Chamber Of Commerce Giddings
- Assets
- $70.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Giddings, TX
- Founding
- 03/1978
- Data as of
- 09/2022
- EIN
- 74-1211050
Organization Overview
Chamber Of Commerce Giddings is located in Giddings, TX. The organization was established in 1978. 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 09/2022, Chamber Of Commerce Giddings employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chamber Of Commerce Giddings 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 09/2022, Chamber Of Commerce Giddings generated $155.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $161.6k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE A PROGRESSIVE BUSINESS ENVIRONMENT, TAKE A LEADERSHIP ROLE IN THE COMMUNITY, BE AN INFORMATION RESOURCE FOR MEMBERS AND INCREASE GROWTH OF TOURISM.
Describe the Organization's Program Activity:
Part 3
VARIOUS BUSINESS PROMOTIONS - TO PROVIDE INCENTIVES TO KEEP SALES & BUSINESS IN GIDDINGS, TEXAS.
BUSINESS AND TOURISM INFORMATION CENTER FOR GIDDINGS, TEXAS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Denice Harlan Executive Director | 40 | $46,244 | |
Angie Bloodworth Treasurer | 1 | $0 | |
Pratik Bhakta Secretary | 1 | $0 | |
Kevin Rinn Vice Chairman | 1 | $0 | |
Paul Kipp Chairman | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $97,050 |
| Total Program Service Revenue | $27,002 |
| Membership dues | $31,082 |
| Investment income | $289 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $355 |
| Other Revenue | $115 |
| Total Revenue | $155,893 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $83,461 |
| Professional fees and other payments to independent contractors | $3,379 |
| Occupancy, rent, utilities, and maintenance | $6,657 |
| Printing, publications, postage, and shipping | $377 |
| Other expenses | $67,737 |
| Total expenses | $161,611 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,316 |
| Other assets | $0 |
| Total assets | $70,376 |
| Total liabilities | $2,383 |
| Net assets or fund balances | $67,993 |
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