Totals
- Total revenue
- $3,717,679
- Total expenses
- $3,529,165
- Contributions and grants received
- $1,906,125
- Grants paid
- $0
- Program service revenue
- $1,805,749
- Investment income
- $2,331
- Other revenue
- $3,474
- Total assets, end of year
- $3,119,544
- Total liabilities, end of year
- $1,067,894
- Net assets or fund balances, end of year
- $2,051,650
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$801,125
-
1e · Government grants (contributions)
$364,500
-
1f · All other contributions, gifts and grants
$740,500
-
2a · Program service revenue: RESEARCH AND MARKETING
total $28,025 · unrelated business $0 · excluded $0
-
2b · Program service revenue: SPORTS & RECREATION
total $757,173 · unrelated business $0 · excluded $0
-
2c · Program service revenue: LEADERSHIP DEVELOPMENT
total $153,683 · unrelated business $0 · excluded $0
-
2d · Program service revenue: MEMBERSHIP SERVICES
total $367,844 · unrelated business $0 · excluded $0
-
2e · Program service revenue: WORKFORCE EDUCATION
total $251,550 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $247,474 · unrelated business $0 · excluded $0
-
3 · Investment income
total $2,331 · unrelated business $0 · excluded $2,331
-
11a · Other revenue: PUBLICATIONS, LISTS
total $500 · related or exempt $0 · unrelated business $500 · excluded $0
-
11b · Other revenue: OTHER
total $2,974 · related or exempt $0 · unrelated business $0 · excluded $2,974
-
11e · Other revenue, total
$3,474
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $610,127 · program services $0 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $776,370 · program services $0 · management and general $0 · fundraising $0
-
8 · Pension plan contributions
total $118,463 · program services $0 · management and general $0 · fundraising $0
-
9 · Other employee benefits
total $103,568 · program services $0 · management and general $0 · fundraising $0
-
10 · Payroll taxes
total $97,142 · program services $0 · management and general $0 · fundraising $0
-
11c · Fees: accounting
total $30,142 · program services $0 · management and general $0 · fundraising $0
-
13 · Office expenses
total $43,488 · program services $0 · management and general $0 · fundraising $0
-
14 · Information technology
total $21,278 · program services $0 · management and general $0 · fundraising $0
-
16 · Occupancy
total $220,790 · program services $0 · management and general $0 · fundraising $0
-
20 · Interest
total $4,298 · program services $0 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $24,325 · program services $0 · management and general $0 · fundraising $0
-
23 · Insurance
total $36,175 · program services $0 · management and general $0 · fundraising $0
-
24a · Other expenses: AUTOMOBILE
total $14,178 · program services $0 · management and general $0 · fundraising $0
-
24b · Other expenses: PROFESSIONAL DUES
total $7,695 · program services $0 · management and general $0 · fundraising $0
-
24c · Other expenses: MANAGEMENT DEV
total $7,138 · program services $0 · management and general $0 · fundraising $0
-
24d · Other expenses: CIVIC ORGANIZATIONS
total $12,425 · program services $0 · management and general $0 · fundraising $0
-
24e · All other expenses
total $1,401,563 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,698,943 · end of year $2,922,534
-
3 · Pledges and grants receivable
beginning of year $43,750 · end of year $29,167
-
4 · Accounts receivable
beginning of year $9,887
-
9 · Prepaid expenses and deferred charges
beginning of year $47,848 · end of year $78,161
-
10a · Land, buildings and equipment: cost or other basis
$262,163
-
10b · Land, buildings and equipment: accumulated depreciation
$172,481
-
10c · Land, buildings and equipment, net
beginning of year $70,093 · end of year $89,682
-
17 · Accounts payable and accrued expenses
beginning of year $52,053 · end of year $95,493
-
19 · Deferred revenue
beginning of year $506,020 · end of year $794,121
-
23 · Secured mortgages and notes payable
beginning of year $162,113 · end of year $28,280
-
24 · Unsecured notes and loans payable
end of year $150,000
-
27 · Net assets without donor restrictions
beginning of year $2,150,335 · end of year $2,051,650
Mission and programs · 2022
Mission
PROMOTE COMMERCE & ECO DEV IN WACO
-
PROMOTE COMMERCE & ECONOMIC DEVELOPMENT IN WACO, TEXAS
As filed on the 2022 return.
Listed in Part VII
-
Jason PowersJASON POWERS
VP
- Total calculated
- $90,020
- From this org
- $90,020
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Philip PattersonPHILIP PATTERSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
George ChaseGEORGE CHASE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kristina CollinsKRISTINA COLLINS
VP
- Total calculated
- $166,175
- From this org
- $166,175
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $144,200
- Bonus
- $22,864
- Other
- $6,000
- Deferred
- $15,956
- Nontaxable benefits
- $6,890
- Filer's total
- $195,910
-
Matthew MeadorsMATTHEW MEADORS
CEO
- Total calculated
- $255,764
- From this org
- $255,764
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $239,675
- Bonus
- $22,807
- Other
- $0
- Deferred
- $25,898
- Nontaxable benefits
- $6,718
- Filer's total
- $295,098
-
Seth MorrisSETH MORRIS
VP
- Total calculated
- $98,168
- From this org
- $98,168
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Todd MooreTODD MOORE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kary LalaniKARY LALANI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Carolyn HaferkampCAROLYN HAFERKAMP
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 6 July 2023
- IRS schema version
- 2022v5.0
- Source object
- 202321879349300202
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.