Rancho Cordova Chamber Of Commerce
- Assets
- $411.7k
- Revenue
- $489.3k
- Investments
- $0.0
- Employees
- 8
- Location
- Rancho Cordova, CA
- Founding
- 02/2003
- Data as of
- 12/2022
- EIN
- 94-2221905
Organization Overview
Rancho Cordova Chamber Of Commerce is located in Rancho Cordova, CA. The organization was established in 2003. 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, Rancho Cordova Chamber Of Commerce employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rancho Cordova 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, Rancho Cordova Chamber Of Commerce generated $489.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $435.5k during the year ending 12/2022. While expenses have increased by 6.6% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
AS THE MEMBERSHIP ORGANIZATION OF BUSINESS, WE PROMOTE OUR COMMUNITY'S ECONOMIC VITALITY AND QUALITY OF LIFE THROUGH LEADERSHIP DEVELOPMENT, ADVOCACY, FACILITATION AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR GOVERNMENT RELATIONS COMMITTEE: SOLICITS INFORMATION FROM CHAMBER MEMBERS ON LEGISLATIVE OR REGULATORY MATTERS THAT AFFECT THEIR ABILITY TO REMAIN COMPETITIVE IN THE LOCAL COMMUNITY, AND ACROSS THE COUNTRY. ENGAGES WITH OUR LOCAL ELECTED LEADERS, AND ENCOURAGE AN OPEN DIALOGUE IN ORDER TO REPRESENT THE INTERESTS OF THE RANCHO CORDOVA CHAMBER OF COMMERCE AND ITS MEMBERS. ADVOCATES PRO-BUSINESS POSITIONS ON LOCAL GOVERNMENT ISSUES IMPORTANT TO CHAMBER MEMBERSHIP AND THE BUSINESS COMMUNITY AT LARGE TO LOCAL GOVERNMENT BODIES. ENGAGES AND REPORT ON THE CHAMBER'S POSITION ON STATEWIDE AND FEDERAL ISSUES AFFECTING THE BUSINESS COMMUNITY TO OUR ELECTED LEADERS. PROVIDES EDUCATIONAL INFORMATION AND RECOMMEND POSITIONS ON BALLOT INITIATIVES TO CHAMBER MEMBERS. SEEKS OPPORTUNITIES TO COLLABORATE WITH OTHER CHAMBERS OF COMMERCE ON SIMILAR ADVOCACY OBJECTIVES, IN ORDER TO LEVERAGE THE COLLECTIVE INFLUENCE OF OUR MEMBERSHIPS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diann Rogers Secty/pres&ceo | OfficerTrustee | 40 | $100,332 |
Joey Penneman Chair | OfficerTrustee | 1 | $0 |
Micheal Lafortune Vice Chair | OfficerTrustee | 1 | $0 |
Kristen Holihan Treasurer | OfficerTrustee | 1 | $0 |
Anjeleeca Wood Director | Trustee | 1 | $0 |
Anil Reddy Kondakrindi Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $85,000 |
| 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 | $85,000 |
| Total Program Service Revenue | $382,296 |
| Investment income | $170 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $6,933 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $489,340 |
| 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. | $97,092 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $133,570 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | -$1,257 |
| Payroll taxes | $20,879 |
| 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 | $28,165 |
| Advertising and promotion | $19,029 |
| Office expenses | $12,508 |
| Information technology | $23,146 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,389 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,616 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $84 |
| All other expenses | $43,640 |
| Total functional expenses | $435,537 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $326,941 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $64,248 |
| 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 | $20,043 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $500 |
| Total assets | $411,732 |
| Accounts payable and accrued expenses | $4,098 |
| 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 | $4,098 |
| Net assets without donor restrictions | $407,634 |
| 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 | $411,732 |