Encino Chamber Of Commerce
- Assets
- $104.8k
- Revenue
- $90.4k
- Investments
- $0.0
- Employees
- 2
- Location
- Encino, CA
- Founding
- 03/1946
- Data as of
- 12/2021
- EIN
- 95-0715553
Organization Overview
Encino Chamber Of Commerce is located in Encino, CA. The organization was established in 1946. 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 12/2021, Encino Chamber Of Commerce employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Encino 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 12/2021, Encino Chamber Of Commerce generated $90.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $85.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.1%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE COMMERCE FOR MEMBERS AND TO FORGE STRONG TIES BETWEEN BUSINESSES AND THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NETWORKING, MARKETING AND REFERRALSTO ASSIST MEMBERS TO DEVELOP LEADS, EXPLORE NEW RESOURCES, AND MAKE NEW FRIENDS, THE CHAMBER PROVIDES MONTHLY BUSINESS & PROFESSIONAL DEVELOPMENT LUNCHES, NETWORKING BREAKFASTS, MIXERS, AND A WEBSITE DIRECTORY AND MEMBERSHIP DIRECTORY AND A SENIOR SERVICES DIRECTORY (SINCE A SIGNIFICANT PORTION OF THE MEMBERSHIP ARE PROFESSIONAL HEALTH CARE PROVIDERS).
SPECIAL EVENTS TO PROMOTE WELFARE OF THE ENCINO COMMUNITYTHE CHAMBER PROMOTES SPECIAL EVENTS TO PROMOTE THE WELFARE OF THE ENCINO COMMUNITY, INCLUDING THE TASTE OF ENCINO, A STREET FAIR, IN PARTNERSHIP WITH THE CALIFORNIA TRADITIONAL MUSIC SOCIETY; A TEACHERS' AWARDS EVENT, HONORING OUTSTANDING TEACHERS IN THE ENCINO COMMUNITY; THE ARMAND ARABIAN AWARDS LUNCHEON, HONORING OUTSTANDING PUBLIC SERVANTS; A GOLF EVENT AND AN EVENING OF WINE TO PROMOTE CONTRIBUTIONS TO MEMBER CHARITIES; AND AN INSTALLATION EVENT TO HONOR OUTSTANDING SERVICES OF MEMBERS TO THE CHAMBER.
LEGISLATIVE ADVOCACYTHE CHAMBER IS THE VOICE FOR BUSINESS. THE BOARD OF DIRECTORS ACTIVELY WORKS TO PROVIDE A STRONG REPRESENTATION FOR THE ENCINO BUSINESS COMMUNITY ON LOCAL, REGIONAL AND STATE ISSUES. SOME OF THE BOARD MEMBERS ATTEND AN ANNUAL CONFERENCE IN SACRAMENTO AND MEET WITH LEGISLATORS AND REPRESENTATIVES FROM THE GOVERNOR'S OFFICE. THE CHAMBER IS AN ACTIVE PARTICIPANT IN THE UNITED CHAMBERS OF COMMERCE, WHICH IS AN UMBRELLA ORGANIZATION OF CHAMBERS OF COMMERCE IN THE SAN FERNANDO VALLEY WITH THE MISSION TO BE THE VOICE FOR BUSINESS IN THE SAN FERNANDO VALLEY, AND IS A MEMBER OF THE CALIFORNIA CHAMBER OF COMMERCE AND SUPPORTS ITS PAC. THE CHAMBER IS A MEMBER OF LOS ANGELES BUSINESS FEDERATION, AND THE SCACEE AND WACEE CHAMBER ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joel M Simon Controller | OfficerTrustee | 10 | $0 |
Rickey M Gelb CFO | OfficerTrustee | 10 | $0 |
Brandon Rapport Vice President | OfficerTrustee | 1 | $0 |
Susan Du Brin Immediate Past President | OfficerTrustee | 3 | $0 |
Dale Surowitz Director | Trustee | 0 | $0 |
Tony Quiroga Director | OfficerTrustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $17,307 |
| 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 | $17,307 |
| Total Program Service Revenue | $49,051 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $13,918 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $90,376 |
| 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 | $39,930 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,627 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,450 |
| 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 | $2,497 |
| 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 | $272 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,389 |
| Insurance | $3,803 |
| All other expenses | $12,150 |
| Total functional expenses | $85,510 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,681 |
| 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 | $0 |
| Net Land, buildings, and equipment | $80,140 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $104,821 |
| 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 | $32,580 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $32,580 |
| Net assets without donor restrictions | $72,241 |
| 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 | $104,821 |