2025-11-17T14:04:38-06:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 1785 INDIAN WOOD CIRCLE MAUMEE OH 43537 990 2024-01-01 341342220 TOLEDO AREA CHAMBER FOUNDATION TOLE 4192438191 300 MADISON AVENUE 200 TOLEDO OH 43604 TOM WALSH CFO 4192438191 2025-11-17 1 1 JONATHAN RICHARDS P01311831 4197942000 2025-11-11 2024 2025-03-06 01:10:19Z WENDY R GRAMZA 300 MADISON AVENUE 200 TOLEDO OH 43604 42152 0 X WWW.TOLEDOCHAMBER.COM X 1980 OH TO ACCELERATE ECONOMIC DEVELOPMENT WITHIN THE TOLEDO REGION. 7 6 0 6 0 0 75000 40000 0 0 1695 2152 0 0 76695 42152 20000 0 0 0 0 0 0 0 0 66947 82400 86947 82400 -10252 -40248 237890 202338 0 4696 237890 197642 TO HELP GROW BUSINESS DEVELOPMENT AND ECONOMIC ACTIVITY IN THE TOLEDO AREA. 0 0 82360 0 0 SUPPORTING ECONOMIC DEVELOPMENT IN THE TOLEDO AREA. 82360 1 1 0 0 0 0 0 0 1 0 0 0 0 1 1 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 0 0 1 0 0 0 1 2 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 0 OH X TOM WALSH 4192438191 300 MADISON AVE STE 200 TOLEDO OH 43604 WENDY GRAMZA TREASURER/SECRETARY 1.00 43.00 X X 0 212835 32887 LYNETTE REICHLE CHAIRMAN 1.00 1.00 X X 0 0 0 STEVE BOWE TRUSTEE 1.00 1.00 X 0 0 0 RANDOLPH BURNS TRUSTEE 1.00 1.00 X 0 0 0 ALEX GERKEN TRUSTEE 1.00 1.00 X 0 0 0 STEVE SMIGELSKI TRUSTEE 1.00 1.00 X 0 0 0 MATT YARDER TRUSTEE 1.00 1.00 X 0 0 0 0 212835 32887 0 0 1 0 0 10000 30000 40000 2152 2152 42152 0 0 2152 TALENT ALIGNMENT STRATE 82360 82360 BANK FEES 40 40 82400 82360 40 0 65000 217890 117338 20000 20000 237890 202338 0 4696 0 4696 X 126038 112150 111852 85492 237890 197642 237890 202338 -40248 0 X X 0 1 X 1 0 X X X 1 TOLEDO REGIONAL CHAMBER OF COMMERCE 344374780 10 1 0 0 1 0 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART IV, SECTION A, LINE 3B: THE BOARD OF DIRECTORS OF THE TOLEDO AREA CHAMBER FOUNDATION REVIEWS THE IRC SEC. 509(A)(2) PUBLIC SUPPORT CALCULATION COMPLETED BY THE TOLEDO REGIONAL CHAMBER OF COMMERCE EACH YEAR AS PART OF ITS RECORDS DURING THE SAME TIME IT IS COMPLETING AND FILING ITS ANNUAL FORM 990. PART IV, SECTION A, LINE 3C: THE BOARD OF DIRECTORS OF THE TOLEDO AREA CHAMBER FOUNDATION CLOSELY MONITORS EXPENDITURES OF THE FOUNDATION AND ENSURES THAT THEY ARE IN COMPLIANCE WITH APPLICABLE IRS CODES AND REGULATIONS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 95305 95305 0 0 0 RELATED PARTY RECEIVABLE 20000 20000 RELATED PARTY PAYABLE 4696 4696 X PART IV, LINE 1B: THE FOUNDATION SERVES AS AN INTERMEDIARY FOR CONTRIBUTIONS FOR THE REGIONAL GROWTH PARTNERSHIP (RGP). REVENUE RECEIVED FOR THE REGIONAL GROWTH PARTNERSHIP IS HELD TEMPORARILY AT THE FOUNDATION AND SUBSEQUENTLY PAID TO THE PARTNERSHIP. NO REVENUE WAS RECEIVED IN 2024 FOR THE RGP. THE FOUNDATION ALSO SERVED AS AN INTERMEDIARY FOR CONTRIBUTIONS TO THE NORTHWEST OHIO INNOVATION CONSORTIUM. REVENUE RECEIVED FOR THE NORTHWEST OHIO