Greater Lakeport Chamber Of Commerce Incorporated
- Assets
- $96.3k
- Revenue
- $238.7k
- Investments
- $0.0
- Employees
- 3
- Location
- Lakeport, CA
- Founding
- 01/1993
- Data as of
- 06/2021
- EIN
- 68-0159445
Organization Overview
Greater Lakeport Chamber Of Commerce Incorporated is located in Lakeport, CA. The organization was established in 1993. 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. As of 06/2021, Greater Lakeport Chamber Of Commerce Incorporated employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Lakeport Chamber Of Commerce Incorporated 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, Greater Lakeport Chamber Of Commerce Incorporated generated $238.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $239.9k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE ECONOMIC VITALITY AND PROSPERITY OF OUR REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MARKETING - INCREASE TOURISM THROUGH MARKETING, PROMOTING LOCAL EVENTS AND BUSINESSES.
EVENTS - TO PROMOTE THE ECONOMIC VITALITY AND PROSPERITY OF OUR REGION BY CREATING EVENTS THAT SHOWCASE LOCAL BUSINESSES, CREATE NETWORKING OPPPORTUNITIES, AND RAISE FUNDS TO BOOST THE LOCAL ECONOMY.
CTA - CERTIFIED TOURISM AMBASSADOR PROGRAM. CERTIFICATION PROGRAM TO TRAIN LOCAL RESIDENTS, BUSINESS OWNERS AND EMPLOYEES OF THE HISTORY AND UNIQUE RECREATIONAL ATTRACTIONS OF LAKE COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Fulton CEO | Officer | 40 | $42,403 |
Bobby Dutcher President | Officer | 4 | $0 |
Diane Plante CFO | Officer | 2 | $0 |
Jeff Warrenburg Director | Trustee | 2 | $0 |
Amanda Martin Director | Trustee | 2 | $0 |
Jim Magliulo Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $147,699 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $238,734 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $42,403 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $57,331 |
| Pension plan accruals and contributions | $5,039 |
| Other employee benefits | $0 |
| Payroll taxes | $27,672 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,245 |
| Advertising and promotion | $809 |
| Office expenses | $1,846 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,875 |
| Travel | $563 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,098 |
| All other expenses | $0 |
| Total functional expenses | $239,919 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,751 |
| Savings and temporary cash investments | $47,506 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $96,257 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $96,257 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Greater Lakeport Chamber Of Commerce Incorporated has recieved totaling $7,114.
| Awarding Organization | Amount |
|---|---|
Adventist Health Clearlake Hospital Inc Clearlake, CA PURPOSE: Meals on Wheels Program | $7,114 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Thunderbirds Phoenix, AZ | $33,696,955 | $84,390,943 |
California Travel And Tourism Commission Sacramento, CA | $86,955,324 | $75,852,594 |
Semi Milpitas, CA | $100,332,447 | $57,588,828 |
San Diego County Capital Asset Leasing Corporation San Diego, CA | $104,250,616 | $41,735,289 |
Western States Petroleum Association Sacramento, CA | $8,481,739 | $30,827,581 |
Iapmo Research And Testing Inc Ontario, CA | $11,214,766 | $46,736,492 |
Specialty Equipment Market Association Diamond Bar, CA | $151,136,909 | $20,614,542 |
California Dental Association Sacramento, CA | $252,495,901 | $15,890,513 |
Chinatown Service Center Los Angeles, CA | $26,778,687 | $27,867,616 |
Sag-Aftra & Industry Sound Recordings Distribution Fund Valley Village, CA | $48,142,351 | $13,604,136 |
Electric & Gas Industries Association Sacramento, CA | $14,735,713 | $15,175,016 |
American Pistachio Growers Fresno, CA | $11,494,323 | $15,365,842 |