2024-08-06T09:30:24-05:00 2023-12-31 562353893 AGRESTA STORMS & O'LEARY PC 726 WASHINGTON ST SUITE 200 COLUMBUS IN 47201 990 2023-01-01 237282642 COLUMBUS AREA CHAMBER FOUNDATION INC COLU 8123794457 PO BOX 1390 COLUMBUS IN 472021390 CINDY FREY PRESIDENT 8123794457 2024-08-06 1 1 MICHELLE A CLOUSE EA P01218056 8126573455 2024-08-06 2023 2024-08-08 14:25:15Z CINDY FREY PO BOX 1390 COLUMBUS IN 472021390 971323 0 X N/A X 1973 IN TO ORGANIZE ECONOMIC PROGRAMS TO BENEFIT THE RESIDENTS OF COLUMBUS/BARTHOLOMEW COUNTY. 5 5 0 50 0 0 223234 971323 0 0 0 0 13289 0 236523 971323 32986 579425 0 0 0 0 0 0 0 130899 249035 163885 828460 72638 142863 384306 505599 47561 25991 336745 479608 THE COLUMBUS AREA CHAMBER FOUNDATION ENCOMPASSES A DIVERSE ARRAY OF COMMUNITY PROGRAMS DEDICATED TO FOSTERING ENTREPRENEURSHIP, DRIVING ECONOMIC DEVELOPMENT, AND ATTRACTING AND RETAINING TALENT. 0 0 818290 579425 THE COLUMBUS PROPELLER WAS FORMED IN MARCH 2021 TO CREATE A MAKERSPACE FOR THE COMMUNITY. TARGETED INVESTMENT IN MINORITY ENTREPRENEURS (TIME) WAS CREATED TO BUILD FINANCIAL BRIDGES AND INCREASE THE LIKELIHOOD OF SUCCESS FOR LOCAL MINORITY ENTREPRENEURS. THE FOUNDATION RECEIVES THE FUNDING FOR TIME AND MANAGES THE EXPENSES. VELOCITIES IS A REGIONAL PARTNERSHIP WITH ELEVATE VENTURES AND THE MILL BASED IN BLOOMINGTON. VELOCITIES OFFERS ONE-ON-ONE MENTORING AND EARLY STAGE CAPITAL AND EDUCATIONAL PROGRAMS. THE FOUNDATION IS THE FISCAL AGENT FOR ALL THREE PROGRAMS. IN 2023, THE PROAM TOURNAMENT WAS CREATED AS A FUNDING AID FOR THE COLUMBUS PROPELLER PROGRAM. 818290 1 1 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 8 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 IN X CINDY FREY 8123794457 500 FRANKLIN ST COLUMBUS IN 47201 X JOHN SADTLER BOARD MEMBER 1.00 X 0 0 0 MANDY WYANT BOARD MEMBER 1.00 X 0 0 0 TARA BOARD BOARD MEMBER 1.00 X 0 0 0 CINDY FREY PRESIDENT 1.00 X X 0 0 0 JONAS HOWELL BOARD MEMBER 1.00 X 0 0 0 NICK SPRAGUE BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 971323 971323 971323 0 0 0 579425 579425 11785 1625 10160 5223 5223 9541 9531 10 43321 43321 17338 17338 5755 5755 EVENT EXPENSES 124324 124324 MAINTENANCE 20714 20714 SECURITY 11034 11034 828460 818290 10170 0 172958 279968 240067 25927 182984 214140 28364 11491 384306 505599 11697 0 35864 25991 47561 25991 X 161823 200147 174922 279461 336745 479608 384306 505599 142863 0 X 1 X 0 0 0 X X 1 COLUMBUS AREA CHAMBER 350240270 6 1 48919 0 1 48919 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 SECTION A, LINE 3B COLUMBUS AREA CHAMBER FOUNDATION, INC. BOARD OF DIRECTORS REVIEWS THE FORM 990 OF THE SUPPORTED ORGANIZATION. SECTION A, LINE 3C COLUMBUS AREA CHAMBER FOUNDATION, INC. ENSURES ALL SUPPORT WAS USED EXCLUSIVELY FOR SECTION 170(C)(2) BY HAVING COMMON BOARD MEMBERS THAT ARE AWARE OF THE SUPPORTED ORGANIZATIONS ACTIVITY. SECTION C, LINE 1 THE SUPPORTED ORGANIZATION HAS FOUR DIRECTORS THAT ARE REPRESENTATIVES. FROM THE SAME ORGANIZATIONS THAT ARE ALSO REPRESENTED BY INDIVIDUALS ON THE BOARD OF THE SUPPORTING ORGANIZATION. IN OTHER WORDS, THE ORGANIZATIONS HAVE FOUR DIRECTORS THAT WORK FOR THE SAME COMPANIES. