Corona Chamber Foundation
- Assets
- $43.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Corona, CA
- Founding
- 07/1992
- Data as of
- 12/2020
- EIN
- 33-0517358
Organization Overview
Corona Chamber Foundation is located in Corona, CA. The organization was established in 1992. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Corona 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 12/2020, Corona Chamber Foundation generated $64.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (36.7%) each year. All expenses for the organization totaled $45.9k during the year ending 12/2020. 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 Mission:
Part 3 - Line 1
TO PROMOTE AND SUPPORT EDUCATIONAL ACTIVITIES WITHIN THE COMMUNITY, TO SUPPORT ACTIVE DUTY MILITARY AND VETERANS, TO PROVIDE FINANCIAL AND OTHER ASSISTANCE TO INDIVIDUALS & FAMILIES FACED WITH ECONOMIC HARDSHIPS.
Describe the Organization's Program Activity:
Part 3
AMERICAN LEGION POST 742 - SUPPORT FOR VETERANS AND ASSIST WITH BUILDING IMPROVEMENTS FOR THE POST HOUSE
VETERAN SUPPORT, REMEMBERING OUR FALLEN, MEMORIAL MARCH - SUPPORT FOR VETERANS, INCLUDING HONORING THEM
TURPIN/COMMUNITY NEEDS SUPPORT FOR INDIVIDUALS WITH SEVERE ECONOMIC HARDSHIP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dean Seif President | 2 | $0 | |
Mary Conklin Vice President | 2 | $0 | |
Jami Merchant Treasurer | 2 | $0 | |
Linda White Secretary | 2 | $0 | |
George Beloz Director | 1 | $0 | |
Ross Newhan Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $64,442 |
| 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 | $64,442 |
| 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 | $800 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $20 |
| Other expenses | $45,042 |
| Total expenses | $45,862 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,023 |
| Other assets | $0 |
| Total assets | $43,023 |
| Total liabilities | $0 |
| Net assets or fund balances | $43,023 |