Philippine American Chamber Of Commerce Of North Texas
- Assets
- $70.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lantana, TX
- Founding
- 08/2017
- Data as of
- 12/2021
- EIN
- 20-3156343
Organization Overview
Philippine American Chamber Of Commerce Of North Texas is located in Lantana, TX. The organization was established in 2017. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, 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. Philippine American Chamber Of Commerce Of North Texas 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, Philippine American Chamber Of Commerce Of North Texas generated $16.4k 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 (4.4%) each year. All expenses for the organization totaled $17.1k during the year ending 12/2021. 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
PROVIDED HUMANITARIAN AND COMMUNITY DIRECTED SERVICESIN TEXAS AND THE PHILIPPINES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Ilagan Executive Director | 2 | $0 | |
Rowena Watters President | 8 | $0 | |
Roberto Reyes Vice President | 2 | $0 | |
Jil Lasaca Vice President | 3 | $0 | |
Yolanda Moy Vice President | 3 | $0 | |
Rhodora Elisondo Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,330 |
| Total Program Service Revenue | $0 |
| Membership dues | $10,059 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $16,390 |
| 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 | $2,015 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $436 |
| Other expenses | $11,151 |
| Total expenses | $17,102 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $70,674 |
| Other assets | $0 |
| Total assets | $70,674 |
| Total liabilities | $0 |
| Net assets or fund balances | $70,674 |
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