2024-11-15T15:53:31-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 1785 INDIAN WOOD CIRCLE MAUMEE OH 43537 990 2023-01-01 344374780 TOLEDO REGIONAL CHAMBER OF COMMERCE TOLE 4192438191 300 MADISON AVENUE 200 TOLEDO OH 43604 THOMAS J WALSH CFO 4192438191 2024-11-15 1 0 JONATHAN RICHARDS P01311831 4197942000 2024-11-15 2023 2024-10-15 13:58:12Z WENDY R GRAMZA 300 MADISON AVENUE 200 TOLEDO OH 43604 3920147 0 X WWW.TOLEDOCHAMBER.COM X 1893 OH PROMOTION OF COMMERCIAL, INDUSTRIAL, AND CIVIC INTERESTS OF THE TOLEDO AREA. 44 44 39 500 330676 26974 1148991 1254253 1597598 1321019 39928 82113 565033 733549 3351550 3390934 0 0 0 0 2600608 2314088 0 0 0 948159 938761 3548767 3252849 -197217 138085 4465383 4896467 1456822 1411089 3008561 3485378 TO SOLVE CRITICAL BUSINESS CHALLENGES IN ORDER TO CREATE VIBRANT ECONOMIC OPPORTUNITIES FOR ALL IN OUR REGION. 0 0 BUSINESS DEVELOPMENT SERVICES - BUSINESS COUNSELING TO STARTUP, GROWING, AND/OR STRUGGLING BUSINESSES WORKFORCE DEVELOPMENT AND TALENT ATTRACTION - PROGRAMMING TO MEET THE REGION'S CURRENT AND FUTURE WORKFORCE NEEDS ADVOCACY AND PUBLIC POLICY - ADVOCATING PUBLIC POLICY ON BEHALF OF MEMBER BUSINESSES 0 1 1 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 1 28 0 39 1 1 1 0 0 0 1 1 0 0 0 X 44 44 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X TOM WALSH 4192438191 300 MADISON AVE STE 200 TOLEDO OH 43604 LYNETTE REICHLE CHAIRMAN 1.00 1.00 X X 0 0 0 FREDERICK TREUHAFT TRUSTEE 1.00 0.00 X 0 0 0 RODNEY ROGERS TRUSTEE 1.00 0.00 X 0 0 0 CHERYL O'CONNOR TRUSTEE 1.00 0.00 X 0 0 0 ANNE BALAZS TRUSTEE 1.00 0.00 X 0 0 0 MATT YARDER TRUSTEE 1.00 1.00 X 0 0 0 JEFF SCHALLER TRUSTEE 1.00 0.00 X 0 0 0 SCOTT SCHUELLER TRUSTEE 1.00 0.00 X 0 0 0 SARAH ZIBBEL TRUSTEE 1.00 0.00 X 0 0 0 BRET CLARK TREASURER 1.00 0.00 X X 0 0 0 BRAD HIRSCH TRUSTEE 1.00 0.00 X 0 0 0 MIKE KORALEWSKI TRUSTEE 1.00 0.00 X 0 0 0 PRAKASH KARAMCHANDANI TRUSTEE 1.00 0.00 X 0 0 0 GEOFF SHOOK TRUSTEE 1.00 0.00 X 0 0 0 REBECCA SHOPE TRUSTEE 1.00 0.00 X 0 0 0 RJ RAJNER TRUSTEE 1.00 0.00 X 0 0 0 RANDOLPH BURNS TRUSTEE 1.00 1.00 X 0 0 0 FRANK BLOOMQUIST TRUSTEE 1.00 0.00 X 0 0 0 ANDREW BERENZWEIG TRUSTEE 1.00 0.00 X 0 0 0 MARK TRIMBLE TRUSTEE 1.00 0.00 X 0 0 0 TRACY BOLANDER TRUSTEE 1.00 0.00 X 0 0 0 ADAM FREELS TRUSTEE 1.00 0.00 X 0 0 0 ALEX GERKEN TRUSTEE 1.00 1.00 X 0 0 0 TRUMAN GREENWOOD TRUSTEE 1.00 0.00 X 0 0 0 MILTON MCINTYRE TRUSTEE 1.00 0.00 X 0 0 0 JOHN KRAUS TRUSTEE 1.00 0.00 X 0 0 0 TIM MEYER TRUSTEE 1.00 0.00 X 0 0 0 KIRKLAND MIZEREK TRUSTEE 1.00 0.00 X 0 0 0 AMBREA MIKOLAJCZK TRUSTEE 1.00 0.00 X 0 0 0 JIM LEWIS TRUSTEE 1.00 0.00 X 0 0 0 STEVE BOWE TRUSTEE 1.00 1.00 X 0 0 0 BARRIE HOWELL TRUSTEE 1.00 0.00 X 0 0 0 JENNIFER KEARNS TRUSTEE 1.00 0.00 X 0 0 0 MIKE PASCH TRUSTEE 1.00 0.00 X 0 0 0 STEVE SADOWSKI TRUSTEE 1.00 0.00 X 0 0 0 JAMES BAILEY TRUSTEE 1.00 0.00 X 0 0 0 MELANEA CARUSO TRUSTEE 1.00 0.00 X 0 0 0 CHAD HOLESKO TRUSTEE 1.00 0.00 X 0 0 0 NEIL NEUKAM TRUSTEE 1.00 0.00 X 0 0 0 STEVE