Sandy Chamber Economic Development Foundation
- Assets
- $102.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sandy, UT
- Founding
- 10/2015
- Data as of
- 12/2021
- EIN
- 47-2393288
Organization Overview
Sandy Chamber Economic Development Foundation is located in Sandy, UT. The organization was established in 2015. According to its NTEE Classification (S30) the organization is classified as: Economic Development, 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. Sandy Chamber Economic Development 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, Sandy Chamber Economic Development Foundation generated $154.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 34.8% each year . All expenses for the organization totaled $52.0k 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
THE ORGANIZATION RAISED FUNDS TO PROMOTE ECONOMIC DEVELOPMENT IN THE COMMUNITY BY HELPING THE SOUTH VALLEY CHAMBER'S BUSINESS INSTITUTE TO EDUCATE, TRAIN, AND PROVIDE TOOLS TO HELP SMALL BUSINESSES BUILD AND SUSTAIN THEIR BUSINESS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nathan Anderson Secretary | 1 | $0 | |
Jay Francis President | 1 | $0 | |
Rob Brough Chairman | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $154,250 |
| 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 | $154,250 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $10 |
| Total expenses | $52,010 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $102,287 |
| Other assets | $0 |
| Total assets | $102,287 |
| Total liabilities | $0 |
| Net assets or fund balances | $102,287 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sandy Chamber Economic Development Foundation has recieved totaling $7,000.
| Awarding Organization | Amount |
|---|---|
Wcf Foundation Sandy, UT PURPOSE: JR. WOMEN IN BUSINESS SCHOLARSHIPS | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greater Phoenix Economic Council Phoenix, AZ | $6,926,984 | $7,545,492 |
Region 10 League For Economic Assistance & Planning Inc Montrose, CO | $16,331,779 | $8,034,942 |
Cplc Nevada Inc Phoenix, AZ | $8,204,824 | $6,300,794 |
Partnership For Economic Innovation Tempe, AZ | $1,809,665 | $4,093,737 |
Albuquerque Convention & Visitors Bureau Inc Albuquerque, NM | $3,028,509 | $4,018,411 |
Karis Inc Grand Junction, CO | $4,115,604 | $3,050,096 |
Aurora Economic Development Council Inc Aurora, CO | $1,245,291 | $2,876,706 |
New Mexico Manufacturing Extension Partnership Albuquerque, NM | $3,504,787 | $2,700,614 |
Western Colorado Business Development Corp Grand Junction, CO | $7,096,798 | $2,689,196 |
Native Partnership For Housing Inc Gallup, NM | $6,530,837 | $1,130,197 |
Albuquerque Economic Development Inc Albuquerque, NM | $4,275,718 | $2,101,015 |
Capital Matrix Inc Boise, ID | $3,302,883 | $1,706,997 |