Mammoth Lakes Chamber Of Commerce
- Assets
- $285.2k
- Revenue
- $427.7k
- Investments
- $0.0
- Employees
- 4
- Location
- Mammoth Lakes, CA
- Founding
- 03/1983
- Data as of
- 06/2022
- EIN
- 95-3332786
Organization Overview
Mammoth Lakes Chamber Of Commerce is located in Mammoth Lakes, CA. The organization was established in 1983. 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 06/2022, Mammoth Lakes Chamber Of Commerce employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mammoth Lakes 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 06/2022, Mammoth Lakes Chamber Of Commerce generated $427.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 30.7% each year . All expenses for the organization totaled $323.5k during the year ending 06/2022. While expenses have increased by 31.7% per year over the past 6 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
TO PROMOTE PROFITABLE COMMERCE OPERATIONS AND RELATIONSHIPS WITHIN THE TOWN OF MAMMOTH LAKES, CA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORKFORCE HOUSING PROGRAM - A ROOMMATE MATCHING AND EMPLOYMENT VERIFICATION PROGRAM WHICH QUALIFIES ALL EMPLOYEES AND RENTERS WHO SIGN UP THROUGH THE PROGRAM. THE GOAL OF THE PROGRAM IS TO INCREASE THE SUPPLY AND AVAILABILITY OF LONG-TERM HOUSING IN MAMMOTH LAKES.
POWER LUNCHES - MONTHLY MEMBERSHIP MEETINGS FOR THE CHAMBER. THE PURPOSE OF THE MEETINGS ARE TO PROVIDE NETWORKING OPPORTUNITIES, TO PROVIDE MANAGEMENT TRAINING SESSIONS AND TO INFORM THE MEMBERSHIP OF IMPORTANT ISSUES FACING THE MAMMOTH LAKES BUSINESS COMMUNITY.
TECH ASSIST PROGRAM - COVID-19 - WITH THE ONSET OF THE COVID-19 PANDEMIC, THE TECH ASSIST PROGRAM WAS SHIFTED TO FUNDING FOR MASKS TO BE DISTRIBUTED TO THE MAMMOTH LAKES BUSINESS COMMUNITY.
PEAK PERFORMANCE PROGRAM/CUSTOMER SERVICE TRAINING PROGRAM - OFFERED FREE TO ALL MAMMOTH LAKES CHAMBER OF COMMERCE MEMBERS AND LOCAL BUSINESSES. THE PROGRAM CONSISTS OF A FALL AND A SPRING MANAGER/OWNER POWER LUNCH AND 2 FRONTLINE TRAINING SESSIONS IN NOVEMBER. ADDITIONALLY, TWO POWER LUNCHES ARE DEDUCATED TO CUSTOMER SERVICE TRAINING. VIRTUAL JOB FAIR - WITH THE SHORTAGE OF WORKERS IN MAMMOTH LAKES, THE MAMMOTH LAKES CHAMBER CONDUCTS A VIRTUAL JOB FAIR EVERY SPRING AND FALL. USING SOCIAL PLATFORMS LIKE FACEBOOK AND INSTAGRAM, THE CHAMBER MARKETS ITS MEMBER'S JOB OPENINGS IN SOUTHERN CALIFORNIA AND IN THE RENO/TAHOE REGION. THE CHAMBER ALSO WORKS WITH MAMMOTH HIGH SCHOOL TO PRODUCE A SPRING JOB FAIR FOR YOUTH SUMMER EMPLOYMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Brengle Jr Executive Director | Trustee | 40 | $105,383 |
Tom Parker Treasurer | Officer | 1 | $0 |
Andrea Walker President | Officer | 5 | $0 |
Richard Sanfilippo Past President | Officer | 1 | $0 |
Brent Truax President-Elect | Officer | 1 | $0 |
Alisa Mokler Harper Vice President | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $92,958 |
| Fundraising events | $9,879 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $9,879 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $102,837 |
| Total Program Service Revenue | $325,962 |
| 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 | -$1,075 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $427,724 |
| 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. | $114,372 |
| Compensation of current officers, directors, key employees. | $51,467 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $75,802 |
| Pension plan accruals and contributions | $2,157 |
| Other employee benefits | $11,707 |
| Payroll taxes | $15,728 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,764 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,265 |
| Advertising and promotion | $17,966 |
| Office expenses | $10,620 |
| Information technology | $4,531 |
| Royalties | $0 |
| Occupancy | $1,085 |
| Travel | $3,198 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,017 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $5,080 |
| All other expenses | $1,948 |
| Total functional expenses | $323,532 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $284,916 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $255 |
| Total assets | $285,171 |
| 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 | $9,028 |
| Total liabilities | $9,028 |
| Net assets without donor restrictions | $276,143 |
| 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 | $285,171 |
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