2023-09-06T14:59:28-05:00 2022-12-31 232108173 RKL LLP PO BOX 8408 LANCASTER PA 176048408 990 2022-01-01 251636785 PENNSYLVANIA CHAMBER OF BUSINESS AND INDUSTRY EDUCATIONAL FOUNDATION PENN 7172553252 417 WALNUT STREET HARRISBURG PA 17101 JEWELL LESTER VICE PRESIDENT 7172553252 2023-08-06 1 JEWELL LESTER 999009999 0 MOLLY L RAMOS CPA P00399762 7173945666 2023-08-06 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z JEWELL LESTER 417 WALNUT STREET HARRISBURG PA 17101 347967 0 X WWW.PACHAMBER.ORG/ABOUT/FOUNDATION X 1990 PA THE PENNSYLVANIA CHAMBER EDUCATIONAL FOUNDATION WAS CREATED TO FUND TIMELY AND INSIGHTFUL RESEARCH AND EDUCATIONAL PROGRAMS THAT WILL POSITIVELY IMPACT PENNSYLVANIA'S ECONOMIC FUTURE AND ENHANCE THE QUALITY OF LIFE FOR ALL PENNSYLVANIANS. 9 8 0 8 0 0 1088500 305625 0 0 180 1544 2548 8761 1091228 315930 25390 0 0 0 89383 0 0 0 0 148370 439193 263143 439193 828085 -123263 1082457 947705 22809 11320 1059648 936385 X THE PENNSYLVANIA CHAMBER EDUCATIONAL FOUNDATION WAS CREATED TO FUND TIMELY AND INSIGHTFUL RESEARCH AND EDUCATIONAL PROGRAMS THAT WILL POSITIVELY IMPACT PENNSYLVANIA'S ECONOMIC FUTURE AND ENHANCE THE QUALITY OF LIFE FOR ALL PENNSYLVANIANS. 0 0 434841 0 1295 THE PENNSYLVANIA CHAMBER EDUCATIONAL FOUNDATION IS ENGAGED IN A BOLD, COLLABORATIVE ECONOMIC RESURGENCE INITIATIVE THAT WILL CREATE A FRAMEWORK TO FOSTER LONG-TERM ECONOMIC GROWTH AND EQUALITY OF OPPORTUNITY IN THE COMMONWEALTH. WE'RE BLAZING A BOLD APPROACH THAT EMPHASIZES A COMPETITIVE PENNSYLVANIA, A SOLID INFRASTRUCTURE AND A STRONGER WORKFORCE THROUGH STRATEGIES THAT WILL LEAD TO A ROBUST ECONOMY AND EXPANDED OPPORTUNITIES. IN 2022, THE PA CHAMBER EDUCATIONAL FOUNDATION HOSTED AN ANNUAL ECONOMIC SUMMIT FORECAST. THIS EVENT WAS DESIGNED FOR COMPANY PRESIDENTS, EXECUTIVE OFFICERS, BUSINESS OWNERS, FINANCIAL OFFICERS, TREASURERS, BOARD MEMBERS AND INVESTORS. THIS EVENT PRESENTED SOME OF THE NATION'S MOST RESPECTED ECONOMIC FORECASTERS, ANALYSTS AND INNOVATION FUTURISTS WHO PROVIDED INSIGHTS TO HELP BUSINESS LEADERS UNDERSTAND THE DETAILS OF THE CURRENT ECONOMY AND PREPARE FOR WHAT IS EXPECTED IN THE FUTURE.COMPANIES ARE GROWING MORE AND MORE ATTUNED TO ENSURING THEIR EMPLOYEES ARE BEING LISTENED TO AND THEIR NEEDS ARE BEING MET; AS WELL AS HIRING, INSPIRING AND LIFTING UP THE DIVERSE PEOPLE WHO REPRESENT THE UNIQUE FABRIC OF THEIR COMMUNITIES. THE PENNSYLVANIA CHAMBER EDUCATIONAL FOUNDATION IS PROUD TO PRESENT THE SECOND ANNUAL EQUALITY AND DIVERSITY SUMMIT AS A FORUM FOR LEADERS IN CORPORATE DIVERSITY TO SHARE HOW THEY ARE BREAKING DOWN BARRIERS, FOSTERING HONEST CONVERSATIONS AND CREATING WORK ENVIRONMENTS WHERE PEOPLE FEEL EMPOWERED TO LEARN, WORK AND GROW INTO THE BEST PROFESSIONAL VERSIONS OF THEMSELVES. THE EVENT WILL HELP ATTENDEES NOT ONLY LEARN HOW TO RETAIN EMPLOYEES, BUT ATTRACT THE TALENTED AND DIVERSE WORKFORCE OF TOMORROW. 