Form 990 for tax year 2023
Filed by SANIBEL CAPTIVA ISLANDS CHAMBER OF COMMERCE INC.
Totals
- Total revenue
- $479,017
- Total expenses
- $447,807
- Contributions and grants received
- $271,777
- Grants paid
- $0
- Program service revenue
- $41,220
- Investment income
- $139,961
- Other revenue
- $26,059
- Total assets, end of year
- $662,049
- Total liabilities, end of year
- $701,723
- Net assets or fund balances, end of year
- -$39,674
- Program services expenses (Part IX)
- $447,807
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 100.0% 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.
-
1b · Membership dues
$196,777
-
1f · All other contributions, gifts and grants
$75,000
-
2a · Program service revenue: BUSINESS LUNCHEON
total $38,700 · related or exempt $38,700
-
2b · Program service revenue: OTHER SPECIAL EVENT
total $1,970 · related or exempt $1,970
-
2c · Program service revenue: VISITORS GUIDE
total $550 · related or exempt $550
-
7a · Gross sales of assets other than inventory
other assets $146,059
-
7b · Less cost or other basis and sales expenses
other assets $6,098
-
7c · Gain or loss
other assets $139,961
-
7d · Net gain or loss
total $139,961 · related or exempt $139,961
-
8a · Fundraising events: gross income
$29,387
-
8b · Fundraising events: direct expenses
$3,328
-
8c · Net income from fundraising events
total $26,059 · excluded $26,059
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $82,176 · program services $82,176
-
7 · Other salaries and wages
total $105,505 · program services $105,505
-
9 · Other employee benefits
total $73,737 · program services $73,737
-
10 · Payroll taxes
total $14,990 · program services $14,990
-
11b · Fees: legal
total $3,912 · program services $3,912
-
11c · Fees: accounting
total $4,298 · program services $4,298
-
11g · Fees: other
total $7,675 · program services $7,675
-
12 · Advertising and promotion
total $14,249 · program services $14,249
-
13 · Office expenses
total $19,965 · program services $19,965
-
14 · Information technology
total $10,127 · program services $10,127
-
16 · Occupancy
total $8,294 · program services $8,294
-
17 · Travel
total $2,149 · program services $2,149
-
19 · Conferences, conventions and meetings
total $1,474 · program services $1,474
-
20 · Interest
total $26,711 · program services $26,711
-
22 · Depreciation, depletion and amortization
total $10,749 · program services $10,749
-
23 · Insurance
total $13,036 · program services $13,036
-
24a · Other expenses: LUNCHEON EXPENSES
total $40,017 · program services $40,017
-
24b · Other expenses: BANK CHARGES
total $5,705 · program services $5,705
-
24c · Other expenses: PRINTING AND PUBLICATIO
total $1,407 · program services $1,407
-
24d · Other expenses: ANNUAL MEETING
total $1,147 · program services $1,147
-
24e · All other expenses
total $484 · program services $484
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $225 · end of year $224
-
2 · Savings and temporary cash investments
beginning of year $155,180 · end of year $37,217
-
10a · Land, buildings and equipment: cost or other basis
$482,200
-
10b · Land, buildings and equipment: accumulated depreciation
$230,234
-
10c · Land, buildings and equipment, net
beginning of year $121,750 · end of year $251,966
-
15 · Other assets
beginning of year $243,520 · end of year $372,642
-
17 · Accounts payable and accrued expenses
beginning of year $2,320 · end of year $33,658
-
19 · Deferred revenue
end of year $670
-
23 · Secured mortgages and notes payable
beginning of year $100,000 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $489,239 · end of year $667,395
-
29 · Capital stock, trust principal or current funds
beginning of year $71,121 · end of year $71,121
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year -$142,005 · end of year -$110,795
Mission and programs · 2023
Mission
TO PROMOTE THE PROSPERITY OF OUR MEMBERS AND PRSERVE THE QUAILITY OF LIFE IN OUR COMMUNITY.
Activities or mission (Part I)
TO PROMOTE THE PROSPERITY OF OUR MEMBERS AND PRESERVE THE QUALITY OF LIFE IN OUR COMMUNITY.
-
MEMBERSHIP DUES - PROMOTED THE PROSPERITY OF OUR MEMBERS AND PRESERVED THE QUALITY OF LIFE IN OUR COMMUNITY.
-
BUSINESS LUNCHEON - PROMOTED THE PROSPERITY OF OUR MEMBERS AND PRESERVED THE QUALITY OF LIFE IN OUR COMMUNITY.
-
ANNUAL MEETING - PROMOTED THE PROSPERITY OF OUR MEMBERS AND PRESERVED THE QUALITY OF LIFE IN OUR COMMUNITY.
As filed on the 2023 return.
Listed in Part VII
-
John LaiJOHN LAI
PRESIDENT & CEO
- Total calculated
- $82,176
- From this org
- $82,176
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Jeremy WalshJEREMY WALSH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Melissa RiceMELISSA RICE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Joel GoodmanJOEL GOODMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Brian KautzBRIAN KAUTZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Cali JohnsonCALI JOHNSON
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0
-
Mark BlustMARK BLUST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Michele BergerMICHELE BERGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Ron ClaytonRON CLAYTON
TREASURER
- Total calculated
- $0
- Hours/week
- 0
-
Jr RamirezJR RAMIREZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Katy ForretKATY FORRET
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Robert MonkROBERT MONK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
David LowdenDAVID LOWDEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Patience RodriguezPATIENCE RODRIGUEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Samatha WilsonSAMATHA WILSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
-
Michael NachefMICHAEL NACHEF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0
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.
Grants on this return
No itemized grants to organizations on this return.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
SANIBEL-CAPTIVA ISLAND VISITORS & CONVENTION BUREAU INC
C · ADVERTISING · FL · 100% owned · share of income -$108,782 · share of assets $20,343 · controlled entity
Directly controlled by SANIBEL CAPTIVA ISLANDS CHAMBER OF COMMERCE
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 3 March 2025
- IRS schema version
- 2023v6.0
- Source object
- 202540939349301559
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