Pacifica Chamber Of Commerce
- Assets
- $96.6k
- Revenue
- $175.1k
- Investments
- $0.0
- Employees
- 4
- Location
- Pacifica, CA
- Founding
- 02/1958
- Data as of
- 12/2022
- EIN
- 94-1608148
Organization Overview
Pacifica Chamber Of Commerce is located in Pacifica, CA. The organization was established in 1958. 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 12/2022, Pacifica Chamber Of Commerce employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pacifica 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 12/2022, Pacifica Chamber Of Commerce generated $175.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.5%) each year. All expenses for the organization totaled $161.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (9.5%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE PACIFICA CHAMBER OF COMMERCE IS A PARTNERSHIP OF BUSINESS PROFESSIONALS WHO ARE COMMITTED TO PROMOTING AND SUPPORTING LOCAL BUSINESSES IN ORDER TO CREATE A HEALTHY AND VITAL ECONOMY FOR OUR COMMUNITY. OUR GOAL IS TO STIMULATE AND STRENGTHEN A SUSTAINABLE SOCIO-ECONOMIC CLIMATE, WHICH INCREASES THE SUCCESS AND VISIBILITY OF OUR CHAMBER MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUSINESS DIRECTORY & MAP PRODUCE AND DISTRIBUTE A BUSINESS LISTING DIRECTORY AND MAP TO RESIDENTS OF PACIFICA. THIS PROVIDES PROMOTIONAL OPPORTUNITIES FOR MEMBER BUSINESSES TO HIGHLIGHT THEIR BUSINESSES IN THE ANNUAL BUSINESS AND COMMUNITY DIRECTORY AND/OR MAP.
BUSINESS IMPROVEMENT DISTRICT - THE PACIFICA CHAMBER OF COMMERCE ACTS AS THE MANAGING AGENCY FOR THE PACIFICA HOTEL BUSINESS IMPROVEMENT DISTRICT.
MEMBERSHIP EVENTS & BENEFITS PROVIDE EDUCATIONAL AND NETWORKING OPPORTUNITIES FOR MEMBERS BY HOLDING SEMINAR BREAKFASTS (EGGS AND ISSUES), LUNCHES (LUNCH 'N LEARN) AND EVENING NETWORKING EVENTS (LIVE AT FIVE). AN ANNUAL AWARDS CEREMONY IS HELD TO RECOGNIZE OUTSTANDING BUSINESSES, INDIVIDUALS AND COMMUNITY GROUPS. THE CHAMBER OF COMMERCE ALSO HOSTS OCCASIONAL "OPEN HOUSES" TO EDUCATE THE MEMBERSHIP ON VARIOUS TOPICS AND AN ANNUAL GATHERING TO CELEBRATE THE HOLIDAY SEASON. OTHER MEMBERSHIP BENEFITS INCLUDE A FREE LISTING IN THE BUSINESS AND COMMUNITY DIRECTORY, A FREE LISTING ON THE CHAMBER'S IPACIFICA APP, A DEDICATED SPACE ON THE CHAMBER'S WEBSITE FOR OUTREACH AND PROMOTION, AND RIBBON CUTTINGS TO CELEBRATE NEW BUSINESSES AND BUSINESS MILESTONES.
COMMUNITY EVENTS & VISITOR CENTER THE PACIFICA CHAMBER OF COMMERCE HOSTS SEVERAL WELL-ATTENDED COMMUNITY EVENTS, INCLUDING THE TASTE OF PACIFICA AND THE HOLIDAY TREE LIGHTING CEREMONY. A VISITOR CENTER IS STAFFED AT THE CHAMBER OFFICE WHICH IS CENTRALLY LOCATED IN PACIFICA. VISITORS AND RESIDENTS CAN OBTAIN VARIOUS MAPS AND INFORMATION ON BUSINESSES, COMMUNITY EVENTS AND LOCAL ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn Gallo President | OfficerTrustee | 5 | $0 |
Lisa Eccleston Director | OfficerTrustee | 2 | $0 |
Kathleen Tullis Director | Trustee | 2 | $0 |
Roberta Gamble Director | Trustee | 2 | $0 |
Archie Judan Director | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $41,828 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $57,030 |
| 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 | $98,858 |
| Total Program Service Revenue | $54,088 |
| Investment income | $4 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $21,350 |
| 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 | $175,050 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $20,500 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,423 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,131 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,151 |
| Advertising and promotion | $34,678 |
| Office expenses | $34,708 |
| Information technology | $2,349 |
| Royalties | $0 |
| Occupancy | $36,752 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,982 |
| All other expenses | $10 |
| Total functional expenses | $161,229 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $81,267 |
| Savings and temporary cash investments | $0 |
| 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 | $8,635 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,687 |
| Total assets | $96,589 |
| Accounts payable and accrued expenses | $0 |
| 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 | $7,868 |
| Total liabilities | $7,868 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $88,721 |
| Total liabilities and net assets/fund balances | $96,589 |