2024-05-09T10:50:59-05:00 2023-09-30 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2022-10-01 410417210 MINNESOTA CHAMBER OF COMMERCE AND INDUSTRY MINN 6512924650 380 SAINT PETER STREET 1050 ST PAUL MN 55102 DOUG LOON PRESIDENT AND CEO 6512924650 2024-04-24 1 DOUG LOON 999009999 1 MACKENZIE MCNAUGHTON P02025805 6123764500 2024-04-24 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DOUG LOON 380 SAINT PETER STREET 1050 ST PAUL MN 55102 7694949 0 X WWW.MNCHAMBER.COM X 1909 MN ADVANCE PUBLIC POLICY & JOB GROWTH STRATEGIES TO CREATE AN ENVIRONMENT FOR BUSINESSES TO PROSPER 42 42 29 100 0 0 41350 26150 6547279 6563561 38282 74077 167942 193403 6794853 6857191 0 150000 0 0 3751892 3989464 0 0 0 3099793 2413000 6851685 6552464 -56832 304727 9629970 9574472 5658811 5167556 3971159 4406916 X THE MINNESOTA CHAMBER OF COMMERCE PROACTIVELY LEADS THE BUSINESS COMMUNITY STATEWIDE TO: ADVANCE PRO-BUSINESS, RESPONSIBLE MINNESOTA PUBLIC POLICY THAT CREATES JOBS AND GROWS THE ECONONY; PROVDE MEMBER SERVICES TO ADDRESS EVOLVING BUSINESS NEEDS; BE NON PARTISAN 0 0 LEGISLATIVE: TO BE AN ADVOCATE FOR MINNESOTA BUSINESSES BY LOBBYING AT THE STATE CAPITOL, TESTIFYING IN COURTS AND INTERVENING BEFORE STATE REGULATORY AGENCIES. WE ALSO CONDUCT AND SPONSOR A BROAD RANGE OF RESEARCH WHICH SUPPORTS OUR WORK ON SPECIFIC POLICY ISSUES. OBJECTIVE: TO MAKE MINNESOTA A COMPETITIVE PLACE TO DO BUSINESS.MEMBERS SERVED: 6,300 GRASSROOTS: TO KEEP OUR MEMBERS INFORMED ON ISSUES THAT MAY AFFECT THEIR BUSINESS. COMMUNICATIONS INCLUDE A MONTHLY NEWSLETTER, BIMONTHLY LEGISLATIVE EMAIL UPDATES, ISSUE ALERTS AND A DAILY E-NEWSLETTER ON CURRENT EVENTS. OBJECTIVE: TO GIVE OUR MEMBERS THE NECESSARY INFORMATION FOR THEM TO CONTACT THEIR LAWMAKERS AND TO KEEP UPDATED ON BUSINESS ISSUES.MEMBERS SERVED: 6,300 GROW MINNESOTA!: BUSINESS RETENTION, EXPANSION AND ASSISTANCE. GROW MINNESOTA! IS A PRIVATE-SECTOR INITIATIVE OF THE MINNESOTA CHAMBER OF COMMERCE IN PARTNERSHIP WITH NEARLY 90 LOCAL CHAMBERS AND ECONOMIC DEVELOPMENT ORGANIZATIONS. THE PROGRAM FOCUSES ON RETAINING AND EXPANDING COMPANIES IN MINNESOTA.OBJECTIVE: TO THANK EMPLOYERS FOR THEIR COMMITMENT TO MINNESOTA AND TO ASSIST WITH ISSUES THAT IMPEDE THEIR GROWTH AND PROVIDE SUCH RESOURCES AS THE FUNDING, EXPORTING AND WORKFORCE GUIDEBOOKS. COMPANIES SERVED: 13,500+ VISITS HAVE BEEN HELD WITH OWNERS OR TOP MANAGEMENT OF COMPANIES IN MINNESOTA. SPECIAL PROGRAMS AND EVENTS: TO EDUCATE OUR MEMBERS ON LEGISLATIVE AND OTHER KEY ISSUES THAT MAY AFFECT THEIR BUSINESS. THESE PROGRAMS ALSO OFFER NETWORKING OPPORTUNITIES AMONG BUSINESS LEADERS. OUR LARGER EVENTS ARE SESSION PRIORITIES, ECONOMIC SUMMIT, WOMEN IN BUSINESS AND BUSINESS DAY AT THE CAPITOL. WE OFFER SMALLER EVENTS SUCH AS WEBINARS AND ISSUE BRIEFINGS. OBJECTIVE: TO GIVE OUR MEMBERS AN OPPORTUNITY TO NETWORK WITH OTHER BUSINESS LEADERS AND TO HEAR FIRST-HAND FROM LAWMAKERS AND OTHER KEY AUTHORITIES ON BUSINESS ISSUES. 