Norwalk Chamber Of Commerce
- Assets
- $109.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Norwalk, CA
- Founding
- 10/1959
- Data as of
- 06/2024
- EIN
- 95-1056405
Organization Overview
Norwalk Chamber Of Commerce is located in Norwalk, CA. The organization was established in 1959. 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 the central organization for a national or regional group of organizations. Norwalk 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 06/2024, Norwalk Chamber Of Commerce generated $130.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $142.8k during the year ending 06/2024. While expenses have increased by 3.1% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
TO PROMOTE BUSINESS AND SOCIAL ENVIRONMENT FOR THE COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Perez Dev Committee | 0 | $0 | |
Shanna Crittenden MPH Chamber Dev | 0 | $0 | |
Patty Contreras Dev Committee | 1 | $0 | |
Richard Legaspi Exec. Comm.pres | 1 | $0 | |
Karla Butler Exc VP Finance | 2 | $0 | |
Farid Khansarinia Dev Committee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $52,665 |
| Membership dues | $50,170 |
| Investment income | $2,299 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $24,985 |
| Other Revenue | $0 |
| Total Revenue | $130,119 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $74,519 |
| Professional fees and other payments to independent contractors | $18,861 |
| Occupancy, rent, utilities, and maintenance | $22,754 |
| Printing, publications, postage, and shipping | $2,947 |
| Other expenses | $23,728 |
| Total expenses | $142,809 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $97,047 |
| Other assets | $0 |
| Total assets | $109,727 |
| Total liabilities | $31,744 |
| Net assets or fund balances | $77,983 |