Page 20 - RCBCC Annual Report 2018

RIVERSIDE COUNTY BLACK CHAMBER OF COMMERCE 2018 ANNUAL REPORT

FINANCIALS

Riverside County Black Chamber of Commerce
Statement of Income and Expenditure 2018
January - December

INCOME

Grants- State Government $347,000.00
Grants- County Government $0.00
Sponsorship $10,000.00
Membership $291.00
Donations $16,599.50

Total Income $373,890.50

EXPENDITURE

Salaries & Wages $170,460.00
Employer Tax Expense $36,820.43
Professional Service- Accounting $3,110.46
Professional Service- Legal $2,162.00
Advertising $4,252.12
Office Expenses & Supplies $7,873.51
Postage $987.02
Rent $28,530.00
Utilities $5,432.14
Travel Expenses $685.17
Insurance Expenses $8,930.96
Telecommunication $6,433.05
Commissions Paid $27,810.00
Events $3,658.29
Food $14,537.52
Miscellaneous $695.86
Account Service Fees $903.00
Dues & Subscriptions $1,784.04
Outside Services $17,124.47
Transportation $18,236.66

Total Expenditure $360,426.70

SURPLUS/DEFICIT $13,463.80