2025-05-29T07:36:29-05:00 2024-09-30 030327374 MCSOLEY MCCOY & CO 118 TILLEY DRIVE STE 202 SOUTH BURLINGTON VT 05403 990 2023-10-01 030108780 LAKE CHAMPLAIN REGIONAL CHAMBER OF COMMERCE INC LAKE 8028633489 60 MAIN STREET 100 BURLINGTON VT 05401 CATHERINE DAVIS PRESIDENT 8028633489 2025-05-27 1 0 CONNIE FELLION P01875413 8026581808 2025-05-27 2023 2025-03-06 01:10:19Z CATHERINE DAVIS 60 MAIN STREET 100 BURLINGTON VT 05401 5941159 0 X WWW.LCCVERMONT.ORG X 1911 VT THE LAKE CHAMPLAIN REGIONAL CHAMBER OF COMMERCE ADVOCATES FOR THE THRIVING PRIVATE SECTOR ECONOMY FOR THE BENEFIT OF ITS MEMBERS AND THE COMMUNITY THROUGH EDUCATION, ADVOCACY AND PROGRAMS. 20 20 29 0 0 0 7585 68345 1978062 2299680 140010 329942 145832 164428 2271489 2862395 0 0 0 0 307677 366733 0 0 0 2071097 2150015 2378774 2516748 -107285 345647 4085756 4476205 1246186 1280598 2839570 3195607 SEE SCHEDULE O 0 0 TOURISM - THE CHAMBER OFFERS VARIOUS SUB-PROGRAMS TO DRIVE TOURISM IN THE AREA. THE OPERATING OF SEVERAL AREA WELCOME CENTERS IS A MAJOR PART OF THIS EFFORT. THE ORGANIZATION OPERATES FIVE REGIONAL WELCOME CENTERS ON INTERSTATE 89 AND US ROUTE 2. EACH LOCATION OFFERS A VARIETY OF TRAVELER INFORMATION FOR THE GREATER BURLINGTON AREA AND VERMONT. THE WILLISTON WELCOME CENTERS ARE STAFFED BY CHAMBER TOURISM PROFESSIONALS. IN ADDITION TO TRAVELER INFORMATION, THE FACILITIES HAVE RESTROOMS, VENDING MACHINES, FREE COFFEE, PAYPHONES AND WIRELESS INTERNET ACCESS. HELLO BURLINGTON IS A DIVISION OF THE CHAMBER DEDICATED TO STIMULATING THE ECONOMIC VITALITY OF GREATER BURLINGTON BY GROWING THE CITY'S BRAND AND DEVELOPING A BALANCED YEAR ROUND TOURISM BUSINESS. TALENTBTV - THE LAKE CHAMPLAIN CHAMBER'S TALENTBTV INITIATIVE FOCUSES ON STRENGTHENING OUR BUSINESS COMMUNITY'S TALENT RECRUITMENT AND RETENTION THROUGH PROGRAMMING AND CONNECTIONS. LEADERSHIP CHAMPLAIN IS AN ANNUAL 10-MONTH PROFESSIONAL DEVELOPMENT AND COMMUNITY ENGAGEMENT PROGRAM OF THE LAKE CHAMPLAIN CHAMBER WITH A MISSION TO FOSTER GROWTH AND LEADERSHIP IN PROFESSIONALS WHO WILL SERVE OUR COMMUNITY NOW AND IN THE FUTURE. GOVERNMENT AFFAIRS - THE LAKE CHAMPLAIN REGIONAL CHAMBER OF COMMERCE ADVOCATES FOR A THRIVING PRIVATE SECTOR ECONOMY FOR THE BENEFIT OF OUR MEMBERS AND COMMUNITY THROUGH EDUCATION, ADVOCACY AND PROGRAMS. THE GOVERNMENT AFFAIRS DIVISION ADVOCATES FOR THE ORGANIZATION, REPRESENTING MEMBERS IN A NON-PARTISAN MANNER ON POLICY ISSUES AFFECTING BUSINESS AT THE LOCAL, REGIONAL, STATE AND FEDERAL LEVELS OF GOVERNMENT. 