Lomita Chamber Of Commerce Inc
- Assets
- $26.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lomita, CA
- Founding
- Data as of
- 12/2021
- EIN
- 83-4488255
Organization Overview
Lomita Chamber Of Commerce Inc is located in Lomita, CA. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lomita Chamber Of Commerce Inc 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, Lomita Chamber Of Commerce Inc generated $53.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (12.1%) each year. All expenses for the organization totaled $66.1k during the year ending 12/2021. 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
CHAMBER IS 130 MEMBERS STRONG, SUPPORTS FARMER'S MARKET, CONDUCTED MEMBER SPOTLIGHTS, HELD VIRTUAL EVENTS AND RIBBON CUTTINGS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Olvera Secretary | 20 | $0 | |
Paris Chevalier Treasurer | 20 | $0 | |
Heidi Butzine President & CEO | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,697 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $20 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $22,426 |
| Other Revenue | $0 |
| Total Revenue | $53,143 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $51,959 |
| Professional fees and other payments to independent contractors | $555 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $920 |
| Other expenses | $12,681 |
| Total expenses | $66,115 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,779 |
| Other assets | $0 |
| Total assets | $26,779 |
| Total liabilities | $0 |
| Net assets or fund balances | $26,779 |
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