Civic Intelligence

Palmdale Chamber of Commerce

EIN 95-1748568 • 501(c)6 • Palmdale, CA

Profile

To promote and support business in Palmdale CA

554 W Lancaster BlvdPalmdale, CA 93550

www.palmdalechamber.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2020

Net Margin

92nd percentile

37%

Higher net margin than 92% of similar nonprofits.

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

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

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

Asset Growth

8th percentile

-100%

Faster asset growth than 8% of similar nonprofits.

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

Revenue Growth

10th percentile

-55%

Faster revenue growth than 10% of similar nonprofits.

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

Assets

Down

$0

Down $54,777 (-100%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$78,300

Up $23,523 (+43%) from 2019

Revenue

Down

$63,354

Down $78,416 (-55%) from 2019

Expenses

Down

$39,831

Down $59,616 (-60%) from 2019

Net Income

Down

$23,523

Down $18,800 (-44%) from 2019

Trend Graphs

Balance Sheet Trend

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

$100K$50K$0-$50KAssets 2011: $27,191Liabilities 2011: $3,171Net Assets 2011: $24,0202011Assets 2012: $23,927Liabilities 2012: $11,083Net Assets 2012: $12,8442012Assets 2013: $6,604Liabilities 2013: $11,019Net Assets 2013: -$4,4152013Assets 2015: $50,654Liabilities 2015: $3,4992015Assets 2016: $63,327Liabilities 2016: $408Net Assets 2016: $62,9192016Assets 2017: $76,528Liabilities 2017: $0Net Assets 2017: $76,5282017Assets 2018: $14,843Liabilities 2018: $2,389Net Assets 2018: $12,4542018Assets 2019: $54,777Liabilities 2019: $0Net Assets 2019: $54,7772019Assets 2020: $0Net Assets 2020: $78,3002020

Highlighted filing

2020

Assets$0
Liabilities-
Net Assets$78,300

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $207,505Expenses 2011: $212,157Net Income 2011: -$4,6522011Revenue 2012: $187,491Expenses 2012: $198,667Net Income 2012: -$11,1762012Revenue 2013: $169,619Expenses 2013: $186,878Net Income 2013: -$17,2592013Revenue 2015: $129,023Expenses 2015: $79,324Net Income 2015: $49,6992015Revenue 2016: $108,657Expenses 2016: $88,773Net Income 2016: $19,8842016Revenue 2017: $132,302Expenses 2017: $118,693Net Income 2017: $13,6092017Revenue 2018: $93,913Expenses 2018: $155,606Net Income 2018: -$61,6932018Revenue 2019: $141,770Expenses 2019: $99,447Net Income 2019: $42,3232019Revenue 2020: $63,354Expenses 2020: $39,831Net Income 2020: $23,5232020

Highlighted filing

2020

Revenue$63,354
Expenses$39,831
Net Income$23,523

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 12, 2021
Return Version
2020v4.1
Gross Receipts
$74,765
Mission and Program Overview

Mission

To promote and support business in Palmdale CA

To promote and support business in palmdale

Program Services

DescriptionGrantsExpenses
PROVIDE SERVICES TO APPROXIMATELY 412 LOCAL BUSINESSES INCLUDING MARKETING NETWORK OPPORTUNITIES RIBBON CUTTING CEREMONIES AND OTHER BUSINESS SERVICES.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RANDY SCHULTZChairPT$0--
AJ HAMPTONChair ElectPT$0--
KELLY MILLERCorporate SecretaryPT$0--
SALLY ALTOBELLICheif Financial OfficerPT$0--
KEISHA DIXONVice-Chair MembershipPT$0--
TINA DERIENZOVice-Chair Community AffairsPT$0--
BRIAN ANGUIANOVice-Chair Government AffairsPT$0--
DON RYANExecutive Director At LargePT$0--
OLIN ROGERSExecutive Director At LargePT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Firework Sales$19,036$19,036$5,212$13,824
Christmas Parade$50$50$4,037$-3,987
Total Events$20,101$20,101$10,776$9,326
Filing and Contact Details

Filer

Filer Name
Palmdale Chamber of Commerce
EIN
95-1748568
Phone
6619484518
Address
554 W LANCASTER BLVD, PALMDALE, CA 93550

Signing Officer

Name
Sally Altobelli
Title
Vice Chair
Phone
6612733232
Signed
2021-11-12

Preparer

Firm
Desert Breeze Bookkeeping Tax Svc
Address
6137 OAK FENCE LN, LANCASTER, CA 93536
Preparer
Gary a Truelove
Phone
6619430095
Supplemental Narrative

Additional Explanations

Part I, Line 16

1) other expenses meetings amount 1000 2) other expenses insurance amount 8956 3) other expenses bank fees amount 2460 4) other expenses equipment lease amount 3137 5) other expenses filing fees amount 710

990 EZ Page I,line 20

Palmdale chamber of commerce merged with antelope valley chambers of commerce effective august 25, 2020. All accounts receivable were transferred at that time to that organization.

