Mountain View Chamber Of Commerce Foundation Inc
- Assets
- $180.7k
- Revenue
- $231.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Mountain View, CA
- Founding
- 04/1994
- Data as of
- 12/2022
- EIN
- 77-0202338
Organization Overview
Mountain View Chamber Of Commerce Foundation Inc is located in Mountain View, CA. The organization was established in 1994. According to its NTEE Classification (O40) the organization is classified as: Scouting, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mountain View Chamber Of Commerce Foundation Inc 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 12/2022, Mountain View Chamber Of Commerce Foundation Inc generated $231.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $150.3k during the year ending 12/2022. While expenses have increased by 4.1% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP SUPPORT STUDENT AND ADULT EDUCATION THROUGH SCHOLARSHIPS, MENTORING AND LEADERSHIP DEVELOPMENT PROGRAMS. OUR PROGRAMS ARE DIRECTED SPECIFICALLY TO PEOPLE WHO LIVE AND WORK IN MOUNTAIN VIEW.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEADERSHIP MOUNTAIN VIEW (LMV) IS DESIGNED TO CONNECT MOUNTAIN VIEW COMMUNITY MEMBERS, ENHANCE THEIR LEADERSHIP SKILLS, AND INSPIRE THEM TO BE ACTIVE AND INFORMED COMMUNITY LEADERS.
LOVE MOUNTAIN VIEW IS THE ON-LINE VISITOR CENTER FOR THE CITY OF MOUNTAIN VIEW. OUR ILOVEMV WRITER IS COMMITTED TO EDUCATING THE COMMUNITY, BOTH RESIDENTS AND VISITORS, ABOUT MOUNTAIN VIEW, CALIFORNIA.
THE MISSION OF SCHOLARSHIP MOUNTAIN VIEW, (SMV) IS TO ENABLE HARD-WORKING, DEDICATED STUDENTS WHO HAVE DEMONSTRATED: ACADEMIC SUCCESS, THE ABILITY TO OVERCOME OBSTACLES, A PASSION FOR SERVING OTHERS, A DRIVE TO BE A PERSON OF IMPACT ON THEIR WORLD AND BEYOND TO REACH THEIR GOAL OF HIGHER EDUCATION.
AVID STUDENT MENTORING PROMOTES THE BUSINESS COMMUNITY AND HELP SUPPORT THE UNIQUE AND VIBRANT QUALITY OF LIFE IN MOUNTAIN VIEW. THE CHAMBER HOSTS AVID STUDENT INTERNS TWICE A YEAR (SPRING AND WINTER) TO FACILITATE ENGAGEMENT WITH THE BUSINESS COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Katz Secretary | OfficerTrustee | 1 | $0 |
Lynne Hansen President | OfficerTrustee | 1 | $0 |
Tim Bieser Director | Trustee | 1 | $0 |
Mike Kasperzak Treasurer | OfficerTrustee | 1 | $0 |
Ismael Islas Director | Trustee | 1 | $0 |
Cecile Currier Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $14,115 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $168,784 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $182,899 |
| Total Program Service Revenue | $48,082 |
| 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 | $230,981 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $57,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $36,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,980 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $579 |
| Advertising and promotion | $0 |
| Office expenses | $586 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $36,000 |
| Travel | $0 |
| 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 | $0 |
| All other expenses | $16,147 |
| Total functional expenses | $150,292 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $180,706 |
| Savings and temporary cash investments | $0 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $180,706 |
| 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 | $164,206 |
| Net assets with donor restrictions | $16,500 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $180,706 |