2024-02-09T14:47:58-05:00 2023-09-30 030280081 JMM & ASSOCIATES PC 463 MOUNTAIN VIEW DRIVE SUITE 403 COLCHESTER VT 05446 990 2022-10-01 030184299 VERMONT CHAMBER OF COMMERCE VERM 8022233443 PO BOX 37 MONTPELIER VT 05601 BETHANY BISHOP PRESIDENT/SECRETARY 8022233443 2024-02-08 true BETHANY BISHOP 999009999 false RANDALL L SARGENT CPA P00136499 8026555665 2024-02-09 2022 2023-04-26 12:10:37Z BETHANY BISHOP PO BOX 37 MONTPELIER VT 05601 1571837 false X WWW.VTCHAMBER.COM X 1950 VT TO ADVANCE THE VERMONT ECONOMY BY WORKING AND SUPPORTING A VIBRANT BUSINESS CLIMATE WITH A LENS OF DIVERSITY, EQUITY, AND INCLUSION. WE ADVOCATE, BUILD COMMUNITY, AND PROVIDE RESOURCES FOR BUSINESSES STATEWIDE. 21 20 25 21 483281 32198 0 1420330 1554788 24020 16817 5094 232 1449444 1571837 0 0 1229691 1321346 0 0 395555 458005 1625246 1779351 -175802 -207514 2151234 1985133 439471 445423 1711763 1539710 X TO ADVANCE THE VERMONT ECONOMY BY WORKING AND SUPPORTING A VIBRANT BUSINESS CLIMATE WITH A LENS OF DIVERSITY, EQUITY, AND INCLUSION. WE ADVOCATE, BUILD COMMUNITY, AND PROVIDE RESOURCES FOR BUSINESSES STATEWIDE. false false TRAVEL AND TOURISM: THE CHAMBER PUBLISHES AND DISTRIBUTES ONE TOURISM GUIDEBOOK ANNUALLY, THE VERMONT ANNUAL INSPIRATION GUIDE, AND MANAGES A STATEWIDE TOURISM BUSINESS DIRECTORY. MEMBERS AND NON-MEMBERS CAN PURCHASE ADVERTISEMENTS AND LISTINGS IN THE MAGAZINE AND DIRECTORY, WHICH ARE BOTH PRINT AND WEB-BASED. MEMBERS ARE PROVIDED A DISCOUNT AS A BENEFIT OF MEMBERSHIP, WHICH FURTHERS THE CHAMBER'S MISSION TO CREATE AN ECONOMIC CLIMATE CONDUCIVE TO BUSINESS GROWTH. EXPENSES RELATED TO TRAVEL AND TOURISM CONSIST PRIMARILY OF PRINTING AND DISTRIBUTION COSTS, AS WELL AS THE SALARIES AND BENEFITS FOR ADVERTISING SALES AND SUPPORT STAFF. EVENTS: THE CHAMBER HOSTS SEVERAL EVENTS THROUGHOUT THE YEAR, GENERATING REVENUE FROM SPONSORSHIPS, EXHIBITION BOOTH SALES AND GENERAL ADMISSION. THE LARGEST EVENTS INCLUDE THE VERMONT ECONOMIC CONFERENCE, THE MANUFACTURING SUMMIT AND THE CITIZEN OF THE YEAR AWARDS. EXPENSES RELATED TO EVENTS ARE RELATED TO EVENT MANAGEMENT AND SUPPORT PERSONNEL, AS WELL AS FACILITY RENTAL, CATERING AND PROMOTIONAL COSTS. MEMBERSHIP: THE CHAMBER'S MEMBERSHIP BASE IS COMPRISED OF ROUGHLY 1,000 VERMONT BUSINESSES THAT PAY DUES ANNUALLY IN AN AMOUNT BASED ON THE SIZE OF THE BUSINESS. MEMBERSHIP PROGRAM EXPENSES CONSIST PRIMARILY OF THOSE RELATING TO SALES PERSONNEL AND MEMBER RECRUITMENT AND RETENTION. GOVERNMENTAL AFFAIRS: THERE ARE FOUR LOBBYISTS EMPLOYED BY THE CHAMBER WHO ADVOCATE ON BEHALF OF VERMONT BUSINESSES ON ISSUES IDENTIFIED AS IMPORTANT TO MEMBERS. THIS IS VIEWED AS A SIGNIFICANT BENEFIT OF MEMBERSHIP IN THE CHAMBER AND DOES NOT GENERATE DIRECT