Toluca Lake Chamber of Commerce
Nonprofit profile at a glance
- EIN
- 953825750
- IRS 990-EZ coverage
- 2024–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Toluca Lake, California, US
- Phone
- 8187616594
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $67,379
- Expenses
- $36,644
- Assets
- $48,510
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- Taylor Montana (President)
- Corrie Sommers (Vice-President)
- Erick Garcia (Immediate Past President)
People named in this filing
- Taylor Montana (President)
- Corrie Sommers (Vice-President)
- Shannon Hartman (Chief Financial Officer)
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
The Toluca Lake Chamber of Commerce was formed in 1939 to preserve and enhance the competitive economic climate of the Toluca Lake Community. The Chamber does this by undertaking positive programs to strengthen and educate our business and residential communities in matters that directly impact the growth and development of the community, promoting and assisting businesses by encouraging patronage, expanding relationships and performing charitable acts.
What it reported doing in 2024
The Chamber's program accomplishments included the maintenance of the Chamber's website, the production of the annual Commuity Open House and the production of an annual breakfast event on the local Fire Service Day to benefit the local firefighters. The Firefighters' Breakfast event raised thousands of dollars that were donated for the benefit of the Firefighters. All the events promote commerce in the Community. The events were attended by thousands and benefited the Chamber's membership.
Operating model
- Revenue model
- Other-operating. 71% of the money available for current operations came from other operating revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 82
- Sustainability: 72
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 61.1%; rating input score 61
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 45.6%; rating input score 89; 89th percentile among comparable filings
- Total-asset coverage ratio: 1.32; rating input score 54; 54th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- What they do: 4 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 61.1% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $41K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- 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.
- Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
- Review — Sustainability: Total-asset coverage ratio scored 54/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.