Santa Fe Chamber Of Commerce is located in Santa Fe, NM. The organization was established in 1942. 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 06/2022, Santa Fe Chamber Of Commerce employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Santa Fe 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 06/2022, Santa Fe Chamber Of Commerce generated $440.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $439.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 4 years. 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 PROMOTE COMMERCE AND INDUSTRY IN SANTA FE COUNTY, SANTA FE, NEW MEXICO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP SERVICES ~ PARTICIPATION IN VARIOUS EVENTS INCLUDING BUT NOT LIMITED TO: ANNUAL AWARDS BANQUET, ANNUAL BUSINESS EXPO AND JOB FAIR; VARIOUS LUNCHEONS; ANNUAL GOLF TOURNAMENTS AND VARIOUS NETWORKING EVENTS INCLUDING A LEGISLATIVE RECEPTION. APPROXIMATE MEMBERS WERE 591 IN 2021- 2022.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Resnick Chair | OfficerTrustee | 4 | $0 |
Steve Johnson Treasurer | OfficerTrustee | 3 | $0 |
Matthew Jaramillo Vice-Chair | OfficerTrustee | 0.5 | $0 |
Stephanie Graham Vice-Chair | OfficerTrustee | 0.5 | $0 |
Rikke Lee Chavez Vice-Chair | OfficerTrustee | 0.5 | $0 |
Anne Kain Vice-Chair | OfficerTrustee | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $20,685 |
| Related organizations | $0 |
| Government grants | $42,260 |
| 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 | $62,945 |
| Total Program Service Revenue | $377,579 |
| 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 | $376 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $440,900 |
| 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. | $80,717 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $155,408 |
| Pension plan accruals and contributions | $4,387 |
| Other employee benefits | $28,400 |
| Payroll taxes | $18,143 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,412 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,961 |
| Advertising and promotion | $4,987 |
| Office expenses | $24,477 |
| Information technology | $1,192 |
| Royalties | $0 |
| Occupancy | $32,541 |
| Travel | $187 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $56,079 |
| Interest | $870 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,848 |
| All other expenses | $0 |
| Total functional expenses | $439,695 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $96,557 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $97,988 |
| 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 | $6,824 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,736 |
| Total assets | $204,105 |
| Accounts payable and accrued expenses | $8,676 |
| Grants payable | $0 |
| Deferred revenue | $159,902 |
| 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 | $168,578 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $35,527 |
| Total liabilities and net assets/fund balances | $204,105 |