Thibodaux Chamber Of Commerce
- Assets
- $556.3k
- Revenue
- $209.9k
- Investments
- $0.0
- Employees
- 3
- Location
- Thibodaux, LA
- Founding
- 08/1967
- Data as of
- 12/2021
- EIN
- 72-0634717
Organization Overview
Thibodaux Chamber Of Commerce is located in Thibodaux, LA. The organization was established in 1967. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. As of 12/2021, Thibodaux Chamber Of Commerce employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thibodaux Chamber Of Commerce is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Thibodaux Chamber Of Commerce generated $209.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $184.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE LEADERSHIP AND PROMOTE COMMERCE
Describe the Organization's Program Activity:
Part 3 - Line 4a
NORMAL SERVICES BY CHAMBER OF COMMERCE TO MEMBERS AND COMMUNITY
PROVIDE LEADERSHIP AND PROMOTE COMMERCE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kassie Barrancotto Past Chair | OfficerTrustee | $0 | |
Sandy Holloway Chair Elect | OfficerTrustee | $0 | |
Napoleon Ortiz Chair | OfficerTrustee | $0 | |
Robert Cavell Board Member | Trustee | $0 | |
Guy A Chabert Board Member | Trustee | $0 | |
Bernita Deville Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,270 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,270 |
| Total Program Service Revenue | $138,387 |
| Investment income | $449 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $64,694 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $209,859 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $110,112 |
| Pension plan accruals and contributions | $1,068 |
| Other employee benefits | $0 |
| Payroll taxes | $9,037 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,820 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,000 |
| Advertising and promotion | $0 |
| Office expenses | $8,108 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,323 |
| Travel | $317 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $599 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,835 |
| Insurance | $7,031 |
| All other expenses | $4,879 |
| Total functional expenses | $184,854 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $86,627 |
| Savings and temporary cash investments | $319,997 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,191 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $147,490 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $556,305 |
| Accounts payable and accrued expenses | $753 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,961 |
| Total liabilities | $9,714 |
| Net assets without donor restrictions | $546,591 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $556,305 |
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Momentous Institute Dallas, TX | $14,833,442 | $11,793,188 |
Ekhaya Youth Project New Orleans, LA | $903,085 | $13,654,605 |
Young Americans For Liberty Inc Austin, TX | $6,971,187 | $15,618,179 |
Camp War Eagle Inc Rogers, AR | $15,866,509 | $9,318,920 |
Kids Are First Carrizo Springs, TX | $3,476,023 | $8,458,663 |
Boys & Girls Club Of Central Texas Inc Killeen, TX | $2,385,650 | $6,347,689 |
Service Of Hope Entities Inc Dallas, TX | $479,458 | $4,643,726 |
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