2024-04-24T15:24:39-05:00 2023-09-30 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2022-10-01 411453093 MINNESOTA CHAMBER FOUNDATION MINN 6512924650 380 SAINT PETER STREET 1050 ST PAUL MN 55102 JENNIFER BYERS EXECUTIVE DIRECTOR 6512924650 2024-04-24 1 JENNIFER BYERS 999009999 1 MICHAEL HINSCH P01875343 6123764500 2024-04-24 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JENNIFER BYERS 380 SAINT PETER STREET 1050 ST PAUL MN 55102 1220735 0 X N/A X 1983 MN TO BRING STAKEHOLDERS TOGETHER TO PROMOTE PROSPERITY & LONG-TERM GROWTH OF MINNESOTA'S ECONOMY. 15 13 3 13 0 0 726481 982756 203660 237979 0 0 0 0 930141 1220735 436078 414014 0 0 318519 381581 0 0 13027 202977 274100 957574 1069695 -27433 151040 743764 971066 156778 233040 586986 738026 X THE ORGANIZATION'S MISSION IS TO BRING STAKEHOLDERS TOGETHER TO PROMOTE PROSPERITY AND LONG-TERM GROWTH OF MINNESOTA'S ECONOMY. 0 0 47529 0 0 ECONOMIC RESEARCH: IN MAY OF 2023, THE FOUNDATION COMPLETED ITS UPDATE REPORT AND RESEARCH ON THE ECONOMIC OUTLOOK FOR MINNESOTA, THE 2023 EDITION OF MINNESOTA: 2030. THIS REPORT PROVIDES AN OBJECTIVE ANALYSIS ON THE PERFORMANCE OF MINNESOTA'S ECONOMY AND RECOMMENDATIONS TO ADDRESS HEADWINDS TO FUTURE GROWTH. IN JUNE OF 2023, THE FOUNDATION BEGAN A NEW RESEARCH PROJECT ON MINNESOTA'S ENVIRONMENTAL PERMITTING PROCESS, HIRING ENGINEERING CONSULTING FIRM BARR TO LEAD THE TECHNICAL RESEARCH. THAT WORK CONTINUED THROUGH 2023. 681465 412339 0 THE BUSINESS ENVIRONMENTAL SUSTAINABILITY FINANCE PROGRAM (BESFP) IS A GRANT PROGRAM OF THE MINNESOTA CHAMBER FOUNDATION. THE PURPOSE OF THE BESFP GRANT PROGRAM IS TO MOTIVATE BUSINESS OWNERS TO COMPLETE ENERGY EFFICIENCY OR WASTE REDUCTION PROJECTS THAT WOULD OTHERWISE NOT GET DONE WITHOUT BESFP GRANT. GRANTS OF UP TO $3,000 MAY BE AVAILABLE FOR PRE-QUALIFIED ENERGY EFFICIENCY AND WASTE MANAGEMENT PROJECTS. BESFP GRANT PROGRAM WORKS CLOSELY WITH ENERGY SMART OR WASTE WISE STAFF TO IDENTIFY PROJECTS THAT MAY QUALIFY FOR A GRANT. ELIGIBLE PROJECTS INCLUDE ENERGY EFFICIENT PROJECTS THAT RECIEVE AN ENERGY UTILITY REBATE AND WASTE PROJECTS WHICH RESULT IN QUANTIFIABLE WASTE DIVERSION (WASTE KEPT OUT OF THE MUNICIPAL SOLID WASTE STREAM). NO MORE THAN ONE GRANT PER BUSINESS (OR BUSINESS LOCATION) PER CALANDER YEAR OR FOR ONE 12-MONTH PERIOD, WILL BE GIVEN. PRIORITY IS GIVEN TO BUSINESSES THAT HAVE NOT RECEIVED A BESFP GRANT AT ANY TIME IN THE PAST. 47797 1675 0 CENTER FOR WORKFORCE SOLUTIONS THE CENTER FOR WORKFORCE SOLUTIONS IS DESIGNED TO PROVIDE PRIVATE SECTOR SOLUTIONS TO THE WORKFORCE CHALLENGE FACING MINNESOTA EMPLOYERS. THE CENTER HAS MULTIPLE FOCUS AREAS. THE FIRST, IS THE BUSINESS EDUCATION NETWORK (BEN) FORMED IN 2015. BEN IS A PRIVATE-SECTOR SOLUTION TO EMPLOYERS' URGENT NEED TO FIND SKILLED, QUALIFIED AND READY WORKERS FOR JOBS AVAILABLE IN COMMUNITIES ACROSS OUR STATE. BEN PARTNERS ESTABLISHED A RELATIONSHIP WITH THE UNITED