Chamber of Commerce of Greater Kansas City
Nonprofit profile at a glance
- EIN
- 440196840
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Kansas City, MO, USA
- Phone
- 8163742424
- Rating
- 46
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $5,624,524
- Expenses
- $5,688,733
- Assets
- $2,752,691
- Liabilities
- $1,307,671
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
74 people listed
Executive titles in this filing
- JOE REARDON (PRESIDENT AN)
Highest reported compensation
- JOE REARDON (PRESIDENT AN): $596,392 total reported compensation
- DAVID PRUENTE (SR VP STRATE): $231,306 total reported compensation
- MELANIE MATTES (SR VP MARKET): $181,362 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Leading the way to the best kc region by convening innovative leaders, collaborating with like-minded organizations, advocating for positive change, and helping small businesses grow.
What it reported doing in 2024
We focus on growing the region's economy, advocating businesses' interests in the public policy arena, increasing our members' visibility and connectivity, and providing innovative programs and resources that help members grow their businesses. Our programs help our membership develop the skill sets needed to succeed in an ever-changing economic environment by providing seminars, classes, networking events, mentoring opportunities, and information to advance their businesses to the next stage. We believe strong businesses build a strong regional economy.
Operating model
- Revenue model
- Earned-program. 96% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
MIXED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 82
- Accountability: 99
- Sustainability: 22
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Missing
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 98.5%; rating input score 99; 27th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -1.1%; rating input score 29; 29th percentile among comparable filings
- Total-asset coverage ratio: 0.48; rating input score 17; 17th percentile among comparable filings
- Liabilities to assets ratio: 0.48; rating input score 22; 22nd percentile among comparable filings
- Officer compensation ratio: 27.3%; rating input score 7; 7th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -0.3% per year; rating input score 0; 10th percentile among comparable filings
- Asset growth: 1.6% per year; rating input score 100; 18th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: 67 of 68 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $3.3M in reported program spending
- Leadership: top reported pay $596K · 74 people listed · 4 of 6 pay-setting controls reported
- Consistency: 14 of 15 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes executive pay
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 29/100.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- High — Sustainability: Total-asset coverage ratio scored 17/100.
- High — Sustainability: Officer compensation ratio scored 7/100.
- High — Sustainability: Liabilities to assets ratio scored 22/100.