0 0 1 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 8 0 1 29 1 0 0 0 0 0 0 0 0 X 42 42 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X ANNETTE KOJETIN 6512924650 380 SAINT PETER STREET SUITE 1050 ST PAUL MN 55102 DOUG LOON PRESIDENT/CEO 40.00 4.00 X X 553410 0 47781 LAURA BORDELON SR. VICE PRESIDENT 40.00 3.00 X 293703 0 41322 ANNETTE KOJETIN VICE PRESIDENT/CFO 40.00 3.00 X 183931 0 30563 JENNIFER BYERS EXEC DIR MN CHAMBER FDN 1.00 42.00 X 180426 0 12166 BENTLEY GRAVES DIRECTOR 40.00 2.00 X 171993 0 17877 BETH KADOUN VICE PRESIDENT 40.00 0.00 X 161255 0 23648 JENNIFER MUNYER VICE PRESIDENT 40.00 1.00 X 156599 0 11974 VICKI STUTE VICE PRESIDENT 40.00 0.00 X 153104 0 11475 MARY JO WILLIAMSON CHAIR 2.00 0.00 X X 0 0 0 JILL BOLLETTIERI CHAIR-ELECT 2.00 0.00 X X 0 0 0 ANGELA HEIKES SECRETARY/TREASURER 2.00 0.00 X X 0 0 0 BRET WEISS PAST CHAIR 2.00 0.00 X X 0 0 0 WILL HALE DIRECTOR 1.00 0.00 X 0 0 0 RICK TRONTVET DIRECTOR 1.00 0.00 X 0 0 0 WENDY UNGLAUB DIRECTOR 1.00 0.00 X 0 0 0 KENDALL GRIFFITH DIRECTOR 1.00 0.00 X 0 0 0 BRAD GRUHOT DIRECTOR 1.00 0.00 X 0 0 0 LESTER BAGLEY DIRECTOR 1.00 0.00 X 0 0 0 STACIE HOLDEN DIRECTOR 1.00 0.00 X 0 0 0 GEOFF BAKER DIRECTOR 1.00 0.00 X 0 0 0 LISA BORGEN DIRECTOR 1.00 0.00 X 0 0 0 BEN THURINGER DIRECTOR 1.00 0.00 X 0 0 0 LORI DAVIES DIRECTOR 1.00 0.00 X 0 0 0 BOB GARDNER DIRECTOR 1.00 0.00 X 0 0 0 JOHN GIBBS DIRECTOR 1.00 0.00 X 0 0 0 KRISTY BARSE DIRECTOR 1.00 0.00 X 0 0 0 ERIC BLACK DIRECTOR 1.00 0.00 X 0 0 0 DEEPINDER SINGH DIRECTOR 1.00 0.00 X 0 0 0 LINNEA BURMAN DIRECTOR 1.00 0.00 X 0 0 0 ALISSA HENRIKSEN DIRECTOR 1.00 0.00 X 0 0 0 KRISTI CARLSON DIRECTOR 1.00 0.00 X 0 0 0 ROSS WIDMOYER DIRECTOR 1.00 0.00 X 0 0 0 KIM RANDOLPH DIRECTOR 1.00 0.00 X 0 0 0 BILL KEEGAN DIRECTOR 1.00 0.00 X 0 0 0 BROOKE LEE DIRECTOR 1.00 0.00 X 0 0 0 MARY LOEFFELHOLZ DIRECTOR 1.00 0.00 X 0 0 0 DOUG LOON DIRECTOR 1.00 0.00 X 0 0 0 CARLOS SEOANE DIRECTOR 1.00 0.00 X 0 0 0 MERCEDES JACKSON DIRECTOR 1.00 0.00 X 0 0 0 JILL PIEPER DIRECTOR 1.00 0.00 X 0 0 0 ALYZA BOHBOT JAMES DIRECTOR 1.00 0.00 X 0 0 0 CHRIS NELSON DIRECTOR 1.00 0.00 X 0 0 0 JAKE REINT DIRECTOR 1.00 0.00 X 0 0 0 KARI RIHM DIRECTOR 1.00 0.00 X 0 0 0 LAURA OBERST DIRECTOR 1.00 0.00 X 0 0 0 SANDY KARNOWSKI DIRECTOR 1.00 0.00 X 0 0 0 BART PRINS DIRECTOR 1.00 0.00 X 0 0 0 AL RUDECK DIRECTOR (PART YEAR) 1.00 0.00 X 0 0 0 MICHAEL JORGENSEN DIRECTOR (PART YEAR) 1.00 0.00 X 0 0 0 PHILIP KAUFMAN DIRECTOR (PART YEAR) 1.00 0.00 X 0 0 0 1854421 0 196806 12 0 1 0 0 26150 26150 MEMBERSHIP DUES 813910 5106093 5106093 