Comfort Chamber Of Commerce
- Assets
- $282.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Comfort, TX
- Founding
- 09/1968
- Data as of
- 12/2020
- EIN
- 74-6107046
Organization Overview
Comfort Chamber Of Commerce is located in Comfort, TX. The organization was established in 1968. 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. Comfort 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 12/2020, Comfort Chamber Of Commerce generated $54.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.6%) each year. All expenses for the organization totaled $57.2k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
PROMOTING AND SPONSORING ACTIVITIES TO BENEFIT THE BUSINESSES OF THE UNINCORPORATED TOWNSHIP OF COMFORT TEXAS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danye Alt Chair | 10 | $0 | |
Shirley Solis Executive Director | 30 | $0 | |
Nolan Newsome Vice President | 5 | $0 | |
Laura Centers Secretarytreasurer | 5 | $0 | |
John Kovacs Director | 5 | $0 | |
Sandra Kitchens Vice Chair | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,522 |
| Total Program Service Revenue | $8,903 |
| Membership dues | $30,370 |
| Investment income | $17 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,761 |
| Other Revenue | $177 |
| Total Revenue | $54,750 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,802 |
| Professional fees and other payments to independent contractors | $2,825 |
| Occupancy, rent, utilities, and maintenance | $10,114 |
| Printing, publications, postage, and shipping | $312 |
| Other expenses | $24,099 |
| Total expenses | $57,152 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $175,086 |
| Other assets | $0 |
| Total assets | $282,692 |
| Total liabilities | $14,121 |
| Net assets or fund balances | $268,571 |
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|---|---|---|
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