2024-11-15T12:07:11-05:00 2023-12-31 205916591 BROWN & MCDANIEL CPAS LLC 414 N WESTOVER BLVD STE E ALBANY GA 31707 990 2023-01-01 581821204 ALBANY AREA CHAMBER FOUNDATION INC ALBA 2294348700 225 W BROAD AVENUE ALBANY GA 31701 BARBARA RIVERA HOLMES SECRETARY 2294348700 2024-11-15 true true WILLIAM D MCDANIEL P00189497 2294321956 2024-11-13 2023 2024-10-15 13:58:12Z BARBARA RIVERA HOLMES 87363 false X N/A X 1988 GA THE AIMS AND PURPOSES OF THE ALBANY AREA CHAMBER FOUNDATION SHALL INCLUDE, BUT NOT BE LIMITED TO, THE ADVANCEMENT AND DIFFUSION OF KNOWLEDGE AND UNDERSTANDING OF ECONOMICS, MATTERS OF PUBLIC CONCERN, FINANCE, EDUCATION AND TRAINING, HOUSING, HUMAN RELATIONS, PROBLEMS OF MINORITY GROUPS, SCIENCE AND TECHNOLOGY, ECONOMIC PLANNING AND DEVELOPMENT, INTERNATIONAL RELATIONS, AND OTHER SUBJECTS RELATED TO IMPROVE EFFICIENCY, DEVELOPMENT, INTERNATIONAL RELATIONS AND OTHER SUBJECTS RELATED TO IMPROVE EFFICIENCY, DEVELOPMENT AND ACCELERATION OF BOTH THE QUALITY OF AND QUANTITY OF ECONOMIC GROWTH AND EMPLOYMENT OPPORTUNTITIES. 12 11 0 0 40145 22350 9776 -11501 0 9776 50994 0 0 0 0 0 21174 119892 21174 119892 -11398 -68898 542771 529022 48690 46922 494081 482100 X THE AIMS AND PURPOSES OF THE ALBANY AREA CHAMBER FOUNDATION SHALL INCLUDE, BUT NOT BE LIMITED TO, THE ADVANCEMENT AND DIFFUSION OF KNOWLEDGE AND UNDERSTANDING OF ECONOMICS, MATTERS OF PUBLIC CONCERN, FINANCE, EDUCATION AND TRAINING, HOUSING, HUMAN RELATIONS, PROBLEMS OF MINORITY GROUPS, SCIENCE AND TECHNOLOGY, ECONOMIC PLANNING AND DEVELOPMENT, INTERNATIONAL RELATIONS, AND OTHER SUBJECTS RELATED TO IMPROVE EFFICIENCY, DEVELOPMENT, INTERNATIONAL RELATIONS AND OTHER SUBJECTS RELATED TO IMPROVE EFFICIENCY, DEVELOPMENT AND ACCELERATION OF BOTH THE QUALITY OF AND QUANTITY OF ECONOMIC GROWTH AND EMPLOYMENT OPPORTUNTITIES. false false 84592 22350 EXPENSES FOR ENTREPRENEURIAL AND INNOVATION INITITATIVES INCLUDING "ALBANY- DOUGHERTY COUNTY WORKS TALENT DEVELOPMENT STRATEGY 2.0", "FLEX ABY" (ALBANY'S FIRST YOUTH ENTREPRENEURSIP COMPETITION), AND "PROPEL+" - A YOUTH TALENT DEVELOPMENT INITIATIVE THAT THROUGH CONNECTION NUTURES, PROVIDES FOR AND EMPOWERS ALBANY'S FEMALE YOUTH TO DESIGN THEIR PATHS. 84592 true true false false false false false false false 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 false false false false false false false false false false false false false true 0 0 0 false false false false false false false false false false false false false false X 12 11 false false false false false true false true true false false false false false false false false false GA X ALBANY AREA CHAMBER OF COMMERCE 2294348700 225 W BROAD AVE ALBANY GA 31701 MATT REED CHAIR 1.15 X X 0 0 0 DON GRAY FIRST VICE-C 1.85 X X 0 0 0 JERETHA PETERS SECOND VICE- 1.15 X X 0 0 0 JEFF WRIGHT TREASURER 1.15 X X 0 0 0 BARBARA RIVERA HOLMES SECRETARY 40.00 X X 0 119207 21385 BRIANNA WILSON DIRECTOR 0.46 X 0 0 0 TAYLOR JENKINS DIRECTOR 0.46 X 0 0 0 DAN GILLAN DIRECTOR 0.46 X 0 0 0 SMITH WILSON DIRECTOR 0.46 X 0 0 0 BRIDGES SINYARD DIRECTOR 0.46 X 0 0 0 SCOTT STEINER DIRECTOR 0.46 X 0 0 0 PERRY REVELL DIRECTOR 1.85 X 0 0 0 119207 