2024-11-05T16:36:14+00:00 2023-12-31 440160260 Forvis Mazars LLP 14221 Dallas Parkway Suite 400 Dallas TX 75254 990 2023-01-01 237360214 QUALITY OF LIFE FOUNDATION FOR METROPOLITAN DALLAS QUAL 2147466720 500 N AKARD STREET SUITE 2600 DALLAS TX 75201 ANGELA FARLEY TREASURER 9727028262 2024-11-05 true Jeanette Verrelli P00742631 9727028262 2024-11-05 2023 2024-10-15 13:58:12Z DALE A PETROSKEY 500 N AKARD STREET SUITE 2600 DALLAS TX 75201 728640 false X N/A X 1969 TX TO PROMOTE EDUCATION AND THE COMMUNITY LIFE OF METROPOLITAN DALLAS IN CULTURAL AND SOCIAL ASPECTS. 5 4 0 60 0 0 704148 677125 48485 51515 0 0 0 0 752633 728640 675218 502371 0 0 0 0 0 0 0 156791 91633 832009 594004 -79376 134636 446612 239767 346270 4789 100342 234978 SEE Schedule O FOR FULL VERBIAGE. false false 490000 490000 QUALITY OF LIFE FOUNDATION FOR METROPOLITAN DALLAS PROVIDED GRANTS FOR NUMEROUS PROGRAMS IN THE AREAS OF EDUCATION & WORKFORCE, LEADERSHIP, COMMUNITY ENGAGEMENT AND OTHER AREAS WHICH BENEFITTED THE REGION'S BUSINESS'S AND ECONOMICALLY DISTRESSED COMMUNITIES. 65855 51515 QUALITY OF LIFE FOUNDATION FOR METROPOLITAN DALLAS (QOL) RECOGNIZED $51,515 OF THE REVENUE RELATED TO A PAYMENT RECEIVED FROM EDUCATION STRATEGY GROUP SO THAT QOL COULD INCORPORATE BEST PRACTICES AND EVIDENCE-BASED TOOLS INTO THEIR CURRENT CAREER PATHWAYS WORK TO EXPAND AND ACTIVATE HIGH SCHOOL STUDENT NETWORKS. 17825 12371 0 LEADERSHIP DALLAS CLASS PROJECTS ARE SERVICE PROJECTS THAT ARE ORGANIZED, COORDINATED, FUNDRAISED AND EXECUTED BY THE LEADERSHIP DALLAS COHORTS. THE COHORTS INCLUDES A RANGE OF PROFESSIONAL EXPERTISE, INCLUDING OPERATIONS, TECHOLOGY, LEGAL, AND CONSULTING ACROSS A RANGE OF DIVERSE INDUSTRIES. DURING 2023 THE GROUP CLASSES: 1) Developed, executed a consulting plan for Bonton Farms including over 2500 volunteer hours and securing two national partners to continue the work beyond the project. The information generated will be useful to multiple non-profits in the region. 2) Worked with the Dallas 911 Call Center Operations, including over 250 volunteer hours, working with the 911 Call Center team and partners to improve the information and processes used to communicate and educate the residents, including children, and businesses in the Dallas Region about the needs and ways to utilize the 911 Call Center in an emergency or non-emergency situation. 573680 true true false false false false false false false false false false false false false false true false false false false false false false false false true false true false false false false false false false false false false false false false true true false true false true 0 0 0 false false false false false false false false false false false false X 5 4 false false false false false false false true true false false true true true true true true false false false X ANGELA FARLEY 2147466725 500 N AKARD STREET SUITE 2600 DALLAS TX 75201 BOB PRAGADA DRC IMMEDIATE PAST CHAIR 1.0 3.0 X X 0 0 0 CYNT MARSHALL DRC Chair Elect 2024 1.0 3.0 X X 0 0 0 DALE PETROSKEY President 1.0 39.0 X X 0 625224 381118 RAFAEL LIZARDI DRC CHAIR PERSON 1.0 3.0 X X 0 0 0 RAY SEDEY DRC BOARD SECRETARY 1.0 3.0 X X 0 0 0 ANGELA FARLEY Treasurer 1.0 39.0 X 0 378964 138984 JARRAD TOUSSANT Vice President 1.0 39.0 