Civic Intelligence

Vernon Chamber of Commerce

EIN 95-1643499 • 501(c)6 • Vernon, CA

Profile

The mission of the Chamber is to provide business resources, education and advocacy to the community to strengthen and enhance economic prosperity for its members and the city.

2724 Leonis BlvdVernon, CA 90058

www.vernonchamber.org

Siviq Scores

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

Liabilities / Assets

85th percentile

0.28x

Higher debt load relative to assets than 85% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

78th percentile

0.11x

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

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

76th percentile

15%

Higher net margin than 76% of similar nonprofits.

501(c)6 • <$500k 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

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Assets

Down

$149,298

Down $104,327 (-41%) from 2019

Liabilities

Down

$41,197

Down $42,230 (-51%) from 2019

Net Assets

Down

$108,101

Down $62,097 (-36%) from 2019

Revenue

Up

$363,674

Up $116,997 (+47%) from 2019

Expenses

Up

$307,587

Up $57,241 (+23%) from 2019

Net Income

Up

$56,087

Up $59,756 (+1629%) from 2019

Trend Graphs

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $281,240Liabilities 2011: $32,647Net Assets 2011: $248,5932011Assets 2012: $320,530Liabilities 2012: $85,959Net Assets 2012: $234,5712012Assets 2013: $354,425Liabilities 2013: $167,378Net Assets 2013: $187,0472013Assets 2014: $327,693Liabilities 2014: $41,785Net Assets 2014: $285,9082014Assets 2015: $300,518Liabilities 2015: $38,672Net Assets 2015: $261,8462015Assets 2016: $208,260Liabilities 2016: $31,118Net Assets 2016: $177,1422016Assets 2017: $199,097Liabilities 2017: $33,706Net Assets 2017: $165,3912017Assets 2018: $210,160Liabilities 2018: $36,293Net Assets 2018: $173,8672018Assets 2019: $253,625Liabilities 2019: $83,427Net Assets 2019: $170,1982019Assets 2024: $149,298Liabilities 2024: $41,197Net Assets 2024: $108,1012024

Highlighted filing

2024

Assets$149,298
Liabilities$41,197
Net Assets$108,101

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $627,332Expenses 2011: $607,101Net Income 2011: $20,2312011Revenue 2012: $511,420Expenses 2012: $533,674Net Income 2012: -$22,2542012Revenue 2013: $296,993Expenses 2013: $314,809Net Income 2013: -$17,8162013Revenue 2014: $429,341Expenses 2014: $323,006Net Income 2014: $106,3352014Revenue 2015: $325,892Expenses 2015: $349,954Net Income 2015: -$24,0622015Revenue 2016: $260,775Expenses 2016: $345,479Net Income 2016: -$84,7042016Revenue 2017: $304,119Expenses 2017: $303,891Net Income 2017: $2282017Revenue 2018: $238,460Expenses 2018: $256,360Net Income 2018: -$17,9002018Revenue 2019: $246,677Expenses 2019: $250,346Net Income 2019: -$3,6692019Revenue 2024: $363,674Expenses 2024: $307,587Net Income 2024: $56,0872024

Highlighted filing

2024

Revenue$363,674
Expenses$307,587
Net Income$56,087

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 7, 2025
Return Version
2024v5.2
Gross Receipts
$392,861
Mission and Program Overview

Mission

The mission of the Chamber is to provide business resources, education and advocacy to the community to strengthen and enhance economic prosperity for its members and the city.

The Chamber is a business membership organization that exists to meet the needs of its community and to promote the economic climate of the City of Vernon. The Chamber provides resources and tools to help its members grow and thrive.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$93,761$84,049▼ $9,712
Accounts Receivable$24,616$44,591▲ $19,975
Cash and Non-Interest-Bearing Accounts$6,592$8,728▲ $2,136
Land, Buildings, and Equipment, Net$713$210▼ $503
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-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$126,401$149,298▲ $22,897
Other Assets Total$719$11,720▲ $11,001
Liabilities
Other Liabilities$59,643$37,711▼ $21,932
Accounts Payable and Accrued Expenses$14,744$3,486▼ $11,258
Total Liabilities$74,387$41,197▼ $33,190
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$52,014$108,101▲ $56,087
Total Net Assets Fund Balance$52,014$108,101▲ $56,087
Total Liabilities and Net Assets / Fund Balance$126,401$149,298▲ $22,897

