French-American Chambers Of Commerce Houston Inc
- Assets
- $438.9k
- Revenue
- $553.1k
- Investments
- $0.0
- Employees
- 4
- Location
- Houston, TX
- Founding
- 04/1985
- Data as of
- 12/2021
- EIN
- 74-2203667
Organization Overview
French-American Chambers Of Commerce Houston Inc is located in Houston, TX. The organization was established in 1985. 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, French-American Chambers Of Commerce Houston Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. French-American Chambers Of Commerce Houston Inc 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, French-American Chambers Of Commerce Houston Inc generated $553.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 30.2% each year . All expenses for the organization totaled $500.8k during the year ending 12/2021. While expenses have increased by 26.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BUSINESS LEAGUE IN THE HOUSTON,TEXAS AREA FOR PROMOTING AND DEVELOPING COMMERCIAL AND FINANCIAL BETWEEN FRANCE AND THE UNITED STATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BEAUJOLAIS - THIS IS AN ANNUAL EVENT OCCRUING IN NOVEMBER FOR THE PURPOSE OF PROMOTING THE FRENCH CULTURE.
BASTILLE DAY - THIS IS AN ANNUAL EVENT OCCRUING IN JULY, 14TH FOR THE PURPOSE OF PROMOTING THE FRENCH CULTURE.
BUSINESS DEVELOPMENT SERVICES - SERVICE TO FRENCH AND AMERICAN ENTREPRENEURS TO LAUNCH AND DEVELOP BUSINESS IN TEXAS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Constance Bost Executive Director | Trustee | 40 | $108,893 |
Aurore Bruno Marketing Business Development | Officer | 40 | $80,000 |
Lea C Catanzano Marketing Business Development | Officer | 40 | $77,000 |
Franck Avice President | Trustee | 1 | $0 |
John Eldridge Chairman | Trustee | 1 | $0 |
Dennis E Petito Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $271,409 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $95,702 |
| 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 | $367,111 |
| Total Program Service Revenue | $185,851 |
| Investment income | $113 |
| 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 | $553,075 |
| 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. | $388,194 |
| Compensation of current officers, directors, key employees. | $388,194 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $30,055 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $928 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,572 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $23,237 |
| Royalties | $0 |
| Occupancy | $6,211 |
| Travel | $3,425 |
| 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 | $900 |
| Insurance | $824 |
| All other expenses | $0 |
| Total functional expenses | $500,797 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $185,330 |
| Savings and temporary cash investments | $253,430 |
| 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 | $100 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $438,860 |
| 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 | $127,823 |
| Total liabilities | $127,823 |
| Net assets without donor restrictions | $311,037 |
| 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 | $438,860 |
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