Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| PROGRAM SERVICE | FORM 990, PART III, LINE 4C | CONTINUED FROM FORM 990 PAGE 2: THE CHAMBER ACTIVELY PARTICIPATED IN THE GOOD GOVERNMENT COMMITTEE WHICH RECRUITS AND SUPPORTS CANDIDATES FOR SPRINGFIELD CITY COUNCIL. THE CHAMBER ALSO CREATED THE "VOICE OF BUSINESS" COMMITTEE TO COMMUNICATE A PRO-BUSINESS MESSAGE AND ENCOURAGE LOCAL GOVERNMENT OFFICIALS TO TAKE A BALANCED APPROACH ON POLICY TOPICS. THE ADVOCACY EFFORTS OF THE CHAMBER ALSO HIGHLIGHTED THE RED FLAG ISSUE OF INCREASING RATES OF POVERTY IN THE SPRINGFIELD AREA AND THE SOCIAL AND ECONOMIC CONSEQUENCES IT REPRESENTS FOR OUR COMMUNITY. ON THE ISSUE OF ENGAGEMENT, THE CHAMBER TOOK A LEADERSHIP ROLE IN ENCOURAGING FURTHER CIVIC ENGAGEMENT, WITH A PARTICULAR FOCUS ON UNDERREPRESENTED SEGMENTS OF THE POPULATION. THE CHAMBER ALSO ACTIVELY COMMUNICATED THE CONNECTION BETWEEN A CULTURALLY DIVERSE COMMUNITY AND ECONOMIC SUSTAINABILITY THROUGH EDUCATION AND ENGAGEMENT OF BUSINESSES AND FAITH-BASED ORGANIZATIONS TO CREATE A COMMUNITY CULTURE THAT IS LESS ISOLATED AND MORE OPEN TO ALL. |
| BOARD RELATIONSHIPS | FORM 990, PART VI, SECTION A, LINE 2 | NORM RIDDER AND JOHN WILSON HAVE A BUSINESS RELATIONSHIP. |
| SIGNIFICANT CHANGES TO ORGANIZATIONAL DOCUMENTS | FORM 990, PART VI, SECTION A, LINE 4 | IN NOVEMBER, 2010, THE ORGANIZATION UPDATED ITS BYLAWS, AND THE FOLLOWING SIGNIFICANT CHANGE WAS MADE. ARTICLE VII, SECTION 2(D) - THE PRESIDENT, IMMEDIATE PAST CHAIRMAN, PRESIDENT OF THE SPRINGFIELD BUSINESS DEVELOPMENT CORPORATION OR HIS/HER DESIGNEE, CHAIRMAN OF THE NETWORK ADVISORY COMMITTEE OR HIS/HER DESIGNEE, AND NOT MORE THAN THREE PERSONS HOLDING POSITIONS OF HONOR IN SPRINGFIELD SUCH AS THE PRESIDENT OR OTHER CHIEF OFFICER OF A GOVERNMENTAL, CIVIC, PROFESSIONAL, OR OTHER ORGANIZATION SHALL BE EX-OFFICIO DIRECTORS. EXCEPT FOR THE PRESIDENT OF THE CHAMBER, THE EX-OFFICIO DIRECTORS SHALL SERVE AS VOTING MEMBERS OF THE BOARD. |
| MEMBERS OR STOCKHOLDERS | FORM 990, PART VI, SECTION A, LINE 6 | THE ORGANIZATION HAS CHAMBER BUSINESS MEMBERS. THE ORGANIZATION'S BYLAWS STATE ANY INDIVIDUAL, CORPORATION, PARTNERSHIP, OR ANY OTHER ENTITY OF GOOD STANDING, INTERESTED IN THE PROMOTION OF THE PURPOSES OF THE ORGANIZATION, SHALL BE ELIGIBLE TO BE A MEMBER. ANNUAL MEMBERSHIP DUES ARE REQUIRED. THE BOARD MAY ADMIT HONORARY MEMBERS WHO ARE EXEMPT FROM PAYING ANNUAL DUES AND ARE NOT ELIGIBLE TO HOLD AN OFFICE. |
| MEMBERS WITH ELECTION POWER | FORM 990, PART VI, SECTION A, LINE 7A | MEMBERS OF THE ORGANIZATION MAY ELECT BOARD MEMBERS. IN JULY, A DIRECTOR NOMINATING COMMITTEE IS FORMED TO IDENTIFY POTENTIAL NEW DIRECTORS. THESE POTENTIAL CANDIDATES ARE THEN NARROWED DOWN TO A SLATE OF SEVEN. IN OCTOBER, THE POTENTIAL BOARD MEMBER LIST IS PUBLISHED IN THE SPIRIT NEWSLETTER AND A REQUEST FOR WRITE-IN CANDIDATES IS MADE. IF WRITE-IN CANDIDATES ARE RECEIVED, MEMBERS WOULD THEN VOTE ON THE CANDIDATE LIST AND ELECT SEVEN BOARD MEMBERS. IF NO WRITE-INS ARE RECEIVED, THE SEVEN DIRECTORS NOMINATED BY THE DIRECTOR NOMINATING COMMITTEE ARE CONFIRMED BY THE BOARD AND BECOME THE NEW BOARD MEMBERS. |
| FORM 990 DISCLOSURE | FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON THE AUDITED FINANCIAL STATEMENTS AND INFORMATION PROVIDED BY THE ACCOUNTING DEPARTMENT OF THE ORGANIZATION. BOARD MEMBERS WERE PROVIDED WITH A COPY OF FORM 990 VIA E-MAIL DISTRIBUTION PRIOR TO THE FORM BEING FILED WITH THE IRS AND GIVEN AN OPPORTUNITY TO REVIEW, ASK QUESTIONS, OR SUGGEST CHANGES. CHAMBER PRESIDENT AND VICE PRESIDENT OF ADMINISTRATION THOROUGHLY REVIEW FORM 990 PRIOR TO FILING. |
| CONFLICT OF INTEREST POLICY | FORM 990, PART VI, SECTION B, LINE 12C | ALL BOARD MEMBERS, INCLUDING EX-OFFICIO, NON-VOTING MEMBERS, ARE COVERED UNDER THE POLICY. BOARD MEMBERS ARE ASKED TO SIGN THE CONFLICT OF INTEREST FORM ANNUALLY. IF A CONFLICT OF INTEREST IS DISCLOSED, THE BOARD MEMBER IS EXPECTED TO ABSTAIN FROM ANY ACTION TAKEN BY THE BOARD THAT WOULD HIGHLIGHT THE CONFLICT OF INTEREST. |
| COMPENSATION DETERMINATION | FORM 990, PART VI, SECTION B, LINE 15A | THE EXECUTIVE COMMITTEE CONDUCTS PRESIDENT JAMES B. ANDERSON'S REVIEW ANNUALLY THROUGH THE USE OF SALARY SURVEY DATA PROVIDED BY AMERICAN CHAMBER OF COMMERCE EXECUTIVES TO DETERMINE AN APPROPRIATE SALARY. ACTIONS OF THE EXECUTIVE COMMITTEE ARE DOCUMENTED IN MINUTES AND A LETTER IS ALSO PROVIDED TO VP OF ADMINISTRATION FOR PAYROLL AND PERSONNEL FILES. THE VICE PRESIDENT OF FINANCE & ADMINISTRATION'S SALARY IS EVALUATED BY THE CEO. ONE TOOL THAT IS USED IS THE SALARY SURVEY DATA PROVIDED BY THE AMERICAN CHAMBER OF COMMERCE EXECUTIVES. |
| DOCUMENT AVAILABILITY | FORM 990, PART VI, SECTION C, LINE 19 | ABBREVIATED FINANCIALS ARE INCLUDED IN THE ANNUAL REPORT. GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST TO VIEW IN THE ORGANIZATION'S OFFICE. THE ANNUAL REPORT IS MAILED TO ALL ACTIVE CHAMBER MEMBERS. ADDITIONALLY, IT IS AVAILABLE ON THE ORGANIZATION'S WEBSITE. THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST. |
| OFFICER HOURS | FORM 990, PART VII, SECTION A, LINE 1, COLUMN (B) | PRESIDENT JIM ANDERSON IS THE SECRETARY OF THE BOARD OF DIRECTORS FOR SPRINGFIELD BUSINESS DEVELOPMENT CORPORATION, A RELATED ORGANIZATION. MR. ANDERSON WORKS APPROXIMATELY 60 HOURS PER WEEK BETWEEN THESE ENTITIES. |
| ACCOUNTING METHOD | FORM 990, PART XII, LINE 1 | THE ORGANIZATION USES A MODIFED ACCRUAL ACCOUNTING METHOD. THE ACCRUAL BASIS IS USED FOR RECOGNIZING REVENUE EXCEPT FOR MEMBERSHIP REVENUE. |
| Software ID: | |
| Software Version: |