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Return of Organization Exempt from Income

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Return of Organization Exempt from Income Form' 99'0 Return of Organization Exempt From Income Tax OMB No 1545-0047 -Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung 2j 004 benefit trust or private foundation) [L Department of the Treasury 0 • ' • " • Internal Revenue Service Jill, The organization may have to use a copy of this return to satisfy state reporting requirements. IW-Nis eilrel l. A For the 2004 calendar ear or tax year beginning 7/1/2004 and ending 6/30/2005 C N D Employer Identification number B Check if applicable. Please Illt���l�nnl�'��nlrlll Il�ll�l111111 �llln�l�l�t��rl�� Add ress change use IRS Gr! 23-0969030 label or 28395 *****"AUTO**5-DIGIT 19102 Name change print or IN E Telephone number GREATER PHILADELPHIA CEiAMBER OF I initial return type COMMERCETERS P 4 R Fj See 20( B 9 S 215 790-3646 specific 200 S BROAD ST STE 700 C F Accounti ng method : ❑Cash EX Accrual FIFinal return Instruc- PHILADELPHIA PA 19102 - 3813 dons. ► fl Amended return Phi l 31 I]Other (specify) El Application pending • Section 501 (c)(3) organizations and 4947( a)(1) nonexempt charitable H and I are not applicable to section 527 organizations. trusts must attach a completed Schedule A (Form 990 or 990-EZ). H(a) Is this a group return for affiliates? El Yes FX No H(b) If "Yes," enter number of affiliates ► _ H(c) Are all affiliates included? 0 Yes No J Organization type (check only one) ► U501(c) (6 ) -4 (insert no) U4947(aX1) or U527 (If "No," attach a list See instructions ) K Check here ►[:]d the organization's gross receipts are normally not more than $25,000. The H(d) Is this a separate return filed by an organization organization need not file a return with the IRS, but if the organization received a Form 990 Package in the covered by a group ruling? Yes ❑X No mail, it should file a return without financial data Some states require a complete return. 10. M Check ►aif the organization is not required 1 rrncc reneintc- Arm lines Rh Rh Rh =n,1 11Th In line 17 iti 11 AQ1 X47 to attach Sch. B (Form 990. 990-EZ. or 990-PFI Revenue, Expenses, and Changes in Net Assets or Fund Balances (See page 18 of the instructions. 1 Contributions, gifts, grants, and similar amounts received: a Direct public support . 1a 0 b Indirect public support . lb c Government contributions (grants) . is d Total (add lines la through 1c) (cash $ noncash $ ) 1d 0 2 Program service revenue including government fees and contracts (from Part VII, line 93) 2 6,010,898 3 Membership dues and assessments . 3 5,564,712 4 Interest on savings and temporary cash investments . 4 78,786 5 Dividends and interest from securities . 5 0 6 a Gross rents . 6a b Less: rental expenses . 6b c Net rental income or (loss) (subtract line 6b from line 6a) . 6c 0 7 Other investment income (describe ► 7 0 )1 8 a Gross amount from sales of assets other (A) Secu rities (B) Other than inventory . 0 8a 0 b Less: cost or other basis and sales expenses 0 8b 0 c Gain or (loss) (attach schedule) . 0 8c 0 ' d Net gain or (loss) (combine line 8c, columns (A) and (B)) . 8d 1,212 9 Special events and activities (attach schedule). If any amount is from gaming , check here ► LJ a Gross revenue (not including $ 0 of contributions reported on line 1a) . 9a 0 ' b Less: direct expenses other than fundraising expenses . 9b 0 c Net income or (loss) from special events (subtract line 9b from line 9a) . 9c 0 10 a Gross sales of inventory, less returns and allowances . 10a b L ss�es a 10b c G oss priaq"F I ) les of i ventory (attach schedule) (subtract line 1Ob from line 1 Oa) . 10c 0 11 O he nue om Part VI , 103) . 11 35,789 12 T revenue (add lines 1d 4,5, 6c 7 8d 9c 10c and 11) 12 11,691,397 13 P njA i sl(fr a olumn (B)) . 13 0 14 M na erne Land-ge Ine 44, column (C)) 14 0 15 F drai ' e" colum (D)) . 15 0 W 16 P men ° edule) . 16 0 17 Total expenses (add lines 16 and 44, column (A)) . 17 11,834,847 18 Excess or (deficit) for the year (subtract line 17 from line 12) . 18 -143,450 19 Net assets or fund balances at beginning of year (from line 73, column (A)) . 19 4,533,438 20 Other changes in net assets or fund balances (attach explanation) . 