SANTA MONICA CHAMBER OF COMMERCE

EIN: 951192245

SANTA MONICA, CA

Total Revenue
$775,444
Total Expenses
$699,248
Total Assets
$540,461
Net Assets
$397,250
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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
1925
Legal Domicile
CA
Principal Officer
JUDY KRUGER
Phone
3103939825
Tax Period
2024-07-01 to 2025-06-30

SANTA MONICA CHAMBER OF COMMERCE, founded in 1925, is a small nonprofit that reported $775K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $699K left a modest 10% surplus.

Mission

TO ADVOCATE AND REPRESENT BUSINESS' INTERESTS IN ISSUES AFFECTING THE COMMUNITY OF SANTA MONICA, CALIFORNIA.

Program Service Accomplishments

Program 1

THE CORE PURPOSE OF THE SANTA MONICA CHAMBER OF COMMERCE IS TO FOSTER, ENABLE, AND FACILITATE THE SUCCESS OF SANTA MONICA BUSINESSES, SO OUR COMMUNITY IS FINANCIALLY HEALTHY AND ALL THE PEOPLE...

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THE CORE PURPOSE OF THE SANTA MONICA CHAMBER OF COMMERCE IS TO FOSTER, ENABLE, AND FACILITATE THE SUCCESS OF SANTA MONICA BUSINESSES, SO OUR COMMUNITY IS FINANCIALLY HEALTHY AND ALL THE PEOPLE LIVING, WORKING, AND PLAYING IN SANTA MONICA CAN ENJOY A HIGH QUALITY OF LIFE. WE ARE THE 'GO TO' RESOURCE FOR ADVOCACY, EDUCATION, AND RESOURCES FOR SANTA MONICA BUSINESSES AND FOR THE SANTA MONICA COMMUNITY OVERALL. OUR CHAMBER MEMBERS RELY ON AND RESPECT THE VALUE AND BENEFITS WE CONSISTENTLY DELIVER. AS A RESULT, MANY IF NOT MOST OF OUR MEMBERS PARTICIPATE IN OUR PROGRAMS BECAUSE THEY ARE SO RELEVANT, PERTINENT, AND 'BUSINESS COOL.' OUR MEMBERS FEEL THAT OUR PROGRAMS ARE EVENTS 'THAT CAN'T BE MISSED AND 'CAN'T LIVE WITHOUT'. THEY FEEL THE CHAMBER AND OUR PROGRAMS ARE INTEGRAL TO THEIR FINANCIAL AND ORGANIZATIONAL SUCCESS. WE WORK VERY CLOSELY WITH AND ARE CONSIDERED A STRATEGIC, TRUSTED PARTNER BY THE CITY OF SANTA MONICA. WE ARE A NATIONAL MODEL FOR CREATING AND SUSTAINING STRATEGIC PARTNERSHIPS WITH ORGANIZATIONS THAT SUPPORT BUSINESS SUCCESS RESULTING IN A VIBRANT, ECONOMICALLY HEALTHY SANTA MONICA. OUR CHAMBER COMMITTEES AND TASK FORCES ARE WELL LED AND ENJOY STRONG SUPPORT AND CHAMBER MEMBER PARTICIPATION. THE CHAMBER IS FINANCIALLY SELF SUSTAINING. WE ARE COMMITTED TO ENVIRONMENTAL LEADERSHIP AND SERVE AS A MODEL FOR ENVIRONMENTAL STEWARDSHIP FOR OUR CITY AND OUR MEMBERS. DURING THE CURRENT YEAR, THE CHAMBER SPONSORED 6 EVENTS AND PROGRAMS SERVING THE BUSINESS COMMUNITY IN SANTA MONICA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $769,382
Investment Income $5,062
Other Revenue $1,000
TOTAL REVENUE $775,444

Expense Breakdown

Grants Paid $0
Salaries & Benefits $301,801
Fundraising Expenses $0
Other Expenses $397,447
TOTAL EXPENSES $699,248

Year-over-Year Comparison

2024 2023 Change
Revenue $775,444 $704,021 +0.1%
Expenses $699,248 $618,467 +0.1%
Net Income $76,196 $85,554 -0.1%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
26
Independent Members
26
Employees
4
Volunteers
40

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
10
$141,429
Total Directors
26
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ADDIE VANGESSEL DIRECTOR 1.00
Director
$0 $0 $0
BEN MARCUS DIRECTOR 1.00
Director
$0 $0 $0
CELIA FISHER TREASURER 1.00
Officer Director
$0 $0 $0
CHARLIE LOPEZ-QUINTANA CHAIR 1.00
Officer Director
$0 $0 $0
DOM BEI DIRECTOR 1.00
Director
$0 $0 $0
DR KATHRYN JEFFREY VICE CHAIR 1.00
Officer Director
$0 $0 $0
DUSTIN PETERSON VICE CHAIR 1.00
Officer Director
$0 $0 $0
EDDIE GUERBOIAN DIRECTOR 1.00
Director
$0 $0 $0
ELIAS GARCIA DIRECTOR 1.00
Director
$0 $0 $0
ELNIE VANNATIM DIRECTOR 1.00
Director
$0 $0 $0
FLORENCE GRANTERAL FALL DIRECTOR 1.00
Director
$0 $0 $0
GINA GRIBOW DIRECTOR 1.00
Director
$0 $0 $0
GREG MORENA VICE CHAIR 1.00
Officer Director
$0 $0 $0
JENN VERMA DIRECTOR 1.00
Director
$0 $0 $0
JEREMY RAWITCH DIRECTOR 1.00
Director
$0 $0 $0
JESSICA RINCON DIRECTOR 1.00
Director
$0 $0 $0
LILIT AVAGYAN DIRECTOR 1.00
Director
$0 $0 $0
MELISSA COHEN VICE CHAIR 1.00
Officer Director
$0 $0 $0
MICHAEL ALTSCHULE DIRECTOR 1.00
Director
$0 $0 $0
NEIL CARREY DIRECTOR 1.00
Director
$0 $0 $0
PAULA LARMORE INCOMING CHAIR 1.00
Officer Director
$0 $0 $0
RUDY FLORES DIRECTOR 1.00
Director
$0 $0 $0
STEPHANIE EGLIN DIRECTOR 1.00
Director
$0 $0 $0
VEE GOMEZ VICE CHAIR 1.00
Officer Director
$0 $0 $0
YOUNES ATALLAH PAST CHAIR 1.00
Officer Director
$0 $0 $0
YVETTE SIMS DIRECTOR 1.00
Director
$0 $0 $0
JUDY KRUGER PRESIDENT & CEO 50.00
Officer
$129,862 $11,567 $141,429
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 $775,444 $699,248 $540,461 $76,196
2024 $704,021 $618,467 $455,865 $85,554
2023 $598,225 $542,065 $362,973 $56,160
2022 $535,623 $475,900 $353,667 $59,723
2021 $423,973 $433,168 $350,288 $-9,195
2020 $547,133 $712,808 $337,782 $-165,675
2019 $887,886 $921,068 $325,768 $-33,182
2018 $867,656 $934,207 $301,599 $-66,551
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