Texas Business Roundtable
- Assets
- $360.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- 09/2012
- Data as of
- 12/2020
- EIN
- 27-4578320
Organization Overview
Texas Business Roundtable is located in Austin, TX. The organization was established in 2012. 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. Texas Business Roundtable 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, Texas Business Roundtable generated $165.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $87.2k during the year ending 12/2020. While expenses have increased by 0.2% per year over the past 6 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
2020
Describe the Organization's Program Activity:
Part 3
TEXAS BUSINESS ROUNDTABLE (TBR) FOSTERS MUTUAL UNDERSTANDING AND COLLABORATION BETWEEN THE BUSINESS COMMUNITY AND THE LEGISLATURE ON POLICY QUESTIONS OF VITAL IMPORTANCE TO ALL TEXANS. TBR ACCOMPLISHES THIS, IN PART, BY PROVIDING A FORUM IN WHICH THE BUSINESS COMMUNITY AND STATE LEADERS CAN MEET AND DISCUSS ISSUES OF COMMON CONCERN. TBR MEMBERS MEET FOR BREAKFAST EACH WEEK DURING THE LEGISLATIVE SESSION AND HOST MEMBERS OF THE TEXAS SENATE, TEXAS HOUSE OF REPRESENTATIVES, AND OTHER STATE LEADERS FOR DISCUSSIONS OF LEGISLATIVE ISSUES AND ACTIVITY. DURING CAMPAIGN SEASON, THE GROUP MEETS WITH CANDIDATES FOR THE LEGISLATURE AND OTHER ELECTIVE POSITIONS IN TEXAS GOVERNMENT. TBR DOES NOT HAVE A POLITICAL ACTION COMMITTEE AND DOES NOT MAKE CONTRIBUTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Sims Exec Director | 5 | $66,000 | |
Hector Rivero Director | 5 | $0 | |
Robert Looney Director | 5 | $0 | |
John Fainter Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $165,500 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $165,500 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $66,000 |
| Professional fees and other payments to independent contractors | $12,665 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,740 |
| Other expenses | $4,756 |
| Total expenses | $87,161 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $354,197 |
| Other assets | $0 |
| Total assets | $360,197 |
| Total liabilities | $181 |
| Net assets or fund balances | $360,016 |
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