Port Isabel Chamber Of Commerce is located in Port Isabel, TX. The organization was established in 1993. 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, Port Isabel Chamber Of Commerce employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Port Isabel 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, Port Isabel Chamber Of Commerce generated $112.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $121.2k during the year ending 12/2021. While expenses have increased by 2.5% 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 Program Activity:
Part 3
ORGANIZE VARIOUS FUNCTIONS AND EVENTS TO PROMOTE TOURISM IN THE PORT ISABEL TEXAS COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Betty P Wells Executive Dir. | 40 | $57,244 | |
Bettina Tomlin Director | 2 | $0 | |
Laura Caudillo Chairman | 2 | $0 | |
Martin Infante Chairman Elect | 2 | $0 | |
Ethan Salazar Director | 2 | $0 | |
Mike Bryson Secretary | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $73,488 |
Total Program Service Revenue | $5,050 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $34,149 |
Other Revenue | $0 |
Total Revenue | $112,687 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $89,162 |
Professional fees and other payments to independent contractors | $725 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $805 |
Other expenses | $30,534 |
Total expenses | $121,226 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $56,661 |
Other assets | $0 |
Total assets | $56,661 |
Total liabilities | $3,637 |
Net assets or fund balances | $53,024 |
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