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Nonprofit · EIN 59-2681656

EAST LAKE COUNTY CHAMBER OF COMMERCE INC

Tax-exempt · SORRENTO, FL 32776

Financials

$41K$82K2023$602K$113K2024
Revenue Expenses · by fiscal year end
Financials of EAST LAKE COUNTY CHAMBER OF COMMERCE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$602,334$113,382$488,952$592,338$5,410$586,928
December 31, 2023990$41,214$81,932-$40,718$406,046$308,070$97,976
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$48,985
Membership dues
$28,508
Program service revenue
$0
Investment income
$544,662
Net rental income
$100
Net gain from sales of assets
$535,809
Net income from fundraising events
$8,587
Other revenue
$8,687

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$45,690
Salaries, compensation and benefits (total)
$49,234
Professional fundraising fees
$0
Accounting fees
$2,429
Occupancy
$24,287
Depreciation
$6,726
Program services (functional)
$114,097

Balance sheet and other

Total assets, start of year
$406,046
Total assets, end of year
$592,338
Total liabilities, end of year
$5,410
Net assets, end of year
$586,928
Land, buildings and equipment
$186,690
Publicly traded securities
$275,909
Net assets without donor restrictions
$586,928
Gross receipts
$778,875
Employees
1
Volunteers
20

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Jeffery AlbrightBoard Chair
Officer
10–
Shelly McCoyVice Chair
Officer
5$0
Melissa VuSecretary
Officer
5$0
Shari KaiserTreasurer
Officer
5$0
Laurie BryantPast Chair
Officer
5$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
Kaiser ShariTreasurer
Officer
5$0
Jeffrey AlbrightVice President
Officer
5$0
Melissa VuSecretary
Officer
5$0
Pam JennellePast President
Officer
5$0
Laurie BryantPresident
Officer
10$0

Address and contacts

Address (IRS master file)
24214 SORRENTO AVE, SORRENTO, FL 32776-9580
Principal officer (990 for 2024)
Jeffery Albright, 24214 Sorrento Avenue, Sorrento, FL 32776
Signed the 990
Jeffery Albright, Board Chair
Return prepared by
Tatton and Company

Mission

Chamber of Commerce

990 for the year ended December 31, 2024

Program accomplishments

  • Promotion of business community. Dissemination of information to business members and the community. Operation of a community building.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
59-2681656
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1987
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$592,338
Income (IRS master file)
$778,875

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$602,334$113,382$592,338XML
990December 2023$41,214$81,932$406,046XML
990December 2022$86,224$95,397$307,940IRS
990December 2021–––IRS
990December 2020–––IRS
990January 2020–––IRS
990January 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 59-2681656).

Questions about EAST LAKE COUNTY CHAMBER OF COMMERCE INC

What is the EIN of EAST LAKE COUNTY CHAMBER OF COMMERCE INC?
The employer identification number (EIN) of EAST LAKE COUNTY CHAMBER OF COMMERCE INC is 59-2681656.
Is EAST LAKE COUNTY CHAMBER OF COMMERCE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1987.
Are donations to EAST LAKE COUNTY CHAMBER OF COMMERCE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does EAST LAKE COUNTY CHAMBER OF COMMERCE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of EAST LAKE COUNTY CHAMBER OF COMMERCE INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did EAST LAKE COUNTY CHAMBER OF COMMERCE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of EAST LAKE COUNTY CHAMBER OF COMMERCE INC?
The 990 for the year ended December 31, 2024 names Jeffery Albright.
Who are the officers and directors of EAST LAKE COUNTY CHAMBER OF COMMERCE INC?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does EAST LAKE COUNTY CHAMBER OF COMMERCE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $602,334, expenses of $113,382 and total assets of $592,338 at year end.

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