2025-10-15T16:28:09-05:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2024-01-01 822079375 LCCC TITLE HOLDING INC LCCC 7173973531 115 EAST KING STREET LANCASTER PA 17602 HEATHER VALUDES PRESIDENT AND CEO 7173973531 2025-10-14 1 0 KERRI N BOGDA P00760402 7177404863 2025-10-14 2024 2025-03-06 01:10:19Z X HEATHER VALUDES 115 EAST KING STREET LANCASTER PA 17602 19643 0 X N/A X 2017 PA HOLD TITLE TO PROPERTY OF THE FOUNDATION OF THE LANCASTER CHAMBER. X 7 6 0 19 0 0 0 0 0 0 35610 19643 0 0 35610 19643 0 0 0 0 0 0 0 0 0 60719 43251 60719 43251 -25109 -23608 4410439 0 685640 0 3724799 0 X TO HOLD TITLE TO PROPERTY, COLLECT THE INCOME THEREON, AND TURN OVER THE INCOME, LESS EXPENSES, TO THE FOUNDATION OF THE LANCASTER CHAMBER. 0 1 LCCC TITLE HOLDING INC HOLDS THE TITLE TO THE PROPERTY OF THE FOUNDATION OF THE LANCASTER CHAMBER. PURSUANT TO THE RULES RELATED TO TITLE-HOLDING COMPANIES EXEMPT UNDER INTERNAL REVENUE CODE 501(C)(2), THE ORGANIZATION WILL DISTRIBUTE ITS NET INCOME TO THE FOUNDATION ON AN ANNUAL BASIS.THE ORGANIZATION MERGED ITS OPERATIONS INTO ITS AFFILIATED ORGANIZATION, THE FOUNDATION OF THE LANCASTER CHAMBER, ON OCTOBER 1, 2024. 0 0 0 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 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X JULIE HOUCK DIRECTOR OF FINANCE 7173973531 115 EAST KING STREET LANCASTER PA 17602 STEVEN GEISENBERGER VICE PRESIDENT (UNTIL 9/24) 0.25 X X 0 0 0 DANIEL FICHTNER TREASURER (UNTIL 9/12/24) 0.25 X X 0 0 0 JEFF PEELING SECRETARY (UNTIL 9/24) 0.25 X X 0 0 0 HEATHER VALUDES PRESIDENT/CEO 0.25 37.25 X X 0 180304 33429 VANESSA PHILBERT DIRECTOR 0.25 6.00 X 0 0 0 DONNA KREISER DIRECTOR 0.25 6.00 X 0 0 0 MIGUEL NISTAL DIRECTOR 0.25 6.00 X 0 0 0 ERIC WENGER DIRECTOR 0.25 6.00 X 0 0 0 STACY WHISEL DIRECTOR 0.25 6.00 X 0 0 0 J SEROKY DIRECTOR 0.25 6.00 X 0 0 0 JULIE HOUCK DIRECTOR OF FINANCE 0.25 37.25 X 0 81259 21259 THOMAS WALLACE DIRECTOR OF BUSINESS DEVEL 0.25 37.25 X 0 103165 11984 0 364728 66672 0 0 1 0 0 19643 19643 19643 0 0 19643 1240 94 37558 4359 43251 57671 0 101518 0 0 0 0 0 4251250 0 0 0 0 0 0 0 0 0 4410439 0 685640 0 685640 0 X 3724799 0 3724799 0 4410439 0 X -23608 -3701191 X 0 1 X 1 0 0 3720834 3701191 3701191 19643 0 19643 43251 0 43251 0 43251 PART XI, LINE 2D - OTHER ADJUSTMENTS: NET ASSET TRANSFER 3,701,191. 0 0 0 HEATHER VALUDES PRESIDENT/CEO 0 160304 0 8000 0 12000 0 15925 0 17504 0 213733 0 0 PART I, LINE 3 A RELATED ORGANIZATION, LANCASTER CHAMBER OF COMMERCE & INDUSTRY, USES A COMPENSATION COMMITTEE AND COMPENSATION SURVEYS TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S CEO/EXECUTIVE DIRECTOR. CASH AND NOTES RECEIVABLE 2024-10-01 3701191 COST BASIS AS PER AUDITED FINANCIAL STATEMENTS 222608944 THE FOUNDATION OF THE LANCASTER CHAMBER 115 EAST KING STREET LANCASTER PA 17602 501(C)(3) 1 1 0 0 1 0 0 1 0 PART I, LINE 2E: PERSON(S) INVOLVED: HEATHER VALUDES, THOMAS WALLACE, JULIE HOUCK, DONNA KRESIER, J. SEROKY, ERIC WENGER, MIGUEL NISTAL, VANESSA PHILBERT, STACY WHISEL PART I, LINE 2E: EXPLANATION OF INVOLVEMENT: ALL OF THE LISTED INDIVIDUALS ARE EMPLOYEES, AND/OR DIRECTORS OF THE AFFILIATED ORGANIZATION TO WHICH THE ASSETS OF THE FILING ORGANIZATION HAVE BEEN TRANSFERRED. NONE OF THE INDIVIDUALS BENEFITTED PERSONALLY FROM THE TRANSACTION. FORM 990, PART III, LINE 3 THE FILING ORGANIZATION, WHICH