Duarte Chamber Of Commerce is located in Duarte, CA. The organization was established in 1975. 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 06/2023, Duarte Chamber Of Commerce employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Duarte 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 06/2023, Duarte Chamber Of Commerce generated $178.1k 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 (3.9%) each year. All expenses for the organization totaled $215.8k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.3%) 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE DUARTE CHAMBER OF COMMERCE PROVIDES VARIOUS SERVICES IN ORDER TO FURTHER BUSINESS AND ECONOMIC DEVELOPMENT IN THE CITY OF DUARTE
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DUARTE CHAMBER OF COMMERCE PROVIDES VARIOUS SERVICES IN ORDER TO FURTHER THE BUSINESS AND ECONOMIC DEVELOPMENT IN THE CITY OF DUARTE. THE CHAMBER IS A NONPROFIT MEMBERSHIP ORGANIZATION UNDER SECTION 501 (C) 6.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Shoshana Puccia Executive Dir. | Trustee | 40 | $77,467 |
Christopher Fischer Director | Trustee | 2 | $0 |
Bernadette Chang Director | OfficerTrustee | 2 | $0 |
Lanae O'shields Director | Trustee | 2 | $0 |
Robb Johnson Director | Trustee | 2 | $0 |
Hendy Satya Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $115,190 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $115,190 |
Total Program Service Revenue | $72,807 |
Investment income | $55 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$11,539 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $178,068 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $77,467 |
Compensation of current officers, directors, key employees. | $77,467 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $32,479 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $9,611 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,650 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $15,288 |
Information technology | $16,527 |
Royalties | $0 |
Occupancy | $9,613 |
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 | $1,541 |
Insurance | $1,500 |
All other expenses | $4,382 |
Total functional expenses | $215,801 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,034 |
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 |
Net Land, buildings, and equipment | $6,924 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $7,958 |
Accounts payable and accrued expenses | $22,478 |
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 | $22,478 |
Net assets without donor restrictions | -$14,520 |
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 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $7,958 |