EDUCATION PROGRAMS 813910 660832 660832 OTHER SPECIAL PROGRAMS 813910 599886 599886 SPONSORSHIP INCOME 813910 167000 167000 GROW MN! 813910 29750 29750 6563561 134754 134754 65000 65000 97049 13167 83882 83882 83882 726441 787118 -60677 -60677 -60677 38715 26150 37473 1242 1242 MISCELLANEOUS 900099 43279 43279 43279 6857191 6563561 0 267480 150000 1130807 2359449 114359 164263 220586 269268 21643 46976 81207 304350 60122 17291 38979 81951 44246 POLITICAL ACTIVITIES 756769 PROGRAM EXPENSES 296460 EDUCATION/SEMINARS 201865 DUES AND SUBSCRIPTIONS 54385 137488 6552464 3390613 681269 2016840 200288 273871 150121 144336 941253 272520 737671 668733 3249911 3927361 16520 27337 1884846 1834725 9629970 9574472 1121051 901162 1940176 1729592 2597584 2536802 5658811 5167556 X 3901151 4120497 70008 286419 3971159 4406916 9629970 9574472 X 304727 120213 10817 X 0 1 X 1 0 440000 0 440000 0 440000 1 PRO JOBS MAJORITY LLC 380 SAINT PETER STREET SUITE 1050 ST PAUL MN 55102 273429040 440000 0 0 0 1 5106039 1864322 282012 2146334 2005807 140527 PART I-A, LINE 1: THE MINNESOTA CHAMBER OF COMMERCE SUPPORTS THE ELECTION OF PRO-BUSINESS CANDIDATES TO THE MINNESOTA LEGISLATURE. 368160 14573 353587 573093 257947 315146 668733 RIGHT OF USE ASSET 1834725 1834725 LEASE LIABILITY 2536802 2536802 X PART X, LINE 2: MCC IS EXEMPT FROM FEDERAL AND STATE INCOME TAX UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. MCC IS SUBJECT TO TAX ON UNRELATED BUSINESS INCOME IN EXCESS OF RELATED EXPENSES. MCC IS ALSO SUBJECT TO TAX ON CERTAIN POLITICAL EXPENDITURES. THE CHAMBER REVIEWS INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS TO DETERMINE IF THERE ARE ANY INCOME TAX UNCERTAINTIES. THE CHAMBER RECOGNIZES TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITIONS. THE CHAMBER HAS IDENTIFIED NO SIGNIFICANT INCOME TAX UNCERTAINTIES. GOLF TOURNAMENT 64865 26150 38715 1200 14990 20570 713 64865 26150 38715 1200 14990 20570 713 37473 1242 1 MINNESOTA CHAMBER FOUNDATION 380 SAINT PETER STREET 1050 ST PAUL MN 55102 411453093 501(C)(3) 150000 0 PROGRAM EXPENSES 1 0 PART I, LINE 2: GRANT PAID TO RELATED ORGANIZATION. X X X X 0 0 0 DOUG LOON PRESIDENT/CEO 363810 0 177977 0 11623 0 18300 0 29481 0 601191 0 0 0 LAURA BORDELON SR. VICE PRESIDENT 238076 0 46996 0 8631 0 14285 0 27037 0 335025 0 0 0 ANNETTE KOJETIN VICE PRESIDENT/CFO 155027 0 28904 0 0 0 9302 0 21261 0 214494 0 0 0 JENNIFER BYERS EXEC DIR MN CHAMBER FDN 162584 0 15266 0 2576 0 9755 0 2411 0 192592 0 0 0 BENTLEY GRAVES DIRECTOR 164729 0 7264 0 0 0 9838 0 8039 0 189870 0 0 0 BETH KADOUN VICE PRESIDENT 148225 0 13030 0 0 0 8893 0 14755 0 184903 0 0 0 JENNIFER MUNYER VICE PRESIDENT 135117 0 21482 0 0 0 8107 0 3867 0 168573 0 0 0 VICKI STUTE VICE PRESIDENT 131954 