2023-09-06T15:01:11-05:00 2022-12-31 232108173 RKL LLP PO BOX 8408 LANCASTER PA 176048408 990 2022-01-01 230961100 PENNSYLVANIA CHAMBER OF BUSINESS AND INDUSTRY PENN 7172553252 417 WALNUT STREET HARRISBURG PA 17101 JEWELL LESTER VICE PRESIDENT 7172553252 2023-08-06 1 JEWELL LESTER 999009999 0 MOLLY L RAMOS CPA P00399762 7173945666 2023-08-06 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z JEWELL LESTER 417 WALNUT STREET HARRISBURG PA 17101 12858251 0 X WWW.PACHAMBER.ORG X 1917 PA THE PENNSYLVANIA CHAMBER OF BUSINESS AND INDUSTRY IS THE LARGEST BROAD-BASED BUSINESS ASSOCIATION IN PENNSYLVANIA. THOUSANDS OF MEMBERS THROUGHOUT THE COMMONWEALTH EMPLOY GREATER THAN 50 PERCENT OF PENNSYLVANIA'S PRIVATE WORKFORCE. HEADQUARTERED IN HARRISBURG, THE PA CHAMBER SERVES AS THE FRONTLINE ADVOCATE FOR BUSINESS ON CAPITOL HILL BY INFLUENCING THE LEGISLATIVE, REGULATORY, AND JUDICIAL BRANCHES OF STATE GOVERNMENT. THE PENNSYLVANIA CHAMBER OF BUSINESS AND INDUSTRY IS DEDICATED TO HELPING ITS MEMBERS UNDERSTAND AND EASILY FOLLOW THE COMPLEXITIES OF STATE AND FEDERAL WORKPLACE REGULATIONS. SERVICES INCLUDE CONFERENCES AND PUBLICATIONS ON A WIDE VARIETY OF ISSUES IMPORTANT TO THE BUSINESS COMMUNITY. OUR MISSION IS TO ACT AS THE "STATEWIDE VOICE OF BUSINESSTM AND ARTICULATE AND ADVOCATE ON THOSE PUBLIC POLICY ISSUES THAT WILL EXPAND PRIVATE SECTOR JOB CREATION AND LEAD TO A MORE PROSPEROUS PENNSYLVANIA FOR ALL ITS CITIZENS. 56 55 0 70 424225 464790 10000 90000 4599120 5064787 2689728 597553 582293 481423 7881141 6233763 0 0 0 0 0 0 0 0 0 6780891 8386587 6780891 8386587 1100250 -2152824 40901659 34389724 2573403 3296679 38328256 31093045 X THE PENNSYLVANIA CHAMBER OF BUSINESS AND INDUSTRY IS THE LARGEST BROAD-BASED BUSINESS ASSOCIATION IN PENNSYLVANIA. THOUSANDS OF MEMBERS THROUGHOUT THE COMMONWEALTH EMPLOY GREATER THAN 50 PERCENT OF PENNSYLVANIA'S PRIVATE WORKFORCE. HEADQUARTERED IN HARRISBURG, THE PA CHAMBER SERVES AS THE FRONTLINE ADVOCATE FOR BUSINESS ON CAPITOL HILL BY INFLUENCING THE LEGISLATIVE, REGULATORY, AND JUDICIAL BRANCHES OF STATE GOVERNMENT. THE PENNSYLVANIA CHAMBER OF BUSINESS AND INDUSTRY IS DEDICATED TO HELPING ITS MEMBERS UNDERSTAND AND EASILY FOLLOW THE COMPLEXITIES OF STATE AND FEDERAL WORKPLACE REGULATIONS. SERVICES INCLUDE CONFERENCES AND PUBLICATIONS ON A WIDE VARIETY OF ISSUES IMPORTANT TO THE BUSINESS COMMUNITY. OUR MISSION IS TO ACT AS THE "STATEWIDE VOICE OF BUSINESSTM AND ARTICULATE AND ADVOCATE ON THOSE PUBLIC POLICY ISSUES THAT WILL EXPAND PRIVATE SECTOR JOB CREATION AND LEAD TO A MORE PROSPEROUS PENNSYLVANIA FOR ALL ITS CITIZENS. 