Corte Madera Chamber Of Commerce is located in Corte Madera, CA. The organization was established in 1966. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Corte Madera 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, Corte Madera Chamber Of Commerce generated $216.2k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $247.7k during the year ending 12/2023. 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
ADVANCE TOWN OF CORTE MADERA COMMERCIAL, INDUSTRIAL, & CIVIC STATUS
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOURTH OF JULY EVENT IN TOWN OF CORTE MADERA
GOLF TOURNAMENT-CORTE MADERA
LUNCHEONS, AUCTIONS, AND MIXER EVENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Bill Blackburn Director | Trustee | 0.5 | $0 |
Christine Bohlke Director | Trustee | 0.5 | $0 |
Stan Hoffman Director | Trustee | 0.5 | $0 |
Margaret Deedy Director | Trustee | 0.5 | $0 |
Rod Edington Director | Trustee | 0.5 | $0 |
Dr Richard Klussman Director | Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $13,520 |
Fundraising events | $0 |
Related organizations | $163,441 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $549 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $177,510 |
Total Program Service Revenue | $37,904 |
Investment income | $751 |
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 | $216,165 |
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. | $104,702 |
Compensation of current officers, directors, key employees. | $104,702 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $33,691 |
Payroll taxes | $8,206 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $5,980 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $1,351 |
Office expenses | $8,365 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $19,227 |
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 | $667 |
Insurance | $3,104 |
All other expenses | $0 |
Total functional expenses | $247,744 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $300 |
Savings and temporary cash investments | $135,440 |
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 |
Net Land, buildings, and equipment | $550 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $136,290 |
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 |
Retained earnings, endowment, accumulated income, or other funds | $136,290 |
Total liabilities and net assets/fund balances | $136,290 |