Palacios Chamber Foundation
- Assets
- $4.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palacios, TX
- Founding
- 03/2008
- Data as of
- 12/2022
- EIN
- 03-0566931
Organization Overview
Palacios Chamber Foundation is located in Palacios, TX. The organization was established in 2008. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Palacios Chamber Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Palacios Chamber Foundation generated $2.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.5%) each year. All expenses for the organization totaled $1.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (16.8%) per year over the past 8 years. 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
CHAMBER FOUNDATION IS ORGANIZED IN SUPPORT OF THE PALACIOS CHAMBER OF COMMERCE AND TO PROMOTE THE CHAMBER CHARITABLE, EDUCATIONAL PURPOSE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Garr Director | 2 | $0 | |
Kayla Sanchez Director | 2 | $0 | |
Pam Oliver Director | 5 | $0 | |
David Kocurek Director | 2 | $0 | |
Shane Krenek President | 5 | $0 | |
Sally Kurtz Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $2,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,665 |
| Other expenses | $160 |
| Total expenses | $1,825 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,184 |
| Other assets | $0 |
| Total assets | $4,184 |
| Total liabilities | $1,000 |
| Net assets or fund balances | $3,184 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Oscar J Tolmas Charitable Trust Metairie, LA | $58,086,420 | $4,279,649 |
The University Of Texas At Tyler Education Inc Tyler, TX | $0 | $51,128 |
University Of Arkansas Technology Development Foundation Fayetteville, AR | $18,380,736 | $2,093,754 |
Butcher Fund Houston, TX | $0 | $254,062 |
Lensic Performing Arts Center Corporation Santa Fe, NM | $15,012,313 | $4,156,320 |
John R & Greli N Less Charitable Trust San Antonio, TX | $117,218,576 | $120,089,499 |
St Davids Community Health Foundation Initiatives Austin, TX | $27,867,184 | $2,942,176 |
Crow Family Foundation Inc Dallas, TX | $48,525 | $3,503 |
Southwest Airlines Employees Catastrophic Assistance Charity Dallas, TX | $24,931,177 | $1,326,488 |
Scientific Technology And Language Institute Houston, TX | $478,396 | $2,041,270 |
Texas Cultural Trust Council Austin, TX | $6,702,014 | $1,761,025 |
Onward & Upward Initiative A Charitable Trust Dallas, TX | $0 | $2,586,746 |