Coloma Lotus Business Council is located in Coloma, CA. The organization was established in 2018. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, 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. Coloma Lotus Business Council 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 12/2021, Coloma Lotus Business Council generated $16.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $32.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Howard Penn President | 2.5 | $0 | |
Christina Cavanaugh Treasurer | 1 | $0 | |
Kathy Fargo Director | 1 | $0 | |
Trish Tratos Director | 1 | $0 | |
Daniella Faieta Secretary | 1 | $0 | |
Kathleen Ash Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $9,037 |
Total Program Service Revenue | $7,460 |
Membership dues | $0 |
Investment income | $3 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $16,668 |
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 | $17,321 |
Occupancy, rent, utilities, and maintenance | $3,292 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $11,796 |
Total expenses | $32,409 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $30,315 |
Other assets | $0 |
Total assets | $30,315 |
Total liabilities | $0 |
Net assets or fund balances | $30,315 |
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