Civic Intelligence

Venice Chamber of Commerce

EIN 95-6419214 • 501(c)6 • Venice, CA

Profile

To represent and promote the business and business intersts in venice, california.

PO Box 202Venice, CA 90294

venicechamber.net

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

50th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

56th percentile

3.6%

Higher net margin than 56% of similar nonprofits.

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

Top Officer Pay

93rd percentile

$41,295

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 27.8% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2015

Asset Growth

65th percentile

6.5%

Faster asset growth than 65% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

42nd percentile

-3.0%

Faster revenue growth than 42% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets49th percentile

Assets

Up

$139,489

Up $8,502 (+6.5%) from 2023

Liabilities

Down

$0

Down $195 (-100%) from 2023

Net Assets

Up

$139,489

Up $8,697 (+6.6%) from 2023

Operations
Liabilities / Revenue50th percentileNet Margin56th percentile

Revenue

Down

$244,286

Down $7,660 (-3.0%) from 2023

Expenses

Down

$235,589

Down $29,184 (-11%) from 2023

Net Income

Up

$8,697

Up $21,524 (+168%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth65th percentile

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

$150K$100K$50K$0Assets 2011: $72,605Liabilities 2011: $7,8682011Assets 2012: $56,406Liabilities 2012: $02012Assets 2013: $69,521Liabilities 2013: $02013Assets 2014: $55,715Liabilities 2014: $02014Assets 2015: $66,524Liabilities 2015: $108Net Assets 2015: $66,4162015Assets 2016: $99,856Liabilities 2016: $153Net Assets 2016: $99,7032016Assets 2017: $84,610Liabilities 2017: $91Net Assets 2017: $84,5192017Assets 2018: $99,723Liabilities 2018: $43Net Assets 2018: $99,6802018Assets 2019: $131,936Liabilities 2019: $52Net Assets 2019: $131,8842019Assets 2020: $110,783Liabilities 2020: $8,854Net Assets 2020: $101,9292020Assets 2021: $139,911Liabilities 2021: $13Net Assets 2021: $139,8982021Assets 2022: $143,624Liabilities 2022: $52022Assets 2023: $130,987Liabilities 2023: $195Net Assets 2023: $130,7922023Assets 2024: $139,489Liabilities 2024: $0Net Assets 2024: $139,4892024

Highlighted filing

2024

Assets$139,489
Liabilities$0
Net Assets$139,489
Open 2024 Filing

Operations Trend

Revenue Growth42nd percentile

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $75,021Expenses 2011: $63,675Net Income 2011: $11,3462011Revenue 2012: $97,502Expenses 2012: $105,833Net Income 2012: -$8,3312012Revenue 2013: $148,375Expenses 2013: $135,355Net Income 2013: $13,0202013Revenue 2014: $139,936Expenses 2014: $153,647Net Income 2014: -$13,7112014Revenue 2015: $148,696Expenses 2015: $137,995Net Income 2015: $10,7012015Revenue 2016: $195,310Expenses 2016: $162,023Net Income 2016: $33,2872016Revenue 2017: $234,644Expenses 2017: $249,828Net Income 2017: -$15,1842017Revenue 2018: $311,588Expenses 2018: $296,427Net Income 2018: $15,1612018Revenue 2019: $242,771Expenses 2019: $210,567Net Income 2019: $32,2042019Revenue 2020: $131,657Expenses 2020: $161,612Net Income 2020: -$29,9552020Revenue 2021: $187,062Expenses 2021: $149,093Net Income 2021: $37,9692021Revenue 2022: $198,562Expenses 2022: $194,841Net Income 2022: $3,7212022Revenue 2023: $251,946Expenses 2023: $264,773Net Income 2023: -$12,8272023Revenue 2024: $244,286Expenses 2024: $235,589Net Income 2024: $8,6972024