WAY OF THE TWIN CITIES TO EXPAND CAREER PATHWAYS. THE CENTER IS ALSO HOME TO THE FOUNDATION'S WORKFORCE DIVERSITY, EQUITY AND INCLUSION INITIATIVE. OUTCOMES IN THIS AREA INCLUDE A DIVERSITY RESOURCE SITE, AND PLAYBOOK FOR EMPLOYERS. NEW PROGRAMS INCLUDE A PEER GROUP OF DIVERSITY LEADERS AND EXPANSION OF EMPLOYER CONSULTING SERVICES. THIS EFFORT IS DESIGNED TO ASSIST EMPLOYERS ACROSS THE STATE TO DEVELOP WELCOMING WORKPLACES. THE THIRD AREA OF FOCUS IS HIGHLIGHTING AND ADVANCING THE ROLE OF IMMIGRANTS TO MINNESOTA'S ECONOMY, BOTH AS WORKERS AND ENTREPRENEURS. 86433 0 237979 LEADERSHIP MINNESOTA: WE ARE CURRENTLY IN THE 23ND YEAR OF OFFERING LEADERSHIP MINNESOTA TO OUR MEMBERSHIP WITH OVER 800 ALUMNI. LEADERSHIP MINNESOTA SERVES TO ENHANCE THE UNDERSTANDING OF THE STATE'S ECONOMY AND THE ROLE OF PUBLIC POLICY FOR MINNESOTA'S BUSINESS LEADERS. FORTY PARTICIPANTS FROM VARIOUS PARTS OF MINNESOTA WILL TRAVEL ACROSS THE STATE WITH THE GOAL OF INCREASING THEIR UNDERSTANDING OF WHAT DRIVES MINNESOTA'S ECONOMY AND HOW PUBLIC POLICY AFFECTS THE SUCCESS OF BUSINESS IN OUR STATE. THEY WILL TOUR VARIOUS COMPANIES AND TALK DIRECTLY WITH INDUSTRY AND COMPANY LEADERS ABOUT THEIR ECONOMIC IMPACT TO OUR STATE, THEIR CHALLENGES, OPPORTUNITIES AND FUTURE PLANS. THE GROUP IS SELECTED IN APRIL AND THE PROGRAMS BEGINS THE FOLLOWING SEPTEMBER. AN ALUMNI EVENT IS HELD ONCE A YEAR IN A PART OF THE STATE THAT WAS NOT PART OF THE INITIAL PROGRAM YEAR FOR PARTICIPANTS. LEADERS LAB: WE HAVE CONCLUDED NINE YEARS OF THE PROGRAM WITH WELL OVER 300 ALUMNI. THIS PROGRAM IS MODELED AFTER LEADERSHIP MINNESOTA BUT TARGETS DEVELOPING BUSINESS LEADERS. LEADERS LAB WILL TAKE 40 DEVELOPING BUSINESS LEADERS ON 4, 2-DAY SESSIONS. LIKE LEADERSHIP MINNESOTA, EACH SESSION WILL INCLUDE OPPORTUNITIES TO TOUR AND LEARN MORE ABOUT INDUSTRIES THAT DRIVE MINNESOTA'S ECONOMY AND HOW PUBLIC POLICY AFFECTS THE SUCCESS OF BUSINESS IN OUR STATE. 86433 0 237979 863224 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 7 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 13 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X ANNETTE KOJETIN 6512924650 380 SAINT PETER STREET SUITE 1050 ST PAUL MN 55102 DOUG LOON PRESIDENT/CEO 1.00 40.00 X 0 553410 47781 LAURA BORDELON SR. VICE PRESIDENT 1.00 42.00 X 0 293703 41322 ANNETTE KOJETIN VICE PRESIDENT/CFO 1.00 42.00 X 0 183931 30563 JENNIFER BYERS EXEC DIR MCF/SEC/TREASURER 40.00 3.00 X X 0 180426 12166 BENTLEY GRAVES DIRECTOR 1.00 41.00 X 0 171993 17877 BETH KADOUN VICE PRESIDENT 1.00 40.00 X 0 161255 23648 JENNIFER MUNYER VICE PRESIDENT 1.00 40.00 X 0 156599 11974 VICKI STUTE VICE PRESIDENT 1.00 40.00 X 0 153104 11475 JEFF DEYOUNG CHAIR 1.00 0.00 X X 0 0 0 JON CAMPBELL PAST CHAIR 1.00 0.00 X X 0 0 0 RICK BAUERLY DIRECTOR 1.00 0.00 X 0 0 0 LISA BODINE DIRECTOR 1.00 0.00 X 0 0 0 HOYT HSIAO DIRECTOR 1.00 0.00 X 0 0 0 DARIN LYNCH DIRECTOR 1.00 0.00 X 0 0 0 