Salinas Area Chamber Of Commerce Foundation in Salinas, California (CA)
Table of contents:
| Salinas Area Chamber Of Commerce Foundation | |
| Employer Identification Number (EIN) | 770071744 |
| Name of Organization | Salinas Area Chamber Of Commerce Foundation |
| Address | 119 E Alisal St, Salinas, CA 93901-3501 |
| Activities | Publishing activities |
| Subsection | Educational Organization |
| Ruling Date | 08/1985 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Trust |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $25,000 to $99,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $48,176 |
| Amount of Income | $107,553 |
| Form 990 Revenue Amount | $100,701 |
| National Taxonomy of Exempt Entities (NTEE) | Educational Institutions and Related Activities: |
Non-representatives - add comments:
Amount of income in 2013: $107,553 (it was $115,369 in 2012)
| Salinas Area Chamber Of Commerce Foundation: | $107,553 |
| Other organizations performing similar types of work: | $95,588 |
Assets in 2013: $48,176 (it was $69,472 in 2012)
| Salinas Area Chamber Of Commerce Foundation: | $48,176 |
| Other organizations performing similar types of work: | $79,637 |
Expenses in 2013: $103,283
| This organization: | $103,283 |
| Other organizations performing similar types of work: | $98,383 |
Income to expenses ratio in 2013: 1.0
| Salinas Area Chamber Of Commerce Foundation: | 1.0 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2013: 47.6%
| Salinas Area Chamber Of Commerce Foundation: | 47.6% |
| Other organizations performing similar types of work: | 98.3% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total revenue | $91,789 | $113,650 | $100,701 |
| Contributions, gifts, grants, and similar amounts received | $26,076 | $48,362 | $47,917 |
| Program service revenue including government fees and contracts | $24,950 | $51,850 | $57,354 |
| Membership dues and assessments | $0 | $0 | $0 |
| Investment income | $83 | $56 | $42 |
| Gain/Loss from sale of assets other than inventory | $0 | $0 | $0 |
| Net income/loss from gaming and fundraising events | $10,568 | $5,832 | $-4,612 |
| Gross income from gaming | $0 | $0 | $0 |
| Gross income from fundraising events | $10,568 | $7,551 | $2,240 |
| Less: direct expenses from gaming and fundraising events | $0 | $1,719 | $6,852 |
| Gross profit/loss from sales of inventory | $0 | $0 | $0 |
| Other revenue | $30,112 | $7,550 | $0 |
| Total expenses | $117,320 | $97,132 | $103,283 |
| Total net assets | $29,932 | $46,450 | $43,868 |
| Excess/Deficit for the year | $-25,531 | $16,518 | $-2,582 |
| Net assets or fund balances at beginning of year | $55,463 | $29,932 | $46,450 |
| Other changes in net assets or fund balances | $0 | $0 | $0 |
| Net assets or fund balances at end of year | $46,450 | $43,868 | |
| Balance Sheets | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Total assets | $42,740 | $69,472 | $48,176 |
| Total liabilities | $12,808 | $23,022 | $4,308 |
| Net assets or fund balances | $29,932 | $46,450 | $43,868 |
| Other Information | |||
| 2011 | 2012 | 2013 | |
|---|---|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No | No | |
| Were any significant changes made to the organizing or governing documents? | No | No | |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No | No | No |
| Has the organization filed a Form 990-T for the year? | No | No | |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No | No | |
| Amount of political expenditures, direct or indirect | $0 | $0 | |
| Did the organization file Form 1120-POL for this year? | No | No | |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No | No | |
| Total amount involved | $0 | $0 | |
| Initiation fees and capital contributions | $0 | $0 | $0 |
| Gross receipts for public use of club facilities | $0 | $0 | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No | No | |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No | No | |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public Support | $224,152 |
| Subtotal Support | $224,152 |
| Gifts, grants, contributions, and membership fees received | $224,152 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support | $0 |
| Total Support | $224,819 |
| Public Support | $224,152 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $667 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income. Do not include gain or loss from the sale of capital assets | $0 |
| Gross receipts from related activities, etc. | $123,134 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Industry Initiatives For Science And Math Education | PO BOX 58059 MSC WO, Santa Clara, CA 95052-8059 | CA | 1992-07 | $1,841,373 |
| 2 | Erudite Technology Group | 2525 E Bayshore Rd, Palo Alto, CA 94303-3210 | CA | 1998-01 | $1,537,937 |
| 3 | Joint Venture Silicon Valley Network | 100 West San Fernando, San Jose, CA 95113-2219 | CA | 1995-08 | $1,520,880 |
| 4 | Redlands Educational Partnership Foundation | 20 W Lugonia Ave, Redlands, CA 92374-2234 | CA | 1993-10 | $1,294,949 |
| 5 | San Diego Hua Xia Chinese School Incorporation | PO BOX 928338, San Diego, CA 92192-8338 | CA | 1998-05 | $556,572 |
| 6 | Centro Latino For Literacy | 1709 W 8th St Ste A, Los Angeles, CA 90017-2147 | CA | 1996-07 | $443,085 |
| 7 | Salinas Area Chamber Of Commerce Foundation | 119 E Alisal St, Salinas, CA 93901-3501 | CA | 1985-08 | $107,553 |
| 8 | Infrastructure Development For Education Africa | 839 Keniston Ave, Los Angeles, CA 90005-3824 | CA | 1996-10 | $12,541 |
| 9 | C C H Educational Foundation Inc | 2201 K Street, Sacramento, CA 95816 | CA | 1995-06 | $68 |
| 10 | How To Get An A In Life Inc | 762 Edge Ln, Los Altos, CA 94024-4907 | CA | 1995-06 | $1 |
| 11 | The Can Do Kid Fund | 38 Miller Ave Ste 6, Mill Valley, CA 94941-1939 | CA | 1996-11 | $1 |
| 12 | Comnec Incorporated | PO BOX 91905, Los Angeles, CA 90009-1905 | CA | 1997-01 | $0 |
| 13 | Living Dolls | 3326 Copley Ave, San Diego, CA 92116-1843 | CA | 1997-04 | $0 |
| 14 | National Math And Science Federation Inc | 31899 Del Obispo St Ste 130, San Juan Capo, CA 92675-3234 | CA | 1995-12 | $0 |
| 15 | Parents Involved In Education | PO BOX 3004, Palm Desert, CA 92261 | CA | 1995-03 | $0 |
| 16 | San Diego Council Of Black Engineers And Scientists | PO BOX 82292, San Diego, CA 92138-2292 | CA | 1995-09 | $0 |
| 17 | Seeds Foundation | 1835 E Michelle St, West Covina, CA 91791 | CA | 1995-08 | $0 |
| 18 | Vision For Education Resources | 4225 Howe St, Oakland, CA 94611-4704 | CA | 1995-03 | $0 |
| 19 | Western Resource Center For Cooperative Education | 12255 Viejo Camino, Atascadero, CA 93422-6237 | CA | 1994-06 | $0 |
| 20 | Wind Canyon-Education-Inc | PO BOX 511, Brawley, CA 92227-0511 | CA | 1998-06 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 184 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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