Lompoc Valley Chamber Of Commerce

Organization Overview

Lompoc Valley Chamber Of Commerce is located in Lompoc, CA. The organization was established in 1952. 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 06/2021, Lompoc Valley Chamber Of Commerce employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lompoc 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 06/2021, Lompoc Valley Chamber Of Commerce generated $228.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $212.2k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

A MEMBERSHIP ORGANIZATION OF BUSINESSES, PROFESSIONAL ORGANIZATIONS AND INDIVIDUALS COMMITTED TO IMPROVING THE ECONOMY, QUALITY OF LIFE AND PROMOTING BUSINESS AND TOURISM IN THE LOMPOC VALLEY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BUSINESS SERVICES: TO ASSIST BUSINESSES WITHIN THE COMMUNITY, TO MAINTAIN A FAVORABLE BUSINESS CLIMATE, AND TO ENCOURAGE GROWTH AND PROSPERITY; TO ADVANCE THE ECONOMIC AND SOCIOECONOMIC WELL-BEING OF THE LOMPOC VALLEY; TO ASSIST IN GENERAL PLANNING AND DEVELOPMENT OF THE COMMUNITY FOR THE BENEFIT OF ALL.


LEADERSHIP LOMPOC VALLEY: THE CHAMBER PROVIDES OPPORTUNITIES TO DEVELOP AND TRAIN TOMORROW'S COMMUNITY LEADERS THROUGH BOTH ADULT AND HIGH SCHOOL COMMUNITY EDUCATION PROGRAMS.


MILITARY AEROSPACE COMMITTEE: THE CHAMBER HAS ASSUMED A LIASON ROLE BETWEEN THE BUSINESS COMMUNITY AND DEFENSE CONTRACTORS AT VANDENBERG AIR FORCE BASE.


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Board, Officers & Key Employees

Name (title)Compensation
Amber Wilson
President & CEO
$42,362
Devika Stalling
President & CEO
$2,463
Bill Hughen Jr
CFO
$0
Chuck Madson
Chairman
$0
Jeremy Ball
Chairman
$0
Caitlin Boyle
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$80,025
Fundraising events$0
Related organizations$0
Government grants $134,611
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$214,636
Total Program Service Revenue$11,427
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 $1,763
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $228,153

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Lompoc Valley Chamber Of Commerce has recieved totaling $2,500.

Awarding OrganizationAmount
Roy & Ida Eagle Foundation

Santa Maria, CA

PURPOSE: COMMUNITY SUPPORT SERVICES

$2,500
View Grant Recipient Profile

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