0 0 THE PA CHAMBER SERVES AS THE FRONTLINE ADVOCATE FOR BUSINESS IN PENNSYLVANIA. OUR HIGHLY VISIBLE GOVERNMENT AFFAIRS TEAM TAKES ACTION TO INFLUENCE PUBLIC POLICY AT THE STATE AND FEDERAL LEVEL AND WORKS TO ENSURE THAT THE CONCERNS OF OUR MEMBERS ARE BEING HEARD BY ELECTED OFFICIALS. THROUGH LOBBYING, TESTIFYING AND SUBMITTING COMMENTS TO STANDING LEGISLATIVE COMMITTEES, DEVELOPING KEY RELATIONSHIPS, ENGAGING IN GRASSROOTS ACTIVITIES, AND TRACKING BILLS AND REGULATIONS, THE PA CHAMBER PROMOTES PRO-BUSINESS LEGISLATION AND FIGHTS ANTI-BUSINESS LEGISLATION WITH ONE GOAL IN MIND: IMPROVING THE BUSINESS CLIMATE AND CREATING A BETTER QUALITY OF LIFE FOR EVERY PENNSYLVANIAN. LEGISLATIVE VICTORIES ON BEHALF OF OUR MEMBERSIN 2022, THE PA CHAMBER ACHIEVED SEVERAL LONG SOUGHT-AFTER VICTORIES ON BEHALF OF ITS BROAD-BASED MEMBERSHIP! MANY OF THESE ACCOMPLISHMENTS WILL GO A LONG WAY TO IMPROVING OUR COMPETITIVENESS AMONG OTHER STATES AND HELP TO ATTRACT MORE BUSINESS INVESTMENT, THEREBY INCREASING JOBS AND IMPROVING THE QUALITY OF LIFE FOR EMPLOYERS, WORKERS AND FAMILIES THROUGHOUT PENNSYLVANIA. MOST NOTABLY, ACT 53 OF 2022 THE MOST MONUMENTAL TAX REFORM PACKAGE IN DECADES WAS ENACTED IN PARTNERSHIP WITH THE PA CHAMBER, A STRONG BIPARTISAN COALITION OF LAWMAKERS AND FORMER GOV. TOM WOLF. THE LAW CUTS THE STATE'S CORPORATE NET INCOME RATE IN HALF FROM 9.99 PERCENT (THE SECOND HIGHEST CNI IN THE NATION) TO 4.99 PERCENT BY 2031 (THE 8TH LOWEST). IN ADDITION, ACT 53 INCLUDED TAX REFORMS THAT MAKE PENNSYLVANIA MORE ATTRACTIVE TO SMALL TO MID-SIZED EMPLOYERS, INCLUDING LIKE-KIND EXCHANGES THAT LET EMPLOYERS DEFER PERSONAL INCOME TAX LIABILITIES WHEN ONE PROPERTY IS EXCHANGED FOR ANOTHER PROPERTY; AND SECTION 79 EXPENSE DEDUCTIONS, ALLOWING BUSINESSES TO DEDUCT THE FULL PURCHASE PRICE OF QUALIFYING EQUIPMENT, IN ORDER TO BE CONSISTENT WITH FEDERAL LAW. BOTH OF THESE SMALL BUSINESS REFORMS ENCOURAGE EMPLOYERS TO INVEST MORE IN THEIR FACILITIES, AND THEIR WORKFORCE.ALSO IN 2022, THE PA CHAMBER WAS INSTRUMENTAL IN ENACTING LAWS THAT ARE HELPING ADVANCE INFRASTRUCTURE PROJECTS IN THE COMMONWEALTH; HELPED MEET EMPLOYERS' WORKFORCE NEEDS NOW AND IN THE FUTURE; PREVENTED AN UNFAIR UNEMPLOYMENT COMPENSATION RATE INCREASE ON ROUGHLY 2,700 PENNSYLVANIA BUSINESSES; BARRED THE COMMONWEALTH FROM JOINING THE COSTLY REGIONAL GREENHOUSE GAS INITIATIVE; AND MORE.ADDITIONAL PA CHAMBER 2022 ACHIEVEMENTS, AND THROUGHOUT THE ENTIRETY OF THE 2021-22 SESSION, CAN BE FOUND IN THIS COMPREHENSIVE END OF SESSION REPORT. IN EARLY OCTOBER 2022, THE PA CHAMBER WELCOMED HUNDREDS OF ITS MEMBERS AND ELECTED OFFICIALS TO THE HERSHEY LODGE FOR THE 38TH ANNUAL CHAMBER DINNER. THE EVENT WAS HELD JUST WEEKS BEFORE