Form 990 for tax year 2023
Filed by GREATER SARASOTA CHAMBER OF COMMERCE INC.
Totals
- Total revenue
- $1,733,650
- Total expenses
- $1,670,143
- Contributions and grants received
- $266,250
- Grants paid
- $0
- Program service revenue
- $1,351,323
- Investment income
- $43,644
- Other revenue
- $72,433
- Total assets, end of year
- $1,797,334
- Total liabilities, end of year
- $958,960
- Net assets or fund balances, end of year
- $838,374
- 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.
-
1c · Fundraising events
$241,682
-
1d · Related organizations
$24,568
-
2a · Program service revenue: MEMBERSHIP DUES
total $977,137 · related or exempt $977,137
-
2b · Program service revenue: CONFERENCES AND MEETIN
total $276,196 · related or exempt $276,196
-
2c · Program service revenue: ADMINISTRATIVE FEE
total $49,000 · related or exempt $49,000
-
2d · Program service revenue: YPG
total $25,570 · related or exempt $25,570
-
2e · Program service revenue: SWIPE AND SAVE PROGRAM
total $23,420 · related or exempt $23,420
-
3 · Investment income
total $43,644 · excluded $43,644
-
6a · Gross rents
real property $49,782
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $49,782
-
6d · Net rental income or loss
total $49,782 · excluded $49,782
-
8a · Fundraising events: gross income
$214,792
-
8a · Fundraising events: contributions included on line 1c
$241,682
-
8b · Fundraising events: direct expenses
$248,808
-
8c · Net income from fundraising events
total -$34,016 · excluded -$34,016
-
11a · Other revenue: ADVERTISING REVENUE
total $38,242 · unrelated business $38,242
-
11b · Other revenue: MISCELLANEOUS
total $18,425 · related or exempt $18,425
-
11e · Other revenue, total
$56,667
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $283,606
-
7 · Other salaries and wages
total $614,516
-
8 · Pension plan contributions
total $8,862
-
9 · Other employee benefits
total $57,306
-
10 · Payroll taxes
total $66,289
-
11c · Fees: accounting
total $25,370
-
11g · Fees: other
total $14,145
-
12 · Advertising and promotion
total $18,724
-
13 · Office expenses
total $13,680
-
14 · Information technology
total $13,379
-
16 · Occupancy
total $55,167
-
19 · Conferences, conventions and meetings
total $23,452
-
20 · Interest
total $35,982
-
22 · Depreciation, depletion and amortization
total $40,350
-
23 · Insurance
total $29,316
-
24a · Other expenses: PUBLICATIONS EXPENSE
total $17,490
-
24b · Other expenses: GENERAL EVENTS
total $71,520
-
24c · Other expenses: LEADERSHIP SARASOTA
total $67,839
-
24d · Other expenses: STAFF DEVELOPMENT AND E
total $48,902
-
24e · All other expenses
total $164,248
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $247,926 · end of year $244,588
-
2 · Savings and temporary cash investments
beginning of year $463,412 · end of year $534,816
-
9 · Prepaid expenses and deferred charges
beginning of year $63,461 · end of year $83,980
-
10a · Land, buildings and equipment: cost or other basis
$1,865,421
-
10b · Land, buildings and equipment: accumulated depreciation
$967,049
-
10c · Land, buildings and equipment, net
beginning of year $931,648 · end of year $898,372
-
12 · Investments: other securities
beginning of year $500,000
-
15 · Other assets
beginning of year $41,752 · end of year $35,578
-
17 · Accounts payable and accrued expenses
beginning of year $181,916 · end of year $191,981
-
19 · Deferred revenue
beginning of year $617,988 · end of year $736,313
-
23 · Secured mortgages and notes payable
beginning of year $632,233 · end of year $0
-
25 · Other liabilities
beginning of year $41,195 · end of year $30,666
-
27 · Net assets without donor restrictions
beginning of year $774,867 · end of year $838,374
Mission and programs · 2023
Mission
TO PROVIDE THE LEADERSHIP TO PROMOTE A DIVERSE, BALANCED AND ETHICAL BUSINESS CLIMATE THAT ENHANCES THE WELL BEING OF ALL IN THE GREATER SARASOTA COUNTY COMMUNITY.
