Chamber Of Commerce Lamesa Texas
- Assets
- $57.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lamesa, TX
- Founding
- 09/1948
- Data as of
- 12/2021
- EIN
- 75-0384518
Organization Overview
Chamber Of Commerce Lamesa Texas is located in Lamesa, TX. The organization was established in 1948. 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. Chamber Of Commerce Lamesa Texas 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, Chamber Of Commerce Lamesa Texas generated $115.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $108.8k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
IMPROVED AREA BUSINESS RELATIONS AND BUSINESS CLIMATE BY PROMOTING GOODWILL. APPROXIMATELY 14,000 PEOPLE BENEFITED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harris Evans Chair-Elect | 0 | $0 | |
Ashley Tidwell President | 0 | $0 | |
Name Not Listed Vice-Chair | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,380 |
| Total Program Service Revenue | $0 |
| Membership dues | $50,984 |
| Investment income | $909 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,521 |
| Other Revenue | $0 |
| Total Revenue | $115,887 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $80,010 |
| Professional fees and other payments to independent contractors | $13,137 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $968 |
| Other expenses | $14,678 |
| Total expenses | $108,793 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,556 |
| Other assets | $0 |
| Total assets | $57,690 |
| Total liabilities | $2,232 |
| Net assets or fund balances | $55,458 |
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