2024-11-01T09:01:32-05:00 2023-12-31 BDO USA 1180 PEACHTREE ST NE SUITE 1950 ATLANTA GA 303094516 990 2023-01-01 580145520 METRO ATLANTA CHAMBER OF COMMERCE INC % DENISE MARTIN METR 4045861926 191 Peachtree ST NE Ste 3400 ATLANTA GA 30303 DOUGLAS T RAY CFO 4045868436 2024-10-31 true true Sandra L Feinsmith P01064157 4046886841 2024-10-31 2023 2024-10-15 13:58:12Z ANNA KIRKPATRICK 191 PEACHTREE ST NE STE 3400 ATLANTA GA 30303 16192526 false X WWW.METROATLANTACHAMBER.COM X 1911 GA UPGRADE & ADVANCE THE ATLANTA METRO AREA IN POPULATION, COMMERCE & FINANCE; EFFECT CIVIC & SOCIAL IMPROVEMENTS; BETTER QUALITY OF LIFE IN THE COMMUNITY;&PROMOTE INTEGRITY IN BUSINESS 190 189 76 0 0 0 3920496 4879631 11444220 9508335 207311 1181513 456120 623047 16028147 16192526 0 0 0 0 8257777 8750702 0 0 0 5407825 5566326 13665602 14317028 2362545 1875498 22414859 23972942 7112542 6795127 15302317 17177815 X THE CORPORATION IS A VOLUNTARY ASSOCIATION OF INDIVIDUALS AND ORGANIZATIONS THE PURPOSES OF WHICH ARE TO UPGRADE AND ADVANCE THE ATLANTA METROPOLITAN AREA IN POPULATION, COMMERCE AND FINANCE; TO EFFECT CIVIC AND SOCIAL IMPROVEMENTS; TO BETTER THE QUALITY OF LIFE IN THE COMMUNITY; AND TO PROMOTE INTEGRITY AND GOOD FAITH AND JUST AND EQUITABLE PRINCIPLES IN BUSINESS. false false OVERVIEW In 2023, the Metro Atlanta Chamber worked to unleash Atlanta's ambition and fuel business growth. Our collective work continues to position metro Atlanta as a top-tier global region and accelerate the momentum of our strategic plan, which aligns three strategic imperatives: ECONOMY: We aspire to be the best, most productive, and most inclusive place to do business TALENT: We leverage and grow metro Atlanta's skilled and diverse talent advantage COMMUNITY: We catalyze metro Atlanta's ecosystem to drive transformative community impact This year, MAC's primary accomplishments included: . Maintaining our position as the top regional economic development organization by generating and managing business expansion and relocation projects . Promoting pro-business legislation, opposing discriminatory legislation, and protecting Georgia's reputation as the #1 state for business . Activating InnovATL2023 and launching InnovATL, a unified brand for metro Atlanta's innovation ecosystem and platform to amplify the region as a global innovation hub . Activating the ATL Talent Collaborative to develop talent pipelines for the region's three most in-demand jobs . Defeating Buckhead City legislation, ensuring the City of Atlanta remains united . Relaunching MAC's signature young professionals and young talent groups, ATLeaders and ATL Interns After 5 . Catalyzing metro Atlanta's position as the center of gravity for soccer in the U.S., including bringing the English Premier League Summer Series to Atlanta, landing the U.S. Soccer Federation headquarters and training center, and successfully securing Atlanta's tournament position as a host city for the FIFA World Cup 2026 . Creating MAC's first-ever Impact Report, a 30-page summary of the wider impact of the Chamber's efforts to support metro Atlanta's economy, talent, and community SPECIFIC ACCOMPLISHMENTS ECONOMY . Maintained our position as the top regional economic development organization by generating and managing business expansion and relocation projects, hosting 154 company visits and helping 51 businesses select metro Atlanta for new or expanded operations that will create 6,160 new highly skilled jobs . Continued to position metro Atlanta and Georgia as a leading cleantech innovation hub . Led and expanded the 2023 Metro Export Challenge, exceeding $750,000 in export grants to-date for the region's largest collaborative global economic development initiative . Activated InnovATL2023 and launched InnovATL, a unified brand for metro Atlanta's innovation ecosystem and platform to amplify the region as a global innovation hub . Launched Atlanta Growth Collective, an exclusive community that harnesses the power of the collective business community to fill a gap in support for high-growth, mid-market startups in the region . Stopped adverse changes to economic development tax incentives and prevented passage of legislation that would have negatively impacted Georgia's business climate . Developed a partnership with Inc. Magazine to bring the first Inc. Founders House to Atlanta and generate national earned media coverage