Santa Maria Valley Chamber Of Commerce
- Assets
- $676.8k
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 9
- Location
- Santa Maria, CA
- Founding
- 08/1968
- Data as of
- 06/2022
- EIN
- 95-1191765
Organization Overview
Santa Maria Valley Chamber Of Commerce is located in Santa Maria, CA. The organization was established in 1968. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Santa Maria Valley Chamber Of Commerce employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Santa Maria Valley 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, Santa Maria Valley Chamber Of Commerce generated $2.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $2.2m during the year ending 06/2022. While expenses have increased by 7.8% per year over the past 7 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
PROVIDE OPPORTUNITIES FOR BUSINESS COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE LEADS FOR THE HOSPITALITY AND TOURISM INDUSTRY, COOPERATIVE ADVERTISING AND PROMOTIONAL OPPORTUNITIES, ASSIST GROUPS WITH MEETING PLANNING, OPERATE VISTOR CENTER AND COORDINATE SPECIAL EVENTS
TO DEVELOP A COMPREHENSIVE STRATEGY THAT SUPPORTS TOURISM BY ENHANCING EMPLOYMENT, THE LOCAL ECONOMY AND THE TAX BASE
MONTHLY NEWSLETTER, BUSINESS SEMINAR, CITY MAP, ECONOMIC PROFILE, NEWCOMER GUIDE, CLUBS AND ORGANIZATION LISTING AND OTHER COMMUNITY DEMOGRAPHICS AND INFORMATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Glenn Morris CEO | 60 | $139,111 | |
Danny Deveraux Chairman | OfficerTrustee | 0 | $0 |
Sandra Dickerson Chairman Elect | OfficerTrustee | 0 | $0 |
Edgar Gascon Past Chairman | OfficerTrustee | 0 | $0 |
Butch Lopez Vice Chairman | OfficerTrustee | 0 | $0 |
Laurie Tamura Vice Chairman | OfficerTrustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,000,555 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,000,555 |
| Total Program Service Revenue | $441,163 |
| Investment income | $735 |
| 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 | $2,449,753 |
| 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. | $139,111 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $464,303 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $122,908 |
| Payroll taxes | $49,907 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $35,880 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $29,836 |
| Travel | $15,750 |
| 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 | $3,304 |
| Insurance | $7,295 |
| All other expenses | $345,620 |
| Total functional expenses | $2,228,376 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $250 |
| Savings and temporary cash investments | $610,601 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $39,958 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,424 |
| Prepaid expenses and deferred charges | $11,444 |
| Net Land, buildings, and equipment | $12,140 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $676,817 |
| Accounts payable and accrued expenses | $7,953 |
| 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 | $145,041 |
| Total liabilities | $152,994 |
| Net assets without donor restrictions | $315,280 |
| Net assets with donor restrictions | $208,543 |
| 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 | $676,817 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Santa Maria Valley Chamber Of Commerce has recieved totaling $175.
| Awarding Organization | Amount |
|---|---|
Carpenters Local 1800 Training Corporation Santa Maria, CA PURPOSE: COMMUNITY SUPPORT | $175 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Los Angeles Tourism & Convention Board Los Angeles, CA | $19,187,650 | $21,164,251 |
Orange County Realtors Laguna Hills, CA | $11,666,397 | $12,107,704 |
Anaheim Area Visitor And Convention Bureau Anaheim, CA | $14,446,478 | $12,147,236 |
Metropolitan Tucson Convention And Visitors Bureau Tucson, AZ | $11,117,181 | $12,905,654 |
Visit Newport Beach Inc Newport Beach, CA | $8,210,060 | $9,447,693 |
Santa Barbara Conference And Visitors Bureau Santa Barbara, CA | $2,275,165 | $7,251,776 |
Arizona Association Of Realtors Phoenix, AZ | $41,549,602 | $11,298,614 |
Los Angeles Area Chamber Of Commerce Los Angeles, CA | $7,562,162 | $6,083,780 |
Sacramento Convention And Visitors Bureau Sacramento, CA | $12,491,564 | $12,454,571 |
Greater Las Vegas Chamber Of Commerce Inc Las Vegas, NV | $11,964,032 | $6,654,752 |
Engineering & Utility Contractors Association San Ramon, CA | $6,057,921 | $5,434,926 |
Better Business Bureau Inc San Leandro, CA | $5,371,959 | $5,607,401 |