Abilene Chamber Of Commerce

Organization Overview

Abilene Chamber Of Commerce is located in Abilene, TX. The organization was established in 1941. 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 09/2021, Abilene Chamber Of Commerce employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Abilene 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 09/2021, Abilene Chamber Of Commerce generated $4.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $4.5m during the year ending 09/2021. While expenses have increased by 1.8% per year over the past 6 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.

Since 2015, Abilene Chamber Of Commerce has awarded 43 individual grants totaling $765,078. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF ABILENE CHAMBER OF COMMERCE IS TO PROMOTE THE ECONOMY AND QUALITY OF LIFE IN ABILENE, TEXAS BY PROVIDING SERVICES TO LOCAL BUSINESSES, EDUCATIONAL OPPORTUNITIES, PROMOTING ABILENE AS A TRAVEL DESTINATION, AND PROMOTING CULTURAL ACTIVITIES AND ORGANIZATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CONVENTION AND VISITORS SALES AND SERVICES - PROGRAMS WHICH CONTRACT WITH ASSOCIATIONS TO BRING CONVENTIONS TO ABILENE AND WHICH PROVIDE INFORMATION ABOUT THE COMMUNITY THROUGH BROCHURES AND VARIOUS ADVERTISING MEDIA TO PROMOTE TOURISM. THE PROGRAMS GOALS INCLUDE GENERATING OVERNIGHT STAYS IN ABILENE, THEREBY CONTRIBUTING TO THE OVERALL ECONOMY AND QUALITY OF LIFE.


CULTURAL AFFAIRS - PROGRAMS WHICH ENCOURAGE PARTICIPATION IN THE ARTS BY MAKING GRANTS TO VARIOUS ARTS ORGANIZATIONS, SPONSORING PERFORMING ARTS SERIES, SPONSORING AN OUTDOOR SCULPTURE PROJECT, TAKING PERFORMING ARTISTS INTO THE LOCAL SCHOOLS AND SPONSORING A CHILDRENS ART AND LITERACY FESTIVAL.


MILITARY AFFAIRS - A PROGRAM TO PROMOTE GOODWILL BETWEEN THE CITY AND PERSONNEL AT DYESS AIR FORCE BASE. THE PROGRAM SPONSORS AN ANNUAL BARBECUE FOR ACTIVE DUTY MILITARY PERSONNEL AND THEIR FAMILIES AND DEPARTMENT OF DEFENSE EMPLOYEES AND THEIR FAMILIES. THE PROGRAM ALSO SEEKS TO RETAIN AND EXPAND THE MISSION OF THE BASE, THEREBY CREATING LOCAL JOBS AND A STABLE ECONOMY.


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Board, Officers & Key Employees

Name (title)Compensation
Doug Peters
President And CEO
$276,322
Frances Williamson
Vice President Administratio
$91,204
Marshall Morris
Chair
$0
Darrin Black
Past Chair
$0
Laura Moore
Chair Elect
$0
Mike Fernandez
Secretarytreasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$418,790
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$418,790
Total Program Service Revenue$3,995,763
Investment income $3,566
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,866,648

Grants Awarded

Over the last fiscal year, Abilene Chamber Of Commerce has awarded $108,345 in support to 7 organizations.

Grant RecipientAmount

Abilene, TX

PURPOSE: Exhibit Support

$26,965

CENTER FOR CONTEMPORARY ART

Org PageRecipient Profile

Abilene, TX

PURPOSE: Operation support

$23,971

ABILENE PHILHARMONIC ASSOC

Org PageRecipient Profile

Abilene, TX

PURPOSE: Education program & guest artist

$22,915

NATIONAL CENTER FOR ILLUSTRATED LIT

Org PageRecipient Profile

Abilene, TX

PURPOSE: Exhibit and operational support

$16,473

ABILENE ZOOLOGICAL SOCIETY

Org PageRecipient Profile

Abilene, TX

PURPOSE: Exhibit support

$6,021

HISTORIC PARAMOUNT THEATRE

Org PageRecipient Profile

Abilene, TX

PURPOSE: Operational Support

$6,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Abilene Chamber Of Commerce has recieved totaling $13,500.

Awarding OrganizationAmount
United Way Of Abilene

Abilene, TX

PURPOSE: DOWNTOWN ABILENE INITIATIVE

$6,000
Young Audiences Inc

New York, NY

PURPOSE: ADF-AFTER SCHOOL PROGRAMS

$2,500
Young Audiences Inc

New York, NY

PURPOSE: ADF-AFTER SCHOOL PROGRAMS

$2,500
Young Audiences Inc

New York, NY

PURPOSE: ADF-AFTER SCHOOL PROGRAMS

$2,500
View Grant Recipient Profile

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