Parker Area Chamber Of Commerce Foundation
- Assets
- $67.2k
- Revenue
- $193.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Parker, CO
- Founding
- 04/2018
- Data as of
- 12/2022
- EIN
- 82-4988361
Organization Overview
Parker Area Chamber Of Commerce Foundation is located in Parker, CO. The organization was established in 2018. 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. Parker Area Chamber Of Commerce Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PURPOSES SHALL BE (I) TO FOSTER COMMUNITY IMPROVEMENT, NURTURE PHILANTHROPY, PROVIDE SERVICE TO THE BENEFIT OF AREA CITIZENS, IMPROVE EDUCATION, AND SUPPORT THE DEVELOPMENT OF COMMUNITY LEADERS IN THE PARKER, COLORADO AREA; AND (II) TO ENCOURAGE ACTIVE PARTICIPATION IN SOCIAL, COMMERCIAL, CIVIC, GOVERNMENTAL, AND INDUSTRIAL IMPROVEMENT. THE CORPORATION MAY FURTHER ENGAGE IN ANY LAWFUL ACT OR ACTIVITY FOR WHICH NONPROFIT CORPORATIONS MAY BE ORGANIZED UNDER THE COLORADO REVISED NONPROFIT CORPORATION ACT. TO ENABLE THE CORPORATION TO CARRY OUT SUCH PURPOSES, IT SHALL HAVE THE POWER TO DO ANY AND ALL LAWFUL ACTS AND TO ENGAGE IN ANY AND ALL LAWFUL ACTIVITIES, DIRECTLY OR INDIRECTLY, ALONE OR IN CONJUNCTION WITH OTHERS, THAT MAY BE NECESSARY, PROPER, OR SUITABLE FOR THE ATTAINMENT OF ANY OF THE PURPOSES FOR WHICH THE CORPORATION IS ORGANIZED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO FOSTER COMMUNITY IMPROVEMENT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tierney Aldrige Board Member | Trustee | 2 | $0 |
Greg Anderson Vice Chair | OfficerTrustee | 4 | $0 |
Clare Huspeni Board Member | Trustee | 2 | $0 |
Joseph Sandoval Secreatary/t | OfficerTrustee | 4 | $0 |
Brian Taylor Chair | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| 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 | $193,511 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $193,511 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $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 | $56,185 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,465 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $45 |
| Office expenses | $181 |
| Information technology | $443 |
| Royalties | $0 |
| Occupancy | $3,420 |
| 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 | $1,047 |
| All other expenses | $0 |
| Total functional expenses | $68,851 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,213 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $21,000 |
| 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 | $67,213 |
| 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 | $67,213 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $67,213 |