Civic Intelligence

Santa Clarita Valley Chamber of Commerce

EIN 95-1987319 • 501(c)6 • Santa Clarita, CA

Profile

The organization's primary exempt purpose is to connect, educate, and promote business and professional interests in the santa clarita valley.

26701 Mcbean Parkway 140Santa Clarita, CA 91355

www.scvchamber.com

Siviq Scores

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

Liabilities / Assets

41st percentile

0.02x

Higher debt load relative to assets than 41% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

39th percentile

0.01x

Higher debt load relative to revenue than 39% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

45th percentile

2.1%

Higher net margin than 45% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

501(c)6 • $500k-$1M nonprofits • Source year 2024

Asset Growth

39th percentile

0.1%

Faster asset growth than 39% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

24th percentile

-5.4%

Faster revenue growth than 24% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$446,666

Up $342 (+0.1%) from 2023

Liabilities

Down

$7,816

Down $14,180 (-64%) from 2023

Net Assets

Up

$438,850

Up $14,522 (+3.4%) from 2023

Revenue

Down

$682,559

Down $39,214 (-5.4%) from 2023

Expenses

Up

$668,037

Up $30,074 (+4.7%) from 2023

Net Income

Down

$14,522

Down $69,288 (-83%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0-$200K-$400KAssets 2010: $146,931Liabilities 2010: $43,337Net Assets 2010: $103,5942010Assets 2011: $104,070Liabilities 2011: $84,806Net Assets 2011: $19,2642011Assets 2012: $157,167Liabilities 2012: $130,150Net Assets 2012: $27,0172012Assets 2013: $131,540Liabilities 2013: $126,379Net Assets 2013: $5,1612013Assets 2014: $100,202Liabilities 2014: $117,521Net Assets 2014: -$17,3192014Assets 2015: $138,277Liabilities 2015: $175,018Net Assets 2015: -$36,7412015Assets 2016: $122,470Liabilities 2016: $413,317Net Assets 2016: -$290,8472016Assets 2017: $118,944Liabilities 2017: $1,133Net Assets 2017: $117,8112017Assets 2018: $244,650Liabilities 2018: $6,891Net Assets 2018: $237,7592018Assets 2019: $309,003Liabilities 2019: $927Net Assets 2019: $308,0762019Assets 2020: $437,820Liabilities 2020: $156,212Net Assets 2020: $281,6082020Assets 2021: $343,073Liabilities 2021: $475Net Assets 2021: $342,5982021Assets 2022: $340,518Liabilities 2022: $0Net Assets 2022: $340,5182022Assets 2023: $446,324Liabilities 2023: $21,996Net Assets 2023: $424,3282023Assets 2024: $446,666Liabilities 2024: $7,816Net Assets 2024: $438,8502024

Highlighted filing

2024

Assets$446,666
Liabilities$7,816
Net Assets$438,850

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2010: $618,058Expenses 2010: $553,546Net Income 2010: $64,5122010Revenue 2011: $442,966Expenses 2011: $527,296Net Income 2011: -$84,3302011Revenue 2012: $512,345Expenses 2012: $504,592Net Income 2012: $7,7532012Revenue 2013: $568,204Expenses 2013: $590,060Net Income 2013: -$21,8562013Revenue 2014: $555,684Expenses 2014: $580,235Net Income 2014: -$24,5512014Revenue 2015: $613,707Expenses 2015: $633,129Net Income 2015: -$19,4222015Revenue 2016: $385,895Expenses 2016: $640,001Net Income 2016: -$254,1062016Revenue 2017: $679,226Expenses 2017: $601,738Net Income 2017: $77,4882017Revenue 2018: $649,997Expenses 2018: $530,049Net Income 2018: $119,9482018Revenue 2019: $685,812Expenses 2019: $615,495Net Income 2019: $70,3172019Revenue 2020: $503,185Expenses 2020: $529,653Net Income 2020: -$26,4682020Revenue 2021: $568,568Expenses 2021: $507,578Net Income 2021: $60,9902021Revenue 2022: $605,097Expenses 2022: $607,177Net Income 2022: -$2,0802022Revenue 2023: $721,773Expenses 2023: $637,963Net Income 2023: $83,8102023Revenue 2024: $682,559Expenses 2024: $668,037Net Income 2024: $14,5222024

