2023-11-15T13:52:09-06:00 2022-12-31 621804252 WATKINS UIBERALL PLLC 1661 AARON BRENNER DR STE 300 MEMPHIS TN 38120 990 2022-01-01 620291250 MEMPHIS AREA CHAMBER OF COMMERCE MEMP 9015433535 100 PEABODY PLACE 1000 MEMPHIS TN 38103 TED FERRIS SENIOR VP AND CAO 9015433535 2023-11-14 1 TED FERRIS 999009999 1 BRYAN D GRISSOM JR P01750233 9017612720 2023-11-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X GREATER MEMPHIS CHAMBER TED FERRIS 100 PEABODY PLACE 1000 MEMPHIS TN 38103 7361900 0 X WWW.MEMPHISCHAMBER.COM X 1906 TN TO SERVE OUR MEMBERS AND PARTNERS BY IMPROVING THE QUALITY OF LIFE THROUGH REGIONAL ECONOMIC PROSPERITY. 30 30 40 86 0 0 5672948 5576375 1128990 1683144 43712 55935 48855 46446 6894505 7361900 0 0 0 0 4191408 4877806 0 0 0 1857753 2768391 6049161 7646197 845344 -284297 3591167 6703559 603664 4286396 2987503 2417163 X TO SERVE OUR MEMBERS AND PARTNERS BY IMPROVING THE QUALITY OF LIFE THROUGH REGIONAL ECONOMIC PROSPERITY. 0 0 ECONOMIC DEVELOPMENT OF THE STANDARD METROPOLITAN STATISTICAL AREA FOCUSING ON SHELBY COUNTY, TN. SERVICE TO THE GENERAL BUSINESS COMMUNITY TO DEVELOP A STRONG ECONOMIC CLIMATE FOR THE AREA SERVICED. MARKETING THE BUSINESS ATTRIBUTES OF THE SERVICE AREA. SUPPORTING NEEDS OF SPECIFIC SPECIAL PROJECTS THAT ENHANCE THE ECONOMIC COMMUNITY. DEVELOPMENT AND IMPLEMENTATION OF LONG RANGE ECONOMIC STRATEGIES 0 1 0 1 0 0 0 0 0 1 0 0 1 1 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 1 1 0 0 1 25 0 1 40 1 0 0 0 0 0 0 0 0 X 30 30 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 1 1 0 TN X TED FERRIS 9015433535 100 PEABODY PLACE STE 1000 MEMPHIS TN 38103 DOUG BROWNE CHAIRMAN 1.00 X X 0 0 0 WILLIE GREGORY IMMEDIATE PAST CHAIR 1.00 X X 0 0 0 BEN ADAMS CHAIR/CHAIRMAN'S CIRCLE 1.00 X X 0 0 0 GREG DUCKETT VICE CHAIRMAN 1.00 X X 0 0 0 DUNCAN WILLIAMS VICE CHAIRMAN 1.00 X X 0 0 0 JASON YARBRO SECRETARY/GENERAL COUNSEL 1.00 X X 0 0 0 DAVID WADDELL TREASURER 1.00 X X 0 0 0 TAMMY LOCASCIO MEMBER 1.00 X X 0 0 0 TOM NEWBERN MEMBER 1.00 X X 0 0 0 RICHARD SMITH MEMBER 1.00 X X 0 0 0 JOZELLE BOOKER DIRECTOR 1.00 X 0 0 0 SCOTT BROCKMAN DIRECTOR 1.00 X 0 0 0 TYRONE BURROUGHS DIRECTOR 1.00 X 0 0 0 SHANNON BROWN DIRECTOR 1.00 X 0 0 0 BILL DUNAVANT DIRECTOR 1.00 X 0 0 0 CRAIG GAFFIN DIRECTOR 1.00 X 0 0 0 TRACY HALL DIRECTOR 1.00 X 0 0 0 KEVIN KANE DIRECTOR 1.00 X 0 0 0 DAPHNE LARGE DIRECTOR 1.00 X 0 0 0 JASON LITTLE DIRECTOR 1.00 X 0 0 0 NEELY MALLORY III DIRECTOR 1.00 X 0 0 0 DAVID MAY DIRECTOR 1.00 X 0 0 0 STACY MCCALL DIRECTOR 1.00 X 0 0 0 RUSSELL NENON DIRECTOR 1.00 X 0 0 0 BLAIR TAYLOR DIRECTOR 1.00 X 0 0 0 CHUCK THOMAS III DIRECTOR 1.00 X 0 0 0 MICHAEL UGWUEKE DIRECTOR 1.00 X 0 0 0 LAURA WHITSITT DIRECTOR 1.00 X 0 0 0 SPENCE WILSON JR DIRECTOR 1.00 X 0 0 0 JARL YOUNG DIRECTOR 1.00 X 0 0 0 JAMES TOWNSEND PRESIDENT AND CEO 40.00 X 261262 0 41458 BEVERLY ROBERTSON PAST PRESIDENT AND CEO 40.00 X 297177 0 41247 TED FERRIS SVP & CHIEF ADMIN 40.00 X 197198 0 35557 NANCY COFFEE SVP OF CHAIRMAN'S CIRCLE 40.00 X 238399 0 38873 AMY DANIELS SVP COMM & PROG 40.00 X 156590 0 16420 SONDRA HOWELL VP TALENT DEVELOPMENT 40.00 X 104027 0 22450 SUSAN MAYNOR VP OF ECONOMIC DEVELOPMENT 40.00 X 123361 0 18162 BOBBY WHITE CHIEF PUBLIC POLICY 40.00 X 154017 0 31081 TROY PARKES DIRECTOR OF BUSINESS DEVELOPMENT 40.00 X 105000 0 7908 ROBERT RECKER PRESIDENT OF CBI 40.00 X 147323 0 26533 DEQUANDA ROBERSON SPONSORSHIP SALES 40.00 X 153901 0 30681 AMITY SCHUYLER SVP OF WORKFORCE 40.00 X 180008 0 24441 SHELBY SPURGEON DIRECTOR OF BUSINESS DEVELOPMENT 40.00 X 100923 0 16015 2219186 0 350826 13 0 1 0 0 1525535 4050840 5576375 PROGRAM PARTNERSHIPS 900099 972108 972108 EVENT