JOHN MARSHALL DIRECTOR 1.00 0.00 X 0 0 0 SUSAN MARVIN DIRECTOR 1.00 0.00 X 0 0 0 TIM PENNY DIRECTOR 1.00 0.00 X 0 0 0 DAVID RUDOLPH DIRECTOR 1.00 0.00 X 0 0 0 TRACI TAPANI DIRECTOR 1.00 0.00 X 0 0 0 BRET WEISS DIRECTOR 1.00 0.00 X 0 0 0 RAMONA WILSON DIRECTOR 1.00 0.00 X 0 0 0 0 1854421 196806 0 0 1 0 0 600000 382756 982756 TUITION 561499 228679 228679 ALUMNI EVENT 900099 9300 9300 237979 1220735 237979 0 0 414014 414014 195016 118960 72156 3900 186237 137885 40422 7930 328 279 33 16 6880 1350 5530 58144 69 58075 13939 12651 1278 10 618 445 148 25 96197 95865 332 77404 73900 2358 1146 6436 6436 5792 5792 MISCELLANEOUS EXPENSE 8690 7806 884 1069695 863224 193444 13027 708539 641566 33225 329500 2000 0 743764 971066 36898 99244 119880 133796 156778 233040 X -161541 -137072 748527 875098 586986 738026 743764 971066 151040 0 X 0 1 X 1 0 X 707773 904923 735469 726481 982756 4057402 707773 904923 735469 726481 982756 4057402 351492 3705910 5910 5910 4063312 1605836 0.91200 0.94270 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 1220735 0 1220735 0 1220735 1069695 0 1069695 0 1069695 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION REVIEWS INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS TO DETERMINE IF THERE ARE ANY INCOME TAX UNCERTAINTIES. THE FOUNDATION RECOGNIZES TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITIONS. THE FOUNDATION HAS IDENTIFIED NO SIGNIFICANT INCOME TAX UNCERTAINTIES. THE FOUNDATION FILES INFORMATION RETURNS AS A TAX-EXEMPT ORGANIZATION. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, ALL YEARS SINCE INCEPTION COULD BE SUBJECT TO REVIEW BY THE INTERNAL REVENUE SERVICE. 1 ARBOR COMMERCIAL GROUP PO BOX 24386 MINNEAPOLIS MN 55424 204916185 N/A 9662 0 ENERGY AND WASTE PROGRAMS ARIZA RETAIL SERVICES 600 EAST LAKE STREET MINNEAPOLIS MN 55407 871165020 N/A 5300 0 ENERGY AND WASTE PROGRAMS THE C CHASE COMPANY 3731 GLENHURST AVE ST LOUIS PARK MN 55416 411652951 N/A 23196 0 ENERGY AND WASTE PROGRAMS CHURCH OF ST MICHAEL 611 3RD STREET SOUTH STILLWATER MN 55082 410742511 501(C)(3) 10000 0 ENERGY AND WASTE PROGRAMS ELITE CLEANERS 3101 MINNEHAHA AVE MINNEAPOLIS MN 55406 463849608 N/A 43000 0 ENERGY AND WASTE PROGRAMS GOLDEN VALLEY COUNTRY CLUB 7001 GOLDEN VALLEY ROAD GOLDEN VALLEY MN 55427 410280805 N/A 10000 0 ENERGY AND WASTE PROGRAMS MAGNALICK ENTERPRISES INC 4001 HIAWATHA AVE MINNEAPOLIS MN 55406 411240265 N/A 9111 0 ENERGY AND WASTE PROGRAMS MINNEAPOLIS PROPCO LLC 1 SE MAIN STREET SUITE 200 MINNEAPOLIS MN 55414 852447374 N/A 34000 0 ENERGY AND WASTE PROGRAMS NEW RULES 2015 LOWRY AVE NORTH MINNEAPOLIS MN 55411 811463170 N/A 23745 0 ENERGY AND WASTE PROGRAMS O'LEARY AUTO BODY INC 468 STILLWATER ROAD WILLERNIE MN 55090 411613506 N/A 50000 0 ENERGY AND WASTE PROGRAMS STUDIO EIGHT 807 13TH AVE SOUTH MINNEAPOLIS MN 55404 416028433 N/A 12145 0 ENERGY AND WASTE PROGRAMS SUN FOODS 6350 BROOKLYN BLVD BROOKLYN CENTER