Farmersville Chamber Of Commerce
- Assets
- $117.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Farmersville, TX
- Founding
- 04/2018
- Data as of
- 12/2021
- EIN
- 90-0118831
Organization Overview
Farmersville Chamber Of Commerce is located in Farmersville, TX. The organization was established in 2018. 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. Farmersville 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 12/2021, Farmersville Chamber Of Commerce generated $153.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $125.5k during the year ending 12/2021. While expenses have increased by 9.4% per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
EVENT EXPENSES
EVENT EXPENSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Eastman Executive Director | 40 | $28,767 | |
Lisa Crowder Director | 40 | $28,767 | |
Jake Buchanan President | 5 | $0 | |
Roy Homfeld Secretary | 5 | $0 | |
John Hickman Treasurer | 5 | $0 | |
Heather Grupido Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $118,448 |
| Membership dues | $33,686 |
| Investment income | $241 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,325 |
| Total Revenue | $153,700 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $57,534 |
| Professional fees and other payments to independent contractors | $4,112 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,573 |
| Other expenses | $60,302 |
| Total expenses | $125,521 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $117,351 |
| Other assets | $0 |
| Total assets | $117,351 |
| Total liabilities | $0 |
| Net assets or fund balances | $117,351 |
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