Skip to content
Nonprofiteer
← BOULDER CHAMBER FOUNDATION

Form 990 for tax year 2022

Filed by BOULDER CHAMBER FOUNDATION.

Totals

Total revenue
$362,244
Total expenses
$484,765
Contributions and grants received
$45,561
Grants paid
$0
Program service revenue
$316,042
Investment income
$641
Other revenue
$0
Total assets, end of year
$538,832
Total liabilities, end of year
$388,797
Net assets or fund balances, end of year
$150,035
Program services expenses (Part IX)
$415,809
Management and general expenses
$58,210
Fundraising expenses
$10,746
Program service expenses (Part III)
$415,809

Program services were 85.8% 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.

  • 1e · Government grants (contributions)

    $19,807

  • 1f · All other contributions, gifts and grants

    $25,754

  • 2a · Program service revenue: CONTRACT SERVICES

    total $316,042 · related or exempt $316,042

  • 3 · Investment income

    total $641 · excluded $641

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $192,591 · program services $165,345 · management and general $22,061 · fundraising $5,185

  • 8 · Pension plan contributions

    total $10,283 · program services $8,740 · management and general $1,337 · fundraising $206

  • 9 · Other employee benefits

    total $26,869 · program services $22,839 · management and general $3,493 · fundraising $537

  • 10 · Payroll taxes

    total $21,731 · program services $18,471 · management and general $2,825 · fundraising $435

  • 11c · Fees: accounting

    total $83 · program services $70 · management and general $11 · fundraising $2

  • 11g · Fees: other

    total $216,200 · program services $183,770 · management and general $28,107 · fundraising $4,323

  • 13 · Office expenses

    total $552 · program services $468 · management and general $73 · fundraising $11

  • 19 · Conferences, conventions and meetings

    total $5 · program services $4 · management and general $1

  • 24a · Other expenses: EVENT EXPENSES

    total $14,125 · program services $14,125

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $2,326 · program services $1,977 · management and general $302 · fundraising $47

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $255,994 · end of year $374,749

  • 2 · Savings and temporary cash investments

    beginning of year $10,028 · end of year $10,033

  • 4 · Accounts receivable

    beginning of year $118,913 · end of year $154,050

  • 17 · Accounts payable and accrued expenses

    end of year $735

  • 25 · Other liabilities

    beginning of year $112,379 · end of year $388,062

  • 27 · Net assets without donor restrictions

    beginning of year $215,656 · end of year $150,035

  • 28 · Net assets with donor restrictions

    beginning of year $56,900 · end of year $0

Mission and programs · 2022

Mission

THE BOULDER CHAMBER FOUNDATION (BCF) LEADS THE CHARITABLE AND EDUCATION OBJECTIVES OF THE BOULDER CHAMBER OF COMMERCE (BCC) AND PROMOTES ECONOMIC DEVELOPMENT AND QUALITY OF LIFE FOR THE GREATER BOULDER REGION. THE FOUNDATION FURTHERS BCC'S MISSION BY CONDUCTING RESEARCH, FORMING PARTNERSHIPS, PROVIDING SCHOLARSHIPS AND HOSTING EVENTS FOCUSED ON EDUCATION, WORKFORCE DEVELOPMENT, HOUSING, TRANSPORTATION AND COMMUNITY DEVELOPMENT.

Activities or mission (Part I)

LEAD THE CHARITABLE AND EDUCATION OBJECTIVES OF THE BOULDER CHAMBER OF COMMERCE.

  • SUPPORT OF BOULDER AREA SMALL BUSINESSES.

    Expenses $14,125

  • EDUCATION AND JOB TRAINING, DIVERSIFIED AND AFFORDABLE HOUSING, AND TRANSPORTATION OPTIONS.

    Expenses $401,684 · Revenue $316,042

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • John Tayer

    CEO

    Total calculated
    $216,406
    From this org
    $0
    From related orgs
    $199,123
    Other
    $17,283
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $161,610 related
    Bonus
    $0 + $37,513 related
    Other
    $0
    Deferred
    $0 + $7,349 related
    Nontaxable benefits
    $0 + $9,934 related
    Filer's total
    $0 + $216,406 related

  • Karen Kruse

    BOARD MEMBER (THRU 07/22)

    Total calculated
    $89,854
    From this org
    $0
    From related orgs
    $79,587
    Other
    $10,267
    Hours/week
    1 + 50 related

  • Jacqueline McCauley

    BOARD MEMBER (AS OF 07/22)

    Total calculated
    $59,350
    From this org
    $0
    From related orgs
    $56,603
    Other
    $2,747
    Hours/week
    1 + 40 related

  • Kate Brown

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Dennis Paul

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Bing Chou

    IMMEDIATE PAST BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Bonifacio Sandoval

    BOARD MEMBER (THRU 12/22)

    Total calculated
    $0
    Hours/week
    1 + 2 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

The filer's explanations (Part III)

PART I, LINE 3
COMPENSATION IS PAID BY THE BOULDER CHAMBER OF COMMERCE. THE EXECUTIVE COMMITTEE DEVELOPES THE COMPENSATION PACKAGE FOR THE PRESIDENT/CEO. THE COMMITTEE REVIEWS SEVERAL SOURCES OF DATA TO DETERMINE THE COMPENSATION WHICH INCLUDES GUIDESTAR AND SURVEYS. THE COMMITTEE ALSO USES CANPO AND THE EMPLOYER COUNCILS BENCHMARK SURVEY. THE DOCUMENTATION OF DELIBERATION AND DECISION CAN BE FOUND IN THE BOARD MINUTES. THIS PROCESS LAST TOOK PLACE IN 2022.

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
2022
Filed
14 November 2023
IRS schema version
2022v5.0
Source object
202313199349327046

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.