MN 55429 204885983 N/A 6000 0 ENERGY AND WASTE PROGRAMS ST JOSEPH AND THE WORKER CATHOLIC CHURCH 7180 HEMLOCK AVE NORTH MAPLE GROVE MN 55369 410713871 501(C)(3) 10000 0 ENERGY AND WASTE PROGRAMS SAINT MICHAEL LUTHERAN CHURCH 9201 NORMANDALE BLVD BLOOMINGTON MN 55437 410907786 501(C)(3) 10000 0 ENERGY AND WASTE PROGRAMS 3 11 PART I, LINE 2: THE FOUNDATION PROVIDES FUNDING TO LOCAL BUSINESSES TO WORK TOWARDS ENERGY EFFICIENCY. THESE ARE MONITORED THROUGH A REPORT BACK ON THE USE OF THE FUNDING. 0 0 0 0 0 0 0 0 0 DOUG LOON PRESIDENT/CEO 0 363810 0 177977 0 11623 0 18300 0 29481 0 601191 0 0 LAURA BORDELON SR. VICE PRESIDENT 0 238076 0 46996 0 8631 0 14285 0 27037 0 335025 0 0 ANNETTE KOJETIN VICE PRESIDENT/CFO 0 155027 0 28904 0 0 0 9302 0 21261 0 214494 0 0 JENNIFER BYERS EXEC DIR MCF/SEC/TREASURER 0 162584 0 15266 0 2576 0 9755 0 2411 0 192592 0 0 BENTLEY GRAVES DIRECTOR 0 164729 0 7264 0 0 0 9838 0 8039 0 189870 0 0 BETH KADOUN VICE PRESIDENT 0 148225 0 13030 0 0 0 8893 0 14755 0 184903 0 0 JENNIFER MUNYER VICE PRESIDENT 0 135117 0 21482 0 0 0 8107 0 3867 0 168573 0 0 VICKI STUTE VICE PRESIDENT 0 131954 0 21150 0 0 0 7917 0 3558 0 164579 0 0 PART I, LINE 3 ALL PAID STAFF ARE EMPLOYEES OF THE MINNESOTA CHAMBER OF COMMERCE, WHICH USES THE FOLLOWING PROCEDURE TO COMPENSATE EMPLOYEES. COMPENSATION OF TOP MANAGEMENT OFFICIALS IS DETERMINED BY THE COMPENSATION COMMITTEE OF THE MINNESOTA CHAMBER OF COMMERCE, A RELATED TAX-EXEMPT ORGANIZATION. COMPARABILITY STUDIES ARE USED IN DETERMINING COMPENSATION AND DECISIONS ARE DOCUMENTED IN MEETING MINUTES. ALL COMPENSATION OF FOUNDATION STAFF IS REIMBURSED TO THE MINNESOTA CHAMBER OF COMMERCE, AND REPORTED AS STAFF COMPENSATION IN PART IX, STATEMENT OF FUNCTIONAL EXPENSES. FORM 990, PART VI, SECTION A, LINE 7A MINNESOTA CHAMBER OF COMMERCE BOARD APPOINTS NOT LESS THAN THREE OF FIFTEEN INDIVIDUALS ON THE BOARD OF MINNESOTA CHAMBER FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS HAS ASSIGNED THE REVIEW PROCESS TO THE MINNESOTA CHAMBER OF COMMERCE FINANCE COMMITTEE. THE FINANCE COMMITTEE HOLDS A MEETING TO REVIEW THE 990 AND SUPPORTING SCHEDULES. FORM 990, PART VI, SECTION B, LINE 12C THE PURPOSE OF THE CONFLICT OF INTEREST POLICY IS TO COMPLEMENT THE BYLAWS OF THE ORGANIZATION AND TO PREVENT PERSONAL INTEREST OF STAFF MEMBERS, BOARD MEMBERS AND MEMBERS OF THE FINANCE COMMITTEE FROM INTERFERING WITH THE PERFORMANCE OF THEIR DUTIES TO, OR RESULT IN PERSONAL FINANCIAL, PROFESSIONAL OR POLITICAL GAIN ON THE PART OF SUCH PERSONS. ANNUALLY A CONFLICT OF INTEREST STATEMENT IS COLLECTED FROM ALL BOARD DIRECTORS AND STAFF MEMBERS. FULL DISCLOSURE, BY NOTICE IN WRITING, SHALL BE MADE BY THE INTERESTED PARTIES TO THE FULL BOARD OF DIRECTORS OF ALL CONFLICTS OF INTEREST. FOLLOWING FULL DISCLOSURE, THE BOARD OF DIRECTORS SHALL DETERMINE WHETHER A CONFLICT EXISTS AND, IF SO, THE BOARD SHALL VOTE TO AUTHORIZE OR REJECT