2023-11-08T11:13:41-06:00 2022-12-31 390859910 BAKER TILLY US LLP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2022-01-01 222608944 THE FOUNDATION OF THE LANCASTER CHAMBER FOUN 7173973531 115 EAST KING STREET LANCASTER PA 17602 HEATHER VALUDES PRESIDENT AND CEO 7173973531 2023-11-06 1 HEATHER VALUDES 999009999 1 KERRI N BOGDA CPA P00760402 7177404863 2023-11-06 X 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z HEATHER VALUDES 115 EAST KING STREET LANCASTER PA 17602 304435 0 X HTTPS://WWW.LANCASTERCHAMBER.COM/ABOUT-US/OUR-FOU X 1985 PA PROVIDES EDUCATIONAL AND TRAINING PROGRAMS AND MEETING SPACE FOR NON-PROFITS. 5 4 0 110 0 0 50024 179865 0 0 0 0 30940 30940 80964 210805 46900 69432 0 0 0 0 0 0 77535 487118 438664 534018 508096 -453054 -297291 12578932 12309323 8397404 8425486 4181528 3883837 X THE FOUNDATION OF THE LANCASTER CHAMBER IS ORGANIZAED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES INCLUDING THE DISTRIBUTION OF FUNDS FOR SUCH PURPOSES TO ORGANIZATIONS THAT QUALIFY AS EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1954. THE FOUNDATION PROVIDES A MECHANISM TO ESTABLISH AND FINANCE NEW COMMUNITY PROGRAMS TO MEET CRUCIAL AND CHANGING NEEDS. 0 0 414414 69432 0 THE FOUNDATION PROVIDES SUPPORT TO THE BUSINESS COMMUNITY THROUGH THE WORK OF THE LANCASTER CHAMBER, PROVIDING FUNDING FOR SPECIFIC TARGETED PROGRAMS. IN 2022, THE FOUNDATION'S FOCUS WAS ON WORKFORCE INITIATIVES. WE HOSTED THE TEACHER IN THE WORKPLACE PROGRAM, 83 BUSINESSES JOINED OUR INSPIRE PLATFORM TO PROVIDE EXPERENTIAL LEARNING FOR STUDENTS THROUGHOUT OUR COUNTY AND THROUGH OUR DISCOVERING PATHS MENTORING PROGRAM THAT PAIRED 110 HIGH SCHOOL JUNIORS WITH MENTORS IN LANCASTER COUNTY. THE FOUNDATION ALSO BEGAN WORK ON HOUSING CULTIVATE! WHICH INFORMS, NAVIGATES, CONNECTS AND COORDINATES ENTREPRENEURS WITH BUSINESS RESOURCE PROVIDERS TO ACHIEVE PROSPERITY AND EQUITABLE ECONOMIC GROWTH ACROSS LANCASTER COUNTY. 414414 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 PA X JULIE HOUCK DIRECTOR OF FINANCE 7176966244 115 EAST KING STREET LANCASTER PA 17602 THOMAS T BALDRIGE PRESIDENT/CEO (UNTIL 6/22) 1.00 36.50 X X 0 138339 28508 ROBERT C SHOEMAKER CHAIR 0.50 0.00 X X 0 0 0 JOANNE JUDGE VICE CHAIR 0.50 0.00 X X 0 0 0 JOANNE B LADLEY TREASURER 0.50 0.00 X X 0 0 0 KIMBERLY DECKER ESQ SECRETARY 0.50 0.00 X X 0 0 0 HEATHER VALUDES PRESIDENT/CEO 1.00 36.50 X X 0 137333 31668 STEVEN PROGIN FINANCE DIRECTOR (UNTIL 11/22) 1.00 36.50 X 0 77251 20626 JULIE HOUCK DIRECTOR OF FINANCE 1.00 36.50 X 0 52836 18880 0 405759 99682 0 0 1 0 0 179865 179865 124000 93060 30940 30940 30940 570 570 0 210805 0 0 30940 69432 69432 3770 3770 11245 8771 282 2192 348 272 10 66 419251 333193 11735 74323 PROGRAM EXPENSES 2746 2746 CAPITAL CAMPAIGN EXP. 954 954 PA REGISTRATION 350 350 508096 414414 16147 77535 30919 105158 88365 118060 140762 583 8120 8223955 2520985 6094142 5702970 173059 163059 6051685 6211373 12578932 12309323 8397404 8425486 8397404 8425486 X 4172528 3775714 9000 108123 4181528 3883837 12578932 12309323 X -297291 -400 X 0 1 X 1 0 X 359818 147272 186372 50024 179865 923351 359818 147272 186372 50024 179865 923351 21490 901861 129132 129353 127983 124000 124000 634468 100 4 570 674 1558493 507799 0.57870 0.84980 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: LIBRARY INCOME - 2018 AMOUNT: $ 100. MISCELLANEOUS - 2019 AMOUNT: $ 4. ART SALES - 2022 AMOUNT: $ 570. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 159313 159313 7260630 1919176 5341454 48396 26997 21399 755616 574812 180804 5702970 INVESTMENT IN SUBSIDIARIES 6211373 F 6211373 304035 -400 -400 304435 -93630 -93630 210805 601726 93630 93630 508096 0 508096 PART XI, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT - PLEDGES -400. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -93,060. COST OF ART SALES -570. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 93,060. COST OF ART SALES 570. 0 LANCASTER CHAMBER OF COMMERCE & INDUSTRY 115 EAST KING STREET LANCASTER PA 17602 232095463 501(C)(6) 69432 0 COMMUNITY LEADERSHIP 0 1 PART I, LINE 2: GRANT FUNDS ARE PASSED THROUGH TO A RELATED ORGANIZATION WHICH USES THE FUNDS FOR COMMUNITY INITIATIVES IN SUPPORT OF THE ORGANIZATION'S MISSION. 0 0 0 0 0 0 0 0 0 HEATHER VALUDES PRESIDENT/CEO 0 125333 0 6000 0 6000 0 14138 0 17530 0 169001 0 0 THOMAS T BALDRIGE PRESIDENT/CEO (UNTIL 6/22) 0 117339 0 10000 0 11000 0 13500 0 15008 0 166847 0 0 PART I, LINE 3 A RELATED ORGANIZATION, LANCASTER CHAMBER OF COMMERCE & INDUSTRY, USES A COMPENSATION COMMITTEE AND COMPENSATION SURVEYS TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S CEO/EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS INITIALLY REVIEWED BY THE ORGANIZATION'S FINANCE DIRECTOR AND EXECUTIVE DIRECTOR. ONCE THE PRIMARY REVIEW IS COMPLETE, COPIES OF THE FORM 990 ARE MADE AVAILABLE TO THE BOARD PRIOR TO FILING. IN ADDITION, FORM 990 SHALL AT ALL TIMES BE AVAILABLE FOR INSPECTION BY THE PUBLIC WITHIN THE OFFICES OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS OF THE ORGANIZATION, WHICH INCLUDES EX-OFFICIO MEMBERS AND THE PRESIDENT/CEO AND VICE PRESIDENT/COO, ARE COVERED UNDER THE CONFLICT OF INTEREST POLICY. EACH COVERED PERSON IS REQUIRED TO COMPLETE A CONFLICT OF INTEREST STATEMENT ANNUALLY AND DISCLOSE ANY POTENTIAL CONFLICTS. THEY ARE ALSO REQUIRED UNDER THE CONFLICT OF INTEREST POLICY TO DISCLOSE ANY CONFLICT THEY MAY ENCOUNTER DURING THE PROCESS OF PERFORMING THEIR DUTY ON THE BOARD THROUGHOUT THE YEAR. A DETERMINATION OF A CONFLICT OF INTEREST IS MADE WHEN THE ANNUAL STATEMENT IS TURNED IN AND IS REVIEWED BY THE PRESIDENT/CEO OR THE VICE PRESIDENT/COO. DURING THE YEAR THE COVERED INDIVIDUALS MUST DISCLOSE TO THE BOARD, PRESIDENT/CEO AND/OR VICE PRESIDENT/COO ANY TRANSACTION THAT MAY BE A CONFLICT IN ADDITION TO THOSE DISCLOSED ON THE ANNUAL STATEMENT. ALL POTENTIAL CONFLICTS ARE REVIEWED BY THE PRESIDENT/CEO AND/OR VICE PRESIDENT/COO AND IF THERE IS A CONFLICT THE COVERED PERSON IS CLEARED OF ANY CONSEQUENCE BY THE FULL DISCLOSURE MADE BEFORE ANY ACTION IS TAKEN REGARDING THE CONFLICT. THE COVERED PERSON WITH THE CONFLICT MUST ABSTAIN FROM ANY DECISION IN THE CONFLICTING TRANSACTION. THE COVERED PERSON MUST ALSO BE ABSENT FROM THAT PART OF ANY MEETING WHEN THE CONFLICTING MATTER IS BEING VOTED ON. THE COVERED PERSON MAY BE PRESENT FOR DISCUSSION TO ANSWER QUESTIONS BUT MAY NOT ADVOCATE FOR THE ACTION TO BE TAKEN. THERE SHOULD BE MORE THAN ONE QUOTE OR RFP FOR ANY SIGNIFICANT TRANSACTIONS (OVER $5,000) THAT OCCUR WHERE A CONFLICT OF INTEREST IS INVOLVED. THOSE TRANSACTIONS THAT INVOLVE A SIGNIFICANT CONFLICT MUST BE AUTHORIZED BY THE BOARD BY A 2/3 MAJORITY OF THE DIRECTORS NOT INCLUDING THE INTERESTED COVERED PERSON. THE CONFLICT OF INTEREST POLICY DOES EXPRESSLY STATE THAT BUSINESS RELATIONSHIPS ARE A SOURCE OF POTENTIAL CONFLICT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND CONSOLIDATED AUDIT REPORT AVAILABLE UPON REQUEST. THESE DOCUMENTS ARE AVAILABLE FOR INSPECTION AT THE OFFICE OF THE ORGANIZATION. FORM 990, PART XI, LINE 9: BAD DEBT - PLEDGES -400. THE LANCASTER CHAMBER OF COMMERCE 115 EAST KING STREET LANCASTER PA 17602 232095463 COMMUNITY BUILDING PA 501(C)(6) N/A 0 LCCC TITLE HOLDING INC 115 EAST KING STREET LANCASTER PA 17602 822079375 TITLE HOLDING COMPANY PA 501(C)(2) THE FOUNDATION OF THE LANCASTER CHAMBER 1 0 1 0 0 0 0 0 0 0 1 0 1 1 1 1 0 0 1 0 THE LANCASTER CHAMBER OF COMMERCE B 69432 COST LCCC TITLE HOLDING INC R 159688 COST