Palmdale Chamber Of Commerce
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Palmdale, CA
- Founding
- 06/1991
- Data as of
- 12/2020
- EIN
- 95-1748568
Organization Overview
Palmdale Chamber Of Commerce is located in Palmdale, CA. The organization was established in 1991. 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 12/2020, Palmdale Chamber Of Commerce employed 2 individuals. Palmdale 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 12/2020, Palmdale Chamber Of Commerce generated $63.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (12.6%) each year. All expenses for the organization totaled $39.8k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (18.2%) per year over the past 4 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
2020
Describe the Organization's Program Activity:
Part 3
PROVIDE SERVICES TO APPROXIMATELY 412 LOCAL BUSINESSES INCLUDING MARKETING NETWORK OPPORTUNITIES RIBBON CUTTING CEREMONIES AND OTHER BUSINESS SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randy Schultz Chair | 5 | $0 | |
Aj Hampton Chair Elect | 5 | $0 | |
Kelly Miller Corporate Secretary | 5 | $0 | |
Sally Altobelli Cheif Financial Officer | 5 | $0 | |
Keisha Dixon Vice-Chair Membership | 5 | $0 | |
Tina Derienzo Vice-Chair Community Affairs | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $54,664 |
| Investment income | $0 |
| Gain or Loss | -$635 |
| Net Income from Gaming & Fundraising | $9,325 |
| Other Revenue | $0 |
| Total Revenue | $63,354 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,367 |
| Professional fees and other payments to independent contractors | $2,322 |
| Occupancy, rent, utilities, and maintenance | $9,706 |
| Printing, publications, postage, and shipping | $173 |
| Other expenses | $16,263 |
| Total expenses | $39,831 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |