2023-11-15T23:03:59-06:00 2022-12-31 232896692 BBD LLP 1835 MARKET STREET 3RD FLOOR PHILADELPHIA PA 19103 990 2022-01-01 510098307 NEW CASTLE COUNTY CHAMBER OF COMMERCE INC NEWC 3027374343 900-920 JUSTISON STREET WILMINGTON DE 19801 BOB CHADWICK PRESIDENT 3027374343 2023-11-16 1 BOB CHADWICK 999009999 0 JENNIFER SOLOT P00749373 2155677770 2023-11-14 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z BOB CHADWICK 900-920 JUSTISON STREET WILMINGTON DE 19801 1170908 0 X WWW.NCCCC.COM X 1982 DE CREATE BUSINESS DEVELOPMENT OPPORTUNITIES FOR OUR MEMBERS AND ADVOCATE FOR STRONG AND STABLE ECONOMIC CLIMATE 21 21 14 23 0 0 661689 489896 525244 680816 903 196 0 0 1187836 1170908 0 0 0 0 645512 635996 0 0 0 460371 586920 1105883 1222916 81953 -52008 1139148 1386730 324269 345236 814879 1041494 CREATE BUSINESS DEVELOPMENT OPPORTUNITIES FOR OUR MEMBERS AND ADVOCATE FOR STRONG AND STABLE ECONOMIC CLIMATE 0 0 1036592 680816 THE NEW CASTLE COUNTY CHAMBER OF COMMERCE HAS GROWN TO SERVE OVER 1,000 MEMBERS CURRENTLY. THE NEW CASTLE COUNTY CHAMBER OF COMMERCE CONTINUES ITS INVOLVEMENT IN GOVERNMENT AFFAIRS, SPECIAL BUSINESS EVENTS AND OVERSEES BUSINESS SPECIFIC PROGRAMS. 1036592 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 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 0 0 1 5 0 1 14 1 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X THE ORGANIZATION 3027374343 900-920 JUSTISON STREET WILMINGTON DE 19801 STEVEN BACCINO CHAIR OF THE BOARD 3.00 0.00 X X 0 0 0 LISA ALVINO DIRECTOR 3.00 0.00 X 0 0 0 DOUG AZAR DIRECTOR 3.00 0.00 X 0 0 0 DAVID BROND DIRECTOR 3.00 0.00 X 0 0 0 PAUL BRYANT DIRECTOR 3.00 0.00 X 0 0 0 MARY KATE CAMPBELL DIRECTOR 3.00 0.00 X 0 0 0 JENNIFER COHAN DIRECTOR 3.00 0.00 X 0 0 0 JOE DIVIS DIRECTOR 3.00 0.00 X 0 0 0 MONICA EBODA DIRECTOR 3.00 0.00 X 0 0 0 LISA HIMBER DIRECTOR 3.00 0.00 X 0 0 0 BILL HOLLOWAY DIRECTOR 3.00 0.00 X 0 0 0 J BARNABY HUGHES DIRECTOR 3.00 0.00 X 0 0 0 MATTHEW LANTAGNE DIRECTOR 3.00 0.00 X 0 0 0 RICK LAPENTA DIRECTOR 3.00 0.00 X 0 0 0 LISA LINDSEY DIRECTOR 3.00 0.00 X 0 0 0 CHRISTINE MANTEGNA DIRECTOR 3.00 0.00 X 0 0 0 DICK MARTIN DIRECTOR 3.00 0.00 X 0 0 0 JEFF MARTINO DIRECTOR 3.00 0.00 X 0 0 0 MICHAEL PORTER DIRECTOR 3.00 0.00 X 0 0 0 PAMELA J SCOTT DIRECTOR 3.00 0.00 X 0 0 0 BRYON SHORT DIRECTOR 3.00 0.00 X 0 0 0 BOB CHADWICK PRESIDENT 40.00 3.00 X 175239 0 5257 175239 0 5257 1 0 1 0 0 489896 489896 PROGRAM FEES 561499 430816 430816 MANAGEMENT FEES 561499 250000 250000 680816 196 196 1170908 680816 0 196 175239 157715 17524 362574 326317 36257 56268 50641 5627 41915 37724 4191 40406 26668 13738 39135 25829 13306 4476 3581 895 155862 138968 16894 6609 4362 2247 16222 10707 5515 20698 17593 3105 MEMBER PROGRAMS 136424 116392 20032 GOVERNMENT AFFAIRS 91073 60108 30965 OTHER 51747 43305 8442 EQUIPMENT AND MAINTENAN 14294 10006 4288 9974 6676 3298 1222916 1036592 186324 0 833691 841594 38250 64695 12503 12778 707206 649443 57686 57763 -278623 475641 409900 1139148 1386730 129888 98729 129564 128477 64817 118030 324269 345236 X 814879 1041494 0 0 814879 1041494 1139148 1386730 X -52008 278623 X 0 1 X 1 0 0 0 0 489896 14930 14930 14930 253531 219214 34317 453675 430229 23446 57763 DUE FROM BENEFITS COMPANY 390100 SECURITY DEPOSIT 19800 409900 DUE TO BENEFITS COMPANY 66539 OTHER LIABILITIES 51491 118030 X 1170908 0 1170908 0 1170908 1222916 0 1222916 0 1222916 PART X, LINE 2: THE CHAMBER QUALIFIES AS A NOT-FOR-PROFIT ENTITY UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND IS NOT LIABLE FOR FEDERAL OR STATE INCOME TAXES. IN ADDITION, THE CHAMBER HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A "PRIVATE FOUNDATION" WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. THE CHAMBER, AS PREVIOUSLY DISCUSSSED, ADHERES TO ASC 740. ASC 740 REQUIRES, AMONG OTHER THINGS, THAT THE CHAMBER EVALUATE ALL MATERIAL INCOME TAX POSITIONS FOR PERIODS THAT REMAIN OPEN UNDER APPLICATION STATUTES OF LIMITATIONS, AS WELL AS POSITIONS EXPECTED TO BE TAKE IN FUTURE RETURNS. MANAGEMENT HAS REVIEWED ITS CURRENT AND PAST FEDERAL AND STATE INCOME TAX POSITIONS AND HAS DETERMINED, BASED ON CLEAR AND UNAMBIGUOUS TAX LAW AND REGUALTIONS, THAT THE TAX POSITIONS TAKEN ARE CERTAIN AND THAT THERE IS NO LIKELIHOOD THAT A MATERIAL TAX ASSESSMENT WOULD BE MADE IF THE RESPECTIVE GOVERNMENT AGENCY EXAMINED TAX RETURNS SUBJECT TO AUDIT. ACCORDINGLY, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED. CURRENTLY, THE DECEMBER 31, 2019, 2022, AND 2021, TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES; HOWEVER, THE CHAMBER AND NCCCC BENEFITS BEEN CONTACTED BY EITHER OF THESE JURISDICTIONS. ANY INTEREST AND PENALTIES RELATED TO INCOME TAXES WOULD BE RECORDED AS INCOME TAX EXPENSE. THERE ARE NO INTEREST OR PENALTIES INCURRED DURING THE YEARS ENDED DECEMBER 31, 2022 AND 2021. X X X 0 0 0 BOB CHADWICK PRESIDENT 136500 0 38739 0 0 0 5257 0 0 0 180496 0 0 0 PART I, LINE 3 THE DETERMINATION OF THE COMPENSATION OF THE PRESIDENT OF THE NEW CASTLE COUNTY CHAMBER OF COMMERCE WAS DETERMINED BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. THIS REVIEW INCLUDED MANY FACTORS, ONE OF WHICH WAS A DETAILED COMPARABILITY STUDY. FORM 990, PART VI, SECTION B, LINE 11B THE VICE PRESIDENT OF FINANCE REVIEWS THE 990, THEN SUBMITS IT TO THE PRESIDENT TO REVIEW. THE FINANCE COMMITTEE CHAIR THEN REVIEWS IT AND IF ALL APPROVE, THE AUDITORS HAVE PERMISSION TO FILE. FORM 990, PART VI, SECTION B, LINE 12C THE PRESIDENT IS WATCHFUL FOR ANY CONDITIONS THAT MAY BE PERCEIVED OR ACTUALLY ARE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE DETERMINATION OF THE COMPENSATION OF THE PRESIDENT OF THE NEW CASTLE COUNTY CHAMBER OF COMMERCE WAS DETERMINED BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. THIS REVIEW INCLUDED MANY FACTORS, ONE OF WHICH WAS A DETAILED COMPARABILITY STUDY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT PUBLISH ITS GOVERNING DOCUMENTS PUBLICLY. HOWEVER, THE ORGANIZATION WOULD ALLOW IT'S MEMBERS AND THE PUBLIC TO REVIEW CERTAIN DOCUMENTS UPON WRITTEN REQUEST. FORM 990 IS ALSO AVAILABLE ON GUIDESTAR.ORG. FORM 990, PART XI, LINE 9: INVESTMENT IN SUBSIDIARY 278,623. EMERGING ENTERPRISES CENTER INC 900-920 JUSTISON ST WILMINGTON DE 19801 273709704 BUSINESS SUPPORT DE 501(C)(3) LINE 7 NEW CASTLE 0 NCCCC BENEFITS CONNECTION INC 900-920 JUSTISON ST WILMINGTON DE 19801 510263513 GROUP INSURANCE DE NCCCC C 295081 960368 1.00000 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 EMERGING ENTERPRISE CENTER J 133020 FMV EMERGING ENTERPRISE CENTER L 50000 FMV NCCCC BENEFITS INC L 200000 FMV