Canton Texas Chamber Of Commerce
- Assets
- $68.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Canton, TX
- Founding
- 05/2011
- Data as of
- 12/2020
- EIN
- 27-3460982
Organization Overview
Canton Texas Chamber Of Commerce is located in Canton, TX. The organization was established in 2011. 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. Canton Texas 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 12/2020, Canton Texas Chamber Of Commerce generated $117.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $117.5k during the year ending 12/2020. While expenses have increased by 12.1% per year over the past 5 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brad Blakemore Chairman | 15 | $0 | |
Chelsie Cannon Vice Chairman | 15 | $0 | |
Deanne Callan Secretary | 15 | $0 | |
Blake Fowler Treasurer | 15 | $0 | |
Julie Seymore President | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $920 |
| Total Program Service Revenue | $19,440 |
| Membership dues | $59,098 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $37,576 |
| Other Revenue | $99 |
| Total Revenue | $117,133 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $59,086 |
| Professional fees and other payments to independent contractors | $18,131 |
| Occupancy, rent, utilities, and maintenance | $40,236 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $117,453 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $68,282 |
| Other assets | $0 |
| Total assets | $68,282 |
| Total liabilities | $3,048 |
| Net assets or fund balances | $65,234 |