Civic Intelligence

Rio Rancho Chamber of Commerce Inc

990 • Fiscal year 2016 • EIN 85-0290692

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 11, 2017

4001 Southern Blvd SE Suite BRio Rancho, NM 87124

(505) 892-1533

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

95th percentile

0.82x

Higher debt load relative to assets than 95% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

84th percentile

0.18x

Higher debt load relative to revenue than 84% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

41st percentile

-0.4%

Higher net margin than 41% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

76th percentile

$21,875

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 6.0% of source-year revenue.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Asset Growth

72nd percentile

15%

Faster asset growth than 72% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

61st percentile

6.0%

Faster revenue growth than 61% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$80,809

Up $10,458 (+15%) from 2015

Net Assets

Down

$14,598

Down $1,297 (-8.2%) from 2015

Liabilities

Up

$66,211

Up $11,755 (+22%) from 2015

Revenue

Up

$362,791

Up $20,479 (+6.0%) from 2015

Expenses

Up

$364,088

Up $12,700 (+3.6%) from 2015

Net Income

Up

-$1,297

Up $7,779 (+86%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0-$500KAssets 2011: $167,046Liabilities 2011: $87,802Net Assets 2011: $79,2442011Assets 2012: $124,767Liabilities 2012: $60,177Net Assets 2012: $64,5902012Assets 2013: $143,271Liabilities 2013: $79,845Net Assets 2013: $63,4262013Assets 2014: $67,261Liabilities 2014: $42,289Net Assets 2014: $24,9722014Assets 2015: $70,351Liabilities 2015: $54,456Net Assets 2015: $15,8952015Assets 2016: $80,809Liabilities 2016: $66,211Net Assets 2016: $14,5982016Assets 2017: $97,121Liabilities 2017: $166,562Net Assets 2017: -$69,4412017Assets 2018: $91,018Liabilities 2018: $87,632Net Assets 2018: $3,3862018Assets 2019: $46,676Liabilities 2019: $46,676Net Assets 2019: $02019Assets 2020: $229,638Liabilities 2020: $266,108Net Assets 2020: -$36,4702020Assets 2021: $860,343Liabilities 2021: $734,722Net Assets 2021: $125,6212021Assets 2022: $1,134,840Liabilities 2022: $861,597Net Assets 2022: $273,2432022Assets 2023: $1,001,099Liabilities 2023: $802,555Net Assets 2023: $198,5442023Assets 2024: $873,289Liabilities 2024: $763,192Net Assets 2024: $110,0972024

Highlighted filing

2016

Assets$80,809
Liabilities$66,211
Net Assets$14,598

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2011: $244,787Expenses 2011: $258,988Net Income 2011: -$14,2012011Revenue 2012: $346,316Expenses 2012: $360,950Net Income 2012: -$14,6342012Revenue 2013: $390,920Expenses 2013: $392,084Net Income 2013: -$1,1642013Revenue 2014: $308,680Expenses 2014: $347,134Net Income 2014: -$38,4542014Revenue 2015: $342,312Expenses 2015: $351,388Net Income 2015: -$9,0762015Revenue 2016: $362,791Expenses 2016: $364,088Net Income 2016: -$1,2972016Revenue 2017: $307,604Expenses 2017: $391,643Net Income 2017: -$84,0392017Revenue 2018: $424,337Expenses 2018: $429,629Net Income 2018: -$5,2922018Revenue 2019: $403,073Expenses 2019: $413,642Net Income 2019: -$10,5692019Revenue 2020: $332,117Expenses 2020: $367,145Net Income 2020: -$35,0282020Revenue 2021: $499,672Expenses 2021: $400,102Net Income 2021: $99,5702021Revenue 2022: $498,901Expenses 2022: $550,193Net Income 2022: -$51,2922022Revenue 2023: $528,269Expenses 2023: $602,968Net Income 2023: -$74,6992023Revenue 2024: $606,806Expenses 2024: $613,064Net Income 2024: -$6,2582024

Highlighted filing

2016

Revenue$362,791
Expenses$364,088
Net Income-$1,297
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 11, 2017
Return Version
2016v3.0
Gross Receipts
$362,791
Mission and Program Overview

Mission

Mission: We promote commerce by providing leadership, education and value to member. Vision: To become New Mexico's premier business organization by building strong partnerships, facilitating prosperity and developing innovative solutions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$32,675$51,439▲ $18,764
Cash and Non-Interest-Bearing Accounts$28,600$22,402▼ $6,198
Land, Buildings, and Equipment, Net$5,395$3,618▼ $1,777
Prepaid Expenses and Deferred Charges$3,349$3,018▼ $331
Savings and Temporary Cash Investments$332$332→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$70,351$80,809▲ $10,458
Other Assets Total$0$0→ $0
Liabilities
Deferred Revenue$51,685$61,125▲ $9,440
Accounts Payable and Accrued Expenses$2,771$5,086▲ $2,315
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$54,456$66,211▲ $11,755
Net Assets / Fund Balance
Unrestricted Net Assets$15,895$14,598▼ $1,297
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$15,895$14,598▼ $1,297
Total Liabilities and Net Assets / Fund Balance$70,351$80,809▲ $10,458

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Equipment$3,618$94,691$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Gerald SchalowPresidentFT$21,875$21,875
Revenue and Support

