Civic Intelligence

Milpitas Chamber of Commerce

990EZ • Fiscal year 2020 • EIN 94-1437366

Jul 01, 2019 to Jun 30, 2020 • Filed on Jan 12, 2021

828 N Hillview DriveMilpitas, CA 95035

(408) 262-2613

Siviq Scores

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

Liabilities / Assets

61st percentile

0.03x

Higher debt load relative to assets than 61% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

58th percentile

0.02x

Higher debt load relative to revenue than 58% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

53rd percentile

4.9%

Higher net margin than 53% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

58th percentile

7.4%

Faster asset growth than 58% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

88th percentile

14%

Faster revenue growth than 88% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$70,177

Up $4,842 (+7.4%) from 2019

Net Assets

Up

$68,114

Up $5,583 (+8.9%) from 2019

Liabilities

Down

$2,063

Down $741 (-26%) from 2019

Revenue

Up

$113,315

Up $14,013 (+14%) from 2019

Expenses

Up

$107,732

Up $20,848 (+24%) from 2019

Net Income

Down

$5,583

Down $6,835 (-55%) from 2019

Historical Trend

Balance Sheet Trend

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

$100K$50K$0-$50KAssets 2011: $22,457Liabilities 2011: $1,3792011Assets 2012: $31,511Liabilities 2012: $1,584Net Assets 2012: $29,9272012Assets 2013: $31,653Liabilities 2013: -$2222013Assets 2014: $58,892Liabilities 2014: $2,472Net Assets 2014: $56,4202014Assets 2015: $75,585Liabilities 2015: $3,861Net Assets 2015: $71,7242015Assets 2016: $44,267Liabilities 2016: $2,260Net Assets 2016: $42,0072016Assets 2017: $71,995Liabilities 2017: $11,610Net Assets 2017: $60,3852017Assets 2018: $39,578Liabilities 2018: $2,455Net Assets 2018: $37,1232018Assets 2019: $65,335Liabilities 2019: $2,804Net Assets 2019: $62,5312019Assets 2020: $70,177Liabilities 2020: $2,063Net Assets 2020: $68,1142020Assets 2021: $95,710Liabilities 2021: $10,352Net Assets 2021: $85,3582021Assets 2022: $17,195Liabilities 2022: $12,172Net Assets 2022: $5,0232022Assets 2023: $40,726Liabilities 2023: $59,662Net Assets 2023: -$18,9362023

Highlighted filing

2020

Assets$70,177
Liabilities$2,063
Net Assets$68,114

Operations Trend

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

$150K$100K$50K$0-$50K-$100KRevenue 2011: $112,494Expenses 2011: $133,628Net Income 2011: -$21,1342011Revenue 2012: $134,764Expenses 2012: $124,378Net Income 2012: $10,3862012Revenue 2013: $131,330Expenses 2013: $129,382Net Income 2013: $1,9482013Revenue 2014: $104,872Expenses 2014: $80,327Net Income 2014: $24,5452014Revenue 2015: $106,226Expenses 2015: $85,583Net Income 2015: $20,6432015Revenue 2016: $93,185Expenses 2016: $108,942Net Income 2016: -$15,7572016Revenue 2017: $99,241Expenses 2017: $94,457Net Income 2017: $4,7842017Revenue 2018: $78,022Expenses 2018: $87,792Net Income 2018: -$9,7702018Revenue 2019: $99,302Expenses 2019: $86,884Net Income 2019: $12,4182019Revenue 2020: $113,315Expenses 2020: $107,732Net Income 2020: $5,5832020Revenue 2021: $92,428Expenses 2021: $75,184Net Income 2021: $17,2442021Revenue 2022: $59,425Expenses 2022: $112,477Net Income 2022: -$53,0522022Revenue 2023: $67,007Expenses 2023: $103,231Net Income 2023: -$36,2242023

Highlighted filing

2020

Revenue$113,315
Expenses$107,732
Net Income$5,583
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jan 12, 2021
Return Version
2019v5.0
Gross Receipts
$137,919
Mission and Program Overview

Mission

Provide services and support to the business community and to the city of milpitas

Program Services

DescriptionGrantsExpenses
TO PROVIDE SERVICES AND SUPPORT TO THE BUSINESS COMMUNITY OF MILPITAS--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Warren WettensteinPresident-$0--
Inderjit MundraCFO-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Crab Feed$34,568$34,568$11,450$23,118
Other Events$12,751$12,751$4,442$8,309
Total Events$61,183$61,183$19,678$41,505
Filing and Contact Details

Filer

Filer Name
Milpitas Chamber of Commerce
EIN
94-1437366
Phone
4082622613
Address
828 N Hillview Drive, MILPITAS, CA 95035

Signing Officer

Name
Warren Wettenstein
Title
President
Signed
2021-01-12
Discuss with paid preparer
Yes

Preparer

Firm
Alan R David CPA
Address
1101 S WINCHESTER BLVD STE A-107, SAN JOSE, CA 95128
Preparer
Alan R David CPA
Phone
4084395933
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $225

