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Nonprofiteer
← GREATER TAMPA CHAMBER OF COMMERCE FOUNDATION INC

Form 990 for tax year 2024

Filed by GREATER TAMPA CHAMBER OF COMMERCE FOUNDATION INC.

Totals

Total revenue
$1,646,163
Total expenses
$1,383,487
Contributions and grants received
$957,073
Grants paid
$0
Program service revenue
$537,197
Investment income
$100,408
Other revenue
$51,485
Total assets, end of year
$1,977,142
Total liabilities, end of year
$565,442
Net assets or fund balances, end of year
$1,411,700
Program services expenses (Part IX)
$1,043,270
Management and general expenses
$340,217
Fundraising expenses
$0
Program service expenses (Part III)
$1,043,270

Program services were 75.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

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

    $957,073

  • 2a · Program service revenue: LEADERSHIP TAMPA REVEN

    total $326,315 · related or exempt $326,315

  • 2b · Program service revenue: EMERGING LEADERS REVEN

    total $93,576 · related or exempt $93,576

  • 2c · Program service revenue: OTHER PROGRAM REVENUE

    total $73,216 · related or exempt $73,216

  • 2d · Program service revenue: ADMIN FEE LTA

    total $42,000 · related or exempt $42,000

  • 2e · Program service revenue: COMPETITIVE EDGE REVEN

    total $2,090 · related or exempt $2,090

  • 3 · Investment income

    total $100,408 · excluded $100,408

  • 11a · Other revenue: OTHER INCOME

    total $51,485 · excluded $51,485

  • 11e · Other revenue, total

    $51,485

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $390,618 · program services $248,281 · management and general $142,337

  • 9 · Other employee benefits

    total $53,015 · program services $33,697 · management and general $19,318

  • 10 · Payroll taxes

    total $30,886 · program services $19,632 · management and general $11,254

  • 11g · Fees: other

    total $17,607 · program services $9,508 · management and general $8,099

  • 12 · Advertising and promotion

    total $583 · program services $58 · management and general $525

  • 13 · Office expenses

    total $39,269 · program services $21,205 · management and general $18,064

  • 16 · Occupancy

    total $68,400 · program services $36,936 · management and general $31,464

  • 17 · Travel

    total $19,594 · program services $12,454 · management and general $7,140

  • 22 · Depreciation, depletion and amortization

    total $21,785 · program services $11,764 · management and general $10,021

  • 23 · Insurance

    total $3,712 · program services $2,004 · management and general $1,708

  • 24a · Other expenses: EVENT AND PROGRAM EXPEN

    total $647,731 · program services $647,731

  • 24b · Other expenses: STRATEGIC INITIATIVE EX

    total $90,287 · management and general $90,287

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $133,611 · end of year $283,432

  • 2 · Savings and temporary cash investments

    beginning of year $1,180,146 · end of year $564,177

  • 4 · Accounts receivable

    end of year $3,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $9,019 · end of year $16,201

  • 11 · Investments: publicly traded securities

    beginning of year $1,030,931 · end of year $1,110,332

  • 17 · Accounts payable and accrued expenses

    beginning of year $523,883 · end of year $73,637

  • 19 · Deferred revenue

    beginning of year $691,897 · end of year $491,805

  • 27 · Net assets without donor restrictions

    beginning of year $1,137,927 · end of year $1,411,700

Mission and programs · 2024

Mission

TO SUPPORT THE GREATER TAMPA CHAMBER OF COMMERCE THROUGH LEADERSHIP AND EDUCATIONAL PROGRAMS.

  • SINCE 1971, LEADERSHIP TAMPA HAS BEEN INTRODUCING ITS CLASS MEMBERS TOMAJOR FACETS OF THE GREATER TAMPA COMMUNITY THROUGH AN INTENSIVENINE-MONTH COURSE. FOUNDED BY THE CHAMBER, LEADERSHIP TAMPA'S MEMBERSPARTICIPATE IN EDUCATIONAL SESSIONS, TOURS AND CANDID CONVERSATIONSWITH INFLUENTIAL MEMBERS OF THE COMMUNITY. THE PROGRAM IS DESIGNED TOCONNECT UP-AND-COMING LEADERS WITH THE NEEDS OF TAMPA BAY SO THAT UPONGRADUATION THEY ARE ENGAGED IN BUILDING A BETTER COMMUNITY.

