Clovis Chamber of Commerce Ltd

Not tax-deductible

Clovis, CA501(c)(6)Since 1930Community Development EIN 94-1509725Revenue $1.2M in FY2025

On file with the IRS325 Pollasky Ave, 93612-1139 · Clovis, CATax-exempt since Sep 1976

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Chamber of Commerce

501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
69¢ of each $1 spent went to programs.
$173K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
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
5 of 6
filings with a surplus
Average surplus $217K a year · 24% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
69%
of spending
Fine: 69% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$173K
to officers and key staff · 19% of spending
Fine: pay to officers and key staff is 19% of spending; 15% to 20%.
Pt VII · Sec A
16 mo
of spending, in cash
Looks good: 16.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$281K
15% of total assets
Looks good: liabilities are 15% of assets; 50% or less.
Pt X · Ln 26
Independent board members
20
of 21 voting members
Looks good: 20 of 21 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.2M
+13% vs prior year
Spent
$907K
To programs
69%
Net assets
$1.6M
By yearFY2020–FY2025
Revenue
$1.2M
FY2025▲ +13%
Tap a bar for its year
Revenue by fiscal year
FY2020$250K
FY2021$832K
FY2022$928K
FY2023$1.2M
FY2024$1.1M
FY2025$1.2M
Expenses
$907K
FY2025▲ +2%
Tap a bar for its year
Expenses by fiscal year
FY2020$413K
FY2021$494K
FY2022$625K
FY2023$797K
FY2024$887K
FY2025$907K
Net assets
$1.6M
FY2025▲ +23%
Tap a bar for its year
Net assets by fiscal year
FY2020$112K
FY2021$451K
FY2022$754K
FY2023$1.1M
FY2024$1.3M
FY2025$1.6M

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 1976.

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

Where the money goes

69 cents of each dollar spent went to programs.

Program services 69% · $622K Management & general 31% · $283K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

19 people listed on the 990; $173K paid to officers and key staff.

Part VII, Section A · reportable compensation
$173,276Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Gregory Newman’s $173K as CEO is at the 56th percentile of top reported officer pay among 2832 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2022
Gregory Newman$173,276$121,628

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 Clovis Chamber of Commerce Ltd 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

Advocates for and supports local businesses to enhance community quality of life.

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Provided by the organization

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1 program · $622K · in their own filed words · FY2025
01

Advocate annd support a healthy business environment to improve the quality of life in clovis, ca