WAS FORMED IN 2017 AS PART OF A NEW MARKETS TAX CREDIT TRANSACTION, MERGED OPERATIONS INTO AN AFFILIATED ORGANIZATION, THE FOUNDATION OF THE LANCASTER CHAMBER, ON OCTOBER 1, 2024. ALL OPERATIONS IN THE FILING ORGANIZATION CEASED. FORM 990, PART VI, SECTION A, LINE 6 THE FOUNDATION OF THE LANCASTER CHAMBER IS THE SOLE SHAREHOLDER OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE DIRECTORS, OTHER THAN THOSE CONSTITUTING THE INITIAL BOARD OF DIRECTORS, SHALL BE ELECTED BY THE SHAREHOLDER, THE FOUNDATION OF THE LANCASTER CHAMBER. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS INITIALLY REVIEWED BY THE ORGANIZATION'S FINANCE DIRECTOR AND EXECUTIVE DIRECTOR. ONCE THE PRIMARY REVIEW IS COMPLETE, COPIES OF THE FORM 990 ARE MADE AVAILABLE TO THE BOARD PRIOR TO FILING. IN ADDITION, FORM 990 SHALL AT ALL TIMES BE AVAILABLE FOR INSPECTION BY THE PUBLIC WITHIN THE OFFICES OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS OF THE ORGANIZATION INCLUDING EX-OFFICIO MEMBERS AND THE PRESIDENT/CEO AND VICE PRESIDENT/COO ARE COVERED UNDER THE CONFLICT OF INTEREST POLICY. EACH COVERED PERSON IS REQUIRED TO COMPLETE A CONFLICT OF INTEREST STATEMENT ANNUALLY TO DISCLOSE ANY POTENTIAL CONFLICTS. COVERED PERSONS ARE ALSO REQUIRED UNDER THE CONFLICT OF INTEREST POLICY TO DISCLOSE ANY CONFLICT THEY MAY ENCOUNTER DURING THE PROCESS OF PERFORMING THEIR DUTY ON THE BOARD THROUGHOUT THE YEAR. A DETERMINATION OF A CONFLICT OF INTEREST IS MADE WHEN THE ANNUAL STATEMENT IS TURNED IN AND IS REVIEWED BY THE PRESIDENT/CEO OR THE VICE PRESIDENT/COO. DURING THE YEAR THE COVERED INDIVIDUALS MUST DISCLOSE TO THE BOARD, PRESIDENT/CEO AND/OR VICE PRESIDENT/COO ANY TRANSACTION THAT MAY BE A CONFLICT IN ADDITION TO THOSE DISCLOSED ON THE ANNUAL STATEMENT. ALL POTENTIAL CONFLICTS ARE REVIEWED BY THE PRESIDENT/CEO AND/OR VICE PRESIDENT/COO AND IF THERE IS A CONFLICT THE COVERED PERSON IS CLEARED OF ANY CONSEQUENCE BY THE FULL DISCLOSURE MADE BEFORE ANY ACTION IS TAKEN REGARDING THE CONFLICT. THE COVERED PERSON WITH THE CONFLICT MUST ABSTAIN FROM ANY DECISION IN THE CONFLICTING TRANSACTION. THE COVERED PERSON MUST ALSO BE ABSENT FROM THAT PART OF ANY MEETING WHEN THE CONFLICTING MATTER IS BEING VOTED ON. THE COVERED PERSON MAY BE PRESENT FOR DISCUSSION TO ANSWER QUESTIONS BUT MAY NOT ADVOCATE FOR THE ACTION TO BE TAKEN. THERE SHOULD BE MORE THAN ONE QUOTE OR RFP FOR ANY SIGNIFICANT TRANSACTIONS (OVER $5,000) THAT OCCUR WHERE A CONFLICT OF INTEREST IS INVOLVED. THOSE TRANSACTIONS THAT INVOLVE A SIGNIFICANT CONFLICT MUST BE AUTHORIZED BY THE BOARD BY A 2/3 MAJORITY OF THE DIRECTORS NOT INCLUDING THE INTERESTED COVERED PERSON. THE CONFLICT OF INTEREST POLICY DOES EXPRESSLY STATE THAT BUSINESS RELATIONSHIPS ARE A SOURCE OF POTENTIAL CONFLICT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND CONSOLIDATED AUDIT REPORT AVAILABLE UPON REQUEST. THESE DOCUMENTS ARE AVAILABLE FOR INSPECTION AT THE OFFICE OF THE ORGANIZATION. FORM 990, PART XI, LINE 9: NET ASSET TRANSFER -3,701,191. THE LANCASTER CHAMBER OF COMMERCE 115 EAST KING STREET LANCASTER PA 17602 232095463 COMMUNITY BUILDING PA 501(C)(6) N/A 0 THE FOUNDATION OF THE LANCASTER CHAMBER 115 EAST KING STREET LANCASTER PA 17602 222608944 PROVIDE FUNDING AND SCHOLARSHIPS PA 501(C)(3) LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0