Salinas Area Chamber Of Commerce Foundation
- Assets
- $47.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salinas, CA
- Founding
- 08/1985
- Data as of
- 12/2023
- 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 12/2023, Salinas Area Chamber Of Commerce Foundation generated $70.2k 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 (3.9%) each year. All expenses for the organization totaled $93.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.1%) 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
2023
Describe the Organization's Program Activity:
Part 3
THE CHAMBER OFFERS ITS MEMBERS A VARIETY OF SERVICES IN SOLVING COMMON BUSINESS PROBLEMS AND PROMOTING THE COMMUNITY. THE CHAMBER SERVES NEARLY 700 MEMBERS WITH AN OUTREACH OF OVER 2,200 PERSONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Salmina Director | 2 | $0 | |
Greg Hamer Director | 2 | $0 | |
Dave Poulin At Large | 2 | $0 | |
Starla Warren Director | 2 | $0 | |
Armondo Soria Director | 2 | $0 | |
Sue Storm Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,243 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $70,248 |
| 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 | $10,161 |
| Occupancy, rent, utilities, and maintenance | $9,393 |
| Printing, publications, postage, and shipping | $187 |
| Other expenses | $17,332 |
| Total expenses | $93,252 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,292 |
| Other assets | $0 |
| Total assets | $47,292 |
| Total liabilities | $3,196 |
| Net assets or fund balances | $44,096 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Joint Venture Silicon Valley Network San Jose, CA | $2,155,070 | $2,542,322 |
Erudite Technology Group Palo Alto, CA | $1,091,088 | $2,163,999 |
Redlands Educational Partnership Redlands, CA | $387,956 | $1,465,698 |
Industry Initiatives For Science And Math Education Santa Clara, CA | $1,460,267 | $1,556,593 |
Education Alliance Of Washoe County Inc Reno, NV | $251,117 | $749,834 |
San Diego Hua Xia Chinese School Incorporation San Diego, CA | $2,059,332 | $681,491 |
In4all Beaverton, OR | $429,234 | $610,326 |
Centro Latino For Literacy Granada Hills, CA | $186,926 | $461,828 |
Salinas Area Chamber Of Commerce Foundation Salinas, CA | $47,292 | $0 |
The Can Do Kid Fund Mill Valley, CA | $286,050 | -$3,450 |
The Washington Education Foundation Inc Peoria, AZ | $77,036 | $0 |