West Ventura County Business Alliance Incorporated
- Assets
- $127.4k
- Revenue
- $584.1k
- Investments
- $0.0
- Employees
- 7
- Location
- Oxnard, CA
- Founding
- 12/1943
- Data as of
- 12/2022
- EIN
- 95-1074180
Organization Overview
West Ventura County Business Alliance Incorporated is located in Oxnard, CA. The organization was established in 1943. 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 12/2022, West Ventura County Business Alliance Incorporated employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Ventura County Business Alliance Incorporated 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 12/2022, West Ventura County Business Alliance Incorporated generated $584.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $627.3k during the year ending 12/2022. While expenses have increased by 1.1% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO REPRESENT BUSINESS INTERESTS AND ADVOCATE PUBLIC POLICIES THAT PROMOTE A HEALTHY ECONOMY. THE GOAL OF THE WEST VENTURA COUNTY BUSINESS ALLIANCE IS TO PROMOTE THE BUSINESS AND ECONOMIC WELL-BEING OF OUR DIVERSE COMMUNITIES TO BENEFIT ENTERPRISES, BIG AND SMALL, THROUGH ADVOCACY, SERVICES AND EDUCATION, BUSINESS EXPOSURE, AND PROMOTIONAL OPPORTUNITIES. THE ALLIANCE VALUES THE QUALITY OF LIFE IN OUR COMMUNITIES AND ENCOURAGES ECONOMIC VITALITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ALLIANCE HAS BUILT A SOLID NETWORK OF REFERRALS AND PROMOTION OF OUR MEMBERS THROUGH PUBLICATIONS AND ACTIVITIES. IN ADDITION, THE ALLIANCE HAS SUCCESSFULLY BEEN A VOICE FOR THE COMMUNITY AND BUSINESSES TO REPRESENT BUSINESS INTERESTS AND ADVOCATE PUBLIC POLICIES PROMOTING A HEALTHY ECONOMY IN THE CAMARILLO AND OXNARD AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Lindholm President & CEO | OfficerTrustee | 40 | $130,022 |
Dani Anderson Director | Trustee | 1 | $0 |
Mellany Arbues Director | Trustee | 1 | $0 |
Steven Buenger Director | Trustee | 1 | $0 |
Tom Cady Director | Trustee | 1 | $0 |
Marc Charney Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $329,607 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $329,607 |
| Total Program Service Revenue | $252,489 |
| Investment income | $92 |
| 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 | $584,061 |
| 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. | $130,022 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $157,841 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $19,893 |
| Payroll taxes | $25,227 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,691 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,144 |
| Advertising and promotion | $0 |
| Office expenses | $4,086 |
| Information technology | $11,497 |
| Royalties | $0 |
| Occupancy | $90,830 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,506 |
| Interest | $1,376 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,625 |
| Insurance | $5,913 |
| All other expenses | $31,960 |
| Total functional expenses | $627,251 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $115,564 |
| 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 | $6,355 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,455 |
| Total assets | $127,374 |
| 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 | $49,403 |
| Other liabilities | $12,042 |
| Total liabilities | $61,445 |
| Net assets without donor restrictions | $65,929 |
| 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 | $127,374 |