Coppell Chamber Of Commerce
- Assets
- $640.5k
- Revenue
- $533.5k
- Investments
- $0.0
- Employees
- 4
- Location
- Coppell, TX
- Founding
- 11/1991
- Data as of
- 12/2022
- EIN
- 75-2346945
Organization Overview
Coppell Chamber Of Commerce is located in Coppell, TX. The organization was established in 1991. 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. As of 12/2022, Coppell Chamber Of Commerce employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coppell 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 12/2022, Coppell Chamber Of Commerce generated $533.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $461.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE COPPELL CHAMBER OF COMMERCE IS COMMITTED TO PROMOTING AND DEVELOPING EXTRAORDINARY BUSINESS SUPPORT THROUGH ADVOCACY, CONNECTIONS AND EXPERTISE WHILE MAINTAINING A HOMETOWN FEEL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP LUNCHEONS-ON-GOING OBJECTIVES OF CHAMBER ARE TO EDUCATE AND INFORM ITS MEMBERSHIP AND BUSINESS/CIVIC LEADERS THROUGH PUBLIC SPEAKERS ON MATTERS AND ISSUES OF A BUSINESS NATURE. AVERAGE ATTENDANCE 100.
VARIOUS OTHER PROGRAMS THAT PROMOTE BUSINESSES IN THE COMMUNITY
ECONOMIC DEVELOPMENT - FOCUSES ON RECRUITING NEW COMPANIES INTO COPPELL WHILE RETAINING AND GROWING COMPANIES WITH AN EXISTING PRESENCE IN COPPELL. ECONOMIC DEVELOPMENT IS RESPONSIBLE FOR THESE FOCUS AREAS IN AN EFFORT TO PROVIDE QUALITY JOBS AND ASSIST IN MAINTAINING AND GROWING THE LOCAL TAX BASE IN ORDER TO MAINTAIN A VIBRANT ECONOMY IN COPPELL.
BUSINESS EXPO- TO PROMOTE AREA BUSINESSES THROUGH A EXPO FORUM WHERE BUSINESSES HAVE TABLES TO SHOWCASE THEIR BUSINESS.
MEMBERSHIP DEVELOPMENT - PROMOTES THE CHAMBER AMONG THE BUSINESS COMMUNITY AND BRINGS MEMBERS TOGETHER FOR MEMBER NETWORKING.
MEMBERSHIP DIRECTORY- TO PROMOTE AREA BUSINESSES BY PROVIDING A PUBLISHED LISTING OF ALL COMPANIES PARTICIPATING. PUBLISHED 10000
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eleanor R Braxton-Leveen President/ce | OfficerTrustee | 40 | $78,818 |
Daniel Armbruster Executive Co | OfficerTrustee | $0 | |
Toni Bouchard Director | Trustee | $0 | |
Amanda Brummitt Director | Trustee | $0 | |
Johnni Cody Executive Co | OfficerTrustee | $0 | |
Tyler Deakins Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $216,904 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $216,904 |
| Total Program Service Revenue | $311,717 |
| Investment income | $4,748 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $533,500 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $81,600 |
| Compensation of current officers, directors, key employees. | $16,320 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $81,320 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,815 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $33,986 |
| Advertising and promotion | $83,048 |
| Office expenses | $22,036 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,221 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $11,070 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,621 |
| Insurance | $3,285 |
| All other expenses | $17,923 |
| Total functional expenses | $461,541 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $164,266 |
| Savings and temporary cash investments | $85,567 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $390,715 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $640,548 |
| Accounts payable and accrued expenses | $4,604 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $268,214 |
| Other liabilities | $344,784 |
| Total liabilities | $272,818 |
| Net assets without donor restrictions | $367,730 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $640,548 |