Civic Intelligence

Newark Chamber of Commerce

EIN 94-1371238 • 501(c)6 • Newark, CA

Profile

The mission of the Newark Chamber of Commerce is to stand as the voice of business and support our members' success by promoting a favorable business climate and quality of life in our community.

35501 Cedar BlvdNewark, CA 94560

www.newark-chamber.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

51st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2021

Net Margin

71st percentile

12%

Higher net margin than 71% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2021

Asset Growth

72nd percentile

12%

Faster asset growth than 72% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

9th percentile

-61%

Faster revenue growth than 9% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets49th percentile

Assets

Up

$22,536

Up $2,406 (+12%) from 2020

Liabilities

Down

$0

Down $1,603 (-100%) from 2020

Net Assets

Up

$22,536

Up $4,009 (+22%) from 2020

Operations
Liabilities / Revenue51st percentileNet Margin71st percentile

Revenue

Down

$32,609

Down $49,998 (-61%) from 2020

Expenses

Down

$28,600

Down $45,217 (-61%) from 2020

Net Income

Down

$4,009

Down $4,781 (-54%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth72nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40K$30K$20K$10K$0Assets 2011: $5,219Liabilities 2011: $1,640Net Assets 2011: $3,5792011Assets 2012: $10,626Liabilities 2012: $0Net Assets 2012: $10,6262012Assets 2013: $15,635Liabilities 2013: $2,969Net Assets 2013: $12,6662013Assets 2014: $37,530Liabilities 2014: $516Net Assets 2014: $37,0142014Assets 2015: $33,498Liabilities 2015: $1,588Net Assets 2015: $31,9102015Assets 2016: $26,599Liabilities 2016: $1,287Net Assets 2016: $25,3122016Assets 2017: $26,107Liabilities 2017: $1,277Net Assets 2017: $24,8302017Assets 2018: $24,100Liabilities 2018: $1,021Net Assets 2018: $23,0792018Assets 2019: $12,543Liabilities 2019: $623Net Assets 2019: $11,9202019Assets 2020: $20,130Liabilities 2020: $1,603Net Assets 2020: $18,5272020Assets 2021: $22,536Liabilities 2021: $0Net Assets 2021: $22,5362021

Highlighted filing

2021

Assets$22,536
Liabilities$0
Net Assets$22,536
Open 2021 Filing

Operations Trend

Revenue Growth9th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2011: $132,479Expenses 2011: $140,819Net Income 2011: -$8,3402011Revenue 2012: $175,344Expenses 2012: $168,297Net Income 2012: $7,0472012Expenses 2013: $176,8892013Revenue 2014: $187,991Expenses 2014: $163,643Net Income 2014: $24,3482014Revenue 2015: $147,739Expenses 2015: $152,843Net Income 2015: -$5,1042015Revenue 2016: $136,200Expenses 2016: $142,799Net Income 2016: -$6,5992016Revenue 2017: $122,787Expenses 2017: $123,269Net Income 2017: -$4822017Revenue 2018: $111,431Expenses 2018: $113,181Net Income 2018: -$1,7502018Revenue 2019: $106,490Expenses 2019: $117,649Net Income 2019: -$11,1592019Revenue 2020: $82,607Expenses 2020: $73,817Net Income 2020: $8,7902020Revenue 2021: $32,609Expenses 2021: $28,600Net Income 2021: $4,0092021

Highlighted filing

2021

Revenue$32,609
Expenses$28,600
Net Income$4,009
Open 2021 Filing

Filings

Most recent year

2021 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$22,536
Liabilities
$0
Net assets
$22,536
Revenue
$32,609
Expenses
$28,600
Net income
$4,009
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.00$0.23$0.33$0.29$0.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.20$0.02$0.19$0.83$0.74$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.13$0.01$0.12$1.06$1.18$0.11
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.01$0.23$1.11$1.13$0.02
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.01$0.25$1.23$1.23$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.27$0.01$0.25$1.36$1.43$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.33$0.02$0.32$1.48$1.53$0.05
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.38$0.01$0.37$1.88$1.64$0.24
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.03$0.13$1.77
2012Summary only. Only limited summary data is available for this year.$0.11$0.00$0.11$1.75$1.68$0.07
2011Summary only. Only limited summary data is available for this year.$0.05$0.02$0.04$1.32$1.41$0.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jul 25, 2022
Return Version
2020v4.0
Gross Receipts
$32,609
Mission and Program Overview

