Forney Chamber Of Commerce is located in Forney, TX. The organization was established in 0000. 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. Forney 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 12/2022, Forney Chamber Of Commerce generated $109.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $90.1k during the year ending 12/2022. 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 Program Activity:
Part 3
FORNEY AREA CHAMBER OF COMMERCE PROMOTED BUSINESS ACTIVITY AND INVOLVEMENT IN THE FORNEY, TEXAS AREA. PROMOTION WAS ACCOMPLISHED VIA MONTHLY MEETINGS AND VARIOUS ANNUAL EVENTS/FUNDRAISERS. THE CHAMBER OF COMMERCE WORKED IN CONJUNCTION WITH THE CITY OF FORNEY AND THE FORNEY ECONOMIC DEVELOPMENT CORPORATION.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicole Carpenter Chair Elect | 1 | $0 | |
Ryan Kile Director | 1 | $0 | |
Jessica Browning Chairman | 1 | $0 | |
Emily Warnasch Director | 1 | $0 | |
Laurie Barkham Executive Dir. | 30 | $0 | |
Nathan Fuller Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,710 |
| Membership dues | $45,423 |
| Investment income | $446 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $61,450 |
| Other Revenue | $0 |
| Total Revenue | $109,029 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $48,475 |
| Professional fees and other payments to independent contractors | $4,912 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $36,713 |
| Total expenses | $90,100 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,114 |
| Other assets | $0 |
| Total assets | $86,668 |
| Total liabilities | $2,308 |
| Net assets or fund balances | $84,360 |