San Diego Regional Chamber Of Commerce
- Assets
- $5.5m
- Revenue
- $4.5m
- Investments
- $0.0
- Employees
- 24
- Location
- San Diego, CA
- Founding
- 01/1943
- Data as of
- 12/2021
- EIN
- 95-1184680
Organization Overview
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 12/2021, San Diego Regional Chamber Of Commerce employed 24 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 12/2021, San Diego Regional Chamber Of Commerce generated $4.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $3.9m during the year ending 12/2021. 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
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.
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 |
|---|---|---|---|
Jerry Sanders President & CEO | Officer | 40 | $271,154 |
Jaymie Bradford Coo, Executive VP | Officer | 40 | $180,000 |
Sherman Stocker Corporate Relations Manage | 40 | $171,825 | |
Stefanie Benvenuto Vice President, Public Aff | 40 | $145,000 | |
Dana Stafford Exec Director, Operations | 40 | $115,000 | |
Grace Tayama Member Relations Manager | 40 | $109,101 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,461,178 |
| Fundraising events | $909,698 |
| Related organizations | $0 |
| Government grants | $490,580 |
| All other contributions, gifts, grants, and similar amounts not included above | $203,850 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,065,306 |
| Total Program Service Revenue | $9,964 |
| Investment income | $6,721 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $620,871 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$178,035 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,524,827 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,399 |
| 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. | $1,094,111 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,236,085 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $277,454 |
| Payroll taxes | $159,594 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $426 |
| 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 | $311,191 |
| Advertising and promotion | $780 |
| Office expenses | $29,435 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $279,229 |
| Travel | $31,896 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $649 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $85,134 |
| Insurance | $36,431 |
| All other expenses | $54,620 |
| Total functional expenses | $3,909,039 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,008,451 |
| Savings and temporary cash investments | $3,000,929 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $131,619 |
| 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 | $151,244 |
| Net Land, buildings, and equipment | $159,408 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,451,651 |
| Accounts payable and accrued expenses | $804,268 |
| Grants payable | $0 |
| Deferred revenue | $619,215 |
| 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 | $180,713 |
| Total liabilities | $1,604,196 |
| Net assets without donor restrictions | $3,847,455 |
| 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 | $5,451,651 |
Grants Awarded
Over the last fiscal year, San Diego Regional Chamber Of Commerce has awarded $9,246 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
San Diego, CA PURPOSE: TO ASSIST LEAD IN BUILDING COMMUNITY THROUGH PEOPLE - ENHANCING THEIR PERSONAL & ORGANIZATIONAL SUCCESS THAT ALIGN WITH THEIR MISSION. | $3,500 |
San Diego, CA PURPOSE: UNRESTRICTED GRANT TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | $2,000 |
LINCOLN CLUB OF SAN DIEGO PURPOSE: UNRESTRICTED GRANT TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | $1,500 |
CONNECTED WOMEN OF INFLUENCE PURPOSE: UNRESTRICTED GRANT TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | $1,100 |
San Diego, CA PURPOSE: UNRESTRICTED GRANT TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | $1,000 |
San Diego, CA PURPOSE: UNRESTRICTED GRANT TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE | $146 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that San Diego Regional Chamber Of Commerce has recieved totaling $26,500.
| Awarding Organization | Amount |
|---|---|
Union Of Pan Asian Communities San Diego, CA PURPOSE: SPONSORSHIP/DONATION | $26,500 |
Endowment Analysis
| Beg. Balance | $43,998 |
| Net Contributions | $62,500 |
| Grants | $59,622 |
| Ending Balance | $46,876 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Los Angeles Tourism & Convention Board Los Angeles, CA | $19,187,650 | $21,164,251 |
Orange County Realtors Laguna Hills, CA | $11,666,397 | $12,107,704 |
Anaheim Area Visitor And Convention Bureau Anaheim, CA | $14,446,478 | $12,147,236 |
Metropolitan Tucson Convention And Visitors Bureau Tucson, AZ | $11,117,181 | $12,905,654 |
Visit Newport Beach Inc Newport Beach, CA | $8,210,060 | $9,447,693 |
Santa Barbara Conference And Visitors Bureau Santa Barbara, CA | $2,275,165 | $7,251,776 |
Arizona Association Of Realtors Phoenix, AZ | $41,549,602 | $11,298,614 |
Los Angeles Area Chamber Of Commerce Los Angeles, CA | $7,562,162 | $6,083,780 |
Sacramento Convention And Visitors Bureau Sacramento, CA | $12,491,564 | $12,454,571 |
Greater Las Vegas Chamber Of Commerce Inc Las Vegas, NV | $11,964,032 | $6,654,752 |
Engineering & Utility Contractors Association San Ramon, CA | $6,057,921 | $5,434,926 |
Better Business Bureau Inc San Leandro, CA | $5,371,959 | $5,607,401 |