Salinas Area Chamber Of Commerce Foundation
- Assets
- $58.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salinas, CA
- Founding
- 08/1985
- Data as of
- 12/2021
- EIN
- 77-0071744
Organization Overview
Salinas Area Chamber Of Commerce Foundation is located in Salinas, CA. The organization was established in 1985. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salinas Area Chamber Of Commerce 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 12/2021, Salinas Area Chamber Of Commerce Foundation generated $53.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.6%) each year. All expenses for the organization totaled $35.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (13.2%) per year over the past 7 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 ENTITY IS A TRUST ESTABLISHED TO PROVIDE EDUCATIONAL PROGRAMS FOR THE COMMUNITY AT LARGE AND THE BUSINESS COMMUNITY IN PARTICULAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christie Cromeenes Fdn Chair | 2 | $0 | |
Rodney Meeks Chair Elect | 2 | $0 | |
Jennifer Fahselt Director | 2 | $0 | |
Kristy Santiago Chamber Chair | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,523 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $9 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $53,532 |
| 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 | $1,355 |
| Total expenses | $35,045 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,641 |
| Other assets | $0 |
| Total assets | $58,641 |
| Total liabilities | $0 |
| Net assets or fund balances | $58,641 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Salinas Area Chamber Of Commerce Foundation has recieved totaling $5,279.
| Awarding Organization | Amount |
|---|---|
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $5,279 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Joint Venture Silicon Valley Network San Jose, CA | $2,214,443 | $2,610,790 |
Erudite Technology Group Palo Alto, CA | $765,179 | $2,142,854 |
Education Alliance Of Washoe County Inc Reno, NV | $264,341 | $1,237,321 |
Redlands Educational Partnership Redlands, CA | $453,963 | $1,292,984 |
Industry Initiatives For Science And Math Education Santa Clara, CA | $1,220,859 | $942,282 |
In4all Beaverton, OR | $498,030 | $703,451 |
San Diego Hua Xia Chinese School Incorporation San Diego, CA | $1,912,056 | $607,317 |
The Can Do Kid Fund Mill Valley, CA | $361,007 | $2,178 |
The Washington Education Foundation Inc Peoria, AZ | $86,545 | $0 |
Salinas Area Chamber Of Commerce Foundation Salinas, CA | $58,641 | $0 |
Centro Latino For Literacy Granada Hills, CA | $22,784 | $0 |