2023-11-10T15:33:27-06:00 2022-12-31 FORVIS LLP 1222 Demonbreun Street Suite 950 Nashville TN 372033357 990 2022-01-01 205509339 BOWLING GREEN AREA CHAMBER FOUNDATION INC % MEREDITH ROZANSKI BOWL 2707813200 710 COLLEGE STREET BOWLING GREEN KY 42101 RONALD BUNCH PRESIDENT/CEO 2707813200 2023-11-15 true RONALD BUNCH 999009999 P00289876 6159883600 2023-11-15 2 2022 2023-04-26 12:10:37Z RONALD BUNCH 710 COLLEGE STREET BOWLING GREEN KY 42101 155045 false X www.scklaunch.com X 2006 KY THE FOUNDATION SUPPORTS THE BOWLING GREEN AREA CHAMBER OF COMMERCE, INC., COLLECTING CONTRIBUTIONS THAT ALLOW THE CHAMBER OF COMMERCE TO CONDUCT PROGRAMS OF COMMUNITY WIDE BENEFIT. 8 7 0 200 0 62203 58890 136114 95693 845 462 0 0 199162 155045 0 0 0 0 0 0 0 0 0 209827 161814 209827 161814 -10665 -6769 519224 542774 9920 40239 509304 502535 X THE FOUNDATION SUPPORTS THE BOWLING GREEN AREA CHAMBER OF COMMERCE, INC., COLLECTING CONTRIBUTIONS THAT ALLOW THE CHAMBER OF COMMERCE TO CONDUCT PROGRAMS TO FOSTER EDUCATION, TRAINING AND RESEARCH TO ADVANCE THE ECONOMIC WELLBEING OF THE WORKFORCE OF BOWLING GREEN. false false 49978 48578 THE SCK LAUNCH EXPERIENCE IS A PARTNERSHIP BETWEEN THE BOWLING GREEN AREA CHAMBER FOUNDATION, THE BOWLING GREEN INDEPENDENT SCHOOL DISTRICT, WARREN COUNTY PUBLIC SCHOOLS AND LOCAL BUSINESSES TO ENSURE FUTURE GRADUATES SUCCEED IN THEIR CAREERS. THE SCK LAUNCH EXPERIENCE HOSTS AN ANNUAL HANDS-ON CAREER EXPO FOR 8TH GRADERS; EDUCATORS ATTEND AN EDUCATOR EXTERNSHIP OR CAREER SHADOWING AND STUDENTS CAN PARTICIPATE IN CAREER SHADOWING OPPORTUNITIES. 31715 53035 LEADERSHIP BOWLING GREEN HOSTED ANOTHER CLASS OF FUTURE LEADERS AND INSPIRED THEM THROUGH PROGRAMMING RELATED TO OUR COMMUNITY. 9895 0 THE ONTRACK PROGRAM IS THE CHAMBER'S STEM PROGRAMMING BUILT AROUND PERFORMANCE RACING. ONTRACK IS DESIGNED TO DRIVE EDUCATION THROUGH MOTORSPORTS. ONTRACK HAS TWO COMPONENTS - THE GRUDGE MATCH AND PRIMARY SCHOOL ENGAGEMENT. 14174 0 OTHER 2579 BG WORKS FOR ME 16753 0 108341 true true false false false false false false false false false false false false false false false true false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true 4 0 true 0 false false false false false false false false false false false false X 8 7 false false false false false false false true true false false true true true true true true false false false KY X MEREDITH ROZANSKI 2707813200 710 COLLEGE STREET BOWLING GREEN KY 42101 RON BUNCH PRESIDENT & CEO 1.0 39.0 X X 0 318308 7020 TOMMY ADAMS CHAIRMAN 1.0 0.0 X X 0 0 0 MIKE MURPHY BOARD MEMBER 1.0 0.0 X 0 0 0 ANN PUCKETT BOARD MEMBER 1.0 0.0 X 0 0 0 RODNEY ROGERS BOARD MEMBER 1.0 0.0 X 0 0 0 MIKE SIMPSON BOARD MEMBER 1.0 1.0 X 0 0 0 KIM THOMAS BOARD MEMBER 1.0 1.0 X 0 0 0 BRUCE WILKERSON BOARD MEMBER 1.0 1.0 X 0 0 0 0 318308 7020 0 false true false 0 58890 58890 LEADERSHIP COURSES 611430 50255 50255 SCK LAUNCH 611710 45438 45438 95693 462 462 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 155045 95693 462 0 0 0 0 0 0 0 0 0 0 46500 46500 0 0 0 0 0 21100 14149 6951 0 47 25 22 0 0 0 0 0 0 0 0 0 0 SCK LAUNCH PROGRAM EXPENSES 49978 49978 LEADERSHIP BOWLING GREEN EXP 31715 31715 ON TRACK EXPENSE 9895 9895 BG WORKS FOR ME 2579 2579 161814 108341 53473 0 312693 334441 204331 204583 0 0 2200 3500 0 0 0 0 0 0 0 0 0 250 0 0 0 0 0 