2025-11-17T16:33:26-06:00 2024-12-31 840930288 BROCK AND COMPANY CPAS PC 3711 JFK PARKWAY SUITE 317 FORT COLLINS CO 80525 990 2024-01-01 840201983 FORT COLLINS AREA CHAMBER OF COMMERCE FORT 9704823746 225 SOUTH MELDRUM FORT COLLINS CO 80521 ANN HUTCHISON PRESIDENT AND CEO 9704823774 2025-11-16 1 0 KELSIE BOYLE CPA P01833050 9702237855 2024 2025-03-06 01:10:19Z ANN HUTCHISON 225 SOUTH MELDRUM FORT COLLINS CO 80521 2007733 0 X WWW.FORTCOLLINSCHAMBER.COM X 1904 CO THE CHAMBER CHAMPIONS OUR COMMUNITY AND REGION'S QUALITY OF LIFE AND ECONOMIC VITALITY THROUGH STRONG BUSINESS ADVOCACY AND COLLABORATIVE LEADERSHIP. 25 24 17 300 1900 0 543561 613272 1335772 1302359 34108 39792 -71898 0 1841543 1955423 0 0 0 0 438059 458438 0 0 0 2503252 2482513 2941311 2940951 -1099768 -985528 3442549 2632084 668444 693620 2774105 1938464 X THE FORT COLLINS AREA CHAMBER OF COMMERCE CHAMPIONS OUR COMMUNITY AND REGION'S QUALITY OF LIFE AND ECONOMIC VITALITY THROUGH STRONG BUSINESS ADVOCACY AND COLLABORATIVE LEADERSHIP. 0 0 BUSINESS INITIATIVES - FIX NORTH I-25 BUSINESS ALLIANCE: THE ALLIANCE REPRESENTS THE BUSINESS PERSPECTIVE ON ISSUES IMPACTING THE MOBILITY OF THE NORTH I-25 CORRIDOR BETWEEN HIGHWAY 14 AND HIGHWAY 66. THE ALLIANCE IS AN ADVOCACY GROUP THAT: WORKS WITH GOVERNMENT AT ALL LEVELS TO SECURE FUNDING FOR EXPANDING NORTH I-25 TO THREE LANES, COMMUNICATES THE ECONOMIC IMPORTANCE OF A FUNCTIONAL I-25 CORRIDOR, AND EMPOWERS BUSINESSES AND THE PUBLIC TO GET INVOLVED.TALENT AND RECRUITMENT: PROGRAM TO IMPLEMENT STRATEGIES TO INSURE A COMPETITIVE ADVANTAGE FOR AREA EMPLOYERS THROUGH QUALITY WORKERS AND FOR AREA WORKERS THROUGH QUALITY JOBS.UNDER-EMPLOYMENT AND TALENT SHORTAGES ARE A GROWING REGIONAL PROBLEM, WHICH IS EXPECTED TO ACCELERATE AS OLDER WORKERS AGE OUT OF THE WORKFORCE.BUSINESS ENVIRONMENT: THE FORT COLLINS AREA CHAMBER WILL SERVE AS THE VOICE OF BUSINESS TO AGGRESSIVELY ADVOCATE THE PERSPECTIVE OF BUSINESS AND ENSURE PUBLIC OFFICIALS AND RESIDENTS UNDERSTAND THE STRONG CONNECTION BETWEEN BUSINESS VITALITY, JOBS AND HAVING A THE MEANS TO AFFORD PUBLIC SERVICES THAT GREATLY ENHANCE THE QUALITY OF COMMUNITY LIFE, SUCH AS GOOD SCHOOLS, PARKS AND BIKE PATHS. RETAINING KEY EMPLOYERS: THE FORT COLLINS AREA CHAMBER AND KEY PARTNERS WILL DELIBERATELY AND CONSISTENTLY MEET WITH FORT COLLINS-LOVELAND AREA EMPLOYERS TO EXPRESS COMMUNITY SUPPORT FOR THEM AND TO DETERMINE WHAT CAN BE DONE TO HELP THEM. REGIONAL ISSUES SUMMIT: THE REGIONAL ISSUES SUMMIT IS A FORUM THAT BRINGS ATTENTION TO SOME OF THE LARGER ISSUES FACING NORTHERN COLORADO, INCLUDING TRANSPORTATION, EMPLOYMENT TRENDS AND GAPS, AND WATER. NETWORKING AND EDUCATION EVENTS: THESE EVENTS ARE DESIGNED TO PROVIDE A FORUM AND ENCOURAGE MEMBER INTERACTION AND EDUCATION. THE EVENTS INCLUDE BUSINESS AFTER HOURS, THE ANNUAL GOLF TOURNAMENT, LEADS GROUPS, AND OTHER INFORMATIONAL SESSIONS. THE CHAMBER OFFERS MANY PROGRAMS AND SERVICES INCLUDING LEADERSHIP TRAINING,ADVOCACY,BUSINESS SHOWCASES, AND LEADS GROUPS. IT ALSO PRODUCES NEWSLETTERS AND