Running Springs Area Chamber Of Commerce
- Assets
- $120.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Running Springs, CA
- Founding
- 08/2001
- Data as of
- 06/2023
- EIN
- 58-2521219
Organization Overview
Running Springs Area Chamber Of Commerce is located in Running Springs, CA. The organization was established in 2001. 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. Running Springs Area 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 06/2023, Running Springs Area Chamber Of Commerce generated $135.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $85.1k during the year ending 06/2023. While expenses have increased by 15.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Somes President | 6 | $0 | |
Mike Lee Vice President/treasurer | 4 | $0 | |
Stephanie Burrows Secretary | 1 | $0 | |
Sherry Bridgeford Office Administrator | 20 | $9,952 | |
Cathy Clemens Director | 1 | $0 | |
Jordan Zarate Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,660 |
| Total Program Service Revenue | $43,596 |
| Membership dues | $15,126 |
| Investment income | $28 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $135,410 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $13,336 |
| Professional fees and other payments to independent contractors | $1,535 |
| Occupancy, rent, utilities, and maintenance | $3,534 |
| Printing, publications, postage, and shipping | $10,041 |
| Other expenses | $56,672 |
| Total expenses | $85,118 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $116,183 |
| Other assets | $0 |
| Total assets | $120,296 |
| Total liabilities | $51 |
| Net assets or fund balances | $120,245 |