Chamber Of Commerce Of Greater Kansas City in Kansas City, Missouri (MO)

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Chamber Of Commerce Of Greater Kansas City
Employer Identification Number (EIN)440196840
Name of OrganizationChamber Of Commerce Of Greater Kansas City
In Care of NameRick Perry
Address30 W Pershing Rd Ste 301, Kansas City, MO 64108-2423
ActivitiesFair, Industry trade shows, Training in sports
SubsectionChamber of Commerce
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period10/2012
Assets$1,000,000 to $4,999,999
Income$5,000,000 to $9,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$3,409,422
Amount of Income$5,661,458
Form 990 Revenue Amount$5,661,458
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Promotion of Business


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Amount of income in 2012: $5,661,458
This organization: 

 $5,661,458
Other organizations performing similar types of work: 

 $1,075,112

Assets in 2012: $3,409,422
This organization: 

 $3,409,422
Other organizations performing similar types of work: 

 $1,234,647

Expenses in 2007: $5,967,567
Chamber Of Commerce Of Greater Kansas City: 

 $5,967,567
Other organizations performing similar types of work: 

 $899,741

Income to expenses ratio in 2007: 1.0
Chamber Of Commerce Of Greater Kansas City: 

 1.0
Other organizations performing similar types of work: 

 1.0

Number of employees in 2007: 39
This organization: 

 39
Other organizations performing similar types of work: 

 12

Employees paid over $50,000 in 2007: 12.8%
Chamber Of Commerce Of Greater Kansas City: 

 12.8%
Other organizations performing similar types of work: 

 0.0%

Financial snapshot ($)