0 21150 0 0 0 7917 0 3558 0 164579 0 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE AND PLANNING COMMITTEE, CHAIRED BY THE CHAIR OF THE BOARD, SHALL EXERCISE THE AUTHORITY OF THE BOARD IN THE MANAGEMENT OF THE BUSINESS OF THE CORPORATION TO THE EXTENT DETERMINED BY A BOARD RESOLUTION ADOPTED ANNUALLY. THE EXECUTIVE AND PLANNING COMMITTEE CONSISTS OF ALL OFFICERS OF THE CORPORATION WHO ARE ALSO DIRECTORS, THE IMMEDIATE PAST CHAIR OF THE BOARD AND AT LEAST TWO ADDITIONAL MEMBERS OF THE BOARD APPOINTED BY THE CHAIR. FORM 990, PART VI, SECTION A, LINE 6 THE MINNESOTA CHAMBER OF COMMERCE IS A MEMBERSHIP ORGANIZATION REPRESENTING MORE THAN 6,300 COMPANIES. MEMBERS ARE MAINLY BUSINESSES IN MINNESOTA. FORM 990, PART VI, SECTION A, LINE 7A VOTING DIRECTORS ELECTED BY THE ORGANIZATION MEMBERS AT THE ANNUAL MEETING SHALL SERVE FOR A TERM OF THREE YEARS EACH. TERMS OF THE VOTING DIRECTORS ELECTED FOR THREE-YEAR TERMS SHALL BE STAGGERED SO THAT AS NEARLY AS POSSIBLE ONE-THIRD OF SUCH DIRECTORS SHALL BE ELECTED ANNUALLY. NO PERSON MAY SERVCE AS A VOTING DIRECTOR FOR MORE THAN TWO CONSECUTIVE FULL TERMS WITHOUT AN INTERVENING PERIOD OF AT LEAST ONE YEAR. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN PROVISIONS FOR ADOPTING, AMENDING OR REPEALING THE CORPORATION'S BYLAWS ARE SUBJECT TO THE POWER OF THE MEMBERS EXERCISABLE IN THE MANNER PROVIDED BY LAW. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS HAS ASSIGNED THE 990 REVIEW PROCESS TO THE MINNESOTA CHAMBER FINANCE COMMITTEE, WICH REVIEWS THE 990 AND SUPPORTING SCHEDULES PRIOR TO FILING OF THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE PURPOSE OF THE CONFLICT OF INTEREST POLICY IS TO COMPLEMENT THE BYLAWS OF THE ORGANIZATION AND TO PRECENT PERSONAL INTEREST OF STAFF MEMBERS, BOARD MEMBERS AND MEMBERS OF THE FINANCE COMMITTEE FROM INTERFERING WITH THE PERFORMANCE OF THEIR DUTIES TO, OR RESULT IN PERSONAL, FINANCIAL, PROFESSIONAL, OR POLITICAL GAIN ON THE PART OF SUCH PERSONS. ANNUALLY A CONFLICT OF INTEREST STATEMENT IS COLLECTED FROM ALL BOARD DIRECTORS AND STAFF MEMBERS. FULL DISCLOSURE, BY NOTICE IN WRITING, SHALL BE MADE BY THE INTERESTED PARTIES TO THE FULL BOARD OF DIRECTORS OF ALL CONFLICTS OF INTEREST. FOLLOWING FULL DISCLOSURE, THE BOARD OF DIRECTORS SHALL DETERMINE WHETHER A CONFLICT EXISTS AND, IF SO, THE BOARD SHALL VOTE TO AUTHORIZE OR REJECT THE TRANSACTION OR TAKE ANY OTHER ACTION DEEMED NECESSARY TO ADDRESS THE CONFLICT. VOTES SHALL BY A MAJORITY VOTE WITHOUT THE PRESENCE OR VOTE OF ANY INTERESTED DIRECTOR, EVEN IF THE DISINTERESTED DIRECTORS ARE LESS THAN A QUORUM PROVIDED THAT AT LEAST ONE DIRECTOR IS DISINTERESTED. AN INTERESTED BOARD MEMBER, OFFICER, OR STAFF MEMBER SHALL NOT PARTICIPATE IN ANY DISCUSSION