X 0 210753 54389 LATOSHA HERRON-BRUFF board secretary 1.0 39.0 X 0 211083 73108 0 1426024 647599 0 false true false 0 677125 677125 PARTNERS IN EDUCATION 900099 51515 51515 0 0 0 0 51515 0 0 0 0 0 0 0 0 0 728640 51515 0 0 502371 502371 0 0 0 0 324 324 Partners in Education 65855 65855 Administrative Support 20000 20000 Leadership Class Projects 5454 5454 0 0 0 0 594004 573680 20324 0 444087 239716 2525 51 0 0 0 0 0 0 0 0 0 0 0 0 446612 239767 4789 51515 0 0 294755 0 346270 4789 X 100342 234978 100342 234978 446612 239767 134636 0 X false true X true false X 727159 448450 527237 704148 677125 3084119 0 0 727159 448450 527237 704148 677125 3084119 1042451 2041668 1315 16 1331 0 0 0 0 0 0 0 3085450 100000 0.6617 0.7487 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 728640 0 0 728640 0 0 728640 594004 0 0 594004 0 0 594004 Schedule D, Part X, Line 2 ASC 740 FOOTNOTE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. true DALLAS REGIONAL CHAMBER 500 NORTH AKARD STREET SUITE 2600 Dallas TX 75201 750223440 501(C)(6) 490000 ECONOMIC DEVELOPMENT TALENT ATT., ETC Bonton Enterprises 2612 Valentine St Dallas TX 75215 813243887 501(C)(3) 12371 Leadership Class Project 1 1 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. GRANTS ARE MADE AND PAID TO THE DALLAS REGIONAL CHAMBER, A RELATED ORGANIZATION, BASED ON DOLLARS RECEIVED BY QUALITY OF LIFE FOUNDATION FOR VARIOUS PROGRAMS, INCLUDING BUT NOT LIMITED TO EDUCATION & WORKFORCE, LEADERSHIP AND COMMUNITY ENGAGEMENT/SUPPORT. GRANTS ARE MADE AND PAID IN CONJUNCTION WITH THE LEADERSHIP DALLAS CLASS PROJECT TO AN ORGANIZATION THE LEADERSHIP DALLAS CLASS PROJECT SELECTS, IN CONJUNCTION WITH COMPLETING THEIR ANNUAL COMMUNITY PROJECT. GRANTS ARE MADE FOR ANNUAL TUITION SCHOLARSHIPS FOR SELECTED RECIPIENTS OF THE DALLAS REGIONAL CHAMBER'S LEADERSHIP DALLAS CLASS. THESE GRANTS ARE REPORTED AND RECORDED IN THE QUALITY OF LIFE FOUNDATION FINANCIAL STATEMENTS. false false false false false false false false false DALE PETROSKEY President 0 415396 0 207618 0 2210 0 348446 0 32672 0 1006342 0 207618 ANGELA FARLEY Treasurer 0 281186 0 96488 0 1290 0 118723 0 20261 0 517948 0 96488 LATOSHA HERRON-BRUFF board secretary 0 171936 0 38500 0 647 0 46342 0 26766 0 284191 0 30500 JARRAD TOUSSANT Vice President 0 173567 0 36900 0 286 0 37776 0 16613 0 265142 0 31400 Schedule J, Part I, Line 3 EXECUTIVE COMPENSATION REVIEW QUALITY OF LIFE FOUNDATION HAS NO EMPLOYEES. THE OFFICERS AND KEY EMPLOYEES LISTED ARE EMPLOYEES OF THE DALLAS REGIONAL CHAMBER, A RELATED ORGANIZATION. THE DALLAS REGIONAL CHAMBER MAINTAINS A POLICY REQUIRING ANNUAL REVIEWS OF KEY EXECUTIVE'S COMPENSATION BY THE DALLAS REGIONAL CHAMBER'S EXECUTIVE COMMITTEE. COMPENSATION DECISIONS FOR THESE INDIVIDUALS ARE ASSISTED BY: - INDEPENDENT COMPENSATION CONSULTANT - OTHER ORGANIZATION'S MARKET DATA FROM FORM 990S - COMPENSATION SURVEYS OR STUDIES - REVIEW AND APPROVAL BY THE DALLAS REGIONAL CHAMBER'S COMPENSATION AND EXECUTIVE COMMITTEES Schedule J, Part II, Column (C) RETIREMENT AND OTHER DEFERRED COMPENSATION SOME AMOUNTS IN THIS COLUMN ARE DUE TO BONUSES THAT WERE DEFERRED IN TAX YEAR 2023. THE DEFERRED BONUSES WILL BE REPORTED IN COLUMN B(II) AND COLUMN F WHEN THEY ARE PAID IN TAX YEAR 2024. THE DEFERRED BONUSES