Form 990 for tax year 2023
Filed by STAND TOGETHER CHAMBER OF COMMERCE INC.
Totals
- Total revenue
- $257,716,773
- Total expenses
- $363,856,874
- Contributions and grants received
- $30,095,650
- Grants paid
- $160,633,500
- Program service revenue
- $207,050,000
- Investment income
- $3,687,940
- Other revenue
- $16,883,183
- Total assets, end of year
- $208,138,797
- Total liabilities, end of year
- $90,817,602
- Net assets or fund balances, end of year
- $117,321,195
- Program services expenses (Part IX)
- not reported
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- $0
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.
-
1d · Related organizations
$30,000,000
-
1f · All other contributions, gifts and grants
$95,650
-
2a · Program service revenue: MEMBERSHIP DUES
total $207,050,000 · related or exempt $207,050,000
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $3,768,550 · excluded $3,768,550
-
6c · Rental income or loss
real property $0 · personal property $0
-
7a · Gross sales of assets other than inventory
other assets $0
-
7b · Less cost or other basis and sales expenses
other assets $80,610
-
7c · Gain or loss
securities $0 · other assets -$80,610
-
7d · Net gain or loss
total -$80,610 · excluded -$80,610
-
11a · Other revenue: SERVICES & BENEFITS
total $16,637,895 · excluded $16,637,895
-
11b · Other revenue: OTHER INCOME
total $127,927 · excluded $127,927
-
11c · Other revenue: PARTNERSHIP INCOME
total $117,361 · unrelated business $117,361
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$16,883,183
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $160,633,500
-
5 · Compensation of officers, directors and key employees
total $4,520,661
-
7 · Other salaries and wages
total $66,769,058
-
8 · Pension plan contributions
total $2,326,562
-
9 · Other employee benefits
total $10,631,918
-
10 · Payroll taxes
total $4,569,676
-
11b · Fees: legal
total $451,655
-
11c · Fees: accounting
total $97,604
-
11g · Fees: other
total $59,170,687
-
12 · Advertising and promotion
total $12,311
-
13 · Office expenses
total $5,360,982
-
14 · Information technology
total $1,463,056
-
16 · Occupancy
total $16,618,261
-
17 · Travel
total $5,245,311
-
19 · Conferences, conventions and meetings
total $9,434,433
-
20 · Interest
total $123,619
-
22 · Depreciation, depletion and amortization
total $242,324
-
23 · Insurance
total $598,138
-
24a · Other expenses: LICENSES & SUBSCRIPTIONS
total $7,101,369
-
24b · Other expenses: TAXES
total $6,315,021
-
24c · Other expenses: SPONSORSHIPS
total $1,596,478
-
24d · Other expenses: DIGITAL LICENSES & SUBSCRIPTIONS
total $305,734
-
24e · All other expenses
total $268,516
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,553,533 · end of year $49,786
-
2 · Savings and temporary cash investments
beginning of year $22,072,504 · end of year $67,654,895
-
4 · Accounts receivable
beginning of year $13,575,291 · end of year $9,694,276
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $5,272,623 · end of year $9,531,382
-
10a · Land, buildings and equipment: cost or other basis
$24,652
-
10b · Land, buildings and equipment: accumulated depreciation
$293
-
10c · Land, buildings and equipment, net
beginning of year $181,953 · end of year $24,359
-
11 · Investments: publicly traded securities
beginning of year $34,390,409 · end of year $13,157,016
-
12 · Investments: other securities
beginning of year $200,700,963 · end of year $59,090,423
-
13 · Investments: program-related
beginning of year $0
-
14 · Intangible assets
beginning of year $141,008 · end of year $0
-
15 · Other assets
beginning of year $14,711,702 · end of year $48,936,660
-
17 · Accounts payable and accrued expenses
beginning of year $28,648,488 · end of year $46,500,674
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $20,100,000 · end of year $0
-
25 · Other liabilities
beginning of year $19,378,351 · end of year $44,316,928
-
27 · Net assets without donor restrictions
beginning of year $224,473,147 · end of year $117,321,195
Mission and programs · 2023
Mission
STAND TOGETHER ADVANCES ITS MEMBERS' COMMON INTERESTS AND THE INTERESTS OF ALL PEOPLE BY PROMOTING A SOCIETY OF MUTUAL BENEFIT, WHERE PEOPLE SUCCEED BY HELPING OTHERS IMPROVE THEIR LIVES. PRINCIPLED BUSINESSES CAN ONLY SUCCEED IN AN ENVIRONMENT WHERE ALL AMERICANS HAVE THE OPPORTUNITY TO REALIZE THEIR POTENTIAL. STAND TOGETHER PARTNERS WITH ORGANIZATIONS ACROSS THE KEY INSTITUTIONS OF SOCIETY - EDUCATION, COMMUNITIES, BUSINESS, AND GOVERNMENT - TO TACKLE THE ISSUES THAT MATTER MOST. THROUGH EDUCATIONAL AND MARKETING EFFORTS, AND SUPPORT FOR PARTNER ORGANIZATIONS, AMONG OTHER ACTIVITIES, STAND TOGETHER OFFERS A COMPELLING ALTERNATIVE TO AMERICANS WHO ARE SEARCHING FOR A BETTER WAY.