SMIGELSKI TRUSTEE 1.00 1.00 X 0 0 0 JOHN TOOSON TRUSTEE 1.00 0.00 X 0 0 0 JIM YATES TRUSTEE 1.00 0.00 X 0 0 0 LOIS BINGHAM TRUSTEE 1.00 0.00 X 0 0 0 JENNIFER PERCIVAL TRUSTEE 1.00 0.00 X 0 0 0 WENDY GRAMZA PRESIDENT 43.00 1.00 X 210968 0 32795 THOMAS WALSH CFO 43.00 0.00 X 122666 0 13971 HEATHER BRADLEY EXECUTIVE VICE PRESIDENT 43.00 0.00 X 119121 0 15279 452755 0 62045 3 0 1 0 0 1209103 45150 25150 1254253 MEMBERSHIP DUES 611710 1321019 1321019 1321019 80737 80737 118640 118640 221461 210288 9797 11173 -9797 1376 1376 537586 309128 228458 228458 MEMBER SERVICE 541800 330676 330676 MISCELLANEOUS 900099 55775 55775 386451 3390934 1321019 330676 484986 380400 1624863 57372 121057 130396 28479 60514 13907 33866 113694 100273 29538 141 69794 32209 UBI/OTHER TAXES 6976 PROGRAM EXPENSES 183463 EQUIPMENT RENTAL & MAIN 158344 SUBSCRIPTIONS 123364 -15801 3252849 166455 162458 275596 286176 172640 186875 257315 281374 54254 144709 600630 358034 233496 242596 2791799 3151110 513828 441169 4465383 4896467 192131 180166 747994 784093 516697 446830 1456822 1411089 X 3008561 3334318 151060 3008561 3485378 4465383 4896467 138085 338732 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5975 0 0 5975 5975 0 TOLEDO CHAMBER LEADERSHIP FUND 300 MADISON AVE TOLEDO OH 46304 5975 4666 0 0 0 1309424 5975 5975 65471 -59496 PART I-A, LINE 1: STAFF SUPPORT AND SUPPLIES FOR THE LEADERSHIP FUND (PAC) TO SUPPORT LOCAL CANDIDATES OFFICES. ALSO, STAFF LOBBIES LOCAL AND STATE GOVERNMENTS. 80069 15894 64175 520561 342140 178421 242596 ROU ASSET - FINANCING 18792 ROU ASSET - OPERATING 422377 441169 SHORT TERM LEASE LIABILITY - FINANCING 5605 SHORT TERM LEASE LIABILITY OPERATING 66863 LONG TERM LEASE LIABILITY - FINANCING 13330 LONG TERM LEASE LIABILITY - OPERATING 361032 446830 X PART X, LINE 2: THE CHAMBER IS AN EXEMPT ORGANIZATION UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE, NO PROVISION FOR INCOME TAX IS REQUIRED EXCEPT FOR INCOME TAXES ARISING FROM UNRELATED BUSINESS INCOME. THE ORGANIZATION ADOPTED THE INCOME TAX STANDARD FOR CERTAIN UNCERTAIN INCOME TAX POSITIONS. THE ORGANIZATION EVALUATED ITS TAX POSITIONS AND DETERMINED THAT ITS TAX POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED ON EXAMINATION. CLAMBAKE 113050 113050 45085 2291 ANNUAL MEETING 56300 56300 12387 20975 2037 18 368236 368236 18759 30678 1107 175809 537586 537586 31146 96738 1107 180137 309128 228458 X 1 0 X X X 0 0 0 WENDY GRAMZA PRESIDENT 209726 0 0 0 1242 0 13671 0 19124 0 243763 0 0 0 PART I, LINE 1A WENDY GRAMZA (CURRENT PRESIDENT) RECEIVES HEALTH CLUB BENEFITS FROM THE TOLEDO CLUB, WHICH INCLUDES A HEALTH CLUB ON ITS PREMISES. THESE BENEFITS ARE NOT INCLUDED IN TAXABLE INCOME SINCE THE CLUB IS MOSTLY USED FOR BUSINESS EVENTS. PART I, LINE 3 WENDY GRAMZA HAS AN EMPLOYMENT CONTRACT WITH THE ORGANIZATION. X MEMBERSHIP 6 12180 COST OF MEMBERSHIP X GOODS 5 7790 COST OF GOODS X RENT 2 3500 COST OF RENT X SERVICES 3 1680 COST OF SERVICES 