PUBLICATIONS WHICH ARE MAILED TO MEMBERS IN ORDER TO CREATE A CLIMATE IN WHICH BUSINESSES CAN SUCCEED. REVENUES INCLUDE MEMBER DUES THAT ARE NOT SPECIFICALLY ASSOCIATED WITH ANOTHER PROGRAM, BUT WHICH SUPPORT ALL OF THE PROGRAMS.THE CHAMBER SERVES AS THE FISCAL SPONSOR FOR MULTIPLE INDUSTRY SECTOR PARTNERSHIPS BASED IN NORTHERN COLORADO. THESE PARTNERSHIPS REPRESENT COLLABORATIVE EFFORTS AMONG BUSINESS LEADERS TO TACKLE INDUSTRY-SPECIFIC CHALLENGES AND FOSTER GROWTH. AS OF THE YEAR ENDED DECEMBER 31, 2024, THE CHAMBER FULFILLS THE ROLE OF SPONSOR FOR GROUPS OPERATING WITHIN THE HEALTHCARE, CONSTRUCTION, HOSPITALITY, AND NONPROFIT SECTORS. 0 1 0 1 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 67 0 1 17 1 1 1 0 0 0 0 0 0 0 X 25 24 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 X THE CORPORATION 9704823746 225 S MELDRUM FORT COLLINS CO 80521 ANN HUTCHISON PRESIDENT & CEO 50.00 X 145318 0 25235 MILES KAIBURN CHAIR 2.00 X X 0 0 0 BRETT KEMP TREASURER 2.00 X X 0 0 0 JOSH GUERNSEY CHAIR ELECT 2.00 X X 0 0 0 RYAN SCHAEFER IMMEDIATE PAST CHAIR 2.00 X X 0 0 0 MAT DINSMORE BOARD MEMBER 2.00 X 0 0 0 PATRICK MCMEEKIN BOARD MEMBER 2.00 X 0 0 0 KATE BAKER BOARD MEMBER 2.00 X 0 0 0 CLAY BARTLETT BOARD MEMBER 2.00 X 0 0 0 DARIN ATTEBERRY BOARD MEMBER 2.00 X 0 0 0 NICK HAWS BOARD MEMBER 2.00 X 0 0 0 JENNIFER GUERO JOHNSON BOARD MEMBER 2.00 X 0 0 0 DAN PROVAZNIK BOARD MEMBER 2.00 X 0 0 0 LAUREN STOREBY BOARD MEMBER 2.00 X 0 0 0 CARRIE BAUMGART BOARD MEMBER 2.00 X 0 0 0 BRENT KEELE BOARD MEMBER 2.00 X 0 0 0 BRANDON WELLS BOARD MEMBER 2.00 X 0 0 0 DAN SOUKUP BOARD MEMBER 2.00 X 0 0 0 BRANDON GREBE BOARD MEMBER 2.00 X 0 0 0 CARRIE GILLIS BOARD MEMBER 2.00 X 0 0 0 SHERI RIDGEWAY BOARD MEMBER 2.00 X 0 0 0 AMY PEZZANI BOARD MEMBER 2.00 X 0 0 0 KEVIN UNGER BOARD MEMBER 2.00 X 0 0 0 KYLE HENLEY BOARD MEMBER 2.00 X 0 0 0 KRISTIN CANDELLA BOARD MEMBER 2.00 X X 0 0 0 145318 0 25235 1 0 1 0 0 541245 72027 613272 MEMBERSHIP DUES 900099 775545 775545 PROGRAM & SALES REVENU 900099 472574 472574 LEADERSHIP DEVELOPMENT 611430 52340 52340 ADVERTISING INCOME 541800 1900 1900 1302359 34130 34130 57972 52310 5662 5662 5662 1955423 1300459 1900 39792 X 145318 107877 39326 103696 62221 196025 1836 260 36600 58484 47598 51229 1433 653 52419 BUSINESS ADVOCACY 785964 WORKFORCE AND LOCAL INI 423746 EVENTS AND PROGRAMS 301852 COMMITTEE EXPENSES 112042 412372 2940951 282076 253069 293230 232681 1880512 1150486 79297 120339 8753 14281 1155809 739525 436989 416284 274231 295042 187461 149902 3442549 2632084 86221 122163 394732 458349 14572 8615 172919 104493 668444 693620 X 839025 870813 1935080 1067651 2774105 1938464 3442549 2632084 X -985528 5933 80914 63040 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 1301116 78950 275825 354775 117100 237675 25000 25000 826408 496888 329520 304401 242637 61764 416284 DEFERRED COMPENSATION PLAN 104493 RESTRICTED CASH 16188 ERC RECEIVABLE 29221 149902 DEFERRED COMPENSATION PLAN OBLIGATION 104493 104493 X 2022560 5933 63040 68973 1953587 1836 1836 1955423 2939115 0 