THE TRANSACTION OR TAKE ANY OTHER ACTION DEEMED NECESSARY TO ADDRESS THE CONFLICT. VOTES SHALL BY A MAJORITY VOTE WITHOUT THE PRESENCE OR VOTE OF ANY INTERESTED DIRECTOR, EVEN IF THE DISINTERESTED DIRECTORS ARE LESS THAN A QUORUM PROVIDED THAT AT LEAST ONE DIRECTOR IS DISINTERESTED. AN INTERESTED BOARD MEMBER, OFFICER, OR STAFF MEMBER SHALL NOT PARTICIPATE IN ANY DISCUSSION OR DEBATE OF THE BOARD OF DIRECTORS, OR OF ANY COMMITTEE OR SUBCOMMITTEE THEREOF IN WHICH THE SUBJECT OF DISCUSSION IS A CONTRACT, TRANSACTION, OR SITUATION IN WHICH THERE MAY BE A PERCEIVED OR ACTUAL CONFLICT OF INTEREST. HOWEVER, HE OR SHE MAY MAKE A PRESENTATION AT THE BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE OR SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE MINUTES OF THE MEETING SHALL CONTAIN THE NAMES OF THE PERSONS WHO DISCLOSED OR WERE OTHERWISE FOUND TO HAVE A CONFLICT OF INTEREST, THE NATURE OF THE CONFLICT, ANY ACTION TAKEN TO DETERMINE WHETHER A CONFLICT WAS PRESENT, AND THE BOARD'S DECISION AS TO WHETHER A CONFLICT IN FACT EXISTED. THE MINUTES SHALL ALSO INCLUDE THE NAMES OF THE PERSONS WHO WERE PRESENT FOR DISCUSSIONS AND VOTES RELATING TO THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A ALL PAID STAFF ARE EMPLOYEES OF THE MINNESOTA CHAMBER OF COMMERCE, WHICH USES THE FOLLOWING PROCEDURE TO COMPENSATE EMPLOYEES. COMPENSATION OF TOP MANAGEMENT OFFICIALS IS DETERMINED BY THE COMPENSATION COMMITTEE OF THE MINNESOTA CHAMBER OF COMMERCE, A RELATED TAX-EXEMPT ORGANIZATION. COMPARABILITY STUDIES ARE USED IN DETERMINING COMPENSATION AND DECISIONS ARE DOCUMENTED IN MEETING MINUTES. ALL COMPENSATION OF FOUNDATION STAFF IS REIMBURSED TO THE MINNESOTA CHAMBER OF COMMERCE, AND REPORTED AS STAFF COMPENSATION IN PART IX, STATEMENT OF FUNCTIONAL EXPENSES. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. MINNESOTA CHAMBER OF COMMERCE 380 SAINT PETER STREET 1050 ST PAUL MN 55101 410417210 PROMOTING PUBLIC POLICY & JOB GROWTH STRATEGIES MN 501(C)(6) N/A N/A 0 MINNESOTA WASTE WISE FOUNDATION 380 SAINT PETER STREET 1050 ST PAUL MN 55101 411834630 ASSIST BUSINESSES TO REDUCE WASTE & PROTECT THE ENVIRONMENT MN 501(C)(3) LINE 7 MINNESOTA CHAMBER OF COMMERCE 1 JOBS FOR MINNESOTANS 380 SAINT PETER STREET 1050 ST PAUL MN 55101 611706722 INDEPENDENT EXPENDITURE ORGANIZATION MN 501(C)(4) N/A N/A 0 UNITED FOR JOBS 380 SAINT PETER STREET 1050 ST PAUL MN 55101 462437321 SUPPORTS PRO-BUSINESS PUBLIC POLICY IN MN MN 501(C)(6) N/A N/A 0 PRO JOBS MAJORITY 380 SAINT PETER STREET 1050 ST PAUL MN 55101 273429040 SUPPORTS PRO-BUSINESS CANDIDATES IN MN LEGISLATURE MN 527 N/A MINNESOTA CHAMBER OF COMMERCE 1 MINNESOTA CHAMBER BUSINESS SERVICES 380 SAINT PETER STREET 1050 ST PAUL MN 55101 411254589 MARKET AND PROMOTE PRODUCTS AND SERVICES TO MN CHAMBER MEMBERS MN N/A C 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 MINNESOTA CHAMBER OF COMMERCE C 150000 CASH GRANTS