Coloma Lotus Business Council
- Assets
- $30.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Coloma, CA
- Founding
- 07/2018
- Data as of
- 12/2021
- EIN
- 82-3514077
Organization Overview
Coloma Lotus Business Council is located in Coloma, CA. The organization was established in 2018. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, 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. Coloma Lotus Business Council 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 12/2021, Coloma Lotus Business Council generated $16.7k 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 (4.5%) each year. All expenses for the organization totaled $32.4k during the year ending 12/2021. 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 |
|---|---|---|---|
Howard Penn President | 2.5 | $0 | |
Christina Cavanaugh Treasurer | 1 | $0 | |
Daniella Faieta Secretary | 1 | $0 | |
Trish Tratos Director | 1 | $0 | |
Kathleen Ash Director | 1 | $0 | |
Kathy Fargo Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,037 |
| Total Program Service Revenue | $7,460 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $16,668 |
| 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 | $17,321 |
| Occupancy, rent, utilities, and maintenance | $3,292 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,796 |
| Total expenses | $32,409 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,315 |
| Other assets | $0 |
| Total assets | $30,315 |
| Total liabilities | $0 |
| Net assets or fund balances | $30,315 |
Peer Organizations
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|---|---|---|
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Businesses United In Investing Lending And Development Redwood City, CA | $15,281,937 | $16,419,583 |
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All Raise San Francisco, CA | $16,909,959 | $6,096,804 |
Forth Portland, OR | $1,266,604 | $3,911,296 |
Authorized Taxicab Supervision Inc Los Angeles, CA | $2,022,494 | $4,283,831 |
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Worldatwork Society Of Certified Professionals Scottsdale, AZ | $12,717,541 | $3,104,582 |
National Center For Employee Ownership Oakland, CA | $2,735,195 | $3,448,060 |
Better Business Bureau Of Sacramento Sacramento, CA | $4,950,404 | $3,352,170 |
Energistics Consortium Inc San Francisco, CA | $518,528 | $1,283,744 |
Scottsdale Charros Inc Scottsdale, AZ | $769,007 | $2,658,140 |