2023-10-03T12:11:03-05:00 2022-12-31 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2022-01-01 731114164 The State Chamber Research Foundation STAT 4052353669 PO Box 53217 Oklahoma City OK 73152 Chad Warmington President & CEO 4052353669 2023-10-03 1 Chad Warmington 999009999 1 Kim Hunwardsen CPA P00484560 6122536500 2023-10-02 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Chad Warmington PO Box 53217 Oklahoma City OK 73152 2109031 0 X www.okstatechamber.com X 1980 OK Perform and promote research regarding economic development opportunities 7 7 0 7 0 0 242250 2109031 0 0 0 0 0 0 242250 2109031 0 0 0 0 0 0 0 0 0 326243 1877150 326243 1877150 -83993 231881 393749 635252 76108 85730 317641 549522 X Perform and promote research regarding economic development opportunities and the role of industry in the civic, sociological, and cultural betterment of the citizens of the state of Oklahoma. 0 0 1676252 1. The Business Leaders Poll is an essential tool and the only statewide scientific survey that provides a regular pulse on the views, concerns, and outlook of Oklahoma's diverse business community. The annual poll encompasses small and large businesses, urban and rural, from C-suites to corner stores. The survey results provide valuable information, identifying key challenges and barriers identified by business owners.2. The Oklahoma Scorecard (previously the ECI) is an annual publication that evaluates Oklahoma's competitive position compared to the nation, region, and a set of peer states sharing various characteristics. Intended as a tool for policymakers, the Scorecard measures Oklahoma's economic competitiveness through SCRF's six key issue areas: tax competitiveness, workforce, infrastructure, legal climate, government burden, and health care.3. The Research Institute for Economic Development (RIED) is a non-partisan organization dedicated to helping the business community understand how Oklahoma's legislators vote on business, job and economic issues.4. Workforce Study: The State Chamber of Oklahoma will streamline Oklahoma's workforce into a more coordinated and focused system to provide Oklahoma workers with the skills they need for a brighter future and supply employers with skilled labor. We worked with with local and national leaders to evaluate the current system and make a plan for a better system in the future. 5. The Legal Center is geared toward researching policy implications surrounding the third branch of government. The purpose of the SCRF Legal Center is to promote free enterprise and economic prosperity by advocating for the consistent and fair application of the law as written. 1676252 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 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 1 0 0 0 1 6 0 1 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 OK X Kim Gadberry 4052353669 PO Box 53217 Oklahoma City OK 73152 Bill Schonacher President 1.00 1.00 X X 0 0 0 Kristin Peck Vice-President 1.00 1.00 X X 0 0 0 Dana Weber Secretary 1.00 1.00 X X 0 0 0 Kevin Gross Treasurer 1.00 1.00 X X 0 0 0 Steve Hahn Director 1.00 1.00 X 0 0 0 Rick Nagel Director 1.00 1.00 X 0 0 0 Dan Boren Director 1.00 0.00 X 0 0 0 Chad Warmington President & CEO 1.00 41.00 X 0 414763 21350 Ben Lepak Executive Director 40.00 0.00 X 0 144304 10105 0 559067 31455 0 0 1 0 McKinsey & Company 140 Fountain Parkway North St Petersburg FL 33716 Professional Fees Related to Workforce E 1440000 1 2109031 2109031 2109031 0 0 0 X 14454 14454 22938 22938 10700 10700 1503381 1457200 46181 26105 4805 21300 1547 1547 677 570 107 4567 10 4557 7098 2739 4359 Staffing Reimbursement 231583 182745 48838 Research Expenses 52423 5000 47423 Trade Memberships 1677 245 1432 1877150 1676252 200898 0 393749 633202 2050 393749 635252 76108 85730 76108 85730 X 116123 443834 201518 105688 317641 549522 393749 635252 231881 0 X 0 1 X 1 0 X 19661 252807 497900 242250 2109031 3121649 19661 252807 497900 242250 2109031 3121649 3121649 407 407 3122056 142396 0.99990 0.99990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 2109031 0 2109031 0 2109031 1877150 0 1877150 0 1877150 Part X, Line 2: The Foundation is exempt from federal income taxes on income related to their exempt purposes under Section 501(c)(3) of the Code. 0 0 0 0 0 0 0 0 0 Chad Warmington President & CEO 0 414763 0 0 0 0 0 21350 0 2267 0 438380 0 0 Ben Lepak Executive Director 0 144304 0 0 0 0 0 10105 0 1368 0 155777 0 0 Schedule J, Part I, Line 3: Compensation is paid to the President & CEO and Executive Director by a related organization. The related organization has a process in place for determining compensation using the methods described in Line 3. Form 990, Part VI, Section A, line 8b The organization does not have committees with the authority to act on behalf of the governing body. Form 990, Part VI, Section B, line 11b The Form 990 will be reviewed by the full board prior to being filed with the IRS. Form 990, Part VI, Section B, line 12c After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the Board or Committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining Board or Committee Members shall decide if a conflict of interest exists. Procedures for Addressing the Conflict of Interest: * An interested person may make a presentation at the Board meeting or Committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. * The President or Chair of the Committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. * After exercising due diligence, the Board or Committee shall determine whether the Foundation can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. * If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the Board or Committee shall determine by a majority vote of the disinterested Directors whether the transaction or arrangement is in the Foundation's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination, it shall make its decision as to whether to enter into the transaction or arrangement. Violations of the Conflict of Interest Policy: If the Board or Committee has reasonable cause to believe an interested person has failed to disclose actual or possible conflicts of interest, it shall inform the interested person of the basis for such belief and afford the interested person an opportunity to explain the alleged failure to disclose. If, after hearing the interested person's response and after making further investigation as warranted by the circumstances, the Board or Committee determines the interested person has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action, which may include removal from the Board. Form 990, Part VI, Section B, line 15 Compensation for the Executive Director is determined by the President & CEO of the Oklahoma State Chamber of Commerce and Industry, a related organization. The compensation is approved by the Foundation's board of directors as part of the annual budget process. Form 990, Part VI, Section C, line 19 The Organization's governing documents and financial statements are made available to the public upon request. Form 990, Part IX, line 11g Consulting and Speakers: Program service expenses 1,457,200. Management and general expenses 45,391. Fundraising expenses 0. Total expenses 1,502,591. Payroll Fees: Program service expenses 0. Management and general expenses 790. Fundraising expenses 0. Total expenses 790. Oklahoma State Chamber of Commerce 330 NE 10th Street Oklahoma City OK 73104 731270209 Economic Activity OK 501(c)(6) N/A 0 Oklahoma Civil Justice Council Inc 330 NE 10th Street Oklahoma City OK 73104 320379060 Economic Development OK 501(c)(4) Oklahoma State Chamber of Commerce and Industry Inc 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0