Westminster Chamber Of Commerce A Corp
- Assets
- $17.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Westminster, CA
- Founding
- 10/1945
- Data as of
- 06/2017
- EIN
- 95-2084049
Organization Overview
Westminster Chamber Of Commerce A Corp is located in Westminster, CA. The organization was established in 1945. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Westminster Chamber Of Commerce A Corp 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 06/2017, Westminster Chamber Of Commerce A Corp generated $70.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $67.2k during the year ending 06/2017. As we would expect to see with falling revenues, expenses have declined by (5.9%) per year over the past 2 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
2017
Describe the Organization's Program Activity:
Part 3
THE WESTMINSTER CHAMBER OF COMMERCE PROVIDES FORUMS FOR LOCAL BUSINESES, PROVIDES LOCAL INFORMATION TO COMMUNITY MEMBERS INTERESTED PARTIES AND LEADERS FROM OTHER AREAS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Davidson President | 3 | $0 | |
Sophak Ok CFO | 3 | $0 | |
Linh Vu Vice Pres Bus Education | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,201 |
| Total Program Service Revenue | $18,079 |
| Membership dues | $37,900 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,386 |
| Other Revenue | $0 |
| Total Revenue | $70,571 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $27,724 |
| Professional fees and other payments to independent contractors | $2,669 |
| Occupancy, rent, utilities, and maintenance | $13,703 |
| Printing, publications, postage, and shipping | $188 |
| Other expenses | $22,945 |
| Total expenses | $67,229 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,375 |
| Other assets | $0 |
| Total assets | $17,375 |
| Total liabilities | $882 |
| Net assets or fund balances | $16,493 |