Revenue for 2007

Assets at end of 2007

Income-Producing Activities for 2007

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001200220032004200520062007
Total revenue$4,821,333$4,407,964$4,838,853$5,000,860$5,211,136$5,552,004$6,071,863$5,931,274
Contributions, gifts, grants, and similar amounts received$0$0$0$0$0$0$0$0
Contributions to donor advised funds$0$0
Direct public support$0$0$0$0$0$0$0$0
Indirect public support$0$0$0$0$0$0$0$0
Government contributions (grants)$0$0$0$0$0$0$0$0
Program service revenue including government fees and contracts$1,267,309$1,079,347$1,271,993$1,433,400$1,636,624$1,631,410$1,855,815$1,854,586
Membership dues and assessments$2,590,196$2,539,610$2,812,389$2,822,328$2,828,641$3,053,704$3,374,772$3,351,158
Interest on savings and temporary cash investments$150,731$127,856$119,862$96,914$104,351$133,430$0$0
Dividends and interest from securities$0$0$0$0$0$0$136,043$86,740
Net rental income or (loss)$0$0$0$0$0$0$0$0
Gross rents$0$0$0$0$0$0$0$0
Less: rental expenses$0$0$0$0$0$0$0$0
Other investment income$-3,616$15,986$-1,022$11,341$-24,254$60,054$34,392$-9,204
Gain or (loss) from sales of assets other than inventory$0$0$0$0$0$0$0$-23,991
Gross amount from sales of assets other than inventory$0$0$0$0$0$0$0$0
Less: cost or other basis and sales expenses$0$0$0$0$0$0$0$23,991
Net income or (loss) from special events and activities$0$0$0$0$0$0$0$0
Gross revenue$0$0$0$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0$0$0$0
Other revenue$816,713$645,165$635,631$636,877$665,774$673,406$670,841$671,985
Total expenses$4,850,340$4,993,441$4,688,899$5,211,741$5,388,455$5,639,686$6,011,273$5,967,567
Program services$0$0$0$0$0$0$0$0
Management and general$0$0$0$0$0$0$0$0
Fundraising$0$0$0$0$0$0$0$0
Payments to affiliates$0$0$0$0$0$0$0$0
Net assets or fund balances at end of year$2,936,466$2,392,423$2,522,741$2,288,625$2,093,615$2,057,914$2,209,976$1,899,286
Excess or (deficit) for the year$-29,007$-585,477$149,954$-210,881$-177,319$-87,682$60,590$-36,293
Net assets or fund balances at beginning of year$2,841,708$2,936,466$2,392,423$2,522,741$2,288,625$2,093,615$2,057,914$2,209,976
Other changes in net assets or fund balances$123,765$41,434$-19,636$-23,235$-17,691$51,981$91,472$-274,397
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$5,967,567$0$0$0
Grants paid from donor advised funds$0
Other grants and allocations$25,000
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$1,025,321$0$0$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$1,271,462$0$0$0
Pension plan contributions not included above$324,594$0$0$0
Employee benefits not included above$210,168$0$0$0
Payroll taxes$168,376$0$0$0
Professional fundraising fees$0$0$0$0
Accounting fees$196,207$0$0$0
Legal fees$9,149$0$0$0
Supplies$45,000$0$0$0
Telephone$42,837$0$0$0
Postage and shipping$27,007$0$0$0
Occupancy$308,257$0$0$0
Equipment rental and maintenance$2,386$0$0$0
Printing and publications$3,282$0$0$0
Travel$76,075$0$0$0
Conferences, conventions, and meetings$12,671$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$70,214$0$0$0
Other expenses not covered above$2,149,561$0$0$0
Balance Sheets
20002001200220032004200520062007
Total assets$4,295,764$3,834,057$3,928,967$3,892,271$3,796,815$4,189,362$5,060,537$4,448,246
Cash - non-interest-bearing$228,667$192,537$146,100$0$1,563$1,032$1,114$56,167
Savings and temporary cash investments$377,069$143,789$446,413$444,451$405,866$968,727$1,296,844$990,933
Accounts receivable less allowance for doubtful accounts$59,390$49,256$51,076$81,209$16,942$64,170$57,011$54,770
Pledges receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Grants receivable$0$0$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Inventories for sale or use$0$0$0$0$0$0$0$0
Prepaid expenses and deferred charges$131,528$137,223$159,040$167,656$192,478$157,710$176,111$278,568
Investments - publicly-traded securities$2,034,380$1,808,524
Investments - other securities$2,480,170$2,342,259$2,138,001$2,209,156$2,090,087$1,850,507$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0$0$0
Investments - other$655,223$598,367$669,319$713,488$822,011$940,081$1,370,707$1,191,527
Land, buildings, and equipment less accumulated depreciation$363,717$370,626$319,018$276,311$267,868$207,135$124,370$67,757
Other assets, including program-related investments$0$0$0$0$0$0$0$0
Total liabilities$1,359,298$1,441,634$1,406,226$1,603,646$1,703,200$2,131,448$2,850,561$2,548,960
Accounts payable and accrued expenses$299,237$448,918$329,990$490,681$385,833$526,967$461,568$397,557
Grants payable$0$0$0$0$0$0$0$0
Deferred revenue$408,917$396,388$406,917$397,698$495,356$664,400$1,018,286$959,876
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0$0$0
Mortgages and other notes payable$0$0$0$0$0$0$0$0
Other liabilities$651,144$596,328$669,319$715,267$822,011$940,081$1,370,707$1,191,527
Total liabilities and net assets/fund balances$4,295,764$3,834,057$3,928,967$3,892,271$3,796,815$4,189,362$5,060,537$4,448,246
Total net assets or fund balances$2,936,466$2,392,423$2,522,741$2,288,625$2,093,615$2,057,914$2,209,976$1,899,286
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001200220032004200520062007
Total revenue$4,821,333$4,407,964$4,838,853$5,000,860$5,211,136$5,552,004$6,071,863$5,931,274
Total revenue, gains, and other support per audited financial statements$5,137,491$4,589,068$4,939,313$5,150,463$5,399,017$5,784,860$6,435,262$5,944,746
Other expenses$316,158$181,104$100,460$149,603$187,881$232,856$363,399$13,472
Net unrealized gains on investments$123,765$41,434$-19,636$-23,231$-17,691$51,981$91,472$-274,397
Donated services and use of facilities$0$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0$0
Other$192,393$139,670$120,096$172,834$205,572$180,875$271,927$287,869
Other revenue$0$0$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001200220032004200520062007
Total expenses$4,850,340$4,993,441$4,688,899$5,211,741$5,388,455$5,639,686$6,011,273$5,967,567
Total expenses and losses per audited financial statements$5,042,733$5,133,111$4,808,995$5,384,579$5,594,027$5,820,561$6,283,200$6,255,436
Other revenue$192,393$139,670$120,096$172,838$205,572$180,875$271,927$287,869
