Industry Council For Small Business Development
- Assets
- $60.0k
- Revenue
- $17.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Clara, CA
- Founding
- 12/1991
- Data as of
- 07/2015
- EIN
- 94-3132946
Organization Overview
Industry Council For Small Business Development is located in Santa Clara, CA. The organization was established in 1991. According to its NTEE Classification (S05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Industry Council For Small Business Development is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2015
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE SMALL BUSINESS DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COUNCIL HOSTS A MONTHLY NETWORKING AND BUSINESS MEETING AT WHICH LARGE AND SMALL BUSINESS MEMBERS HAVE THE OPPORTUNITY TO MEET AND DISCUSS THEIR COMPANIES' NEEDS AND REQUIREMENTS. THE MONTHLY MEETING IS ALSO A FORUM FOR DISSEMINATING PERTINENT INFORMATION TO THE MEMBERS, SUCH AS CHANGES IN LEGISLATION, OR UPCOMING CONFERENCES, WORKSHOPS AND EVENTS.
THE ORGANIZATION HAS DEVELOPED A WEBSITE TO PROMOTES ITS ACHIEVEMENTS TO THE PUBLIC AS WELL AS TO PROVIDE A MEANS OF COMMUNICATION AMONG ITS MEMBERS AND THE BOARD OF DIRECTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Huff President | Officer | 4 | $0 |
Christina Cheung Treasurer | Officer | 3 | $0 |
Christina Chueng Director | Officer | 11 | $0 |
Carol Anderson Secretary | Officer | 0 | $0 |
Charlene Hamel Advisor | Trustee | 0 | $0 |
Marc Albin VP Membership | Trustee | 7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,102 |
| Investment income | $72 |
| 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 | $17,009 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,329 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $3,205 |
| All other expenses | $0 |
| Total functional expenses | $27,775 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,085 |
| Savings and temporary cash investments | $58,895 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $59,980 |
| 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 | $0 |
| Total liabilities | $0 |
| 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 | $59,980 |
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