Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Form 990, Part III, Line 4d | Program Service Expenses 130,115, Grants and allocations 0, Revenue 0 THE MAIN OBJECTIVE OF ALL OTHER PROGRAM SERVICES OFFERED BY THE CHAMBER IS TO PROMOTE BUSINESS IN MADISON, SOUTH DAKOTA. |
| Form 990, Part I, Section ACTIVITIES GOVERNANCE, Line 6 | BOARD MEMBERS SERVE WITHOUT COMPENSATION AND COMMITTEE MEMBERS ARE ALSO VOLUNTEERS. ADDITIONALLY PROGRAMS AND EVENTS ARE STAFFED PRIMARILY BY VOLUNTEERS. |
| Form 990, Part VI, Section A - GOVERNING BODY MANAGEMENT, Line 7A | THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERS |
| Form 990, Part VI, Section A - GOVERNING BODY MANAGEMENT, Line 7B | THE ELECTED BOARD OF DIRECTORS ACTS ON BEHALF OF THE MEMBERS |
| Form 990, Part VI, Section POLICIES, Line 11B | A FINAL 990 RETURN IS REVIEWED AND APPROVED BY THE BOARD AND EXECUTIVE DIRECTOR |
| Form 990, Part VI, Section POLICIES, Line 12C | PERIODIC REVIEWS ARE CONDUCTED |
| Form 990, Part VI, Section POLICIES, Line 15A | AN ANNUAL BOARD REVIEW IS CONDUCTED AND COMPARISONS MADE WITH OTHER LIKE KIND ORGANIZATIONS |
| Form 990, Part VI, Section POLICIES, Line 15B | AN ANNUAL BOARD REVIEW IS CONDUCTED AND COMPARISONS MADE WITH OTHER LIKE KIND ORGANIZATIONS |
| Form 990, Part VI, Section DISCLOSURE, Line 18 | GUIDESTAR.COM |
| Form 990, Part VI, Section DISCLOSURE, Line 19 | DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE PROVIDED UPON REQUEST BY MEMBERS |
| Form 990, Part III, Section Statement of Program Service Accomplishments, Line Line 2 | IN AN EFFORT TO KEEP SUPPORTING THE LOCAL BUSINESSES DURING THE COVID PANDEMIC AND ENCOURAGE SPENDING LOCALLY, THE CHAMBER ESTABLISHED A GIFT CARDS FOR GOOD PROGRAM IN WHICH THE CHAMBER WOULD BUY GIFT CARDS FROM LOCAL ESTABLISHMENTS AT A 10 DISCOUNT AND THEN WOULD SELL THEM TO THE COMMUNITY AT AN ADDITIONAL 10 DISCOUNT. |
| Form 990, Part I, Section Activities Governance, Line 6 | VOLUNTEER NUMBERS WERE DOWN SIGNIFICANTLY IN 2020SIMPLY DUE TO THE COVID PANDEMIC AND THE INABILITY TO HOST SEVERAL OF THE ANNUAL EVENTS. |
| Software ID: | 20011406 |
| Software Version: | 20.0.2.0 |