Red Oak Area Chamber of Commerce
- Assets
- $34.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Red Oak, TX
- Founding
- Data as of
- 12/2021
- EIN
- 75-2180313
Organization Overview
Red Oak Area Chamber of Commerce is located in Red Oak, TX.
For the year ending 12/2021, Red Oak Area Chamber of Commerce generated $136.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $129.0k during the year ending 12/2021. While expenses have increased by 4.3% per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clinton B Woodward III President | 40 | $58,450 | |
Brandon Zuniga Secretary | 35 | $15,438 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,354 |
| Total Program Service Revenue | $4,450 |
| Membership dues | $53,678 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $47,025 |
| Other Revenue | $0 |
| Total Revenue | $136,508 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $84,980 |
| Professional fees and other payments to independent contractors | $2,971 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $394 |
| Other expenses | $28,699 |
| Total expenses | $129,044 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,242 |
| Other assets | $0 |
| Total assets | $34,662 |
| Total liabilities | $19,339 |
| Net assets or fund balances | $15,323 |
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