Llano Chamber Of Commerce
- Assets
- $96.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Llano, TX
- Founding
- 07/1984
- Data as of
- 12/2021
- EIN
- 74-0749511
Organization Overview
Llano Chamber Of Commerce is located in Llano, TX. The organization was established in 1984. 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. Llano 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, Llano Chamber Of Commerce generated $183.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $171.0k during the year ending 12/2021. While expenses have increased by 5.7% 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
TO ASSIST THE LOCAL BUSINESS, GOVERNMENTAL AND INDIVIDUAL COMMUNITY IN DEVELOPING BETTER BUSINESS RELATIONSHIPS AND TO INCREASE THE LOCAL REVENUE BASE BY ENCOURAGING TOURISM AND BUSINESS DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3
WE VIEW OUR VISITOR'S CENTER AS THE FIRST IMPRESSION MANY VISITORS HAVE OF LLANO. WE CONTINUED TO STRIVED TO BE ONE OF THE BEST IN TEXAS. EMPLOYEES ARE TERRIFIC REPRESENTATIVES TO CONVEY THEIR ENTHUSIASM ABOUT LLANO IN PERSON AND ON THE PHONE. THESE EMPLOYEES GIVE INFORMATION TO ENCOURAGE LONGER STAYS, ACTIVELY PROMOTE LOCAL DINING, LODGING, AND SHOPPING OPPORTUNITIES FOR VISITORS, AND SELL TICKETS TO ALL LOCAL EVENTS TO SUPPORT TOURIST AND COMMUNITY PARTICIPATION IN LOCAL EVENTS.
THE LLANO CHAMBER OF COMMERCE CONTINUES TO FOCUS OUR ATTENTION ON BRINGING VISITORS TO OUR TOWN TO DISCOVER THE PEACE AND SERENITY LLANO HAS TO OFFER ON A DAILY BASIS. WE HAVE QUAINT SHOPS, WONDERFUL RESTAURANTS, AND AN INCREASING NUMBER OF LIVE MUSIC VENUES IN TOWN. THE MISSION OF THE CHAMBER IS TO ENGAGE IN PROJECTS AND ACTIVITIES THAT HAVE A POSITIVE ECONOMIC IMPACT ON THE COMMUNITY AND/OR SERVE THE MEMBERS OF THE CHAMBER OF COMMERCE.
OUR WEB SITE WENT LIVE IN APRIL 2011. IT HELPS US STREAMLINE OPERATIONS OF THE VISITOR CENTER AND HAS INCREASED THE ADVERTISING OPPORTUNITIES OF OUR BUSINESS MEMBERS. GOOGLE ANALYTICS HELPS US TRACK THE NUMBER OF VISITS ON OUR WEB SITE AS WELL AS ENGAGEMENT OF ACTIVITY ON OUR SITE. WE ARE ABLE TO DETERMINE DEMOGRAPHICS OF OUR WEBISTE VISITORS WHICH ASSIST US IN TARGETING LOCATIONS TO FOCUS OUR PRINT ADVERTISING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Rossburg Board Chairman | 5 | $0 | |
Sunny Lelle 2nd Vice Chairm | 5 | $0 | |
Cheryl Crabtree 1st Vice Chairm | 5 | $0 | |
Briley Mitchell Executive Dir. | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $113,434 |
| Total Program Service Revenue | $35,651 |
| Membership dues | $34,105 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $183,200 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $81,576 |
| Professional fees and other payments to independent contractors | $4,315 |
| Occupancy, rent, utilities, and maintenance | $3,783 |
| Printing, publications, postage, and shipping | $578 |
| Other expenses | $80,774 |
| Total expenses | $171,026 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $95,535 |
| Other assets | $0 |
| Total assets | $96,528 |
| Total liabilities | $1,796 |
| Net assets or fund balances | $94,732 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Llano Chamber Of Commerce has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Texas Bankers Foundation Austin, TX PURPOSE: TO ASSIST THOSE IMPACTED BY NATURAL DISASTERS | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lloyds Register North America Inc Houston, TX | $53,290,945 | $33,311,416 |
Louisiana Ambulance Alliance Inc Napoleonville, LA | $5,578,332 | $30,543,889 |
Wi-Fi Alliance Austin, TX | $27,634,772 | $19,782,142 |
Greater Houston Partnership Inc Houston, TX | $22,962,720 | $19,728,312 |
Bbb Serving The Heart Of Texas Austin, TX | $13,203,011 | $18,551,696 |
Visit San Antonio San Antonio, TX | $11,429,570 | $19,048,365 |
Clean Gulf Associates Inc New Orleans, LA | $10,070,698 | $12,457,251 |
Meeting Professionals International Dallas, TX | $6,166,822 | $11,031,821 |
Dallas Regional Chamber Dallas, TX | $15,269,996 | $9,505,789 |
Brazos Pilots Association Freeport, TX | $5,263,034 | $10,473,577 |
American Agape Foundation Inc San Antonio, TX | $56,717,465 | $7,832,495 |
Salesmanship Club Of Dallas Dallas, TX | $14,081,869 | $8,485,267 |