REVENUE. EXPENSES ARE PRIMARILY PERSONNEL-RELATED, AND ALSO INCLUDE ANY OUTSIDE CONSULTING FEES PAID. VACE: THE CHAMBER WAS THE ADMINISTRATOR FOR THE VACE INSURANCE PROGRAM, A GROUP DENTAL AND VISION INSURANCE ASSOCIATION PLAN. THE VACE ASSOCIATION PLAN COVERED NEARLY 1,000 SMALL BUSINESSES IN VERMONT. ALL PREMIUM BILLING, ENROLLMENTS AND CUSTOMER SERVICE WERE HANDLED BY THE CHAMBER STAFF. REVENUE TO THE CHAMBER WAS IN THE FORM OF MONTHLY ADMINISTRATIVE CONTRACT FEES BASED ON THE NUMBER OF SUBSCRIBERS AT THE END OF EACH MONTH. EXPENSES RELATE TO SALARIES, BENEFITS AND POSTAGE. false false false true false false false false false true false false false false true false false false false false false false false false false false false false true false false false false false false false false false false false true false false true 2 0 25 true true true false false false false false false false X 21 20 false false false false true true true true true false false true true true true true true true false false X X SHANNON WILSON 8022622116 PO BOX 37 MONTPELIER VT 05601 BETHANY BISHOP PRESIDENT/SE 40.00 X X 178510 0 19602 PETER MCDOUGALL CHAIR 1.00 X X 0 0 0 TOM DUNN VICE CHAIR 1.00 X X 0 0 0 SHARON ROSSI TREASURER 1.00 X X 0 0 0 JAKE HOLZSCHEITER EXECUTIVE CO 1.00 X X 0 0 0 WILL DOCTO EXECUTIVE CO 1.00 X X 0 0 0 KIM DONAHUE EXECUTIVE CO 1.00 X X 0 0 0 STEVE BOYER DIRECTOR 1.00 X 0 0 0 STEVE GAGNER DIRECTOR 1.00 X 0 0 0 CHRIS KARR DIRECTOR 1.00 X 0 0 0 MANE ALVES DIRECTOR 1.00 X 0 0 0 KATHY AUSTIN DIRECTOR 1.00 X 0 0 0 KEITH JONES DIRECTOR 1.00 X 0 0 0 TERESA KAJENSKI DIRECTOR 1.00 X 0 0 0 ROGER NISHI DIRECTOR 1.00 X 0 0 0 CHIUHO SAMPSON DIRECTOR 1.00 X 0 0 0 SUE BETTE DIRECTOR 1.00 X 0 0 0 MIKE CASELLA DIRECTOR 1.00 X 0 0 0 MONICA GREENE DIRECTOR 1.00 X 0 0 0 BILL NUPP DIRECTOR 1.00 X 0 0 0 SAS STEWART DIRECTOR 1.00 X 0 0 0 178510 19602 1 false true false MEMBERSHIP DUES 900099 586962 586962 PUBLICATIONS 541800 277676 277676 VACE ADMIN FEES 900099 205605 205605 MANAGEMENT CONTRACTS 900099 194027 194027 EVENTS 900099 181600 181600 108918 108918 1554788 16817 16817 OTHER INCOME 900099 232 232 232 1571837 1071739 483281 16817 199300 950346 28553 57879 85268 13230 13049 129419 38488 71268 42204 17409 56251 15575 16399 MISCELLANEOUS 27919 DUES AND SUBSCRIPTIONS 14300 BAD DEBT 1494 DUES & SUBSCRIPTIONS 990T 1000 1779351 0 0 0 300 500 837774 673075 151226 64362 11205 22050 731954 361167 361954 370787 788775 854359 2151234 1985133 157964 79358 277169 361727 4338 4338 439471 445423 X 1711763 1539710 1711763 1539710 2151234 1985133 -207514 35461 X true X false true false false false false 586962 107198 107198 146740 -39542 53156 53156 460583 175678 284905 43508 34154 9354 149675 146746 