LAKE FOREST CHAMBER OF COMMERCE INC: Form 990EZ, tax year 2017
View the entire original 990 at ProPublica ↗
- Organization
- LAKE FOREST CHAMBER OF COMMERCE INC (EIN 27-1297580)
- Tax period
- 2017-10-01 to 2018-09-30
- Filed
- 2019-06-11
- IRS object ID
- 201901629349200430
- Schema version
- 2017v2.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-06-11T13:38:21-07:00 | ReturnTs |
| Tax Period End | 2018-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 463215961 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Gary A Kreitz CPA and Associates Inc | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 23101 MOULTON PKWY STE 110 | AddressLine1Txt |
| City | LAGUNA HILLS | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 926531234 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2017-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 271297580 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Lake Forest Chamber of Commerce Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LAKE | BusinessNameControlTxt |
| Phone | 9495839639 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 26239 Enterprise Court | AddressLine1Txt |
| City | Lake Forest | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92630 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | David Carter | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Signature | 2019-06-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Gary A Kreitz CPA | PreparerPersonNm |
| PTIN | P00374259 | PTIN |
| Phone | 9492157350 | PhoneNum |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2017 | TaxYr |
| Build TS | 2019-02-21 02:37:17Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Website Address | www.lakeforestcachamber.com | WebsiteAddressTxt |
| Organization501c | Yes (X) | Organization501cInd |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $80,017 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $39,464 | ContributionsGiftsGrantsEtcAmt |
| Membership Dues | $40,553 | MembershipDuesAmt |
| Cost Or Other Basis Expense Sale | $0 | CostOrOtherBasisExpenseSaleAmt |
| Fundraising Gross Income | $0 | FundraisingGrossIncomeAmt |
| Special Events Direct Expenses | $0 | SpecialEventsDirectExpensesAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
| Total Revenue | $80,017 | TotalRevenueAmt |
| Grants And Similar Amounts Paid | $3,000 | GrantsAndSimilarAmountsPaidAmt |
| Salaries Other Comp Empl Bnft | $4,800 | SalariesOtherCompEmplBnftAmt |
| Fees And Other Pymt To Ind Cntrct | $20,558 | FeesAndOtherPymtToIndCntrctAmt |
| Occupancy Rent Utlts And Maint | $7,500 | OccupancyRentUtltsAndMaintAmt |
| Printing Publications Postage | $5,960 | PrintingPublicationsPostageAmt |
| Other Expenses Total | $64,811 | OtherExpensesTotalAmt |
| Total Expenses | $106,629 | TotalExpensesAmt |
| Excess Or Deficit For Year | -$26,612 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $163,840 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $137,228 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $161,911 | BOYAmt |
| EOY | $135,299 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,955 | BOYAmt |
| EOY | $1,955 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $163,866 | BOYAmt |
| EOY | $137,254 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26 | BOYAmt |
| EOY | $26 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $163,840 | BOYAmt |
| EOY | $137,228 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Exempt Purpose | The Lake Forest Chamber of Commerce has been organized to promote business and economic growth and development in the City of Lake Forest and surrounding communities. | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (2 entries)
| Description Program Srvc AccomDescriptionProgramSrvcAccomTxt | Grants And AllocationsGrantsAndAllocationsAmt | Program Service ExpensesProgramServiceExpensesAmt |
|---|---|---|
| The Lake Forest Chamber of Commerce has setup the website/e-newsletter promoting chamber events:1) Networking Business Lunches / Dinners2) Promotion of Business to Business via Business First3) Provided access to SCORE recources4) Provided participation in the City of Lake Forest: Shop Lake Forest initiative5) Posting of job openings and business opportunities | $17,215 | |
| Provided grants for community non-profits. | $3,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $17,215 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (10 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|
| David Carter | ||
| CFO | 15.00 | $2,400 |
| Mary Visconte | ||
| President & CEO | 15.00 | $2,400 |
| Karla Davis | ||
| Treasurer | 10.00 | $0 |
| MJ Hong | ||
| Director | 10.00 | $0 |
| Jeremy Olson | ||
| President | 20.00 | $0 |
| Tom Compher | ||
| Director | 10.00 | $0 |
| Brian Lau | ||
| Director | 10.00 | $0 |
| Brian Cawley | ||
| Vice President | 15.00 | $0 |
| Stephanie Del Rosario | ||
| Secretary | 10.00 | $0 |
| Jeff Martin | ||
| Director | 15.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Organization Filed990 T | false | OrganizationFiled990TInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Initiation Fees And Cap Contri | $0 | InitiationFeesAndCapContriAmt |
| Gross Receipts For Public Use | $0 | GrossReceiptsForPublicUseAmt |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Barbara L Jones | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 26323 Spring Creek Circle | AddressLine1Txt |
| City | Lake Forest | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 92630 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9495879221 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Form720 Filed | false | Form720FiledInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
Schedule B IRS990ScheduleB
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (17 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Other Expenses.1001 | Advertising and Promotion $11087 |
| Other Expenses.1002 | Office Expenses $2851 |
| Other Expenses.1003 | Information Technology $2934 |
| Other Expenses.1005 | Travel $2406 |
| Other Expenses.1007 | Conferences, Conventions, and Meetings $19272 |
| Other Expenses.1012 | Insurance $550 |
| Other Expenses.1 | Business Roundtables $14233 |
| Other Expenses.3 | Bank Fees & Merchant Charges $2566 |
| Other Expenses.4 | Equipment Rental $2381 |
| Other Expenses.5 | Memberships & Dues $2245 |
| Other Expenses.6 | Program Expenses $1864 |
| Other Expenses.7 | Awards / Gifts $1320 |
| Other Expenses.8 | Telephone $882 |
| Other Expenses.10 | Registration Fees $220 |
| Other Assets.1 | Deposits - Rent - Beginning $375 Deposits - Rent - Ending $375 |
| Other Assets.2 | Advance Deposits - Beginning $1580 Advance Deposits - Ending $1580 |
| Total Liabilities.1001 | Accounts Payable and Accrued Expenses - Beginning $26 Accounts Payable and Accrued Expenses - Ending $26 |
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