434841 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 5 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 PA X THE ORGANIZATION 7172553252 417 WALNUT STREET HARRISBURG PA 17101 MR EUGENE BARR ADVISOR & FORMER PRES. UNTIL 12/22 1.00 45.75 X X 0 469429 69550 MR RICHARD EHST CHAIRMAN 1.00 1.00 X 0 0 0 MR J GARY LANGMUIR VICE CHAIRMAN 1.00 2.00 X 0 0 0 MS LAURIE CARTER BOARD MEMBER UNTIL 12/22 1.00 0.00 X 0 0 0 MS WENDIE DIMATTEO HOLSINGER BOARD MEMBER UNTIL 7/22 1.00 3.00 X 0 0 0 MR MARK HAAS BOARD MEMBER UNTIL 11/22 1.00 0.00 X 0 0 0 MR DAVID KERR BOARD MEMBER 1.00 1.00 X 0 0 0 MR MARC LUCCA BOARD MEMBER 1.00 1.00 X 0 0 0 MR DAVID TAYLOR BOARD MEMBER 1.00 1.00 X 0 0 0 MR LUKE BERNSTEIN PRESIDENT BEG 6/22 1.00 55.25 X X 0 470954 10902 MS ELIZABATH BOLDEN BOARD MEMBER BEG 6/22 1.00 0.00 X 0 0 0 MR JOHN LAWN BOARD MEMBER BEG 6/22 1.00 1.00 X 0 0 0 MR DANIEL ONORATO BOARD MEMBER BEG 6/22 1.00 1.00 X 0 0 0 MS JEWELL LESTER VICE PRESIDENT 1.00 44.50 X 0 202738 14386 MR SETH KEITER TREASURER 1.00 38.75 X 0 107630 15049 MS CARISSA BURGETT SECRETARY 1.00 44.50 X 0 70213 2334 0 1320964 112221 0 0 1 0 PPO&S 513 N 2ND ST PO BOX 62043 HARRISBURG PA 17106 ADVERTISING 307668 1 35675 269950 305625 1544 1544 39503 35675 32037 7466 7466 OTHER INCOME 900099 1295 1295 1295 315930 1295 0 9010 39067 39067 3429 3429 38006 38006 307668 307668 47049 42697 4352 3107 3107 317 317 MISCELLANEOUS EXPENSE 550 550 439193 434841 4352 0 612721 745153 467304 199332 2432 101 0 3119 1082457 947705 5924 1910 8050 9410 8835 0 22809 11320 X 1059648 936385 1059648 936385 1082457 947705 -123263 0 X X 0 1 X 1 0 X X X 1 PENNSYLVANIA CHAMBER OF BUSINESS AND INDUSTRY 230961100 10 1 0 466878 1 0 466878 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 2: THE SUPPORTED ORGANIZATION, PENNSYLVANIA CHAMBER OF BUSINESS AND INDUSTRY, IS NOT DETERMINED TO HAVE A STATUS UNDER SECTION 509(A)(1) OR (2) BECAUSE IT IS A 501(C)(6) ORGANIZATION. PART IV, SECTION A, LINE 3B: THE CHAMBER, DESCRIBED IN SECTION 501(C)(6), IS SUPPORTED BY MEMBERSHIP DUES AND FUNDS RESULTING FROM THE PERFORMANCE OF ITS EXEMPT ACTIVITIES. THIS SUPPORT, WHICH IS ENTIRELY FROM PERMITTED SOURCES, CONSTITUTES MORE THAN ONE-THIRD OF THE CHAMBER'S SUPPORT. THE CHAMBER DOES NOT NORMALLY RECEIVE MORE THAN ONE-THIRD OF ITS SUPPORT FROM ITEMS DESCRIBED IN SECTION 509(A)(2)(B). THE CHAMBER ORGANIZED AND OPERATED AN EDUCATIONAL FOUNDATION FOR THE SOLE PURPOSE OF FURTHERING THE CHARITABLE AND EDUCATIONAL PURPOSES OF THE CHAMBER. THE FOUNDATION IS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3). SINCE MORE THAN ONE-THIRD OF THE CHAMBER'S SUPPORT IS DERIVED FROM MEMBERSHIP DUES AND FROM FUNDS RESULTING FROM THE PERFORMANCE OF EXEMPT PURPOSES (ALL OF WHICH ARE FROM PERMITTED SOURCES) AND NOT MORE THAN ONE-THIRD OF ITS SUPPORT IS FROM ITEMS DESCRIBED IN SECTION 509(A)(2)(B), IT WOULD BE A PUBLICLY SUPPORTED ORGANIZATION DESCRIBED IN SECTION 509(A)(2) IF IT WERE DESCRIBED IN SECTION 501(C)(3) RATHER THAN SECTION 501(C)(6). ACCORDINGLY, IF THE FOUNDATION OTHERWISE MEETS THE REQUIREMENTS OF SECTION 509(A)(3) WITH RESPECT TO THE CHAMBER, IT WILL BE CONSIDERED AN ORGANIZATION DESCRIBED IN SECTION 509(A)(3). PART IV, SECTION A, LINE 3C: THE PENNSYLVANIA CHAMBER OF BUSINESS AND INDUSTRY EDUCATIONAL FOUNDATION UTILIZES THE FOLLOWING CONTROLS TO ENSURE THAT FUNDS ARE USED IN THE APPROPRIATE MANNER FOR CHARITABLE PURPOSES: MAINTAINING SEPARATE FINANCIAL RECORDS TO RECORD TRANSACTIONS RELATED TO CHARITABLE PURPOSES AND REQUIRING MANAGERIAL APPROVAL FOR ALL DISBURSEMENTS FROM THE EDUCATIONAL FOUNDATION. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE CHAMBER, INCLUDING WHETHER THE ENTITY IS EXEMPT FROM INCOME TAXES. MANAGEMENT EVALUATED THE TAX POSITIONS TAKEN AND CONCLUDED THAT THE CHAMBER HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE CHAMBER IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2019. ECONOMIC FORECAST SUMMIT 43385 15400 27985 27834 EQUALITY & DIVERSITY CONFERENCE 28792 20275 8517 200 807 3195 72177 35675 36502 200 807 31029 32036 4466 0 0 0 0 0 0 0 0 0 MR EUGENE BARR ADVISOR & FORMER PRES. UNTIL 12/22 0 394644 0 50000 0 24785 0 45581 0 23969 0 538979 0 0 MR LUKE BERNSTEIN PRESIDENT BEG 6/22 0 238846 0 200000 0 32108 0 0 0 10902 0 481856 0 0 MS JEWELL LESTER VICE PRESIDENT 0 169044 0 20000 0 13694 0 3905 0 10481 0 217124 0 0 PART I, LINE 3 RELATED ORGANIZATION USES THE FOLLOWING TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S CEO/EXECUTIVE DIRECTOR - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE - WRITTEN EMPLOYMENT CONTRACT FORM 990, PART VI, SECTION B, LINE 11B DRAFT 990 EMAILED TO ALL BOARD MEMBERS FOR THEIR REVIEW PRIOR TO THE FORM BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS ARE REQUIRED TO DISCLOSE CONFLICTS ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 EMPLOYEES ARE EMPLOYED BY PCI SERVICES, INC. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND FORM 990 ARE AVAILABLE UPON REQUEST. PART XII, LINE 2C THE AUDIT COMMITTEE OF THE CONSOLIDATED GROUP IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. ANNUALLY, THE AUDIT COMMITTEE APPOINTS THE INDEPENDENT ACCOUNTANT, APPROVES THE INDEPENDENT ACCOUNTANT'S FEES AND REVIEWS THE AUDITED FINANCIAL STATEMENTS AND TAX RETURNS. THIS PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR. PA CHAMBER OF BUSINESS & INDUSTRY 417 WALNUT ST HARRISBURG PA 17101 230961100 FRONTLINE ADVOCATE FOR BUSINESS IN PENNSYLVANIA PA 501(C)(6) N/A 0 PENNSYLVANIA CHAMBER OF BUSINESS & INDUSTRY POLITICAL ACTION COMMITTEE 417 WALNUT ST HARRISBURG PA 17101 900042553 PROTECTION & ADVANCEMENT OF BUSINESS CLIMATE IN PA PA 527 PCBI 0 COMMONWEALTH LEADERS CUP 417 WALNUT ST HARRISBURG PA 17101 260834189 PROTECTION & ADVANCEMENT OF BUSINESS CLIMATE IN PA PA 527 PCBI 0 CITIZENS TO PROTECT PENNSYLVANIA JOBS 417 WALNUT ST HARRISBURG PA 17101 320236838 EDUCATE THE GENERAL PUBLIC ABOUT BUSINESS ISSUES PA 501(C)(4) PCBI 0 PCI INSURANCE INC 417 WALNUT ST HARRISBURG PA 17101 251775061 MANAGES HEALTH INSURANCE PROGRAMS FOR THE CHAMBER PA N/A C 0 PCI SERVICES INC 417 WALNUT ST HARRISBURG PA 17101 251784573 ADMINISTER THE PERSONNEL AND RELATED EXPENSES PA N/A C 0 YBNCOM INC 417 WALNUT ST HARRISBURG PA 17101 251841466 INACTIVE CORPORATION PA N/A C 0 INSURANCE COALITION INC 417 WALNUT ST HARRISBURG PA 17101 161731740 MANAGES BROKERAGE-RELATED INSURANCE PRODUCTS PA N/A C 0 PENNSYLVANIA CHAMBER INC 417 WALNUT ST HARRISBURG PA 17101 251627143 MEMBERSHIP SERVICES PA PCBI C 38069 7123430 1.00000 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0