Activities or mission (Part I)
STAND TOGETHER ADVANCES ITS MEMBERS' COMMON INTERESTS AND THE INTERESTS OF ALL PEOPLE BY PROMOTING A SOCIETY OF MUTUAL BENEFIT, WHERE PEOPLE SUCCEED BY HELPING OTHERS IMPROVE THEIR LIVES. PRINCIPLED BUSINESSES CAN ONLY SUCCEED IN AN ENVIRONMENT WHERE ALL AMERICANS HAVE THE OPPORTUNITY TO REALIZE THEIR POTENTIAL.
-
SUPPORTED BROAD-BASED COALITIONS TO ADVANCE BOTTOM-UP SOLUTIONS ON THE ISSUES THAT MATTER MOST.
-
EDUCATED THE PUBLIC AND CONDUCTED PUBLIC COMMUNICATIONS TO INSPIRE OTHERS TO TAKE ACTION ON CRITICAL ISSUES.
-
SCALED THE IMPACT OF STRATEGIC PARTNERS THROUGH GRANTS, INFRASTRUCTURE SERVICES, AND MANAGEMENT COACHING.
As filed on the 2023 return.
Listed in Part VII
-
Brian HooksBRIAN HOOKS
CHAIRMAN & CEO
- Total calculated
- $2,197,493
- From this org
- $1,224,502
- From related orgs
- $0
- Other
- $972,991
- Hours/week
- 51 + 1 related
Schedule J breakdown matched by us
- Base
- $239,639
- Bonus
- $30,863
- Other
- $954,000
- Deferred
- $944,800
- Nontaxable benefits
- $28,191
- Filer's total
- $2,197,493
-
Jeffrey OgarJEFFREY OGAR
SECRETARY, DIRECTOR (OUTGOING)
- Total calculated
- $655,578
- From this org
- $608,974
- From related orgs
- $0
- Other
- $46,604
- Hours/week
- 51 + 3 related
Schedule J breakdown matched by us
- Base
- $233,974
- Bonus
- $375,000
- Other
- $0
- Deferred
- $19,800
- Nontaxable benefits
- $26,804
- Filer's total
- $655,578
-
Amy PelletierAMY PELLETIER
DIRECTOR, COO
- Total calculated
- $877,359
- From this org
- $823,897
- From related orgs
- $0
- Other
- $53,462
- Hours/week
- 51
Schedule J breakdown matched by us
- Base
- $298,897
- Bonus
- $525,000
- Other
- $0
- Deferred
- $19,800
- Nontaxable benefits
- $33,662
- Filer's total
- $877,359
-
Dale GibbensDALE GIBBENS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Kelly BullochKELLY BULLOCH
DIRECTOR
- Total calculated
- $75,000
- From this org
- $75,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1 + 1 related
-
Mark HoldenMARK HOLDEN
DIRECTOR (OUTGOING)
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Randy LairRANDY LAIR
DIRECTOR
- Total calculated
- $75,000
- From this org
- $75,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 1 + 1 related
-
Raymond GeoffroyRAYMOND GEOFFROY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Todd RoseTODD ROSE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Henrich HeuerHENRICH HEUER
TREASURER, CFO
- Total calculated
- $640,231
- From this org
- $592,743
- From related orgs
- $0
- Other
- $47,488
- Hours/week
- 51 + 1 related
Schedule J breakdown matched by us
- Base
- $342,743
- Bonus
- $250,000
- Other
- $0
- Deferred
- $19,800
- Nontaxable benefits
- $27,688
- Filer's total
- $640,231
-
Alejandro GuerreiroALEJANDRO GUERREIRO
VP HUMAN RESOURCES
- Total calculated
- $450,306
- From this org
- $423,534
- From related orgs
- $0
- Other
- $26,772
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $343,534
- Bonus
- $80,000
- Other
- $0
- Deferred
- $4,800
- Nontaxable benefits
- $21,972
- Filer's total
- $450,307
-
Charles RugerCHARLES RUGER
VP, RESEARCH & POLICY
- Total calculated
- $552,061
- From this org
- $523,739
- From related orgs
- $0
- Other
- $28,322
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $273,739
- Bonus
- $250,000
- Other
- $0
- Deferred
- $19,800
- Nontaxable benefits
- $8,522
- Filer's total
- $552,061
-
Derek JohnsonDEREK JOHNSON
SR. VP, STRATEGIC INITIATIVES
- Total calculated
- $665,506
- From this org
- $617,686
- From related orgs
- $0
- Other
- $47,820
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $267,686
- Bonus
- $350,000
- Other
- $0
- Deferred
- $19,800
- Nontaxable benefits
- $28,020
- Filer's total
