Castro Valley Chamber Of Commerce Inc
- Assets
- $96.6k
- Revenue
- $111.5k
- Investments
- $0.0
- Employees
- 2
- Location
- Castro Valley, CA
- Founding
- 03/1983
- Data as of
- 12/2021
- EIN
- 94-1321044
Organization Overview
Castro Valley Chamber Of Commerce Inc is located in Castro Valley, CA. The organization was established in 1983. 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 12/2021, Castro Valley Chamber Of Commerce Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Castro Valley 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 12/2021, Castro Valley Chamber Of Commerce Inc generated $111.5k 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 (9.0%) each year. All expenses for the organization totaled $46.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (20.0%) 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
TO LEAD OUR LOCAL COMMUNITY TOWARDS SUSTAINABLE ECONOMIC GROWTH AND ADVOCATE TOWARDS A PROBUSINESS CLIMATE FOR OUR MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
FALL FESTIVAL - AN ANNUAL COMMUNITY FESTIVAL FOR LOCAL BUSINESSES, NON-PROFITS AND COMMUNITY MEMBERS TO SHOWCASE THEIR PRODUCTS, ARTS & CRAFTS AND SERVICES IN A A LOCALLY STAGED COMMUNITY EVENT. THE FESTIVAL PROVIDES AN APPORTUNITY FOR OUR UNINCORPORATED ALAMEDA COUNTY AREA TO GATHER, LEARN AND ENJOY ABOUT OUR COMMUNITY'S TALENTS AND WHAT IT HAS TO OFFER. DUE TO GLOBAL PANDEMIC AND CDC GUIDANCE PROTOCOLS, THIS EVENT WAS CANCELED AND OFFERED VIRTUALLY IN 2021.
WINTER FEST - ANNUAL EVENT WHERE PARTICIPANTS CAN REPRESENT ALL DIFFERENT INTERESTS GROUPS AND BUSINESSES THAT REPRESENT COMMUNITY. THE EVENT ALSO PROMOTES AWARENES WITH LOCAL LAW ENFORCEMENT AND GOVERNMENT AGENCIES DURING THE HOLIDAYS. DUE TO GLOBAL PANDEMIC AND CDC GUIDANCE PROTOCOLS, THIS EVENT WAS CANCELED AND OFFERED VIRTUALLY IN 2021.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Castle Past President | Officer | 2 | $0 |
Parvin Ahmadi Vice President | Trustee | 2 | $0 |
Pat Hodges Director | Trustee | 2 | $0 |
Ian Bryzek Director | Trustee | 2 | $0 |
Susan Mccue Director | Trustee | 2 | $0 |
Hans Cho Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $50,736 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $41,755 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,755 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $111,246 |
| Total Program Service Revenue | $0 |
| Investment income | $263 |
| 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 | $111,509 |
| 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 | $857 |
| Compensation of current officers, directors, key employees. | $17,830 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,963 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,547 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,584 |
| Office expenses | $4,752 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,343 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,785 |
| All other expenses | $606 |
| Total functional expenses | $46,552 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $37,327 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $59,276 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $96,603 |
| Accounts payable and accrued expenses | $30 |
| Grants payable | $0 |
| Deferred revenue | $4,420 |
| 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 | $4,450 |
| 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 | $92,153 |
| Total liabilities and net assets/fund balances | $96,603 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Castro Valley Chamber Of Commerce Inc has recieved totaling $8,800.
| Awarding Organization | Amount |
|---|---|
Sutter Bay Medical Foundation Sacramento, CA PURPOSE: PROGRAM SUPPORT | $8,800 |
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 |
Portland Business Alliance Portland, OR | $2,909,182 | $8,830,293 |
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 |
Northwest Power Pool Portland, OR | $3,491,594 | $6,118,374 |
Supima Tempe, AZ | $14,183,773 | $7,283,999 |
Western Growers Assn Irvine, CA | $76,133,560 | $13,363,556 |