Revenue Composition

Contributions and Grants
$274,208
Program Service Revenue
$76,005
Investment Income
$0
Other Revenue
$12,578
All Other Contributions
$0
Change in Net Assets
$-1,297
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$221,288
Salaries, Compensation, and Employee Benefits$142,800
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$0$0$0$130,087
Occupancy$0$0$0$46,243
All Other Expenses$0$0$0$45,305
Fees for Services Other$0$0$0$37,221
Conferences and Meetings$0$0$0$31,634
Payroll Taxes$0$0$0$9,837
Information Technology$0$0$0$8,772
Other Expenses$0$0$0$6,799
Pension Plan Contributions$0$0$0$2,876
Fees for Services Accounting$0$0$0$2,678
Insurance$0$0$0$2,462
Office Expenses$0$0$0$2,141
Depreciation Depletion$0$0$0$1,778
Advertising$0$0$0$1,607
Total Functional Expenses$0$0$0$364,088
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Section A, Line 6

Members

Part VI, Section B, Line 11B

Review financial statements, workpapers against Form 990

Part VI, Section B, Line 12C

The conflict of interest policy is monitored on annual basis.

Part VI, Section C, Line 19

All governing documents are available upon request

Filing and Contact Details

Filer

Filer Name
Rio Rancho Chamber of Commerce
EIN
85-0290692
In Care Of
% Gerald Schalow
Phone
5058921533
Address
4001 SOUTHERN BLVD SE SUITE B, Rio Rancho, NM 87124

Signing Officer

Name
Gerald Schalow
Title
President
Phone
5058921533
Signed
2017-11-11

Organization Details

Principal Officer
Gerald Schalow
Formed
1980
Legal Domicile
Nm
Voting Board Members
22
Independent Board Members
22
Employees
5
Volunteers
12
Supplemental Narrative

Additional Explanations

Part IX, line 11G

| Description:, Amount:| Contract Services, $37221|

Part IX, line 24E

| Description:, Amount:| Membership, $349.00| Seminars, $409.00| Bank Service Charges, $5504.00| Cleaning, $2514.00| Other Payroll Costs, $2661.00| Entertainment and Meetings, $599.00| Equipment Rental, $9388.00| License, $120.00| Dues, $1410.00| Automotive, $6668.00| Postage, $1614.00| Printing, $2291.00| Security, $540.00| Subscriptions, $241.00| Taxes, $355.00| Telephone, $15379.00| Training Seminars, $545.00| Ambassadors, $4253.00| Website, $3894.00| Board General Expense, $505.00|

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt015379
IRS990/OtherExpensesGrp/TotalAmt19881
IRS990/OtherExpensesGrp/TotalAmt29388
IRS990/OtherExpensesGrp/TotalAmt36799
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0541800
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0Advertising and related services
IRS990/OtherRevenueMiscGrp/Desc1Miscellaneous Logo Sale
IRS990/OtherRevenueMiscGrp/ExclusionAmt00
IRS990/OtherRevenueMiscGrp/ExclusionAmt10
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt10
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02475
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11703
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt02475
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt11703
IRS990/OtherRevenueTotalAmt04178
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt0130087
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/FundraisingAmt00
IRS990/PaymentsToAffiliatesGrp/ManagementAndGeneralAmt00
IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt00
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt00
IRS990/PayrollTaxesGrp/TotalAmt09837
IRS990/PensionPlanContributionsGrp/FundraisingAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt00
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt02876
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03349
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03018
IRS990/PrincipalOfficerNm0Gerald Schalow
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0Annual Dinner
IRS990/ProgramServiceRevenueGrp/Desc1Tourism Contract
IRS990/ProgramServiceRevenueGrp/Desc2Leadership
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/ExclusionAmt10
IRS990/ProgramServiceRevenueGrp/ExclusionAmt20
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt022575
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt130000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt223430
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt022575
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt130000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt223430
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt10
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt20
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0138160
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0199550
IRS990/PYOtherRevenueAmt011789
IRS990/PYProgramServiceRevenueAmt0192363
IRS990/PYRevenuesLessExpensesAmt0-9076
IRS990/PYSalariesCompEmpBnftPaidAmt0151838
IRS990/PYTotalExpensesAmt0351388
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0342312
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-1297
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt08400
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/ReservesMaintainedAmt00
IRS990/RevenueAmt076005
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0332
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0332
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/BookValueAmt03618
IRS990ScheduleD/EquipmentGrp/DepreciationAmt094691
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt098309
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.87$0.76$0.11$0.61$0.61$0.01
2023Detailed filing. Detailed filing data is available for this year.$1.00$0.80$0.20$0.53$0.60$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.13$0.86$0.27$0.50$0.55$0.05
2021Detailed filing. Detailed filing data is available for this year.$0.86$0.73$0.13$0.50$0.40$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.23$0.27$0.04$0.33$0.37$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.05$0.05$0.00$0.40$0.41$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.09$0.09$0.00$0.42$0.43$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.10$0.17$0.07$0.31$0.39$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.08$0.07$0.01$0.36$0.36$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.07$0.05$0.02$0.34$0.35$0.01
2014Summary only. Only limited summary data is available for this year.$0.07$0.04$0.02$0.31$0.35$0.04
2013Summary only. Only limited summary data is available for this year.$0.14$0.08$0.06$0.39$0.39$0.00
2012Summary only. Only limited summary data is available for this year.$0.12$0.06$0.06$0.35$0.36$0.01
2011Summary only. Only limited summary data is available for this year.$0.17$0.09$0.08$0.24$0.26$0.01