2024-04-22T08:50:58-05:00 2023-06-30 410746749 CLIFTONLARSONALLEN LLP 1525 VALLEY CENTER PARKWAY STE 300 BETHLEHEM PA 180172285 990 2022-07-01 230337580 GREATER LEHIGH VALLEY CHAMBER OF COMMERCE GREA 6107514980 158A NORTHAMPTON STREET EASTON PA 18042 T ANTHONY IANNELLI PRESIDENT 6107514980 2024-04-08 1 T ANTHONY IANNELLI 999009999 0 CARY J GIACALONE II CPA P01799465 6104335501 2024-04-08 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z T ANTHONY IANNELLI 158A NORTHAMPTON STREET EASTON PA 18042 5948430 0 X WWW.LEHIGHVALLEYCHAMBER.ORG X 1917 PA TO IMPROVE THE ECONOMY AND QUALITY OF LIFE IN THE LEHIGH VALLEY METROPOLITAN AREA. 78 77 49 592 309146 0 473744 0 4459338 4510853 124083 80437 324091 331037 5381256 4922327 0 0 0 0 2692016 2841427 0 0 0 2101671 2384435 4793687 5225862 587569 -303535 3461943 3719120 1524869 1980177 1937074 1738943 TO IMPROVE THE ECONOMY AND QUALITY OF LIFE IN THE LEHIGH VALLEY METROPOLITAN AREA. 0 0 PROVIDE SUPERIOR PROGRAMS AND SERVICES FOR THE ORGANIZATION'S MEMBERS AND THE GENERAL PUBLIC, ADVOCATE TO ADVANCE BUSINESS INTERESTS, UNIFY THE BUSINESS COMMUNITY TO LEVERAGE REGIONAL RESOURCES AND CREATE OPPORTUNITIES FOR BUSINESSES TO GROW. 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 65 0 1 49 1 1 1 0 0 0 0 0 0 0 X 78 77 0 0 0 0 1 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X DAWN WERKHEISER 6107514980 158A NORTHAMPTON STREET EASTON PA 18042 ANNE BAUM DIRECTOR 1.00 X 0 0 0 BARRY FISHER DIRECTOR 1.00 X 0 0 0 BRET LUDLOW DIRECTOR 1.00 X 0 0 0 BUDDY LESAVOY DIRECTOR 1.00 X 0 0 0 DONALD CUNNINGHAM DIRECTOR 1.00 X 0 0 0 DOROTA GASIENICA-KOZAK DIRECTOR 1.00 X 0 0 0 PHIL DONATELLI DIRECTOR 1.00 X 0 0 0 LAURIE HACKETT DIRECTOR 1.00 X 0 0 0 LUIS CAMPOS DIRECTOR 1.00 X 0 0 0 PHILLIPS ARMSTRONG DIRECTOR 1.00 X 0 0 0 NANCY DISCHINAT DIRECTOR 1.00 X 0 0 0 PAUL ANTHONY JR DIRECTOR 1.00 X 0 0 0 STEPHEN PATTERSON DIRECTOR 1.00 X 0 0 0 THOMAS GROVES DIRECTOR 1.00 X 0 0 0 BECKY BRADLEY DIRECTOR 1.00 X 0 0 0 DAWN WERKEISER CFO 38.00 2.00 X X 100648 0 9654 DANIELLE JOSEPH EXEC VP - BUSINESS & DIVER 40.00 X X 94543 0 9247 ALISON PICKEL EXEC VP - MEMBER RELATIONS 40.00 X X 113775 0 9953 FIORELLA REGINELLI-MIRABITO DIRECTOR 1.00 X 0 0 0 MICHAEL BUTZ DIRECTOR 1.00 X 0 0 0 JONATHAN HUERTA DIRECTOR 1.00 X 0 0 0 DONNA LOSTOCCO DIRECTOR 1.00 X 0 0 0 DR TINA RICHARDSON DIRECTOR 1.00 X 0 0 0 DAVID JONES DIRECTOR 1.00 X 0 0 0 RALPH EBERHARDT DIRECTOR 1.00 X 0 0 0 MIKE LICHTENBERGER DIRECTOR 1.00 X 0 0 0 LAMONT MCCLURE DIRECTOR 1.00 X 0 0 0 ALEX MICHAELS DIRECTOR 1.00 X 0 0 0 GEORGE B LEHR DIRECTOR 1.00 X 0 0 0 MICHAEL GIBSON DIRECTOR 1.00 X 0 0 0 KEVIN LEWIS DIRECTOR 1.00 X 0 0 0 CAROL OBANDO-DERSTINE DIRECTOR 1.00 X 0 0 0 TOM STOUDT DIRECTOR 1.00 X 0 0 0 MURAT GUZEL DIRECTOR 1.00 X 0 0 0 ANN MARIE SUPINSKI DIRECTOR 1.00 X 0 0 0 NANCY TRESKOT DIRECTOR 1.00 X 0 0 0 ASHLEY RUSSO DIRECTOR 1.00 X 0 0 0 MICHAEL WOODLAND DIRECTOR 1.00 X 0 0 0 CARA BUTZ DIRECTOR 1.00 X 0 0 0 JOSH A CLARKSON DIRECTOR 1.00 X 0 0 0 JIM FERRY DIRECTOR 1.00 X 0 0 0 RUSSELL FLETCHER DIRECTOR 1.00 X 0 0 0 KATARAH JORDAN DIRECTOR 1.00 X 0 0 0 MARY KOSITZ DIRECTOR 1.00 X 0 0 0 JUAN MARTINEZ DIRECTOR 1.00 X 0 0 0 MARLEA MCADOO