Civic Intelligence

Milpitas Chamber of Commerce

990EZ • Fiscal year 2021 • EIN 94-1437366

Jul 01, 2020 to Jun 30, 2021 • Filed on Jan 22, 2022

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

72nd percentile

0.11x

Higher debt load relative to assets than 72% of similar nonprofits.

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

Liabilities / Revenue

73rd percentile

0.11x

Higher debt load relative to revenue than 73% of similar nonprofits.

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

Net Margin

67th percentile

19%

Higher net margin than 67% of similar nonprofits.

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

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

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

Asset Growth

82nd percentile

36%

Faster asset growth than 82% of similar nonprofits.

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

Revenue Growth

27th percentile

-18%

Faster revenue growth than 27% of similar nonprofits.

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

Assets

Up

$95,710

Up $25,533 (+36%) from 2020

Net Assets

Up

$85,358

Up $17,244 (+25%) from 2020

Liabilities

Up

$10,352

Up $8,289 (+402%) from 2020

Revenue

Down

$92,428

Down $20,887 (-18%) from 2020

Expenses

Down

$75,184

Down $32,548 (-30%) from 2020

Net Income

Up

$17,244

Up $11,661 (+209%) from 2020

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

2021

Assets$95,710
Liabilities$10,352
Net Assets$85,358

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

2021

Revenue$92,428
Expenses$75,184
Net Income$17,244
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jan 22, 2022
Return Version
2020v4.0
Gross Receipts
$95,244
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
Bingo$13,548$13,548-$13,548
Other Events$9,360$9,360$2,816$6,544
Total Events$22,908$22,908$2,816$20,092
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
2022-01-22
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 $450

Other Expenses.1002

Office Expenses $743

Other Expenses.1006

Payments of Travel or Entertainment for Public Officials $17

Other Expenses.1008

Interest $12

Other Expenses.1009

Depreciation $286

Other Expenses.1

BOOKKEEPING $6225

Other Expenses.2

BANK CHARGES $3840

Other Expenses.3

WEB SITE $3670

Other Expenses.4

TELEPHONE $2070

Other Expenses.5

Ins. - business & liability $1234

Other Expenses.6

DUES/SUBSCRIPTIONS $739

Other Expenses.8

PAYROLL EXP $524

Other Expenses.10

INS - WORKERS COMP $439

Other Expenses.11

AMBASSADOR EXP $300

Other Expenses.12

BOARD EXP $177

Other Expenses.13

ON-LINE SERVICES $124

Other Expenses.14

EQUIPMENT RENTAL $88

Other Expenses.15

LICENSES & FEES $44

Other Expenses.16

ROUNDING $-1

Other Assets.1

ACCOUNTS RECEIVABLE - Beginning $30309 ACCOUNTS RECEIVABLE - Ending $29622

Other Assets.2

DEPOSITS - Beginning $1292 DEPOSITS - Ending $1292

Other Assets.3

FIXED ASSETS - Beginning $6478 FIXED ASSETS - Ending $7101

Other Assets.4

LESS ACCUM DEPR - Beginning $-6317 LESS ACCUM DEPR - Ending $-6603

Other Assets.5

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

Total Liabilities.1

ACCOUNTS PAYABLE - Beginning $1260 ACCOUNTS PAYABLE - Ending $0

Total Liabilities.2

- Beginning $0 - Ending $0

Total Liabilities.3

CC - POPPY BANK - Beginning $611 CC - POPPY BANK - Ending $1298

Raw XML Appendix172 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/BOYAmt038332
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt064298
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IRS990EZ/ContributionsGiftsGrantsEtcAmt067505
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt017244
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt070177
IRS990EZ/Form990TotalAssetsGrp/EOYAmt095710
IRS990EZ/FundraisingGrossIncomeAmt027538
IRS990EZ/GrossReceiptsAmt095244
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0201
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt068114
IRS990EZ/NetAssetsOrFundBalancesEOYAmt085358
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt068114
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt085358
IRS990EZ/OccupancyRentUtltsAndMaintAmt012800
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/BOYAmt031845
IRS990EZ/OtherAssetsTotalDetail/EOYAmt031412
IRS990EZ/OtherExpensesTotalAmt020981
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE SERVICES AND SUPPORT TO THE BUSINESS COMMUNITY AND TO THE CITY OF MILPITAS
IRS990EZ/PrintingPublicationsPostageAmt01090
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE SERVICES AND SUPPORT TO THE BUSINESS COMMUNITY OF MILPITAS
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt040313
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt02816
IRS990EZ/SpecialEventsNetIncomeLossAmt024722
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02063
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt010352
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt075184
IRS990EZ/TotalRevenueAmt092428
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0www.milpitaschamber.com
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt02816
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BINGO
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0OTHER EVENTS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt013548
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt09360
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt022908
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt013548
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt09360
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt022908
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt020092
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02816
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt02816
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $450
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $743
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Payments of Travel or Entertainment for Public Officials $17
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Interest $12
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Depreciation $286
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOOKKEEPING $6225
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BANK CHARGES $3840
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7WEB SITE $3670
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8TELEPHONE $2070
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9INS. - BUSINESS & LIABILITY $1234
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10DUES/SUBSCRIPTIONS $739
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11PAYROLL EXP $524
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12INS - WORKERS COMP $439
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13AMBASSADOR EXP $300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14BOARD EXP $177
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15ON-LINE SERVICES $124
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16EQUIPMENT RENTAL $88
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17LICENSES & FEES $44
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18ROUNDING $-1
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19ACCOUNTS RECEIVABLE - Beginning $30309 ACCOUNTS RECEIVABLE - Ending $29622
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20DEPOSITS - Beginning $1292 DEPOSITS - Ending $1292
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21FIXED ASSETS - Beginning $6478 FIXED ASSETS - Ending $7101
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22LESS ACCUM DEPR - Beginning $-6317 LESS ACCUM DEPR - Ending $-6603
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt23MISC. REC. - Beginning $83 MISC. REC. - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt24ACCOUNTS PAYABLE - Beginning $1260 ACCOUNTS PAYABLE - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt25- Beginning $0 - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt26CC - POPPY BANK - Beginning $611 CC - POPPY BANK - Ending $1298
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.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.8
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 Expenses.16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Other Assets.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Other Assets.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21Other Assets.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc22Other Assets.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc23Other Assets.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc24Total Liabilities.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc25Total Liabilities.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc26Total Liabilities.3
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Warren Wettenstein
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-01-22
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/PreparerFirmEIN0272112436
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/ReturnTs02022-01-22T12:25:25-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Warren
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Wettenstein
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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Filings