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 06/2022, Norwalk Chamber Of Commerce generated $114.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $105.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 7 years. 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROMOTE BUSINESS AND SOCIAL ENVIRONMENT FOR THE COMMUNITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Caren Spilsbury Executive Direc | 40 | $0 | |
Yovani Flores Director | 1 | $0 | |
Richard Legaspi President | 1 | $0 | |
Farid Khansarinia President Elect | 0 | $0 | |
Karla Butler VP Finance | 2 | $0 | |
Patty Contreras Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $9,080 |
Total Program Service Revenue | $44,410 |
Membership dues | $43,524 |
Investment income | $4 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $17,599 |
Other Revenue | $0 |
Total Revenue | $114,617 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $64,492 |
Professional fees and other payments to independent contractors | $380 |
Occupancy, rent, utilities, and maintenance | $20,850 |
Printing, publications, postage, and shipping | $3,360 |
Other expenses | $16,064 |
Total expenses | $105,146 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $102,891 |
Other assets | $0 |
Total assets | $113,788 |
Total liabilities | $35,000 |
Net assets or fund balances | $78,788 |
Organization Name | Assets | Revenue |
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Western States Petroleum Association Sacramento, CA | $8,481,739 | $30,827,581 |
Iapmo Research And Testing Inc Ontario, CA | $11,214,766 | $46,736,492 |
Specialty Equipment Market Association Diamond Bar, CA | $151,136,909 | $20,614,542 |
California Dental Association Sacramento, CA | $252,495,901 | $15,890,513 |
Chinatown Service Center Los Angeles, CA | $26,778,687 | $27,867,616 |
Sag-Aftra & Industry Sound Recordings Distribution Fund Valley Village, CA | $48,142,351 | $13,604,136 |
Electric & Gas Industries Association Sacramento, CA | $14,735,713 | $15,175,016 |
American Pistachio Growers Fresno, CA | $11,494,323 | $15,365,842 |