Iacc Inc
- Assets
- $49.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mathis, TX
- Founding
- 07/2019
- Data as of
- 12/2019
- EIN
- 82-2061290
Organization Overview
Iacc Inc is located in Mathis, TX. The organization was established in 2019. 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. Iacc 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 12/2019, Iacc Inc generated $29.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $32.3k during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debbie Trees President | 4 | $0 | |
Teresa Arizmendi President El | 2 | $0 | |
Terri Hower Vice Preside | 2 | $0 | |
Debbie Johnson Treasurer | 4 | $0 | |
Joanna Ringel Past Preside | 2 | $0 | |
Theresa Flores Corresp. Sec | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,609 |
| Total Program Service Revenue | $26,128 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $29,737 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $10,241 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,983 |
| Total expenses | $32,260 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $49,672 |
| Other assets | $0 |
| Total assets | $49,672 |
| Total liabilities | $0 |
| Net assets or fund balances | $49,672 |
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