Olton Chamber Of Commerce & Argriculture
- Assets
- $68.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Olton, TX
- Founding
- 04/1988
- Data as of
- 12/2023
- EIN
- 75-0989942
Organization Overview
Olton Chamber Of Commerce & Argriculture is located in Olton, TX. The organization was established in 1988. 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. Olton Chamber Of Commerce & Argriculture 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, Olton Chamber Of Commerce & Argriculture generated $82.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $84.6k during the year ending 12/2023. While expenses have increased by 1.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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 |
|---|---|---|---|
Kori Laduke Vice-Preside | 2 | $0 | |
Wesley Quigley Manager | 2 | $8,657 | |
Shay Holman Manager | 2 | $0 | |
Josue Pedroza Director | 1 | $0 | |
Brice Redwine President | 2 | $0 | |
Brittney Redwine Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $20,122 |
| Investment income | $259 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $62,157 |
| Total Revenue | $82,538 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $10,083 |
| Professional fees and other payments to independent contractors | $2,036 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $72,472 |
| Total expenses | $84,591 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,306 |
| Other assets | $0 |
| Total assets | $68,862 |
| Total liabilities | $2,648 |
| Net assets or fund balances | $66,214 |