Rocklin Chamber Of Commerce is located in Rocklin, CA. The organization was established in 1990. 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 12/2023, Rocklin Chamber Of Commerce employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rocklin 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 12/2023, Rocklin Chamber Of Commerce generated $442.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $401.9k during the year ending 12/2023. While expenses have increased by 1.4% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE ROCKLIN AREA CHAMBER OF COMMERCE IS TO CONTRIBUTE TO THE VITALITY OF A DIVERSE BUSINESS COMMUNITY AND TO PROMOTE THE WELFARE OF OUR MEMBERSHIP
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM SERVICES INCLUDED MONTHLY NEWSLETTER, MEETINGS, PROMOTION OF BUSINESS COMMUNITY AND ATTRACT NEW BUSINESSES TO THE ROCKLIN AREA
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ashley Streight Director | Trustee | 5 | $0 |
Jay Lang Director | Trustee | 5 | $0 |
Twiana Armstrong Director | Trustee | 5 | $0 |
Chris Wilson Director | Trustee | 5 | $0 |
Michael Neal Director | Trustee | 5 | $0 |
Travis Thornsberry Director | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $238,761 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $50,000 |
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 | $288,761 |
Total Program Service Revenue | $11,173 |
Investment income | $35,012 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $107,772 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $442,718 |
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. | $121,999 |
Compensation of current officers, directors, key employees. | $121,999 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $111,776 |
Pension plan accruals and contributions | $5,984 |
Other employee benefits | $0 |
Payroll taxes | $18,759 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $11,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $9,280 |
Office expenses | $20,359 |
Information technology | $24,259 |
Royalties | $0 |
Occupancy | $13,025 |
Travel | $6,555 |
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 | $5,162 |
Insurance | $5,364 |
All other expenses | $25,645 |
Total functional expenses | $401,949 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $14,840 |
Savings and temporary cash investments | $57,829 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,706 |
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 |
Net Land, buildings, and equipment | $15,436 |
Investments—publicly traded securities | $182,210 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2 |
Total assets | $272,023 |
Accounts payable and accrued expenses | $1,351 |
Grants payable | $0 |
Deferred revenue | $2,944 |
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 | $9,482 |
Total liabilities | $13,777 |
Net assets without donor restrictions | $251,806 |
Net assets with donor restrictions | $6,440 |
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 | $272,023 |