Civic Intelligence

Corona Chamber of Commerce

EIN 95-0651175 • 501(c)6 • Corona, CA

View Organization Page

Profile

The Corona Chamber promotes business, advocacy, community, and economic development while serving as a catalyst for improving the overall quality of life in our community and region.

904 E Sixth StreetCorona, CA 92879

www.mychamber.org

Siviq Scores

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

Liabilities / Assets

95th percentile

0.82x

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

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

78th percentile

0.43x

Higher debt load relative to revenue than 78% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

39th percentile

1.2%

Higher net margin than 39% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

63rd percentile

9.9%

Faster asset growth than 63% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

65th percentile

12%

Faster revenue growth than 65% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets95th percentile

Assets

Up

$680,024

Up $61,208 (+9.9%) from 2023

Liabilities

Up

$559,273

Up $45,883 (+8.9%) from 2023

Net Assets

Up

$120,751

Up $15,325 (+15%) from 2023

Operations
Liabilities / Revenue78th percentileNet Margin39th percentile

Revenue

Up

$1,315,370

Up $144,409 (+12%) from 2023

Expenses

Up

$1,300,045

Up $155,296 (+14%) from 2023

Net Income

Down

$15,325

Down $10,887 (-42%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth63rd percentile

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

$800K$600K$400K$200K$0-$200KAssets 2010: $160,674Liabilities 2010: $271,826Net Assets 2010: -$111,1522010Assets 2011: $195,886Liabilities 2011: $269,341Net Assets 2011: -$73,4552011Assets 2012: $176,094Liabilities 2012: $259,821Net Assets 2012: -$83,7272012Assets 2013: $115,012Liabilities 2013: $191,886Net Assets 2013: -$76,8742013Assets 2014: $143,984Liabilities 2014: $208,821Net Assets 2014: -$64,8372014Assets 2015: $182,028Liabilities 2015: $239,019Net Assets 2015: -$56,9912015Assets 2016: $205,898Liabilities 2016: $316,336Net Assets 2016: -$110,4382016Assets 2017: $199,179Liabilities 2017: $207,606Net Assets 2017: -$8,4272017Assets 2018: $197,187Liabilities 2018: $177,370Net Assets 2018: $19,8172018Assets 2019: $238,960Liabilities 2019: $218,219Net Assets 2019: $20,7412019Assets 2020: $500,586Liabilities 2020: $388,311Net Assets 2020: $112,2752020Assets 2021: $655,806Liabilities 2021: $549,317Net Assets 2021: $106,4892021Assets 2022: $531,668Liabilities 2022: $452,454Net Assets 2022: $79,2142022Assets 2023: $618,816Liabilities 2023: $513,390Net Assets 2023: $105,4262023Assets 2024: $680,024Liabilities 2024: $559,273Net Assets 2024: $120,7512024

Highlighted filing

2024

Assets$680,024
Liabilities$559,273
Net Assets$120,751
Open 2024 Filing

Operations Trend

Revenue Growth65th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $949,589Expenses 2010: $1,006,656Net Income 2010: -$57,0672010Revenue 2011: $815,892Expenses 2011: $778,195Net Income 2011: $37,6972011Revenue 2012: $962,567Expenses 2012: $972,839Net Income 2012: -$10,2722012Revenue 2013: $918,929Expenses 2013: $912,076Net Income 2013: $6,8532013Revenue 2014: $828,541Expenses 2014: $816,504Net Income 2014: $12,0372014Revenue 2015: $902,606Expenses 2015: $894,760Net Income 2015: $7,8462015Revenue 2016: $878,004Expenses 2016: $931,451Net Income 2016: -$53,4472016Revenue 2017: $934,951Expenses 2017: $832,940Net Income 2017: $102,0112017Revenue 2018: $1,031,277Expenses 2018: $1,021,782Net Income 2018: $9,4952018Revenue 2019: $971,783Expenses 2019: $970,859Net Income 2019: $9242019Revenue 2020: $908,581Expenses 2020: $817,047Net Income 2020: $91,5342020Revenue 2021: $1,169,829Expenses 2021: $1,175,615Net Income 2021: -$5,7862021Revenue 2022: $1,320,369Expenses 2022: $1,347,644Net Income 2022: -$27,2752022Revenue 2023: $1,170,961Expenses 2023: $1,144,749Net Income 2023: $26,2122023Revenue 2024: $1,315,370Expenses 2024: $1,300,045Net Income 2024: $15,3252024