Other Expenses.1002

Office Expenses $1290

Other Expenses.1006

Payments of Travel or Entertainment for Public Officials $85

Other Expenses.1008

Interest $61

Other Expenses.1009

Depreciation $535

Other Expenses.1

WEB SITE $12600

Other Expenses.2

BOOKKEEPING $6000

Other Expenses.4

BANK CHARGES $2303

Other Expenses.5

TELEPHONE $2210

Other Expenses.7

BOARD EXP $1316

Other Expenses.8

Ins. - business & liability $1260

Other Expenses.9

DUES/SUBSCRIPTIONS $1157

Other Expenses.10

ON-LINE SERVICES $674

Other Expenses.11

INS - WORKERS COMP $520

Other Expenses.12

EQUIPMENT RENTAL $176

Other Expenses.13

LICENSES & FEES $19

Other Expenses.14

ROUNDING $-1

Other Expenses.15

PAYROLL EXP $-151

Other Assets.1

ACCOUNTS RECEIVABLE - Beginning $15606 ACCOUNTS RECEIVABLE - Ending $30309

Other Assets.2

DEPOSITS - Beginning $1292 DEPOSITS - Ending $1292

Other Assets.3

FIXED ASSETS - Beginning $6478 FIXED ASSETS - Ending $6478

Other Assets.4

LESS ACCUM DEPR - Beginning $-5782 LESS ACCUM DEPR - Ending $-6317

Other Assets.5

MISC. REC. - Beginning $0 MISC. REC. - Ending $83

Total Liabilities.1

ACCOUNTS PAYABLE - Beginning $175 ACCOUNTS PAYABLE - Ending $1260

Total Liabilities.2

CC - BofA - Beginning $2629 CC - BofA - Ending $0

Total Liabilities.3

CC - POPPY BANK - Beginning $0 CC - POPPY BANK - Ending $611

Total Liabilities.4

SALES TAX PAYABLE - Beginning $0 SALES TAX PAYABLE - Ending $192

Raw XML Appendix171 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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IRS990EZ/BooksInCareOfDetail/PersonNm0MILPITAS CHAMBER OF COMMERCE
IRS990EZ/BooksInCareOfDetail/PhoneNum04082622613
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0828 N Hillview Drive MILPITAS CA
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MILPITAS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd095035
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt047741
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt038332
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt072960
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IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt05583
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/FundraisingGrossIncomeAmt064823
IRS990EZ/GrossReceiptsAmt0137919
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0136
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt062531
IRS990EZ/NetAssetsOrFundBalancesEOYAmt068114
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt062531
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt068114
IRS990EZ/OccupancyRentUtltsAndMaintAmt028700
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Warren Wettenstein
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Inderjit Mundra
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CFO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt017594
IRS990EZ/OtherAssetsTotalDetail/EOYAmt031845
IRS990EZ/OtherExpensesTotalAmt030279
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE SERVICES AND SUPPORT TO THE BUSINESS COMMUNITY AND TO THE CITY OF MILPITAS
IRS990EZ/PrintingPublicationsPostageAmt04081
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE SERVICES AND SUPPORT TO THE BUSINESS COMMUNITY OF MILPITAS
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt044672
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt024604
IRS990EZ/SpecialEventsNetIncomeLossAmt040219
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02804
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02063
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0107732
IRS990EZ/TotalRevenueAmt0113315
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0www.milpitaschamber.com
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt019678
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0CRAB FEED
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0OTHER EVENTS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt034568
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt012751
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt013864
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt061183
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt034568
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt012751
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt013864
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt061183
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt041505
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt03786
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt019678
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt011450
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt04442
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt02
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $225
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $1290
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Payments of Travel or Entertainment for Public Officials $85
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Interest $61
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Depreciation $535
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5WEB SITE $12600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BOOKKEEPING $6000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7BANK CHARGES $2303
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8TELEPHONE $2210
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9BOARD EXP $1316
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10INS. - BUSINESS & LIABILITY $1260
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11DUES/SUBSCRIPTIONS $1157
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12ON-LINE SERVICES $674
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13INS - WORKERS COMP $520
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14EQUIPMENT RENTAL $176
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15LICENSES & FEES $19
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16ROUNDING $-1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17PAYROLL EXP $-151
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18ACCOUNTS RECEIVABLE - Beginning $15606 ACCOUNTS RECEIVABLE - Ending $30309
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19DEPOSITS - Beginning $1292 DEPOSITS - Ending $1292
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20FIXED ASSETS - Beginning $6478 FIXED ASSETS - Ending $6478
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21LESS ACCUM DEPR - Beginning $-5782 LESS ACCUM DEPR - Ending $-6317
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22MISC. REC. - Beginning $0 MISC. REC. - Ending $83
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt23ACCOUNTS PAYABLE - Beginning $175 ACCOUNTS PAYABLE - Ending $1260
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt24CC - BofA - Beginning $2629 CC - BofA - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt25CC - POPPY BANK - Beginning $0 CC - POPPY BANK - Ending $611
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt26SALES TAX PAYABLE - Beginning $0 SALES TAX PAYABLE - Ending $192
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1006
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1008
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Other Expenses.11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Other Expenses.12
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Other Expenses.13
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Other Expenses.14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Other Expenses.15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Other Assets.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Other Assets.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Other Assets.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21Other Assets.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc22Other Assets.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc23Total Liabilities.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc24Total Liabilities.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc25Total Liabilities.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc26Total Liabilities.4
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Warren Wettenstein
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-01-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MILPITAS CHAMBER OF COMMERCE
ReturnHeader/Filer/BusinessNameControlTxt0MILP
ReturnHeader/Filer/EIN0941437366
ReturnHeader/Filer/PhoneNum04082622613
ReturnHeader/Filer/USAddress/AddressLine1Txt0828 N Hillview Drive
ReturnHeader/Filer/USAddress/CityNm0MILPITAS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd095035
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0561648144
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Alan R David CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01101 S WINCHESTER BLVD STE A-107
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAN JOSE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd095128
ReturnHeader/PreparerPersonGrp/PhoneNum04084395933
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Alan R David CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-01-12T12:11:31-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

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