Henderson Area Chamber Of Commerce
- Assets
- $130.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Henderson, TX
- Founding
- 09/1977
- Data as of
- 12/2023
- EIN
- 75-0328100
Organization Overview
Henderson Area Chamber Of Commerce is located in Henderson, TX. The organization was established in 1977. 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. Henderson Area 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, Henderson Area Chamber Of Commerce generated $145.4k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $172.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Fisher Director | 1 | $0 | |
Bonnie Geddie Executive Dir. | 40 | $54,324 | |
Janie Porter Director | 1 | $0 | |
Charlie Hutto President | 1 | $0 | |
Kristen Richardson Director | 1 | $0 | |
Jimmie Taylor Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $500 |
| Total Program Service Revenue | $18,014 |
| Membership dues | $97,177 |
| Investment income | $827 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $27,833 |
| Other Revenue | $1,095 |
| Total Revenue | $145,446 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $122,364 |
| Professional fees and other payments to independent contractors | $4,045 |
| Occupancy, rent, utilities, and maintenance | $12,045 |
| Printing, publications, postage, and shipping | $2,880 |
| Other expenses | $31,365 |
| Total expenses | $172,699 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $66,728 |
| Other assets | $0 |
| Total assets | $130,406 |
| Total liabilities | $2,050 |
| Net assets or fund balances | $128,356 |