Professional Business Alliance
- Assets
- $16.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palm Desert, CA
- Founding
- 09/2001
- Data as of
- 03/2024
- EIN
- 41-2044633
Organization Overview
Professional Business Alliance is located in Palm Desert, CA. The organization was established in 2001. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Professional Business Alliance 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 03/2024, Professional Business Alliance generated $24.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $18.3k during the year ending 03/2024. As we would expect to see with falling revenues, expenses have declined by (9.1%) per year over the past 9 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
2024
Describe the Organization's Program Activity:
Part 3
THE PURPOSE OF THE ORGANIZATION IS TO PROMOTE THE MEMBERS BUSINESSES AND EDUCATE THE MEMBERS ON A VARIETY OF TOPICS RELATING TO THE BUSINESS WORLD. THE ORGANIZATION ALSO PROMOTES AND SUPPORTS SEVERAL FUNDRAISERS FOR NONPROFIT CHARITABLE ENTITIES LOCATED WITHIN THE COACHELLA VALLEY AND HELPS RAISE MONEY FOR THE VARIOUS CAUSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Huber Secretary | 0 | $0 | |
Leonard Macias Director | 0 | $0 | |
Cathy Helmstadter Treasurer | 1 | $0 | |
Signe Beck Vice President | 1 | $0 | |
John Roman Secretary | 0 | $0 | |
Lesli Reiter President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $24,645 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $24,647 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,172 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $258 |
| Other expenses | $15,858 |
| Total expenses | $18,288 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,588 |
| Other assets | $0 |
| Total assets | $16,923 |
| Total liabilities | $0 |
| Net assets or fund balances | $16,923 |