Buda Area Chamber Of Commerce
- Assets
- $1.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Buda, TX
- Founding
- 02/2002
- Data as of
- 12/2021
- EIN
- 74-2997465
Organization Overview
Buda Area Chamber Of Commerce is located in Buda, TX. The organization was established in 2002. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Buda Area 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, Buda Area Chamber Of Commerce generated $136.1k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $138.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.3%) per year over the past 4 years. 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
PROMOTE BUSINESS EFFORTS OF THE MEMBERS AND COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Mcneight Teasurer | 2 | $0 | |
John Hatch Chairman Of The Board | 2 | $0 | |
Jay Heinrich Vice Chairman Of The Board | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,000 |
| Total Program Service Revenue | $4,265 |
| Membership dues | $48,010 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $58,780 |
| Other Revenue | $0 |
| Total Revenue | $136,055 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $72,962 |
| Professional fees and other payments to independent contractors | $9,955 |
| Occupancy, rent, utilities, and maintenance | $23,189 |
| Printing, publications, postage, and shipping | $264 |
| Other expenses | $32,357 |
| Total expenses | $138,727 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,645 |
| Other assets | $0 |
| Total assets | $1,645 |
| Total liabilities | $13,690 |
| Net assets or fund balances | -$12,045 |
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