Skip to content
Nonprofiteer
← BAY AREA CHAMBER FOUNDATION INC

Form 990 for tax year 2023

Filed by BAY AREA CHAMBER FOUNDATION INC.

Totals

Total revenue
$320,652
Total expenses
$226,409
Contributions and grants received
$221,747
Grants paid
$0
Program service revenue
$98,905
Investment income
$0
Other revenue
$0
Total assets, end of year
$152,671
Total liabilities, end of year
$31,924
Net assets or fund balances, end of year
$120,747
Program services expenses (Part IX)
$221,434
Management and general expenses
$4,975
Fundraising expenses
$0
Program service expenses (Part III)
$221,434

Program services were 97.8% 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

    $221,747

  • 2a · Program service revenue: THINK OUTSIDE THE BURG

    total $98,905 · related or exempt $98,905

Functional expenses

Part IX, the statement of functional expenses.

  • 11g · Fees: other

    total $49,263 · program services $48,263 · management and general $1,000

  • 13 · Office expenses

    total $652 · program services $426 · management and general $226

  • 19 · Conferences, conventions and meetings

    total $2,327 · program services $2,327

  • 21 · Payments to affiliates

    total $74,454 · program services $74,454

  • 24a · Other expenses: EVENT EXPENSE

    total $66,977 · program services $66,977

  • 24b · Other expenses: LSP PROJECT

    total $28,987 · program services $28,987

  • 24c · Other expenses: BANK FEES

    total $3,482 · program services $0 · management and general $3,482

  • 24d · Other expenses: LICENSES, REGISTRATIONS

    total $267 · program services $0 · management and general $267

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $168,762 · end of year $99,199

  • 4 · Accounts receivable

    beginning of year $10,185 · end of year $3,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $17,690 · end of year $0

  • 15 · Other assets

    beginning of year $3,413 · end of year $50,472

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,400 · end of year $16,924

  • 19 · Deferred revenue

    beginning of year $172,146 · end of year $15,000

  • 27 · Net assets without donor restrictions

    beginning of year $26,504 · end of year $120,747

Mission and programs · 2023

Mission

HELPING LEADERS GROW AND BUSINESSES START BY ALLOWING THE CHAMBER TO REACH INTO THE COMMUNITY FIRST-HAND AND PROVIDE RESOURCES NECESSARY TO CONDUCT RESEARCH, SCHOLARSHIPS AND HOST EDUCATIONAL EVENTS FOCUSED ON THE AREAS OF EQUITY, ENTREPRENEURIAL AND WORKFORCE DEVELOPMENT, HOUSING, TRANSPORTATION AND COMMUNITY NEEDS.

Activities or mission (Part I)

TO CONDUCT AND SUPPORT THE ST. PETERSBURG AREA CHAMBER OF COMMERCE'SEDUCATIONAL AND CHARITABLE PROGRAMS FOCUSING ON BUSINESS AND COMMUNITYDEVELOPMENT.

  • LEADERSHIP ST. PETE CLASS COMMUNITY PROJECT IS A CIVIC-ENGAGEMENT, COMMUNITY SERVICE PROJECT THAT IS COMPLETED DURING THE TERM OF THE PROGRAM. THE 2023 COMMUNITY PROJECT CONVERTED FORMER PRESCHOOL CLASSROOMS INTO COLLABORATIVE SPACES FOR NONPROFIT LEADERS AND CHANGE-MAKERS. THE ROOMS WERE TRANSFORMED INTO A FLEXIBLE AND TECHNOLOGY-SUPPORTED SPACES THAT NONPROFITS CAN USE TO HOST MEETINGS, WORKSHOPS, AND EVENTS.

    Expenses $30,661

  • LEADERSHIP ALLIANCE BRINGS TOGETHER COMMUNITY LEADERS TO ENSURE ALIGNMENT WITH THE CITY OF ST. PETE'S PILLARS OF PROGRESS. THIS INITIATIVE SUCCEEDING THE GROW SMARTER INITIATIVE IMPLEMENTED IN 2015 THAT PARTNERSHIP BETWEEN THE CHAMBER AND LOCAL LEADERS LED TO THE ST. PETERSBURG ECONOMIC DEVELOPMENT COUNCIL'S (EDC) CREATION, THE INNOVATION DISTRICT'S FORMATION AND THE ST. PETE GREENHOUSE'S DEVELOPMENT.

    Expenses $54,251

  • THINKING OUTSIDE THE BURG TRIP BROUGHT BUSINESSES, GOVERNMENT, AND CIVIC LEADERS TOGETHER TO LEARN FROM ANOTHER MARKET THAT IS LEADING THE WORLD IN INCLUSIVE ECONOMIC GROWTH BY WELCOMING ALL, EMPOWERING TALENT AND IGNITING INNOVATION. ATTENDEES LEARNED MORE ABOUT OUR CURRENT LOCAL POLICY ISSUES AND BENCHMARKED THE COMMUNITY AUSTIN, TX THAT HAS SEEN RAPID GROWTH AND DEVELOPMENT AGAINST OURS.

    Expenses $108,537 · Revenue $98,905

  • OTHER PROGRAM SERVICES INCLUDED SUPPORT TOWARD DEI LUNCH & LEARN, SUPPORT TOWARD ONLINE PLATFORM ONE PINELLAS - A COUNTY ONLINE PLATFORM FOR ENTREPRENEURS TO FIND THEIR NEXT STEPS TO GROW AND SOUTHWEST FLORIDA HURRICANE RESILIENCY TOUR "WHERE WE HEARD FROM CHAMBER REPRESENTATIVES, ELECTED OFFICIALS, ECONOMIC DEVELOPMENT AND CITY ZONING PROFESSIONALS AND BROUGHT BACK "LESSONS LEARNED" FOR OUR COMMUNITY.

    Expenses $27,985

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Dr Sandra Braham

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • Jason Jenson

    CHAIR

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • Jason Spears

    CHAIR-ELECT

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Brooks Wallington

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Ryan Quinty

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Todd Gehrke

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Owen Lafave

    VICE CHAIR - SECT/TREASURE

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Roy Binger

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Kelly Kirschner

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Chris Steinocher

    PRESIDENT/CEO

    Total calculated
    $259,171
    From this org
    $0
    From related orgs
    $220,826
    Other
    $38,345
    Hours/week
    1 + 44 related

    Schedule J breakdown matched by us

    Base
    $0 + $183,213 related
    Bonus
    $0 + $31,000 related
    Other
    $0 + $6,613 related
    Deferred
    $0 + $8,742 related
    Nontaxable benefits
    $0 + $29,603 related
    Filer's total
    $0 + $259,171 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

None.

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
2023
Filed
11 September 2024
IRS schema version
2023v5.1
Source object
202412559349301801

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.