Valley Industrial Association Of Santa Clarita
- Assets
- $36.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Valencia, CA
- Founding
- 06/1993
- Data as of
- 12/2021
- EIN
- 95-3996296
Organization Overview
Valley Industrial Association Of Santa Clarita is located in Valencia, CA. The organization was established in 1993. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Valley Industrial Association Of Santa Clarita employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Valley Industrial Association Of Santa Clarita 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, Valley Industrial Association Of Santa Clarita generated $142.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $118.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
MEMBERSHIP LUNCHEONS - MONTHLY MEETINGS TO ALLOW MEMBERS TO NETWORK WITHIN THE COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Thomson Secretary | 1 | $0 | |
Jc Burnett Vice Chair Advocacy | 1 | $0 | |
Monica Fawcett Director | 1 | $0 | |
Tim Burkhart Vice Chair Programs | 1 | $0 | |
Beau Goodrick Director | 1 | $0 | |
Ed Masterson Vice Chair Workforce | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,000 |
| Total Program Service Revenue | $29,779 |
| Membership dues | $82,268 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,458 |
| Other Revenue | $0 |
| Total Revenue | $142,505 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $54,807 |
| Professional fees and other payments to independent contractors | $2,010 |
| Occupancy, rent, utilities, and maintenance | $12,500 |
| Printing, publications, postage, and shipping | $198 |
| Other expenses | $48,462 |
| Total expenses | $117,977 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,303 |
| Other assets | $0 |
| Total assets | $36,303 |
| Total liabilities | $0 |
| Net assets or fund balances | $36,303 |
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