Part II, Line 24

1) description accounts receivable boy amount 53602 eoy amount 0

Other

Cash assets were two bank accounts, operating and payroll. They were closed out and transferred to antelope valley chambers of commerce accounts

Raw XML Appendix193 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RANDY SCHULTZ
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7DON RYAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8OLIN ROGERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CHAIR ELECT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CORPORATE SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3CHEIF FINANCIAL OFFICER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VICE-CHAIR MEMBERSHIP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5VICE-CHAIR COMMUNITY AFFAIRS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6VICE-CHAIR GOVERNMENT AFFAIRS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7EXECUTIVE DIRECTOR AT LARGE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8EXECUTIVE DIRECTOR AT LARGE
IRS990EZ/OperateHospitalInd00
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IRS990EZ/OrganizationDissolvedEtcInd01
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IRS990EZ/OtherAssetsTotalDetail/BOYAmt053602
IRS990EZ/OtherExpensesTotalAmt016263
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE AND SUPPORT BUSINESS IN PALMDALE
IRS990EZ/PrintingPublicationsPostageAmt0173
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IRS990EZ/TotalExpensesAmt039831
IRS990EZ/TotalRevenueAmt063354
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IRS990ScheduleN/LiabilitiesPaidInd01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0UNION BANK X1753
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc1UNION BANK X1753
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0ANTELOPE VALLEY CHAMBER OF COMMERCE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt1ANTELOPE VALLEY CHAMBER OF COMMERCE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02020-09-30
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt12020-09-30
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt1104
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0BALANCE OF ACCOUNT WHEN TRANSFERRED
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt1BALANCE REMAINING IN ACCOUNT
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0554 W LANCASTER BLVD
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt1554 W LANCASTER BLVD
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0LANCASTER
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm1LANCASTER
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IRS990ScheduleN/OwnerOfSuccessorInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt01) OTHER EXPENSES MEETINGS AMOUNT 1000 2) OTHER EXPENSES INSURANCE AMOUNT 8956 3) OTHER EXPENSES BANK FEES AMOUNT 2460 4) OTHER EXPENSES EQUIPMENT LEASE AMOUNT 3137 5) OTHER EXPENSES FILING FEES AMOUNT 710
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PALMDALE CHAMBER OF COMMERCE MERGED WITH ANTELOPE VALLEY CHAMBERS OF COMMERCE EFFECTIVE AUGUST 25, 2020. ALL ACCOUNTS RECEIVABLE WERE TRANSFERRED AT THAT TIME TO THAT ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21) DESCRIPTION ACCOUNTS RECEIVABLE BOY AMOUNT 53602 EOY AMOUNT 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CASH ASSETS WERE TWO BANK ACCOUNTS, OPERATING AND PAYROLL. THEY WERE CLOSED OUT AND TRANSFERRED TO ANTELOPE VALLEY CHAMBERS OF COMMERCE ACCOUNTS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1990 EZ PAGE I,LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3OTHER
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0SALLY ALTOBELLI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0VICE CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum06612733232
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PALMDALE CHAMBER OF COMMERCE
ReturnHeader/Filer/BusinessNameControlTxt0PALM
ReturnHeader/Filer/EIN0951748568
ReturnHeader/Filer/PhoneNum06619484518
ReturnHeader/Filer/USAddress/AddressLine1Txt0554 W LANCASTER BLVD
ReturnHeader/Filer/USAddress/CityNm0PALMDALE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd093550
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0262888911
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DESERT BREEZE BOOKKEEPING TAX SVC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06137 OAK FENCE LN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LANCASTER
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd093536
ReturnHeader/PreparerPersonGrp/PhoneNum06619430095
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GARY A TRUELOVE
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-11-15T16:50:53-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0SALLY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ALTOBELLI
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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