2929 25032 4589 20443 370787 X SCHEDULE D, PAGE 3, PART X THE CHAMBER BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. false false false BETHANY BISHOP PRESIDENT/SECRETARY 178510 7140 12462 198112 FORM 990, PAGE 2, PART III, LINE 4D GOVERNMENTAL AFFAIRS: THERE ARE FOUR LOBBYISTS EMPLOYED BY THE CHAMBER WHO ADVOCATE ON BEHALF OF VERMONT BUSINESSES ON ISSUES IDENTIFIED AS IMPORTANT TO MEMBERS. THIS IS VIEWED AS A SIGNIFICANT BENEFIT OF MEMBERSHIP IN THE CHAMBER AND DOES NOT GENERATE DIRECT REVENUE. EXPENSES ARE PRIMARILY PERSONNEL-RELATED, AND ALSO INCLUDE ANY OUTSIDE CONSULTING FEES PAID. VACE: THE CHAMBER WAS THE ADMINISTRATOR FOR THE VACE INSURANCE PROGRAM, A GROUP DENTAL AND VISION INSURANCE ASSOCIATION PLAN. THE VACE ASSOCIATION PLAN COVERED NEARLY 1,000 SMALL BUSINESSES IN VERMONT. ALL PREMIUM BILLING, ENROLLMENTS AND CUSTOMER SERVICE WERE HANDLED BY THE CHAMBER STAFF. REVENUE TO THE CHAMBER WAS IN THE FORM OF MONTHLY ADMINISTRATIVE CONTRACT FEES BASED ON THE NUMBER OF SUBSCRIBERS AT THE END OF EACH MONTH. EXPENSES RELATE TO SALARIES, BENEFITS AND POSTAGE. FORM 990, PAGE 6, PART VI, LINE 6 THE VERMONT CHAMBER OF COMMERCE CONSISTS OF MEMBERS, WHICH ARE EITHER, INDIVIDUALS, FIRMS, CORPORATIONS, CHAMBERS OF COMMERCE, COMMUNITY AND COOPERATIVE ORGANIZATIONS AND ASSOCIATIONS WHO MAKE A FINANCIAL CONTRIBUTION IN SUPPORT OF THIS CHAMBER. THE MEMBERS ARE ALL ENTITLED TO ONE VOTE ON EACH MATTER THAT IS SUBMITTED TO A VOTE OF ALL MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7A THE MEMBERS SHALL ATTEND THE ANNUAL MEETING HELD IN SEPTEMBER EACH YEAR FOR THE PURPOSE OF ELECTING BOARD MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7B DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS IN RARE INSTANCES. IF THERE ARE SUCH INSTANCES THEN THEY WILL BE PRESENTED TO THE MEMBERS AT THE ANNUAL MEETING IN OCTOBER OR AT A SPECIAL MEETING CALLED BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 11B THE DRAFT OF THE 990 IS REVIEWED BY MANAGEMENT PRIOR TO FILING. FINAL YEAR END REPORTS ARE REVIEWED WITH THE BOARD'S FINANCE COMMITTEE WITH THE AUDITORS, AND THEN TO THE BOARD. FORM 990, PAGE 6, PART VI, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED, COLLECTED AND REVIEWED EACH YEAR FOR EACH BOARD MEMBER. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD HAS A COMPENSATION COMMITTEE WITH A SPECIFIC PROCESS AND CRITERIA FOR EVALUATING THE PRESIDENT'S COMPENSATION EACH YEAR. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. VT CHAMBER OF COMMERCE SERVICES INC 751 GRANGER ROAD BARRE VT 05641 462586773 INS CONS. VT VT CHAMBER C CORP false false false false false false false false false false false false false false false false false false false false