Prosper Chamber Of Commerce
- Assets
- $207.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Prosper, TX
- Founding
- 04/2004
- Data as of
- 12/2023
- EIN
- 20-0788754
Organization Overview
Prosper Chamber Of Commerce is located in Prosper, TX. The organization was established in 2004. 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. Prosper 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 12/2023, Prosper Chamber Of Commerce generated $179.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $176.5k during the year ending 12/2023. While expenses have increased by 15.2% 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
2023
Describe the Organization's Program Activity:
Part 3
TO PROMOTE BUSINESS ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christy Zuehl Member | 0 | $0 | |
Toney Parker Member | 0 | $0 | |
Kevin Greene Chairman | 0 | $0 | |
Paul Grenier Member | 0 | $0 | |
Patsy Noriega Member | 0 | $0 | |
Roger Widmer Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,050 |
| Total Program Service Revenue | $23,675 |
| Membership dues | $148,878 |
| Investment income | $3,013 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $179,616 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $90,107 |
| Professional fees and other payments to independent contractors | $11,073 |
| Occupancy, rent, utilities, and maintenance | $3,502 |
| Printing, publications, postage, and shipping | $37,680 |
| Other expenses | $34,151 |
| Total expenses | $176,513 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $206,054 |
| Other assets | $0 |
| Total assets | $207,523 |
| Total liabilities | $0 |
| Net assets or fund balances | $207,523 |