TOWN OF LOS GATOS CHAMBER OF COMMERCE

EIN: 770516842 Community Improvement

LOS GATOS, CA

Total Revenue
$371,407
Total Expenses
$345,704
Total Assets
$432,483
Net Assets
$293,946
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
CA
Phone
4083545901
Tax Period
2023-07-01 to 2024-06-30

TOWN OF LOS GATOS CHAMBER OF COMMERCE, founded in 1999, is a small nonprofit in the Community Improvement sector that reported $371K in total revenue in fiscal year 2023. Expenses of $346K left a modest 7% surplus.

Mission

SUPPORT THE BUSINESS COMMUNITY OF LOS GATOS

Program Service Accomplishments

Program 1

THE PRIMARY PURPOSE IS TO REPRESENT THE INTERESTS AND SERVE THE NEEDS OF THE BUSINESS COMMUNITY OF LOS GATOS, PROVIDE INFORMATION AND REFERRALS, AND TO PROVIDE PROGRAMS, SERVICES AND RESOURCES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $228,132
Investment Income $14,797
Other Revenue $128,478
TOTAL REVENUE $371,407

Expense Breakdown

Grants Paid $0
Salaries & Benefits $195,017
Fundraising Expenses $0
Other Expenses $150,687
TOTAL EXPENSES $345,704

Year-over-Year Comparison

2023 2022 Change
Revenue $371,407 $345,506 +0.1%
Expenses $345,704 $355,099 0.0%
Net Income $25,703 $-9,593 -3.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
15
Employees
6
Volunteers
14

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$95,000
Total Directors
16
$95,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIFER LIN Exe Dir/Secreta 40.00
Officer Director
$95,000 $0 $95,000
JONATHAN COWAN Director 1.00
Director
$0 $0 $0
ANDREA ROMANO Director 1.00
Director
$0 $0 $0
DAVID LAMBERT Director 1.00
Director
$0 $0 $0
JIM FOLEY Parlimentarian 1.00
Officer Director
$0 $0 $0
NICHOLAS WELZENBACH Director 1.00
Director
$0 $0 $0
ELIZABETH TROUNG Director 1.00
Director
$0 $0 $0
BRIAN BERASCONI Director 1.00
Director
$0 $0 $0
RACHEL BROWN President 2.00
Officer Director
$0 $0 $0
SUE FARWELL Director 1.00
Director
$0 $0 $0
CAROL TINSLEY Treasurer 1.00
Officer Director
$0 $0 $0
ALICE SOUTHWELL Director 1.00
Director
$0 $0 $0
JOE PIRZYNSKI Director 1.00
Director
$0 $0 $0
MARK VON KAENEL Director 1.00
Director
$0 $0 $0
MEREDITH KEET Director 1.00
Director
$0 $0 $0
RAMON WARE Director 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $371,407 $345,704 $432,483 $25,703
2023 $345,506 $355,099 $281,821 $-9,593
2022 $379,283 $311,325 $356,065 $67,958
2021 $238,224 $272,067 $269,459 $-33,843
2021 $238,224 $249,981 $291,545 $-11,757
2020 $208,144 $315,092 $373,665 $-106,948
2019 $385,795 $358,604 $374,532 $27,191
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