Spokane Valley Chamber Foundation
- Assets
- $87.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Spokane Valley, WA
- Founding
- 05/2007
- Data as of
- 12/2021
- EIN
- 20-1843995
Organization Overview
Spokane Valley Chamber Foundation is located in Spokane Valley, WA. The organization was established in 2007. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spokane Valley Chamber Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Spokane Valley Chamber Foundation generated $12.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (61.8%) each year. All expenses for the organization totaled $21.7k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
A COMBINED NEED-BASED AND MERIT-BASED SCHOLARSHIP PROGRAM THAT HAS BEEN CULTIVATED TO SUPPORT STUDENTS PURSUING THEIR 2-YEAR EDUCATION IN THE GREATER SPOKANE VALLEY REGION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lance Beck Executive Di | 1 | $0 | |
Erica Young Director | 0 | $0 | |
Robert Sanders Director | 0 | $0 | |
John Guarisco Director | 0 | $0 | |
Tom Chamberlin Director | 0 | $0 | |
William Crawford Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,595 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $261 |
| Gain or Loss | $123 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $11,979 |
| 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 | $1,190 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $480 |
| Total expenses | $21,667 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $87,679 |
| Other assets | $0 |
| Total assets | $87,679 |
| Total liabilities | $0 |
| Net assets or fund balances | $87,679 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Spokane Valley Chamber Foundation has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Spokane Parks Foundation Spokane, WA PURPOSE: SHERIFF COMMUNITY ORIENTED POLICING EFFORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
J R Simplot Company Foundation Inc Boise, ID | $71,703,701 | $5,686,010 |
College Spark Washington Seattle, WA | $104,693,147 | $3,230,019 |
Idaho Association For The Education Of Young Children Boise, ID | $1,636,700 | $5,141,669 |
Pwh Educational Foundation Inc Spokane, WA | $62,473,304 | $11,260,767 |
Arctic Education Foundation Anchorage, AK | $36,876,877 | $4,892,952 |
College Dreams Inc Grants Pass, OR | $2,542,440 | $3,694,638 |
Calista Education And Culture Inc Anchorage, AK | $4,627,713 | $2,487,452 |
Kmr Group Foundation Vancouver, WA | $32,236,591 | $1,808,486 |
Aleut Foundation Anchorage, AK | $925,739 | $1,724,058 |
R Merle Palmer Minority Scholarship Foundation Tacoma, WA | $1,801,300 | $1,443,994 |
Greater Seattle Business Assoc Scholarship Fund Seattle, WA | $4,889,386 | $1,584,416 |
One Ummah Foundation In Memory Of Mustafa Saeed Rahman Lake Oswego, OR | $1,906,238 | $1,873,006 |