Highlighted filing

2024

Revenue$682,559
Expenses$668,037
Net Income$14,522

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.47$0.08$4.39$6.83$6.68$0.15
2023Detailed filing. Detailed filing data is available for this year.$4.46$0.22$4.24$7.22$6.38$0.84
2022Detailed filing. Detailed filing data is available for this year.$3.41$0.00$3.41$6.05$6.07$0.02
2021Detailed filing. Detailed filing data is available for this year.$3.43$0.00$3.43$5.69$5.08$0.61
2020Detailed filing. Detailed filing data is available for this year.$4.38$1.56$2.82$5.03$5.30$0.26
2019Detailed filing. Detailed filing data is available for this year.$3.09$0.01$3.08$6.86$6.15$0.70
2018Detailed filing. Detailed filing data is available for this year.$2.45$0.07$2.38$6.50$5.30$1.20
2017Detailed filing. Detailed filing data is available for this year.$1.19$0.01$1.18$6.79$6.02$0.77
2016Detailed filing. Detailed filing data is available for this year.$1.22$4.13$2.91$3.86$6.40$2.54
2015Detailed filing. Detailed filing data is available for this year.$1.38$1.75$0.37$6.14$6.33$0.19
2014Detailed filing. Detailed filing data is available for this year.$1.00$1.18$0.17$5.56$5.80$0.25
2013Summary only. Only limited summary data is available for this year.$1.32$1.26$0.05$5.68$5.90$0.22
2012Summary only. Only limited summary data is available for this year.$1.57$1.30$0.27$5.12$5.05$0.08
2011Summary only. Only limited summary data is available for this year.$1.04$0.85$0.19$4.43$5.27$0.84
2010Summary only. Only limited summary data is available for this year.$1.47$0.43$1.04$6.18$5.54$0.65
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 15, 2025
Return Version
2024v5.2
Gross Receipts
$682,559
Mission and Program Overview

Mission

The organization's primary exempt purpose is to connect, educate, and promote business and professional interests in the santa clarita valley.

Represent & promote business in santa clarita valley through leadership, advocacy & member service.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$424,328$438,850▲ $14,522
Savings and Temporary Cash Investments$228,241$232,351▲ $4,110
Cash and Non-Interest-Bearing Accounts$149,194$194,466▲ $45,272
Accounts Receivable$58,875$9,835▼ $49,040
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$446,324$446,666▲ $342
Other Assets Total$10,014$10,014→ $0
Liabilities
Accounts Payable and Accrued Expenses$21,996$7,816▼ $14,180
Total Liabilities$21,996$7,816▼ $14,180
Net Assets / Fund Balance
Total Net Assets Fund Balance$424,328$438,850▲ $14,522
Total Liabilities and Net Assets / Fund Balance$446,324$446,666▲ $342
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$307,056
Program Service Revenue
$360,950
Investment Income
$4,110
Other Revenue
$10,443
Change in Net Assets
$14,522
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$668,037
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other-$441,000-$441,000
Occupancy-$50,240-$50,240
Information Technology-$9,697-$9,697
Office Expenses-$4,844-$4,844
Insurance-$4,796-$4,796
Other Expenses$114,923$4,004-$4,004
Advertising-$3,923-$3,923
All Other Expenses-$2,280-$2,280
Total Functional Expenses$114,923$553,114$0$668,037
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Evolve business stratagies performs various functions needed to oversee the management of the santa clarita valley chamber of commerce.

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

Prior to it's filing, form 990 was reviewed and approved by the executive committee, and a copy was sent to the board of directors.

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

Directors and officers are required to annually sign the conflict of interest policy and disclose conflicts.

Form 990, Part VI, Section B, Line 15

Compensation review includes a review and approval by independent persons, comparability data, and/or contemporaneous substantiation of the information.

Form 990, Part VI, Section C, Line 18

They are either provided hard copy for in the office review or emailed electronically.

Form 990, Part VI, Section C, Line 19

Documents are located in the office for review and inspection.

Filing and Contact Details

Filer

Filer Name
Santa Clarita Valley Chamber of Commerce
EIN
95-1987319
Phone
6617026977
Address
26701 MCBEAN PARKWAY 140, SANTA CLARITA, CA 91355

Signing Officer

Name
Ivan Volschenk
Title
President
Phone
6617026977
Signed
2025-10-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ivan Volschenk
Formed
1941
Legal Domicile
CA
Voting Board Members
28
Independent Board Members
28
Employees
0
Volunteers
15

Preparer

Firm
Hedman Partners Llp
Address
27441 TOURNEY ROAD SUITE 200, VALENCIA, CA 91355
Preparer
Andrew Enns
Phone
6612876333
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consulting: program service expenses 0. Management and general expenses 441,000. Fundraising expenses 0. Total expenses 441,000.

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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
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