Civic Intelligence

Palm Springs Chamber of Commerce

EIN 95-1083673 • 501(c)6 • Palm Springs, CA

Profile

The Chamber was organized to strengthen business and commerce by promoting economic development in Palm Springs and the Coachella Valley.

190 W Amado RdPalm Springs, CA 92262

www.pschamber.org

Siviq Scores

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

Liabilities / Assets

81st percentile

0.44x

Higher debt load relative to assets than 81% of similar nonprofits.

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

Liabilities / Revenue

83rd percentile

0.50x

Higher debt load relative to revenue than 83% of similar nonprofits.

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

Net Margin

35th percentile

0.1%

Higher net margin than 35% of similar nonprofits.

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

Top Officer Pay

59th percentile

$165,000

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 18.1% of source-year revenue.

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

Asset Growth

72nd percentile

13%

Faster asset growth than 72% of similar nonprofits.

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

Revenue Growth

46th percentile

4.2%

Faster revenue growth than 46% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets81st percentile

Assets

Up

$1,038,689

Up $120,768 (+13%) from 2023

Liabilities

Up

$460,418

Up $119,529 (+35%) from 2023

Net Assets

Up

$578,271

Up $1,239 (+0.2%) from 2023

Operations
Liabilities / Revenue83rd percentileNet Margin35th percentile

Revenue

Up

$913,802

Up $37,186 (+4.2%) from 2023

Expenses

Up

$912,563

Up $132,689 (+17%) from 2023

Net Income

Down

$1,239

Down $95,503 (-99%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth72nd percentile

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

$1.5M$1.0M$500K$0Assets 2011: $170,944Liabilities 2011: $31,956Net Assets 2011: $138,9882011Assets 2012: $170,870Liabilities 2012: $44,321Net Assets 2012: $126,5492012Assets 2013: $172,944Liabilities 2013: $48,555Net Assets 2013: $124,3892013Assets 2014: $187,441Liabilities 2014: $39,952Net Assets 2014: $147,4892014Assets 2015: $254,432Liabilities 2015: $51,832Net Assets 2015: $202,6002015Assets 2016: $303,158Liabilities 2016: $38,691Net Assets 2016: $264,4672016Assets 2017: $412,001Liabilities 2017: $97,272Net Assets 2017: $314,7292017Assets 2018: $486,317Liabilities 2018: $151,813Net Assets 2018: $334,5042018Assets 2019: $546,262Liabilities 2019: $140,081Net Assets 2019: $406,1812019Assets 2020: $637,111Liabilities 2020: $146,521Net Assets 2020: $490,5902020Assets 2021: $698,491Liabilities 2021: $276,714Net Assets 2021: $421,7772021Assets 2022: $825,264Liabilities 2022: $344,974Net Assets 2022: $480,2902022Assets 2023: $917,921Liabilities 2023: $340,889Net Assets 2023: $577,0322023Assets 2024: $1,038,689Liabilities 2024: $460,418Net Assets 2024: $578,2712024

Highlighted filing

2024

Assets$1,038,689
Liabilities$460,418
Net Assets$578,271
Open 2024 Filing

Operations Trend

Revenue Growth46th percentile

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

$1.0M$500K$0-$500KRevenue 2011: $349,989Expenses 2011: $347,627Net Income 2011: $2,3622011Revenue 2012: $353,275Expenses 2012: $365,714Net Income 2012: -$12,4392012Revenue 2013: $384,855Expenses 2013: $387,015Net Income 2013: -$2,1602013Revenue 2014: $462,132Expenses 2014: $439,032Net Income 2014: $23,1002014Revenue 2015: $567,220Expenses 2015: $512,109Net Income 2015: $55,1112015Revenue 2016: $610,006Expenses 2016: $548,139Net Income 2016: $61,8672016Revenue 2017: $578,588Expenses 2017: $528,326Net Income 2017: $50,2622017Revenue 2018: $590,225Expenses 2018: $570,450Net Income 2018: $19,7752018Revenue 2019: $607,078Expenses 2019: $535,401Net Income 2019: $71,6772019Revenue 2020: $588,016Expenses 2020: $503,607Net Income 2020: $84,4092020Revenue 2021: $453,108Expenses 2021: $520,696Net Income 2021: -$67,5882021Revenue 2022: $770,534Expenses 2022: $712,243Net Income 2022: $58,2912022Revenue 2023: $876,616Expenses 2023: $779,874Net Income 2023: $96,7422023Revenue 2024: $913,802Expenses 2024: $912,563Net Income 2024: $1,2392024

