Press
Request for Proposal:
Mid-America Gay and Lesbian Chamber of Commerce

Published: Proposal Due:
May 15, 2017 June 1, 2017

The Mid-America Gay and Lesbian Chamber of Commerce (MAGLCC) invites accredited auditing or accounting firms to submit a proposal for the preparation of its first yearly audited financial statements and related filings for fiscal year ending FY16-17. The audit of MAGLCC’s financial statements must be performed in accordance with generally accepted auditing standards.

The MAGLCC is a 501(c)(6) organization. The mission of the MAGLCC is to promote broad-based economic advancement and empowerment of the local LGBTQ community. Our programs include: Barnes Leadership Series, Business Equality Conference, B2B Network, and the C. Stephen Metzler Mentor Program.

The MAGLCC serves approximately 300 plus members each year with funding from our programs, sponsorships, and membership dues. We have no W-2 employees. Our annual revenue has ranged between $150,000 and $175,000 over the past two years.

The organization requires the following services:

1. Annual financial statement audit
2. Management letter

In addition, the MAGLCC requires that a meeting of the auditors and finance committee members be held to discuss a draft version of the financial statements and that the auditors meet with the MAGLCC finance committee.
All proposals must include:

a) Evidence of the firm’s qualifications to provide the above services;
b) Background and experience in auditing nonprofit clients;
c) The size and organizational structure of the auditor’s firm;
d) Statement of the firm’s understanding of work to be performed, including tax and non-audit services;
e) A proposed timeline for fieldwork and final reporting;
f) Names of the partner, audit manager, and field staff who will be assigned to our audit and provide biographies.
g) A copy of your firm’s most recent peer review report, the related letter of comments, and the firm’s response to the letter of comments; and
h) References and contact information from at least 3 clients – one of which is a comparable nonprofit

Address your proposal to: MAGLCC Finance Committee
Electronic submission to: jstodtman@maglcc.org
(you will receive confirmation of receipt)

If you have any questions or would like further clarification of any aspect of this request for bid, please contact Josh Strodtman (816) 474-3558. We look forward to receiving your proposal.

Sincerely,
MAGLCC Finance Committee.

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