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$9,725$9,725
Equipment$210$4,905$5,115
Other Assets Org$1--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Marisa OlguinPresident & CEOFT$107,557$19,910$127,467

Board Members and Trustees

NameTitle
Phillip Ted AttallaChairman
Chavis FergusonVice Chairman
Douglas WilliamsVice Chairman
Juliet GoffVice Chairman
Lisette Gavina LopezVice Chairman
Steve FreedVice Chairman
Brian BaileyDirector
Howard ChoiDirector
Jim BoltinghouseDirector
Jim HancockDirector
Jimmy Andreoli IiDirector
Rose NordbrockDirector
Silvia KirkorianDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$58,447
Program Service Revenue
$246,930
Investment Income
$114
Other Revenue
$58,183
Change in Net Assets
$56,087
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$213,538
Salaries, Compensation, and Employee Benefits$94,049
Total Fundraising Expense$22,716
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$42,813$28,599$14,213$85,625
Insurance-$16,271-$16,271
All Other Expenses$7,457$3,134$2,835$13,426
Occupancy-$13,293-$13,293
Other Expenses$4,331$2,166$2,166$8,663
Payroll Taxes$4,212$2,813$1,399$8,424
Office Expenses$4,207$2,104$2,103$8,414
Fees for Services Accounting-$3,500-$3,500
Advertising-$1,222-$1,222
Depreciation Depletion-$503-$503
Total Functional Expenses$176,475$108,396$22,716$307,587
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$87,370
Fundraising Direct Expenses$29,187
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$87,370$87,370$2,957$84,413
Total Events$87,370$87,370$29,187$58,183
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
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
Deferred Income - Directory$37,466
Accrued Payroll & Taxes$245
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
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 A, Line 6

The Chamber has members who pay annual dues to belong to the Chamber.

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

An independent CPA prepares the forms and gives them to the Executive Director. TheExecutive Director and Vice Chair of Finance of the governing body review the 990for accuracy prior to filing. Upon completion of this step the 990 is made availableto all board members.

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

To date there have been no conflicts of interest matters with thechamber board of directors or its staff. A conflict of interest policy isin place to maintain the board of directors and staffs position withestablished guidelines against conflicts of interest.

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

Key employees are compensated under approval of the Chamber's President and ViceChair of Finance with review and approval from the Executive Committee.

Form 990, Part VI, Section C, Line 19

Governing documents, policies and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Vernon Chamber of Commerce
EIN
95-1643499
Phone
3235833313
Address
2724 LEONIS BLVD, VERNON, CA 90058

Signing Officer

Name
Marisa Olguin
Title
President & CEO
Phone
3235833313
Signed
2025-11-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marisa Olguin
Formed
1950
Legal Domicile
CA
Voting Board Members
14
Independent Board Members
13
Employees
1