    Expenses $144,556 · Revenue $326,440

  • EMERGING LEADERS OF TAMPA BAY IS A LEADERSHIP PROGRAM OF THE CHAMBERDESIGNED FOR EMERGING LEADERS AGES 21 TO 35. THE CONCEPT FOR EMERGINGLEADERS OF TAMPA BAY STEMMED FROM AN INITIATIVE OF THE CHAMBER AND THECOMMUNITY TO RECRUIT AND RETAIN TALENT IN THE GREATER TAMPA AREA. THEPROGRAM ENCOURAGES GROWTH OF YOUNG PROFESSIONALS THROUGH COMMUNITYSERVICE PROJECTS, PUBLIC POLICY ENGAGEMENT, PROFESSIONAL DEVELOPMENTAND SOCIAL INTERACTION.

    Expenses $44,867 · Revenue $93,576

  • THE MINORITY BUSINESS ACCELERATOR (MBA) IS A PROGRAM OF THE TAMPA BAY CHAMBER FOUNDATION DESIGNED TO AID BLACK AND HISPANIC BUSINESSES PREPARE FOR GROWTH. THE MBA HELPS THESE BUSINESSES IDENTIFY AND OVERCOME BARRIERS, WHICH OFTEN INCLUDE LIMITED ACCESS TO CAPITAL, KEY DECISION MAKERS, AND INFORMATION. BY PROVIDING PRACTICAL TOOLS FOR CHANGE, PROGRAM PARTICIPANTS ARE POSITIONED TO INCREASE CAPACITY, CREATE JOBS, AND BUILD WEALTH.OTHER ONGOING LEADERSHIP DEVELOPMENT AND EDUCATIONAL PROGRAMS THATPROVIDE OUR MEMBERS WITH UNIQUE OPPORTUNITIES FOR LEARNING AND GROWTH.

    Expenses $790,493 · Revenue $1,122

  • THE COLLEGIATE LEADERSHIP PROGRAM RECOGNIZES STUDENTS WHO HAVE DEMONSTRATED LEADERSHIP WITHIN THEIR CAMPUS COMMUNITY, AS WELL AS ACADEMIC SUCCESS. AS THESE STUDENTS NEAR DEGREE COMPLETION, COLLEGIATE LEADERSHIP HELPS INTRODUCE THEM TO THE MANY WAYS LEADERSHIP TAKES SHAPE OUTSIDE THE ACADEMIC WORLD. THIS PROGRAM WILL TEACH THEM AS MUCH ABOUT THE COMMUNITY AS IT WILL ABOUT THEMSELVES AND WILL EMPOWER THEM TO CONTINUE THEIR LEADERSHIP JOURNEYS.

    Expenses $63,354 · Revenue $116,059

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Brian Adcock

    CHAIR

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Edwin Narain

    CHAIR-ELECT

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Robert Ledford

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Robert Rohrlack

    PRESIDENT/CEO

    Total calculated
    $438,883
    From this org
    $0
    From related orgs
    $404,809
    Other
    $34,074
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $347,809 related
    Bonus
    $0 + $45,000 related
    Other
    $0 + $12,000 related
    Deferred
    $0 + $9,937 related
    Nontaxable benefits
    $0 + $24,137 related
    Filer's total
    $0 + $438,883 related
  • Lakisha Kinsey-Sallis

    LEGAL COUNSEL

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Avril Stinson

    VP OF ECONOMIC INCLUSION

    Total calculated
    $162,775
    From this org
    $150,000
    From related orgs
    $0
    Other
    $12,775
    Hours/week
    40 + 1 related

    Schedule J breakdown matched by us

    Base
    $135,000
    Bonus
    $15,000
    Other
    $0
    Deferred
    $9,775
    Nontaxable benefits
    $3,000
    Filer's total
    $162,775
  • Katie Lopez

    VP OF ADVOCACY

    Total calculated
    $152,021
    From this org
    $0
    From related orgs
    $150,000
    Other
    $2,021
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $135,000 related
    Bonus
    $0 + $15,000 related
    Other
    $0
    Deferred
    $0 + $521 related
    Nontaxable benefits
    $0 + $1,500 related
    Filer's total
    $0 + $152,021 related
  • Michelle Ciudad Real

    VP OF MEMBER ENGAGEMENT

    Total calculated
    $142,494
    From this org
    $0
    From related orgs
    $124,151
    Other
    $18,343
    Hours/week
    1 + 40 related
  • Roseanna Versaggi

    SENIOR DIRECTOR OF MEMBERSHIP

    Total calculated
    $127,403
    From this org
    $0
    From related orgs
    $110,232
    Other
    $17,171
    Hours/week
    1 + 40 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, 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 · Form 990 of other organizations
  • 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
  • 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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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.

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.

Provenance

Return type
form_990
Tax year
2024
Filed
4 August 2025
IRS schema version
2024v5.2
Source object
202542189349300204

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