Form 990 for tax year 2022
Filed by SACRAMENTO METRO CHAMBER FOUNDATION.
Totals
- Total revenue
- $1,053,334
- Total expenses
- $877,678
- Contributions and grants received
- $655,829
- Grants paid
- $0
- Program service revenue
- $397,176
- Investment income
- $329
- Other revenue
- $0
- Total assets, end of year
- $475,528
- Total liabilities, end of year
- $51,136
- Net assets or fund balances, end of year
- $424,392
- Program services expenses (Part IX)
- $759,712
- Management and general expenses
- $117,966
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $759,712
Program services were 86.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$655,829
-
2a · Program service revenue: Contract Revenue
total $192,351 · related or exempt $192,351
-
2b · Program service revenue: Membership Dues & Assessments
total $38,825 · related or exempt $38,825
-
2c · Program service revenue: Program/Registration Fees
total $166,000 · related or exempt $166,000
-
3 · Investment income
total $329 · excluded $329
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $166,546 · program services $148,508 · management and general $18,038
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $143,357 · program services $127,830 · management and general $15,527
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $33,701 · program services $30,051 · management and general $3,650
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $240,472 · program services $185,917 · management and general $54,555
-
12 · Advertising and promotion
total $2,592 · program services $2,592
-
13 · Office expenses
total $25,307 · program services $20,454 · management and general $4,853
-
14 · Information technology
total $240 · management and general $240
-
15 · Royalties
total $0
-
16 · Occupancy
total $26,894 · program services $22,544 · management and general $4,350
-
17 · Travel
total $2,603 · program services $819 · management and general $1,784
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $67,906 · program services $67,906
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $8,761 · program services $5,383 · management and general $3,378
-
24a · Other expenses: Food and Beverage
total $93,730 · program services $86,867 · management and general $6,863
-
24b · Other expenses: Business Promotion
total $31,630 · program services $31,630
-
24c · Other expenses: Dues and Subscriptions
total $8,471 · program services $6,663 · management and general $1,808
-
24d · Other expenses: Printing and Publications
total $8,447 · program services $5,524 · management and general $2,923
-
24e · All other expenses
total $17,021 · program services $17,024 · management and general -$3
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $18,559 · end of year $159,260
-
2 · Savings and temporary cash investments
beginning of year $246,871 · end of year $241,088
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $43,234 · end of year $66,773
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $7,168 · end of year $8,407
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $16,975 · end of year $35,408
-
19 · Deferred revenue
beginning of year $28,150 · end of year $15,728
-
25 · Other liabilities
beginning of year $21,971
-
27 · Net assets without donor restrictions
beginning of year $248,736 · end of year $424,392
Mission and programs · 2022
Mission
The Sacramento Metro Chamber Foundation is a nonprofit corporation whose purpose is to foster economic and community development through a strategic pipeline of workforce development programs.
-
The Sacramento Metropolitan Chamber Foundation became the lead organization for a city-wide youth employment effort called Thousand Strong.
Expenses $228,210 · Grants $100,000 · Revenue $192,351
-
Leadership Sacramento: Designed to educate emerging leaders on issues facing our region and how they can get engaged.
Expenses $197,681 · Grants $5,000 · Revenue $150,450
-
Metro Edge: Convenes over 350 regional young professionals in an annual professional development conference called the Emerge Summit.
Expenses $180,045 · Revenue $29,445
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Amanda Blackwood
Director
- Total calculated
- $309,626
- From this org
- $0
- From related orgs
- $308,958
- Other
- $668
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- not reported + $258,958 related
- Bonus
- not reported + $50,000 related
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported + $668 related
- Filer's total
- not reported + $309,626 related
-
Cheryl Nobert
CFO
- Total calculated
- $129,505
- From this org
- $0
- From related orgs
- $129,505
- Other
- $0
- Hours/week
- 1 + 39 related
-
Andrea Ollanik
Executive Dir.
- Total calculated
- $126,381
- From this org
- $0
- From related orgs
- $126,381
- Other
- $0
- Hours/week
- 40
-
Talia Kaufman
Executive VP
- Total calculated
- $119,326
- From this org
- $0
- From related orgs
- $116,063
- Other
- $3,263
- Hours/week
- 8 + 32 related
-
Kyla Bryant
Executive Dir.
- Total calculated
- $89,292
- From this org
- $0
- From related orgs
- $89,292
- Other
- $0
- Hours/week
- 40
-
Jennifer Ablog
Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Nicole Zamora
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Bobby Reed
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mariana Corona Sabeniano
Director
- Total calculated
- $0
- Hours/week
- 1
-
Crystal Richardson
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kelly Brenk
Director
- Total calculated
- $0
- Hours/week
- 1
-
Delia Estrada
Director
- Total calculated
- $0
- Hours/week
- 1
-
Lisa Stanley
Director
- Total calculated
- $0
- Hours/week
- 1
-
Alan Hernandez
Director
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Compensation committee
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
Sacramento Metropolitan Chamber of Comme
501(c)(6) · Business Association · CA
Directly controlled by NA
-
Sacramento Metropolitan Chamber PAC
527 · Support political candidates consistent · CA
Directly controlled by Sacramento Metro Chamber of Commerce
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202303199349325415
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