0 1 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 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 15 0 1 29 1 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 0 1 1 0 X CATHY DAVIS 8028633489 60 MAIN STREET BURLINGTON VT 05401 DAVE LANE CHAIR 1.00 X X 0 0 0 HEATHER ROSS VICE CHAIR 1.00 X X 0 0 0 GREGORY MAGUIRE PAST CHAIR 1.00 1.00 X 0 0 0 ASHLEY WAINER PAST CHAIR 1.00 1.00 X 0 0 0 CHRIS LEFF DIRECTOR 1.00 X 0 0 0 JESSE BRIDGES DIRECTOR 1.00 X 0 0 0 MICHELLE BUSWELL DIRECTOR 1.00 X 0 0 0 RYAN CHAFFIN DIRECTOR 1.00 X 0 0 0 PATRICK GALLIVAN DIRECTOR 1.00 X 0 0 0 ALEX HALPERN DIRECTOR 1.00 X 0 0 0 SUSAN LEONARD DIRECTOR 1.00 X 0 0 0 SARAH RICHARDS DIRECTOR 1.00 X 0 0 0 TINOTENDA TINO CHARLES RUTANHIRA DIRECTOR 1.00 X 0 0 0 RICK VINCENT DIRECTOR 1.00 X 0 0 0 BRAD WORTHEN DIRECTOR 1.00 X 0 0 0 BEN TRAVERSE DIRECTOR 1.00 X 0 0 0 PATRICIA SHIRK DIRECTOR 1.00 X 0 0 0 KAREN WISEHART DIRECTOR 1.00 X 0 0 0 KURT GRUENDLING DIRECTOR 1.00 X 0 0 0 LIZ HUNT DIRECTOR 1.00 X 0 0 0 CATHY DAVIS PRESIDENT 40.00 1.00 X 118923 0 26127 PATRICK O'NEIL VP OF FINANCE & OPS 40.00 1.00 X 111234 0 6694 230157 0 32821 2 0 0 0 0 68345 68345 HELLO BURLINGTON 900099 876073 876073 MEMBERSHIP DUES 900099 473786 473786 SOUTH REST AREA 900099 241801 241801 NORTH REST AREA 900099 241801 241801 466219 466219 2299680 110151 110151 145161 145161 16392 0 16392 16392 16392 3298555 3078764 219791 219791 219791 MISC. INCOME 2875 2875 2875 2862395 2302555 0 491495 X 297956 39581 3482 25714 1834 16135 8609 30029 1009 27803 18385 161920 93 7381 10180 HELLO BURLINGTON 833573 REST AREA EXPENSES 508217 GOVERNMENT AFFAIRS 119976 LEADERSHIP 99343 305528 2516748 1368437 1246312 253928 88037 66618 36699 54539 136918 112701 21447 24217 1681053 1964166 890083 866425 4085756 4476205 85654 79881 270449 334292 890083 866425 1246186 1280598 X 2839570 3195607 2839570 3195607 4085756 4476205 345647 10391 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 473786 30674 30674 142136 -111462 30056 23925 6131 106862 88776 18086 24217 DEFERRED COMPENSATION PLAN INVESTMENTS 339694 ROU ASSET 526731 866425 DEFERRED COMPENSATION LIABILITY 339694 LEASE LIABILITY 526731 866425 X PART X, LINE 2: THE ORGANIZATION ANNUALLY FILES AN IRS FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, TAX RETURN IN THE U.S. FEDERAL JURISDICTION. THE ORGANIZATION ALSO ANNUALLY FILES AND IRS FORM 990-T, EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN, IN THE U.S. FEDERAL JURISDICTION. THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX ELIMINATION BY TAX AUTHORITIES FOR THE YEARS PRIOR TO SEPTEMBER 30, 2021. IN THE NORMAL COURSE OF BUSINESS, THE ORGANIZATION IS SUBJECT TO EXAMINATION BY VARIOUS TAXING AUTHORITIES. ALTHOUGH THE OUTCOME OF TAX AUDITS IS ALWAYS UNCERTAIN, THE MANAGEMENT OF THE ORGANIZATION BELIEVES THAT THERE ARE NO SIGNIFICANT UNRECOGNIZED TAX LIABILITIES AT SEPTEMBER 30, 2024. 