Overview

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Fiscal Year Start

Sep 1

Organization Type

Grantseeker

AI Summary

The Torrance Area Chamber of Commerce Foundation, with EIN 33-0718349, is dedicated to enhancing community welfare through civic and business activities, aligning with its mission to promote local business and cultural initiatives. Operating on a budget of $14.6K and generating total revenue of $10.2K in the 2025 filing year, the organization plays a vital role in fostering economic growth and cultural enrichment within the Torrance area. It does not rely on a single funder for 50% or more of its revenue.

Mission Statement

THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROMOTE THE WELFARE OF THE COMMUNITY VIA CIVIC ANC BUSINESS ACTIVITIES PURSUANT TO THE CHAMBER'S CHARTER.
Revenues
$10.2K
Expenses
$14.6K
Net Income:
-$4.4K
Assets
$2.4K
Liabilities
N/A
Net Assets:
N/A
Operating Budget
$14.6K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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S
Sacha Duncan
Board Member
D
Donna Duperron
Board Member
D
David Gamboa
Board Member

Frequently Asked Questions

What is TORRANCE AREA CHAMBER OF COMMERCE FOUNDATION’s budget?
In 2025, TORRANCE AREA CHAMBER OF COMMERCE FOUNDATION reported an annual operating budget of around $15 thousand. More detailed financial information is available to registered users.
What causes does TORRANCE AREA CHAMBER OF COMMERCE FOUNDATION support?
TORRANCE AREA CHAMBER OF COMMERCE FOUNDATION supports work in Business promotion and Arts and culture.
Where does TORRANCE AREA CHAMBER OF COMMERCE FOUNDATION operate?
TORRANCE AREA CHAMBER OF COMMERCE FOUNDATION is headquartered in Torrance, CA.