DIRECTOR 1.00 X 0 0 0 HOWARD MELLER DIRECTOR 1.00 X 0 0 0 REBECCA NEWSOM DIRECTOR 1.00 X 0 0 0 MICHAEL PERRY DIRECTOR 1.00 X 0 0 0 ROBERT RITTER DIRECTOR 1.00 X 0 0 0 JOHN ROSARIO DIRECTOR 1.00 X 0 0 0 KIMBERLEE ROSARIO DIRECTOR 1.00 X 0 0 0 AMY SAUL DIRECTOR 1.00 X 0 0 0 CANDI STAURINOS DIRECTOR 1.00 X 0 0 0 CARMEN TORO DIRECTOR 1.00 X 0 0 0 T ANTHONY IANNELLI PRESIDENT/CEO 38.00 2.00 X X 253420 0 15145 FRANK FACCHIANO COO/EXEC VP - MEMBER RELAT 40.00 X X 182084 0 11420 JESSICA O'DONNELL EVP AFFILIATED CHAMBERS 40.00 X X 159798 0 11150 JOHN HAYES CHAIR 1.00 X X 0 0 0 MARY LISICKY VICE CHAIR 1.00 X X 0 0 0 JEFFREY BERDAHL TREASURER 1.00 X X 0 0 0 MICHELE MCGRATH DIRECTOR 1.00 X 0 0 0 MARY MOELLER DIRECTOR 1.00 X 0 0 0 JOHN NESPOLI DIRECTOR 1.00 X 0 0 0 PATRICK REILLY DIRECTOR 1.00 X 0 0 0 JILL SMALE DIRECTOR 1.00 X 0 0 0 SARAH WALLACE DIRECTOR 1.00 X 0 0 0 AJ SUERO DIRECTOR 1.00 X 0 0 0 DANIELLE ADAMS DIRECTOR 1.00 X 0 0 0 KRISTA BERARDELLI DIRECTOR 1.00 X 0 0 0 WILLIAM BROWN DIRECTOR 1.00 X 0 0 0 MEGHAN BURKE DIRECTOR 1.00 X 0 0 0 AARON COLEMAN DIRECTOR 1.00 X 0 0 0 ADRIAN COUSENS DIRECTOR 1.00 X 0 0 0 ARTHUR DORN DIRECTOR 1.00 X 0 0 0 LEIGH EHRLICH DIRECTOR 1.00 X 0 0 0 SARAH FINNEY-MILLER DIRECTOR 1.00 X 0 0 0 RICKY GOWER DIRECTOR 1.00 X 0 0 0 CHRISSY HIXSON DIRECTOR 1.00 X 0 0 0 MURTAZA SAFDERALI JAFFER DIRECTOR 1.00 X 0 0 0 DAVID KERPER DIRECTOR 1.00 X 0 0 0 ANDREW LAWLER DIRECTOR 1.00 X 0 0 0 JOANNE LEASURE DIRECTOR 1.00 X 0 0 0 NICK MAXELL DIRECTOR 1.00 X 0 0 0 904268 0 66569 5 0 1 0 0 COUNCIL PROGRAMS 812900 2746811 2746811 MEMBERSHIP DUES 812900 1089145 1089145 PROGRAM SUPPORT 812900 667621 667621 PUBLICATIONS 812900 7276 7276 4510853 86268 86268 1020272 1026103 -5831 -5831 -5831 ADVERTISING 541800 309146 309146 OTHER INCOME 900099 15391 15391 MANAGEMENT FEES 561499 6500 6500 331037 4922327 4532744 309146 80437 1028140 1447938 37060 131396 196893 33646 12871 6149 260362 175591 216776 90801 5948 22615 COUNCIL PROGRAMS 1341477 MISC EXP 170625 MEMBERSHIP 40150 BAD DEBT 7424 5225862 146465 117164 882988 452044 11737 8970 366742 453981 21501 28180 127231 118671 14508 8560 2014221 2182673 3781 467548 3461943 3719120 124955 182389 856361 900863 543553 896925 1524869 1980177 X 1937074 1738943 1937074 1738943 3461943 3719120 -303535 105404 0 X X 0 1 X 1 0 0 1 0 127231 118671 8560 8560 OPERATING LEASE RIGHT-OF-USE 418822 FINANCE LEASE RIGHT-OF-USE 48726 467548 SPECIAL PROJECTS 402557 DUE TO A RELATED PARTY 3817 OPERATING LEASE LIABILITIES 441133 FINANCE LEASE LIABILITIES 49418 896925 X 4842144 105404 136430 241834 4600310 12871 309146 322017 4922327 5040275 136430 -309146 -172716 5212991 12871 12871 5225862 PART X, LINE 2: NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE CONSOLIDATED FINANCIAL STATEMENTS SINCE THE CHAMBER IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND THE FOUNDATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR STATE PROVISIONS. HOWEVER, INCOME FROM ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE, IF ANY, WOULD BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE ORGANIZATION COMPLIES WITH GUIDANCE FOR UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FASB ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY TAX AUTHORITIES. AS OF JUNE 30, 2023 AND 2022, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: UNRELATED BUSINESS INCOME 309,146. PART XII, LINE 2D - OTHER ADJUSTMENTS: UNRELATED BUSINESS INCOME NETTED IN MARKETING AND PUBLICATIONS -309,146. X X 1 1 X X X 0 0 0 T ANTHONY IANNELLI PRESIDENT/CEO 253420 0 0 0 0 0 7594 0 7551 0 268565 0 0 0 FRANK FACCHIANO COO/EXEC VP - MEMBER RELAT 182084 0 0 0 0 0 5132 0 6288 0 193504 0 0 0 JESSICA O'DONNELL EVP AFFILIATED CHAMBERS 159798 0 0 0 0 0 4849 0 6301 0 170948 0 0 0 PART I, LINE 1A PER EXECUTIVE CONTRACT, THE ORGANIZATION PAYS THE CEO'S HEALTH AND PROVIDES AN ANNUAL DISCRETIONARY SPENDING ACCOUNT. THESE FEES PAID ARE INCLUDED IN HIS W-2 AS TAXABLE INCOME. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS THAT JOIN TO RECEIVE THE MANY BENEFITS OFFERED BY THE ORGANIZATION. THE MEMBERS HOWEVER, DO NOT HAVE VOTING RIGHTS TO APPROVE THE APPOINTMENT OF THE DIRECTORS OR TO RECEIVE DISTRIBUTIONS OF ASSETS OR INCOME FROM THE ORGANIZATION. THE MEMBERS ARE GIVEN THE RIGHT TO VOTE ON AND APPROVE OF MAJOR DECISIONS THAT AFFECT THE ORGANIZATION AS A WHOLE. FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEES HAVE THE AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM WILL BE REVIEWED BY THE AUDIT COMMITTEE FOR VERIFICATION OF INFORMATION SUBMITTED. AFTER REVIEW AND APPROVAL BY THE AUDIT COMMITTEE AND PRESIDENT, THE FORM 990 WILL BE DISTRIBUTED TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO FILING. ONLY AFTER THIS PROCESS WILL THE FORM 990 BE FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS AND ENFORCES THE POLICY BY REQUIRING ALL BOARD OF DIRECTORS TO SIGN, ANNUALLY, A CONFLICT OF INTEREST POLICY STATING THAT THEY DO NOT HAVE ANY CONFLICTS OF INTEREST WITH THE ORGANIZATION. A MEMBER OF THE EXECUTIVE COMMITTEE MONITORS COMPLIANCE WITH THIS POLICY AND RESOLVES ANY CONFLICTS AS THEY ARISE. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DETERMINES COMPENSATION FOR TOP MANAGEMENT OFFICIALS THROUGH A REVIEW BY INDEPENDENT PERSONS, COMPARABILITY DATA, AND SUBSTANTIATION AND DELIBERATION BY THE BOARD. THERE IS ALSO A COMPENSATION COMMITTEE FOR THE PRESIDENT AND STUDIES SUCH AS THE STUDY PREPARED BY THE AMERICAN CHAMBER OF COMMERCE ARE REVIEWED FOR COMPARABILITY. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORM 990 IS AVAILABLE UPON REQUEST. THE ORGANIZATION FILED IT'S FORM 1023 BEFORE JULY 1987 AND IS EXEMPT FROM THE IRS REQUIREMENT OF SUPPLYING OR SHOWING ITS FORM 1023 TO ANYONE REQUESTING THIS DOCUMENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990 PART XI LINE 2C THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT OVERSEES THE WORK PERFORMED, COMPENSATION OF, AND CHOOSING OF THE INDEPENDENT AUDITOR. GREATER LEHIGH VALLEY CHAMBER OF COMMERCE FOUNDATION 158A NORTHAMPTON STREET EASTON PA 18042 222626110 VALLEY WIDE ADVOCATE FOR BUSINESS & COMMUNITY DEVELOPMENT PA 501(C)(3) 170(B)(1)(A)(VI) 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 GREATER LEHIGH VALLEY CHAMBER OF COMMERCE- FOUNDATION O 30000 CASH GREATER LEHIGH VALLEY CHAMBER OF COMMERCE- FOUNDATION S 6500 CASH