2025-02-17T10:00:51-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 8390 EAST CRESCENT PARKWAY SUITE 300 GREENWOOD VILLAGE CO 80111 990 2023-01-01 830563237 BOULDER CHAMBER FOUNDATION BOUL 3034421044 2440 PEARL ST BOULDER CO 80302 JOHN TAYER PRESIDENT & CEO 3034421044 2025-02-13 1 1 BECKY DETTMANN CPA P01408585 3037795710 2025-02-13 2023 2025-03-06 01:10:19Z JOHN TAYER 2440 PEARL ST BOULDER CO 80302 351613 0 X WWW.BOULDERCHAMBERFOUNDATION.ORG X 2018 CO LEAD THE CHARITABLE AND EDUCATION OBJECTIVES OF THE BOULDER CHAMBER OF COMMERCE. 5 3 0 3 0 0 45561 34031 316042 316634 641 948 0 0 362244 351613 0 364 0 0 251474 380647 0 0 12098 233291 227363 484765 608374 -122521 -256761 538832 450877 388797 665931 150035 -215054 X THE BOULDER CHAMBER FOUNDATION (BCF) LEADS THE CHARITABLE AND EDUCATION OBJECTIVES OF THE BOULDER CHAMBER OF COMMERCE (BCC) AND PROMOTES ECONOMIC DEVELOPMENT AND QUALITY OF LIFE FOR THE GREATER BOULDER REGION. THE FOUNDATION FURTHERS BCC'S MISSION BY CONDUCTING RESEARCH, FORMING PARTNERSHIPS, PROVIDING SCHOLARSHIPS AND HOSTING EVENTS FOCUSED ON EDUCATION, WORKFORCE DEVELOPMENT, HOUSING, TRANSPORTATION AND COMMUNITY DEVELOPMENT. 0 0 17582 364 0 SUPPORT OF BOULDER AREA SMALL BUSINESSES. 499979 0 316634 EDUCATION AND JOB TRAINING, DIVERSIFIED AND AFFORDABLE HOUSING, AND TRANSPORTATION OPTIONS. 517561 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 8 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 3 0 1 0 0 0 1 0 1 0 0 0 1 1 1 1 1 0 0 0 0 X JOHN TAYER 3039192248 2440 PEARL ST BOULDER CO 80302 JOHN TAYER PRESIDENT & CEO 1.00 40.00 X X 0 231790 18609 JACQUELINE MCCAULEY DIRECTOR 1.00 40.00 X 0 119595 6630 KATE BROWN BOARD CHAIR 1.00 2.00 X X 0 0 0 DENNIS PAUL VICE CHAIR 1.00 2.00 X X 0 0 0 BING CHOU IMMEDIATE PAST BOARD CHAIR 1.00 2.00 X X 0 0 0 0 351385 25239 0 0 1 0 0 15026 19005 34031 CONTRACT SERVICES 611430 316634 316634 316634 948 948 351613 316634 0 948 X 364 364 314222 267088 40849 6285 9098 7733 1183 182 26775 22759 3481 535 30552 25969 3972 611 5449 4632 708 109 83228 70743 10820 1665 4859 4069 695 95 116888 99355 15195 2338 4208 3577 547 84 MEALS AND ENTERTAINMENT 8868 7538 1153 177 EVENT EXPENSES 3000 3000 DUES AND SUBSCRIPTIONS 863 734 112 17 608374 517561 78715 12098 374749 115462 10033 10038 154050 325377 538832 450877 735 304 388062 665627 388797 665931 X 150035 -215054 150035 -215054 538832 450877 X -256761 -108328 X X 1 X 0 1 0 X 28525 305024 45561 34031 413141 28525 305024 45561 34031 413141 30079 383062 29 81 478 641 948 2177 7 7 415325 728129 0.92230 0.91210 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2021 AMOUNT: $ 7. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO BOULDER CHAMBER OF COMMERCE 665627 665627 X PART X, LINE 2: THE ORGANIZATION HAS TAKEN NO TAX POSITIONS IT BELIEVES ARE UNLIKELY TO BE UPHELD, OR THAT MIGHT JEOPARDIZE ITS TAX-EXEMPT STATUS, IF EXAMINED BY TAXING AUTHORITIES WITH FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. 