El Dorado Hills Chamber Of Commerce
- Assets
- $488.3k
- Revenue
- $498.9k
- Investments
- $0.0
- Employees
- 8
- Location
- El Dorado Hills, CA
- Founding
- 08/1988
- Data as of
- 12/2021
- EIN
- 94-0119803
Organization Overview
El Dorado Hills Chamber Of Commerce is located in El Dorado Hills, CA. The organization was established in 1988. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, El Dorado Hills Chamber Of Commerce employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. El Dorado Hills Chamber Of Commerce 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, El Dorado Hills Chamber Of Commerce generated $498.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $451.1k during the year ending 12/2021. While expenses have increased by 4.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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 CHAMBER OF COMMERCE ORGANIZES THE EFFORTS OF LOCAL BUSINESSES. IT PROVIDES OPPORTUNITIES FOR MEMBERS TO GET TOGETHER EACH MONTH TO NETWORK, SOCIALIZE AND LEARN ABOUT ISSUES THAT ARE AFFECTING THEIR BUSINESSES AND COMMUNITY. IT ALSO PROMOTES COMMUNITY EVENTS. IN ADDITION, THE CHAMBER RUNS THE CALIFORNIA WELCOME CENTER IN EL DORADO HILLS
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2021, THE CHAMBER OPERATED THE CALIFORNIA WELCOME CENTER IN EL DORADO HILLS, CA. THE CALIFORNIA WELCOME CENTER PROVIDES A CENTRAL LOCATION FOR THE COMMUNITY OF EL DORADO HILLS TO GATHER LOCAL INFORMATION AND PLAN UPCOMING TRIPS THROUGHOUT CALIFORNIA.
THE CHAMBER'S PRIMARY ACTIVITY IS TO PROVIDE BENEFITS AND SERVICES TO ITS MEMBERSHIP TO BUILD THEIR BUSINESSES AND NETWORK WITH FELLOW MEMBERS. CHAMBER MEETINGS AND EVENTS PROVIDE PUBLIC RELATIONS AND MARKETING OPPORTUNITIES TO BUSINESSES TO INCREASE THEIR VISIBILITY IN THE COMMUNITY AND TO ENSURE LOCAL BUSINESS HAS AN ADVOCATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debbie Manning President & CEO | Officer | 40 | $92,170 |
Janet Saitman Director | OfficerTrustee | 2 | $0 |
Dave Maestas Past Chairman | OfficerTrustee | 2 | $0 |
Kevin Barri Chairman | OfficerTrustee | 2 | $0 |
Jenna Hoyt Director | Trustee | 2 | $0 |
Ross Reaksecker Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $54,565 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,565 |
| Total Program Service Revenue | $412,683 |
| Investment income | $375 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $31,320 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $498,943 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $92,170 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $140,800 |
| Pension plan accruals and contributions | $5,351 |
| Other employee benefits | $1,654 |
| Payroll taxes | $18,867 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,035 |
| Advertising and promotion | $11,570 |
| Office expenses | $4,296 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $80,314 |
| Travel | $286 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $263 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,329 |
| Insurance | $4,541 |
| All other expenses | $43,561 |
| Total functional expenses | $451,114 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $420,611 |
| Savings and temporary cash investments | $56,452 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $500 |
| Net Land, buildings, and equipment | $10,742 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $488,305 |
| Accounts payable and accrued expenses | $7,879 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $7,879 |
| Net assets without donor restrictions | $480,426 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $488,305 |
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