Pearland Chamber Of Commerce is located in Pearland, TX. The organization was established in 1966. 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, Pearland Chamber Of Commerce employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pearland 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, Pearland Chamber Of Commerce generated $698.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $714.0k during the year ending 12/2021. While expenses have increased by 2.2% 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
SERVE BUSINESS. PROMOTE GROWTH. EMPOWER COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL BANQUET AND MEETING COLLECTED REVENUE OF $21,750.00 AND EXPENSES AT $21,253.
LUNCHEONS COLLECTED REVENUE OF $29,943.00 AND EXPENSES AT $26,319.
ALL OTHER EVENTS COLLECTED REVENUE OF $18,609 AND EXPENSE AT $658.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Smith Past Chair | OfficerTrustee | 1 | $0 |
Ann Strouhal Chair Of The Board | OfficerTrustee | 1 | $0 |
Sasha Costa Chair Elect | OfficerTrustee | 1 | $0 |
Marna Arvie Secretary/treasurer | OfficerTrustee | 1 | $0 |
Lety Ler Vc- Member Relations | OfficerTrustee | 1 | $0 |
Qiana James Vc-Entrepeneurship | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $402,869 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $64,785 |
All other contributions, gifts, grants, and similar amounts not included above | $18,712 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $486,366 |
Total Program Service Revenue | $126,750 |
Investment income | $2,047 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $61,325 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $22,072 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $698,560 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $391,227 |
Pension plan accruals and contributions | $8,965 |
Other employee benefits | $47,637 |
Payroll taxes | $32,569 |
Fees for services: Management | $0 |
Fees for services: Legal | $16,145 |
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 | $0 |
Advertising and promotion | $414 |
Office expenses | $68,581 |
Information technology | $6,673 |
Royalties | $0 |
Occupancy | $9,594 |
Travel | $0 |
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 | $33,375 |
Insurance | $13,526 |
All other expenses | -$698 |
Total functional expenses | $713,975 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $52,020 |
Savings and temporary cash investments | $319,612 |
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 | $1,013,189 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,384,821 |
Accounts payable and accrued expenses | $19,221 |
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 | $0 |
Total liabilities | $19,221 |
Net assets without donor restrictions | $1,332,151 |
Net assets with donor restrictions | $33,449 |
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 | $1,384,821 |
Organization Name | Assets | Revenue |
---|---|---|
Lloyds Register North America Inc Houston, TX | $53,290,945 | $33,311,416 |
Louisiana Ambulance Alliance Inc Napoleonville, LA | $5,578,332 | $30,543,889 |
Wi-Fi Alliance Austin, TX | $27,634,772 | $19,782,142 |
Greater Houston Partnership Inc Houston, TX | $22,962,720 | $19,728,312 |
Bbb Serving The Heart Of Texas Austin, TX | $13,203,011 | $18,551,696 |
Visit San Antonio San Antonio, TX | $11,429,570 | $19,048,365 |
Clean Gulf Associates Inc New Orleans, LA | $10,070,698 | $12,457,251 |
Meeting Professionals International Dallas, TX | $6,166,822 | $11,031,821 |
Dallas Regional Chamber Dallas, TX | $15,269,996 | $9,505,789 |
Brazos Pilots Association Freeport, TX | $5,263,034 | $10,473,577 |
American Agape Foundation Inc San Antonio, TX | $56,717,465 | $7,832,495 |
Salesmanship Club Of Dallas Dallas, TX | $14,081,869 | $8,485,267 |