INNOVATION CONSORTIUM WAS USED TO PAY THE EXPENSES OF THE CONSORTIUM. PART X, LINE 2: THE FOUNDATION IS EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; NO PROVISION FOR INCOME TAX IS REQUIRED EXCEPT FOR INCOME TAXES ARISING FROM UNRELATED BUSINESS INCOME. THE ORGANIZATION ADOPTED THE INCOME TAX STANDARD FOR CERTAIN UNCERTAIN INCOME TAX POSITIONS. THE ORGANIZATION EVALUATED ITS TAX POSITIONS AND DETERMINED THAT ITS TAX POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED ON EXAMINATION. 0 0 0 0 0 0 0 0 0 WENDY GRAMZA TREASURER/SECRETARY 0 210513 0 0 0 2322 0 13327 0 19560 0 245722 0 0 SCHEDULE J, PART I: THE FILING ORGANIZATION RELIED ON A RELATED ORGANIZATION TO ESTABLISH, AND PAY, COMPENSATION FOR THE RELATED ORGANIZATION'S PRESIDENT AND CEO. THE RELATED ORGANIZATION USED THE FOLLOWING METHODS TO DETERMINE THE COMPENSATION: WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER IS THE TOLEDO REGIONAL CHAMBER OF COMMERCE, A RELATED 501(C)(6) EXEMPT ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS IS REQUIRED TO BE COMPOSED OF SEVEN PEOPLE, APPOINTED AND ELECTED AS FOLLOWS: THE MEMBER'S CHAIRMAN, TWO VICE CHAIRMAN, AND PRESIDENT ARE AUTOMATICALLY APPOINTED TO THE TOLEDO AREA CHAMBER FOUNDATION BOARD, AND THE REMAINING THREE BOARD MEMBERS ARE ELECTED BY THE MEMBER. FORM 990, PART VI, SECTION A, LINE 7B ANY CHANGES TO THE BYLAWS MUST BE APPROVED BY THE MEMBER. 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 A COMPLETE COPY OF THE TAX RETURN IS PROVIDED TO THE ENTIRE BOARD FOR THEIR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL VOLUNTEERS, INCLUDING THE BOARD AND COMMITTEE MEMBERS, ARE COVERED BY THE POLICY. THE BOARD OF TRUSTEES AND EXECUTIVE COMMITEE REVIEW POTENTIAL CONFLICTS OF INTEREST AND DETERMINE IF SUCH CONFLICTS EXIST. BOARD MEMBERS MUST SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. AT MONTHLY BOARD MEETINGS, IF THERE IS A CONFLICT, THE CONFLICT MUST BE DISCLOSED AND THE MEMBER MUST REFRAIN FROM DISCUSSING AND VOTING ON THAT MATTER. THE ABSTAINMENT FROM VOTING IS DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 HISTORICALLY, THE TOLEDO AREA CHAMBER FOUNDATION HAS NEVER MADE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. ANY REQUEST BY A MEMBER OF THE PUBLIC TO REVIEW THESE DOCUMENTS WOULD BE CONSIDERED CAREFULLY. FORM 990, PART XII, LINE 2C THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. TOLEDO REGIONAL CHAMBER OF COMMERCE 300 MADISON AVE ENTERPRISE SUITE 20 TOLEDO OH 43604 344374780 TO PROVIDE LEADERSHIP FOR A GLOBALLY COMPETITIVE ECONOMIC CLIMATE OH 501(C)(6) N/A 0 PARTNERSHIP FOR INNOVATION AND COMPETITIVENESS 300 MADISON AVE ENTERPRISE SUITE 20 TOLEDO OH 43604 822517672 TO PROVIDE SUPPORT FOR LOCAL BALLOT ISSUES OH 501(C)(4) TOLEDO REGIONAL CHAMBER OF COMMERCE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0