2023-11-14T13:08:06-06:00 2022-12-31 251616561 S R SNODGRASS PC 2009 MACKENZIE WAY SUITE 340 CRANBERRY TOWNSHIP PA 16066 990 2022-01-01 824835903 NEXTGEN CHAMBER OF COMMERCE FOUNDATION NEXT 7023355835 700 PENNSYLVANIA AVENUE SE 200 WASHINGTON DC 20003 ADAMA IWU CO-CHAIR 7023355835 2023-11-09 1 ADAMA IWU 999009999 1 DANELLE R STEWART CPA P00535522 7249340344 2023-11-09 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ADAMA IWU 700 PENNSYLVANIA AVENUE SE 200 WASHINGTON DC 20003 163427 0 X WWW.NEXTGENCHAMBER.ORG X 2018 DC THE NEXTGEN CHAMBER OF COMMERCE FOUNDATION WORKS TO SHAPE THE ECONOMY OF THE FUTURE BY PROMOTING POLICY, INCLUSION, AND BUSINESS PRACTICE FOR A NEW GENERATION OF BUSINESS LEADERSHIP. 5 5 1 0 0 0 690513 163427 0 0 0 0 0 0 690513 163427 535000 317500 0 0 48391 66667 0 0 253 136433 145556 719824 529723 -29311 -366296 642086 275790 0 0 642086 275790 THE NEXTGEN CHAMBER OF COMMERCE FOUNDATION WORKS TO SHAPE THE ECONOMY OF THE FUTURE BY PROMOTING POLICY, INCLUSION, AND BUSINESS PRACTICE FOR A NEW GENERATION OF BUSINESS LEADERSHIP. 0 0 438456 317500 100000 NEXTGEN SUPPORTS RESEARCH STUDIES AND ECONOMIC PROJECTS TO EMPOWER A NEW GENERATION OF BUSINESS LEADERSHIP. THROUGH ITS WORK NEXTGEN UPLIFTS THE VOICES OF THE NEXT GENERATION IN PURSUIT OF BETTER CAPITALISM. 438456 1 1 0 0 0 0 0 0 0 0 0 0 0 0 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 0 0 0 0 0 0 1 2 0 1 1 1 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X ADAMA IWU 7023355835 700 PENNSYLVANIA AVENUE SE SUITE WASHINGTON DC 20003 X ARAM NADJARIAN BOARD MEMBER 5.00 X X 0 0 0 RHETT BUTTLE FOUNDER AND TREASURER 5.00 X X 0 0 0 ADAMA IWU CO-CHAIR 5.00 X X 0 0 0 ROY K LEE CO-CHAIR 5.00 X X 0 0 0 CASEY OAKES BOARD MEMBER 5.00 X 0 0 0 0 0 0 0 0 0 0 0 163427 163427 163427 0 0 0 X 317500 317500 60000 60000 403 403 6264 6264 2100 2100 3899 3899 126353 120353 6000 5121 603 4393 125 5033 4905 128 3050 3050 529723 438456 91014 253 642086 275790 642086 275790 0 0 X 46586 172343 595500 103447 642086 275790 642086 275790 -366296 0 X 1 X 0 0 0 X 25000 20200 674255 690513 163427 1573395 25000 20200 674255 690513 163427 1573395 1292724 280671 1573395 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X PART X, LINE 2: THE ORGANIZATION COMPLIES WITH PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES. THE FASB ASC REQUIRES TAX EFFECTS FROM UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE BENEFIT OF TAX POSITION IS RECOGNIZED IN THE FINANCIAL STATEMENTS IN THE PERIOD DURING WHICH, BASED ON ALL AVAILABLE EVIDENCE, MANAGEMENT BELIEVES IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING THE RESOLUTION OF APPEALS OR LITIGATION PROCESSES, IF ANY. TAX POSITIONS TAKEN ARE NOT OFFSET OR AGGREGATED WITH OTHER POSITIONS. DURING THE YEAR ENDED DECEMBER 31, 2022, THE ORGANIZATION DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. INCOME TAX RETURNS FILED BY THE ASSOCIATION ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2019 REMAIN OPEN. IT IS THE ORGANIZATION'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, IN INCOME TAX EXPENSE. 