Central Texas Aade Chapter Inc
- Assets
- $238.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Antonio, TX
- Founding
- 01/2011
- Data as of
- 05/2022
- EIN
- 27-3848449
Organization Overview
Central Texas Aade Chapter Inc is located in San Antonio, TX. The organization was established in 2011. 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. Central Texas Aade Chapter 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 05/2022, Central Texas Aade Chapter Inc generated $48.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (25.9%) each year. All expenses for the organization totaled $61.8k during the year ending 05/2022. 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 Mission:
Part 3 - Line 1
PROVIDE EDUCATIONAL OPPORTUNITIES FOR MEMBERS AND SCHOLARSHIPS FOR LOCAL STUDENTS.
Describe the Organization's Program Activity:
Part 3
HOSTED NATIONAL TECH CONFERENCE. FUNDS RAISED WENT TO SCHOLARSHIP FUND.
RAISED FUNDS FOR SCHOLARSHIPS FOR LOCAL STUDENTS. FUNDS RAISED THROUGH GOLF TOURNAMENTS, SHOOTS, AND ANNUAL COALITION BLOWOUT. SCHOLARSHIPS PROVIDED OF $29,750.
CONDUCTED MONTHLY TECHNICAL EDUCATIONAL LUNCHES FOR LOCAL MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Carter Vp1 | 2 | $0 | |
Robert Chavez President | 6 | $0 | |
Jeff Seal Secretary | 2 | $0 | |
Chip Olds Treasurer | 2 | $0 | |
Jeff Marshall Vp2 | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $6,305 |
| Membership dues | $4,995 |
| Investment income | $41 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $35,168 |
| Other Revenue | $2,250 |
| Total Revenue | $48,759 |
| 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 | $1,950 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $353 |
| Other expenses | $20,974 |
| Total expenses | $61,777 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $238,230 |
| Other assets | $0 |
| Total assets | $238,230 |
| Total liabilities | $0 |
| Net assets or fund balances | $238,230 |
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