Springtown Chamber Of Commerce Of Springtown Texas is located in Springtown, TX. The organization was established in 1989. 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. Springtown Chamber Of Commerce Of Springtown Texas 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, Springtown Chamber Of Commerce Of Springtown Texas generated $112.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $110.9k during the year ending 12/2022. While expenses have increased by 3.4% per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
PROMOTED AND SUPPORTED THE LOCAL BUSINESS COMMUNITY IN THE GREATER SPRINGTOWN, TEXAS AREA AND PROMOTED COMMUNITY FELLOWSHIP AND PRIDE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jennifer Conway President | 2 | $0 | |
Mary Jo Harms Vice Preside | 1 | $0 | |
Judy Ray Vice Preside | 1 | $0 | |
Terri Toone Executive Di | 32 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $11,021 |
Total Program Service Revenue | $0 |
Membership dues | $37,097 |
Investment income | $6,259 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $57,864 |
Other Revenue | $0 |
Total Revenue | $112,241 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $63,897 |
Professional fees and other payments to independent contractors | $750 |
Occupancy, rent, utilities, and maintenance | $8,156 |
Printing, publications, postage, and shipping | $1,212 |
Other expenses | $35,280 |
Total expenses | $110,895 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $110,009 |
Other assets | $0 |
Total assets | $175,634 |
Total liabilities | $2,179 |
Net assets or fund balances | $173,455 |