Hallsville Area Chamber Of Commerce Inc is located in Hallsville, TX. 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. Hallsville Area 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 12/2020, Hallsville Area Chamber Of Commerce Inc generated $6.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (39.5%) each year. All expenses for the organization totaled $5.8k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
PROMOTION OF LOCAL BUSINESSES AND COMMERCE IN THE CITY OF HALLSVILLE,TEXAS BY PROVIDING NETWORKING FUNCTIONS AND EVENTS TO EXPAND THE GROWTH OF THE BUSINESS COMMUNITY, ENHANCE THE COLLABORATION OF LOCAL BUSINESS ENTERPRISES AND REPORT ON BUSINESS GROWTH IN THE COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jason Newman Director | 0 | $0 | |
Matt Folmar Director | 0 | $0 | |
Michelle Jones Treasurer | 0 | $0 | |
Tony Mcculough Vice President | 0 | $0 | |
Wes Lacy Director | 0 | $0 | |
Christopher S Comer President | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $500 |
Total Program Service Revenue | $0 |
Membership dues | $4,125 |
Investment income | $12 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $2,144 |
Other Revenue | $0 |
Total Revenue | $6,781 |
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 | $2,785 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $3,012 |
Total expenses | $5,797 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $13,304 |
Other assets | $0 |
Total assets | $13,304 |
Total liabilities | $0 |
Net assets or fund balances | $13,304 |
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