2025-04-25T11:11:06-05:00 2024-06-30 231980475 KREISCHER MILLER 100 WITMER ROAD SUITE 350 HORSHAM PA 190442369 990 2023-07-01 230969030 CHAMBER OF COMMERCE FOR GREATER PHILADEPHIA CHAM 2157903646 200 SOUTH BROAD STREET 700 PHILADELPHIA PA 191023896 SOLEDAD ALFARO CHIEF OPERATING OFFICER 2157903646 2025-04-15 1 1 BRAD FREDERICK P00686625 2154414600 2023 2025-03-06 01:10:19Z SOLEDAD ALFARO 200 SOUTH BROAD STREET 700 PHILADELPHIA PA 191023896 13648266 0 X WWW.CHAMERPHL.COM X 1801 PA TO MAKE THE GREATER PHILADELPHIA AREA A GREAT PLACE TO DO GOOD BUSINESS, BY FOSTERING COOPERATION AND GROWTH. 33 32 83 896 0 0 7068853 4946996 7736547 7656945 438680 802470 266984 241855 15511064 13648266 315000 80000 0 0 9480748 9780425 0 0 0 4419282 5271249 14215030 15131674 1296034 -1483408 24020267 22541121 9356792 8546634 14663475 13994487 X THE CHAMBER OF COMMERCE FOR GREATER PHILADELPHIA (THE CHAMBER) BRINGS AREA BUSINESSES AND CIVIC LEADERS TOGETHER TO PROMOTE GROWTH AND CREATE OPPORTUNITY IN OUR REGION. OUR MEMBERS REPRESENT ELEVEN COUNTIES, THREE STATES, AND ROUGHLY 600,000 EMPLOYEES FROM THOUSANDS OF MEMBER COMPANIES AND ORGANIZATIONS. BY BRINGING ALL KINDS OF BUSINESSES AND LEADERS TO THE TABLE - NEW, ESTABLISHED, BIG, SMALL, GROWING, THRIVING, PERENNIAL, INNOVATIVE, AND EXPERIMENTAL - WE BUILD COMMUNITY AND FIND COMMONALITIES AMONG US ALL. WE ADVOCATE FOR REGIONAL DEVELOPMENT, BUSINESS-FRIENDLY PUBLIC POLICIES, AND ECONOMIC PROSPERITY. WE SUPPORT OUR MEMBERS WITH PRACTICAL, INSPIRING PROGRAMS, RESOURCES AND EVENTS. 0 1 PROGRAMS AND EVENTS: THE CHAMBER HOSTS ANNUAL, QUARTERLY AND MONTHLY PROGRAMS RANGING FROM EDUCATIONAL SEMINARS AND NETWORKING SESSIONS TO LOCAL AND CIVIC EVENTS. THESE PROGRAMS AND EVENTS PROVIDE OUR MEMBERS NETWORKING OPPORTUNITIES, PROFESSIONAL DEVELOPMENT, COMMUNITY INVOLVEMENT AND REGIONAL EXPOSURE. ADVOCACY: THE CHAMBER PROVIDES MEMBERS WITH A DIRECT CONNECTION TO LOCAL, STATE AND FEDERAL GOVERNMENTAL OFFICIALS AND POLICY-MAKERS. OUR ADVOCACY TEAM WORKS ON BEHALF OF MEMBERS TO PROMOTE PUBLIC POLICY THAT WILL BOLSTER THE REGION'S ECONOMY AND IMPROVE OUR COMPETITIVENESS ON A NATIONAL AND GLOBAL SCALE. IN ADDITION, WE ARE A COMMUNITY PARTNER AND CREATE BROAD-BASED COALITIONS AROUND ISSUES THAT ARE IMPORTANT TO THE REGION'S BUSINESS COMMUNITY, INCLUDING TRANSPORTATION, INFRASTRUCTURE, EDUCATION AND WORKFORCE DEVELOPMENT. ECONOMIC COMPETITIVENESS IS RESPONSIBLE FOR ADVANCING THE CHAMBER'S WORK TO ATTRACT AND EXPAND COMPANIES, CAPITAL, AND