Antelope Valley Board Of Trade
- Assets
- $0.0
- Revenue
- $218.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Palmdale, CA
- Founding
- 08/1967
- Data as of
- 06/2020
- EIN
- 95-1961103
Organization Overview
Antelope Valley Board Of Trade is located in Palmdale, CA. The organization was established in 1967. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2020, Antelope Valley Board Of Trade employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Antelope Valley Board Of Trade 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 06/2020, Antelope Valley Board Of Trade generated $218.2k 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 (3.2%) each year. All expenses for the organization totaled $184.3k during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 6 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO ENGAGE IN MAINTAINING AND PROMOTING DIVERSE BUSINESS AND INDUSTRY, QUALITY INFRASTRUCTURES AND A STRONG LEGISLATIVE VOICE FOR THE BENEFIT OF ITS MEMBERS AND THE GREATER ANTELOPE VALLEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
1. WORKED TO AGGRESSIVELY EXPAND & MAINTAIN JOB OPPORTUNITIES AND PROMOTE A HEALTHY BUSINESS CLIMATE IN THE ANTELOPE VALLEY.2. SUPPORTED THE CREATION OF AN EFFICIENT AND FUNCTIONAL TRANSPORTATION SYSTEM OF HIGHWAYS, RAIL, AND AIRPORTS.3. MONITORED LEGISLATIVE ISSUES OF CONCERN TO THE ANTELOPE VALLEY AND MAINTAINED A STRONG LEGISLATIVE LOBBY TO REPRESENT VALLEY CONCERNS AT THE LOCAL, STATE, AND NATIONAL LEVELS.4 PROVIDED DIRECTION AND LEADERSHIP TO REGIONAL ENVIRONMENTAL ISSUES, SUCH AS WATER SUPPLY, FLOOD CONTROL, AND AIR QUALITY.5. PROMOTED A QUALITY WORKFORCE THROUGH THE DEVELOPMENT OF A WELL-ROUNDED EDUCATION SYSTEM.6. MARKETED THE ANTELOPE VALLEY TO ATTRACT BUSINESS AND INDUSTRIES THROUGHOUT THE STATE, NATION, AND WORLD.7. BUILT AND MAINTAINED POSITIVE RELATIONSHIPS WITH ALL ANTELOPE VALLEY BUSINESS AND GOVERNMENT AGENCIES.8. PROMOTED THE VALUES AND BENEFITS OF MEMBERSHIP IN THE ANTELOPE VALLEY BOARD OF TRADE TO ENSURE THE FINANCIAL STABILITY NECESSARY FOR ACCOMPLISHING OUR MISSION.
1. WORKED TO AGGRESSIVELY EXPAND & MAINTAIN JOB OPPORTUNITIES AND PROMOTE A HEALTHY BUSINESS CLIMATE IN THE ANTELOPE VALLEY.2. SUPPORTED THE CREATION OF AN EFFICIENT AND FUNCTIONAL TRANSPORTATION SYSTEM OF HIGHWAYS, RAIL, AND AIRPORTS.3. MONITORED LEGISLATIVE ISSUES OF CONCERN TO THE ANTELOPE VALLEY AND MAINTAINED A STRONG LEGISLATIVE LOBBY TO REPRESENT VALLEY CONCERNS AT THE LOCAL, STATE, AND NATIONAL LEVELS.4 PROVIDED DIRECTION AND LEADERSHIP TO REGIONAL ENVIRONMENTAL ISSUES, SUCH AS WATER SUPPLY, FLOOD CONTROL, AND AIR QUALITY.5. PROMOTED A QUALITY WORKFORCE THROUGH THE DEVELOPMENT OF A WELL-ROUNDED EDUCATION SYSTEM.6. MARKETED THE ANTELOPE VALLEY TO ATTRACT BUSINESS AND INDUSTRIES THROUGHOUT THE STATE, NATION, AND WORLD.7. BUILT AND MAINTAINED POSITIVE RELATIONSHIPS WITH ALL ANTELOPE VALLEY BUSINESS AND GOVERNMENT AGENCIES.8. PROMOTED THE VALUES AND BENEFITS OF MEMBERSHIP IN THE ANTELOPE VALLEY BOARD OF TRADE TO ENSURE THE FINANCIAL STABILITY NECESSARY FOR ACCOMPLISHING OUR MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aubrey P D'haenens Executive Dir. | Officer | 40 | $5,250 |
Anthony Bruneau Treasurer | OfficerTrustee | 1 | $0 |
Ed Knudson Past President | OfficerTrustee | 1 | $0 |
Lisa Moulton Secretary | OfficerTrustee | 1 | $0 |
Diane Walker Dir-At-Large | Trustee | 1 | $0 |
Bret Banks President | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $17 |
| 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 | $218,164 |
| 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. | $5,905 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,080 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,074 |
| Payroll taxes | $2,136 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,170 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,420 |
| Office expenses | $17,763 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $19,718 |
| Travel | $0 |
| 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 | $747 |
| Insurance | $2,272 |
| All other expenses | $0 |
| Total functional expenses | $184,328 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $0 |
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