San Diego Regional Chamber Of Commerce is located in San Diego, CA. The organization was established in 1943. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, San Diego Regional Chamber Of Commerce employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. San Diego Regional 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 12/2023, San Diego Regional Chamber Of Commerce generated $4.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $4.1m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, San Diego Regional Chamber Of Commerce has awarded 29 individual grants totaling $598,346. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SERVICES THAT WILL PROMOTE A POSITIVE AND BALANCED BUSINESS CLIMATE IN SAN DIEGO
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SERVICES AND EVENTS THAT WILL PROMOTE A POSITIVE BUSINESS CLIMATE IN THE SAN DIEGO, CA REGION.
PROMOTE CROSS-BORDER ECONOMIC GROWTH.
OPERATE PROGRAMS PRIMARILY TO HELP SMALL BUSINESS.
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Lisa Kay Chair | OfficerTrustee | 1 | $0 | 
| Alessandra Lezama Vice Chair | Trustee | 1 | $0 | 
| Adel Hagekhalil Director | Trustee | 1 | $0 | 
| Alberto Mier Y Teran Director | Trustee | 1 | $0 | 
| Benjamin Haddad Director | Trustee | 1 | $0 | 
| Betsy Brennan Director | Trustee | 1 | $0 | 
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 | 
| Membership dues | $2,544,306 | 
| Fundraising events | $1,444,174 | 
| Related organizations | $0 | 
| Government grants | $627,000 | 
| All other contributions, gifts, grants, and similar amounts not included above | $112,450 | 
| Noncash contributions included in lines 1a–1f | $0 | 
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,727,930 | 
| Total Program Service Revenue | $1,395 | 
| Investment income | $225,604 | 
| Tax Exempt Bond Proceeds | $0 | 
| Royalties | $28,296 | 
| Net Rental Income | $0 | 
| Net Gain/Loss on Asset Sales | $0 | 
| Net Income from Fundraising Events | -$523,508 | 
| Net Income from Gaming Activities | $0 | 
| Net Income from Sales of Inventory | $0 | 
| Miscellaneous Revenue | $0 | 
| Total Revenue | $4,459,717 | 
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $262,876 | 
| 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. | $1,280,373 | 
| Compensation of current officers, directors, key employees. | $0 | 
| Compensation to disqualified persons | $0 | 
| Other salaries and wages | $1,051,501 | 
| Pension plan accruals and contributions | $0 | 
| Other employee benefits | $275,692 | 
| Payroll taxes | $171,308 | 
| Fees for services: Management | $0 | 
| Fees for services: Legal | $31,930 | 
| Fees for services: Accounting | $0 | 
| Fees for services: Lobbying | $0 | 
| Fees for services: Fundraising | $0 | 
| Fees for services: Investment Management | $0 | 
| Fees for services: Other | $221,633 | 
| Advertising and promotion | $0 | 
| Office expenses | $54,543 | 
| Information technology | $0 | 
| Royalties | $0 | 
| Occupancy | $270,483 | 
| Travel | $53,306 | 
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 | 
| Conferences, conventions, and meetings | $4,623 | 
| Interest | $0 | 
| Payments to affiliates | $0 | 
| Depreciation, depletion, and amortization | $38,488 | 
| Insurance | $32,178 | 
| All other expenses | $66,708 | 
| Total functional expenses | $4,137,996 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,732,478 | 
| Savings and temporary cash investments | $3,167,253 | 
| Pledges and grants receivable | $0 | 
| Accounts receivable, net | $251,376 | 
| 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 | $96,194 | 
| Net Land, buildings, and equipment | $152,417 | 
| Investments—publicly traded securities | $0 | 
| Investments—other securities | $0 | 
| Investments—program-related | $0 | 
| Intangible assets | $2,320,685 | 
| Other assets | $0 | 
| Total assets | $7,720,403 | 
| Accounts payable and accrued expenses | $480,532 | 
| Grants payable | $0 | 
| Deferred revenue | $434,035 | 
| 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 | $2,615,089 | 
| Total liabilities | $3,529,656 | 
| Net assets without donor restrictions | $4,190,747 | 
| 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 | $7,720,403 | 
Over the last fiscal year, San Diego Regional Chamber Of Commerce has awarded $188,750 in support to 15 organizations.
| Grant Recipient | Amount | 
|---|---|
| GREATER ESCONDIDO CHAMBER OF COMMERCE PURPOSE: UNRESTRICTED GRANT TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | $12,500 | 
| ASIAN BUSINESS ASSOCIATION PURPOSE: UNRESTRICTED GRANT TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | $8,250 | 
| CENTRAL SAN DIEGO BLACK CHAMBER OF COMMERCE PURPOSE: UNRESTRICTED GRANT TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | $7,500 | 
| LITTLE SAIGON SAN DIEGO FOUNDATION PURPOSE: UNRESTRICTED GRANT TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | $9,000 | 
| SOUTHERN CALIFORNIA CENTER FOR INCLUSION AND DIVERSITY PURPOSE: UNRESTRICTED GRANT TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | $12,500 | 
| NIKKI BUBOHA DBA AMERICA'S THAI CHAMBER PURPOSE: UNRESTRICTED GRANT TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | $6,500 |