Alameda Chamber Foundation is located in Alameda, CA. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alameda Chamber Foundation 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, Alameda Chamber Foundation generated $25.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (48.6%) each year. All expenses for the organization totaled $48.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO CREATE A VIBRANT, DIVERSE COMMUNITY BY CHAMPIONING ALAMEDA BUSINESS, CONVENING LEADERS TO CREATE EDUCATIONAL OPPORTUNITIES, ADVOCATING FOR GROWTH, AND ACTING AS A CATALYST FOR CHANGE.TO PROVIDE 16 SCHOLARSHIPS TO HIGH SCHOOL SENIORS IN ALAMEDA AND TO PROVIDE $5,000 GRANTS TO 3 NONPROFIT ORGANIZATIONS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Lux President | 0 | $0 | |
Madlen Saddik Secretary | 0 | $0 | |
Robert Dowd Treasurer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $203 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $25,203 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $739 |
| Total expenses | $48,739 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,631 |
| Other assets | $0 |
| Total assets | $56,631 |
| Total liabilities | $0 |
| Net assets or fund balances | $56,631 |