2939115 1836 1836 2940951 PART X, LINE 2: FOOTNOTE IN THE ORGANIZATION'S FINANCIAL STATEMENTS REGARDING THE ORGANIZATION'S LIABILITY FOR UNCERTAIN TAX POSITIONS. (FROM FORM 990, PAGE 3 LINE 11F) THE CHAMBER ENGAGES IN ACTIVITIES THAT CREATE UNRELATED BUSINESS INCOME. THESE ACTIVITIES GENERALLY INCUR EXPENSES IN EXCESS OF INCOME AND, ACCORDINGLY, NO UNRELATED BUSINESS INCOME TAX HAS EVER BEEN PAID. THESE FINANCIAL STATEMENTS DO NOT INCLUDE A PROVISION FOR INCOME TAXES. THE CHAMBER APPLIES A MORE-LIKELY-THAN-NOT MEASUREMENT METHODOLOGY TO REFLECT THE FINANCIAL STATEMENT IMPACT OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. AFTER EVALUATING THE TAX POSITIONS TAKEN, NONE ARE CONSIDERED TO BE UNCERTAIN, THEREFORE, NO AMOUNTS HAVE BEEN RECOGNIZED AS OF THE YEARS PRESENTED. PART XI, LINE 2D - OTHER ADJUSTMENTS: RESTITUTION RECEIVED 0 0 0 ANN HUTCHISON PRESIDENT & CEO 145318 0 0 0 0 0 8920 0 16315 0 170553 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WILL BE REVIEWED IN DETAIL BY THE CEO AND THE FINANCE DIRECTOR AND BY THE FINANCE COMMITTEE BEFORE THE RETURN IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE FORT COLLINS CHAMBER OF COMMERCE HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT IS PRESENTED TO THE BOARD OF DIRECTORS. THE ORGANIZATION MONITORS ANY CONFLICTS OF INTEREST THROUGHOUT THE YEAR AND REVIEWS THE POLICY EVERY FEW YEARS. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD HAS A COMPENSATION COMMITTEE THAT REVIEWS THE PRESIDENT/CEO'S SALARY. THE REVIEW PROCESS AND THE DECISION IS DOCUMENTED. THE COMMITTEE IS CURRENTLY WORKING ON INCORPORATING COMPARABILITY DATA. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 IS AVAILABLE TO THE PUBLIC, UPON REQUEST, AT THE OFFICE. IN ADDITION, THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE, UPON REQUEST, TO ALL MEMBERS. FORM 990, PART IX, LINE 24E UNCOLLECTIBLE PLEDGE EXPENSE 100,000. SECTOR EVENTS AND PROGRAMS 92,079. MARKETING 86,648. MISCELLANEOUS 71,988. TOTAL RESOURCE CAMPAIGN 57,716. MEMBERSHIP INVESTMENT 3,941. FORM 990, PART XI, LINE 9: RESTITUTION RECEIVED 63,040. FORM 990, PART XII, LINE 2C, AUDIT OVERSIGHT COMMITTEE: THE FINANCE COMMITTEE IS RESPONSIBLE FOR OVERSIGHT OF THE AUDIT. THE FINANCE COMMITTEE SHALL BE APPOINTED ANNUALLY BY THE CHAIR, SUBJECT TO CONFIRMATION BY THE BOARD. THE FINANCE COMMITTEE SHALL ADVISE THE BOARD OF THE FINANCIAL CONDITION OF THE CHAMBER ON A MONTHLY AND ANNUAL BASIS. THE FINANCE COMMITTEE SHALL BE COMPRISED OF THE TREASURER AND AT LEAST THREE ADDITIONAL BOARD MEMBERS. FORM 990, PART XI, LINE 9 DURING THE YEAR ENDED DECEMBER 31, 2024, THE CHAMBER RECEIVED RESTITUTION PAYMENTS TOTALING $63,040 AS PAYMENT FOR A LEGAL JUDGMENT AWARDED IN A PRIOR YEAR. AT THE TIME THE JUDGEMENT WAS AWARDED THERE WAS SIGNIFICANT UNCERTAINTY AS TO THE PROBABILITY OF COLLECTION AND THE AMOUNT THAT WOULD ULTIMATELY BE RECEIVED. ACCORDINGLY, NO RECEIVABLE WAS RECORDED AT THE TIME OF THE JUDGMENT AND SUBSEQUENT COLLECTIONS HAVE BEEN RECORDED ON A CASH BASIS AS FUNDS ARE RECEIVED.