- $665,506
-
Michael LanzaraMICHAEL LANZARA
SR. VP, MEMBER RELATIONS
- Total calculated
- $3,216,273
- From this org
- $1,638,491
- From related orgs
- $0
- Other
- $1,577,782
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $388,491
- Bonus
- $0
- Other
- $1,250,000
- Deferred
- $1,550,000
- Nontaxable benefits
- $27,782
- Filer's total
- $3,216,273
-
Nicholas DunnNICHOLAS DUNN
SR. VP, DEVELOPMENT
- Total calculated
- $535,452
- From this org
- $493,481
- From related orgs
- $0
- Other
- $41,971
- Hours/week
- 50
Schedule J breakdown matched by us
- Base
- $243,481
- Bonus
- $250,000
- Other
- $0
- Deferred
- $19,800
- Nontaxable benefits
- $22,171
- Filer's total
- $535,451
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 · Written employment contract
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
- BRIAN HOOKS AND MICHAEL LANZARA PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. THE FOLLOWING AMOUNTS WERE PAID DURING 2023: BRIAN HOOKS $954,000 MICHAEL LANZARA $1,250,000
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
-
$130,000,000
GENERAL OPERATING SUPPORT
-
AMERICANS FOR PROSPERITY ACTION
$25,000,000
GENERAL OPERATING SUPPORT
-
Milken Center for Advancing the American Dream LLC
$5,000,000
GENERAL OPERATING SUPPORT
-
$200,000
GENERAL OPERATING SUPPORT
-
$128,500
GENERAL OPERATING SUPPORT
-
$100,000
GENERAL OPERATING SUPPORT
-
$80,000
GENERAL OPERATING SUPPORT
-
BETTER ORGANIZING TO WIN LEGALIZATION
$45,000
GENERAL OPERATING SUPPORT
-
$30,000
GENERAL OPERATING SUPPORT
-
THE CLAPHAM GROUP LLC
$25,000
SOCIAL CAPITAL CAMPAIGN
The 10 largest by cash amount. The API serves every itemized grant.
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.
-
501(c)(3) · PUBLIC ED · DE · controlled entity
Directly controlled by STCC
-
AMERICANS FOR PROSPERITY FOUNDATION
501(c)(3) · EDUCATION · DE · controlled entity
Directly controlled by STCC
-
501(c)(4) · ADVOCACY · DC · controlled entity
Directly controlled by AFPF
-
501(c)(4) · GRANT MAKING · DE · controlled entity
Directly controlled by STCC
-
CENTER FOR SOCIAL ENTREPRENEUR EDUCATION
501(c)(3) · EDUCATION · DE · controlled entity
Directly controlled by STCC
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
STAND TOGETHER GIVING LLC
PROJECTS · DE · income $0 · assets $3,862
Directly controlled by STCC
-
AMERICAN STRATEGIES GROUP LLC
OUTREACH · DE · income $0 · assets $34,595,564
Directly controlled by STE LLC
-
STAND TOGETHER SHARED SERVICES
SUPPORT SVCS · DE · income $0 · assets $0
Directly controlled by STCC
-
STAND TOGETHER EVENTS LLC
MANAGEMENT · DE · income $0 · assets $34,595,564
Directly controlled by STCC
-
STAND TOGETHER BENEFITS
BENEFITS · DE · income $0 · assets $0
Directly controlled by STCC
-
STVL6 LLC
INVESTMENTS · DE · income $0 · assets $131,092
Directly controlled by STCC
-
STAMP LLC
PROJECTS · DE · income $0 · assets $0
Directly controlled by STCC
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
CAVHOCO INC
C Corporation · HOLDING CO. · DE · 100% owned · share of income $0 · share of assets $21,244,502 · controlled entity
Directly controlled by ASG
-
DBLDBL INC
C Corporation · CONSULTING · DE · 100% owned · share of income $0 · share of assets $0 · controlled entity
Directly controlled by CAVHOCO INC
-
KNSLT INC
C Corporation · CONSULTING · DE · 100% owned · share of income $42,723,939 · share of assets $42,287,997 · controlled entity
Directly controlled by CAVHOCO INC
-
THOCO
C Corporation · CONSULTING · DE · 100% owned · share of income $0 · share of assets $0 · controlled entity
Directly controlled by CAVHOCO INC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413209349301426
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