Highlighted filing

2024

Revenue$1,315,370
Expenses$1,300,045
Net Income$15,325
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$680,024
Liabilities
$559,273
Net assets
$120,751
Revenue
$1,315,370
Expenses
$1,300,045
Net income
$15,325
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.56$0.12$1.32$1.30$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.62$0.51$0.11$1.17$1.14$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.53$0.45$0.08$1.32$1.35$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.66$0.55$0.11$1.17$1.18$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.50$0.39$0.11$0.91$0.82$0.09
2019Summary only. Only limited summary data is available for this year.$0.24$0.22$0.02$0.97$0.97$0.00
2018Summary only. Only limited summary data is available for this year.$0.20$0.18$0.02$1.03$1.02$0.01
2017Summary only. Only limited summary data is available for this year.$0.20$0.21$0.01$0.93$0.83$0.10
2016Summary only. Only limited summary data is available for this year.$0.21$0.32$0.11$0.88$0.93$0.05
2015Summary only. Only limited summary data is available for this year.$0.18$0.24$0.06$0.90$0.89$0.01
2014Summary only. Only limited summary data is available for this year.$0.14$0.21$0.06$0.83$0.82$0.01
2013Summary only. Only limited summary data is available for this year.$0.12$0.19$0.08$0.92$0.91$0.01
2012Summary only. Only limited summary data is available for this year.$0.18$0.26$0.08$0.96$0.97$0.01
2011Summary only. Only limited summary data is available for this year.$0.20$0.27$0.07$0.82$0.78$0.04
2010Summary only. Only limited summary data is available for this year.$0.16$0.27$0.11$0.95$1.01$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$1,427,482
Mission and Program Overview

Mission

To promote and encourage business in the city of corona

The Corona Chamber promotes business, advocacy, community, and economic development while serving as a catalyst for improving the overall quality of life in our community and region.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$193,674$298,027▲ $104,353
Savings and Temporary Cash Investments$200,000$165,085▼ $34,915
Accounts Receivable$102,515$96,491▼ $6,024
Land, Buildings, and Equipment, Net$109,106$93,853▼ $15,253
Prepaid Expenses and Deferred Charges$11,522$22,869▲ $11,347
Inventories for Sale or Use$1,999$1,699▼ $300
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$618,816$680,024▲ $61,208
Other Assets Total-$2,000-
Liabilities
Deferred Revenue$270,537$299,545▲ $29,008
Accounts Payable and Accrued Expenses$167,506$153,620▼ $13,886
Other Liabilities$75,347$106,108▲ $30,761
Total Liabilities$513,390$559,273▲ $45,883
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$95,199$110,524▲ $15,325
Net Assets With Donor Restrictions$10,227$10,227→ $0
Total Net Assets Fund Balance$105,426$120,751▲ $15,325
Total Liabilities and Net Assets / Fund Balance$618,816$680,024▲ $61,208

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$28$121,386$121,414
Buildings$35,885$49,326$85,211
Equipment$47,866$33,725$81,591
Other Land Buildings-$17,587$17,587
Land$10,074-$10,074
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Robert SpiegelPres/CEO/SecFT$155,000$155,000

Board Members and Trustees

NameTitle
Anthony PirritanoChair Elect
Dean SeifChairman
Sam BuenrostroTreas/Fin Chair
Chad MillerVice Chair
Ruth JaffeVice Chair Fin
Adam CancellieriDirector
Barry E KnightDirector
Cisco PerezDirector
Corry SheddDirector
David BrambilaDirector
Eugene MontanezDirector
Grace ClarkDirector
Javier MontesDirector
Jeff MillerDirector
Jesse RamirezDirector
Jim GoreDirector
John WeyhgandtDirector
Kathy ArmstrongDirector
Kim MabonDirector
Lea PetersenDirector
Lily QuiroaDirector
Marta CortezDirector
Mike QuraishiDirector
Monica GreenDirector
Prabh GrewalDirector
Sam ItaniDirector
Tim GramlingDirector
Palbinder BadeshaImmed Past Chai
Revenue and Support

Revenue Composition

Contributions and Grants
$895,843
Program Service Revenue
$366,725
Investment Income
$14,288
Other Revenue
$38,514
Change in Net Assets
$15,325
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$728,969
Salaries, Compensation, and Employee Benefits$571,076
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$411,468
Office Expenses---$272,301
Current Officers, Directors, Trustees, and Key Employees---$155,000
Conferences and Meetings---$142,657
Fees for Services Other---$70,366
Occupancy---$35,413
Advertising---$34,708
Fees for Services Accounting---$28,875
Travel---$17,784
Depreciation Depletion---$15,253
Insurance---$11,425
Other Expenses---$7,568
Other Employee Benefits---$4,608
Interest---$4,504
All Other Expenses---$3,643
Total Functional Expenses$0$0$0$1,300,045
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$111,812
Fundraising Gross Income$111,812
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Event$79,660$52,376$52,376$0
Legislation Gala$107,765$11,172$11,172$0
Total Events$294,643$111,812$111,812-
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Wages & PTO Payable$55,329
Lease liability$50,006
Sales Tax Payable$708
Payroll Liabilities$65
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Return is made available to the officers and board of directors prior filing for their review.”

Form 990, Part VI, Section C, Line 19

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Corona Chamber of Commerce
EIN
95-0651175
Phone
9517373350
Address
904 E Sixth Street, Corona, CA 92879

Signing Officer

Name
Robert Spiegel
Title
Pres/CEO/Sec
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Spiegel
Formed
1910
Legal Domicile
CA
Voting Board Members
29
Independent Board Members
29
Employees
10
Volunteers
100

Preparer

Firm
Grace S Clark CPA APC
Address
400 S Ramona Ave Suite 106, Corona, CA 92879
Preparer
Grace S Clark
Phone
9513992675
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“Executive team is responsible for selection of independent CPA.”

Raw XML AppendixShowing 400 of 614 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.

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