Cleveland/Bradley Chamber Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
ADVANCING AND DISSEMENATING KNOWLEDGE AND UNDERSTANDING BY THE UNDERTAKING OF STUDIES AND RESEARCH, COMPILATION OF THE RESULTS THEREOF, AND PUBLICATION THROUGH ANY APPROPRIATE MEDIA; THE CONDUCT OF TRAINING COURSES, SEMINARS, DISCUSSION GROUPS, FORUMS, PANELS OR LECTURES, AND THE LIKE; AND ANY ACTIVITY WHICH TENDS TO PROMOTE UNDERSTANDING, UNIFICATION OR IMPROVED RELATIONSHIPS BETWEEN DIFFERENT ECONOMIC OR SOCIAL GROUPS.
- Income
- $76,794
- Spending
- $143,486
- Spent on programs
- 98%
- Reserves
- -16.3 months of spending
- Largest source of income
- donations and private grants, 70%
- Employees
- 0
- Highest pay
- $161,772, exec. vice p
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 35 out of 100.
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 87% of income.
Income trend
0 of 15Income fell 62% on the year before.
Spending floor
15 of 1598% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 47 out of 100.
Independent board
25 of 259 of 10 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $111,305 spent. MOMENTUM '22 CAMPAIGN - FIVE-YEAR PUBLIC/PRIVATE WORKFORCE, ECONOMIC AND COMMUNITY DEVELOPMENT INITIATIVE THAT WILL SUPPORT THE CHAMBER'S PROGRAM OF WORK AND SERVICES TO GROW THE ECONOMY AND CREATE A BRIGHT ECONOMIC FUTURE FOR CLEVELAND AND BRADLEY COUNTY.
- $28,757 spent. ALLIED ARTS COUNCIL - ENHANCE THE QUALITY OF LIFE IN THE AREA BY STRENGTHENING COMMUNICATION, INCREASING COOPERATION AND PROVIDING ADVOCACY AND SUPPORT OF THE ARTS AND LEISURE ORGANIZATIONS.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since November 1975.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.