Cy-Fair Houston Chamber Of Commerce Inc is located in Houston, 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. As of 12/2021, Cy-Fair Houston Chamber Of Commerce Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cy-Fair Houston 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 12/2021, Cy-Fair Houston Chamber Of Commerce Inc generated $533.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $638.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Cy-Fair Houston Chamber Of Commerce Inc has awarded 16 individual grants totaling $156,365. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE THE ECONOMIC DEVELOPMENT OF THE CY-FAIR HOUSTON AREA
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH MEETINGS, LUNCHEONS, NEWSLETTERS AND RELATED ACTIVITIES THE CHAMBER PROMOTES THE COMMERCIAL, INDUSTRIAL, CULTURAL, EDUCATIONAL, CIVIC AND GENERAL DEVELOPMENT OF THE CY-FAIR HOUSTON TRADE TERRITORY IN HARRIS COUNTY, TEXAS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Leslie Martone President | Officer | 40 | $107,930 |
Leslie Francis Past Chairman | OfficerTrustee | 1 | $0 |
Craig P Soudelier Chairman | OfficerTrustee | 1 | $0 |
Debbie Gibson Treasurer | OfficerTrustee | 1 | $0 |
Dr Seelpa Keshvala Secretary | OfficerTrustee | 1 | $0 |
Austin Bleess Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $121,075 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $17,900 |
Noncash contributions included in lines 1a–1f | $1,500 |
Total Revenue from Contributions, Gifts, Grants & Similar | $138,975 |
Total Program Service Revenue | $348,490 |
Investment income | $468 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $27,876 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $533,327 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $25,075 |
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. | $116,082 |
Compensation of current officers, directors, key employees. | $52,237 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $199,314 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $32,784 |
Payroll taxes | $28,897 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $18,423 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $675 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $86,569 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,828 |
Insurance | $2,525 |
All other expenses | $30,676 |
Total functional expenses | $638,870 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $168,937 |
Savings and temporary cash investments | $98,613 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $12,245 |
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 | $5,028 |
Net Land, buildings, and equipment | $5,342 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $34,542 |
Total assets | $324,707 |
Accounts payable and accrued expenses | $44,790 |
Grants payable | $0 |
Deferred revenue | $191,033 |
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 | $0 |
Other liabilities | $0 |
Total liabilities | $235,823 |
Net assets without donor restrictions | $54,009 |
Net assets with donor restrictions | $34,875 |
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 | $324,707 |
Over the last fiscal year, Cy-Fair Houston Chamber Of Commerce Inc has awarded $22,075 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
CYPRESS FAIRBANKS ISD PURPOSE: ASSISTANCE WITH EDUCATION | $16,075 |
Cypress, TX PURPOSE: ASSISTANCE WITH EDUCATION | $6,000 |
Over the last fiscal year, we have identified 1 grants that Cy-Fair Houston Chamber Of Commerce Inc has recieved totaling $25,185.
Awarding Organization | Amount |
---|---|
Memorial Hermann Health System Houston, TX | | $25,185 |
Organization Name | Assets | Revenue |
---|---|---|
Lloyds Register North America Inc Houston, TX | $53,290,945 | $33,311,416 |
Louisiana Ambulance Alliance Inc Napoleonville, LA | $5,578,332 | $30,543,889 |
Wi-Fi Alliance Austin, TX | $27,634,772 | $19,782,142 |
Greater Houston Partnership Inc Houston, TX | $22,962,720 | $19,728,312 |
Bbb Serving The Heart Of Texas Austin, TX | $13,203,011 | $18,551,696 |
Visit San Antonio San Antonio, TX | $11,429,570 | $19,048,365 |
Clean Gulf Associates Inc New Orleans, LA | $10,070,698 | $12,457,251 |
Meeting Professionals International Dallas, TX | $6,166,822 | $11,031,821 |
Dallas Regional Chamber Dallas, TX | $15,269,996 | $9,505,789 |
Brazos Pilots Association Freeport, TX | $5,263,034 | $10,473,577 |
American Agape Foundation Inc San Antonio, TX | $56,717,465 | $7,832,495 |
Salesmanship Club Of Dallas Dallas, TX | $14,081,869 | $8,485,267 |