Sandy Chamber Economic Development Foundation is located in Sandy, UT. The organization was established in 2015. According to its NTEE Classification (S30) the organization is classified as: Economic Development, 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. Sandy Chamber Economic Development Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Sandy Chamber Economic Development Foundation generated $62.2k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $144.0k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION RAISED FUNDS TO PROMOTE ECONOMIC DEVELOPMENT IN THE COMMUNITY BY HELPING THE SOUTH VALLEY CHAMBER'S BUSINESS INSTITUTE TO EDUCATE, TRAIN, AND PROVIDE TOOLS TO HELP SMALL BUSINESSES BUILD AND SUSTAIN THEIR BUSINESS AND TO SPONSOR BUSINESS EVENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rob Brough Chairman | 1 | $0 | |
Nathan Anderson Secretary | 1 | $0 | |
Jay Francis President | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $62,150 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $1 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $62,151 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $155 |
Total expenses | $144,005 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $20,372 |
Other assets | $0 |
Total assets | $20,372 |
Total liabilities | $0 |
Net assets or fund balances | $20,372 |