Central Texas Commercial Brokers
- Assets
- $189.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- 12/2006
- Data as of
- 12/2021
- EIN
- 72-1572461
Organization Overview
Central Texas Commercial Brokers is located in Austin, TX. The organization was established in 2006. 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. Central Texas Commercial Brokers 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, Central Texas Commercial Brokers generated $132.9k 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 (6.7%) each year. All expenses for the organization totaled $145.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.0%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
EXPANDED KNOWLEDGE AND PROFESSIONALISM OF MEMBERS THROUGH MEETINGS AND ACTIVITIES INCLUDING: PROPERTY EXCHANGES, INDUSTRY PRESENTATIONS, CONTINUING EDUCATION, COMMUNITY OUTREACH PROGRAMS, ONLINE MEMBERSHIP DIRECTORY, IMPLEMENTATION OF REMOTE PROGRAMS DUE TO PANDEMIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rob Wendt President Elect | 3 | $0 | |
Jake Bellonzi Director | 3 | $0 | |
Matt Delahoussaye Director | 3 | $0 | |
Irulian Dabbs Secretary | 3 | $0 | |
Nick Boyd Director | 3 | $0 | |
Teresa Shell President | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $87,196 |
| Total Program Service Revenue | $45,684 |
| Membership dues | $0 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $132,890 |
| 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 | $73,458 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $612 |
| Other expenses | $71,276 |
| Total expenses | $145,346 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $182,578 |
| Other assets | $0 |
| Total assets | $189,796 |
| Total liabilities | $45,846 |
| Net assets or fund balances | $143,950 |
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