THE NOVEMBER GENERAL ELECTION, WITH THE NATION'S EYES TURNED TO PENNSYLVANIA IN ADVANCE OF SOME OF THE MOST CLOSELY WATCHED POLITICAL RACES IN THE NATION INCLUDING THE STATE'S GUBERNATORIAL RACE AND ONE FOR A SEAT IN THE U.S. SENATE. THE TOP OF THE EVENING'S PROGRAM WAS A LIVELY POINT/COUNTERPOINT DISCUSSION ON PENNSYLVANIA'S KEY ROLE IN THE NATION'S POLITICAL STORY WITH TWO OF THE COUNTRY'S FOREMOST POLITICAL COMMENTATORS, FORMER REPUBLICAN NEW JERSEY GOVERNOR CHRIS CHRISTIE AND DEMOCRATIC NATIONAL COMMITTEE CHAIRWOMAN DONNA BRAZILE; AND WAS FOLLOWED BY TWO HIGHLY ANTICIPATED, INDIVIDUAL FIRESIDE CHATS (THE ONLY OF THEIR KIND DURING THE ENTIRETY OF THE POLITICAL SEASON) THAT WERE MODERATED BY PA CHAMBER PRESIDENT AND CEO LUKE BERNSTEIN AND FEATURED REPUBLICAN U.S. SENATE CANDIDATE DR. MEHMET OZ AND THEN-DEMOCRATIC GUBERNATORIAL CANDIDATE AND ATTORNEY GENERAL JOSH SHAPIRO. THE PA CHAMBER'S MEMBER-CENTRIC MARKETING TEAM IS A STATEWIDE LEADER PROVIDING THE STATEWIDE BUSINESS COMMUNITY THE LATEST IN COMPLIANCE EDUCATION, TRAINING, AND B2B CONNECTIVITY, OFFERING COUNTLESS ENGAGEMENT OPPORTUNITIES AND INVALUABLE INFORMATION BOTH IN-PERSON AND ONLINE. IN 2022, THE PA CHAMBER HOSTED 30 WEBINARS AND CONFERENCES THAT FOCUSED ON LEADING HR-RELATED TOPICS, ENVIRONMENTAL AND ENERGY ISSUES, IT SECURITY, AND LEADERSHIP; HOSTED THE ANNUAL BUSINESS GOLF OUTING; AND CONTINUED TO HOST MEMBER-SPONSORED WEBINARS TO ALLOW OUR MEMBERS TO PROVIDE THEIR EXPERTISE IN A NUMBER OF SUBJECT AREAS TO A BUSINESS AUDIENCE. WE ALSO HOSTED OUR WOMEN IN BUSINESS CONFERENCE TO AN IN-PERSON AUDIENCE FOR THE FIRST TIME AND VOWED TO EXPAND IT IN SUBSEQUENT YEARS DUE TO ITS POPULARITY AND OPPORTUNITIES FOR TOPICAL CONTENT; ALONG WITH OUR FIRST-EVER CLAY SHOOT, A SIGNATURE EVENT HELD IN THE WESTERN REGION OF THE COMMONWEALTH. 0 1 1 1 0 0 0 0 0 1 0 1 0 0 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 1 1 0 1 10 0 1 0 1 1 0 0 0 0 0 0 0 X 56 55 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X JEWELL LESTER VICE PRESIDENT 7172553252 417 WALNUT STREET HARRISBURG PA 17101 MR LUKE BERNSTEIN PRESIDENT BEG 6/22 52.00 4.25 X X 0 470954 10902 MR EUGENE BARR ADVISOR & FORMER PRES. UNTIL 12/22 41.50 5.25 X X 0 469429 69550 MR NICHOLAS D BERTRAM CHAIR 1.00 1.00 X X 0 0 0 MR MANUEL MAR JR CTP FIRST VICE CHAIR 1.00 0.00 X X 0 0 0 MS LAURA HAFFNER VICE CHAIR UNTIL 7/22 1.00 0.00 X X 0 0 0 MR ROBERT SCAER VICE CHAIR 1.00 0.00 X X 0 0 0 MR ROBERT BEARD DIRECTOR 1.00 0.00 X 0 0 0 MS BARBARA BOWKER DIRECTOR 1.00 0.00 X 0 0 0 MR DAVID BREIDINGER DIRECTOR 1.00 1.00 X 0 0 0 MR SCOTT BRIGGS DIRECTOR 1.00 0.00 X 0 0 0 MR CLAYTON BUBECK DIRECTOR BEG 11/22 1.00 