Form 990 for tax year 2023
Filed by LAGUNA BEACH CHAMBER OF COMMERCE.
Totals
- Total revenue
- $413,872
- Total expenses
- $253,581
- Contributions and grants received
- $288,337
- Grants paid
- $12,500
- Program service revenue
- $0
- Investment income
- $150
- Other revenue
- $125,385
- Total assets, end of year
- $515,724
- Total liabilities, end of year
- $11,649
- Net assets or fund balances, end of year
- $504,075
- Program services expenses (Part IX)
- $186,509
- Management and general expenses
- $67,072
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $253,581
Program services were 73.6% 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.
-
1b · Membership dues
$92,390
-
1c · Fundraising events
$108,500
-
1f · All other contributions, gifts and grants
$87,447
-
3 · Investment income
total $150 · related or exempt $150
-
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
-
8a · Fundraising events: gross income
$217,032
-
8a · Fundraising events: contributions included on line 1c
$108,500
-
8b · Fundraising events: direct expenses
$91,647
-
8c · Net income from fundraising events
total $125,385
-
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 $12,500 · program services $12,500
-
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 $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $154,538 · program services $154,538
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $13,084 · program services $13,084
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $19,855 · management and general $19,855
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $423 · program services $423
-
13 · Office expenses
total $2,867 · management and general $2,867
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $3,612 · management and general $3,612
-
24a · Other expenses: MERCHANT FEES
total $12,247 · management and general $12,247
-
24b · Other expenses: IT SUPPORT
total $5,981 · management and general $5,981
-
24c · Other expenses: TELEPHONE & INTERNET
total $5,077 · management and general $5,077
-
24d · Other expenses: HARDWARE/SOFTWARE
total $5,046 · management and general $5,046
-
24e · All other expenses
total $18,351 · program services $5,964 · management and general $12,387
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $340,323 · end of year $265,094
-
2 · Savings and temporary cash investments
end of year $245,377
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
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
end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$6,316
-
10b · Land, buildings and equipment: accumulated depreciation
$6,316
-
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 $5,253
-
17 · Accounts payable and accrued expenses
beginning of year $300 · end of year $2,617
-
25 · Other liabilities
beginning of year $1,616 · end of year $9,032
-
27 · Net assets without donor restrictions
beginning of year $338,407 · end of year $504,075
Mission and programs · 2023
Mission
ADVANCING THE ECONOMIC CLIMATE OF THE COMMUNITY AND THE QUALITY OF LIFE FOR THE CITIZENS OF THE CITY OF LAGUNA BEACH
-
TO PROMOTE LOCAL BUSINESS AND IMPROVE COMMUNITY RELATIONS AND THE QUALITY OF LIFE OF THE CITIZENS OF THE CITY.
Expenses $253,581
As filed on the 2023 return.
Listed in Part VII
-
JULIE LAUGHTON
Director
- Total calculated
- $0
- Hours/week
- 1
-
HASTY HONARKAR
Director
- Total calculated
- $0
- Hours/week
- 1
-
REINHARD NEUBERT
Director
- Total calculated
- $0
- Hours/week
- 1
-
TYLER RUSSELL
Director
- Total calculated
- $0
- Hours/week
- 1
-
COLLEEN DILLAWAY
Director
- Total calculated
- $0
- Hours/week
- 1
-
VALERIE LYNN
Director
- Total calculated
- $0
- Hours/week
- 1
-
LYNDA HALLIGAN OLSEN
Director
- Total calculated
- $0
- Hours/week
- 1
-
JOHN BALLESTEROS
CHAIRMAN ELECT
- Total calculated
- $0
- Hours/week
- 2
-
JEFFERY REDEKER
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
DOUG VOGEL
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
MARK MEISBERGER
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
PAULA HORNBUCKLE-ARNOLD
Chairman
- Total calculated
- $0
- Hours/week
- 5
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
-
$12,500
SCHOLARSHIP
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 May 2024
- IRS schema version
- 2023v5.0
- Source object
- 202411349349305421
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