Cypress Chamber Of Commerce
- Assets
- $51.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cypress, CA
- Founding
- 02/1973
- Data as of
- 06/2021
- EIN
- 23-7231947
Organization Overview
Cypress Chamber Of Commerce is located in Cypress, CA. The organization was established in 1973. 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. Cypress 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 06/2021, Cypress Chamber Of Commerce generated $47.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (15.1%) each year. All expenses for the organization totaled $39.4k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (18.8%) per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
COMMUNITY FESTIVAL AND OTHER EVENTS DESIGNED TO PROMOTE LOCAL BUSINESSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Theresa Murphy Chairman | 5 | $0 | |
Henry Hua Vice Chairman | 5 | $0 | |
Tim Keenan Vice Chairman | 5 | $0 | |
Amber Jones Secretary | 5 | $0 | |
Lily Ramirez Vice Chairman | 5 | $0 | |
Dan Schwartz Vice Chairman And Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,515 |
| Total Program Service Revenue | $0 |
| Membership dues | $39,125 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,065 |
| Other Revenue | $1,880 |
| Total Revenue | $47,585 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,472 |
| Professional fees and other payments to independent contractors | $1,245 |
| Occupancy, rent, utilities, and maintenance | $6,000 |
| Printing, publications, postage, and shipping | $167 |
| Other expenses | $11,523 |
| Total expenses | $39,407 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,199 |
| Other assets | $0 |
| Total assets | $51,460 |
| Total liabilities | $1,068 |
| Net assets or fund balances | $50,392 |
Peer Organizations
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|---|---|---|
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California Life Sciences Association San Diego, CA | $8,698,147 | $9,649,305 |
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Supima Tempe, AZ | $14,183,773 | $7,283,999 |
Western Growers Assn Irvine, CA | $76,133,560 | $13,363,556 |