Psig Inc
- Assets
- $366.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 02/1994
- Data as of
- 12/2021
- EIN
- 25-1710227
Organization Overview
Psig Inc is located in Houston, TX. The organization was established in 1994. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, 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. Psig Inc 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, Psig Inc generated $80.3k 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 (7.2%) each year. All expenses for the organization totaled $14.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (29.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Orin Flanigan Chairman Emeritus | 1 | $0 | |
Ivor R Ellul Chairman | 2 | $0 | |
Jon Barley Vice Chairman | 2 | $0 | |
Melissa Debevc Secretary | 2 | $0 | |
Dennis Arensman Director | 2 | $0 | |
Cody Allen Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $75,928 |
| Membership dues | $0 |
| Investment income | $4,397 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $80,325 |
| 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 | $438 |
| Other expenses | $14,487 |
| Total expenses | $14,925 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $346,317 |
| Other assets | $0 |
| Total assets | $366,317 |
| Total liabilities | $0 |
| Net assets or fund balances | $366,317 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Austin Convention And Visitors Bureau Inc Austin, TX | $8,364,471 | $6,830,186 |
Texas Municipal League Austin, TX | $8,928,481 | $7,134,656 |
Greater Austin Chamber Of Commerce Austin, TX | $7,488,664 | $6,719,729 |
San Antonio Economic Development Foundation San Antonio, TX | $4,503,315 | $6,901,379 |
Abilene Chamber Of Commerce Abilene, TX | $4,194,863 | $4,866,648 |
Greater New Orleans Inc New Orleans, LA | $2,019,283 | $4,542,927 |
Better Business Bureau Of Metropolitan Houston Inc Houston, TX | $4,729,521 | $4,975,179 |
The Greater New Braunfels Chamber Of Commerce Inc New Braunfels, TX | $3,837,660 | $4,054,037 |
The Fort Worth Chamber Of Commerce Fort Worth, TX | $2,417,913 | $4,478,768 |
Irving Chamber Of Commerce Irving, TX | $1,365,417 | $3,879,156 |
Oklahoma State Chamber Of Commerce And Associated Industries Oklahoma City, OK | $3,080,131 | $4,188,271 |
Greater San Antonio Chamber Of Commerce San Antonio, TX | $4,812,874 | $3,656,453 |