Bryan-College Station Chamber Of Commerce
- Assets
- $1.7m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 10
- Location
- Bryan, TX
- Founding
- 03/1952
- Data as of
- 09/2021
- EIN
- 74-0531205
Organization Overview
Bryan-College Station Chamber Of Commerce is located in Bryan, TX. The organization was established in 1952. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 09/2021, Bryan-College Station Chamber Of Commerce employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bryan-College Station 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 09/2021, Bryan-College Station Chamber Of Commerce generated $1.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $1.0m during the year ending 09/2021. While expenses have increased by 0.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
TO DEVELOP THE MAXIMUM ECONOMIC POTENTIAL OF THE BRYAN-COLLEGE STATION AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCTED NUMEROUS EVENTS OFFERING OPPORTUNITIES FOR NETWORKING FOR LOCAL MEMBER BUSINESSES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doug French Vice Chair - Business Enha | OfficerTrustee | 5 | $0 |
Wade Beckman Chair Elect | OfficerTrustee | 5 | $0 |
Greg Zweiacker Chair | OfficerTrustee | 5 | $0 |
Jason Cornelius Vice Chair - Leadership | OfficerTrustee | 5 | $0 |
Barbie Patterson Director | Trustee | 5 | $0 |
Amy Restivo Vice Chair - Finance And P | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $544,672 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $544,672 |
| Total Program Service Revenue | $620,178 |
| Investment income | $5,750 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,396,937 |
| 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. | $107,458 |
| Compensation of current officers, directors, key employees. | $26,864 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $389,694 |
| Pension plan accruals and contributions | $36,614 |
| Other employee benefits | $71,558 |
| Payroll taxes | $39,948 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,880 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $19,060 |
| Information technology | $19,683 |
| Royalties | $0 |
| Occupancy | $4,598 |
| Travel | $2,736 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,752 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,663 |
| Insurance | $3,787 |
| All other expenses | $18,389 |
| Total functional expenses | $1,003,268 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $349,893 |
| Savings and temporary cash investments | $1,252,700 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $83,369 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,685,962 |
| Accounts payable and accrued expenses | $4,780 |
| 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 | $150,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $50,439 |
| Total liabilities | $205,219 |
| Net assets without donor restrictions | $1,480,743 |
| 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 | $1,685,962 |
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