Skip to content
Nonprofiteer
← CHAMBER OF COMMERCE MIAMI BEACH

Form 990 for tax year 2022

Filed by CHAMBER OF COMMERCE MIAMI BEACH.

Totals

Total revenue
$1,152,935
Total expenses
$1,233,024
Contributions and grants received
$126,000
Grants paid
$0
Program service revenue
$760,165
Investment income
$9,353
Other revenue
$257,417
Total assets, end of year
$1,591,917
Total liabilities, end of year
$977,001
Net assets or fund balances, end of year
$614,916
Program services expenses (Part IX)
$753,411
Management and general expenses
$409,619
Fundraising expenses
$69,994
Program service expenses (Part III)
$753,411

Program services were 61.1% 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.

  • 1c · Fundraising events

    $10,000

  • 1e · Government grants (contributions)

    $116,000

  • 1g · Noncash contributions included above

    $10,000

  • 2a · Program service revenue: MEMBERSHIP DUES AND EV

    total $749,476 · related or exempt $749,476

  • 2b · Program service revenue: AFFINITY PROGRAM

    total $6,348 · unrelated business $6,348

  • 2c · Program service revenue: VISITOR'S CENTER

    total $4,341 · unrelated business $4,341

  • 3 · Investment income

    total $9,353 · excluded $9,353

  • 6a · Gross rents

    real property $146,767

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $146,767

  • 6d · Net rental income or loss

    total $146,767 · related or exempt $146,767

  • 8a · Fundraising events: gross income

    $301,707

  • 8a · Fundraising events: contributions included on line 1c

    $10,000

  • 8b · Fundraising events: direct expenses

    $191,297

  • 8c · Net income from fundraising events

    total $110,410 · excluded $110,410

  • 11a · Other revenue: MISCELLANEOUS

    total $240 · related or exempt $240

  • 11e · Other revenue, total

    $240

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $286,793 · program services $221,105 · management and general $40,218 · fundraising $25,470

  • 7 · Other salaries and wages

    total $278,243 · program services $214,513 · management and general $39,019 · fundraising $24,711

  • 8 · Pension plan contributions

    total $10,313 · program services $7,951 · management and general $1,446 · fundraising $916

  • 9 · Other employee benefits

    total $6,140 · program services $4,734 · management and general $861 · fundraising $545

  • 10 · Payroll taxes

    total $42,727 · program services $32,940 · management and general $5,992 · fundraising $3,795

  • 11c · Fees: accounting

    total $12,000 · program services $12,000

  • 11g · Fees: other

    total $55,012 · program services $49,199 · management and general $5,813

  • 12 · Advertising and promotion

    total $14,786 · program services $5,715 · fundraising $9,071

  • 13 · Office expenses

    total $9,182 · program services $1,670 · management and general $7,512

  • 14 · Information technology

    total $11,166 · program services $5,738 · management and general $5,428

  • 16 · Occupancy

    total $108,856 · program services $81,642 · management and general $27,214

  • 20 · Interest

    total $16,984 · management and general $16,984

  • 22 · Depreciation, depletion and amortization

    total $57,954 · program services $43,465 · management and general $14,489

  • 24a · Other expenses: PROGRAM & OTHER EXPENSE

    total $249,353 · program services $62,343 · management and general $187,010

  • 24b · Other expenses: BANK CHARGES

    total $29,805 · management and general $29,805

  • 24c · Other expenses: TELEPHONE

    total $22,747 · management and general $22,747

  • 24d · Other expenses: OTHER EXPENSES

    total $9,977 · program services $3,325 · management and general $4,355 · fundraising $2,297

  • 24e · All other expenses

    total $10,986 · program services $7,071 · management and general $726 · fundraising $3,189

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $623,804 · end of year $691,877

  • 4 · Accounts receivable

    beginning of year $43,553 · end of year $38,995

  • 9 · Prepaid expenses and deferred charges

    beginning of year $27,574 · end of year $28,699

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

    $2,084,644

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

    $1,252,298

  • 10c · Land, buildings and equipment, net

    beginning of year $890,300 · end of year $832,346

  • 17 · Accounts payable and accrued expenses

    beginning of year $61,100 · end of year $106,702

  • 19 · Deferred revenue

    beginning of year $334,548 · end of year $383,648

  • 23 · Secured mortgages and notes payable

    beginning of year $331,899 · end of year $310,135

  • 25 · Other liabilities

    beginning of year $177,679 · end of year $176,516

  • 27 · Net assets without donor restrictions

    beginning of year $680,005 · end of year $614,916

Mission and programs · 2022

Mission

THE CHAMBER IS ORGANIZED FOR THE PURPOSE OF ADVANCING THE ECONOMIC, PROFESSIONAL, CULTURAL, EDUCATIONAL AND CIVIC WELFARE OF MIAMI BEACH AND THE AREA SURROUNDING MIAMI BEACH, FLORIDA. THE CHAMBER IS COMMITTED TO ENCOURAGING THE GROWTH OF EXISTING INDUSTRIES AND BUSINESSES, WHILE GIVING ASSISTANCE TO NEW BUSINESSES LOCATED IN MIAMI BEACH AND THE IMMEDIATE SURROUNDINGS. THE CHAMBER IS EQUALLY COMMITTED TO THE ORDERLY PROGRESS AND DEVELOPMENT OF MIAMI BEACH AND TO PROMOTE THE WELFARE OF ITS CITIZENS, BUSINESS INTEREST AND GOOD GOVERNMENT.