$622Kprogram expense

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$1.2M
Ln 12
Fees for servicesLn 2g$819K
Gifts and grantsLn 1h$325K
Other incomeLn 4–11$31K
Money outPt IX
$907K
Ln 25
Programscol B$622K
Managementcol C$283K
Owns and owesPt X
$1.6M
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$1.9M
LiabilitiesLn 26$281K
PeoplePt VI, VII
19
listed · VII A
PaidVII A1
Voting boardVI 1a21
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$325K
Fees for servicesLn 2g$819K
Investment incomeLn 3$24K
Other incomeLn 4–11$31K
Gains on assetsLn 7$0
Total revenueLn 12$1.2M
Assets in detailPt X, end of year
CashLn 1$1.0M
SavingsLn 2$203K
Cash and savings togetherLn 1–2$1.2M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$596K
Other assetsLn 15$22K
Total assetsLn 16$1.9M
LiabilitiesLn 26$281K
Net assetsLn 32$1.6M
OperationsPt I, VI
EmployeesI 56
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$1.1M$1.2M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$599K$596K
Total assetsLn 16$1.8M$1.9M
LiabilitiesLn 26$518K$281K
Net assetsLn 32$1.3M$1.6M
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$173K$173K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$155K$155K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$30K$30K
Payroll taxesLn 10$27K$27K
Management feesLn 11a$0
Legal feesLn 11b$11K$11K
Accounting feesLn 11c$37K$37K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$4K$4K
Advertising and promotionLn 12$30K$30K
Office expensesLn 13$24K$24K
Information technologyLn 14$27K$27K
RoyaltiesLn 15$0
OccupancyLn 16$33K$29K$4K
TravelLn 17$14K$14K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$15K$15K
InterestLn 20$7K$7K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$2K
InsuranceLn 23$28K$21K$7K
Other expenses (24a–d)Ln 24$134K$110K$24K
All other expensesLn 24e$153K$150K$3K
Total functional expensesLn 25$907K$622K$283K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $1.2M$907K$292K$1.6M 990 PDF
FY2024 $1.1M$887K$177K$1.3M 990 PDF
FY2023 $1.2M$797K$356K$1.1M 990 PDF
FY2022 $928K$625K$303K$754K 990 PDF
FY2021 $832K$494K$339K$451K 990 PDF
FY2020 $250K$413K−$163K$112K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $1,198,191 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $248,222$324,536
I-9 Program service revenuePrior year $792,897$818,637
I-10 Investment incomePrior year $19,982$24,451
I-11 Other revenuePrior year $3,528$30,567
I-12 Total revenuePrior year $1,064,629$1,198,191
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $395,996$385,563
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $491,153$521,128
I-18 Total expensesPrior year $887,149$906,691
I-19 Revenue less expensesPrior year $177,480$291,500
Part VI · Governance 20 of 21 board members independent, 2 to look at
VI-1a Voting members of the governing body21
VI-1b Independent voting members20
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,198,191 across 10 lines filed
VIII-1b Membership dues$324,536
VIII-1h Total contributions, gifts and grants$324,536
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $818,637$818,637
VIII-3 Investment incomeRelated to mission $24,451$24,451
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-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $30,567$30,567
VIII-12 Total revenueRelated to mission $873,655$1,198,191
Part IX · Statement of functional expenses $906,691 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 staffManagement $173,276$173,276
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $154,761$154,761
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $30,287$30,287
IX-10 Payroll taxesPrograms $27,239$27,239
IX-11a Management fees$0
IX-11b Legal feesManagement $11,314$11,314
IX-11c Accounting feesPrograms $37,195$37,195
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $3,939$3,939
IX-12 Advertising and promotionPrograms $30,413$30,413
IX-13 Office expensesManagement $23,696$23,696
IX-14 Information technologyPrograms $27,282$27,282
IX-15 Royalties$0
IX-16 OccupancyPrograms $28,981 · Management $4,270$33,251
IX-17 TravelManagement $13,586$13,586
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsManagement $15,301$15,301
IX-20 InterestManagement $7,163$7,163
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$2,322
IX-23 InsurancePrograms $20,719 · Management $7,327$28,046
IX-24 Other expenses (24a–d)Programs $110,411 · Management $24,030$134,441
IX-24e All other expensesPrograms $150,292 · Management $2,887$153,179
IX-25 Total functional expensesPrograms $621,519 · Management $282,850 · Fundraising $0$906,691
Part X · Balance sheet $1,859,578 assets, 21 lines filed
Asset lines not itemized here account for $13,000; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $961,430$1,013,700
X-2 Savings and temporary cash investmentsStart of year $160,000$202,659
X-3 Pledges and grants receivableStart of year $2,580$12,350
X-4 Accounts receivableStart of year $18,887$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, netStart of year $598,634$596,312
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 assetsStart of year $50,275$21,557
X-16 Total assetsStart of year $1,804,806$1,859,578
X-17 Accounts payable and accrued expensesStart of year $9,078$6,175
X-19 Deferred revenueStart of year $100,249$134,089
X-24 Unsecured notes and loans payableStart of year $408,583$140,920
X-26 Total liabilitiesStart of year $517,912$281,184
X-27 Net assets without donor restrictionsStart of year $1,141,578$1,409,078
X-28 Net assets with donor restrictionsStart of year $145,316$169,316
X-32 Total net assets or fund balancesStart of year $1,286,894$1,578,394
X-33 Total liabilities and net assetsStart of year $1,804,806$1,859,578
Part XI · Reconciliation of net assets $1,578,394 net assets at year end
XI-1 Total revenue$1,198,191
XI-2 Total expenses$906,691
XI-3 Revenue less expenses$291,500
XI-4 Net assets at start of year$1,286,894
XI-10 Net assets at end of year$1,578,394

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

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