Coachella Chamber Of Commerce
- Assets
- $14.5k
- Revenue
- $101.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Indio, CA
- Founding
- 06/1970
- Data as of
- 06/2016
- EIN
- 95-2648210
Organization Overview
Coachella Chamber Of Commerce is located in Indio, CA. The organization was established in 1970. 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. Coachella 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2016
Describe the Organization's Mission:
Part 3 - Line 1
THE COACHELLA CHAMBER OF COMMERCE IS AN ASSOCIATION OF BUSINESSES DEDICATED TO PROMOTING, SUPPORTING AND ENHANCING BUSINESS PROSPERITY, CIVIC VITALITY AND QUALITY OF LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COACHELLA CHAMBER OF COMMERCE PROMOTES LOCAL BUSINESSES THROUGH ADVERTISING, ATTENDING NEW BUSINESS OPENINGS, MONTHLY NETWORKING MEETINGS AND MONTHLY LUNCHEONS. THEY ALSO PROVIDE NECESSARY DATA TO ANYONE WHO REQUESTS INFORMATION ABOUT THE AREA AND ITS GROWTH AND POTENTIAL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russell Sedlaczek Treasurer | OfficerTrustee | 5 | $0 |
Chris Bennett President | OfficerTrustee | 5 | $0 |
Ernesto Rosales Vice President | OfficerTrustee | 5 | $0 |
Mirna Flores Vice President | OfficerTrustee | 5 | $0 |
Mike Etheridge Director | Trustee | 5 | $0 |
Marisa Acevas Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $82,090 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $9,715 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $101,713 |
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $62,084 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,062 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,425 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $793 |
| Office expenses | $3,819 |
| Information technology | $4,069 |
| Royalties | $0 |
| Occupancy | $856 |
| Travel | $3,900 |
| 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 | $831 |
| Insurance | $3,085 |
| All other expenses | $0 |
| Total functional expenses | $94,357 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,061 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $100 |
| 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 | $14,480 |
| 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 | $14,480 |
| 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 | $14,480 |
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