Form 990 for tax year 2023
Filed by CALIFORNIA FOUNDATION FOR COMMERCE AND EDUCATION.
Totals
- Total revenue
- $585,503
- Total expenses
- $269,318
- Contributions and grants received
- $470,500
- Grants paid
- $0
- Program service revenue
- $115,000
- Investment income
- $3
- Other revenue
- $0
- Total assets, end of year
- $424,452
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $424,452
- Program services expenses (Part IX)
- $266,391
- Management and general expenses
- $2,927
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $266,391
Program services were 98.9% 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
$470,500
-
2a · Program service revenue: CONSULTING SERVICES
total $115,000 · related or exempt $115,000
-
3 · Investment income
total $3 · excluded $3
Functional expenses
Part IX, the statement of functional expenses.
-
11b · Fees: legal
total $147 · management and general $147
-
11c · Fees: accounting
total $2,050 · management and general $2,050
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11g · Fees: other
total $265,905 · program services $265,905
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13 · Office expenses
total $664 · program services $486 · management and general $178
-
24a · Other expenses: CREDIT CARD DISCOUNT FE
total $552 · management and general $552
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $78,090 · end of year $394,272
-
2 · Savings and temporary cash investments
beginning of year $30,177 · end of year $30,180
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27 · Net assets without donor restrictions
beginning of year $19,427 · end of year $6,162
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28 · Net assets with donor restrictions
beginning of year $88,840 · end of year $418,290
Mission and programs · 2023
Mission
THE ORGANIZATION CARRIES OUT ITS EXEMPT PURPOSE BY EDUCATING THE PUBLIC AND POLICYMAKERS ON PRIVATE ENTERPRISE AND A STRONG ECONOMIC BASE; IMPARTIAL AND OBJECTIVE RESEARCH AND ANALYSIS OF PUBLIC POLICY ISSUES; EDUCATION AND OUTREACH EFFORTS IN SUPPORT OF RESEARCH AND PUBLIC POLICY FINDINGS AND RECOMMENDATIONS.
Activities or mission (Part I)
THE ORGANIZATION CARRIES OUT ITS EXEMPT PURPOSE BY EDUCATING THE PUBLIC AND POLICYMAKERS ON PRIVATE ENTERPRISE AND A STRONG ECONOMIC BASE.
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TECHNOLOGY POLICY RESEARCH: RESEARCH AND ANALYSIS OF THE IMPACT OF ANTITRUST LEGISLATION ON THE DEVELOPMENT OF NEW TECHNOLOGIES SUCH AS ARTIFICIAL INTELLIGENCE.
Expenses $119,641
-
KAISER CAPITOL IMPACT: PROVIDE SUPPORT FOR THE IMPLEMENTATION OF THE PROMISE TO CAREER CONSTRUCTION SCHOLARSHIP PROGRAM AT LOS RIOS COMMUNITY COLLEGE DISTRICT, THE PREFERRED TALENT PROVIDER THAT SERVES THE HEALTH CARE CONSTRUCTION COLLABORATIVES PRIORITY POPULATIONS. THE SCHOLARSHIP HAS SUPPORTED MORE THAN 50 INDIVIDUALS SINCE ITS INCEPTION.
Expenses $111,250 · Revenue $115,000
-
ENVIRONMENT & PANDEMIC RESEARCH: SURVEY RESEARCH AND ANALYSIS OF PROPOSALS TO RAISE UPPER-EARNER INCOME TAXES TO SUPPORT A VARIETY OF PROGRAMS, SUCH AS ELECTRIC VEHICLE DEPLOYMENT AND PANDEMIC RESEARCH AND PREPARATION.
Expenses $17,469
-
USCCF YOUTH EMPLOYMENT: PARTICIPATION IN THE US CHAMBER OF COMMERCE YOUTH EMPLOYMENT NETWORK, WORK AND COORDINATE WITH CALIFORNIA BUSINESSES TO PROVIDE WORK-BASED LEARNING EXPERIENCES FOR YOUNG PEOPLE.
