Chamber Foundation is located in Bellevue, WA. The organization was established in 1992. 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. 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 07/2022, Chamber Foundation generated $1.3k 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 (27.0%) each year. All expenses for the organization totaled $11.5k during the year ending 07/2022. 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
PROVIDING SCHOLARSHIPS AND GRANT MONEY TO BOTH LOCAL STUDENTS AND TEACHERS IN ORDER TO FURTHER OPPORTUNITIES FOR EDUCATION IN THE COMMUNITY.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Fain President, C | 0.5 | $0 | |
John Roehm Treasurer | 0.5 | $0 | |
Penny Milliken Chair | 0.5 | $0 | |
Sue Deflorio Member | 0.5 | $0 | |
Chris M Falco CPA Cbi Cmaa Member | 0.5 | $0 | |
Azmeena Hasham Member | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,275 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,290 |
| 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 | $2,573 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,290 |
| Total expenses | $11,463 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,019 |
| Other assets | $0 |
| Total assets | $61,019 |
| Total liabilities | $164 |
| Net assets or fund balances | $60,855 |