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Nonprofiteer
← CHAMBER OF COMMERCE OF GREATER KANSAS CITY FOUNDATION

Form 990 for tax year 2024

Filed by CHAMBER OF COMMERCE OF GREATER KANSAS CITY FOUNDATION.

Totals

Total revenue
$1,774,510
Total expenses
$1,738,792
Contributions and grants received
$1,738,942
Grants paid
$0
Program service revenue
$0
Investment income
$35,568
Other revenue
$0
Total assets, end of year
$985,327
Total liabilities, end of year
$64,084
Net assets or fund balances, end of year
$921,243
Program services expenses (Part IX)
$1,443,228
Management and general expenses
$107,532
Fundraising expenses
$188,032
Program service expenses (Part III)
$1,443,228

Program services were 83.0% 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

    $1,738,942

  • 3 · Investment income

    total $35,568 · excluded $35,568

Functional expenses

Part IX, the statement of functional expenses.

  • 11g · Fees: other

    total $22,094 · program services $18,338 · management and general $1,326 · fundraising $2,430

  • 14 · Information technology

    total $40,000 · program services $33,200 · management and general $2,400 · fundraising $4,400

  • 24a · Other expenses: PROGRAMS EXPENSE

    total $822,991 · program services $688,752 · management and general $47,379 · fundraising $86,860

  • 24b · Other expenses: LABOR

    total $770,753 · program services $639,725 · management and general $46,245 · fundraising $84,783

  • 24c · Other expenses: OCCUPANCY & ADMIN EXPENSE

    total $82,954 · program services $63,213 · management and general $10,182 · fundraising $9,559

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $161,973 · end of year $39,310

  • 2 · Savings and temporary cash investments

    beginning of year $750,802 · end of year $933,446

  • 9 · Prepaid expenses and deferred charges

    beginning of year $53,050

  • 15 · Other assets

    end of year $12,571

  • 17 · Accounts payable and accrued expenses

    beginning of year $12,675

  • 19 · Deferred revenue

    beginning of year $67,625

  • 25 · Other liabilities

    end of year $64,084

  • 27 · Net assets without donor restrictions

    beginning of year $774,681 · end of year $645,590

  • 28 · Net assets with donor restrictions

    beginning of year $110,844 · end of year $275,653

Mission and programs · 2024

Mission

THE CHAMBER OF COMMERCE OF GREATER KANSAS CITY FOUNDATION'S MISSION IS TO INVEST IN SOLUTIONS THAT EMPOWER CURRENT AND FUTURE GENERATIONS IN THE KANSAS CITY COMMUNITY. THE FOUNDATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR EXEMPT PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, INCLUDING TO PROVIDE GIFTS, GRANTS, OR CONBTRIBUTIONS TO ORGANIZATIONS QUALIFYING UNDER SECTION 501 (C)(3) OR OTHER QUALIFYING ORGANIZATIONS.

  • THE FOUNDATION SUPPORTS THE CHAMBER OF COMMERCE OF GREATER KANSAS CITY'S INITIATIVES. THE LEADERSHIP PROGRAMS INCLUDE CENTURIONS, A TWO-YEAR LEADERSHIP DEVELOPMENT PROGRAM DESIGNED TO PREPARE KANSAS CITY'S EMERGING LEADERS FOR THE FUTURE; GENKC, A PROGRAM DESIGNED TO SERVE EARLY CAREER PROFESSIONALS BY PROVIDING A VARIETY OF PROFESSIONAL DEVELOPMENT, COMMUNITY INVOLVEMENT, AND NETWORKING OPPORTUNITIES FACILITATING THE DEVELOPMENT OF A VARIETY OF SKILL SETS, EQUIPPING THEM TO BECOME THE FUTURE LEADERS OF THE KANSAS CITY REGION; AND ATHENA AWARDS, HONORING A PERSON WHO HAS ACHIEVED THE HIGHEST LEVEL OF PROFESSIONAL EXCELLENCE, DEVOTED TIME AND ENERGY TO THE COMMUNITY, AND, ESPECIALLY, OPENED THE DOORS OF LEADERSHIP OPPORTUNITY TO WOMEN. THE COMMUNITY IMPACT PROGRAMS INCLUDE GROWING OUR WELCOMING KC INITIATIVE TO ENSURE GREATER KANSAS CITY IS WELCOMING TO ALL THROUGH JOB FAIRS, NATURALIZATION CEREMONIES, AND COMMUNITY COALITIONS AND PARTNERSHIPS. OUR ACCESS TO CAPITAL EFFORTS FOSTER LENDER AND MINORITY-OWNED BUSINESS CONNECTIONS, SUPPORTING SMALL BUSINESSES THROUGH RECOGNITION AND RELATIONSHIPS WITH SUPPORT ORGANIZATION ECOSYSTEMS. THE KC CHAMBER'S LEGACY FUND SERVES AS THE INCUBATOR FOR MANY PROGRAMS AND INITIATIVES RANGING FROM EARLY CHILDHOOD EDUCATION, TRANSPORTATION, WORKFORCE DEVELOPMENT TO REDUCTION CRIME AND VIOLENCE. THIS PROGRAM ALLOWS US TO RESPOND TO THE HIGHEST COMMUNITY NEEDS IN THE MOST TIMELY, THOUGHTFUL, AND IMPACTFUL WAY.

    Expenses $1,443,228 · Revenue $1,738,942

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

Listed in Part VII

  • Joe Reardon

    SECRETARY/TR

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Jeff Simon

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Charlie Shields

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Debby Ballard

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • John Bluford

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kimberly Beatty

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Lavon Colhour

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Elizabeth Danforth

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Drew Eanes

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Theresa Garza

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Gloria Jackson-Leathers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Macaela Stephenson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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.

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
13 February 2026
IRS schema version
2024v5.0
Source object
202620579349300527

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