0 0 0 0 0 0 0 519224 542774 4920 8739 0 0 5000 31500 0 0 0 0 0 0 0 0 0 0 0 0 9920 40239 X 499190 492421 10114 10114 509304 502535 519224 542774 -6769 X false true X false false X 281784 95852 151148 62203 58890 649877 0 0 281784 95852 151148 62203 58890 649877 200254 449623 2223 5333 3926 845 462 12789 0 0 662666 432801 0.67851 0.71907 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED FORM 990, SCH D, PART X, LINE 2 UNCERTAIN TAX POSITIONS ----------------------- THE FOUNDATION IS REQUIRED TO BE INCLUDED IN THE CONSOLIDATED AUDIT REPORT WITH THE BOWLING GREEN AREA CHAMBER OF COMMERCE BECAUSE OF THE CONTROL CREATED BY THE COMMON MAJORITY VOTING INTEREST AND THE ECONOMIC INTEREST THAT EXISTS. THE FOLLOWING DISCLOSURE IS INCLUDED IN THE CONSOLIDATED AUDIT REPORT: The Organization utilizes the accounting requirements associated with uncertainty in income taxes using the provisions of Financial Accounting Standards Board (FASB) ASC 740, Income Taxes. Using that guidance, tax positions initially need to be recognized in the financial statements when it is more likely-than-not the positions will be sustained upon examination by the tax authorities. It also provides guidance for derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. As of December 31, 2022 and 2021, the Organization has no uncertain tax provisions that qualify for recognition or disclosure in the financial statements. FUNDRAISING CAMPAIGN SCHEDULE G, PART I, LINE 2 -------------------------------- THE BOWLING GREEN AREA CHAMBER OF COMMERCE BEGAN THE PLANNING PHASES OF A CAMPAIGN FOR FUNDS TO BE USED IN THE FOUNDATION'S PROGRAM, SOUTH CENTRAL KENTUCKY LEARNING ABOUT UNIQUE AND NEW CAREERS HERE (SCK LAUNCH.) THIS IS AN OVERARCHING TALENT DEVELOPMENT STRATEGY THAT BEGINS AT THE EARLIEST OPPORTUNITY IN KINDERGARTEN AND CARRIES TO GRADUATION. THE GOAL OF THE CAMPAIGN IS TO RAISE $2 MILLION OF PHILANTHROPIC SUPPORT FROM THE COMMUNITIY TO ENHANCE THE SCK LAUNCH PROGRAM TO EMPLOY ALL STUDENTS TO LEVERAGE THEIR OPTIONS UPON GRADUATION. PROMISES TO GIVE OVER PERIODS FROM ONE TO FIVE YEARS BEGAN IN 2020. THE CAMPAIGN IS BEING MAINTAINED BY THE FOUNDATION. false false false false false false false false false RON BUNCH PRESIDENT & CEO 0 318308 0 0 0 0 0 0 0 7020 0 325328 0 0 FORM 990, PART VI, SECTION B, LINE 11 PROCESS TO REVIEW FORM 990 -------------------------- THE FORM 990 IS REVIEWED BY THE PRESIDENT AND COO OF THE BOWLING GREEN AREA CHAMBER OF COMMERCE. A COPY OF THE FORM IS DISTRIBUTED TO BOARD MEMBERS VIA EMAIL. FORM 990, PART VI, SECTION B, LINE 12C PROCESS FOR MONITORING CONFLICT OF INTEREST POLICY -------------------------------------------------- THE ORGANIZATION RELIES ON BOARD MEMBERS AND STAFF TO DISCLOSE CONFLICTS OF INTEREST. IF POTENTIAL CONFLICTS RISE, THEY ARE ADDRESSED IMMEDIATELY WITH THE AFFECTED PARTY. FORM 990, PART VI, SECTION C, LINE 19 MAKING DOCUMENTS AVAILABLE TO THE PUBLIC ---------------------------------------- THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 PART IX LINE 11G DESCRIPTION:PROFESSIONAL FEES TOTAL FEES:21100 BOWLING GREEN AREA CHAMBER OF COMMERCE 710 COLLEGE STREET BOWLING GREEN KY 42102 610139152 CIVIC KY 501(C)(6) NA true false false false false false false false false false false false true true false false false false false