Muleshoe Chamber Of Commerce & Agriculture
- Assets
- $133.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Muleshoe, TX
- Founding
- 10/1984
- Data as of
- 12/2022
- EIN
- 75-0839188
Organization Overview
Muleshoe Chamber Of Commerce & Agriculture is located in Muleshoe, TX. The organization was established in 1984. 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. Muleshoe Chamber Of Commerce & Agriculture 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 12/2022, Muleshoe Chamber Of Commerce & Agriculture generated $34.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.3%) each year. All expenses for the organization totaled $35.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 7 years. 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
2022
Describe the Organization's Program Activity:
Part 3
THE CHAMBER OF COMMERCE'S EXCLUSIVE PURPOSE IS TO PROMOTE BUSINESS AND AGRICULTURAL GROWTH BY ENCOURAGING ECONOMIC PROGRAMS DESIGNED TO STRENGTHEN AND EXPAND THE INCOME POTENTIAL OF ALL BUSINNESES WITHIN THE TRADE AREA. BY SUPPORTING PROGRAMS OF CIVIC, SOCIAL AND CULTURAL NATURE THE MULESHOE CHAMBER OF COMMERCE HOPES TO INCREASE THE FUNCTIONAL AND AESTHETIC VALUE OF THE COMMUNITY BY DISCOVERING AND CORRECTING SHORTFALLS THAT PREVENT THE PROMOTION OF BUSINESS EXPANSION AND COMMUNITY GROWTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Natalie Leal Board Member | 1 | $0 | |
Myles James Board Member | 1 | $0 | |
Kamry Cribbs Board Member | 1 | $0 | |
James Rincones Board Member | 0 | $0 | |
Londi Blackwell Secretary/treasurer | 1 | $0 | |
John Villalba President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,005 |
| Total Program Service Revenue | $0 |
| Membership dues | $12,709 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,818 |
| Other Revenue | $0 |
| Total Revenue | $34,604 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $14,669 |
| Professional fees and other payments to independent contractors | $85 |
| Occupancy, rent, utilities, and maintenance | $7,455 |
| Printing, publications, postage, and shipping | $233 |
| Other expenses | $13,161 |
| Total expenses | $35,603 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,910 |
| Other assets | $0 |
| Total assets | $133,218 |
| Total liabilities | $0 |
| Net assets or fund balances | $133,218 |