Highlighted filing

2024

Revenue$913,802
Expenses$912,563
Net Income$1,239
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,038,689
Liabilities
$460,418
Net assets
$578,271
Revenue
$913,802
Expenses
$912,563
Net income
$1,239
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.04$0.46$0.58$0.91$0.91$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.92$0.34$0.58$0.88$0.78$0.10
2022Detailed filing. Detailed filing data is available for this year.$0.83$0.34$0.48$0.77$0.71$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.70$0.28$0.42$0.45$0.52$0.07
2020Detailed filing. Detailed filing data is available for this year.$0.64$0.15$0.49$0.59$0.50$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.55$0.14$0.41$0.61$0.54$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.49$0.15$0.33$0.59$0.57$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.41$0.10$0.31$0.58$0.53$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.30$0.04$0.26$0.61$0.55$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.25$0.05$0.20$0.57$0.51$0.06
2014Summary only. Only limited summary data is available for this year.$0.19$0.04$0.15$0.46$0.44$0.02
2013Summary only. Only limited summary data is available for this year.$0.17$0.05$0.12$0.38$0.39$0.00
2012Summary only. Only limited summary data is available for this year.$0.17$0.04$0.13$0.35$0.37$0.01
2011Summary only. Only limited summary data is available for this year.$0.17$0.03$0.14$0.35$0.35$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 12, 2025
Return Version
2023v6.0
Gross Receipts
$913,802
Mission and Program Overview

Mission

The chamber was organized to strengthen business and commerce by promoting economic development in palm springs and the coachella valley.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$487,342$508,192▲ $20,850
Accounts Receivable$241,566$317,034▲ $75,468
Land, Buildings, and Equipment, Net$187,413$197,021▲ $9,608
Prepaid Expenses and Deferred Charges-$14,840-
Savings and Temporary Cash Investments-$0-
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-
Inventories for Sale or Use-$0-
Total Assets$917,921$1,038,689▲ $120,768
Other Assets Total$1,600$1,602▲ $2
Liabilities
Deferred Revenue$294,662$381,638▲ $86,976
Accounts Payable and Accrued Expenses$38,130$59,074▲ $20,944
Other Liabilities$8,097$19,706▲ $11,609
Total Liabilities$340,889$460,418▲ $119,529
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$577,032$578,271▲ $1,239
Total Net Assets Fund Balance$577,032$578,271▲ $1,239
Total Liabilities and Net Assets / Fund Balance$917,921$1,038,689▲ $120,768

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$40,963$244,529$285,492
Leasehold Improvements$132,800$59,819$192,619
Other Land Buildings$620$74,969$75,589
Equipment-$50,561$50,561
Land$22,638-$22,638
Compensation and Service Providers
Top Officer Pay59th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Nona WatsonCEOFT$165,000$165,000

