EIN 95-1302850

Torrance Area Chamber of Commerce

IRS 501(c) type
501(c)(6)
Num. employees
8
Year formed
1939
Most recent tax filings
2023-06-01
NTEE code, primary
Description
Torrance Area Chamber of Commerce enhances community welfare through events, programs, and vital membership opportunities that foster networking and business development.
Total revenues
$569,026
2023
Total expenses
$602,439
2023
Total assets
$539,669
2023
Num. employees
8
2023

Program areas at Torrance Area Chamber of Commerce

Membership: membership in the organization is a very vital part of the ongoing tax-exempt purpose. It gives its members opportunities to network and get training in business development. It allows its members to take advantage of all the resources available to them by the other members. Members become an integral part of the South Bay commerce.
Programs and Events: the organization sponsors a number of annual events, including Black History Celebration, Chinese New Year Celebration, Gourmet Food and Wine Festival, and the Japanese Reception. The programs include Networking at Noon, Legislative Lunches, Business Expo, Economic Summit, Green Expo, State of the Region, State of Education, and State of the City. The organization has ongoing participation in ribbon cuttings and open houses for new businesses. It is committed to being a valuable resource to its members by sponsoring breakfast meetings and specially focused groups to promote members' interests and causes.

Financials for Torrance Area Chamber of Commerce

RevenuesFYE 06/2023
Total grants, contributions, etc.$308,015
Program services$0
Investment income and dividends$6,091
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$254,920
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$569,026
Data update history
May 30, 2025
Posted financials
Added Form 990 for fiscal year 2023
May 30, 2025
Updated personnel
Identified 2 new personnel
July 15, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 28, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 31, 2023
Updated personnel
Identified 9 new personnel
Nonprofit Types
Trade associationsChambers of commerceBusiness and community development organizations
Issues
Economic developmentBusiness and industry
Characteristics
MembershipsPolitical advocacyFundraising eventsState / local level
General information
Address
3480 Torrance Blvd 305
Torrance, CA 90503
Metro area
Los Angeles-Long Beach-Anaheim, CA
County
Los Angeles County, CA
Website URL
torrancechamber.com/ 
Phone
(310) 540-5858
IRS details
EIN
95-1302850
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1939
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S41: Promotion of Business
NAICS code, primary
813910: Trade Associations
Parent/child status
Independent
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