Form 990 for tax year 2023
Filed by GREATER OKLAHOMA CITY CHAMBER OF COMMERCE.
Totals
- Total revenue
- $16,783,955
- Total expenses
- $17,403,151
- Contributions and grants received
- $3,540,795
- Grants paid
- $18,502
- Program service revenue
- $12,744,542
- Investment income
- $498,618
- Other revenue
- $0
- Total assets, end of year
- $13,772,829
- Total liabilities, end of year
- $6,081,451
- Net assets or fund balances, end of year
- $7,691,378
- 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.
-
1d · Related organizations
$833,500
-
1f · All other contributions, gifts and grants
$2,707,295
-
2a · Program service revenue: CONTRACT REVENUE
total $7,231,616 · related or exempt $7,231,616
-
2b · Program service revenue: MEMBERSHIP DUES
total $3,060,039 · related or exempt $3,060,039
-
2c · Program service revenue: CHAMBER PROGRAMS
total $1,796,381 · related or exempt $1,796,381
-
2d · Program service revenue: MANAGEMENT FEES
total $642,756 · related or exempt $642,756
-
2e · Program service revenue: POINT ADVERTISING
total $13,750 · unrelated business $13,750
-
3 · Investment income
total $498,618 · excluded $498,618
-
7a · Gross sales of assets other than inventory
other assets $28,261
-
7b · Less cost or other basis and sales expenses
other assets $28,261
-
7c · Gain or loss
other assets $0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $18,502
-
5 · Compensation of officers, directors and key employees
total $1,260,300
-
7 · Other salaries and wages
total $5,404,174
-
8 · Pension plan contributions
total $284,284
-
9 · Other employee benefits
total $429,075
-
10 · Payroll taxes
total $444,444
-
11b · Fees: legal
total $35,597
-
11c · Fees: accounting
total $95,159
-
11d · Fees: lobbying
total $47,370
-
11g · Fees: other
total $882,072
-
12 · Advertising and promotion
total $1,858,622
-
13 · Office expenses
total $333,678
-
14 · Information technology
total $551,657
-
16 · Occupancy
total $399,811
-
17 · Travel
total $243,836
-
19 · Conferences, conventions and meetings
total $342,622
-
22 · Depreciation, depletion and amortization
total $93,489
-
23 · Insurance
total $54,692
-
24a · Other expenses: SPONSOR & EVENT SUPPORT
total $2,745,757
-
24b · Other expenses: EVENT PRODUCTION
total $1,069,826
-
24c · Other expenses: PUBL. COSTS & POSTAGE
total $549,076
-
24d · Other expenses: MISCELLANEOUS EXPENSES
total $243,872
-
24e · All other expenses
total $15,236
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $10,591,204 · end of year $12,134,380
-
4 · Accounts receivable
beginning of year $2,071,353 · end of year $840,982
-
8 · Inventories for sale or use
beginning of year $8,448
-
9 · Prepaid expenses and deferred charges
beginning of year $470,640 · end of year $457,990
-
10a · Land, buildings and equipment: cost or other basis
$2,259,892
-
10b · Land, buildings and equipment: accumulated depreciation
$2,003,209
-
10c · Land, buildings and equipment, net
beginning of year $290,348 · end of year $256,683
-
15 · Other assets
beginning of year $52,402 · end of year $82,794
-
17 · Accounts payable and accrued expenses
beginning of year $1,442,329 · end of year $1,935,458
-
19 · Deferred revenue
beginning of year $1,742,428 · end of year $1,722,553
-
25 · Other liabilities
beginning of year $1,989,064 · end of year $2,423,440
-
27 · Net assets without donor restrictions
beginning of year $7,650,483 · end of year $7,628,239
-
28 · Net assets with donor restrictions
beginning of year $660,091 · end of year $63,139
Mission and programs · 2023
Mission
THE VOICE OF BUSINESS AND THE VISIONARY ORGANIZATION IN THE GREATER OKLAHOMA CITY REGION.
-
THE GREATER OKLAHOMA CITY CHAMBER IS SUPPORTED BY OVER 2,500 MEMBER COMPANIES. PROGRAMS FOCUS ON CREATING A BUSINESS CLIMATE AND POSITIVE IMAGE THAT IS A STRONG FOUNDATION FOR ECONOMIC GROWTH; SUPPORTING COMMUNITY EFFORTS THAT ENHANCE THE OPPORTUNITIES AND AMENITIES FOR RESIDENTS AND VISITORS, AND PROVIDING MEMBERS VALUE-ADDED OPPORTUNITIES TO PROMOTE THEIR BUSINESSES AND ENGAGE IN OUR OVERALL MISSION.