FROM TAX YEAR 2022 ARE CURRENTLY BEING REPORTED IN COLUMN B(II) AND COLUMN F. Form 990, Part III, Line 1 ORGANIZATION'S MISSION THE EXCLUSIVE PURPOSE OF THE CORPORATION IS TO PROMOTE THE PUBLIC INTEREST AND WELFARE OF THE GREATER DALLAS METROPOLITAN AREA AND TO FUNCTION TO THAT END AS AN EDUCATIONAL ORGANIZATION DEVOTING ITSELF TO THE BETTERMENT AND WELFARE OF THE GREATER DALLAS METROPOLITAN AREA AND ITS CITIZENS AS FOLLOWS: 1. TO SEEK METHODS OF IMPROVING THE CULTURAL, SOCIAL AND EDUCATIONAL ASPECTS OF THE LIFE STYLE OF THE PEOPLE RESIDING IN THE GREATER DALLAS METROPOLITAN AREA; 2. TO INQUIRE INTO THE CAUSES OF THE FAILURE OF THE INDIVIDUALS WHO RESIDE IN THE GREATER DALLAS METROPOLITAN AREA TO REACH THEIR FULL HUMAN POTENTIAL AND TO EDUCATE THEM TO DO SO; 3. TO GATHER AND TO DISSEMINATE INFORMATION WHICH CONTRIBUTES TO THE BROADENING AND THE ENABLING OF THE HUMAN EXPERIENCE; 4. TO MOTIVATE AND GUIDE EXISTING INSTITUTIONS, ORGANIZATIONS AND AGENCIES, AS WELL AS INDIVIDUALS, IN THE EFFORT TO IMPROVE THE LIVES OF THE PEOPLE IN THE GREATER DALLAS METROPOLITAN AREA; 5. TO DO ALL THINGS NECESSARY AND HELPFUL TO IMPROVE AND ENRICH THE QUALITY OF LIFE IN THE GREATER DALLAS METROPOLITAN AREA. Form 990, Part VI, Line 11b Review of form 990 by governing body THE INDEPENDENT ACCOUNTING FIRM REVIEWS 990 REQUIREMENTS WITH THE AUDIT AND FINANCE COMMITTEE OF THE CHAMBER PRIOR TO COMPLETION OF THE RETURN, AND THE COMMITTEE ALSO REVIEWS THE ACTUAL RETURN PRIOR TO FILING. THE AUDIT AND FINANCE COMMITTEE IS COMPRISED OF DALLAS REGIONAL CHAMBER MEMBERS AND MEMBERS OF MANAGEMENT WHO ARE RESPONSIBLE FOR FINANCIAL GOVERNANCE OF THE DALLAS REGIONAL CHAMBER AND RELATED ORGANIZATIONS. A COPY OF FORM 990 IS MADE AVAILABLE ON A SECURE INTERNET SITE AND A LINK TO THE SITE IS EMAILED TO EACH MEMBER OF THE BOARD SO THAT THEY CAN REVIEW FORM 990. Form 990, Part VI, Line 12c Conflict of interest policy THE CHAMBER CODE OF CONDUCT POLICY INCLUDES AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE TO BE DISTRIBUTED TO ALL BOARD MEMBERS, OFFICERS, KEY EMPLOYEES AND HIGHEST COMPENSATED EMPLOYEES. THIS INFORMATION IS LOGGED IN AND EVALUATED FOR CONFLICTS REQUIRING INDIVIDUALS TO RECUSE THEMSELVES FROM ISSUES THAT MAY PRESENT CONFLICTS, OR IN EXTREME CIRCUMSTANCES, REMOVAL FROM THE BOARD. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST AND AT MANAGEMENT'S DISCRETION. Form 990, Part VII, Section A, Line 1a, Column (F) ESTIMATED AMOUNTS OF OTHER COMPENSATION SOME AMOUNTS IN THIS COLUMN ARE DUE TO THE BONUSES THAT WERE DEFERRED IN TAX YEAR 2023. THE DEFERRED BONUSES WILL BE REPORTED IN COLUMN (E) WHEN THEY ARE PAID IN TAX YEAR 2024. THE DEFERRED BONUSES FROM TAX YEAR 2022 ARE CURRENTLY BEING REPORTED IN COLUMN (E). DALLAS REGIONAL CHAMBER 500 N AKARD STREET SUITE 2600 DALLAS TX 75201 750223440 ECONOMIC DEVelopment TX 501(c)(6) NA false GREATER DALLAS MOMENTUM FOUNDATION 500 N AKARD STREET SUITE 2600 DALLAS TX 75201 752968468 ECONOMIC DEVelopment TX 501(c)(3) PF DRC true DALLAS MOMENTUM INC 500 N AKARD STREET SUITE 2600 DALLAS TX 75201 752940683 ECONOMIC DEVelopment TX 501(c)(6) DRC true false true false false false false false false false false false false false true true true false false false DALLAS REGIONAL CHAMBER B 490000 FMV