Kailua Chamber Of Commerce
- Assets
- $32.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kailua, HI
- Founding
- 10/1990
- Data as of
- 12/2020
- EIN
- 99-0157377
Organization Overview
Kailua Chamber Of Commerce is located in Kailua, HI. The organization was established in 1990. 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. Kailua 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, Kailua Chamber Of Commerce generated $34.0k 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 (17.2%) each year. All expenses for the organization totaled $28.8k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (21.8%) 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
PROMOTE LOCAL BUSINESS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine Sato President | 0 | $0 | |
Michael D Fry 1st VP | 0 | $0 | |
Pete Castillejos 2nd VP | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,060 |
| Membership dues | $32,890 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $33,950 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,018 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $4,219 |
| Printing, publications, postage, and shipping | $9 |
| Other expenses | $5,587 |
| Total expenses | $28,833 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,015 |
| Other assets | $0 |
| Total assets | $32,015 |
| Total liabilities | $0 |
| Net assets or fund balances | $32,015 |