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 191573 21361 170212 48494 4566 43928 214140 CURRENT MATURITIES OF OPERATING LEASE OBLIGATIONS 18991 DUE TO RELATED PARTY 7000 25991 X PART X, LINE 2: THE FOUNDATION EVALUATES ALL SIGNIFICANT TAX POSITIONS. AS OF DECEMBER 31, 2023, THE FOUNDATION DOES NOT BELIEVE THAT IT HAS TAKEN ANY TAX POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITY, NOR DOES IT BELIEVE THAT THERE ARE ANY UNREALIZED TAX BENEFITS THAT WOULD EITHER INCREASE OR DECREASE WITHIN THENEXT 12 MONTHS. THE FOUNDATION'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE APPROPRIATE REGULATORY AUTHORITIES; THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE FOUNDATION BELIEVES IT IS NO LONGER SUBJECT TO TAX EXAMINATIONS FOR YEARS PRIOR TO 2020. 0 COLUMBUS AREA CHAMBER OF COMMERCE 236 CALIFORNIA ST COLUMBUS IN 47201 406435 0 FAIR VALUE COMMISSION FUNDS FOR NEW BUILDING GREATER COLUMBUS INDIANA EDC 440 5TH ST COLUMBUS IN 47201 52000 0 FAIR VALUE FUNDS TO ASSIST MINORITY OWNED BUSINESSES. A FAST BREAK 2045 MCKINLEY AVE COLUMBUS IN 47201 10000 0 FAIR VALUE FUNDS TO ASSIST MINORITY OWNED BUSINESSES. ADVANCE BUSINESS COMPUTING 832 WASHINGTON ST COLUMBUS IN 47201 7000 0 FAIR VALUE FUNDS TO ASSIST MINORITY OWNED BUSINESSES. BANKIN BABY BBQ 2961 TULIP DR COLUMBUS IN 47203 8500 0 FAIR VALUE FUNDS TO ASSIST MINORITY OWNED BUSINESSES. COACH'S CUTZ 3188 WASHINGTON ST COLUMBUS IN 47201 10000 0 FAIR VALUE FUNDS TO ASSIST MINORITY OWNED BUSINESSES. STYLEZ BY NETTE 5115 N LINCOLN VILLAGE DR COLUMBUS IN 47203 10000 0 FAIR VALUE FUNDS TO ASSIST MINORITY OWNED BUSINESSES. CISCO BARBERSHOP 1719 CENTRAL AVE COLUMBUS IN 47201 7500 0 FAIR VALUE FUNDS TO ASSIST MINORITY OWNED BUSINESSES. FINE LINE PAINTING 1971 CREEK BANK DR COLUMBUS IN 47201 7500 0 FAIR VALUE FUNDS TO ASSIST MINORITY OWNED BUSINESSES. 2 11 FORM 990, PART VI, SECTION B, LINE 11B THE DOCUMENT IS FORMALLY REVIEWED BY THE DIRECTOR AND TREASURER. FORM 990, PART VI, SECTION B, LINE 12C AT THE BEGINNING OF EACH BOARD MEETING, THE CHAIR ASKS WHETHER ANY CONFLICTS OF INTEREST HAVE ARISEN SINCE THE PREVIOUS MEETING. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST COLUMBUS AREA CHAMBER OF COMMERCE INC 500 FRANKLIN STREET COLUMBUS IN 47201 350240270 FUNDING THE CITY OF COLUMBUS IN 501(C)(3) LINE 6 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 COLUMBUS AREA CHAMBER OF COMMERCE INC C 48919 FMV