Activities or mission (Part I)
THE GREATER SARASOTA CHAMBER OF COMMERCE WORKS TO CULTIVATE SARASOTA'S PROSPERITY AND QUALITY OF LIFE THROUGH OUR MEMBER BUSINESSES.
-
GOVERNMENT ISSUES/WORKFORCE - VARIOUS TASK FORCES AND COMMITTEES STRIVE TO IMPROVE THE GENERAL BUSINESS CLIMATE BY COMMUNICATING NEEDS OF THE BUSINESS SECTOR. PROVIDNG WORKFORCE SOLUTIONS FOR COMMUNITY COMPANIES.
-
MEMBERSHIP SERVICES - ENSURES A CONTINUED STRONG MEMBERSHIP BASE TO ENABLE THE CHAMBER TO PURSUE ITS BUSINESS PLAN BY CONDUCTING ACTIVITIES AND BY PROVIDING BUSINESS INFORMATION TO MEMBERS, THUS BUILDING A STRONG DIVERSIFIED LOCAL ECONOMY.
-
LEADERSHIP SARASOTA COUNTY - OFFERS AN OPPORTUNITY FOR THOSE ENTHUSIASTIC ABOUT AND INTERESTED IN LEADERSHIP AND WELFARE OF OUR COMMUNITY TO GO BEHIND THE SCENES AND SEE "HOW THINGS WORK". THE CLASS ADOPTS A CLASS PROJECT LEAVING A LASTING IMPACT IN THE COMMUNITY.
-
YPG YOUNG PROFESSIONALS GROUP THAT PROVIDES EDUCATIONAL, LEADERSHIP, RESOURCES AND NETWORKING TO THE UNDER 40 GROUP OF WORKING PROFESSIONALS IN THE REGION.
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Dan SidlerDAN SIDLER
VICE PRESIDENT
- Total calculated
- $116,805
- From this org
- $111,508
- From related orgs
- $0
- Other
- $5,297
- Hours/week
- 40
-
Emily WalshEMILY WALSH
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Heather KastenHEATHER KASTEN
PRESIDENT/CEO
- Total calculated
- $250,413
- From this org
- $221,352
- From related orgs
- $0
- Other
- $29,061
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $186,352
- Bonus
- $29,000
- Other
- $6,000
- Deferred
- $17,708
- Nontaxable benefits
- $11,353
- Filer's total
- $250,413
-
John StumpJOHN STUMP
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Dennis MurphyDENNIS MURPHY
IMMEDIATE PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Andy GuzANDY GUZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Brian HershBRIAN HERSH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Chris VoelkerCHRIS VOELKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dan DeleoDAN DELEO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Darrin RohrDARRIN ROHR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
David PolimeniDAVID POLIMENI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Deanna KingDEANNA KING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Don VichitvongsaDON VICHITVONGSA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Carol F ProbstfeldDR CAROL F PROBSTFELD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Karen HolbrookDR KAREN HOLBROOK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Larry R ThompsonDR LARRY R THOMPSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Michael CrosbyDR MICHAEL CROSBY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Eric TroyerERIC TROYER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Erin McLeodERIN MCLEOD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ernest F Dubose IIERNEST F DUBOSE II
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ian BlackIAN BLACK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jason ToaleJASON TOALE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jeff BenninghoffJEFF BENNINGHOFF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer GrondahlJENNIFER GRONDAHL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer RominieckiJENNIFER ROMINIECKI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Joe HembreeJOE HEMBREE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John LacivitaJOHN LACIVITA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kari QueenKARI QUEEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kevin GillenKEVIN GILLEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Laura ColeLAURA COLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lexie GuanchezLEXIE GUANCHEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lorrie LiangLORRIE LIANG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Matt BrockwayMATT BROCKWAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mike QuillenMIKE QUILLEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Philip LanhamPHILIP LANHAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Stephenie WhitfieldSTEPHENIE WHITFIELD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Taylor AultmanTAYLOR AULTMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Teri HansenTERI HANSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Will McCombWILL MCCOMB
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Zack HolzworthZACK HOLZWORTH
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. 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
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Written employment contract
- 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.
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.
-
GREATER SARASOTA CHAMBER OF COMMERCE FOUNDATION INC
501(C)(3) · TO CONDUCT EDUCATIONAL, TRAINING, AND LEADERSHIP DEVELOPMENT IN SARASOTA · FL
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 5 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202511289349301956
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