TALENT IN THE GREATER PHILADELPHIA REGION. ENGAGING C-SUITE LEADERS FROM CHAMBER MEMBERS, PARTNERS AND INVESTORS TO ACTIVELY WORK TO AMPLIFY THE REGION'S COMPETITIVE ADVANTAGES AND ACCELERATE EQUITABLE ECONOMIC GROWTH. IT PRIORITIZES ACTIVITIES IN THE TECHNOLOGY AND LIFE SCIENCES SECTORS, IMPLEMENTING A MULTI-PLATFORM APPROACH TO THE REGION'S TALENT AND WORKFORCE CHALLENGES, AND BUILDING THE ORGANIZATION'S PARTNERSHIPS AND MARKETING CAMPAIGNS TO ENSURE THAT COMPANIES AND TALENT SELECT GREATER PHILADELPHIA. 0 1 0 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 X 58 0 1 83 1 0 0 0 0 1 1 0 0 0 X 33 32 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 PA X DAVID HEPBURN 2157903644 200 SOUTH BROAD STREET ROOM 700 PHILADELPHIA PA 191023896 AMY LOFTUS DIRECTOR 1.00 X 0 0 0 ANGELA VAL DIRECTOR 1.00 X 0 0 0 BRET PERKINS DIRECTOR 1.00 X 0 0 0 CHRISTOPHER H FRANKLIN DIRECTOR 1.00 X 0 0 0 DANIEL K FITZPATRICK CFA DIRECTOR 1.00 X 0 0 0 DAVID BURKAVAGE DIRECTOR 1.00 X 0 0 0 GREGORY E DEAVENS DIRECTOR 1.00 X 0 0 0 HAROLD L YOH III DIRECTOR 1.00 X 0 0 0 JAMI MCKEON ESQUIRE DIRECTOR 1.00 X 0 0 0 JOE CACCHIONE DIRECTOR 1.00 X 0 0 0 JOHN FRY DIRECTOR 1.00 X 0 0 0 JORDAN RAMBO DIRECTOR 1.00 X 0 0 0 JOSEPH G METERCHICK DIRECTOR 1.00 X 0 0 0 JUDITH M VON SELDENECK DIRECTOR 1.00 X 0 0 0 MADELINE BELL DIRECTOR 1.00 X 0 0 0 MALIK MAJEED DIRECTOR 1.00 X 0 0 0 MARC COLEMAN DIRECTOR 1.00 X 0 0 0 MICHAEL HELLER DIRECTOR 1.00 X 0 0 0 MICHAEL INNOCENZO DIRECTOR 1.00 X 0 0 0 ROCHELLE CAMERON PRESIDENT AS OF 07/11/22 40.00 5.00 X X 653493 0 107212 SCOTT B MIRKIN DIRECTOR 1.00 X 0 0 0 SHARMAIN MATLOCK-TURNER DIRECTOR 1.00 X 0 0 0 SUSAN JACOBSON DIRECTOR 1.00 X 0 0 0 SUSAN LONERGAN DIRECTOR 1.00 X 0 0 0 WILLIAM P HANKOWSKY DIRECTOR 1.00 X 0 0 0 WILLIAM R SASSO ESQUIRE DIRECTOR 1.00 X 0 0 0 MICHAEL ARATEN DIRECTOR 1.00 X 0 0 0 EMILY BITTENBENDER DIRECTOR 1.00 X 0 0 0 JOHN GATTUSO DIRECTOR 1.00 X 0 0 0 SUSAN HARDWICK DIRECTOR 1.00 X 0 0 0 STEPHEN JANETTA DIRECTOR 1.00 X 0 0 0 FRED MASSANOVA DIRECTOR 1.00 X 0 0 0 RODGER LEVENSON DIRECTOR 1.00 X 0 0 0 ANDREA R ALLON COO 40.00 5.00 X 408013 0 141346 DAVID R HEPBURN SECRETARY AND CONTROLLER 40.00 5.00 X 214718 0 43079 ANTONIA TIMBERG VP, PROGRAM & EVENTS 40.00 1.00 X 226581 0 21278 CLAIRE GREENWOOD EXECUTIVE DIRECTOR, VP OF 40.00 5.00 X 248929 0 11528 ERIC LARSON INFORMATION TECHNOLOGY DIR 40.00 X 193113 0 9288 TARA ORIO SENIOR VP, MEMBERSHIP 40.00 X 242471 0 27739 WILLIAM CARTER VP, LOCAL GOVT, ADVOCACY & 40.00 