2023-10-19T09:33:20-05:00 2022-12-31 FORVIS LLP 2700 Post Oak Blvd Ste 1500 HOUSTON TX 77056 990 2022-01-01 208179135 Greater Houston Partnership Foundation % ANNA MIGUEL GREA 7138443667 701 Avenida De Las Americas Ste 900 HOUSTON TX 77010 ROBERT HARVEY PRESIDENT 7138443667 2023-05-15 true Robert Harvey XXX-XX-XXXX Amanda Maya P01067777 7134994600 2023-11-15 2 2022 2023-04-26 12:10:37Z ROBERT W HARVEY 701 AVENIDA DE LAS AMERICAS HOUSTON TX 77010 2181040 false X WWW.HOUSTON.ORG X 2007 TX SUPPORT THE ECONOMIC DEVELOPMENT IN THE GREATER HOUSTON AREA WITH ATTENTION TO AREAS IN HOUSTON THAT HAVE BEEN ECONOMICALLY DEPRESSED WITH CAPITAL INVESTMENT AND JOB GROWTH. 3 3 0 3 0 0 4442075 2058244 0 0 30 1040 -63377 -192613 4378728 1866671 2379151 3910000 0 0 0 0 0 0 0 7215 7638 2386366 3917638 1992362 -2050967 7452516 5401549 0 0 7452516 5401549 X SUPPORT THE ECONOMIC DEVELOPMENT IN THE GREATER HOUSTON AREA WITH ATTENTION TO AREAS IN HOUSTON THAT HAVE BEEN ECONOMICALLY DEPRESSED WITH HISTORICALLY LOW CAPITAL INVESTMENT AND JOB GROWTH. THE FOUNDATION IS ORGANIZED AND OPERATED TO DEVELOP AND IMPLEMENT STRATEGIC PLANS FOR THE ECONOMIC DEVELOPMENT OF THE GREATER HOUSTON REGION. false false 3910000 3910000 THE FOUNDATION PARTICIPATES IN CHARITABLE ECONOMIC DEVELOPMENT WITHIN ECONOMICALLY DEPRESSED AREAS OF THE HOUSTON REGION TO ENCOURAGE RECRUITMENT AND RETENTION OF JOBS. THE FOUNDATION WORKS TO TARGET JOB CREATION AND NEW INVESTMENT IN THESE AREAS THAT HISTORICALLY HAVE LOW CAPITAL INVESTMENT AND JOB GROWTH. BY WORKIN WITH EXISTING COMPANIES AND PROMOTING THE HOUSTON REGION TO PROSPECTIVE EMPLOYERS, THE FOUNDATION CONTRIBUTES TO INCREASE JOB CREATION AND INVESTMENTS THAT PREVENT AND FIGHT COMMUNITY DETERIORATION. 3910000 true true false false false false false false false false false false false false false true false true false false false false false false true false false true false true false false false false false false false false false false false false false true false true false true 1 0 true 0 false false false false false true true false false false false false false X 3 3 false false false false false false false true true false false true true true true true true true true false X ANNA MIGUEL 7138443600 701 AVENIDA DE LAS AMERICAS STE 90 HOUSTON TX 77010 ROBERT W HARVEY PRESIDENT 1.0 50.0 X 0 704898 32113 SUSAN DAVENPORT VICE PRESIDENT 1.0 40.0 X 0 320658 21666 KATHARINE PRYOR VP/SECRETARY/TREASURER 1.0 40.0 X 0 291634 21051 GERALDINE RICHARDS-THRU 422 VP/SECRETARY/TREASURER 1.0 40.0 X 0 71244 6569 DAN BELLOW Director 1.0 0.0 X 0 0 0 MARC BOOM Director 1.0 1.0 X 0 0 0 THAD HILL Director 1.0 1.0 X 0 0 0 0 1388434 81399 0 false true false 0 278244 1780000 2058244 0 1040 1040 0 0 0 0 0 0 121756 278244 314369 -192613 -192613 0 0 0 0 0 0 0 1866671 0 -191573 3910000 3910000 0 0 0 0 0 0 0 0 0 0 0 5824 5824 0 0 143 143 0 0 0 0 0 0 0 0 0 0 0 0 0 Bank Charges 1671 1671 3917638 3910000 7638 0 2452018 1598067 74294 75023 4965583 4245305 31500 37239 0 0 0 0 0 0 0 0 0 0 0 0 11951 11881 0 0 0 0 0 0 -82830 -565966 7452516 5401549 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 0 0 7452516 5401549 7452516 5401549 7452516 5401549 -2050967 X false true X true false X 258000 6185000 1583500 4442075 2058244 14526819 0 0 258000 6185000 1583500 4442075 2058244 14526819 4775594 9751225 10 39216 14182 88 1040 54536 0 0 14581355 0.66875 0.60477 X FORM 990, SCHEDULE A, PART II UNUSUAL GRANTS: THE ORGANIZATION RECEIVED THE FOLLOWING UNUSUAL GRANTS WHICH WERE NOT INCLUDED IN THE PUBLIC SUPPORT CALCULATION IN PART II, COLUMN A AND COLUMN B: TAX YEAR 2018 - UNUSUAL GRANT #1 $1,978,091 TAX YEAR 2019 - UNUSUAL GRANT #2 $2,000,000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 