Lodi District Chamber Of Commerce Inc is located in Lodi, CA. The organization was established in 1935. 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 12/2023, Lodi District Chamber Of Commerce Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lodi District 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 12/2023, Lodi District Chamber Of Commerce Inc generated $942.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $890.4k during the year ending 12/2023. While expenses have increased by 1.3% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE THE CITY OF LODI INCLUDING THE BUSINESSES, INDUSTRIES AND RESIDENTS OF NORTHERN SAN JOAQUIN COUNTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHAMBER OF COMMERCE PROMOTES THE CITY OF LODI AND THE BUSINESSES, INDUSTRIES AND RESIDENTS OF NORTHERN SAN JOAQUIN COUNTY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mike Caldani Director | Trustee | $0 | |
Matt Tresi Director | Trustee | $0 | |
Summer Oennino Director | Trustee | $0 | |
Pete Murdaca Director | Trustee | $0 | |
Bob Colarossi Director | Trustee | $0 | |
Rebecca Towell Director | Trustee | $0 |
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 | $930,016 |
Investment income | $45 |
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 | $70 |
Miscellaneous Revenue | $0 |
Total Revenue | $942,145 |
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. | $102,160 |
Compensation of current officers, directors, key employees. | $25,540 |
Compensation to disqualified persons | $60,547 |
Other salaries and wages | $136,881 |
Pension plan accruals and contributions | $8,839 |
Other employee benefits | $0 |
Payroll taxes | $29,266 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,647 |
Fees for services: Accounting | $10,204 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $84,904 |
Advertising and promotion | $68,446 |
Office expenses | $51,413 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $12,749 |
Travel | $580 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $7,664 |
Interest | $10,035 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $13,531 |
Insurance | $35,243 |
All other expenses | $40,581 |
Total functional expenses | $890,409 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $299,753 |
Savings and temporary cash investments | $0 |
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 | $1,650 |
Net Land, buildings, and equipment | $318,922 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $7,014 |
Total assets | $627,339 |
Accounts payable and accrued expenses | $7,667 |
Grants payable | $0 |
Deferred revenue | $21,747 |
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 | $167,701 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $7,014 |
Total liabilities | $204,129 |
Net assets without donor restrictions | $423,210 |
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 | $627,339 |