Covina Chamber Of Commerce
- Assets
- $105.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Covina, CA
- Founding
- 11/1958
- Data as of
- 12/2022
- 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 12/2022, Covina Chamber Of Commerce generated $188.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $204.7k during the year ending 12/2022. While expenses have increased by 2.2% 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
2022
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 |
|---|---|---|---|
Dawn Nelson President & CEO | 40 | $69,362 | |
Donna Harstine Director | 2 | $0 | |
Gary Clifford Chairman | 1 | $0 | |
Mark Cook CFO | 2 | $0 | |
Charley Bell Director | 1 | $0 | |
Ted Dewitt Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $110,961 |
| Membership dues | $63,872 |
| Investment income | $11,531 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,609 |
| Total Revenue | $187,973 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $83,858 |
| Professional fees and other payments to independent contractors | $426 |
| Occupancy, rent, utilities, and maintenance | $6,000 |
| Printing, publications, postage, and shipping | $1,258 |
| Other expenses | $113,167 |
| Total expenses | $204,709 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $105,182 |
| Other assets | $0 |
| Total assets | $105,182 |
| Total liabilities | $7,306 |
| Net assets or fund balances | $97,876 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Covina Chamber Of Commerce has recieved totaling $1,345.
| Awarding Organization | Amount |
|---|---|
Joseph A And Katherine M Castuccifoundation West Covina, CA PURPOSE: GENERAL CONTRIBUTION | $1,345 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Thunderbirds Phoenix, AZ | $33,696,955 | $84,390,943 |
California Travel And Tourism Commission Sacramento, CA | $86,955,324 | $75,852,594 |
Semi Milpitas, CA | $100,332,447 | $57,588,828 |
San Diego County Capital Asset Leasing Corporation San Diego, CA | $104,250,616 | $41,735,289 |
Western States Petroleum Association Sacramento, CA | $8,481,739 | $30,827,581 |
Iapmo Research And Testing Inc Ontario, CA | $11,214,766 | $46,736,492 |
Specialty Equipment Market Association Diamond Bar, CA | $151,136,909 | $20,614,542 |
California Dental Association Sacramento, CA | $252,495,901 | $15,890,513 |
Chinatown Service Center Los Angeles, CA | $26,778,687 | $27,867,616 |
Sag-Aftra & Industry Sound Recordings Distribution Fund Valley Village, CA | $48,142,351 | $13,604,136 |
Electric & Gas Industries Association Sacramento, CA | $14,735,713 | $15,175,016 |
American Pistachio Growers Fresno, CA | $11,494,323 | $15,365,842 |