Covina Chamber Of Commerce
- Assets
- $107.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Covina, CA
- Founding
- 11/1958
- Data as of
- 12/2023
- EIN
- 95-1604946
Organization Overview
Covina Chamber Of Commerce is located in Covina, CA. The organization was established in 1958. 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. Covina 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, Covina Chamber Of Commerce generated $185.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $182.8k during the year ending 12/2023. While expenses have increased by 0.2% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE COVINA CHAMBER OF COMMERCE PROVIDES THE BUSINESS COMMUNITY THE OPPORTUNITY TO MAXIMIZE THEIR GROWTH, IMPROVE THEIR VISIBILITY AND PROVIDE A HEALTHY BUSINESS ENVIRONMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna Harstine Director | 2 | $0 | |
Mark Cook CFO | 2 | $0 | |
Gary Clifford Chairman | 1 | $0 | |
Charley Bell Director | 1 | $0 | |
Ted Dewitt Director | 1 | $0 | |
Paul Gastelum Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $104,970 |
| Membership dues | $63,502 |
| Investment income | $16,748 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $588 |
| Total Revenue | $185,808 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $86,471 |
| Professional fees and other payments to independent contractors | $440 |
| Occupancy, rent, utilities, and maintenance | $6,000 |
| Printing, publications, postage, and shipping | $430 |
| Other expenses | $89,479 |
| Total expenses | $182,820 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $107,264 |
| Other assets | $0 |
| Total assets | $107,264 |
| Total liabilities | $6,400 |
| Net assets or fund balances | $100,864 |