21385 false false false 15145 25000 40145 FLEX ABY 611710 22350 22350 22350 13347 13347 1224 26072 -26072 1224 -24848 -26072 1224 10297 15145 10297 50994 -3722 14571 77508 53508 24000 4800 4800 5702 5702 10 10 1102 1102 TALENT 2.0 EXPENSES 14850 14850 FLEX ABY EXPENSES 14569 14569 MEALS 738 738 THRIVE EXPENSES 332 332 281 221 60 119892 84592 35300 0 15056 16176 14240 6545 835 4348 512640 501953 542771 529022 24500 25002 24190 21920 48690 46922 X 274727 258084 219354 224016 494081 482100 542771 529022 -68898 56917 X false false false X 199655 97200 125250 40145 462250 199655 97200 125250 40145 462250 60758 401492 10391 7417 11386 13026 13347 55567 10 10 517827 22350 0.77530 0.78480 X PART II, LINE 10 OTHER INCOME 10 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 512640 45015 50000 5702 501953 621448 -102776 6032 512640 544528 83385 6465 621448 494018 55919 5409 544528 431609 67555 5146 494018 0.55370 0.35680 0.08950 false false SCHEDULE D, PAGE 2, PART V, LINE 4 THE ALBANY AREA CHAMBER FOUNDATION HAS TWO ENDOWMENT FUNDS, ONE WHICH IS PERMANENTLY RESTRICTED FOR THE PURPOSE OF A SCHOLARSHIP FUND FOR DOUGHERTY COUNTY SCHOOL SYSTEM STUDENTS IN ART, LANGUAGE ARTS, AND SOCIAL STUDIES; AND ONE THAT IS BIFURCATED BETWEEN A PERMANENTLY RESTRICTED PORTION WHOSE CORPUS MUST REMAIN INTACT AND A BOARD-DESIGNATED UNRESTRICTED PORTION WHOSE FUNDS MAY BE UTILIZED TO EXECUTE THE FOUNDATION'S STRATEGIC PLAN. THE BIFURCATION OF THE LATTER FOLLOWS DONOR GUIDANCE PROVIDED IN SEPTEMBER 2020. MLK DINNER 25442 15145 10297 7841 2456 25442 15145 10297 7841 2456 10297 FORM 990 - ORGANIZATION'S MISSION THE AIMS AND PURPOSES OF THE ALBANY AREA CHAMBER FOUNDATION SHALL INCLUDE, BUT NOT BE LIMITED TO, THE ADVANCEMENT AND DIFFUSION OF KNOWLEDGE AND UNDERSTANDING OF ECONOMICS, MATTERS OF PUBLIC CONCERN, FINANCE, EDUCATION AND TRAINING, HOUSING, HUMAN RELATIONS, PROBLEMS OF MINORITY GROUPS, SCIENCE AND TECHNOLOGY, ECONOMIC PLANNING AND DEVELOPMENT, INTERNATIONAL RELATIONS, AND OTHER SUBJECTS RELATED TO IMPROVE EFFICIENCY, DEVELOPMENT, INTERNATIONAL RELATIONS AND OTHER SUBJECTS RELATED TO IMPROVE EFFICIENCY, DEVELOPMENT AND ACCELERATION OF BOTH THE QUALITY OF AND QUANTITY OF ECONOMIC GROWTH AND EMPLOYMENT OPPORTUNTITIES. FORM 990, PAGE 6, PART VI, LINE 7A THE CHAIRMAN, CHAIRMAN ELECT, THE IMMEDIATE PAST CHAIRMAN, VICE CHAIRMEN, TREASURER, AND THE PRESIDENT/CEO OF THE ALBANY AREA CHAMBER OF COMMERCE SHALL BE MEMBERS OF THE BOARD AND SHALL SERVE BY RIGHT OF THE OFFICES THEY HOLD IN THE ALBANY AREA CHAMBER OF COMMERCE. THE NUMBER OF DIRECTORS ELECTED AT LARGE SHALL BE NO LESS THAN THREE (3). THE IMMEDIATE PAST CHAIRMAN OF THE CHAMBER SHALL BE THE CHAIRMAN OF THE BOARD OF DIRECTORS. EACH OF THE AT-LARGE DIRECTORS SHALL BE ELECTED FOR A TERM OF THREE (3) YEARS AND SHALL SERVE UNTIL HIS SUCCESSOR HAS BEEN ELECTED AND QUALIFIED. FORM 990, PAGE 6, PART VI, LINE 11B A DETAILED REVIEW IS MADE BY THE PRESIDENT/CEO OF THE ALBANY AREA CHAMBER OF COMMERCE AND THE BOARD IS PROVIDED A COPY FOR REVIEW WITH A PERIOD FOR COMMENTS/QUESTIONS PRIOR TO BEING FILED. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.