Colton Chamber Of Commerce is located in Colton, CA. The organization was established in 1942. 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. Colton Chamber Of Commerce 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 06/2024, Colton Chamber Of Commerce generated $56.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $53.5k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 8 years. 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
2024
Describe the Organization's Program Activity:
Part 3
PROMOTED ECONOMIC DEVELOPMENT AND GOOD BUSINESS COMMUNITY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Chilstrom President | 4 | $0 | |
Arnise Dejohnette Treasurer | 4 | $0 | |
Shelly Burnach Vice President | 4 | $0 | |
Leslie Stevens Director | 2 | $0 | |
Marcos Mata Director | 2 | $0 | |
Jackie Mitchell Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $26,210 |
| Membership dues | $5,700 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $24,332 |
| Other Revenue | $0 |
| Total Revenue | $56,242 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $21,902 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $31,569 |
| Total expenses | $53,471 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,850 |
| Other assets | $0 |
| Total assets | $16,476 |
| Total liabilities | $126 |
| Net assets or fund balances | $16,350 |