The Greater Cedar Creek Lake Area Chamber Of Commerce
- Assets
- $27.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mabank, TX
- Founding
- 11/1974
- Data as of
- 12/2021
- EIN
- 75-1455455
Organization Overview
The Greater Cedar Creek Lake Area Chamber Of Commerce is located in Mabank, TX. The organization was established in 1974. 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. Greater Cedar Creek Lake 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, Greater Cedar Creek Lake Area Chamber Of Commerce generated $104.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $106.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.7%) 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
2021
Describe the Organization's Program Activity:
Part 3
THE MISSION STATEMENT OF THE CEDAR CREEK LAKE AREA CHAMBER OF COMMERCE IS TO ATTRACT, PROMOTE AND PROVIDE BENEFITS TO A GROWING BUSINESS COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jo Ann Hanstrom President | 40 | $27,892 | |
Chrissy Adams Vice Chair | 1 | $0 | |
Derrick Hoelscher Treasurer | 1 | $0 | |
Marty Mullins Chairman | 2 | $0 | |
Joy Long Director | 1 | $0 | |
Ally Greenville Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $71,656 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $29,850 |
| Other Revenue | $2,430 |
| Total Revenue | $104,542 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $71,299 |
| Professional fees and other payments to independent contractors | $3,825 |
| Occupancy, rent, utilities, and maintenance | $16,363 |
| Printing, publications, postage, and shipping | $3,771 |
| Other expenses | $11,162 |
| Total expenses | $106,420 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,876 |
| Other assets | $0 |
| Total assets | $27,091 |
| Total liabilities | $0 |
| Net assets or fund balances | $27,091 |
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