Lincoln Heights Chamber Of Commerce
- Assets
- $41.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 11/1989
- Data as of
- 12/2020
- EIN
- 95-3389180
Organization Overview
Lincoln Heights Chamber Of Commerce is located in Los Angeles, CA. The organization was established in 1989. 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. Lincoln Heights 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 12/2020, Lincoln Heights Chamber Of Commerce generated $1.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (39.2%) each year. All expenses for the organization totaled $1.6k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (40.1%) per year over the past 5 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
2020
Describe the Organization's Program Activity:
Part 3
1. THE CHAMBER ORGANIZED AND SPONSORED FUNCTIONS WITH GUEST SPEAKERS, DURING WHICH THE BUSINESS COMMUNITY COULD ASK QUESTIONS PERTAINING TO THEIR BUSINESS AND PERTAINING TO THE GENERAL BUSINESS COMMUNITY.2. MEETINGS WERE HELD BY THE MEMBERS DURING WHICH MEMBERS MET WITH LOCAL GOVERNMENT OFFICIALS. THE PURPOSE OF THE MEETINGS WAS TO OBTAIN INFORMATION ON ISSUES IMPORTANT TO THE BUSINESS COMMUNITY AND OTHER IMPORTANT LOCAL EVENTS THAT WOULD HAVE AN IMPACT ON THE LOCAL BUSINESS COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John M Menchaca President | 0 | $0 | |
William Aparicio Vice President | 0 | $0 | |
Irene Q Smith Secretary | 0 | $0 | |
Karina Andrade Treasurer | 0 | $0 | |
Milad Hanna Director | 0 | $0 | |
George Pantazis Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,450 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,450 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,648 |
| Total expenses | $1,648 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41 |
| Other assets | $0 |
| Total assets | $41 |
| Total liabilities | $0 |
| Net assets or fund balances | $41 |