Palacios Chamber Of Commerce
- Assets
- $140.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palacios, TX
- Founding
- 02/1962
- Data as of
- 12/2023
- EIN
- 74-0821803
Organization Overview
Palacios Chamber Of Commerce is located in Palacios, TX. The organization was established in 1962. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Palacios 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 12/2023, Palacios Chamber Of Commerce generated $81.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $59.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROMOTION OF TOURISM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pam Oliver Executive Director | 35 | $36,352 | |
David King President | 0 | $0 | |
Chris Long Vice President | 0 | $0 | |
Tony Laux Director | 0 | $0 | |
Silvia Picon Treasurer | 0 | $0 | |
Carolyn Kubecka Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $27,650 |
| Investment income | $289 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $53,271 |
| Other Revenue | $0 |
| Total Revenue | $81,210 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $39,670 |
| Professional fees and other payments to independent contractors | $2,152 |
| Occupancy, rent, utilities, and maintenance | $6,988 |
| Printing, publications, postage, and shipping | $1,328 |
| Other expenses | $9,094 |
| Total expenses | $59,232 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $66,840 |
| Other assets | $0 |
| Total assets | $140,545 |
| Total liabilities | $0 |
| Net assets or fund balances | $140,545 |