Texas Shrimp Association
- Assets
- $149.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Brownsville, TX
- Founding
- 07/1952
- Data as of
- 12/2021
- EIN
- 74-6062223
Organization Overview
Texas Shrimp Association is located in Brownsville, TX. The organization was established in 1952. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Texas Shrimp Association employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Shrimp Association 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, Texas Shrimp Association generated $158.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $130.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 6 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 IN EVERY LEGAL MANNER THE DEVELOPMENT, OPERATION, MAINTENANCE, GENERAL WELFARE OF THE SHRIMP INDUSTRY OF TEXAS AND THE U.S. ENGAGE IN EVERY LAWFUL ACTIVITY WHICH WILL ENHANCE THE EFFICIENT AND ECONOMIC PROGRESS OF THE SHRIMP INDUSTRY OF TEXAS AND THE U.S. INFORM AND EDUCATE ENVIRONMENTAL GROUPS AND THE PUBLIC AT LARGE OF THE IMPORTANCE OF PROTECTING AND GROWING THE TEXAS GULF SHRIMPING INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrea Hance Executive Dir. | 40 | $64,999 | |
Christine Gala Director | 1 | $0 | |
Dennis Henderson Director | 1 | $0 | |
Harley Londrie Director | 1 | $0 | |
Craig Wallis Secretary | 2 | $0 | |
Preston Hance Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,318 |
| Total Program Service Revenue | $85,050 |
| Membership dues | $52,707 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $158,075 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $84,695 |
| Professional fees and other payments to independent contractors | $3,455 |
| Occupancy, rent, utilities, and maintenance | $2,536 |
| Printing, publications, postage, and shipping | $547 |
| Other expenses | $33,514 |
| Total expenses | $130,022 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $148,981 |
| Other assets | $0 |
| Total assets | $148,981 |
| Total liabilities | $4,517 |
| Net assets or fund balances | $144,464 |
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|---|---|---|
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