for our metro Atlanta entrepreneur ecosystem . Positioned MAC's Chief Economist as an expert and thought leader through strategic speaking engagements with legislators, member companies, local chambers, and others . Launched the Georgia Cleantech Innovation Hub, a public-private-academic partnership created to harness early-stage cleantech innovation and expand its access and benefits across the region TALENT . Activated the ATL Talent Collaborative, a cohort of senior talent executives from 22 MAC investor companies working to develop talent pipelines for the region's most in-demand jobs, and hosted connective meetings between the collaborative and 17 post-secondary institutions . Released the 2023 Talent Supply Report, a comprehensive study of the supply and demand for skilled talent across the state of Georgia . Relaunched MAC's signature young professionals' group, ATLeaders, to introduce 150 future business leaders to MAC and ground them in community issues . Relaunched our young talent group, ATL Interns After 5, to introduce more than 1,000 summer interns to metro Atlanta's unique blend of careers, community, and culture . Created Atlanta Where You Belong, a new data-driven talent attraction brand, to launch in 2024 . Convened the Chief Marketing Officer Advisory Board to support talent brand development COMMUNITY . Hosted the second annual ATL Action for Racial Equity Summit and secured 13 new company commitments to the initiative . Defeated Buckhead City legislation, ensuring the City of Atlanta remains united . Secured Atlanta's tournament position as host city for the FIFA World Cup 2026 . Formed the 2025 College Football Playoff National Championship Host Committee . Recruited and co-managed with Mercedes-Benz Stadium the successful inaugural English Premier League Summer Series featuring Newcastle vs. Chelsea . Recruited and announced Atlanta's hosting of Copa America . Recruited with multiple external partners, including the Atlanta Braves, the Major League Baseball All-Star Game to Atlanta for 2025 . Revealed the tournament brand campaign for Atlanta to host the FIFA World Cup 2026, featuring Governor Kemp and Mayor Dickens at Mercedes-Benz Stadium . Convened the Nonprofit CEO Roundtable, which in partnership with the private sector, harnesses the collective influence of metro Atlanta's 11 largest and most impactful nonprofits . Concluded the public-private partnership with Fulton County and the Georgia Crime Information Center to improve the transmission of criminal history data, resulting in sustainable solutions such as the creation of Fulton County's GCIC Reporting Task Force OPERATIONS . Met all revenue goals . Executed top-tier events for investors, including MAC's 164th Annual Meeting, Delta Air Lines Insights on Leadership, and investor receptions . Standardized brand visual system across MAC and produced Brand Guide for different MAC audiences . Fostered an inclusive and equitable environment where team members can bring their whole selves to work and thrive . Scheduled thoughtful topics and speakers for racial equity segments at MAC Board meetings and 14 internal DEI training and learning experiences for staff . Oversaw a clean audit of 2022 financial records performed by outside audit firm BDO - no adjusting entries, no control weaknesses and no recommendations for any changes . Implemented new accounting software and executed a smooth budget process for 2024 that allocated additional resources to key strategic initiatives . Implemented additional IT security and data protection upgrades to protect MAC computer systems and digital assets . Coordinated a replacement of the video wall system in the pre-function area and updated leadership photos of Chamber investors . Completed vital office maintenance projects with minimal disruption to normal operations . Fulfilled 260 ad hoc research/information requests since January 1st and created 24 maps . Executed numerous special research projects and publications, including story maps, the Talent Supply Report, and the Georgia Higher Education Map . Strengthened MAC's reputation, broadened relationships, and positioned metro Atlanta as a top-tier global region through media relations, executive speaking and thought leadership, and external communications . Demonstrated a service-oriented approach with streamlined processes by managing internal communications