Kennedale Chamber Of Commerce
- Assets
- $51.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kennedale, TX
- Founding
- 02/2006
- Data as of
- 05/2020
- EIN
- 20-1850228
Organization Overview
Kennedale Chamber Of Commerce is located in Kennedale, TX. The organization was established in 2006. 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. Kennedale 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 05/2020, Kennedale Chamber Of Commerce generated $41.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.5%) each year. All expenses for the organization totaled $31.0k during the year ending 05/2020. As we would expect to see with falling revenues, expenses have declined by (11.9%) per year over the past 6 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
2020
Describe the Organization's Program Activity:
Part 3
KENNEDALE CHAMBER OF COMMERCE MEETS THE NEEDS OF ITS MEMBERSBY FOSTERING A VIBRANT BUSINESS ENVIRONMENT THROUGHCOMMUNICATION, EDUCATION, ADVOCACY AND RETENTION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Taylor Chair Person | 10 | $0 | |
Maribel Morelad Secretary | 10 | $0 | |
Mike Johnson Treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,852 |
| Membership dues | $16,150 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $22,204 |
| Other Revenue | $0 |
| Total Revenue | $41,207 |
| Statement of Expenses | |
|---|---|
| Total expenses | $30,997 |
| Balance Sheet | |
|---|---|
| Total assets | $51,014 |
| Total liabilities | $0 |
| Net assets or fund balances | $51,014 |