1 PART I, LINE 2: THE CHAMBER'S BOARD CHAIR AND PRESIDENT ARE RESPONSIBLE FOR SELECTING GRANTEES. THE PRESIDENT REVIEWS ALL SUPPORTING DOCUMENTATION COLLECTED BY THE FINANCE DEPARTMENT TO DETERMINE THE VALIDITY OF THE EXPENSES BEING SUBMITTED BY THE GRANTEE. ONCE THE PRESIDENT APPROVES THE SUBMISSION A REIMBURSEMENT PAYMENT IS ISSUED TO THE GRANTEE. FORM 990, PART VI, SECTION B, LINE 11B THE LAKE CHAMPLAIN REGIONAL CHAMBER OF COMMERCE MAKES THE 990 AVAILABLE FOR ALL BOARD MEMBERS TO REVIEW PRIOR TO FILING VIA THEIR SECURE PORTAL, VIA EMAIL OR IN HARDCOPY. FORM 990, PART VI, SECTION B, LINE 12C WE HAVE A CONFLICT OF INTEREST POLICY IN OUR EMPLOYEE MANUAL - THE ENTIRE MANUAL IS REVIEWED, ACKNOWLEDGED AND SIGNED OFF ON BY THE EMPLOYEE UPON HIRING. THE EMPLOYEE MANUAL IS UPDATED BY OUTSIDE COUNCIL AND REVIEWED BY STAFF - LAST TIME FORMALLY - 2022 AND IT IS AVAILABLE IN OUR DATABASE FOR EMPLOYEES TO REVIEW/PRINT/ETC., AT ANY TIME. WE ENCOURAGE AND FOSTER OPEN COMMUNICATIONS BETWEEN STAFF & MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 15 THE CHAIR OF THE BOARD SOLICITS FEEDBACK ON THE PRESIDENT'S PERFORMANCE FROM BOARD MEMBERS AND OTHERS THAT ARE DEEMED APPROPRIATE, THE CHAIR ALSO CONFERS WITH MEMBERS OF THE EXECUTIVE COMMITTEE IN MAKING SALARY ADJUSTMENTS. THE CHAIR REVIEWS SALARY AND BENEFIT COMPARABLES FOR BOTH IN-STATE AND OUT OF STATE NON-PROFIT BUSINESSES. EACH YEAR EVERY EMPLOYEE COMPILES A LIST OF THEIR ACCOMPLISHMENTS COMPARED TO THE GOALS SET BY THEIR SUPERVISOR. THE SUPERVISOR THE REVIEWS THIS LIST WITH THE EMPLOYEE. COMPENSATION USUALLY INCREASES ACROSS THE BOARD ANYWHERE BETWEEN 3-5% PER YEAR. ON AN OCCASION, IF THE WAGES SEEM WAY OUT OF LINE, THEY WILL BE ADJUSTED TO MORE BE IN LINE WITH THAT POSITION, RESPONSIBILITES AND COMPARABLES. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 24E MEMBER BAD DEBT 79,218. OTHER EXPENSES 65,007. ADVANCE CHAMPLAIN 59,913. RELOCATION EXPENSES 38,620. ANNUAL DINNER 33,068. LCWC 20,821. WELCOME CENTER EXPENSES 8,881. LAKE CHAMPLAIN OPPORTUNITY FUND 60 MAIN STREET BURLINGTON VT 05401 030366744 CONSULTING VT 501(C)(3) LINE 7 LAKE CHAMPLAIN REGIONAL CHAMBER OF COMMERCE INC 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0 LAKE CHAMPLAIN OPPORTUNITY FUND O 107753 PAYROLL, TAXES AND BENEFITS LAKE CHAMPLAIN OPPORTUNITY FUND Q 1050 AMOUNT PAID