Pasadena Chamber Of Commerce
- Assets
- $746.2k
- Revenue
- $736.2k
- Investments
- $0.0
- Employees
- 6
- Location
- Pasadena, TX
- Founding
- 06/1957
- Data as of
- 12/2020
- EIN
- 74-1188767
Organization Overview
Pasadena Chamber Of Commerce is located in Pasadena, TX. The organization was established in 1957. 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 12/2020, Pasadena Chamber Of Commerce employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pasadena 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 12/2020, Pasadena Chamber Of Commerce generated $736.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $746.0k during the year ending 12/2020. While expenses have increased by 3.6% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE ECONOMIC DEVELOPMENT AND COMMUNITY GROWTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHAMBER SPONSORS COMMUNITY EVENTS TO BRING BUSINESSES AND CITIZENS TOGETHER TO FURTHER ECONOMIC DEVELOPEMNT WITHIN THE COMMUNITY. THESE EVENTS SERVE AS A MARKETING PLATFORM FOR MEMBER BUSINESSES, SHOW APPRECIATION FOR LOCAL INDUSTRY, AND PROVIDE BUSINESS TO BUSINESS OPPORTUNITIES.
THE CHAMBER CREATES AND DISTRIBUTES APPROXIMATELY 8,000 COPIES OF THE ANNUAL RESOURCE GUIDE TO CITIZENS AND BUSINESSES IN ORDER TO SHARE RESOURCES FROM THE CITY OF PASADENA AS WELL AS DISSEMINATE CHAMBER MEMBERS' INFORMATION TO THE PUBLIC AT LARGE. AN ONLINE VERSION OF THE CHAMBER'S MEMBER DIRECTORY CAN BE FOUND AT THE CHAMBER'S WEBSITE, PASADENACHAMBER.ORG.
THE CHAMBER PROMOTES EDUCATION AND WORKFORCE DEVELOPEMNT THROUGH DONATIONS TO THE PASADENA EDUCATION FOUNDATION AND THROUGH PROVISION OF SCHOLARSHIPS.
THE CHAMBER PROMOTES EDUCATION AND WORKFORCE DEVELOPMENT THROUGH DONATIONS AND SCHOLARSHIPS THROUGH PARTNERSHIPS WITH PASADENA ISD, SAN JACINTO COLLEGE, AND UNIVERSITY OF HOUSTON - CLEAR LAKE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cristina Womack President/ceo | Trustee | 40 | $119,589 |
Alix Fox Executive Board Member | OfficerTrustee | 2 | $0 |
Samuel Jimenez Executive Board Member | OfficerTrustee | 2 | $0 |
Josh Campos Executive Board Member | OfficerTrustee | 2 | $0 |
Allatia Harris Executive Board Member | OfficerTrustee | 2 | $0 |
Deborah Moseley Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $316,944 |
| Fundraising events | $150,113 |
| 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 | $467,057 |
| Total Program Service Revenue | $265,560 |
| Investment income | $3,616 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| 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 | $736,233 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,500 |
| Grants and other assistance to domestic individuals. | $500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $119,589 |
| Compensation of current officers, directors, key employees. | $8,252 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $257,953 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $23,354 |
| Payroll taxes | $34,117 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,373 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $12,635 |
| Office expenses | $0 |
| Information technology | $26,159 |
| Royalties | $0 |
| Occupancy | $19,072 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,000 |
| Insurance | $26,742 |
| All other expenses | $35,837 |
| Total functional expenses | $745,988 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $78,484 |
| Savings and temporary cash investments | $458,296 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,600 |
| 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 | $196,822 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $746,202 |
| Accounts payable and accrued expenses | $20,433 |
| Grants payable | $0 |
| Deferred revenue | $167,283 |
| 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 | $149,900 |
| Other liabilities | $0 |
| Total liabilities | $337,616 |
| Net assets without donor restrictions | $408,586 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $746,202 |
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| Organization Name | Assets | Revenue |
|---|---|---|
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Wi-Fi Alliance Austin, TX | $27,634,772 | $19,782,142 |
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