TY 2015 Form 990

(A) Name and Title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)	(E) Reportable compensation from related organizations (W- 2/1099-MISC)
(1) KATHRYN PAUGH...................................................................... PRESIDENT	40.00 ................. 0.00	X		74,284	0	0
(2) CRAIG BRINGMAN...................................................................... CHAIR	1.00 .................	X	X	0	0	0
(3) BILL OWENS...................................................................... CHAIR ELECT	1.00 .................	X	X	0	0	0
(4) MIKE HENWOOD...................................................................... VICE CHAIR	1.00 .................	X	X	0	0	0
(5) MICHAEL MAURER...................................................................... VICE CHAIR	1.00 .................	X	X	0	0	0
(6) PAUL CYNKAR...................................................................... TREASURER	1.00 .................	X	X	0	0	0
(7) CHRIS APFELSTADT...................................................................... TRUSTEE	1.00 .................	X		0	0	0
(8) KATIE BERRY...................................................................... TRUSTEE	1.00 .................	X		0	0	0
(9) ALYSSA BOOMS...................................................................... TRUSTEE	1.00 .................	X		0	0	0
(10) MICHELLE GARRETT...................................................................... TRUSTEE	1.00 .................	X		0	0	0
(11) ROB GRUBAUGH...................................................................... TRUSTEE	1.00 .................	X		0	0	0
(12) STEVE SCHNULO...................................................................... TRUSTEE	1.00 .................	X		0	0	0
(13) SEAN STARK...................................................................... TRUSTEE	1.00 .................	X		0	0	0
(14) AFRICA THOMAS...................................................................... TRUSTEE	1.00 .................	X		0	0	0
(15) CHERYL RAUDABAUGH...................................................................... TRUSTEE	1.00 .................	X		0	0	0
(16) LESLIE CADY MCFADDEN...................................................................... TRUSTEE	1.00 .................	X		0	0	0

(A)
Name and Title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W- 2/1099-MISC)

(E)
Reportable compensation from related organizations (W- 2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(1) KATHRYN PAUGH......................................................................
PRESIDENT

40.00
.................
0.00

74,284

(2) CRAIG BRINGMAN......................................................................
CHAIR

1.00
.................

(3) BILL OWENS......................................................................
CHAIR ELECT

1.00
.................

(4) MIKE HENWOOD......................................................................
VICE CHAIR

1.00
.................

(5) MICHAEL MAURER......................................................................
VICE CHAIR

1.00
.................

(6) PAUL CYNKAR......................................................................
TREASURER

1.00
.................

(7) CHRIS APFELSTADT......................................................................
TRUSTEE

1.00
.................

(8) KATIE BERRY......................................................................
TRUSTEE

1.00
.................

(9) ALYSSA BOOMS......................................................................
TRUSTEE

1.00
.................

(10) MICHELLE GARRETT......................................................................
TRUSTEE

1.00
.................

(11) ROB GRUBAUGH......................................................................
TRUSTEE

1.00
.................

(12) STEVE SCHNULO......................................................................
TRUSTEE

1.00
.................

(13) SEAN STARK......................................................................
TRUSTEE

1.00
.................

(14) AFRICA THOMAS......................................................................
TRUSTEE

1.00
.................

(15) CHERYL RAUDABAUGH......................................................................
TRUSTEE

1.00
.................

(16) LESLIE CADY MCFADDEN......................................................................
TRUSTEE

1.00
.................

(A)
Name and Title

(B)
Average hours per week (list any hours for related organizations below dotted line)

(D)
Reportable compensation from the organization (W- 2/1099-MISC)

(E)
Reportable compensation from related organizations (W- 2/1099-MISC)

(F)
Estimated amount of other compensation from the organization and related organizations

(A)
Name and business address

(B)
Description of services

Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed in the National Register ...	2d


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......	1
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d .....................	2e
3	Subtract line 2e from line 1..................	3
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIII.) ...........	4b
c	Add lines 4a and 4b....................	4c
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......	5

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........	1
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ............	2d
e	Add lines 2a through 2d....................	2e
3	Subtract line 2e from line 1...................	3
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIII.) ............	4b
c	Add lines 4a and 4b.....................	4c
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......	5

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.