Board Members and Trustees

NameTitle
Gabriel TerradoPresident
Angie HoytDirector
Bryan RogersDirector
Candace AndersonDirector
Chris DrummDirector
Daniel MeierDirector
Jen SymourDirector
John BoltonDirector
Julie MontanteDirector
Kelly McLeanDirector
Kelly TeoDirector
Kim RoznoskiDirector
Scott SaundersDirector
Shannon MillerDirector
Todd BurkeDirector
Wendy BeerbowerDirector
Kirstin BloomerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$238,458
Program Service Revenue
$419,164
Investment Income
$6,869
Other Revenue
$249,311
Change in Net Assets
$1,239
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$470,349
Other Expenses$442,214
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$207,081$33,815-$240,896
Current Officers, Directors, Trustees, and Key Employees$99,000$66,000-$165,000
All Other Expenses$49,110$15,102-$64,212
Payroll Taxes$9,737$25,118-$34,855
Depreciation Depletion$16,475$5,491-$21,966
Other Employee Benefits$104$21,477-$21,581
Other Expenses$13,656$4,552-$18,208
Conferences and Meetings$7,338$1,676-$9,014
Fees for Services Accounting$6,233$2,077-$8,310
Pension Plan Contributions$1,748$6,269-$8,017
Insurance$5,764$1,921-$7,685
Fees for Services Other$1,538--$1,538
Total Functional Expenses$547,561$365,002$0$912,563
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
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
Stale Dated Checks$8,602
Co-Working Deposits Grit$6,600
Co-Working Deposits Plaza$4,000
Prepaid Co-Working$504
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
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, Part VI, Section B, Line 11B

“No review was or will be conducted.”

Form 990, Part VI, Section B, Line 12C

“Enforcement of conflicts of policy at all times, prudent behavior should indicate actions taken or board appointments made where a potential conflict of interest is evident. Board members should make any potential conflicts of interest known to the other members of the board. In the event of a situation where conflict of interest could influence decision making, board members should excuse themselves from the situation. A board members absence from a meeting due to conflict of interest issues should be noted in the minutes.”

Form 990, Part VI, Section B, Line 15A

“Compensation process for CEO: Research is conducted by a search/hiring committee based primarily on comparability of similar positions in the area with final compensation determined by the executive committee of the board.”

Form 990, Part VI, Section C, Line 19

“Governing documrents are available to all members and other interested parties upon written request.”

Filing and Contact Details

Filer

Filer Name
Palm Springs Chamber of Commerce
EIN
95-1083673
Phone
7603251577
Address
190 W Amado Rd, Palm Springs, CA 92262

Signing Officer

Name
Nona Watson
Title
President & CEO
Signed
2025-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nona Watson
Formed
1940
Legal Domicile
CA
Voting Board Members
17
Independent Board Members
17
Employees
6

Preparer

Firm
Pam Weekley and Associates
Address
36665 Palmdale Rd, Rancho Mirage, CA 92270
Preparer
Pam Weekley
Phone
7606255549
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IRS990/Form990PartVIISectionAGrp/PersonNm0Nona Watson
IRS990/Form990PartVIISectionAGrp/PersonNm1Wendy Beerbower
IRS990/Form990PartVIISectionAGrp/PersonNm2Angie Hoyt
IRS990/Form990PartVIISectionAGrp/PersonNm3Kirstin Bloomer
IRS990/Form990PartVIISectionAGrp/PersonNm4Shannon Miller
IRS990/Form990PartVIISectionAGrp/PersonNm5Julie Montante
IRS990/Form990PartVIISectionAGrp/PersonNm6Kim Roznoski
IRS990/Form990PartVIISectionAGrp/PersonNm7Jen Symour
IRS990/Form990PartVIISectionAGrp/PersonNm8Gabriel Terrado
IRS990/Form990PartVIISectionAGrp/PersonNm9Daniel Meier
IRS990/Form990PartVIISectionAGrp/PersonNm10Candace Anderson
IRS990/Form990PartVIISectionAGrp/PersonNm11John Bolton
IRS990/Form990PartVIISectionAGrp/PersonNm12Scott Saunders
IRS990/Form990PartVIISectionAGrp/PersonNm13Todd Burke
IRS990/Form990PartVIISectionAGrp/PersonNm14Kelly McLean
IRS990/Form990PartVIISectionAGrp/PersonNm15Chris Drumm
IRS990/Form990PartVIISectionAGrp/PersonNm16Kelly Teo
IRS990/Form990PartVIISectionAGrp/PersonNm17Bryan Rogers
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