES
total $464,161 · related or exempt $464,161
-
2c · Program service revenue: GOVCON PARTNERSHIP
total $107,999 · related or exempt $107,999
-
3 · Investment income
total $23,454 · excluded $23,454
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $2,500
-
5 · Compensation of officers, directors and key employees
total $644,725
-
7 · Other salaries and wages
total $587,553
-
8 · Pension plan contributions
total $8,260
-
9 · Other employee benefits
total $7,813
-
10 · Payroll taxes
total $59,541
-
11c · Fees: accounting
total $82,398
-
11d · Fees: lobbying
total $70,025
-
11g · Fees: other
total $98,493
-
13 · Office expenses
total $85,213
-
14 · Information technology
total $29,496
-
16 · Occupancy
total $219,116
-
17 · Travel
total $157
-
19 · Conferences, conventions and meetings
total $536,624
-
22 · Depreciation, depletion and amortization
total $23,886
-
23 · Insurance
total $8,657
-
24a · Other expenses: BAD DEBT EXPENSE
total $42,637
-
24b · Other expenses: DUES, SUBS. & REGS.
total $10,082
-
24c · Other expenses: EQUIPMENT
total $1,187
-
24d · Other expenses: TAXES
total $1,087
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $799,112 · end of year $16,476
-
2 · Savings and temporary cash investments
end of year $714,870
-
4 · Accounts receivable
beginning of year $330,325 · end of year $233,578
-
9 · Prepaid expenses and deferred charges
beginning of year $78,728 · end of year $72,556
-
10a · Land, buildings and equipment: cost or other basis
$375,646
-
10b · Land, buildings and equipment: accumulated depreciation
$346,175
-
10c · Land, buildings and equipment, net
beginning of year $53,355 · end of year $29,471
-
15 · Other assets
beginning of year $1,486,766 · end of year $1,290,092
-
17 · Accounts payable and accrued expenses
beginning of year $535,273 · end of year $602,995
-
19 · Deferred revenue
beginning of year $314,660 · end of year $293,825
-
25 · Other liabilities
beginning of year $1,494,977 · end of year $1,347,178
-
27 · Net assets without donor restrictions
beginning of year $403,376 · end of year $113,045
Mission and programs · 2023
Mission
THE PURPOSE OF THE CHAMBER IS TO DEVELOP, ENCOURAGE AND PROMOTE THE COMMERCIAL, PROFESSIONAL, FINANCIAL AND GENERAL BUSINESS INTERESTS OF MONTGOMERY COUNTY WHILE PROMOTING HUMAN AND COMMUNITY DEVELOPMENT.
Activities or mission (Part I)
SEE PART III, LINE 1.
-
THE CHAMBER SPONSORS SEVERAL EVENTS THROUGHOUT THE YEAR, INCLUDING THE BUSINESS AWARDS DINNER AND ANNUAL DINNER. THESE EVENTS RECOGNIZE BUSINESS LEADERS' CONTRIBUTIONS TO MONTGOMERY COUNTY AND THE SURROUNDING METRO.
-
MEMBERSHIP:A LIST OF CHAMBER MEMBERSHIP FOR USE BY OTHER MEMBERS OF THE CHAMBER.
-
LEGISLATIVE AFFAIRS AND ADVOCACY
-
COMMUNICATIONS AND MARKETING--PROVIDES EVENT SPONSORS WITH COLLATERAL USED FOR BROADCAST PRODUCTION.
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Georgette GodwinGEORGETTE GODWIN
PRESIDENT & CEO
- Total calculated
- $360,273
- From this org
- $325,897
- From related orgs
- $0
- Other
- $34,376
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $285,897
- Bonus
- $40,000
- Other
- $0
- Deferred
- $9,777
- Nontaxable benefits
- $24,599
- Filer's total
- $360,273
-
Erin AllenERIN ALLEN
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Annice CodyANNICE CODY
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
David HargadonDAVID HARGADON
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Lowell YoderLOWELL YODER
IMM. PAST CHAIR/CO-CHAIR TREAS.
- Total calculated
- $0
- Hours/week
- 1
-
James P MartinkoJAMES P MARTINKO
CHAIR AUDIT COMMITTEE
- Total calculated
- $0
- Hours/week
- 1
-
Andre JaundooANDRE JAUNDOO
CO-CHAIR AUDIT COMMITTEE
- Total calculated
- $0
- Hours/week
- 1
-
Gus B BaumanGUS B BAUMAN
CHAIR INFRASTRUCTURE & LAND USE
- Total calculated
- $0
- Hours/week
- 1
-
Bob ElliottBOB ELLIOTT
CO-CHAIR INFRASTRUCTURE & LAND USE
- Total calculated
- $0
- Hours/week
- 1
-
Leslie Ford WeberLESLIE FORD WEBER
LEGISLATIVE COMMITTEE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Antonio FrancoANTONIO FRANCO
GENERAL COUNSEL
- Total calculated
- $0
- Hours/week
- 1
-
Angela PrenticeANGELA PRENTICE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ann SullivanANN SULLIVAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Anne KhademianANNE KHADEMIAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Anthony StahlANTHONY STAHL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Apoorva GandhiAPOORVA GANDHI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brandon ToddBRANDON TODD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Christian MelgardCHRISTIAN MELGARD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David NguyenDAVID NGUYEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Edward CooperEDWARD COOPER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Emily BritonEMILY BRITON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Janet RosenbaumJANET ROSENBAUM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jermaine F WilliamsJERMAINE F WILLIAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jerry ShapiroJERRY SHAPIRO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Joan McGlocktonJOAN MCGLOCKTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jodi StaubJODI STAUB
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jonathon SantamontJONATHON SANTAMONT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kishia PowellKISHIA POWELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Linda HoukLINDA HOUK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mike SchwartzMIKE SCHWARTZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Noha Galal AbdeisalamNOHA GALAL ABDEISALAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Reggie WhiteREGGIE WHITE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Robert HeadROBERT HEAD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ronald T PiervicenziRONALD T PIERVICENZI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sean FlemingSEAN FLEMING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sophia TongSOPHIA TONG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Steven A RobinsSTEVEN A ROBINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tarandeep BawaTARANDEEP BAWA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tiffany LukisTIFFANY LUKIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Weymouth SpenceWEYMOUTH SPENCE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
William EllisWILLIAM ELLIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
William F Peel IIIWILLIAM F PEEL III
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
William N WiechmannWILLIAM N WIECHMANN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Cecilia VergaraCECILIA VERGARA
CFO
- Total calculated
- $165,851
- From this org
- $147,058
- From related orgs
- $0
- Other
- $18,793
- Hours/week
- 32
Schedule J breakdown matched by us
- Base
- $137,158
- Bonus
- $9,900
- Other
- $0
- Deferred
- $4,412
- Nontaxable benefits
- $14,381
- Filer's total
- $165,851
-
Barbara AsheBARBARA ASHE
EXECUTIVE VICE PRESIDENT
- Total calculated
- $80,192
- From this org
- $77,521
- From related orgs
- $0
- Other
- $2,671
- Hours/week
- 15
-
Brian LevineBRIAN LEVINE
VP OF LEGISLATIVE AFFAIRS
- Total calculated
- $150,299
- From this org
- $145,129
- From related orgs
- $0
- Other
- $5,170
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $141,129
- Bonus
- $4,000
- Other
- $0
- Deferred
- $4,354
- Nontaxable benefits
- $816
- Filer's total
- $150,299
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. 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
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 22 January 2025
- IRS schema version
- 2023v6.0
- Source object
- 202500229349300745
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