Murphy Chamber Of Commerce
- Assets
- $64.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Murphy, TX
- Founding
- 03/2005
- Data as of
- 12/2022
- EIN
- 90-0064818
Organization Overview
Murphy Chamber Of Commerce is located in Murphy, TX. The organization was established in 2005. 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. Murphy 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, Murphy Chamber Of Commerce generated $75.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $86.5k during the year ending 12/2022. While expenses have increased by 6.9% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
HOLDS LUNCHEON AND MEETINGS EACH MONTH DESIGNED TO EXCHANGE MEMBERS IDEAS, BUSINESS CARDS AND HOST GUEST SPEAKERS TO PROMOTE BUSINESSES IN AND AROUND MURPHY
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Louis Baca Immediate Past Chair | 2 | $0 | |
Carolyn Weeks Chairman | 5 | $0 | |
Jean Chastain Secretary | 2 | $0 | |
Jackie Mcguinness Treasurer | 2 | $0 | |
Barry Young Vice Chair | 2 | $0 | |
Jeff Duffee Director Of Events | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,000 |
| Total Program Service Revenue | $7,089 |
| Membership dues | $31,618 |
| Investment income | $1,956 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $12,388 |
| Other Revenue | $19,739 |
| Total Revenue | $75,790 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,118 |
| Salaries, other compensation, and employee benefits | $42,473 |
| Professional fees and other payments to independent contractors | $955 |
| Occupancy, rent, utilities, and maintenance | $975 |
| Printing, publications, postage, and shipping | $15,969 |
| Other expenses | $23,814 |
| Total expenses | $86,504 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $64,707 |
| Other assets | $0 |
| Total assets | $64,707 |
| Total liabilities | $1,290 |
| Net assets or fund balances | $63,417 |