Stemmons Corridor Business Association
- Assets
- $60.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 05/1983
- Data as of
- 12/2023
- EIN
- 75-1850470
Organization Overview
Stemmons Corridor Business Association is located in Dallas, TX. The organization was established in 1983. 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. Stemmons Corridor Business Association 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, Stemmons Corridor Business Association generated $191.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $183.5k during the year ending 12/2023. While expenses have increased by 3.3% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE STEMMONS CORRIDOR BUSINESS ASSOCIATION (SCBA) IS A NON-PROFIT BUSINESS GROUP THAT PROMOTES AND SUPPORTS THE MUTUAL BUSINESS INTERESTS OF THE EMPLOYEES AND CUSTOMERS OF ITS MEMBERS THROUGH UNIFIED ADVOCACY LEADING TO SUSTAINABLE ECONOMIC GROWTH AND AN ATTRACTIVE, ACCESSIBLE AND SAFE BUSINESS ENVIRONMENT IN THE STEMMONS CORRIDOR.WITH A SMALL RESIDENTIAL VOTER BASE, THE SCBA HAS STRONG RELATIONSHIPS WITH CITY LEADERS TO LOBBY FOR TAX DOLLARS TO BE INVESTED BACK INTO THE CORRIDOR. THE SCBA WORKS WITH COMMUNITY LEADERS ON VARIOUS DALLAS ISSUES. THE SCBA IS ALSO COMMITTED TO A STRONG RELATIONSHIP WITH THE DALLAS POLICE DEPARTMENT.THE SCBA REPRESENTS A BUSINESS COMMUNITY THAT INCLUDES MORE THAN 5,000 BUSINESSES EMPLOYING NEARLY 170,000 PEOPLE. WE PROVIDE OUR MEMBERS WITH INFORMATION, ADVOCACY, AND ACTION AND HOST NUMEROUS MEETINGS PER YEAR TO INFORM OUR MEMBERS AND PROVIDE THEM WITH A VENUE TO NETWORK. SCBA - "HELPING BUSINESSES DO BUSINESS."
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Schneider Chairman | 0 | $0 | |
Hanes Chatham Vice Chairman | 0 | $0 | |
Gabriela Gilmore Executive Dir. | 40 | $85,077 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,708 |
| Total Program Service Revenue | $91,490 |
| Membership dues | $83,650 |
| Investment income | $127 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $190,975 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $92,358 |
| Professional fees and other payments to independent contractors | $4,000 |
| Occupancy, rent, utilities, and maintenance | $15,708 |
| Printing, publications, postage, and shipping | $186 |
| Other expenses | $71,284 |
| Total expenses | $183,536 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,758 |
| Other assets | $0 |
| Total assets | $60,758 |
| Total liabilities | $0 |
| Net assets or fund balances | $60,758 |