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS MADE UP OF 13 MEMBERS OF THE GOVERNING BODY. THEY APPROVE VARIOUS ACTIONS COMING BEFORE THEM AND RECOMMEND THE GOVERNING BODY APPROVE THOSE SAME ACTIONS. FORM 990, PART VI, SECTION A, LINE 6 THE CHAMBER HAS MEMBERS. ANY INDIVIDUAL OR COMPANY MAY APPLY FOR MEMBERSHIP IN THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT THE BOARD OF TRUSTEES. VOTING SHALL BE BY INDIVIDUALS ONLY AND NO MEMBER SHALL CAST MORE THAN ONE VOTE. THE BOARD OF TRUSTEES, THEN, ELECT THE OFFICERS OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7B THE EXECUTIVE COMMITTEE IS COMPOSED OF MEMBERS OF THE GOVERNING BODY. ALL ACTIONS APPROVED BY THE EXECUTIVE COMMITTEE MUST ALSO BE APPROVED BY THE GOVERNING BODY. ANY CHANGES TO THE GOVERNING DOCUMENTS MUST BE APPROVED BY A MAJORITY VOTE OF THE MEMBERS IN GOOD STANDING. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS MADE AVAILABLE TO ALL MEMBERS OF THE GOVERNING BODY FOR THEIR REVIEW. THE TREASURER OF THE GOVERNING BODY DOES AN EXTENSIVE REVIEW. FORM 990, PART VI, SECTION B, LINE 12C ALL VOLUNTEERS, INCLUDING THE BOARD AND COMMITTEE MEMBERS, ARE COVERED BY THE POLICY. THE BOARD OF TRUSTEES AND EXECUTIVE COMMITEE REVIEW POTENTIAL CONFLICTS OF INTEREST AND DETERMINE IF SUCH CONFLICTS EXIST. BOARD MEMBERS MUST SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. AT MONTHLY BOARD MEETINGS, IF THERE IS A CONFLICT, THE CONFLICT MUST BE DISCLOSED AND THE MEMBER MUST REFRAIN FROM DISCUSSING AND VOTING ON THAT MATTER. THE ABSTAINMENT FROM VOTING IS DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE CHAMBER'S OFFICERS IS REVIEWED AND APPROVED BY THE EXECUTIVE COMMITTEE. COMPENSATION OF THE CHAMBER'S OFFICERS IS COMPARED TO OTHER AMERICAN CHAMBER OF COMMERCE EXECUTIVES. THE CHAIRMAN OF THE BOARD PROVIDES COPIES OF CONTRACTS THAT CONTAIN THE SALARY AND BENEFITS FOR EACH OFFICER, AS WELL AS DOCUMENTATION OF ANY CHANGES REGARDING SALARIES AND/OR BONUSES. THE COMPENSATION OF WENDY GRAMZA, CURRENT PRESIDENT, WAS REVIEWED AND APPROVED IN 2023. BOTH THE DELIBERATION AND FINAL COMPENSATION DECISION WERE TIMELY DOCUMENTED. THE OTHER OFFICERS ARE REVIEWED INTERNALLY. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 HISTORICALLY, THE TOLEDO CHAMBER OF COMMERCE HAS NEVER MADE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. ANY REQUEST BY A MEMBER OF THE PUBLIC TO REVIEW THESE DOCUMENTS WOULD BE CONSIDERED CAREFULLY. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. TOLEDO AREA CHAMBER FOUNDATION 300 MADISON AVENUE ENTERPRISE STE 2 TOLEDO OH 43604 341342220 TO ACCELERATE ECONOMIC DEVELOPMENT WITHIN THE TOLEDO REGION OH 501(C)(3) LINE 12A, I TOLEDO REGIONAL CHAMBER OF COMMERCE 1 PARTNERSHIP FOR INNOVATION AND COMPETITIVENESS 300 MADISON AVENUE ENTERPRISE STE 2 TOLEDO OH 43604 822517672 TO PROVIDE SUPPORT FOR LOCAL BALLOT ISSUES OH 501(C)(4) TOLEDO REGIONAL CHAMBER OF COMMERCE 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0