Bastrop Chamber Of Commerce
- Assets
- $339.3k
- Revenue
- $701.2k
- Investments
- $0.0
- Employees
- 5
- Location
- Bastrop, TX
- Founding
- 04/1944
- Data as of
- 12/2023
- EIN
- 74-0501825
Organization Overview
Bastrop Chamber Of Commerce is located in Bastrop, TX. The organization was established in 1944. 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. As of 12/2023, Bastrop Chamber Of Commerce employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bastrop 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 12/2023, Bastrop Chamber Of Commerce generated $701.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $700.0k during the year ending 12/2023. While expenses have increased by 11.1% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE BUSINESS PROSPERITY AND, THEREBY, THE QUALITY OF LIFE IN BASTROP COUNTY, THROUGH LEADERSHIP, ADVOCACY, AND COLLABORATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHAMBER PROMOTES TOURISM AND ECONOMIC DEVELOPMENT FOR THE CITY OF BASTROP AND BASTROP COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mathew Aguilar Director | Trustee | $0 | |
Chase Anderson Director | Trustee | $0 | |
Dawn Arnew Director | Trustee | $0 | |
Chad Benoit Past-Chair | OfficerTrustee | $0 | |
Sylvia Carrillo Director | Trustee | $0 | |
Kerry Fossler Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $361,126 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $361,126 |
| Total Program Service Revenue | $268,143 |
| Investment income | $4,022 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,250 |
| Net Gain/Loss on Asset Sales | $55 |
| Net Income from Fundraising Events | $53,588 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $701,194 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $343,440 |
| Pension plan accruals and contributions | $12,559 |
| Other employee benefits | $21,913 |
| Payroll taxes | $25,953 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $87 |
| Fees for services: Accounting | $6,505 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $12,910 |
| Office expenses | $36,180 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $21,007 |
| Travel | $16,158 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,976 |
| Interest | $457 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,493 |
| Insurance | $10,756 |
| All other expenses | $30,053 |
| Total functional expenses | $700,032 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,966 |
| Savings and temporary cash investments | $233,096 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $73,696 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,499 |
| Total assets | $339,257 |
| Accounts payable and accrued expenses | $6,769 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $12,971 |
| Total liabilities | $19,740 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $319,517 |
| Total liabilities and net assets/fund balances | $339,257 |