Dalhart Area Chamber Of Commerce is located in Dalhart, 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 12/2021, Dalhart Area Chamber Of Commerce employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dalhart Area 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, Dalhart Area Chamber Of Commerce generated $345.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $333.2k during the year ending 12/2021. While expenses have increased by 12.4% 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
PROMOTION OF TOURISM AND CONVENTIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE TOURISM AND CONVENTIONS IN DALHART AND SURROUNDING AREAS FOR THE BENEFIT OF ECONOMIC DEVELOPMENT AND COMMUNITY WELFARE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Eric Diaz Chairman | OfficerTrustee | 0 | $0 |
Crystal Foshee Treasurer | OfficerTrustee | 0 | $0 |
Stephanie Frantz Vice Chairman Of Organizat | OfficerTrustee | 0 | $0 |
Sheila Yee Chair Elect | OfficerTrustee | 0 | $0 |
Tim Yee Past Chairman | OfficerTrustee | 0 | $0 |
Angela Lusk Vice Chairman Of Communica | OfficerTrustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $122,809 |
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 | $122,809 |
Total Program Service Revenue | $202,896 |
Investment income | $478 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $3,739 |
Net Income from Fundraising Events | $14,215 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $345,378 |
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 | $84,126 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $14,441 |
Payroll taxes | $6,436 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,750 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,300 |
Advertising and promotion | $29,098 |
Office expenses | $10,945 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $4,279 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,798 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $6,284 |
All other expenses | $3,508 |
Total functional expenses | $333,176 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $33,342 |
Savings and temporary cash investments | $152,556 |
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 | $178,079 |
Investments—publicly traded securities | $18,485 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $22,261 |
Total assets | $404,723 |
Accounts payable and accrued expenses | $25,125 |
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 | $25,125 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
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 | $379,598 |
Total liabilities and net assets/fund balances | $404,723 |
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