Expenses $2,995
-
UNEMPLOYMENT INSURANCE STUDY: RESEARCHED FEDERAL UNEMPLOYMENT INSURANCE LAW, CALIFORNIA'S DETERMINATION OF ELIGIBILITY FOR UNEMPLOYMENT, AND DEVELOPED A REPORT ADDRESSING BEST PRACTICES NECESSARY FOR CALIFORNIA'S UI FUND TO AVOID FRAUD, AND IDENTITY THEFT AND ADDRESS THE RISK OF INSOLVENCY.
Expenses $15,500
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QUALITY EDUCATION RESEARCH: PROVIDED SUPPORT AND OVERSIGHT FOR SURVEY RESEARCH, LEGAL DRAFTING, AND COMMUNITY OUTREACH ON ISSUES OF PROVIDING A CONSTITUTIONAL RIGHT FOR A HIGH-QUALITY EDUCATION TO PUBLIC SCHOOL STUDENTS.
Expenses -$909
-
HISPANIC RESEARCH PROJECT: CONDUCT SURVEY RESEARCH OF CALIFORNIANS ON ISSUES OF INTEREST TO BUSINESS LEADERS STATEWIDE AND AMONG HISPANIC BUSINESS OWNERS AND LEADERS IN PARTICULAR.
Expenses $445
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Nicole WasylkiwNICOLE WASYLKIW
SECRETARY
- Total calculated
- $239,526
- From this org
- $0
- From related orgs
- $217,273
- Other
- $22,253
- Hours/week
- 0.5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $201,690 related
- Bonus
- $0 + $15,583 related
- Other
- $0
- Deferred
- $0 + $17,743 related
- Nontaxable benefits
- $0 + $4,510 related
- Filer's total
- $0 + $239,526 related
-
Gregory BielliGREGORY BIELLI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 1 related
-
Janet LiangJANET LIANG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 1 related
-
Maryam BrownMARYAM BROWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 1 related
-
John StowellJOHN STOWELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 1 related
-
Susan Corralez-DiazSUSAN CORRALEZ-DIAZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 1 related
-
John BoyleJOHN BOYLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 1 related
-
Stuart WoolfSTUART WOOLF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 1 related
-
Kailesh KaravadraKAILESH KARAVADRA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 1 related
-
Sima PatelSIMA PATEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 1 related
-
Donna LucasDONNA LUCAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.2 + 1 related
-
Jennifer BarreraJENNIFER BARRERA
DIRECTOR
- Total calculated
- $957,673
- From this org
- $0
- From related orgs
- $891,735
- Other
- $65,938
- Hours/week
- 0.5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $683,160 related
- Bonus
- $0 + $208,575 related
- Other
- $0
- Deferred
- $0 + $26,400 related
- Nontaxable benefits
- $0 + $39,538 related
- Filer's total
- $0 + $957,673 related
-
Loren KayeLOREN KAYE
PRESIDENT
- Total calculated
- $412,658
- From this org
- $0
- From related orgs
- $340,777
- Other
- $71,881
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $0 + $308,364 related
- Bonus
- $0 + $32,413 related
- Other
- $0
- Deferred
- $0 + $26,400 related
- Nontaxable benefits
- $0 + $45,481 related
- Filer's total
- $0 + $412,658 related
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Ana Gretel TortolaniANA GRETEL TORTOLANI
TREASURER
- Total calculated
- $409,101
- From this org
- $0
- From related orgs
- $363,107
- Other
- $45,994
- Hours/week
- 0.5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $330,662 related
- Bonus
- $0 + $32,445 related
- Other
- $0
- Deferred
- $0 + $26,400 related
- Nontaxable benefits
- $0 + $19,594 related
- Filer's total
- $0 + $409,101 related
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
None.
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.
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CALIFORNIA CHAMBER OF COMMERCE
501(C)(6) · LEGISLATIVE LOBBYING · CA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 5 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403119349301935
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