REVENUES 900099 666031 666031 COUNCIL FUNDING 900099 45000 45000 CHAMBER PRODUCTS 900099 5 5 1683144 55935 55935 AFFINITY PROGRAM/SPONS 900099 38146 38146 MISCELLANEOUS 900099 8300 8300 46446 7361900 1691444 0 94081 X 3933753 363778 312310 267965 42738 1522599 33415 47784 287200 240139 357077 23942 DUES & SUBSCRIPTIONS 146258 MISCELLANEOUS 57669 PRINTING & PUBLICATIONS 8320 ENTERTAINMENT 1250 7646197 2138492 1285125 160652 527524 137010 8833 446086 188459 57733 257627 990157 1068336 107123 3556114 3591167 6703559 353664 834419 6194 250000 3445783 603664 4286396 X 2934802 2417163 52701 0 2987503 2417163 3591167 6703559 X -284297 -219666 -13676 -52701 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 42816 1274 41542 403270 187185 216085 257627 DUE FROM RELATED PARTY 220865 ROU ASSET 3335249 3556114 ST LEASE LIABILITY 166604 LT LEASE LIABILITY 3279179 3445783 7114958 -219666 39101 -52701 -233266 7348224 13676 13676 7361900 7685298 39101 39101 7646197 0 7646197 PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE RELEASED FROM RESTRICTION -52,701. X 1 0 X X X X X X 0 0 0 BEVERLY ROBERTSON PAST PRESIDENT AND CEO 297177 0 0 0 0 0 30138 0 11109 0 338424 0 0 0 JAMES TOWNSEND PRESIDENT AND CEO 261262 0 0 0 0 0 26261 0 15197 0 302720 0 0 0 NANCY COFFEE SVP OF CHAIRMAN'S CIRCLE 238399 0 0 0 0 0 23715 0 15158 0 277272 0 0 0 TED FERRIS SVP & CHIEF ADMIN 197198 0 0 0 0 0 20216 0 15341 0 232755 0 0 0 AMITY SCHUYLER SVP OF WORKFORCE 180008 0 0 0 0 0 18180 0 6261 0 204449 0 0 0 BOBBY WHITE CHIEF PUBLIC POLICY 154017 0 0 0 0 0 15989 0 15092 0 185098 0 0 0 DEQUANDA ROBERSON SPONSORSHIP SALES 153901 0 0 0 0 0 15977 0 14704 0 184582 0 0 0 ROBERT RECKER PRESIDENT OF CBI 147323 0 0 0 0 0 15081 0 11452 0 173856 0 0 0 AMY DANIELS SVP COMM & PROG 156590 0 0 0 0 0 15255 0 1165 0 173010 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE INDEPENDENT AUDIT FIRM COMPLETES FORM 990. THE CFO REVIEWS THE FORM AND THEN DISTRIBUTES IT TO THE FINANCE COMMITTEE FOR REVIEW AND APPROVAL. THE PRESIDENT AND CEO THEN REVIEW AND SIGN THE FORM BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE POLICY IS DISTRIBUTED TO THE BOARD OF DIRECTORS AND OFFICERS. PRIOR TO A VOTE REGARDING AN ISSUE, THE POLICY IS REVIEWED FOR ANY CONFLICTS. IF A CONFLICT EXISTS, THE DIRECTOR OR OFFICER IS RECUSED FROM THE VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE CHAMBER HAS HIRED AN OUTSIDE FIRM TO MARKET RESEARCH ALL OF THE SALARY GRADES. THE CHAMBER USES THESE PAY GRADES AND LEVELS AS THE RANGE TO PAY EACH EMPLOYEE. EACH EMPLOYEE MUST BE IN THE RANGE. IN REGARD TO THE CEO, HIS COMPENSATION IS BASED ON THE OUTSIDE FIRM'S RESEARCH AND THEN THE EXECUTIVE COMMITTEE REVIEWS AND SETS HIS COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE FORMS ARE KEPT IN A BINDER IN THE FINANCE DEPARTMENT ON AN ANNUAL BASIS SO AS TO BE ACCESSIBLE TO ANYONE AT ANY TIME. SHOULD A REQUEST FOR A COPY BE FILED WITH THE FOUNDATION, THE REQUEST IS GIVEN TO THE COMMUNICATIONS DEPT. TO DETERMINE THE AUTHENTICITY OF THE REQUEST. ONCE THIS IS DETERMINED, A REQUEST IS GIVEN TO THE FINANCE DEPT TO COMPLETE. THIS IS DONE IN A TIMELY MANNER ACCORDING TO THE REQUIREMENTS. FORM 990, PART IX, LINE 11G CONTRACT SERVICES 1,522,599. FORM 990, PART XI, LINE 9: NET ASSETS RELEASED FROM RESTRICTIONS -52,701. PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. MEMPHIS CHAMBER FOUNDATION 100 PEABODY PLACE STE 1000 MEMPHIS TN 38103 237057855 EDUCATION AND RESEARCH TO SUPPORT ECONOMIC DEVELOPMENT PLANNING TN 501(C)(3) LINE 11 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 MEMPHIS CHAMBER FOUNDATION P 16087 MEMPHIS CHAMBER FOUNDATION D 150020