Harker Heights Chamber Of Commerce Inc is located in Harker Heights, TX. The organization was established in 1989. 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 12/2023, Harker Heights Chamber Of Commerce Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harker Heights Chamber Of Commerce 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 12/2023, Harker Heights Chamber Of Commerce Inc generated $331.7k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $378.7k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE BUSINESS AND OTHER OPPORTUNITIES FOR THE CITIZENS OF HARKER HEIGHTS AND NEIGHBORING COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD, WINE & BREW FESTIVAL - ANNUAL EVENT TO PROMOTE ECONOMIC DEVELOPMENT, MARKET ECONOMIC INTERESTS, AND PROVIDE OTHER OPPORTUNITIES TO THE CITIZENS OF HARKER HEIGHTS AND NEIGHBORING COMMUNITIES.
COMMUNITY PROJECTS/EVENTS - VARIOUS PROJECTS AND EVENTS TO PROVIDE BUSINESS OPPORTUNITIES AND ACTIVITIES TO THE CITIZENS OF HARKER HEIGHTS AND NEIGHBORING COMMUNITIES.
BANQUET - ANNUAL EVENT TO PROMOTE BUSINESS GROWTH, AND PROVIDE OTHER OPPORTUNITIES TO THE CITIZENS OF HARKER HEIGHTS AND NEIGHBORING COMMUNITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gina Pence President | Officer | 40 | $73,500 |
Kyle Skinner Board Member | Trustee | 1 | $0 |
Edward Kelsey Board Member | Trustee | 1 | $0 |
Annie Cooper Board Member | Trustee | 1 | $0 |
Melanie Baak Board Member | Trustee | 1 | $0 |
Jerry Bark Asst City Mgr | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $54,375 |
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 | $54,375 |
Total Program Service Revenue | $219,301 |
Investment income | $1,609 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $24,839 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $331,738 |
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. | $73,500 |
Compensation of current officers, directors, key employees. | $73,500 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $80,049 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $10,030 |
Payroll taxes | $11,918 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $13,923 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $7,397 |
Office expenses | $10,237 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $20,491 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,082 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $647 |
Insurance | $3,288 |
All other expenses | $34,007 |
Total functional expenses | $378,717 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $66,316 |
Savings and temporary cash investments | $118,607 |
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 | $1,341 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $133 |
Total assets | $186,397 |
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 | $212 |
Total liabilities | $212 |
Net assets without donor restrictions | $166,396 |
Net assets with donor restrictions | $19,789 |
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 | $186,397 |