Hemet San Jacinto Valley Chamber Of Commerce
- Assets
- $224.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Hemet, CA
- Founding
- 11/2000
- Data as of
- 06/2021
- EIN
- 33-0863679
Organization Overview
Hemet San Jacinto Valley Chamber Of Commerce is located in Hemet, CA. The organization was established in 2000. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Hemet San Jacinto Valley Chamber Of Commerce employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hemet San Jacinto Valley Chamber Of Commerce is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2021, Hemet San Jacinto Valley Chamber Of Commerce generated $130.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.8%) each year. All expenses for the organization totaled $176.0k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE CHAMBER SERVES AS A VOICE OF THE SAN JACINTO VALLEY BUSINESS COMMUNITY. WE ATTRACT, DEVELOP, PROMOTE AND SEEK TO HARBOR PROSPERITY FOR LOCAL BUSINESSES THROUGH PROVIDING AVENUES TO NETWORK, TRAINING, COMMUNITY EVENTS, SOCIAL MEDIA MARKETING, LEGISLATIVE ADVOCACY, MEMBER BUSINESS DIRECTORY AND TOURISM SERVICES. ADDITIONAL NETWORKS OF THE CHAMBER INCLUDE THE VALLEY NON-PROFIT, WOMEN IN BUSINESS AND HISPANIC BUSINESS ORGANIZATIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cyndi Lemke Executive Dir. | 30 | $55,320 | |
Richard Perry Chairman | 3 | $0 | |
Vince Record Vice Chair | 3 | $0 | |
Lakshman Koka Past Chairman | 3 | $0 | |
Patricia Scott Treasurer | 3 | $0 | |
Tammy Cunningham Secretary | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $82,446 |
| Total Program Service Revenue | $34,227 |
| Membership dues | $0 |
| Investment income | $13,525 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$8 |
| Other Revenue | $0 |
| Total Revenue | $130,190 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $83,648 |
| Professional fees and other payments to independent contractors | $2,423 |
| Occupancy, rent, utilities, and maintenance | $7,451 |
| Printing, publications, postage, and shipping | $6,398 |
| Other expenses | $76,086 |
| Total expenses | $176,006 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $105,018 |
| Other assets | $0 |
| Total assets | $224,716 |
| Total liabilities | $144,181 |
| Net assets or fund balances | $80,535 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hemet San Jacinto Valley Chamber Of Commerce has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Inland Empire Community Foundation Riverside, CA PURPOSE: Flexible operating funds to help nonprofits survive the impacts of COVID-19 | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Thunderbirds Phoenix, AZ | $33,696,955 | $84,390,943 |
California Travel And Tourism Commission Sacramento, CA | $86,955,324 | $75,852,594 |
Semi Milpitas, CA | $100,332,447 | $57,588,828 |
San Diego County Capital Asset Leasing Corporation San Diego, CA | $104,250,616 | $41,735,289 |
Western States Petroleum Association Sacramento, CA | $8,481,739 | $30,827,581 |
Iapmo Research And Testing Inc Ontario, CA | $11,214,766 | $46,736,492 |
Specialty Equipment Market Association Diamond Bar, CA | $151,136,909 | $20,614,542 |
California Dental Association Sacramento, CA | $252,495,901 | $15,890,513 |
Chinatown Service Center Los Angeles, CA | $26,778,687 | $27,867,616 |
Sag-Aftra & Industry Sound Recordings Distribution Fund Valley Village, CA | $48,142,351 | $13,604,136 |
Electric & Gas Industries Association Sacramento, CA | $14,735,713 | $15,175,016 |
American Pistachio Growers Fresno, CA | $11,494,323 | $15,365,842 |