Bonham Chamber Of Commerce
- Assets
- $31.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bonham, TX
- Founding
- 08/1941
- Data as of
- 12/2023
- EIN
- 75-0147835
Organization Overview
Bonham Chamber Of Commerce is located in Bonham, TX. The organization was established in 1941. 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. Bonham 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, Bonham Chamber Of Commerce generated $56.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $80.7k 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
MANAGEMENT FOR MULTIPURPOSE COMPLEX FOR MAJOR EVENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nathan Graham Chairman | 0 | $0 | |
Mackenzie Lane Vice Chairman | 0 | $0 | |
Corey Fagan Director | 0 | $0 | |
Samantha Lumpkins Executive Dir. | 0 | $0 | |
Mallory Mcbroom Treasurer | 0 | $0 | |
Pamela Neighbors Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $46,547 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,343 |
| Other Revenue | $0 |
| Total Revenue | $56,890 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,969 |
| Professional fees and other payments to independent contractors | $1,005 |
| Occupancy, rent, utilities, and maintenance | $13,527 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $63,248 |
| Total expenses | $80,749 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,309 |
| Other assets | $0 |
| Total assets | $31,309 |
| Total liabilities | $0 |
| Net assets or fund balances | $31,309 |