Canadian-Hemphill County Chamber Of Commerce Inc
- Assets
- $110.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Canadian, TX
- Founding
- 00/0000
- Data as of
- 12/2023
- EIN
- 75-1685699
Organization Overview
Canadian-Hemphill County Chamber Of Commerce Inc is located in Canadian, TX. The organization was established in 0000. 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. Canadian-Hemphill County Chamber Of Commerce Inc 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 12/2023, Canadian-Hemphill County Chamber Of Commerce Inc generated $67.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (14.6%) each year. All expenses for the organization totaled $104.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (10.7%) per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE CANADIAN-HEMPHILL COUNTY CHAMBER OF COMMERCE'S PRIMARY MISSION IS TO PROMOTE THE CHAMBER BUSINESS MEMBERS AND TO PROMOTE THE COMMUNITY THROUGH VARIOUS PROGRAMS.
Describe the Organization's Program Activity:
Part 3
THE CHAMBER PROMOTES CHAMBER BUSINESSES AND COMMUNITY THROUGH A VARIETY OF SPECIAL PROJECTS (CANADIAN CASH, MARKET CANADIAN, CHRISTMAS IN CANADIAN,ETC) AND THROUGH VARIOUS MARKETING CAMPAIGNS.
THE CHAMBER ORGANIZES AND PROMOTES LOCAL BUSINESSES AND THE COMMUNITY IN GENERAL WITH THE ANNUAL FALL FOILAGE ACTIVITIES.
THE CHAMBER ORGANIZES AND PROMOTES LOCAL BUSINESS AND COMMUNITY IN GENERAL THROUGH THE ANNUAL FOURTH OF JULY CELEBRATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherye Talley President | 1 | $0 | |
Michelle Schaef Vice Preside | 1 | $0 | |
Linda Vigil Board Member | 1 | $0 | |
Weldon Allison Board Member | 1 | $0 | |
Tommy Wyatt Board Member | 1 | $0 | |
Shila Wyatt Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,530 |
| Total Program Service Revenue | $8,340 |
| Membership dues | $0 |
| Investment income | $53 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $9,673 |
| Total Revenue | $67,596 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,353 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $121 |
| Other expenses | $51,887 |
| Total expenses | $104,361 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $106,481 |
| Other assets | $0 |
| Total assets | $110,600 |
| Total liabilities | $0 |
| Net assets or fund balances | $110,600 |
Grants Awarded
Over the last fiscal year, Canadian-Hemphill County Chamber Of Commerce Inc has awarded $37,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CANADIAN RIVER BEACH CLUB PURPOSE: MARKETING GRANT | $10,000 |
CANADIAN RIVER MUSIC FEST PURPOSE: MARKETING GRANT | $15,000 |
CANADIAN RODEO ASSOC PURPOSE: MARKETING GRANT | $12,500 |