Santa Fe Springs Chamber Of Commerce & Industrial League Inc
- Assets
- $441.8k
- Revenue
- $520.8k
- Investments
- $0.0
- Employees
- 5
- Location
- Santa Fe Psrings, CA
- Founding
- 04/1971
- Data as of
- 06/2024
- EIN
- 95-2912042
Organization Overview
Santa Fe Springs Chamber Of Commerce & Industrial League Inc is located in Santa Fe Psrings, CA. The organization was established in 1971. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2024, Santa Fe Springs Chamber Of Commerce & Industrial League Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Santa Fe Springs Chamber Of Commerce & Industrial League Inc 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 06/2024, Santa Fe Springs Chamber Of Commerce & Industrial League Inc generated $520.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $480.2k during the year ending 06/2024. While expenses have increased by 2.5% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
ENCOURAGE BUSINESS GROWTH AND BE THE VOICE FOR BUSINESS. APPROXIMATELY 440 MEMBERS AND 3100 LOCAL BUSINESSES
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPLY LOCAL BUSINESSES WITH NEWSLETTERS, BUSINESS DIRECTORIES, MAILING LISTS, ETC. TO MEMBERS AND NON-MEMBERS
PROVIDE NETWORKING FUNCTIONS AND OPPORTUNITIES TO AID IN LOCAL BUSINESS GROWTH
PROVIDE BUSINESS TRAINING AND SEMINARS IN A VARIETY OF BUSINESS RELATED TOPICS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathie Fink CEO | OfficerTrustee | 45 | $82,000 |
Bruce Lazenby President | OfficerTrustee | 1 | $0 |
Carlos Gallardo Prsdnt - Elect | OfficerTrustee | 4 | $0 |
Mark Gutierrez VP Pblc Affrs | OfficerTrustee | 1 | $0 |
Darwin Vande Hoef VP Mmbr Srvcs | OfficerTrustee | 1 | $0 |
Raman Venkat VP Yef | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $197,570 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $118,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $316,070 |
| Total Program Service Revenue | $0 |
| Investment income | $13,530 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $95,034 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,592 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $520,846 |
| 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. | $82,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $165,570 |
| Pension plan accruals and contributions | $8,905 |
| Other employee benefits | $3,543 |
| Payroll taxes | $20,409 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,912 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $18,536 |
| Information technology | $11,707 |
| Royalties | $0 |
| Occupancy | $91,069 |
| Travel | $2,769 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,203 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,601 |
| Insurance | $3,588 |
| All other expenses | $5,012 |
| Total functional expenses | $480,199 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,984 |
| Savings and temporary cash investments | $421,643 |
| 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 | $1,118 |
| Net Land, buildings, and equipment | $4,027 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $441,772 |
| Accounts payable and accrued expenses | $8,936 |
| Grants payable | $0 |
| Deferred revenue | $87,723 |
| 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 | $434 |
| Total liabilities | $97,093 |
| 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 | $344,679 |
| Total liabilities and net assets/fund balances | $441,772 |