San Joaquin Valley Chapter

IRS exemption revoked

Fresno, CA501(c)(6)UnclassifiedEIN 20-0944871

To promote business and informal contacts in the community. To educate and inform members about management and related issues of their organizations.

Run by 12 volunteers.
Mission: Form 990 Part I, line 1 · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
Concern: the IRS revoked its tax exemption.
IRS Auto-Revocation List
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $84K a year · 15% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$34K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
8 mo
of spending, in cash
Looks good: 7.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $4K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$849K
+42% vs prior year
Spent
$783K
To programs
0%
Net assets
$488K
By yearFY2021–FY2025
Revenue
$849K
FY2025▲ +42%
Revenue by fiscal year
FY2021$114K
FY2022$365K
FY2023$401K
FY2024$599K
FY2025$849K
Expenses
$783K
FY2025▲ +153%
Expenses by fiscal year
FY2021Not on file
FY2022$395K
FY2023$389K
FY2024$310K
FY2025$783K
Net assets
$488K
FY2025▲ +16%
Net assets by fiscal year
FY2021$147K
FY2022$117K
FY2023$128K
FY2024$422K
FY2025$488K

From the FY2025 Form 990 (year ending March 2025) · see the original

IRS revoked this organization's tax-exempt status on August 15, 2010

Is it real?

No. The IRS revoked its tax exemption. Latest filing on record: FY2025. IRS ruling in Mar 1989.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

14 people listed on the 990; $34K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Chapter Mgr
$34,125Pt VII · Sec A
Forum Officer
$0Pt VII · Sec A
Past Chair
$0Pt VII · Sec A
Membership Ofcr
$0Pt VII · Sec A
Gold Liaison
$0Pt VII · Sec A
Spouse Forum
$0Pt VII · Sec A
Family Officer
$0Pt VII · Sec A
Asst Learning
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024
Cris Llorente$34,125$675
Kim Kasulke—$14,221

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See San Joaquin Valley Chapter executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Connects businesses and individuals, educating them on management and organizational issues.

Provided by the organization

This section is blank until San Joaquin Valley Chapter claims this page.

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1 program service, described in the organization's own filed words · FY2024.
01

Education to members concerning management of their organizations through conventions, meetings and study.

Pt IX · col B

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$4K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$849K
Ln 12
Fees for servicesLn 2g$845K
Gifts and grantsLn 1h$4K
Money outPt IX
$783K
Ln 25
Owns and owesPt X
$488K
net assets · Ln 32
Cash and savingsLn 1–2$488K
Total assetsLn 16$488K
LiabilitiesLn 26$0
PeoplePt VI, VII
14
listed · VII A
PaidVII A1
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4K
Fees for servicesLn 2g$845K
Gains on assetsLn 7$0
Total revenueLn 12$849K
Assets in detailPt X, end of year
CashLn 1$488K
SavingsLn 2$0
Cash and savings togetherLn 1–2$488K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$488K
LiabilitiesLn 26$0
Net assetsLn 32$488K
OperationsPt I, VI
EmployeesI 50
VolunteersI 612
Fiscal year endsHeaderMarch
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$422K$488K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$422K$488K
LiabilitiesLn 26$0$0
Net assetsLn 32$422K$488K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$40K
Legal feesLn 11b$630
Accounting feesLn 11c$8K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$5K
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$2K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$715K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$433
Other expenses (24a–d)Ln 24$11K
All other expensesLn 24e$530
Total functional expensesLn 25$783K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $849K$783K$66K$488K 990 PDF
FY2024 $599K$310K$290K$422K 990 PDF
FY2023 $401K$389K$11K$128K 990 PDF
FY2022 $365K$395K−$30K$117K 990 PDF
FY2021 $114K$147K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (4 parts)
Part VIII · Statement of revenue $848,540 across 9 lines filed
VIII-1f All other contributions, gifts and grants$3,700
VIII-1h Total contributions, gifts and grants$3,700
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $844,840$844,840
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $844,840$848,540
Part IX · Statement of functional expenses $782,672 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$39,586
IX-11b Legal fees$630
IX-11c Accounting fees$8,387
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$5,000
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$1,550
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$715,220
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$433
IX-24 Other expenses (24a–d)$11,336
IX-24e All other expenses$530
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$782,672
Part X · Balance sheet $488,263 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $422,395$488,263
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $422,395$488,263
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $422,395$488,263
X-32 Total net assets or fund balancesStart of year $422,395$488,263
X-33 Total liabilities and net assetsStart of year $422,395$488,263
Part XI · Reconciliation of net assets $488,263 net assets at year end
XI-1 Total revenue$848,540
XI-2 Total expenses$782,672
XI-3 Revenue less expenses$65,868
XI-4 Net assets at start of year$422,395
XI-10 Net assets at end of year$488,263

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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