0.00 X 0 0 0 MR SCOTT BURNS DIRECTOR UNTIL 11/22 1.00 0.00 X 0 0 0 MR DAVID CALLAHAN DIRECTOR BEG 11/22 1.00 0.00 X 0 0 0 MR JAMES CAMPOLONGO DIRECTOR UNTIL 10/22 1.00 0.00 X 0 0 0 MR MICHAEL COLPOYS DIRECTOR 1.00 0.00 X 0 0 0 MS WENDIE DIMATTEO HOLSINGER DIRECTOR 1.00 3.00 X 0 0 0 MR JAMES D'INNOCENZO DIRECTOR 1.00 1.00 X 0 0 0 MR FREDERICK MICHAEL DORAN DIRECTOR 1.00 0.00 X 0 0 0 MR RICHARD EHST DIRECTOR 1.00 1.00 X 0 0 0 MR STEPHEN FERA DIRECTOR 1.00 0.00 X 0 0 0 MS ROXANNA GAPSTUR DIRECTOR 1.00 0.00 X 0 0 0 MS JANE GLEASON DIRECTOR 1.00 0.00 X 0 0 0 MR JOHN HERMAN DIRECTOR 1.00 0.00 X 0 0 0 MS JANIS L HERSCHKOWITZ DIRECTOR 1.00 0.00 X 0 0 0 MR TIMOTHY R HESS DIRECTOR 1.00 0.00 X 0 0 0 MR JAMES HOEHN DIRECTOR 1.00 0.00 X 0 0 0 MR MICHAEL A HUWAR DIRECTOR 1.00 0.00 X 0 0 0 MS LAURA KARET DIRECTOR 1.00 0.00 X 0 0 0 MR DAVID KERR DIRECTOR 1.00 1.00 X 0 0 0 MR DAVID M KLEPPINGER ESQ DIRECTOR 1.00 1.00 X 0 0 0 MR J GARY LANGMUIR DIRECTOR UNTIL 11/22 1.00 2.00 X 0 0 0 MR MARK P LAURIELLO PE DIRECTOR UNTIL 11/22 1.00 1.00 X 0 0 0 MR JOHN LAWN DIRECTOR 1.00 1.00 X 0 0 0 MR BRION LIEBERMAN DIRECTOR 1.00 0.00 X 0 0 0 MR DONALD J LISKAY DIRECTOR UNTIL 11/22 1.00 1.00 X 0 0 0 MR MARC A LUCCA PE DIRECTOR 1.00 1.00 X 0 0 0 MR RICARDO MAIZ DIRECTOR 1.00 0.00 X 0 0 0 MS CHRISTINA MARSH DIRECTOR 1.00 0.00 X 0 0 0 MS CHRISTINE MARTIN DIRECTOR UNTIL 11/22 1.00 0.00 X 0 0 0 MR CHRISTOPHER J MASCIANTONIO DIRECTOR 1.00 1.00 X 0 0 0 MR PATRICK MCCOY DIRECTOR BEG 11/22 1.00 0.00 X 0 0 0 MR W THOMAS MCGOUGH JR DIRECTOR 1.00 0.00 X 0 0 0 MS HILARY MERCER DIRECTOR 1.00 0.00 X 0 0 0 MR DANIEL ONORATO DIRECTOR 1.00 1.00 X 0 0 0 MR JEFFREY I PASEK ESQ DIRECTOR 1.00 1.00 X 0 0 0 MR NANDISH PATEL DIRECTOR 1.00 0.00 X 0 0 0 MS EILEEN PETULA DIRECTOR 1.00 0.00 X 0 0 0 MR GREGORY QUANDEL DIRECTOR 1.00 0.00 X 0 0 0 MS STEPHANIE RAYMOND DIRECTOR BEG 11/22 1.00 0.00 X 0 0 0 MR MIKE SHIRK DIRECTOR 1.00 0.00 X 0 0 0 MS KATHLEEN SMARILLI DIRECTOR 1.00 0.00 X 0 0 0 MR MATT SMITH DIRECTOR 1.00 0.00 X 0 0 0 MR JIM SMOLARSKI DIRECTOR UNTIL 11/22 1.00 0.00 X 0 0 0 MR ROBERT W SODINI DIRECTOR 1.00 0.00 X 0 0 0 MR DAVID SPIGELMYER DIRECTOR UNTIL 11/22 1.00 0.00 X 0 0 0 MS COURTNEY SYNDER DIRECTOR 1.00 0.00 X 0 0 0 MS TERRI LEE TAYLOR DIRECTOR 1.00 1.00 X 0 0 0 MS SARA THORNDIKE DIRECTOR 1.00 0.00 X 0 0 0 MS CHRISTINE JACK TORETTI DIRECTOR UNTIL 11/22 1.00 0.00 X 0 0 0 MR DAVID TULLIO DIRECTOR UNTIL 11/22 1.00 0.00 X 0 0 0 MS KIM VAN UTRECHT DIRECTOR 1.00 0.00 X 0 0 0 MR JEFFREY J VRABEL CPA DIRECTOR 1.00 0.00 X 0 0 0 MR KEVIN WALKER DIRECTOR 1.00 0.00 X 0 0 0 MR BILL WARD JR DIRECTOR BEG 11/22 1.00 0.00 X 0 0 0 MR E PHILIP WENGER DIRECTOR 1.00 