1 NATIONAL ASSOCIATION OF EVANGELICALS PO BOX 23296 WASHINGTON DC 20026 520218653 501C(3) 32500 0 IDENTIFY & EDUCATE RELIGIOUS, SOCIAL GROUPS & BUSINESSES ABOUT THE VALUE OF THE EITC AND CTC CITYGATE NETWORK 2153 CHUCKWAGON RD SUITE 100 COLORADO SPRINGS CO 80919 550479715 501C(3) 22500 0 IDENTIFY & EDUCATE RELIGIOUS, SOCIAL GROUPS & BUSINESSES ABOUT THE VALUE OF THE EITC AND CTC DOUGLASS LEADERSHIP INSTITUTE INC PO BOX 87613 MONTGOMERY VILLAGE MD 20886 474951579 501C(3) 25000 0 IDENTIFY & EDUCATE RELIGIOUS, SOCIAL GROUPS & BUSINESSES ABOUT THE VALUE OF THE EITC AND CTC AMERICAN IDEA FOUNDATION 101 S MAIN ST JANESVILLE WI 53545 833365782 501C(3) 24000 0 IDENTIFY & EDUCATE RELIGIOUS, SOCIAL GROUPS & BUSINESSES ABOUT THE VALUE OF THE EITC AND CTC THE CLAPHAM GROUP 51 W CENTER ST OREM UT 84057 822507123 501C(3) 21000 0 IDENTIFY & EDUCATE RELIGIOUS, SOCIAL GROUPS & BUSINESSES ABOUT THE VALUE OF THE EITC AND CTC SMALL BUSINESS & ENTREPRENEURSHIP COUNCIL 301 MAPLE AVE W STE 690 VIENNA VA 22180 363756240 501C(4) 25000 0 IDENTIFY & EDUCATE RELIGIOUS, SOCIAL GROUPS & BUSINESSES ABOUT THE VALUE OF THE EITC AND CTC FAITH & GIVING COALITION 1717 K STREET NW SUITE 900 WASHINGTON DC 20006 22500 0 IDENTIFY & EDUCATE RELIGIOUS, SOCIAL GROUPS & BUSINESSES ABOUT THE VALUE OF THE EITC AND CTC INSTITUTE FOR FAMILY STUDIES PO BOX 1502 CHARLOTTESVILLE VA 22902 270950140 501C(3) 12500 0 IDENTIFY & EDUCATE RELIGIOUS, SOCIAL GROUPS & BUSINESSES ABOUT THE VALUE OF THE EITC AND CTC GEORGETOWN UNIVERSITY 37TH AND O STREETS NW WASHINGTON DC 20057 530196603 501C(3) 120000 0 IDENTIFY & EDUCATE RELIGIOUS, SOCIAL GROUPS & BUSINESSES ABOUT THE VALUE OF THE EITC AND CTC NAHPA 12223 THORN GROVE PL GERMANTOWN MD 20874 871439475 501C(3) 12500 0 IDENTIFY & EDUCATE RELIGIOUS, SOCIAL GROUPS & BUSINESSES ABOUT THE VALUE OF THE EITC AND CTC 8 2 PART I, LINE 2: NEXTGEN CHAMBER OF COMMERCE FOUNDATION DEVELOPED A GRANT ADVISORY COMMITTEE WHO VOTED AND OVERSAW THE GRANT MAKING PROCESS. THE COMMITTEE CONSISTED OF MEMBERS OF THE ROCKEFELLER FOUNDATION, INTERNAL NEXTGEN TEAM MEMBERS, AND OTHER PARTNER ORGANIZATIONS TO REVIEW THE SELECTION PROCESS OF AWARDING GRANTS VIA PROPOSALS FROM GRANTEE CANDIDATES. IN CONJUNCTION WITH ROCKEFELLER FOUNDATION, NEXTGEN MONITORED PROJECT PROGRESS THROUGH WEEKLY PHONE CALLS AND PROVIDED ONGOING MONTHLY REPORTING OF THE STATUS OF EACH GRANT AND THE ACTIVITIES UNDERTAKEN AS A PART OF THE GRANT AWARD. EACH GRANTEE HAD A CLEAR SET OF DELIVERABLES AND ACTIVITIES, WHICH NEXTGEN ASSESSED THE OUTCOMES OF THE GRANT AGAINST GRANT AGREEMENTS. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR REVIEWS THE FORM 990 WITH THE ENTIRE BOARD UPON FILING. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST FORM 990, PART IX, LINE 11G CONTRACTORS: PROGRAM SERVICE EXPENSES 120,353. MANAGEMENT AND GENERAL EXPENSES 6,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 126,353.