Preparer

Firm
Moss Levy & Hartzheim CPAs
Address
5800 Hannum Ave Ste E, Culver City, CA 90230
Preparer
Craig A Hartzheim
Phone
3106702745
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IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
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IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The mission of the Chamber is to provide business resources, education and advocacy to the community to strengthen and enhance economic prosperity for its members and the city.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt052014
IRS990/NetAssetsOrFundBalancesEOYAmt0108101
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt058183
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt058183
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt052014
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0108101
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt013293
IRS990/OccupancyGrp/TotalAmt013293
IRS990/OfficeExpensesGrp/FundraisingAmt02103
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02104
IRS990/OfficeExpensesGrp/ProgramServicesAmt04207
IRS990/OfficeExpensesGrp/TotalAmt08414
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0719
IRS990/OtherAssetsTotalGrp/EOYAmt011720
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSES
IRS990/OtherExpensesGrp/Desc1OUTSIDE SERVICES
IRS990/OtherExpensesGrp/Desc2INSTALLATION EXPENSES
IRS990/OtherExpensesGrp/Desc3COMPUTER SOFTWARE/SUPPLIES
IRS990/OtherExpensesGrp/FundraisingAmt02166
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt034791
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12166
IRS990/OtherExpensesGrp/ProgramServicesAmt099321
IRS990/OtherExpensesGrp/ProgramServicesAmt114134
IRS990/OtherExpensesGrp/ProgramServicesAmt24331
IRS990/OtherExpensesGrp/TotalAmt099321
IRS990/OtherExpensesGrp/TotalAmt134791
IRS990/OtherExpensesGrp/TotalAmt214134
IRS990/OtherExpensesGrp/TotalAmt38663
IRS990/OtherLiabilitiesGrp/BOYAmt059643
IRS990/OtherLiabilitiesGrp/EOYAmt037711
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/FundraisingAmt01399
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02813
IRS990/PayrollTaxesGrp/ProgramServicesAmt04212
IRS990/PayrollTaxesGrp/TotalAmt08424
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0MARISA OLGUIN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0AWARDS LUNCH
IRS990/ProgramServiceRevenueGrp/Desc1CERTIFICATES OF ORIGIN
IRS990/ProgramServiceRevenueGrp/Desc2JACK KYSER
IRS990/ProgramServiceRevenueGrp/Desc3STATE OF THE CITY
IRS990/ProgramServiceRevenueGrp/Desc4WORKSHOPS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt041300
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1120
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt231760
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3170480
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt43270
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt041300
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1120
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt231760
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3170480
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt43270
IRS990/ProgSrvcAccomActy2Grp/Desc0THE ECONOMIC FORECAST & INDUSTRY UPDATE THIS EVENT RETURNS POST-COVID TO GIVE EMPLOYERS THE STATE OF THE ECONOMY, AN INDUSTRY OUTLOOK ON THE GLOBAL, NATIONAL AND STATE LEVEL. SPEAKERS PRESENT ON THE REAL ESTATE MARKET, INDUSTRY TRENDS, AND LABOR MARKET. THE EVENT IS HELD TO EDUCATE, PRMOTE THE VERNON COMMUNITY, AND FACILITATE NETWORKING.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt022942
IRS990/ProgSrvcAccomActy3Grp/Desc0WORKSHOPS & TRAININGSTHE CHAMBER WENT BACK TO HOLDING IN-PERSON EDUCATIONAL SEMINARS FOR VERNON EMPLOYERS TO EDUCATE AND TRAIN KEY EXECUTIVES IN THE LATEST BESTPRACTICES IN HUMAN RESOURCES, LABOR LAW, SAFETY REGULATIONS, AND RISK MANAGEMENT.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt012354
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt064687
IRS990/PYInvestmentIncomeAmt0124
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0170050
IRS990/PYOtherRevenueAmt050519
IRS990/PYProgramServiceRevenueAmt0117250
IRS990/PYRevenuesLessExpensesAmt0-17254
IRS990/PYSalariesCompEmpBnftPaidAmt079784
IRS990/PYTotalExpensesAmt0249834
IRS990/PYTotalRevenueAmt0232580
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt056087
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt093761
IRS990/SavingsAndTempCashInvstGrp/EOYAmt084049
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
IRS990ScheduleC/Form1120POLFiledInd0false
IRS990ScheduleC/OnlyInHouseLobbyingInd0true
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0210
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04905
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt05115
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt011719
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Rounding
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt09725
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt09725
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0245
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt137466
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PAYROLL & TAXES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED INCOME - DIRECTORY
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0210
IRS990ScheduleD/TotalBookValueOtherAssetsAmt011720
IRS990ScheduleD/TotalLiabilityAmt037711
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt029187
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt0745
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt0745
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt087370
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt087370
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt087370
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt087370
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt058183
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt06516
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt06516
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02957
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02957
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt018969
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt018969
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Chamber has members who pay annual dues to belong to the Chamber.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1An independent CPA prepares the forms and gives them to the Executive Director. TheExecutive Director and Vice Chair of Finance of the governing body review the 990for accuracy prior to filing. Upon completion of this step the 990 is made availableto all board members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO DATE THERE HAVE BEEN NO CONFLICTS OF INTEREST MATTERS WITH THECHAMBER BOARD OF DIRECTORS OR ITS STAFF. A CONFLICT OF INTEREST POLICY ISIN PLACE TO MAINTAIN THE BOARD OF DIRECTORS AND STAFFS POSITION WITHESTABLISHED GUIDELINES AGAINST CONFLICTS OF INTEREST.

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