Highlighted filing

2024

Revenue$244,286
Expenses$235,589
Net Income$8,697
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
$139,489
Liabilities
$0
Net assets
$139,489
Revenue
$244,286
Expenses
$235,589
Net income
$8,697
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.39$0.00$1.39$2.44$2.36$0.09
2023Summary only. Only limited summary data is available for this year.$1.31$0.00$1.31$2.52$2.65$0.13
2022Summary only. Only limited summary data is available for this year.$1.44$0.00$1.99$1.95$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.40$0.00$1.40$1.87$1.49$0.38
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.11$0.09$1.02$1.32$1.62$0.30
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.32$0.00$1.32$2.43$2.11$0.32
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.00$0.00$1.00$3.12$2.96$0.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.85$0.00$0.85$2.35$2.50$0.15
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.00$0.00$1.00$1.95$1.62$0.33
2015Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.66$1.49$1.38$0.11
2014Summary only. Only limited summary data is available for this year.$0.56$0.00$1.40$1.54$0.14
2013Summary only. Only limited summary data is available for this year.$0.70$0.00$1.48$1.35$0.13
2012Summary only. Only limited summary data is available for this year.$0.56$0.00$0.98$1.06$0.08
2011Summary only. Only limited summary data is available for this year.$0.73$0.08$0.75$0.64$0.11
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 30, 2025
Return Version
2024v5.1
Gross Receipts
$244,286
Mission and Program Overview

Mission

To represent and promote the business and business intersts in venice, california.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$130,987$139,489▲ $8,502
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$130,987$139,489▲ $8,502
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$195--
Total Liabilities$195$0▼ $195
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$130,792$139,489▲ $8,697
Total Net Assets Fund Balance$130,792$139,489▲ $8,697
Total Liabilities and Net Assets / Fund Balance$130,987$139,489▲ $8,502
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Donna LasmanExecutive DirectorPT$14,070$14,070
Andrea TanDirector-$2,511$2,511
Michael WallersteinDirector-$1,025$1,025

Board Members and Trustees

NameTitle
Sunny BakPresident
Brennan LindnerVice President
Chantel Hunter MahBoard Prlmntrin
Alex KissinDirector
Alex StowellDirector
Artagus AshfordDirector
Carole SteinDirector
David StineDirector
Florence Granteral FallDirector
Hollie StensonDirector
Justin BrezhnevDirector
Karen La CavaDirector
Karin WallersteinDirector
Lauren PardiniDirector
Madeline Di NonnoDirector
Mike HarrielDirector
Stephanie BlackDirector
Steve VulinDirector
Theresa IrelandDirector
George FranciscoImedt Pst Pres
Carl LambertPast Pres
Patty RossSecretary
Jennifer WilsonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$241,295
Investment Income
$16
Other Revenue
$2,975
Change in Net Assets
$8,697
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$216,753
Salaries, Compensation, and Employee Benefits$18,836
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$69,172--$69,172
Current Officers, Directors, Trustees, and Key Employees$17,606--$17,606
Fees for Services Accounting$10,293--$10,293
Other Expenses$7,515--$7,515
All Other Expenses$7,240--$7,240
Insurance$4,230--$4,230
Information Technology$2,546--$2,546
Payroll Taxes$1,230--$1,230
Office Expenses$85--$85
Total Functional Expenses$235,589$0$0$235,589
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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

“No review was or will be conducted.”

Form 990, Part VI, Section C, Line 19

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Venice Chamber of Commerce
EIN
95-6419214
Phone
3108225425
Address
PO BOX 202, VENICE, CA 90294

Signing Officer

Name
Karin Wallerstein
Title
CEO
Signed
2025-05-30
Discuss with paid preparer
Yes

Organization Details

Formed
1988
Legal Domicile
CA
Voting Board Members
25
Independent Board Members
25
Employees
1

Preparer

Firm
Richard S Hibbs CPA
Address
10818 Oregon Avenue, Culver City, CA 90232
Preparer
Richard S Hibbs CPA
Phone
3108362029
Raw XML AppendixShowing 400 of 509 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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