X 226906 0 38009 2414224 0 399479 25 0 1 0 0 197500 4749496 4946996 MEMBERSHIP DUES 561499 4535912 4535912 PROGRAM EVENTS 561499 3002530 3002530 ADMINISTRATIVE SERVICES 561000 108503 108503 PUBLICATION INCOME 541800 10000 10000 7656945 379497 379497 192642 192642 422973 0 422973 422973 422973 OTHER REVENUE 561499 49213 49213 49213 13648266 7656945 0 1044325 80000 1528408 6546473 332160 858408 514976 32619 78021 233595 1013897 533355 129541 327434 620172 138832 1628086 248191 37973 MISCELLANEOUS EXPENSES 91327 DUES AND SUBSCRIPTIONS 68408 CREDIT CARD FEES 60091 BAD DEBT EXPENSES 29707 15131674 145181 340428 4159295 1108684 1086553 1388900 402474 180492 4339402 3324908 1205659 1014494 12948029 14940669 4073076 3567454 24020267 22541121 2878376 3060958 804686 550452 5673730 4935224 9356792 8546634 X 13179965 12928703 1483510 1065784 14663475 13994487 24020267 22541121 X -1483408 1027172 -212752 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 4424312 463075 463075 530917 -67842 2205150 1305269 899881 651128 591038 60090 1483124 1428601 54523 1014494 OPERATING LEASE RIGHT-OF-USE ASSET 3567454 3567454 LEASE LIABILITY 4935224 4935224 X PART X, LINE 2: THE CHAMBER QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER THE EXISTING PROVISIONS OF THE INTERNAL REVENUE CODE AND ITS INCOME IS NOT SUBJECT TO STATE OR FEDERAL INCOME TAXES. THE CHAMBER FILES FEDERAL FORM 990 AND, WHEN NECESSARY, FORM 990T. FOR ANY UNRELATED BUSINESS ACTIVITIES, THE CHAMBER PROVIDES INCOME TAX LIABILITIES USING ESTABLISHED FEDERAL INCOME TAX RATES OF FOR-PROFIT CORPORATIONS. THE CHAMBER BELIEVES IT IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE OR LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2020. IT IS DIFFICULT TO PREDICT THE FINAL TIMING AND RESOLUTION OF ANY PARTICULAR TAX POSITION. BASED ON THE CHAMBER'S ASSESSMENT OF MANY FACTORS, INCLUDING PAST EXPERIENCE AND JUDGMENTS ABOUT FUTURE EVENTS, THE CHAMBER DOES NOT CURRENTLY ANTICIPATE SIGNIFICANT CHANGES IN ITS TAX POSITIONS OVER THE NEXT 12 MONTHS. 1 LASALLE NONPROFIT CENTER 1900 W OLNEY AVE PHILADELPHIA PA 19141 231352654 501(C)3 80000 0 FMV SUPPORTS ART & BUSINESS COUNCIL PART I, LINE 2: GRANT REQUESTS WERE REVIEWED BY AN OFFICER AND THE DECISION TO PROVIDE SUPPORT WAS MADE BASED ON THE INTENDED USE OF THE FUNDS. THESE REQUESTS WERE APPROVED BY A COMMITTEE OF THE CHAMBER'S GOVERNING BODY. X 0 1 X X X 0 1 0 ROCHELLE CAMERON PRESIDENT AS OF 07/11/22 472580 0 161000 0 19913 0 82817 0 24395 0 