Hondo Chamber Of Commerce
- Assets
- $135.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 10
- Location
- Hondo, TX
- Founding
- 01/1946
- Data as of
- 12/2021
- EIN
- 74-0689685
Organization Overview
Hondo Chamber Of Commerce is located in Hondo, TX. The organization was established in 1946. 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 12/2021, Hondo Chamber Of Commerce employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hondo 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 12/2021, Hondo Chamber Of Commerce generated $195.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $179.3k during the year ending 12/2021. While expenses have increased by 4.1% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CHAMBER OF COMMERCE TO ENHANCE THE GROWING BUSINESS CLIMATE AND QUALITY OF LIFE IN THE HONDO AREA.
Describe the Organization's Program Activity:
Part 3
ANNUAL AWARDS BANQUET, QUARTERLY MEMBER LUNCHEONS, NEW TEACHER LUNCHEONS, AND OTHER MEETINGS TO RECOGNIZE OUTSTANDING MEMBERS OF THE COMMUNITY AND OFFER LEARNING, PROMOTIONAL AND NETWORKING OPPORTUNITIES TO MEMBERS. SPONSOR WILD GAME FESTIVAL, CHRISTMAL PARADE AND FESTIVAL, AIRFIELD SHOW, FOURTH OF JULY CELEBRATION, AND OTHER EVENTS TO PROMOTE TOURISM AND HELP BUSINESS CONNECTIONS IN THE COMMUNITY. STAFF OFFICE FOR COMMUNITY COMMUNICATIONS AND PROMOTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jimmy Dixon President | 2 | $0 | |
Guy Davis Vice President | 2 | $0 | |
Stephanie Laughinghouse Treasurer | 2 | $0 | |
Cindy Wimberley Secretary | 2 | $0 | |
Joel Gonzales Director | 1 | $0 | |
Angela Saathoff Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $145,744 |
| Total Program Service Revenue | $49,202 |
| Membership dues | $0 |
| Investment income | $22 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $194,968 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $76,598 |
| Professional fees and other payments to independent contractors | $10,283 |
| Occupancy, rent, utilities, and maintenance | $6,276 |
| Printing, publications, postage, and shipping | $9 |
| Other expenses | $86,106 |
| Total expenses | $179,272 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $76,229 |
| Other assets | $0 |
| Total assets | $135,818 |
| Total liabilities | $1,904 |
| Net assets or fund balances | $133,914 |
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