Chico Chamber of Commerce Community Corporation

Nonprofit profile at a glance

EIN
680458665
IRS 990-EZ coverage
2014–2024
Forms available
Form 990-EZ 2024
Location
Chico, CA, USA
Phone
5308915556
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Rural Economic Development

Reported finances

Revenue
$534
Expenses
$15,775
Assets
$20,038

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

17 people listed

People named in this filing

  • BRANDON SLATER (CHAIR)
  • KARLI OLSEN (VICE CHAIR)
  • SUZIE LAWRY-HALL (VICE CHAIR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Primary exempt purpose: to raise and receive funds, accept donations, and administer and expend funds and assets exclusively for charitable and educational purposes, within the meaning of section 501 (c) (3) of the internal revenue code of 1954 or the corresponding provisions of any future united states internal revenue law, for the benefit of the citizens of the greater chico urban area. Subject to the foregoing, this corporation shall: a. Work for community improvement through community development and regional planning. B. Work for community improvement through leadership training and development. C. Work for community improvement through education.

What it reported doing in 2024

Scholarship -- the business & professional advancement scholarship is awarded annually, in amounts ranging from 250-1000 approximately, to one or more students by the chico chamber of commerce and young professionals organization. The scholarship is intended to offset higher education costs for students enrolled at chico state or butte college who are looking to start careers in butte county.

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 82
  • Sustainability: 23
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 6.3%; rating input score 6

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -2,854.1%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 1.27; rating input score 53; 53rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -17.9% per year; rating input score 0; 19th percentile among comparable filings
  • Revenue growth: -31.7% per year; rating input score 0; 10th percentile among comparable filings
  • Asset growth: -2.1% per year; rating input score 0; 31st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 6.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $1K in reported program spending
  • Leadership: top reported pay $0 · 17 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 11 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Program expense ratio scored 6/100.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 53/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.