-
FORWARD OKLAHOMA CITY IS A FIVE YEAR ECONOMIC DEVELOPMENT PROGRAM FOCUSED ON QUALITY JOB GROWTH IN THE REGION. PROGRAMS ARE DESIGNED TO ENHANCE THE COMMUNITY AND THE OVERALL BUSINESS CLIMATE AND RESOURCES TO PROVIDE THE FOUNDATION FOR JOB GROWTH THROUGH EXPANSION OF LOCAL COMPANIES AND ATTRACTION OF NEW EMPLOYERS TO THE COMMUNITY.
-
THE OKLAHOMA CITY CONVENTION AND VISITORS BUREAU, A DIVISION OF THE GREATER OKLAHOMA CITY CHAMBER OF COMMERCE, INC. WAS CREATED TO ENCOURAGE, PROMOTE, AND FOSTER THE CONVENTION AND TOURISM DEVELOPMENT OF OKLAHOMA CITY. THE FUNDING FOR THE BUREAU ACTIVITIES IS THROUGH AN ANNUAL PROFESSIONAL SERVICES AGREEMENT BETWEEN THE CITY OF OKLAHOMA CITY AND THE CHAMBER.
As filed on the 2023 return.
Listed in Part VII
-
GILLENWATER CHRISTY
PRESIDENT & CEO
- Total calculated
- $448,537
- From this org
- $415,646
- From related orgs
- $0
- Other
- $32,891
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $375,852
- Bonus
- $0
- Other
- $39,794
- Deferred
- $18,462
- Nontaxable benefits
- $14,429
- Filer's total
- $448,537
-
TRAUSCHKE SEAN
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
RAINBOLT DAVID
CORPORATE SECRETARY
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
HART JOHN
TREASURER
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
BENNETT CLAYTON
V.C. - STRATEGIC PLANNING
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
HATFIELD JUDY
V.C. - MILITARY & AEROSPACE
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
HOOPER RHONDA
V.C. - MEMBERSHIP & BUSINESS/ECONOMIC INCLUSION
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
KRIEGER BRADLEY
V.C. - GOVERNMENT RELATIONS
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
LANCE BILL
V.C. - CONVENTION & VISITOR DEVELOPMENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
MCDANIEL TOM
V.C. - MAPS 3 DEVELOPMENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
MEYER JENNY LOVE
V.C. - MARKETING & COMMUNICATIONS
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
MUNCRIEF RICK
V.C. - FORWARD OKLAHOMA CITY
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
NICHOLS J LARRY
V.C. - STRATEGIC PLANNING
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
ROSE TERESA
CHAIR-ELECT, V.C. - EDUCATION & MAPS 4 DEVELOPMENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
SHORTRIDGE W KENT
V.C. - ECONOMIC DEVELOPMENT
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
BEFFORD MARK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
BOREN DAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
CARPENTER DAVID
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
COATS SANFORD C
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
CORBETT LUKE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
COUCH JIM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
DELANEY PETER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
DURRETT BILL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
EDWARDS CARL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
FARZANEH MOHAMMAD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
FLEMING CHRIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
FUNK JR BOB
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
FUNK ROBERT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
GAMBLE GERALD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
GEBHART JIM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
GRIFFIN DAVID
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
HAHN STEVE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
HALL FRED
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
HARDING NATHANIEL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
HARGIS V BURNS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
HARLOW DAVID
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
HELM MARK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
HODGES JOE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
HOGAN DAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
HUPFELD STANLEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
KANADY CHRISTIAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
KIRK PERCY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
KIRK RYAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
LAIRD MICHAEL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
LAUDERDALE MICHAEL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
LOFGREN RICHARD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
LOMBARDO VINCENT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
LOPEZ CROWE BONNIE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
LOPEZ DAVE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
MARTIN EDMUND O
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
MCPHERSON FRANK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
MORGAN DAVID
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
NEIRA XAVIER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
NIGH GEORGE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
