2024-10-31T00:40:02-05:00 2023-12-31 351346211 HARDING SHYMANSKI & CO PSC 101 S FIFTH STREET SUITE 1700 LOUISVILLE KY 40202 990 2023-01-01 611131064 GREATER LOUISVILLE FOUNDATION INC GREA 5026250000 101 SOUTH FIFTH STREET SUITE 2300 LOUISVILLE KY 40202 SARAH DAVASHER-WISDOM PRESIDENT & CEO 5026250000 2024-10-14 1 1 MICHAEL J VOGEL P00075676 5025844142 2024-10-14 2023 2024-10-15 13:58:12Z SARAH DAVASHER-WISDOM 101 SOUTH FIFTH STREET SUITE 2300 LOUISVILLE KY 40202 288393 0 X N/A X 1987 KY IDENTIFY, MOBILIZE, AND FUND PROGRAMS TO ADDRESS LOUISVILLE'S GREATEST CHALLENGES REGARDING BUSINESS GROWTH AND INCREASED ECONOMIC PROSPERITY FOR ALL CITIZENS IN THE GREATER LOUISVILLE REGION. 14 14 0 41 0 0 144260 288345 0 0 13 48 0 0 144273 288393 144260 195100 0 0 0 0 0 0 0 34954 52393 179214 247493 -34941 40900 81531 657181 6365 541115 75166 116066 IDENTIFY, MOBILIZE, AND FUND PROGRAMS TO ADDRESS LOUISVILLE'S GREATEST CHALLENGES REGARDING BUSINESS GROWTH AND INCREASED ECONOMIC PROSPERITY FOR ALL CITIZENS IN THE GREATER LOUISVILLE REGION. 0 0 239475 195100 SUPPORT PROGRAMS AND SERVICES THAT CONTRIBUTE TO THE PROSPERITY OF OUR ENTIRE COMMUNITY, INCLUDING EDUCATION, ECONOMIC DEVELOPMENT, JOB CREATION AND ENTREPRENEURIAL AND SMALL BUSINESS DEVELOPMENT. SUPPORT EXPORT DEVELOPMENT ACTIVITIES OF SMALL AND MEDIUM SIZE COMPANIES. 239475 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 KY X MICHAEL HEICHELBECH 5026250000 101 SOUTH FIFTH STREET SUITE 2300 LOUISVILLE KY 40202 RUSSELL COX BOARD MEMBER 1.00 1.00 X 0 0 0 JOHN CROCKETT BOARD MEMBER 1.00 X 0 0 0 CONDRAD DANIELS BOARD MEMBER 1.00 X 0 0 0 AUDWIN HELTON BOARD MEMBER 1.00 X 0 0 0 JA HILLEBRAND BOARD MEMBER 1.00 X 0 0 0 JILL HORN BOARD MEMBER 1.00 X 0 0 0 BOB KOETTER BOARD MEMBER 1.00 X 0 0 0 ROCKI ROCKINGHAM BOARD MEMBER 1.00 X 0 0 0 PURNA VEER BOARD MEMBER 1.00 1.00 X 0 0 0 SARAH DAVASHER-WISDOM PRESIDENT/CEO 4.00 40.00 X 0 375324 32038 JIM ALLEN SECRETARY 1.00 1.00 X 0 0 0 PAUL COSTEL CHAIR 1.00 X 0 0 0 EVELYN STRANGE TREASURER 1.00 X 0 0 0 0 375324 32038 0 0 1 0 0 288345 288345 48 48 288393 0 0 48 195100 195100 ADMINISTRATIVE EXPENSES 24000 15982 8018 SUBSCRIPTIONS 17441 17441 AUDIT CHARGES 9260 9260 BANK CHARGES 1692 1692 247493 239475 8018 0 79425 638876 2106 1619 15100 1586 81531 657181 0 160 0 531335 6365 9620 6365 541115 X 56227 97687 18939 18379 75166 116066 81531 657181 40900 0 X X 0 1 X 1 0 X 728333 538933 503462 144260 288345 2203333 728333 538933 503462 144260 288345 2203333 1216182 987151 20 5 13 48 86 2203419 0.44800 0.42010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO RELATED PARTY 9620 9620 X 93293 0 93293 195100 195100 288393 52393 0 52393 195100 195100 247493 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM INCOME TAXES (EXCEPT ON UNRELATED BUSINESS INCOME) UNDER THE PROVISION OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND A SIMILAR PROVISION OF STATE LAW. THERE WERE NO TAXES DUE FOR THE YEARS ENDED DECEMBER 31, 2020 AND 2021, AS THERE WAS NO UNRELATED BUSINESS INCOME DURING THOSE YEARS. MANAGEMENT EVALUATED THE FOUNDATION'S UNCERTAIN TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: CONTRIBUTION REVENUE - GLI 195,100. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANTS - GLI 195,100. 1 LOUISVILLE AREA CHAMBER OF COMMERCE INC 614 WEST MAIN STREET LOUISVILLE KY 40202 610434089 501(C)(6) 195100 0 ECONOMIC DEVELOPMENT & EDUCATIONAL PROGRAMS SCHEDULE I, PART I, LINE 2 ALL ORGANIZATIONS RECEIVING FUNDS ARE LOCAL TO THE LOUISVILLE AREA OR NATIONALLY RECOGNIZED, AND GREATER LOUISVILLE FOUNDATION BOARD MEMBERS ARE FAMILIAR WITH AND FREQUENTLY INVOLVED IN THEIR ACTIVITIES. 0 0 0 0 0 0 0 0 0 SARAH DAVASHER-WISDOM PRESIDENT/CEO 0 295324 0 80000 0 0 0 19440 0 12598 0 407362 0 0 FORM 990, PART VI, SECTION A, LINE 2 MOST MEMBERS OF THE GLF BOARD ARE ALSO OFFICERS AND DIRECTORS OF OTHER BUSINESSES AND CIVIC ORGANIZATIONS IN THE LOUISVILLE AREA, AND THEREFORE HAVE BUSINESS AND BOARD RELATIONSHIPS WITH ONE ANOTHER. TRANSACTIONS OCCUR IN THE ORDINARY COURSE OF BUSINESS BETWEEN THESE ORGANIZATIONS AND GLF. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B MEMBERS OF THE FINANCE COMMITTEE REVIEW A DRAFT OF THE FORM 990 DURING A COMMITTEE MEETING. ALL BOARD MEMBERS ARE DIRECTED TO A RESTRICTED WEBSITE THAT THE ORGANIZATION HAS CREATED THAT CONTAINS A DRAFT OF THE FORM 990 FOR THEIR REVIEW. THE TAX RETURN PREPARER IS THEN NOTIFIED WITH ANY FOLLOW-UP QUESTIONS OR WITH APPROVAL OF THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C A LETTER IS SENT ANNUALLY TO ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES REQUESTING DISCLOSURE OF ANY INTERESTS THAT COULD BE A CONFLICT OF INTEREST. THE REPLIES ARE REVIEWED AND ANY POTENTIAL CONFLICTS ARE REVIEWED BY THE GREATER LOUISVILLE FOUNDATION, INC. BOARD FOR APPROPRIATE ACTION. FORM 990, PART VI, SECTION B, LINE 15A THE ONLY COMPENSATION REPORTED ON THIS RETURN IS FROM A RELATED ORGANIZATION. THE RELATED ORGANIZATION HAS A WAGE AND SALARY PLAN IN PLACE FOR ALL EMPLOYEES THAT IS BENCHMARKED ANNUALLY WITH OTHER COMPANIES LOCALLY AND IN THE REGION. ADDITIONALLY, THE PRESIDENT/CEO SALARY IS BENCHMARKED WITH OTHER CHAMBERS IN THE COUNTRY THAT ARE IN OUR SAME REVENUE TIER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MADE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST DURING THE TAX YEAR. FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE TO HOW THE COMMITTEE REVIEWS THE AUDITED FINANCIAL STATEMENTS. LOUISVILLE AREA CHAMBER OF COMMERCE INC 614 WEST MAIN STREET LOUISVILLE KY 40202 610434089 ECONOMIC DEVELOPMENT KY 501(C)(6) N/A N/A 0 0 1 0 0 1 0 0 0 0 0 0 1 1 1 1 0 0 0 0 LOUISVILLE AREA CHAMBER OF COMMERCE INC B 195100 . LOUISVILLE AREA CHAMBER OF COMMERCE INC E 9620 LOUISVILLE AREA CHAMBER OF COMMERCE INC M 24000