Mission

The newark chamber of commerce is a membership-based business organization dedicated to supporting, creating and maintaining the economic vitality of our businesses and community. Our programs, business services and events all serve the purpose of assisting our members to grow and thrive. Our strength lies in a broad-based membership comprised of businesses and many community organizations and agencies. The chamber is a local leader in the following core areas: - strengthening the local economy - promoting and connecting the community - providing quality networking and relationship-building opportunities - representing business to government

The mission of the newark chamber of commerce is to stand as the voice of business and support our members' success by promoting a favorable business climate and quality of life in our community

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$20,130$22,536▲ $2,406
Total Assets$20,130$22,536▲ $2,406
Liabilities
Other Liabilities$1,603--
Total Liabilities$1,603$0▼ $1,603
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$18,527$22,536▲ $4,009
Total Net Assets Fund Balance$18,527$22,536▲ $4,009
Total Liabilities and Net Assets / Fund Balance$20,130$22,536▲ $2,406
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Justin DorseyDirector
Richard LipsitDirector
Zaheer AliDirector
Deborah MontesDirector - C
Jonathan WongDirector - S
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$32,609
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$4,009
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$21,933
Salaries, Compensation, and Employee Benefits$6,667
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$6,667
Insurance---$1,531
Fees for Services Other---$809
Office Expenses---$735
Other Expenses---$40
Total Functional Expenses$0$0$0$28,600
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
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 35% controlled entity
No
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

Form 990, Page 6, Part VI, Line 11B

“The form 990 was made available to the board of directors for review prior to the filing”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Newark Chamber of Commerce
EIN
94-1371238
Phone
5105784500
Address
35501 CEDAR BLVD, NEWARK, CA 94560

Signing Officer

Name
Deborah Montes
Title
Director - Chair
Phone
5105784500
Signed
2022-07-25

Organization Details

Principal Officer
Deborah Montes
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
0
Employees
1

Preparer

Firm
W-squared Accounting
Address
15391 LONE HILL RD, LOS GATOS, CA 95032
Preparer
William Wilson
Phone
4086879426
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“The newark chamber of commerce is a membership-based business organization dedicated to supporting, creating and maintaining the economic vitality of our businesses and community. Our programs, business services and events all serve the purpose of assisting our members to grow and thrive. Our strength lies in a broad-based membership comprised of businesses and many community organizations and agencies. The chamber is a local leader in the following core areas: - strengthening the local economy - promoting and connecting the community - providing quality networking and relationship-building opportunities - representing business to government”

Form 990, Page 2, Part III, Line 4D

“Operate for the benefit of local businesses”