X 1930897 -250000 -250000 2180897 143 -314369 -314226 1866671 4231864 314369 314369 3917495 143 143 3917638 SCHEDULE D, PART X, LINE 2 ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE ENTITY'S MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ENTITY AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ENTITY HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE ENTITY'S MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ENTITY, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2022 AND 2021, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE COMBINED FINANCIAL STATEMENTS. THE ENTITY IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS. SCHEDULE D, PART XI, LINE 4B SPECIAL EVENT EXPENSES IN RETURN REVENUE $(314,369) SCHEDULE D, PART XII, LINE 2D SPECIAL EVENT EXPENSES IN RETURN REVENUE $ 314,369 SOIREE 224500 144800 79700 158905 7225 45878 GOLF TOURNAMENT 175500 133444 42056 4444 20880 11906 12490 52641 0 400000 278244 121756 4444 20880 170811 19715 98519 314369 -192613 true GREATER HOUSTON PARTNERSHIP 701 AVENIDA DE LAS AMERICAS SUITE HOUSTON TX 77010 760267896 501 (C) (6) 3910000 FMV SUPPORT 1 SCHEDULE I, PART I, LINE 2 ORGANIZATION'S PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE US DURING 2022, A GRANT OF $3,910,000 WAS MADE TO THE GREATER HOUSTON PARTNERSHIP INC. (PARTNERSHIP) TO FUND CONTINUATION OF ECONOMIC DEVELOPMENT WORK TO TARGET JOB CREATION AND NEW INVESTMENT SPECIFIC TO AREAS IN HOUSTON THAT HAVE BEEN ECONOMICALLY DEPRESSED WITH HISTORICALLY LOW CAPITAL INVESTMENT AND JOB GROWTH, IN ACCORDANCE WITH THE MISSION OF THE GHP FOUNDATION. THE PARTNERSHIP DEVELOPS, LEADS, AND PROSPECTS FOR TARGET INDUSTRIES AND HEADQUARTERS RECRUITMENT AND EXPANSIONS. false false false false false false false false false KATHARINE PRYOR VP/SECRETARY/TREASURER 0 235425 0 50000 0 6209 0 5896 0 15155 0 312685 0 0 ROBERT W HARVEY PRESIDENT 0 486615 0 198000 0 20283 0 18300 0 13813 0 737011 0 0 SUSAN DAVENPORT VICE PRESIDENT 0 268166 0 44750 0 7742 0 13594 0 8072 0 342324 0 0 SCHEDULE J, PART I, LINE 3 THE ORGANIZATION'S TOP MANAGEMENT OFFICIALS ARE COMPENSATED BY A RELATED ORGANIZATION WHICH USES THE FOLLOWING METHODS TO ESTABLISH COMPENSATION: COMPENSATION COMMITTEE WRITTEN EMPLOYMENT CONTRACT COMPENSATION SURVEY OR STUDY FORM 990 OF OTHER ORGANIZATIONS APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS REVIEWED BY THE CEO, VP OF FINANCE AND ACCOUNTING, AND THE AUDIT COMMITTEE OF THE GREATER HOUSTON PARTNERSHIP, INC. PRIOR TO PROVIDING A COPY TO EACH BOARD MEMBER AND FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD AND OFFICERS ARE COVERED BY THE COMPLIANCE POLICY. ALL TRANSACTIONS ARE REVIEWED BY THE OFFICERS AND THE BOARD ON A REGULAR BASIS. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION COMMITTEE OF THE GREATER HOUSTON PARTNERSHIP, INC. WHICH INCLUDES THE BOARD MEMBERS OF THE FOUNDATION USED SURVEY AND MARKET DATA TO SET THE COMPENSATION OF THE OFFICERS. FORM 990, PART VI, SECTION B, LINE 15B AN INTERNAL EXECUTIVE COMPENSATION COMMITTEE OF THE GREATER HOUSTON PARTNERSHIP MEETS ANNUALLY TO DETERMINE COMPENSATION FOR OTHER OFFICERS AND/OR KEY EMPLOYEES WITHIN THE ORGANIZATION USING DATA AND SURVEYS OR COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS AT SIMILARLY SITUATED ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST IN PERSON, BY EMAIL AND MAIL. GREATER HOUSTON PARTNERSHIP INC 701 AVENIDA DE LAS AMERICAS STE HOUSTON TX 77010 760267896 ECON. DEV. TX 501(C)(6) NA false false true false false false false false false false false false false true true true true false false false GREATER HOUSTON PARTNERSHIP INC B 3910000 FMV GREATER HOUSTON PARTNERSHIP INC P 314369 FMV