Murphy Chamber Of Commerce
- Assets
- $79.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Murphy, TX
- Founding
- 03/2005
- Data as of
- 12/2021
- 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 12/2021, Murphy Chamber Of Commerce generated $76.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $73.2k during the year ending 12/2021. While expenses have increased by 5.4% per year over the past 7 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
2021
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
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Louis Baca Chairman | 5 | $0 | |
Carolyn Weeks Immediate Past Chairvice Chair | 2 | $0 | |
Jnana Settle Director Of Programs | 1 | $0 | |
Jeff Duffee Director Of Events | 1 | $0 | |
Jean Chastain Secretary | 2 | $0 | |
Jackie Mcguinness Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,071 |
| Total Program Service Revenue | $7,206 |
| Membership dues | $27,683 |
| Investment income | $2,601 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,189 |
| Other Revenue | $24,244 |
| Total Revenue | $75,994 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,001 |
| Professional fees and other payments to independent contractors | $850 |
| Occupancy, rent, utilities, and maintenance | $2,009 |
| Printing, publications, postage, and shipping | $992 |
| Other expenses | $39,310 |
| Total expenses | $73,162 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $79,269 |
| Other assets | $0 |
| Total assets | $79,269 |
| Total liabilities | $636 |
| Net assets or fund balances | $78,633 |
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