Amaexec Association
- Assets
- $43.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Amarillo, TX
- Founding
- 05/2007
- Data as of
- 09/2022
- EIN
- 20-5999781
Organization Overview
Amaexec Association is located in Amarillo, TX. The organization was established in 2007. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, 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. Amaexec Association 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 09/2022, Amaexec Association generated $117.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $97.7k during the year ending 09/2022. While expenses have increased by 2.5% 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
2022
Describe the Organization's Program Activity:
Part 3
BRING TOGETHER LOCAL BUSINESS OWNERS TO SUPPORT BUSINESS STUDENTS, NETWORK, AND PROMOTE SMALL BUSINESS GROWTH. THE ORGANIZATION SPONSORS AN EVENT ANNUALLY TO RAISE FUNDS FOR SCHOLARSHIPS FOR BUSINESS STUDENTS ATTENDING WEST TEXAS A&M UNIVERSITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brad Turner President | 1 | $0 | |
Jacob Foust Vice Preside | 1 | $0 | |
Brian Tobler Secretary | 1 | $0 | |
Ashley Allen Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $82,040 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $35,340 |
| Other Revenue | $0 |
| Total Revenue | $117,380 |
| 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 | $11,604 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $236 |
| Other expenses | $78,360 |
| Total expenses | $97,700 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,324 |
| Other assets | $0 |
| Total assets | $43,324 |
| Total liabilities | $0 |
| Net assets or fund balances | $43,324 |
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