760705 0 0 0 ANDREA R ALLON COO 266461 0 130603 0 10949 0 111559 0 29787 0 549359 0 0 0 TARA ORIO SENIOR VP, MEMBERSHIP 182358 0 57000 0 3113 0 9418 0 18321 0 270210 0 0 0 WILLIAM CARTER VP, LOCAL GOVT, ADVOCACY & 190438 0 35000 0 1468 0 10081 0 27928 0 264915 0 0 0 CLAIRE GREENWOOD EXECUTIVE DIRECTOR, VP OF 198482 0 48000 0 2447 0 10211 0 1317 0 260457 0 0 0 DAVID R HEPBURN SECRETARY AND CONTROLLER 150931 0 61988 0 1799 0 19282 0 23797 0 257797 0 0 0 ANTONIA TIMBERG VP, PROGRAM & EVENTS 178468 0 45000 0 3113 0 9071 0 12207 0 247859 0 0 0 ERIC LARSON INFORMATION TECHNOLOGY DIR 165045 0 26000 0 2068 0 8215 0 1073 0 202401 0 0 0 PART I, LINE 1A THE BENEFIT WAS PROVIDED PURSUANT TO AN EMPLOYMENT CONTRACT. THE EXECUTIVE PROVIDED DOCUMENTATION TO SUPPORT THE REIMBURSEMENT. PART I, LINE 4B PART I LINE 4B THE CHAMBER OF COMMERCE FOR GREATER PHILADELPHIA CONTRIBUTED $50,201 TO A 457(F) PLAN FOR ROCHELLE CAMERON, PRESIDENT AND CEO. PART I LINE 4B THE CHAMBER OF COMMERCE FOR GREATER PHILADELPHIA CONTRIBUTED $75,107 TO A 457(F) PLAN FOR ANDREA ALLON, COO - WHICH INCLUDED A CATCH-UP CONTRIBUTION OF $28,818.75 IN THE MONTH OF JULY. FORM 990, PART III, LINE 3 DURING FY24, THE PROGRAMS OF THE ARTS & BUSINESS COUNCIL WERE TRANSFERRED TO THE NONPROFIT CENTER AT LA SALLE UNIVERSITY. PART V, LINE 3B IN FY24 THERE WAS NO UNRELATED BUSINESS REVENUE OF $1,000 OR MORE FOR DIGITAL OR PROGRAM BOOK ADVERTISING AS WAS EARNED IN PRIOR YEARS. FORM 990, PART VI, SECTION A, LINE 2 DIRECTOR SHARMAIN MATLOCK-TURNER SERVES AS A MEMBER OF THE PECO BOARD OF DIRECTORS WHERE DIRECTOR MICHAEL INNOCENZO IS PRESIDENT AND CEO. DIRECTOR WILLIAM HANKOWSKY SERVES ON THE BOARD OF CITIZENS FINANCIAL GROUP, WHERE DIRECTOR DANIEL FITZPATRICK IS AN EXECUTIVE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY MANAGEMENT AND REVIEWED BY THE CHAMBER'S EXTERNAL ACCOUNTING FIRM. A MEETING OF THE AUDIT COMMITTEE WAS HELD TO REVIEW THE DRAFT FORM 990. THE FORM 990 WAS PROVIDED TO THE ENTIRE EXECUTIVE COMMITTEE, THE CHAMBER'S GOVERNING BODY, PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CHAMBER'S CONFLICT OF INTEREST POLICY AND QUESTIONNAIRE IS ADMINISTERED TO ALL MEMBERS OF ITS EXECUTIVE COMMITTEE, THE GOVERNING BODY, EACH YEAR. THE POLICY AND QUESTIONNAIRE REQUIRES EACH EXECUTIVE COMMITTEE MEMBER TO DISCLOSE CERTAIN BUSINESS RELATIONSHIPS OR FAMILY RELATIONSHIPS BETWEEN THE EXECUTIVE COMMITTEE MEMBER AND ANOTHER EXECUTIVE COMMITTEE MEMBER OR BETWEEN THE EXECUTIVE COMMITTEE MEMBER