Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $1,114,570

• 1e · Government grants (contributions)

  $1,500,000

• 1f · All other contributions, gifts and grants

  $4,454,283

• 2a · Program service revenue: MEMBERSHIP DUES

  total $4,689,446 · related or exempt $4,689,446

• 2b · Program service revenue: PROGRAM EVENTS

  total $2,874,016 · related or exempt $2,874,016

• 2c · Program service revenue: ADMINISTRATIVE SERVICES

  total $163,685 · related or exempt $163,685

• 2d · Program service revenue: PUBLICATION INCOME

  total $9,400 · related or exempt $9,400

• 3 · Investment income

  total $404,499 · excluded $404,499

• 5 · Royalties

  total $211,001 · excluded $211,001

• 7a · Gross sales of assets other than inventory

  other assets $34,181

• 7b · Less cost or other basis and sales expenses

  other assets $0

• 7c · Gain or loss

  other assets $34,181

• 7d · Net gain or loss

  total $34,181 · excluded $34,181

• 11a · Other revenue: OTHER REVENUE

  total $55,983 · excluded $55,983

• 11e · Other revenue, total

  $55,983

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $315,000

• 5 · Compensation of officers, directors and key employees

  total $1,519,375

• 7 · Other salaries and wages

  total $6,381,605

• 8 · Pension plan contributions

  total $258,542

• 9 · Other employee benefits

  total $807,933

• 10 · Payroll taxes

  total $513,293

• 11b · Fees: legal

  total $17,741

• 11c · Fees: accounting

  total $71,248

• 11d · Fees: lobbying

  total $162,930

• 11g · Fees: other

  total $470,103

• 12 · Advertising and promotion

  total $677,361

• 13 · Office expenses

  total $106,364

• 14 · Information technology

  total $401,850

• 16 · Occupancy

  total $622,036

• 17 · Travel

  total $153,197

• 19 · Conferences, conventions and meetings

  total $1,190,506

• 22 · Depreciation, depletion and amortization

  total $225,703

• 23 · Insurance

  total $38,112

• 24a · Other expenses: MISCELLANEOUS

  total $100,386

• 24b · Other expenses: BAD DEBT EXPENSES

  total $75,270

• 24c · Other expenses: CREDIT CARD FEES

  total $55,269

• 24d · Other expenses: DUES AND SUBSCRIPTIONS

  total $51,206

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $411,321 · end of year $145,181

• 2 · Savings and temporary cash investments

  beginning of year $2,437,321 · end of year $4,159,295

• 4 · Accounts receivable

  beginning of year $488,596 · end of year $1,086,553

• 9 · Prepaid expenses and deferred charges

  beginning of year $390,089 · end of year $402,474

• 10a · Land, buildings and equipment: cost or other basis

  $4,281,140

• 10b · Land, buildings and equipment: accumulated depreciation

  $3,075,481

• 10c · Land, buildings and equipment, net

  beginning of year $1,395,575 · end of year $1,205,659

• 11 · Investments: publicly traded securities

  beginning of year $12,130,509 · end of year $12,948,029

• 15 · Other assets

  beginning of year $0 · end of year $4,073,076

• 17 · Accounts payable and accrued expenses

  beginning of year $4,280,582 · end of year $2,878,376

• 19 · Deferred revenue

  beginning of year $228,175 · end of year $804,686

• 25 · Other liabilities

  beginning of year $178,944 · end of year $5,673,730

• 27 · Net assets without donor restrictions

  beginning of year $12,508,110 · end of year $13,179,965

• 28 · Net assets with donor restrictions

  beginning of year $57,600 · end of year $1,483,510

The filer's explanations (Part III)

PART I, LINE 1A

THE BENEFIT WAS PROVIDED PURSUANT TO AN EMPLOYMENT CONTRACT. THE EXECUTIVE PROVIDED DOCUMENTATION TO SUPPORT THE REIMBURSEMENT.

PART I, LINE 4B

IN 2022, THE CHAMBER OF COMMERCE FOR GREATER PHILADELPHIA CONTRIBUTED $93,807 TO A 457(F) PLAN FOR ANDREA ALLON, CHIEF OPERATING OFFICER, WHICH REPRESENTS A FULL YEAR CONTRIBUTION RELATED TO FY22 AND ONE-HALF YEAR RELATED TO FY23. PART II LINE 4B THE CHAMBER OF COMMERCE FOR GREATER PHILADELPHIA CONTRIBUTED $13,506 TO A 457(F) PLAN FOR ROCHELLE CAMERON, PRESIDENT AND CEO.

PART II, LINE B(III):

AT THE TERMINATION OF HIS EMPLOYMENT WITH THE CHAMBER OF COMMERCE FOR GREATER PHILADELPHIA ROB WONDERLING WAS PAID UNUSED ACCUMULATED VACATION AND THE BALANCE OF AMOUNTS AWARDED TO HIM UNDER THE SECTION 457(F) OF THE SUPPLEMENTAL EMPLOYEE EMPLOYEE RETIREMENT PLAN.

PART II, LINE B(III):

FOR ANDREA ALLON AND DAVID HEPBURN, THESE AMOUNTS INCLUDE PAYMENT OF AWARDS MADE AND DEFERRED IN PRIOR YEARS.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• GPCC BENEFIT SERVICES INC

  C · BENEFITS SERVICES · PA · 100% owned · share of assets $110,858

• GPCC ENTERPRISE INC

  C · CONSULTING · PA · 100% owned