La Canada Flintridge Chamber Of Commerce And Community Association
- Assets
- $154.5k
- Revenue
- $233.4k
- Investments
- $0.0
- Employees
- 4
- Location
- La Canada Flintridge, CA
- Founding
- 11/1972
- Data as of
- 12/2021
- EIN
- 95-2284605
Organization Overview
La Canada Flintridge Chamber Of Commerce And Community Association is located in La Canada Flintridge, CA. The organization was established in 1972. 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. As of 12/2021, LA Canada Flintridge Chamber Of Commerce And Community Association employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. LA Canada Flintridge Chamber Of Commerce And Community Association 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, LA Canada Flintridge Chamber Of Commerce And Community Association generated $233.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $188.1k 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
TO PROMOTE THE COMMERCIAL, RESIDENTIAL, CIVIC AND ECONOMIC INTERESTS OF LA CANADA FLINTRIDGE, AND OTHER CUSTOMARY FUNCTIONS OF A CHAMBER OF COMMERCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLISHED AND DISTRIBUTED A COMPLIMENTARY QUARTERLY NEWSLETTER TO OVER 8600 RESIDENTIAL AND BUSINESS ADDRESSES TO PROMOTE,EDUCATE, AND PROTECT THE INTERESTS OF BUSINESSES, RESIDENTS, AND LOCAL GOVERNMENT IN THE CITY OF LA CANADA.
HELD MONTHLY MEETINGS TO DISCUSS CHAMBER, AND OTHER MATTERS OF INTEREST AND IMPORTANCE TO LOCAL BUSINESS AND RESIDENTS IN LA CANADA FLINTRIDGE AND THE SURROUNDING COMMUNITIES, ATTENDED BY 30 BOARD MEMBERS AND OTHERS ON A REGULAR BASIS.
CO-SPONSORED MONTHLY MIXERS WITH APPROXIMATELY 15 MEMBERS TO ENCOURAGE INTERACTION AMONG BUSINESS OWNERS, RESIDENTS AND CITY OFFICIALS. ALSO MADE ANNOUNCEMENTS AND DISCUSSED CHAMBER BUSINESS. ESTIMATED MONTHLY ATTENDANCE IS 150 MEMBERS AND GUESTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia A Anderson President & CEO | Officer | 40 | $65,000 |
Mike Leininger Chairman | Officer | 6 | $0 |
Marilyn Anderson CFO | Officer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $134,447 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,925 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $138,372 |
| Total Program Service Revenue | $66,092 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $28,968 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $233,433 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $65,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $42,730 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,948 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,404 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $242 |
| Office expenses | $1,496 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,200 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,958 |
| Insurance | $4,906 |
| All other expenses | $12,596 |
| Total functional expenses | $188,081 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $121,606 |
| Savings and temporary cash investments | $13,093 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $18,833 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,001 |
| Total assets | $154,533 |
| Accounts payable and accrued expenses | $5,017 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $190 |
| Total liabilities | $5,207 |
| Net assets without donor restrictions | $0 |
| 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 | $149,326 |
| Total liabilities and net assets/fund balances | $154,533 |
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