AND AN OFFICER OR KEY EMPLOYEE OF THE CHAMBER. IT ALSO REQUIRES EACH MEMBER TO DISCLOSE IF THEY OR THEIR FAMILY MEMBER ARE A DIRECTOR, OFFICER OR KEY EMPLOYEE OF AN ORGANIZATION WITH WHICH THE CHAMBER CONDUCTED IN EXCESS OF $100,000 OF BUSINESS DURING THE YEAR, TO DISCLOSE ANY FAMILY MEMBER THAT RECEIVES ANY COMPENSATION, PERQUISITES OR BENEFITS FROM THE CHAMBER AND TO REPORT ANY ALLEGIANCE OR FINANCIAL INTEREST THAT THEY OR ANY FAMILY MEMBER HAS THAT MIGHT PRESENT A CONFLICT OR APPEAR TO COMPETE WITH THE DISCHARGE OF THEIR DUTIES AND RESPONSIBILITIES TO THE CHAMBER. FORM 990, PART VI, SECTION B, LINE 15A THE CHAMBER HAS AN EXECUTIVE COMPENSATION COMMITTEE COMPRISED OF FIVE INDEPENDENT MEMBERS OF ITS EXECUTIVE COMMITTEE. THE EXECUTIVE COMPENSATION COMMITTEE IS RESPONSIBLE FOR OVERSEEING THE DETERMINATION OF THE COMPENSATION, BENEFITS AND OTHER REMUNERATION OF THE CHAMBER'S CEO AND THE CHAMBER'S OTHER SENIOR OFFICERS. THIS COMMITTEE DETERMINES THE COMPENSATION OF THE CEO AND REVIEWS AND APPROVES THE COMPENSATION OF THE OTHER SENIOR OFFICERS RECOMMENDED BY THE CEO. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS ARE AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: WITHDRAWAL FROM PACT AGREEMENT -212,752. PART XII, LINE 2C NO CHANGES FROM THE PRIOR YEAR PART XI, LINE 9 ON DECEMBER 29, 2023, THE CHAMBER ENTERED INTO A WITHDRAWAL AGREEMENT WITH GREATER PHILADELPHIA ALLIANCE FOR CAPITAL AND TECHNOLOGIES (PACT) TO VOLUNTARILY WITHDRAWAL AS THE SOLE MEMBER OF PACT. EFFECTIVE DECEMBER 29, 2023, ALL MEMBERSHIP, VOTING RIGHTS AND INTERESTS IN PACT WERE TERMINATED. AS A RESULT, THE CHAMBERRECORDED A CHARGE AGAINST NET ASSETS OF $212,752. FORM 990, PART XI, LINE 9: FRACTION OF CENTS CCGP REGIONAL FOUNDATION 200 SOUTH BROAD STREET SUITE 700 PHILADELPHIA PA 19102 232653189 EDUCATION & CULTURAL DEV. PA 501(C)(3) LINE 12A, I N/A 0 GPCC RESOURCES INC 200 SOUTH BROAD STREET SUITE 700 PHILADELPHIA PA 19102 238097773 PROMOTE TRADE & COMMERCE PA 501(C)(6) N/A 0 GREATER PHILA ALLIANCE FOR CAPITAL & TECHNOLOGIES 200 SOUTH BROAD STREET SUITE 700 PHILADELPHIA PA 19102 233036397 SUPPORT VC COMMUNITY PA 501(C)(6) N/A 0 GPCC BENEFIT SERVICES INC 200 SOUTH BROAD STREET SUITE 700 PHILADELPHIA PA 19102 232849191 BENEFITS SERVICES PA C 110773 1.00000 0 GPCC ENTERPRISE INC 200 SOUTH BROAD STREET SUITE 700 PHILADELPHIA PA 19102 233097770 CONSULTING PA C 1.00000 0 0 0 1 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0 CCGP REGIONAL FOUNDATION C 197500 BOOK