0 0 0 0 0 0 0 0 0 JOHN TAYER PRESIDENT & CEO 0 192293 0 39497 0 0 0 8178 0 10431 0 250399 0 0 PART I, LINE 3 COMPENSATION IS PAID BY THE BOULDER CHAMBER OF COMMERCE. THE EXECUTIVE COMMITTEE DEVELOPED THE COMPENSATION PACKAGE FOR THE PRESIDENT/CEO. THE COMMITTEE REVIEWS SEVERAL SOURCES OF DATA TO DETERMINE THE COMPENSATION WHICH INCLUDED GUIDESTAR AND SURVEYS. THE COMMITTEE ALSO USES CANPO AND THE EMPLOYER COUNCILS BENCHMARK SURVEY. THE DOCUMENTATION OF DELIBERATION AND DECISION CAN BE FOUND IN THE BOARD MINUTES. ANY RAISE OR BONUS IS DRIVEN AND APPROVED BY THE BOARD OF DIRECTORS. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2023. FORM 990, PART VI, SECTION A, LINE 3 THE FOUNDATION ENTERED IN TO A SHARED SERVICE AGREEMENT WITH THE BOULDER CHAMBER OF COMMERCE TO PROVIDE ADMINISTRATIVE AND MANAGEMENT SERVICES. FORM 990, PART VI, SECTION A, LINE 7A THE BOULDER CHAMBER OF COMMERCE HAS THE AUTHORITY TO APPOINT BOARD MEMBERS TO THE BCF BOARD BY SELECTING FROM THE CURRENT BOARD ROSTER OF THE CHAMBER. THESE BOARD MEMBERS ARE REFERRED TO AS BCC APPOINTED MEMBERS. THE NUMBER OF APPOINTED MEMBERS WILL ALWAYS SERVE TO CREATE THAT THE BCC APPOINTED MEMBERS FORM A MAJORITY OF THE TOTAL BCF BOARD MEMBERS. THIS NUMBER CAN VARY AS LONG AS THAT NUMBER CAUSES THE BCC APPOINTED DIRECTORS TO BE A MAJORITY OF THE TOTAL. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE 990 RETURN IS PREPARED BY THE ORGANIZATIONS INDEPENDENT ACCOUNTING FIRM, WITH INFORMATION PROVIDED BY MANAGEMENT. THE RETURN IS PROVIDED TO THE MANAGEMENT TEAM PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, ALL DIRECTORS, OFFICERS, MANAGERS, KEY EMPLOYEES OR COMMITTEE MEMBERS WITH POWERS DELEGATED TO THEM ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST STATEMENT THAT NOTES THEY HAVE READ, AGREED TO, AND ABIDE BY THE POLICY. AN INTERESTED PERSON WITH A POTENTIAL CONFLICT MAY MAKE A PRESENTATION TO THE BOARD, BUT AFTER THE PRESENTATION, THEY SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. AFTER EXERCISING DUE DILIGENCE, THE BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE FOUNDATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE FOUNDATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. BOARD AND COMMITTEE MEETING WHERE CONFLICTS ARE PRESENTED DOCUMENT THE INTERESTED PERSON, AND THEIR INTEREST, AS WELL AS ALL OF THE OTHER PERSONS WHO WERE PRESENT FOR THE DISCUSSION AND VOTE ON THE CONFLICT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATIONS GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACT FEES: PROGRAM SERVICE EXPENSES 1,828. MANAGEMENT AND GENERAL EXPENSES 280. FUNDRAISING EXPENSES 43. TOTAL EXPENSES 2,151. OTHER SERVICE FEES: PROGRAM SERVICE EXPENSES 68,915. MANAGEMENT AND GENERAL EXPENSES 10,540. FUNDRAISING EXPENSES 1,622. TOTAL EXPENSES 81,077. FORM 990, PART XI, LINE 9: RESTATEMENT OF NET ASSETS IN REVIEWED FINANCIAL STATEMENTS -108,328. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSEEING AND SELECTING AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. BOULDER CHAMBER OF COMMERCE 2440 PEARL ST BOULDER CO 80302 840152700 COMMUNITY WORK CO 501(C)(6) N/A N/A 0 0 0 0 0 1 0 0 0 0 0 0 1 0 1 1 1 0 0 0 BOULDER CHAMBER OF COMMERCE E 655627 FMV