OMB No. 1545-0047

2015

Open to Public
Inspection

Name of the organization

WORTHINGTON AREA CHAMBER OF
COMMERCE

Employer identification number

31-1037348

Return Reference	Explanation
FORM 990, PAGE 6, PART VI, LINE 11B	THE WORTHINGTON AREA CHAMBER OF COMMERCE CONTRACTS WITH AN INDEPENDENT CPA FIRM FOR PREPARATION OF THE FORMS 990 AND 990T. PRIOR TO FILING THE FORMS, THE TREASURER AND THE PRESIDENT MEET TO REVIEW THE FORM IN DETAIL. THE GOVERNING BOARD OF DIRECTORS IS NOTIFIED WHEN THE FORMS ARE COMPLETE AND COPIES ARE MADE AVAILABLE TO ALL BOARD MEMBERS FOR REVIEW UPON REQUEST.
FORM 990, PAGE 6, PART VI, LINE 15A	THE EXECUTIVE COMMITTEE OBTAINS COMPARABLE SALARY DATA FROM INDUSTRY ORGANIZATIONS INCLUDING THE CENTRAL OHIO CHAMBERS OF COMMERCE, THE AMERICAN CHAMBER OF COMMERCE EXECUTIVES, AND THE CHAMBER OF COMMERCE EXECUTIVES OF OHIO TO ESTABLISH THE APPROPRIATENESS OF SALARY RANGES FOR THE PRESIDENT AND OTHER STAFF EMPLOYEES. SALARIES ARE REVIEWED ON AN ANNUAL BASIS. THE ANNUAL BUDGETING PROCESS INCLUDES DOCUMENTATION OF THE EXECUTIVE COMMITTEE APPROVAL FOR THE PRESIDENT'S COMPENSATION AND THE EMPLOYMENT CONTRACT.
FORM 990, PAGE 6, PART VI, LINE 19	THE ORGANIZATION SHARES A FINANCIAL SUMMARY WITH THE GENERAL MEMBERSHIP AT THE ANNUAL MEETING EACH FEBRUARY. THE BY LAWS GOVERNING THE OPERATIONS OF THE ORGANIZATION ARE MADE AVAILABLE TO MEMBERS IN ELECTRONIC AND PRINT FORMATS ON REQUEST. THE ORGANIZATION ADOPTED A WRITTEN POLICY REGARDING CONFLICTS OF INTEREST BY BOARD TRUSTEES IN 2009 AND UPDATES THE POLICY ANNUALLY. THE NOMINATING AND EXECUTIVE COMMITTEES ARE CHARGED WITH MONITORING THE QUALIFICATIONS OF BOARD MEMBERS. THE EXECUTIVE COMMITTEE MONITORS THE QUALIFICATIONS AND PERFORMANCE OF THE PRESIDENT AND MONITORS THE PRESIDENT'S HIRING AND PERFORMANCE REVIEWS OF ALL ORGANIZATIONAL STAFF. MEETINGS ARE HELD AT LEAST MONTHLY TO PROVIDE THE OPPORTUNITY TO ADDRESS POTENTIAL CONFLICTS.
FORM 990, PART IX, LINE 24E	MAINTENANCE/REPAIRS 7,139 0 0 REDS, WHITES AND DESSERTS 6,952 0 0 MARKET DAY EXPENSES 6,444 0 0 CREDIT CARD FEE 3,738 0 0 TELEPHONE 3,528 0 0 BREAKFAST EXPENSES 3,027 0 0 WEBSITE 2,834 0 0 LUNCHEONS 2,525 0 0 PAYROLL SERVICE 2,451 0 0 DUES AND SUBSCRIPTIONS 1,691 0 0 401(K) FEE 1,541 0 0 INTERNET SERVICE 1,385 0 0 ANNUAL MEETING 1,365 0 0 MEALS AND ENTERTAINMENT 1,225 0 0 PLAQUE 1,030 0 0 INTERNET SVC PROVIDER 923 0 0 GIFTS 689 0 0 PROMOTION 548 0 0 COMMUNITY SHRED DAY 500 0 0 HEALTH & FITNESS EXPO 473 0 0 WORKERS COMPENSATION EXPE 254 0 0 BANK SERVICE CHARGES 86 0 0 TRADE FAIR 48 0 0

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2015

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: ASSIST LOCAL BUSINESSES AND PROMOTE ECONOMIC DEVELOPMENT IN THE WORTHINGTON AREA BY PROVIDING PROMOTIONAL, BUSINESS EXPOSURE AND REFERRAL OPPORTUNITIES.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	15
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	15
5	Total number of individuals employed in calendar year 2015 (Part V, line 2a) ......	5	4
6	Total number of volunteers (estimate if necessary) .............	6	275
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	7,725
b	Net unrelated business taxable income from Form 990-T, line 34 .........	7b	-31,031

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	125,572	121,879
9	Program service revenue (Part VIII, line 2g) .........	145,236	179,651
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	3,910	2,856
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	408	135
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	275,126	304,521
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	900	1,200
14	Benefits paid to or for members (Part IX, column (A), line 4).....		0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	201,148	193,415
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....		0
b	Total fundraising expenses (Part IX, column (D), line 25) 0
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	129,381	127,264
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	331,429	321,879
19	Revenue less expenses. Subtract line 18 from line 12.......	-56,303	-17,358
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	255,285	227,108
21	Total liabilities (Part X, line 26).............	15,228	4,409
22	Net assets or fund balances. Subtract line 21 from line 20.....	240,057	222,699

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 273,903 including grants of $ 1,200 ) (Revenue $ 179,651 )
	PROVIDE OPPORTUNITIES AND ACTIVITIES FOR MEMBERS TO NETWORK AND BUILD STRONG RELATIONSHIPS TO STIMULATE BUSINESS GROWTH AMONG MEMBERS AND TO PROMOTE ECONOMIC DEVELOPMENT THAT RESULTS IN A STRONG, DYNAMIC COMMUNITY.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses273,903

