Henderson Chamber Of Commerce Foundation Inc
- Assets
- $568.6k
- Revenue
- $236.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Henderson, NV
- Founding
- 01/1997
- Data as of
- 06/2021
- EIN
- 88-0358312
Organization Overview
Henderson Chamber Of Commerce Foundation Inc is located in Henderson, NV. The organization was established in 1997. According to its NTEE Classification (A99) the organization is classified as: Arts, Culture & Humanities N.E.C., under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Henderson Chamber Of Commerce Foundation Inc 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 06/2021, Henderson Chamber Of Commerce Foundation Inc generated $236.6k 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 (3.5%) each year. All expenses for the organization totaled $191.6k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE HENDERSON CHAMBER OF COMMERCE FOUNDATION PROMOTES AND SUPPORTS PHILANTHROPY, LEADERSHIP DEVELOPMENT AND EDUCATIONAL PROGRAMMING THROUGH VOLUNTEERISM AND CHARITABLE GIVING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUSINESS RESOURCE CENTER PROVIDES BUSINESS DEVELOPMENT ADVICE TO NEW AND GROWING BUSINESSES IN SOUTHERN NEVADA AND FLEXIBLE OFFICE SPACE FOR UP TO 10 TENANTS. PROVIDES AN AFFORDABLE COLLABORATIVE OFFICE VENUE (CO-OP WORKSPACE) FOR START-UPS, CONSULTANTS, REMOTE WORKERS, AND OTHERS THAT DON'T HAVE NEED OF, OR CAN'T AFFORD THE EXPENSE OF, PRIVATE OFFICE SPACES.
LEADERSHIP HENDERSON IS A PROGRAM DEVOTED TO EDUCATING AND EMPOWERING CIVIC-MINDED PROFESSIONALS WITH THE GOAL OF BUILDING AND MAINTAINING A STRONG NETWORK OF EFFECTIVE COMMUNITY LEADERS. OUR CURRENT CLASS MEMBERS AND ALUMNI HAVE BEEN GIVING BACK TO OUR COMMUNITY THROUGH VOLUNTEERISM, FUNDRAISING, EDUCATION AND ADVOCACY SINCE 2001.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Muelrath Pres/ceo/sec | OfficerTrustee | 10 | $0 |
Deandre Esteen Vice Chair | OfficerTrustee | 1 | $0 |
Micah Phillips Chair | OfficerTrustee | 1 | $0 |
Marcie Smedley Treasurer | OfficerTrustee | 1 | $0 |
Kelly Ann Green Ed Of Founda | Officer | 40 | $0 |
Amanda Alvarez Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $77,838 |
| Investment income | $117 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $236,625 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $100,420 |
| Fees for services: Legal | $50 |
| Fees for services: Accounting | $14,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,389 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $33,825 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,202 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,195 |
| Insurance | $4,169 |
| All other expenses | $0 |
| Total functional expenses | $191,600 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,374 |
| Savings and temporary cash investments | $227,238 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $45,500 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $568,555 |
| Accounts payable and accrued expenses | $7,768 |
| Grants payable | $0 |
| Deferred revenue | $52,847 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $11,043 |
| Total liabilities | $71,658 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $496,897 |
Grants Awarded
Over the last fiscal year, Henderson Chamber Of Commerce Foundation Inc has awarded $21,164 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Henderson, NV PURPOSE: DONATION | $15,312 |
Las Vegas, NV PURPOSE: DONATION | $5,852 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Henderson Chamber Of Commerce Foundation Inc has recieved totaling $15,005.
| Awarding Organization | Amount |
|---|---|
Nv Energy Charitable Foundation Reno, NV PURPOSE: HENDERSON INCUBATOR REMODEL PARTNERSHIP | $15,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Common Sense Media San Francisco, CA | $40,167,265 | $41,899,008 |
Plusoneplusoneplusone San Francisco, CA | $5,684,709 | $11,808,551 |
Childrens Cancer Association Portland, OR | $5,324,937 | $6,576,998 |
Artspace Inc Salt Lake City, UT | $34,050,741 | $4,832,458 |
Nevada Urban Indians Inc Reno, NV | $1,731,908 | $3,144,359 |
Wallowa Resources Enterprise, OR | $1,481,576 | $2,430,712 |
The Kuhn Foundation Santa Monica, CA | $12,029,147 | $2,231,432 |
Business Arts Plaza Inc Burbank, CA | $87,991,215 | $6,547,572 |
Nevada Rural Counties Rsvp Program Inc Carson City, NV | $434,499 | $1,716,339 |
Rancho Los Cerritos Foundation Long Beach, CA | $2,512,679 | $1,540,496 |
W O L F Moorpark, CA | $765,817 | $1,467,427 |
Create Academy Inc Tempe, AZ | $184,127 | $1,377,364 |