San Gabriel Valley Commerce And Cities Consortium is located in Irwindale, CA. The organization was established in 1992. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, San Gabriel Valley Commerce And Cities Consortium employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. San Gabriel Valley Commerce And Cities Consortium 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 06/2021, San Gabriel Valley Commerce And Cities Consortium generated $785.9k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $760.7k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (2.3%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ENRICH THE QUALIFY OF LIFE AND ECONOMIC VITALITY OF THE SAN GABRIEL VALLEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCT WORKSHOPS, SEMINARS AND OTHER TRAINING ON ECONOMIC OPPORTUNITIES IN SAN GABRIEL VALLEY
ECONOMIC OUTLOOK BREAKFAST - THE ECONOMIC OUTLOOK BREAKFAST PROVIDES BUSINESS AND COMMUNITY LEADERS A COMPETITIVE EDGE BY OFFERING A RESOURCE TO GAUGE CURRENT AND FUTURE ECONOMIC TRENDS ON THE LOCAL, REGIONAL, AND STATE ECONOMIES.
AWARDS GALA - THE ANNUAL AWARDS GALA HONORS OUTSTANDING INDIVIDUALS AND ORGANIZATIONS IN THE SAN GABRIEL VALLEY WHO ARE MAKING A SIGNIFICANT CONTRIBUTUION TO THE QUALITY OF LIFE AND ECONOMIC VITALITY OF THE REGION.
GRANTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William Manis President & CEO | Officer | 40 | $149,892 |
Salvatrice Cummo Treasurer | Officer | 1 | $0 |
Alexander Eng Chair | Officer | 1 | $0 |
Peter Hidalgo Immediate Past Chair | Officer | 1 | $0 |
Thomas Lenz Legal Counsel | Officer | 1 | $0 |
Dr Bill Scroggins Vice Chair | Officer | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $542,426 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $182,500 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $724,926 |
Total Program Service Revenue | $60,089 |
Investment income | $848 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $785,863 |
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. | $149,892 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $227,188 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $29,779 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $10,968 |
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 | $14,923 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $26,868 |
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 | $4,832 |
Insurance | $9,598 |
All other expenses | $22,701 |
Total functional expenses | $760,677 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $490,756 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $137,075 |
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 | $15,502 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,738 |
Total assets | $646,071 |
Accounts payable and accrued expenses | $3,524 |
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 | $72,104 |
Total liabilities | $75,628 |
Net assets without donor restrictions | $570,443 |
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 | $646,071 |
Over the last fiscal year, we have identified 1 grants that San Gabriel Valley Commerce And Cities Consortium has recieved totaling $8,330.
Awarding Organization | Amount |
---|---|
Kaiser Foundation Health Plan Inc Oakland, CA PURPOSE: 3 Events: Gala, Reception, & Luncheon | $8,330 |
Organization Name | Assets | Revenue |
---|---|---|
Open Philanthropy Action Fund Palo Alto, CA | $40,719,631 | $63,966,410 |
California Association Of Realtors Inc Los Angeles, CA | $141,130,823 | $49,796,356 |
Hawaii Visitors And Convention Bureau Honolulu, HI | $13,094,236 | $27,417,189 |
Airlines Committee Of Hawaii Inc Honolulu, HI | $51,429,795 | $29,139,681 |
California Chamber Of Commerce Sacramento, CA | $24,602,623 | $26,657,104 |
Chamber Of Commerce Of Hawaii Honolulu, HI | $2,410,473 | $21,243,686 |
Los Angeles Tourism & Convention Board Los Angeles, CA | $19,187,650 | $21,164,251 |
Orange County Realtors Laguna Hills, CA | $11,666,397 | $12,107,704 |
Anaheim Area Visitor And Convention Bureau Anaheim, CA | $14,446,478 | $12,147,236 |
Metropolitan Tucson Convention And Visitors Bureau Tucson, AZ | $11,117,181 | $12,905,654 |
Visit Newport Beach Inc Newport Beach, CA | $8,210,060 | $9,447,693 |
Santa Barbara Conference And Visitors Bureau Santa Barbara, CA | $2,275,165 | $7,251,776 |