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	74,284

(A) Name and business address	(B) Description of services	(C) Compensation





2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization

1a	Federated campaigns..		1a
b	Membership dues..		1b	121,879
c	Fundraising events..		1c
d	Related organizations		1d
e	Government grants (contributions)		1e

f	All other contributions, gifts, grants, and similar amounts not included above		1f

g	Noncash contributions included in lines 1a-1f:$
h Total.Add lines 1a-1f.......		121,879

		Business Code
2a	MARKET DAY		42,749	42,749
b	A TASTE OF WORTHINGTON		32,615	32,615
c	REDS WHITES AND DESSERTS		24,745	24,745
d	GOLF OUTING		23,198	23,198
e	WORKSHOPS		22,563	22,563
f	All other program service revenue.			33,781	22,928	7,725	3,128
g Total.Add lines 2a–2f.....			179,651

3 Investment income (including dividends, interest, and othersimilar amounts) ..........			2,856			2,856
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
		(ii) Personal	(i) Real
6a	Gross rents
b	Less: rental expenses
c	Rental income or (loss)
d	Net rental income or (loss)......
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory
b	Less: cost or other basis and sales expenses
c	Gain or (loss)
d	Net gain or (loss).....
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
	a
b	Less: direct expenses ...b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
	a
b	Less: direct expenses ...b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
	a
b	Less: cost of goods sold ..b
c	Net income or (loss) from sales of inventory..
Business Code			Miscellaneous Revenue
11a	MISCELLANEOUS			135	135
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			135
12	Total revenue. See Instructions......			304,521	168,933	7,725	5,984

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21
2	Grants and other assistance to individuals in the United States. See Part IV, line 22	1,200	1,200
3	Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16
4	Benefits paid to or for members
5	Compensation of current officers, directors, trustees, and key employees ....	74,284	40,856	33,428
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....
7	Other salaries and wages	85,660	85,660
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	13,707	13,707
9	Other employee benefits .......	6,896	3,448	3,448
10	Payroll taxes ...........	12,868	12,868
11	Fees for services (non-employees):
a	Management ......
b	Legal .........
c	Accounting ...........
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)
12	Advertising and promotion ....
13	Office expenses .......	3,167	3,167
14	Information technology ......
15	Royalties ..
16	Occupancy ...........	22,200	11,100	11,100
17	Travel ............	4,675	4,675
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	1,161	1,161
20	Interest ...........
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	4,961	4,961
23	Insurance ...	1,375	1,375
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	WEB HOSTING/MAINTENANCE	13,259	13,259
b	GOLF OUTING	9,554	9,554
c	PROFESSIONAL SERVICE	8,861	8,861
d	A TASTE OF WORTHINGTON	7,655	7,655
e	All other expenses	50,396	50,396
25	Total functional expenses. Add lines 1 through 24e	321,879	273,903	47,976	0
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........			7,239	1	10,598
2	Savings and temporary cash investments .........			236,619	2	210,044
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............				4
5	Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of Schedule L
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
					6
7	Notes and loans receivable, net ....				7
8	Inventories for sale or use ........				8
9	Prepaid expenses and deferred charges ......				9
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	57,538
b	Less: accumulated depreciation	10b	51,072	11,427	10c	6,466
11	Investments—publicly traded securities .				11
12	Investments—other securities. See Part IV, line 11 .....				12
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........				15
16	Total assets. Add lines 1 through 15 (must equal line 34)...			255,285	16	227,108

17	Accounts payable and accrued expenses .....	12,890	17	4,409
18	Grants payable ...		18
19	Deferred revenue .........		19
20	Tax-exempt bond liabilities .........		20
21	Escrow or custodial account liability. Complete Part IV of Schedule D		21
22	Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
	persons. Complete Part II of Schedule L..		22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D	2,338	25
26	Total liabilities. Add lines 17 through 25..	15,228	26	4,409

	Organizations that follow SFAS 117 (ASC 958), check here and complete lines 27 through 29, and lines 33 and 34.
27	Unrestricted net assets	66,006	27	48,648
28	Temporarily restricted net assets ...........	174,051	28	174,051
29	Permanently restricted net assets		29
	Organizations that do not follow SFAS 117 (ASC 958), check here and complete lines 30 through 34.
30	Capital stock or trust principal, or current funds .....		30
31	Paid-in or capital surplus, or land, building or equipment fund ...		31
32	Retained earnings, endowment, accumulated income, or other funds		32
33	Total net assets or fund balances ...........	240,057	33	222,699
34	Total liabilities and net assets/fund balances ........	255,285	34	227,108

1	Total number at end of year ....
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ....

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

1a	Land ...
b	Buildings
c	Leasehold improvements
d	Equipment ...	57,538	51,072	6,466
e	Other ...
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				6,466

(a) Description of security or category (including name of security)	(b)Book value	(c)Method of valuation: Cost or end-of-year market value
(1)Financial derivatives
(2)Closely-held equity interests
(3)Other
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

1.(a) Description of liability	(b) Book value
(1) Federal income taxes

(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII