Tubac Chamber Of Commerce Inc
- Assets
- $60.1k
- Revenue
- $66.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Tubac, AZ
- Founding
- 06/2007
- Data as of
- 03/2021
- EIN
- 86-0426190
Organization Overview
Tubac Chamber Of Commerce Inc is located in Tubac, AZ. The organization was established in 2007. 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. Tubac Chamber Of Commerce Inc 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 03/2021, Tubac Chamber Of Commerce Inc generated $66.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (15.7%) each year. All expenses for the organization totaled $86.8k during the year ending 03/2021. As we would expect to see with falling revenues, expenses have declined by (13.0%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE TUBAC CHAMBER OF COMMERCE IS TO ENGAGE IN ALL ACTIVITIES RELATING TO THE PERPETUATION, PRESERVATION AND PROMOTION OF TUBAC AND ITS BUSINESS. PARTICULAR ATTENTION SHALL BE GIVEN TO THE ECONOMIC, CIVIC, COMMERCIAL, CULTURAL AND LOCAL HISTORIAL INTERESTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TUBAC CHAMBER OF COMMERCE HOSTED THE FEBRUARY 2020 TUBAC FINE ARTS FESTIVAL. THE FESTIVAL IS A 62-YEAR TRADITION AND SOUTHERN ARIZONAS LONGEST RUNNING ART FESTIVAL. OVER TWO HUNDRED ARTISTS LURE THOUSANDS OF VISITORS FROM ALL OVER THE WORLD TO SEE THE WORKS OF EXCEPTIONALLY TALENTED AND CREATIVE ARTISTS. THE FINE ARTS FESTIVAL BRINGS 70,000 VISITORS TO ENJOY THE FESTIVAL, LOCAL ARTS GALLERIES AND TO EXPERIENCE THE BEAUTY OF TUBAC.
THE TUBAC CHAMBER OF COMMERCE PARTICIPATED WITH OTHER LOCAL NON-PROFITS TO PRODUCE THE ART EXHIBIT JAVELINAS DE TUBAC. AFTER TWO YEARS OF PLANNING, FIFTY JAVELINAS ARRIVED IN TUBAC AND WERE DISTRIBUTED TO LOCAL ARTISTS FOR THEIR CREATIVE PAINTING AND EMBELLISHMENT. THE JAVELINAS THEN POSED THROUGHOUT COMMUNITY LOCATIONS. THE TWO-YEAR PROJECT CULMINATED WITH AN ONLINE SILENT AUCTION IN APRIL OF 2020 THAT RAISED FUNDS FOR LOCAL NON-PROFIT ORGANIZATIONS.ON A WARM AUTUMN EVENING, THE TUBAC CHAMBER HOSTED A DRIVE-IN MOVIE NIGHT FEATURING THE MOVIE TIN CUP. DRIVE IN MOVIE NIGHT WAS COMPLETE WITH POPCORN AND AN OLD-FASHIONED CONCESSION STAND. COMMUNITY SERVICE-ORIENTED RIO RICO HIGH SCHOOL STUDENTS HELPED THE TUBAC FIRE DISTRICT PARK CARS AND OPERATE THE CONCESSION STANDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gale Thomssen Secretary | OfficerTrustee | 20 | $0 |
Ivan R Dreschsler President | Officer | 20 | $0 |
Virginia Leavitt Treasurer | Officer | 20 | $0 |
Brent Nageli Director | Trustee | 20 | $0 |
Pat Aguilar Director | Trustee | 20 | $0 |
Cheryl Horvath Director | Trustee | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,673 |
| Investment income | $10 |
| 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 | $66,890 |
| 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. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $33,061 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,737 |
| 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 | $4,206 |
| Advertising and promotion | $27,276 |
| Office expenses | $789 |
| Information technology | $1,665 |
| Royalties | $0 |
| Occupancy | $6,187 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,545 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $446 |
| Insurance | $1,432 |
| All other expenses | $0 |
| Total functional expenses | $86,838 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,362 |
| Savings and temporary cash investments | $10,002 |
| 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 | $60,129 |
| Accounts payable and accrued expenses | $26,612 |
| 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 | $47,470 |
| Other liabilities | $0 |
| Total liabilities | $74,082 |
| 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 | -$13,953 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Scottsdale Convention And Vistors Bureau Inc Scottsdale, AZ | $8,006,659 | $12,242,411 |
Sustainable Apparel Coalition Inc Oakland, CA | $12,069,125 | $10,210,019 |
California Certified Public Accountants Foundation Burlingame, CA | $12,236,942 | $9,436,468 |
California Life Sciences Association San Diego, CA | $8,698,147 | $9,649,305 |
Monterey County Destination Monterey, CA | $3,905,890 | $8,986,983 |
Team San Jose San Jose, CA | $3,878,197 | $2,539,314 |
Mammoth Lakes Tourism Mammoth Lakes, CA | $11,084,402 | $8,902,762 |
D F A Of California Sacramento, CA | $11,390,800 | $8,118,200 |
Financial Planning Association Denver, CO | $6,740,399 | $8,225,248 |
Supima Tempe, AZ | $14,183,773 | $7,283,999 |
Western Growers Assn Irvine, CA | $76,133,560 | $13,363,556 |
Americas Physician Groups Los Angeles, CA | $5,253,898 | $7,497,719 |