2024-11-15T16:12:04-06:00 2023-12-31 770496449 SINGERLEWAK LLP 160 W SANTA CLARA ST STE 600 SAN JOSE CA 95113 990 2023-01-01 770351510 SJSV COMMUNITY BENEFIT FOUNDATION SANJ 4082915250 101 W SANTA CLARA STREET SAN JOSE CA 95113 LEAH TOENISKOETTER PRESIDENT & CEO 4082915250 2024-11-15 1 0 JEROME BELLOTTI P00846805 4082943924 2024-11-15 2023 2024-10-15 13:58:12Z LEAH TOENISKOETTER 101 W SANTA CLARA STREET SAN JOSE CA 95113 306366 0 X WWW.SJCHAMBER.COM X 1995 CA THE PRIMARY EXEMPT PURPOSE OF THE FOUNDATION IS TO PROVIDE EDUCATION AND LEADERSHIP TRAINING/DEVELOPMENT FOR THE BENEFIT OF THE GREATER SAN JOSE COMMUNITY. 4 3 0 0 0 0 186110 16700 334469 198899 108530 90767 0 0 629109 306366 0 0 0 0 0 0 0 0 0 230975 145466 230975 145466 398134 160900 4387176 4256460 372819 157413 4014357 4099047 PROVIDE EDUCATION AND LEADERSHIP TRAINING/DEVELOPMENT FOR THE BENEFIT OF THE GREATER SAN JOSE COMMUNITY. 0 0 145466 108200 LEADERSHIP SAN JOSE: THE PURPOSE OF THIS PROGRAM IS TO TRAIN BUSINESS AND COMMUNITY PERSONS TO BE LEADERS IN THEIR COMMUNITIES. THE PROGRAM PROVIDES IN-DEPTH KNOWLEDGE OF POLITICAL, ECONOMIC, GOVERNMENT AND EDUCATION STRUCTURES IN THE COMMUNITY. LEADERSHIP TRAINING IS INCORPORATED INTO THE SESSIONS TO TEACH PARTICIPANTS HOW TO TAKE ACTION TO SOLVE COMMUNITY PROBLEMS AND ISSUES. THE DAY-LONG SESSIONS ARE HELD MONTHLY IN VARIOUS PLACES THROUGHOUT THE COUNTY. THERE WERE 36 PARTICIPANTS IN THIS YEAR'S PROGRAM. 145466 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 3 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 CA X ELIZABETH RIVAS -CHAMBER OF COMMERCE 4082915250 101 W SANTA CLARA ST SAN JOSE CA 95113 DERRICK CHARLES SEAVER DIRECTOR/PRESIDENT 1.00 40.00 X X 0 172667 17398 JANIKKE KLEM LEADERSHIP CLASS COORDINATOR 1.00 X 55967 0 0 DEEANN HARN DIRECTOR/CHAIR 1.00 X X 0 0 0 TONY MIRENDA CONSULTANT 1.00 X 0 0 0 55967 172667 17398 0 0 1 0 0 16700 16700 LEADERSHIP SAN JOSE CL 611600 108200 108200 OTHER INCOME 611600 90699 90699 198899 90767 90767 306366 198899 0 90767 55930 55930 9080 9080 OUTSIDE SERVICE 55967 55967 EVENT EXPENSES 18893 18893 MISCELLANEOUS 2198 2198 BANK FEES 1874 1874 1524 1524 145466 145466 0 0 0 105872 0 90699 3500000 3500000 586968 31485 268723 559889 4387176 4256460 1224 2500 371595 154913 372819 157413 X 4014357 4099047 4014357 4099047 4387176 4256460 X 160900 -76211 0 X 0 0 0 X 36875 232575 47107 186110 16700 519367 149905 282590 87809 520304 186780 515165 134916 186110 16700 1039671 0 0 0 1039671 49861 148919 164385 108530 90767 562462 49861 148919 164385 108530 90767 562462 236641 664084 299301 294640 107467 1602133 0.64890 0.74260 0.35110 0.25740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 INTEREST RECEIVABLE 358855 DUE TO SVO 201034 559889 EIDL LOAN 150000 CREDIT CARD PAYABLE 1602 ACCRUED INTEREST 3311 154913 X PART X, LINE 2: THE FOUNDATION HAS BEEN DETERMINED TO BE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE ("IRC") AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE IRC AND FROM STATE INCOME TAXES UNDER CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701(D). ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE INCOME TAXES HAS BEEN PROVIDED. ALTHOUGH THE FOUNDATION IS RECOGNIZED AS TAX EXEMPT, IT IS STILL LIABLE FOR TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME (UBI). THE FOUNDATION DOES NOT BELIEVE IT HAS UBI THAT SHOULD BE REPORTED FOR TAX PURPOSES. THE FOUNDATION'S FEDERAL RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) COULD BE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. THE FOUNDATION'S STATE RETURNS COULD BE SUBJECT TO EXAMINATION BY STATE TAXING AUTHORITIES, GENERALLY FOR FOUR YEARS AFTER THEY ARE FILED. 0 0 0 0 0 0 0 0 0 DERRICK CHARLES SEAVER DIRECTOR/PRESIDENT 0 172667 0 0 0 0 0 0 0 17398 0 190065 0 0 FORM 990, PART VI, SECTION A, LINE 8B N/A THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD IS PROVIDED A DRAFT OF FORM 990 FOR ITS REVIEW. AFTER ALL QUESTIONS ARE ADDRESSED THE BOARD WILL AUTHORIZE THE PRESIDENT TO FILE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEES ARE ASKED TO DISCLOSE ANY ACTUAL OR POTENIAL CONFLICTS OF INTEREST TO THE CEO AS SOON AS SUCH CONFLICTS ARISE SO THAT THE CONFLICT MAY BE RESOLVED OR APPROPRIATE STEPS MAY BE TAKEN TO PREVENT A POTENTIAL CONFLICT OF INTEREST FROM BECOMING AN ACTUAL CONFLICT OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE REVIEWED AND APPROVED BY THE PRESIDENT AND THE BOARD OF DIRECTORS. A COPY OF THE FINANCIALS ARE GIVEN TO THE BOARD OF DIRECTORS AND ARE ON FILE AND AVAILABLE UPON REQUEST TO THE PUBLIC. 990 PART XI LINE 8 FOOTNOTE DISCLOSURE FOR PRIOR PERIOD ADJUSTMENT THE PRIOR PERIOD ADJUSTMENT OF $76,211 INCLUDES THE UNDERSTATMENT OF CASH $34,764 AND UNDERSTATEMENT OF EXPENSES $41,447 FROM 2022 TAX RETURN. SAN JOSE SILICON VALLEY CHAMBER OF COMMERCE PO BOX 149 SAN JOSE CA 95103 941659396 PROVIDE UNIFIED VOICE FOR PROFESSIONAL/INDUSTRIAL COMMUNITY CA 501(C)6 N/A 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 SAN JOSE SILICON VALLEY CHAMBER OF COMMERCE L 55930 FAIR MARKET VALUE SAN JOSE SILICON VALLEY CHAMBER OF COMMERCE D 3535855 FAIR MARKET VALUE