at a high level . Collaborated with teams across the organization to support them in departmental and MAC-wide goals by providing a consistent, impactful, quality messaging strategy . Created MAC's first-ever Impact Report, a 30-page summary of the wider impact of the Chamber's efforts to support metro Atlanta's economy, talent and community false true false true false false false false false true false false true true true 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 true true true false true 86 0 true 76 true false false false false true true false false false X 190 189 false false false false false false false true true false false false true false false false true true true false GA X DENISE MARTIN 4045861926 191 PEACHTREE ST NE SUITE 3400 ATLANTA GA 30303 X ANNA KIRKPATRICK PRESIDENT & CEO 40.0 10.0 X X 687928 0 58880 DAVID HARTNETT CHIEF ECONOMIC DEVLPMT OFFICER 40.0 0.0 X 398440 0 58880 JANICE RYS CHIEF DEVELOPMENT OFFICER 40.0 0.0 X 402158 0 34697 MARSHALL GUEST SVP PUBLIC POLICY & AFFAIRS 40.0 0.0 X 362893 0 58796 Alejandro Gonzalez Chief of Innov & Mrktg 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IN ACCORDANCE WITH ASC TOPIC 740, THE COMPANIES' POLICY FOR RECORDING INTEREST AND PENALTIES ASSOCIATED WITH TAX POSITIONS, IF ASSESSED, IS TO RECORD SUCH ITEMS IN THE CONSOLIDATED STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS. THE COMPANIES HAVE NOT IDENTIFIED ANY UNCERTAIN TAX POSITIONS FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022, FOR WHICH A LIABILITY RESERVE IS REQUIRED. THE COMPANIES BELIEVE THEY ARE NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS ENDED DECEMBER 31, 2019 AND PRIOR. X X X false false false ANNA KIRKPATRICK PRESIDENT & CEO 444416 0 231512 0 12000 0 16500 0 42380 0 746808 0 0 0 DOUGLAS T RAY CHIEF FINANCIAL OFFICER 267257 0 87457 0 9600 0 16500 0 29930 0 410744 0 0 0 JANICE RYS CHIEF DEVELOPMENT OFFICER 290076 0 102482 0 9600 0 16500 0 18197 0 436855 0 0 0 DAVID HARTNETT CHIEF ECONOMIC DEVLPMT OFFICER 293261 0 95579 0 9600 0 16500 0 42380 0 457320 0 0 0 DAN CORSO PRESIDENT ATL SPORTS COUNCIL 285598 0 90512 0 9600 0 16500 0 4031 0 406241 0 0 0 Alejandro Gonzalez Chief of Innov & Mrktg 269997 0 82348 0 9600 0 16500 0 42313 0 420758 0 0 0 MARSHALL GUEST SVP PUBLIC POLICY & AFFAIRS 267120 0 86173 0 9600 0 16500 0 42296 0 421689 0 0 0 POLICIES-REVIEW OF FORM 990 FORM 990, PART VI, SECTION B POLICIES, QUESTION 11: THE FORM 990 WAS PREPARED BY A PUBLIC ACCOUNTING FIRM WITH INPUT FROM THE CHAMBER'S ACCOUNTING STAFF. A DRAFT COPY WAS REVIEWED BY KEY ACCOUNTING STAFF AND THE CFO. EACH PERSON INDIVIDUALLY REVIEWED THE FORM AND CHANGES WERE SUBMITTED TO THE TAX PREPARER. THE FINAL RETURN WAS REVIEWED AND APPROVED BY THE CFO. THE FINAL FILED FORM 990 IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST AND IS ALSO AVAILABLE ON ANOTHER WEBSITE CALLED GUIDESTAR. POLICIES-CONFLICT OF INTEREST FORM 990, PART VI, SECTION B POLICIES, QUESTIONS 12A, B AND C: THE CONFLICT-OF-INTEREST POLICY, ITS PURPOSE, DEFINITIONS OF AND PROCEDURES FOR DISCLOSURE ARE ADDRESSED AND REVIEWED AT THE CHAMBER'S INITIAL BOARD MEETING OF THE YEAR. ALL BOARD MEMBERS ARE INFORMED OF THE DUTIES AND PROCEDURES FOR DISCLOSURE OF ANY POTENTIAL CONFLICTS OF INTERESTS. POLICIES-COMPENSATION OF THE CEO FORM 990, PART VI SECTION B POLICIES, QUESTION 15A: PER THE BYLAWS, THE CEO'S COMPENSATION IS REVIEWED AND DETERMINED BY THE COMPENSATION COMMITTEE AND ITS RECOMMENDATION IS FORWARDED TO THE EXECUTIVE COMMITTEE FOR FINAL APPROVAL. POLICIES-COMPENSATION OF OTHER OFFICERS OR KEY EMPLOYEES FORM 990, PART VI SECTION B POLICIES, QUESTION 15B: THE CHAMBER HAS A COMPENSATION COMMITTEE THAT REVIEWS AND APPROVES EMPLOYEE COMPENSATION. THE COMPENSATION COMMITTEE USES COMPENSATION SURVEYS AND OTHER INDEPENDENT DATA TO SET COMPETITIVE COMPENSATION LEVELS. THE COMPENSATION COMMITTEE MEETS ANNUALLY TO COMPLETE THIS REVIEW AND REPORTS TO THE EXECUTIVE BOARD. DISCLOSURE FORM 990, PART VI SECTION C, QUESTION 19: IF THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE SUBJECT TO APPLICABLE FEDERAL OR STATE PUBLIC DISCLOSURE REQUIREMENTS, THOSE DOCUMENTS WILL BE MADE AVAILABLE AS APPLICABLE LAW MAY REQUIRE. OTHERWISE, THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS WILL BE PROVIDED TO THE PUBLIC AT THE DISCRETION OF THE ORGANIZATION'S MANAGEMENT. 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