Chamber Of The Chino Valley
- Assets
- $274.1k
- Revenue
- $577.8k
- Investments
- $0.0
- Employees
- 6
- Location
- Chino, CA
- Founding
- 03/1947
- Data as of
- 06/2022
- EIN
- 95-1807647
Organization Overview
Chamber Of The Chino Valley is located in Chino, CA. The organization was established in 1947. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Chamber Of The Chino Valley employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chamber Of The Chino Valley 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, Chamber Of The Chino Valley generated $577.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 18.2% each year . All expenses for the organization totaled $462.5k during the year ending 06/2022. While expenses have increased by 13.8% 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
BUSINESS MEMBERSHIP PROMOTION AND ECONOMIC DEVELOPMENT FOR BUSINESSES IN THE CITY OF CHINO AND THE CITY OF CHINO HILLS THROUGH VARIOUS COMMUNITY EVENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUSINESS MEMBERSHIP ORGANIZATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Parsons Secretary | Officer | 8 | $0 |
Terry Fitch Treasurer Fy2122 | Officer | 6 | $0 |
Gigi Verner Outgoing Chair Of The Board | Officer | 3 | $0 |
Christina Gagnier Chair Of The Board | Officer | 4 | $0 |
Zeb Welborn Executive Director | Officer | 32 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $285,504 |
| Investment income | $35 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $15,643 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $577,835 |
| Statement of Expenses | |
|---|---|
| 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. | $93,198 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $104,228 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $916 |
| Payroll taxes | $19,459 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,936 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,242 |
| Office expenses | $7,048 |
| Information technology | $9,313 |
| Royalties | $0 |
| Occupancy | $21,429 |
| Travel | $3,791 |
| 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 | $861 |
| Insurance | $4,610 |
| All other expenses | $0 |
| Total functional expenses | $462,543 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $108,966 |
| Savings and temporary cash investments | $70,819 |
| Pledges and grants receivable | $79,165 |
| Accounts receivable, net | $445 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $274,139 |
| Accounts payable and accrued expenses | $10,045 |
| 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 | $0 |
| Total liabilities | $10,045 |
| Net assets without donor restrictions | $264,094 |
| 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 |
| Total liabilities and net assets/fund balances | $264,094 |
Grants Awarded
Over the last fiscal year, Chamber Of The Chino Valley has awarded $23,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CHINO VALLEY ROTARY CLUB PURPOSE: Service organization supporting communit | $3,000 |
SLAVE 2 NOTHING FOUYNDATION PURPOSE: Supts orgs against drug abusehuman traf | $10,000 |
OLIVE CREST PURPOSE: Provide Safe Home for youth &parent educ | $10,000 |