0.00 X 0 0 0 MR DANIEL WILSON DIRECTOR 1.00 0.00 X 0 0 0 MR SCOTT WYMAN DIRECTOR 1.00 0.00 X 0 0 0 MR MICHAEL ZANIC DIRECTOR 1.00 0.00 X 0 0 0 MS JEWELL L LESTER VICE PRESIDENT 37.75 7.75 X 0 202738 14386 MR SETH KEITER TREASURER 37.25 2.50 X 0 107630 15049 MS CARISSA BURGETT SECRETARY 43.25 2.25 X 0 70213 2334 MS MARY OLIVEIRA VP MEMBER GROWTH & STRATEGY 42.25 0.25 X 0 188772 21841 MR ALEX HALPER VP, GOVERNMENT AFFAIRS 48.75 0.00 X 0 150724 22235 MR WILLIAM MILLER SENIOR MEMBER EXECUTIVE 42.75 0.00 X 0 141328 24485 MR KEVIN SUNDAY DIRECTOR, GOVERNMENT AFFAIRS 42.75 0.00 X 0 111191 25979 MR ADAM FRISCIA MEMBERSHIP EXECUTIVE 38.50 0.00 X 0 101676 12609 MR SAMUEL DENISCO VP, GOVERNMENT AFFAIRS UNTIL 6/22 41.79 1.00 X 0 136354 12830 0 2151009 232200 0 0 1 0 PCI SERVICES 417 WALNUT STREET HARRISBURG PA 17101 MANAGEMENT FEES 3971304 EAGLE CONSULTING GROUP 107 N 45TH STREET HARRISBURG PA 17111 ADVERTISING SERVICES 1469928 SSI (US) INC DBA SPENCER STUART PO BOX 98991 CHICAGO IL 60693 EXECUTIVE REPLACEMENT SEARCH COMPANY 271170 HERSHEY LODGE PO BOX 860 HERSHEY PA 17033 EVENTS 181728 4 90000 90000 MEMBERSHIP DUES 900099 3915707 3915707 CHAMBER DINNER 900099 695665 695665 CONFERENCES 611710 410608 410608 PUBLICATIONS 513190 42807 42807 5064787 664287 664287 465790 465790 288585 359580 -70995 -70995 -42565 -28430 6198174 6264908 -66734 -66734 -66734 MISCELLANEOUS 900099 85628 85628 ADVERTISING INCOME 541800 1000 1000 86628 6233763 5150415 424225 569123 3290565 18230 75561 2279866 143023 401552 37588 254023 61457 587525 105556 120202 COMMISSIONS 531523 BUSINESS TAXES 265408 OTHER OPERATING EXPENSE 96005 UBI TAXES 95886 22617 8386587 30 25 1397973 1821562 40860 45009 158225 264359 9812388 8399039 1510916 1413349 30760789 24783462 7000012 5960760 32854 101198 40901659 34389724 486197 1212974 2087206 2083705 2573403 3296679 X 38328256 31093045 38328256 31093045 40901659 34389724 X -2152824 -5043135 -39252 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1241250 0 1241250 0 1241250 1 0 0 1 3915707 1038616 238022 1276638 1957853 0 PART I-A, LINE 1: THE PENNSYLVANIA CHAMBER OF BUSINESS AND INDUSTRY PAYS FOR TV, MAIL AND DIGITAL ADVERTISEMENTS. 219262 219262 7217604 6042307 1175297 2375522 2356732 18790 1413349 INVESTMENT IN PA CHAMBER INC. 5960760 F 5960760 X 1194911 -5043135 320327 -4722808 5917719 143023 173021 316044 6233763 8430122 186558 186558 8243564 143023 143023 8386587 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE CHAMBER, INCLUDING WHETHER THE ENTITY IS EXEMPT FROM INCOME TAXES. MANAGEMENT EVALUATED THE TAX POSITIONS TAKEN AND CONCLUDED THAT THE CHAMBER HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE CHAMBER IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 359,579. EQUITY EARNINGS IN SUBSIDIARY -39,252. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL INCOME FROM AFFILIATES 173,021. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL INCOME FROM AFFILIATES -173,021. RENTAL EXPENSES 359,579. X 0 1 0 0 0 MR EUGENE BARR ADVISOR & FORMER PRES. UNTIL 12/22 0 394644 0 50000 0 24785 0 45581 0 23969 0 538979 0 0 MR LUKE BERNSTEIN PRESIDENT BEG 6/22 0 238846 0 200000 0 32108 0 0 0 10902 0 481856 0 0 MS JEWELL L LESTER VICE PRESIDENT 0 169044 0 20000 0 13694 0 3905 0 10481 0 217124 0 0 MS MARY OLIVEIRA VP MEMBER GROWTH & STRATEGY 0 136873 0 46085 0 5814 0 3679 0 18162 0 210613 0 0 MR ALEX HALPER VP, GOVERNMENT AFFAIRS 0 142470 0 0 0 8254 0 3121 0 19114 0 172959 0 0 MR WILLIAM MILLER SENIOR MEMBER EXECUTIVE 0 64320 0 77008 0 0 0 3016 0 21469 0 165813 0 0 PART I, LINE 1B THE ORGANIZATION PROVIDES ONE OFFICER TRAVEL FOR ONE COMPANION ONCE PER YEAR. PART I, LINE 3 RELATED ORGANIZATION USES THE FOLLOWING TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S CEO/EXECUTIVE DIRECTOR - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE - WRITTEN EMPLOYMENT CONTRACT FORM 990, PART VI, SECTION A, LINE 6 THERE IS ONE CLASS OF MEMBERS WHOSE VOTING RIGHTS AND INTERESTS ARE EQUAL, AS STATED IN THE BYLAWS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A EVERY MEMBER OF THE ORGANIZATION IS ENTITLED TO ONE VOTE. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT FORM 990 WAS PROVIDED TO MEMBERS OF THE AUDIT COMMITTEE FOR THEIR REVIEW PRIOR TO THE FORM BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EMPLOYEES ARE REQUIRED TO DISCLOSE CONFLICTS OF INTEREST ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 AS DELEGATED REPRESENTATIVES OF THE BOARD OF DIRECTORS, THE EXECUTIVE COMPENSATION COMMITTEE HAS THE POWER, DUTY AND RESPONSIBILITY TO DETERMINE THE ORGANIZATION'S OVERALL COMPENSATION PHILOSOPHY AND TO ESTABLISH THE GUIDELINES, RULES AND PROCEDURES NECESSARY FOR THE PROPER AND EFFICIENT ADMINISTRATION OF THE EXECUTIVE COMPENSATION PROGRAM. LISTED BELOW IS THE ANNUAL PROCESS: -EXECUTIVE GOAL SETTING -MONITORING THE PLAN WITH PRESIDENT -EXECUTIVE COMPENSATION COMMITTEE REVIEW -REVIEW PRESIDENT'S GOALS -DETERMINE BASE COMPENSATION AND VARIABLE PAY ALLOCATION AT THIS TIME THE ORGANIZATION HAS NO EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990, FORM 990-T AND THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC BY REQUESTING A COPY AT THE CHAMBER'S HEADQUARTERS. FORM 990, PART XI, LINE 9: EQUITY EARNINGS IN SUBSIDIARY -39,252. PART XII, LINE 2C THE AUDIT COMMITTEE IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. ANNUALLY, THE AUDIT COMMITTEE APPOINTS THE INDEPENDENT ACCOUNTANT, APPROVES THE INDEPENDENT ACCOUNTANT'S FEES AND REVIEWS THE AUDITED FINANCIAL STATEMENTS AND TAX RETURNS. THIS PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR. PBC COMBINATION 417 WALNUT STREET HARRISBURG PA 17101 813361120 PROMOTE ECONOMIC DEVELOPMENT, JOB OPPORTUNITIES, AND FISCAL RESPONSIBILITY PA 0 0 PCBI PENNSYLVANIA CHAMBER OF BUSINESS AND INDUSTRY EDUCATIONAL FOUNDATION 417 WALNUT STREET HARRISBURG PA 17101 251636785 PROVIDES INFORMATION ON INDUSTRY TRENDS, PRACTICES AND ISSUES PA 501(C)(3) 11A PCBI 1 PENNSYLVANIA CAMBER OF BUSINESS AND INDUSTRY POLITICAL ACTION COMMITTEE 417 WALNUT STREET HARRISBURG PA 17101 900042553 PROTECTION AND ADVANCEMENT OF BUSINESS CLIMATE IN PENNSYLVANIA PA 527 PCBI 1 COMMONWEALTH LEADERS CUP 417 WALNUT STREET HARRISBURG PA 17101 260834189 PROTECTION AND ADVANCEMENT OF BUSINESS CLIMATE IN PENNSYLVANIA PA 527 N/A 0 CITIZENS TO PROTECT PENNSYLVANIA JOBS 417 WALNUT STREET HARRISBURG PA 17101 320236838 EDUCATE THE GENERAL PUBLIC ABOUT BUSINESS ISSUES PA 501(C)(4) PCBI 1 PCI INSURANCE INC 417 WALNUT STREET HARRISBURG PA 17101 251775061 MANAGES HEALTH INSURANCE PROGRAMS FOR THE CHAMBER PA N/A C 1 PCI SERVICES INC 417 WALNUT STREET HARRISBURG PA 17101 251784573 ADMINISTERS THE PERSONNEL AND RELATED EXPENSES OF THE CHAMBER PA N/A C 1 YBNCOM INC 417 WALNUT STREET HARRISBURG PA 17101 251841466 INACTIVE CORPORATION PA N/A C 1 INSURANCE COALITION INC 417 WALNUT STREET HARRISBURG PA 17101 161731740 MANAGES BROKERAGE-RELATED INSURANCE PRODUCTS PA N/A C 1 PENNSYLVANIA CHAMBER INC 417 WALNUT STREET HARRISBURG PA 17101 251627143 MEMBERSHIP SERVICES PA PCBI C 38069 7123430 1.00000 1 1 0 0 1 1 0 0 0 0 1 0 0 0 1 1 1 1 0 0 PCI INSURANCE INC - ROYALTY INCOME A 465790 FAIR MARKET VALUE INSURANCE COALITION INC - RENTAL INCOME A 72669 FAIR MARKET VALUE PCI INSURANCE INC D 98267 FAIR MARKET VALUE INSURANCE COALITION INC D 65573 FAIR MARKET VALUE INSURANCE COALITION INC - RENTAL INCOME J 72669 FAIR MARKET VALUE INSURANCED COALITION INC - REIMBURSED EXPENSES N 219329 FAIR MARKET VALUE PCI SERVICES INC - SHARED EMPLOYEES O 3971304 FAIR MARKET VALUE PCI SERVICES INC - SHARED EMPLOYEES P 3971304 FAIR MARKET VALUE INSURANCED COALITION INC - REIMBURSED EXPENSES Q 219329 FAIR MARKET VALUE PCI INSURANCE INC - RENTAL INCOME A 100352 FAIR MARKET VALUE PCI INSURANCE INC - RENTAL INCOME J 100352 FAIR MARKET VALUE PCI SERVICES INC - LOAN E 59306 FAIR MARKET VALUE PCI SERVICES INC - REIMBURSED EXPENSES N 79993 FAIR MARKET VALUE PCI SERVICES INC - REIMBURSED EXPENSES P 79993 FAIR MARKET VALUE