Raw XML Appendix254 raw XML fields

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

Path#Value
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IRS990/ActivitiesConductedPrtshpInd0false
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IRS990/AnnualDisclosureCoveredPrsnInd0true
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IRS990/BooksInCareOfDetail/PhoneNum05105784500
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IRS990/BooksInCareOfDetail/USAddress/CityNm0NEWARK
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IRS990/CYBenefitsPaidToMembersAmt00
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IRS990/CYOtherRevenueAmt00
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IRS990/CYRevenuesLessExpensesAmt04009
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IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt032609
IRS990/DecisionsSubjectToApprovaInd0false
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IRS990/DeductibleNonCashContriInd0false
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IRS990/DescribedInSection501c3Ind0false
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IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
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IRS990/FeesForServicesOtherGrp/TotalAmt0809
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0ZAHEER ALI
IRS990/Form990PartVIISectionAGrp/PersonNm1JUSTIN DORSEY
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IRS990/Form990PartVIISectionAGrp/PersonNm3DEBORAH MONTES
IRS990/Form990PartVIISectionAGrp/PersonNm4JONATHAN WONG
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR - C
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR - S
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt032609
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt01531
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE NEWARK CHAMBER OF COMMERCE IS A MEMBERSHIP-BASED BUSINESS ORGANIZATION DEDICATED TO SUPPORTING, CREATING AND MAINTAINING THE ECONOMIC VITALITY OF OUR BUSINESSES AND COMMUNITY. OUR PROGRAMS, BUSINESS SERVICES AND EVENTS ALL SERVE THE PURPOSE OF ASSISTING OUR MEMBERS TO GROW AND THRIVE. OUR STRENGTH LIES IN A BROAD-BASED MEMBERSHIP COMPRISED OF BUSINESSES AND MANY COMMUNITY ORGANIZATIONS AND AGENCIES. THE CHAMBER IS A LOCAL LEADER IN THE FOLLOWING CORE AREAS: - STRENGTHENING THE LOCAL ECONOMY - PROMOTING AND CONNECTING THE COMMUNITY - PROVIDING QUALITY NETWORKING AND RELATIONSHIP-BUILDING OPPORTUNITIES - REPRESENTING BUSINESS TO GOVERNMENT
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt018527
IRS990/NetAssetsOrFundBalancesEOYAmt022536
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt018527
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/TotalAmt0735
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0MEMBERSHIP EXPENSES
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINT. - EQUI
IRS990/OtherExpensesGrp/Desc2PROPERTY TAXES
IRS990/OtherExpensesGrp/TotalAmt017818
IRS990/OtherExpensesGrp/TotalAmt11000
IRS990/OtherExpensesGrp/TotalAmt240
IRS990/OtherLiabilitiesGrp/BOYAmt01603
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IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
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IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/Desc2SPONSORSHIPS
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYOtherExpensesAmt020372
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IRS990/PYTotalRevenueAmt082607
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE NEWARK CHAMBER OF COMMERCE IS A MEMBERSHIP-BASED BUSINESS ORGANIZATION DEDICATED TO SUPPORTING, CREATING AND MAINTAINING THE ECONOMIC VITALITY OF OUR BUSINESSES AND COMMUNITY. OUR PROGRAMS, BUSINESS SERVICES AND EVENTS ALL SERVE THE PURPOSE OF ASSISTING OUR MEMBERS TO GROW AND THRIVE. OUR STRENGTH LIES IN A BROAD-BASED MEMBERSHIP COMPRISED OF BUSINESSES AND MANY COMMUNITY ORGANIZATIONS AND AGENCIES. THE CHAMBER IS A LOCAL LEADER IN THE FOLLOWING CORE AREAS: - STRENGTHENING THE LOCAL ECONOMY - PROMOTING AND CONNECTING THE COMMUNITY - PROVIDING QUALITY NETWORKING AND RELATIONSHIP-BUILDING OPPORTUNITIES - REPRESENTING BUSINESS TO GOVERNMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OPERATE FOR THE BENEFIT OF LOCAL BUSINESSES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 WAS MADE AVAILABLE TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO THE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd094560
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IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0HTTPS://WWW.NEWARK-CHAMBER.COM/
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DEBORAH MONTES
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR - CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum05105784500
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-07-25
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ReturnHeader/Filer/BusinessNameControlTxt0NEWA
ReturnHeader/Filer/EIN0941371238
ReturnHeader/Filer/PhoneNum05105784500
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ReturnHeader/Filer/USAddress/CityNm0NEWARK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094560
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt015391 LONE HILL RD
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd095032
ReturnHeader/PreparerPersonGrp/PhoneNum04086879426
ReturnHeader/PreparerPersonGrp/PreparationDt02022-07-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM WILSON
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-07-26T16:46:24-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DEBORAH
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MONTES
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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