OR DEBATE OF THE BOARD OF DIRECTORS, OR OF ANY COMMITTEE OR SUBCOMMITTEE THEREOF IN WHICH THE SUBJECT OF DISCUSSION IS A CONTRACT, TRANSACTION, OR SITUATION IN WHICH THERE MAY BE A PERCEIVED OR ACTUAL CONFLICT OF INTEREST. HOWEVER, HE OR SHE MAY MAKE A PRESENTATION AT THE BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE OR SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE MINUTES OF THE MEETING SHALL CONTAIN THE NAMES OF THE PERSONS WHO DISCLOSED OR WERE OTHERWISE FOUND TO HAVE A CONFLICT OF INTEREST, THE NATURE OF THE CONFLICT, ANY ACTION TAKEN TO DETERMINE WHETHER A CONFLICT WAS PRESENT, AND THE BOARD'S DECISION AS TO WHETHER A CONFLICT IN FACT EXISTED. THE MINUTES SHALL ALSO INCLUDE THE NAMES OF THE PERSONS WHO WERE PRESENT FOR DISCUSSIONS AND VOTES RELATING TO THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE BENEFITS AND COMPENSATION PACKAGE FOR THE PRESIDENT AND CEO IS OVERSEEN AND DIRECTED BY OUR COMPENSATION COMMITTEE. THIS COMMITTEE IS COMPRISED OF OUR VOLUNTEER OFFICERS OF THE BOARD OF DIRECTORS WHICH INCLUSDE THE CHAIR, VICE CHAIR, SECRETARY/TREASURER AND THE IMMEDIATE TWO PAST CHAIRS. MEETING MINUTES ARE MAINTAINED TO DOCUMENT THIS DELIBERATION AND APPROVAL OF SALARY ADJUSTMENTS. A SALARY AND BENEFIT SURVEY HAS BEEN CONDUCTED TO MEASURE THE COMPENSATION PACKAGE. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: EQUITY IN EARNINGS OF SUBSIDIARY, MN CHAMBER BUSINESS SERVICES 10,817. MINNESOTA CHAMBER FOUNDATION 380 SAINT PETER STREET 1050 ST PAUL MN 55102 411453093 PHILANTHROPIC ORGANIZATION MN 501(C)(3) LINE 12A, I MINNESOTA CHAMBER OF COMMERCE 1 MINNESOTA WASTE WISE FOUNDATION 380 SAINT PETER STREET 1050 ST PAUL MN 55102 411834630 ASSIST BUSINESSES TO REDUCE WASTE AND ENERGY CONSUMPTION MN 501(C)(3) LINE 7 MINNESOTA CHAMBER OF COMMERCE 1 PRO JOBS MAJORITY 380 SAINT PETER STREET 1050 ST PAUL MN 55102 273429040 SUPPORT PRO-BUSINESS CANDIDATES FOR MN LEGISLATURE MN 527 N/A MINNESOTA CHAMBER OF COMMERCE 1 UNITED FOR JOBS 380 SAINT PETER STREET 1050 ST PAUL MN 55102 462437321 SUPPORT PRO-BUSINESS PUBLIC POLICY IN MN MN 501(C)(6) N/A N/A 0 JOBS FOR MINNESOTANS 380 SAINT PETER STREET 1050 ST PAUL MN 55102 611706722 INDEPENDENT EXPENDITURE ORGANIZATION MN 501(C)(4) N/A N/A 0 MINNESOTA CHAMBER BUSINESS SERVICES 380 SAINT PETER STREET 1050 ST PAUL MN 55102 411254589 MARKET AND PROMOTE PRODUCTS AND SERVICES TO MN CHAMBER MEMBERS MN N/A C 370304 117103 1.00000 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 MINNESOTA CHAMBER BUSINESS SERVICES N 141657 ACTUAL COSTS MINNESOTA CHAMBER FOUNDATION N 87765 ACTUAL COSTS MINNESOTA WASTE WISE FOUNDATION N 621333 ACTUAL COSTS PRO JOBS MAJORITY B 440000 ACTUAL COSTS MINNESOTA CHAMBER FOUNDATION B 150000 ACTUAL COSTS