Borger Chamber Of Commerce And Board Of City Development

Organization Overview

Borger Chamber Of Commerce And Board Of City Development is located in Borger, TX. The organization was established in 1978. 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 03/2023, Borger Chamber Of Commerce And Board Of City Development employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Borger Chamber Of Commerce And Board Of City Development 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 03/2023, Borger Chamber Of Commerce And Board Of City Development generated $149.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $157.2k during the year ending 03/2023. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTE THE COMMERCIAL, INDUSTRIAL AND CIVIC INTEREST OF PERSONS LOCATED IN THE CITY OF BORGER, TX AND THE SURROUDING AREA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FUNDS WERE USED TO FOSTER, PROTECT, AND PROMOTE THE COMMERCIAL, INDUSTRIAL, CIVIC, EDUCATIONAL, AND GENERAL INTERESTS OF THE CITY OF BORGER, TX AND THE SURROUNDING AREA.


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Board, Officers & Key Employees

Name (title)Compensation
Fritzi Cates
Executive Director
$48,054
Wes Hukill
Chariman
$0
Don Bates
Incomin Chair
$0
Mike Scales
Treasurer
$0
Sarah Archer
VP Business Economic Deb
$0
Jesse Heredia
VP Community Dev/tourism
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$47,830
Fundraising events$0
Related organizations$16,992
Government grants $75,000
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$139,822
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $6,642
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $149,403

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