PATEL HARSHIL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
PEHRSON TIMOTHY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
PRICE FORD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
ROSS BOB
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
SAN PEDRO CLAUDIA
BOARD MEMBER (THRU 6/30/23)
- Total calculated
- $0
- Hours/week
- 1
-
SCHONACHER WILLIAM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
SHINN TONY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
SHIRLEY NATALIE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
SMITH LEE ALLAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
TANENBAUM DICK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
THOMPSON DAVID
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
TYLER TONY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
WEYRICH ANDREW
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
WHEELER GREGORY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
ROSS MIKE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
GRIFFIN AJ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
RASKOB GARY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
DENNY BARBARA L
CFO/VP OF OPERATIONS
- Total calculated
- $305,822
- From this org
- $281,749
- From related orgs
- $0
- Other
- $24,073
- Hours/week
- 40 + 1 related
Schedule J breakdown matched by us
- Base
- $200,353
- Bonus
- $81,396
- Other
- $0
- Deferred
- $17,298
- Nontaxable benefits
- $6,775
- Filer's total
- $305,822
-
CRAIG ZAC
PRESIDENT CVB
- Total calculated
- $258,596
- From this org
- $228,978
- From related orgs
- $0
- Other
- $29,618
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $186,378
- Bonus
- $37,800
- Other
- $4,800
- Deferred
- $14,164
- Nontaxable benefits
- $15,454
- Filer's total
- $258,596
-
SEYMOUR JEFF
EXECUTIVE VP ECONOMIC DEVELOPMENT
- Total calculated
- $247,346
- From this org
- $227,045
- From related orgs
- $0
- Other
- $20,301
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $178,985
- Bonus
- $43,260
- Other
- $4,800
- Deferred
- $13,567
- Nontaxable benefits
- $6,734
- Filer's total
- $247,346
-
VANLANDINGHAM MARK
SR. VP GOVERNMENT RELATIONS & POLICY
- Total calculated
- $249,819
- From this org
- $220,067
- From related orgs
- $0
- Other
- $29,752
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $174,646
- Bonus
- $45,421
- Other
- $0
- Deferred
- $14,161
- Nontaxable benefits
- $15,591
- Filer's total
- $249,819
-
REID CYNTHIA
SR. VP MARKETING & COMMUNICATIONS
- Total calculated
- $201,878
- From this org
- $183,385
- From related orgs
- $0
- Other
- $18,493
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $146,572
- Bonus
- $36,813
- Other
- $0
- Deferred
- $11,704
- Nontaxable benefits
- $6,789
- Filer's total
- $201,878
-
WILMES KIM
VP OF ECONOMIC DEVELOPMENT PROGRAMS
- Total calculated
- $160,664
- From this org
- $142,760
- From related orgs
- $0
- Other
- $17,904
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $131,242
- Bonus
- $11,518
- Other
- $0
- Deferred
- $9,121
- Nontaxable benefits
- $8,783
- Filer's total
- $160,664
-
MARTIN AMIE
CONTROLLER
- Total calculated
- $156,054
- From this org
- $135,420
- From related orgs
- $0
- Other
- $20,634
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $118,608
- Bonus
- $16,812
- Other
- $0
- Deferred
- $8,891
- Nontaxable benefits
- $11,743
- Filer's total
- $156,054
-
SCHONES GARY
VP SALES AND SERVICES
- Total calculated
- $143,501
- From this org
- $120,784
- From related orgs
- $0
- Other
- $22,717
- Hours/week
- 40
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 · Compensation committee
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 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)
- PART I, LINE 3
- CEO WAS RETAINED IN JANUARY 2023 THROUGH AN EXECUTIVE SEARCH FIRM. COMPENSATION WAS ESTABLISHED VIA MARKET COMPARISONS BY AN INDEPENDENT PARTY AND FURTHER SUPPORTED BY COMPARISONS TO FORM 990 DATA AND PAST SURVEY RESULTS. COMPENSATION WAS APPROVED BY THE COMPENSATION COMMITTEE.
- PART I, LINE 4B
- THE ORGANIZATION PROVIDED A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN TO ITS PRESIDENT & CEO, ROY WILLIAMS. THIS PLAN WAS PAID OUT WHEN MR. WILLIAMS RETIRED IN MARCH OF 2023.
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
-
$10,000
GENERAL SUPPORT
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.
-
OKLAHOMA CITY ECONOMIC DEVELOPMENT FOUNDATION INC
501(C)(3) · SUPPORT · OK · controlled entity
Directly controlled by GREATER OKLAHOMA CITY CHAMBER OF COMMERCE INC
-
GREATER OKLAHOMA CITY CHAMBER INC POLITICAL ACTION COMMITTEE
527 · POLITICAL ACTION · OK · controlled entity
Directly controlled by GREATER OKLAHOMA CITY CHAMBER OF COMMERCE INC
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.
-
GREATER CHOICE OKLAHOMA ASSOCIATION LLC
ASSOCIATION HEALTH PLAN · OK
Directly controlled by GREATER OKLAHOMA CITY CHAMBER OF COMMERCE INC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403209349312025
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