Donated services and use of facilities$0$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0$0
Losses$0$0$0$0$0$0$0$0
Other$192,393$139,670$120,096$172,838$205,572$180,875$271,927$287,869
Other expenses$0$0$0$0$0$0$0$0
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
45$426,741$219,065$0
45$128,571$8,357$0
45$123,871$8,052$0
45$187,183$10,855$0
45$158,955$10,332$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings57
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?No
Did the organization make only in-house lobbying expenditures of $2,000 or less?No
Dues, assessments, and similar amounts from members$3,351,158
Section 162(e) lobbying and political expenditures$800,403
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$-837,790
Taxable amount of lobbying and political expenditures$-37,387
Does the organization elect to pay the section 6033(e) tax on the amount above?No
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 200639
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$-9,204$692,749$5,247,729
Program service revenue
Program service revenue 1000000$000$0$1,854,586
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$3,351,158
Interest on savings and temporary cash investments000000$000$0$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$86,740$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment incomePassive income activities with controlled organizations$-9,20400$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$-23,991$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$0Royalty income excluded by section 512(b)(2)$630,000$41,985
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
431831258100%$-9,204$157,485
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
Enter the total number of donor advised funds owned at the end of the tax year$0
Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
Enter the total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
Enter the aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it is
Support Schedule
19992000200120022003200420052006
Total$0$0$0$0$0$0$0$0
Gifts, grants, and contributions received$0$0$0$0$0$0$0$0
Membership fees received$0$0$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0$0$0$0$0$0
Net income from unrelated business activities not included above$0$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0$0
Other income$0$0$0$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?Yes
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$5,852,845
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$5,157,114
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$25,191
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$670,540
Statement of Functional Expenses (for 2011)
Total functional expenses$6,031,366
Compensation of current officers, directors, trustees, and key employees$886,242
Other salaries and wages$1,425,922
Payroll taxes$158,923
Professional fundraising services$0
Other$3,560,279
Balance Sheet (for 2011)
Total assets$3,662,329
Total liabilities$2,439,204
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$896,917
Unsecured notes and loans payable to unrelated third parties$0
Other$1,542,287
Total net assets or fund balances$1,223,125
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1National Biodiesel BoardPO BOX 104898, Jefferson Cty, MO 65110-4898MO1993-04$16,426,199
2National Association Of Electrical Distributors1181 Corporate Lake Dr, Saint Louis, MO 63132-1716MO1952-04$9,941,781
3Primaris200 N Keene St, Columbia, MO 65201-8102MO1984-06$9,572,581
4National Association Of Professional Surplus Lines Offices200 Ne 54th St Unit 200, Kansas City, MO 64118-4338MO1981-10$7,889,097
5Electrical Apparatus Service Association Inc1331 Baur Blvd, Saint Louis, MO 63132-1903MO1949-03$6,780,449
6Chamber Of Commerce Of Greater Kansas City30 W Pershing Rd Ste 301, Kansas City, MO 64108-2423MO$5,661,458
7St Louis Construction Training And Advancement Foundation6330 Knox Industrial Drive, St Louis, MO 63139-3039MO1965-05$4,680,805
8Owner-Operators Independent Drivers Association Of AmericaPO BOX 1000, Grain Valley, MO 64029-1000MO1988-07$4,410,506
9Springfield Convention And Visitors815 E St Louis Street Suite 100, Springfield, MO 65806-2417MO1989-11$2,955,645
10North American Equipment Dealers Association1195 Smizer Mill Rd, Fenton, MO 63026-3480MO1941-05$2,725,326
11Greater St Louis Automotive Assn Inc13616 Manchester Rd, Saint Louis, MO 63131-1615MO1935-02$2,504,720
12Springfield Mo Chamber Of Commerce Inc 320 JeffersonPO BOX 1687, Springfield, MO 65801-1687MO1943-11$2,376,971
13Missouri Society Of Certified Public AccountantsSte 200, Saint Louis, MO 63141MO1981-06$2,277,511
14Washington Chamber Of Commerce323 W Main St, Washington, MO 63090-2124MO1970-01$2,231,455
15St Joseph Area Chamber Of Commerce3003 Frederick Ave, Saint Joseph, MO 64506-2909MO1953-02$1,550,130
16Sheet Metal And Air Conditioning Contractors National Association, St Louis Chapter10405 Liberty Ave, Saint Louis, MO 63132-1216MO1977-10$1,198,666
17Columbia Chamber Of CommercePO BOX 1016, Columbia, MO 65205-1016MO1938-11$1,127,084
18Missouri Petroleum Marketers & Convenience Stores Association205e Capitol Ave, Jefferson City, MO 65101-3166MO1950-04$1,066,451
19National Electrical Contractors Assoc Inc Greater Kc Chapter4016 Washington, Kansas City, MO 64111-2683MO1953-11$822,565
20Sheet Metal & Air Conditioning Contractors Assn1100 Main St Ste 2323, Kansas City, MO 64105-5186MO1954-02$574,385
Number of organizations performing similar types of work
Alaska1
Alabama14
Arkansas10
Arizona16
California106
Colorado19
Connecticut11
District of Columbia76
Delaware7
Florida53
Georgia30
Hawaii5
Iowa18
Idaho2
Illinois81
Indiana24
Kansas13
Kentucky10
Louisiana15
Massachusetts26
Maryland26
Maine3
Michigan31
Minnesota26
Missouri27
Mississippi11
Montana5
North Carolina39
North Dakota1
Nebraska5
New Hampshire6
New Jersey28
New Mexico5
Nevada8
New York89
Ohio41
Oklahoma12
Oregon18
Pennsylvania48
Rhode Island4
South Carolina11
South Dakota9
Tennessee20
Texas75
Utah4
Virginia107
Vermont5
Washington25
Wisconsin20
West Virginia8
Wyoming3
International5
Total1,262

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