Burleson County Chamber Of Commerce
- Assets
- $43.5k
- Revenue
- $140.6k
- Investments
- $0.0
- Employees
- 3
- Location
- Caldwell, TX
- Founding
- 04/1987
- Data as of
- 04/2020
- EIN
- 74-1092512
Organization Overview
Burleson County Chamber Of Commerce is located in Caldwell, TX. The organization was established in 1987. 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 04/2020, Burleson County Chamber Of Commerce employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Burleson County 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 04/2020, Burleson County Chamber Of Commerce generated $140.6k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $135.5k during the year ending 04/2020. As we would expect to see with falling revenues, expenses have declined by (7.0%) per year over the past 6 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
PRESERVING THE COMPETITIVE ENTERPRISE SYSTEM OF BUSINESS IN THE COUNTY, PROMOTING BUSINESS AND COMMUNITY GROWTH AND DEVELOPMENT THROUGHOUT THE COUNTY
Describe the Organization's Program Activity:
Part 3 - Line 4a
CREATING A BETTER UNDERSTANDUNG AND APPRECIATION OF THE IMPORTANCE OF THE BUSINESSMAN AND A CONCERN FOR HIS PROBLEMS: CREATING A MORE INTELLIGENT BUSINESS AND PUBLIC OPINION REGARDING CITY, COUNTY, STATE AND NATIONAL LEGISLATIVE AND POLITICAL AFFAIRS: PREVENTING CONTROVERSIES WHICH ARE DETRIMENTAL TO EXPANSION AND GROWTH OF BUSINESS AND THE COMMUNITY OR ADJUSTING THEM IF THEY ARISE
PROMOTING ECONOMIC PROGRAMS DESIGNED TO STRENGTHEN AND EXPAND THE INCOME POTENTIAL OF ALL BUSINESS WITHIN THE TRADE AREA, PROMOTING PROGRAMS OF A CIVIC, SOCIAL, AND CULTURAL NATURE WHICH ARE DESIGNED TO INCREASE THE FUNCTIONAL AND AESTHETIC VALUES OF THE COMMUNITY: AND DISCOVERING AND CORRECTING ABUSES WHICH PREVENT THE PROMOTION OF BUSINESS EXPANSION AND COMMUNITY GROWTH
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Mott Excutive Director | Officer | 40 | $26,377 |
Nicole Hearne Employee | Officer | 19 | $9,427 |
Micaela Olivarez Employee | Officer | 19 | $4,446 |
Samantha Hoelscher Employee | Officer | 19 | $1,774 |
Stu Chapman Board Member | OfficerTrustee | 6 | $0 |
Johnny Price Jr Vice Chair | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,061 |
| Investment income | $36 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $2,903 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $140,591 |
| Statement of Expenses | |
|---|---|
| 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. | $45,215 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,458 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $29 |
| Office expenses | $4,827 |
| Information technology | $79 |
| Royalties | $0 |
| Occupancy | $9,353 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $404 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $115 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $135,488 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,225 |
| Savings and temporary cash investments | $20,023 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | -$22,359 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $43,457 |
| Accounts payable and accrued expenses | $0 |
| 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 | -$48,302 |
| Total liabilities | -$48,302 |
| 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 |
| Total liabilities and net assets/fund balances | $91,759 |
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