Activities or mission (Part I)

THE MIAMI BEACH CHAMBER OF COMMERCE WAS FORMED IN 1921 TO PROMOTE THE ECONOMIC WELL-BEING OF MIAMI BEACH'S CITIZENS, TO IMPROVE THE QUALITY OF LIFE FOR THE ENTIRE COMMUNITY, AND TO COMMUNICATE THE VIEW OF THE BUSINESS COMMUNITY ON MAJOR ISSUES OF PUBLIC POLICY.

  • QUARTERLY PILLAR BREAKFAST: EACH QUARTER THE CHAMBER HOSTS A MAJOR PUBLIC POLICY CONFERENCE COMPRISING MANY OF THE MOST INFLUENTIAL BUSINESS LEADERS IN THE COMMUNITY. A GUEST SPEAKER WILL USUALLY GIVE INSIGHTS AND PROVIDES CONTEXT FOR ISSUES AFFECTING LOCAL BUSINESSES. THIS BREAKFAST IS USUALLY ATTENDED BY SOME ONE HUNDRED AND FIFTY BUSINESS LEADERS INCLUDING COUNCIL MEMBERS OF THE CITY OF MIAMI BEACH.

    Expenses $17,287 · Revenue $222,963

  • CHAMPIONS OF BUSINESS: THIS EVENT IS HELD BI-ANNUALLY AND TAKES PLACE IN THE FORM OF A DISCUSSION PANEL OF BUSINESS AND COMMUNITY LEADERS. THE EVENT BOASTS AN ATTENDANCE OF SOME THREE HUNDRED AND EIGHTY PERSONS AND INCLUDES VARIOUS DISCUSSIONS ON ISSUES AFFECTING THE BUSINESS COMMUNITY.

    Expenses $20,163 · Revenue $27,277

  • VISIT MIAMI BEACH: THIS IS A VISITOR INFORMATION CENTER. IT IS OPEN FIVE DAYS PER WEEK AND IS USUALLY STAFFED BY ONE EMPLOYEE OF THE CHAMBER. THE CENTER SERVES CONVENTIONEERS AND OTHER VISITORS ANNUALLY AND PROVIDES INFORMATION AND ASSISTANCE ON LOCAL SOCIAL AND ECONOMIC ACTIVITIES AVAILABLE IN MIAMI BEACH AND NEIGHBORING COMMUNITIES.

    Expenses $41,823

  • Expenses $674,138 · Revenue $646,243

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Aaron Tandy

    CHAIR

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Alfredo J Gonzalez

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Richard Segal

    CHAIR-ELECT

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Steven Kreinik

    TREASURER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Andres Asion

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Thais Asper

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Ian Bacheikov

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Fred Bean

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Peggy Benua

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Jason Billie

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Reinaldo Borges

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Jimmy Boucher

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Cole Boucher

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Jeffrey M Cohen

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Matis Cohen

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Eva Dias

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Jamil Dib

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Erin Dowd

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Sheila Duffy-Lehrman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Mirielle Enlow

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Patricio Fernandez

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Christopher Ferreira

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Robert Festinger

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Seth Feuer

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Patrick Fisher

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Jessica Francos

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Marisa Galbut

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Mark Gemignani

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Michael S Goldberg

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Sidney Goldin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Jorge Gonzalez

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Jorge J Gonzalez

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Bruce Gould

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Michael Grieco

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Marc Henderson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Joe Hrbek

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Jason Inasi

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Robin Jacobs

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Calvin Kohli

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Mutluhan Kucuk

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • George Mohama

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Michael Larkin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Luis Lopez Del Castillo

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Linsey Lovell

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Paul Lowenthal

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • David Martin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Maia Mediavilla

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Anthony Noboa

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Daniel Odess

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Jay P Parker Esq

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Freddie Peterson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Richard Pototsky

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Aron Raskas

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Chris Rollins

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Madeleine Romanello

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Daria Salyakina

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Sandor Scher

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Lindsay Schottenstein

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Emily Sherman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Lyle Stern

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • John Stuart

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Alexander I Tachmes

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Jeevan Tillit

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Ceci Velasco

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Josh Wallack

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • David Whitaker

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.1 + 1 related
  • Enid Rodriguez

    VICE PRESIDENT

    Total calculated
    $102,765
    From this org
    $95,000
    From related orgs
    $0
    Other
    $7,765
    Hours/week
    0.1 + 50 related
  • Jerome E Libbin

    FORMER PRESIDENT/CEO

    Total calculated
    $265,000
    From this org
    $265,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.1 + 50 related

    Schedule J breakdown matched by us

    Base
    $220,000
    Bonus
    $45,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $265,000

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 · 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.

Provenance

Return type
form_990
Tax year
2022
Filed
15 August 2024
IRS schema version
2022v5.0
Source object
202402289349303525

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.