Stamford Chamber Of Commerce Inc is located in Stamford, TX. The organization was established in 1973. 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. Stamford Chamber Of Commerce Inc 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, Stamford Chamber Of Commerce Inc generated $70.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 13.1% each year . All expenses for the organization totaled $89.2k 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
TO PROMOTE COMMERCE IN STAMFORD, TEXAS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Preston Cox Director | 0 | $0 | |
Kassidy Swonger President | 0 | $0 | |
Jessica Vaughan Vice President | 0 | $0 | |
Kim Bryant Secretary | 0 | $0 | |
Scott Bearden Treasurer | 0 | $0 | |
Gwen Baker Trustee | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,372 |
| Total Program Service Revenue | $0 |
| Membership dues | $9,983 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $12,772 |
| Other Revenue | $0 |
| Total Revenue | $70,127 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $654 |
| Salaries, other compensation, and employee benefits | $24,885 |
| Professional fees and other payments to independent contractors | $5,480 |
| Occupancy, rent, utilities, and maintenance | $2,250 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $54,487 |
| Total expenses | $89,206 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,333 |
| Other assets | $0 |
| Total assets | $70,638 |
| Total liabilities | $288 |
| Net assets or fund balances | $70,350 |