20 131,552 z 21 Net assets or fund balances at end of year (combine lines 18, 19, and 20) 21 4,521,540 For Privacy Act and Paperwork Reduction Act Notice , see the separate instructions. Form 990 (2004) (HTA) 1 f II Fo 990 2004 Greater Philadelphia Chamber of Commerce 23-0969030 Page 2 Statement of All organizations must complete column (A) Columns (B), (C), and (D) are required for section 501(c)(3) and (4) organizations Functional Expenses and section 4947(a)(1) nonexempt chantable trusts but optional for others (See page 22 of the instructions ) Do not include amounts reported on line (B) Program (C) Management Total (D) Fundraising (A) services and general 6b, 8b, 9b, 10b or 16 of Part 1. 22 Grants and allocations (attach schedule) . (cash $ 0 noncash $ 0 ) 22 0 0 23 Specific assistance to individuals (attach schedule) . 23 0 24 Benefits paid to or for members (attach schedule) . 24 0 25 Compensation of officers, directors, etc. 25 11,11 066,754 26 Other salaries and wages . 26 4,206,689 27 Pension plan contributions . 27 194,879 28 Other employee benefits . 28 483,850 29 Payroll taxes . 29 383,107 30 Professional fundraising fees . 30 0 31 Accounting fees . 31 34 000 32 Legal fees . 32 43,939 33 Supplies . 33 149,151 34 Telephone . 34 129 020 35 Postage and shipping . 35 115,917 36 Occupancy . 36 672,086 37 Equipment rental and maintenance . 37 214,569 38 Printing and publications . 38 212,517 39 Travel . 39 207,845 40 Conferences, conventions, and meetings . 40 1,052,014 41 Interest . 41 697 42 Depreciation, depletion, etc. (attach schedule) . 42 328,281 43 Other expenses not covered above (itemize) a Consultants _ _ _ _ 43a ------------ 342,254 b Advertising_4_Pr9m9ti9n ................. 43b 325,347 c Dues 8 Subscriptions _ _ _ _ _ 43c --------------- --- 30,959 d Insurance 43d 109,114 e Contribution to Related Enti 43e 400 000 f Other 43f -------------------- - -------- - ------- - - - --- -------- 1,091,858 44 -Total functional expenses (add lines 22 through 43). Organizations completing columns (B)-(D), carry these totals to lines 13-15 44 11 834,847 0 0 0 Joint Costs . Check ► F-1 if you are following SOP 98-2. Are any joint costs from a combined educational campaign and fundraising solicitation repo rted in (B) Program services? . ►❑Yes [g]No If "Yes," enter (i) the aggregate amount of these joint costs $ 0 (ii) the amount allocated to Program services $ iii the amount allocated to Management and general $ and (iv) the amount allocated to Fundraising $ Statement of Program Service Accomplishments (See page 25 of the instructions.) -Program Service What is the organization 's prima ry exempt purpose? ► See Statement--------------------------------------------I All organizations must descri be their exempt purpose achievements in a clear and concise manner State the number Required for 501(c)(3) and (4) orgs , and 4947(a)(1) of clients publications Discuss achievements that are not measurable . (Section 501 (c)(3) and (4) served , issued , etc trusts, but optional for organizations and 4947(a)(1) nonexempt chantable trusts must also enter the amount of grants and allocations to others .) others a ----------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------- Grants and allocations $ b ----------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------- Grants and allocations $ C ----------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------- Grants and allocations $ d ----------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------- ----------------------------------- Grants and allocations $ e Other program services attach schedule Grants and allocations $ f Total of Program Se rvice Expenses ( should equal line 44, column (B), Program se rvices ) . ► 0 Form 990 (2004) Form 990 (2004) Greater Philadelphia Chamber of Commera23-0969030 Page 3 Balance Sheets (See page 25 of the instructions.) Note : Where required, attached schedules and amounts within the description (A) (B) column should be for end-of-year amounts only. Beginning of year End of year 45 Cash-non-interest-bearing . 788,859 45 1,017,479 46 Savings and temporary cash investments . 2,869,519 46 3,111,487 47 a Accounts receivable . 47a _ 867,922 b Less: allowance for doubtful accounts . 47b 0 806,848 47c 867,922 48 a Pledges receivable . 48a 0 b Less: allowance for doubtful accounts . 48b 0 0 48c 0 49 Grants receivable . 49 50 Receivables from officers, directors, trustees, and key employees (attach schedule) . 0 50 0 51
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