Arlington Chamber Of Commerce

Organization Overview

Arlington Chamber Of Commerce is located in Arlington, TX. The organization was established in 1971. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 09/2021, Arlington Chamber Of Commerce employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arlington 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, Arlington Chamber Of Commerce generated $1.5m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $1.4m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ECONOMIC & BUSINESS DEVELOPMENT

Describe the Organization's Program Activity:

Part 3 - Line 4a

ECONOMIC DEVELOPMENT-TO STIMULATE A SUSTAINABLE ECONOMY IN ARLINGTON AND THE SURROUNDING REGION THROUGH TARGETING INDUSTRY CLUSTER RECRUITMENT, RETENTION AND EXPANSION, BUILDING THE REGION'S IMAGE AND BRAND RECOGNITION AND ENHANCING THE ECONOMIC CLIMATE TO ESTABLISH THE REGION'S COMPETITIVE POSITIONS.


SMALL BUSINESS DEVELOPMENT-PROVIDE OPPORTUNITIES TO THE SMALL BUSINESSES OF ARLINGTON AND THE SURROUNDING REGION TO EXPAND AND REACH THEIR FULL ECONOMIC POTENTIAL THROUGH ACCESS TO CAPITAL, CUSTOMERS AND INFORMATION AND TRAINING.


EDUCATION AND WORKFORCE DEVELOPMENT-TO TRANSFORM OUR REGION'S WORKFORCE, DEVELOPING EFFECTIVE, EMPLOYER-LED EDUCATION AND WORKFORCE DEVELOPMENT SYSTEMS, FOCUSED ON EDUCATIONAL ATTAINMENT, RESPONSIVE TO OUR RAPIDLY CHANGING ECONOMY, IN ALIGNMENT WITH OUR PRIMARY CLUSTERS.


PUBLIC POLICY-TO ADVOCATE FOR PUBLIC POLICY AND A REGULATORY ENVIRONMENT SUPPORTIVE OF THE REGION'S ECONOMIC GROWTH, AND OUR PRIMARY INDUSTRY CLUSTERS. CHAMBER ACTIVITIES-TO PROVIDE OPPORTUNITIES FOR SIGNATURE EVENTS AND MEETINGS THAT SUPPORT POLICY, EDUCATION, SMALL BUSINESS DEVELOPMENT AND CHAMBER BUSINESS. MARKETING-TO COMMUNICATE PERTINENT CHAMBER NEWS, PROGRAMS, AND INITIATIVES THROUGH PRINT, DIGITAL AND SOCIAL MEDIUMS.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Jacobson
President
$207,200
Jim Maibach Cpm
2nd Chair El
$0
Kellie Fischer
Chair Elect
$0
Heidi Allison
Director
$0
Nicky Austin
Director
$0
Chad Bates
Econ Devlop
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
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$0
Total Program Service Revenue$1,358,430
Investment income $0
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 $1,506,844

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Arlington Chamber Of Commerce has recieved totaling $20,100.

Awarding OrganizationAmount
Texas Health Resources

Arlington, TX

PURPOSE: General Purpose

$10,100
Pettinger Foundation

Allen, TX

PURPOSE: SCHOLARSHIP

$10,000
View Grant Recipient Profile

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