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Nonprofiteer
← HURST EULESS BEDFORD CHAMBER OF COMMERCE

Form 990 for tax year 2024

Filed by HURST EULESS BEDFORD CHAMBER OF COMMERCE.

Totals

Total revenue
$562,832
Total expenses
$543,423
Contributions and grants received
$204,885
Grants paid
$20,000
Program service revenue
$175,745
Investment income
$5,815
Other revenue
$176,387
Total assets, end of year
$678,468
Total liabilities, end of year
$35,863
Net assets or fund balances, end of year
$642,605
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

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

    $202,160

  • 1d · Related organizations

    $2,725

  • 2a · Program service revenue: Leadership and Local

    total $53,218 · related or exempt $53,218

  • 2b · Program service revenue: Publications

    total $36,158 · unrelated business $36,158

  • 2c · Program service revenue: EDF Fees to Chamber

    total $26,800 · related or exempt $26,800

  • 2d · Program service revenue: Miscellaneous Income

    total $24,665 · related or exempt $24,665

  • 2e · Program service revenue: NLF Fees to Chamber

    total $13,200 · related or exempt $13,200

  • 2f · All other program service revenue

    total $21,704 · related or exempt $21,704

  • 3 · Investment income

    total $5,815 · excluded $5,815

  • 8a · Fundraising events: gross income

    $290,384

  • 8b · Fundraising events: direct expenses

    $113,997

  • 8c · Net income from fundraising events

    total $176,387 · excluded $176,387

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $20,000

  • 5 · Compensation of officers, directors and key employees

    total $148,083

  • 7 · Other salaries and wages

    total $124,211

  • 8 · Pension plan contributions

    total $2,399

  • 9 · Other employee benefits

    total $18,847

  • 10 · Payroll taxes

    total $22,983

  • 11c · Fees: accounting

    total $14,056

  • 11g · Fees: other

    total $5,928

  • 13 · Office expenses

    total $13,805

  • 14 · Information technology

    total $19,967

  • 16 · Occupancy

    total $23,906

  • 17 · Travel

    total $2,698

  • 20 · Interest

    total $1,154

  • 22 · Depreciation, depletion and amortization

    total $11,227

  • 23 · Insurance

    total $11,187

  • 24a · Other expenses: Member Appreciation

    total $24,000

  • 24b · Other expenses: Member Expenses

    total $22,497

  • 24c · Other expenses: Publications

    total $18,079

  • 24d · Other expenses: Leadership/Local

    total $15,948

  • 24e · All other expenses

    total $22,448

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $358,172 · end of year $281,911

  • 2 · Savings and temporary cash investments

    beginning of year $50,000 · end of year $150,000

  • 10a · Land, buildings and equipment: cost or other basis

    $668,239

  • 10b · Land, buildings and equipment: accumulated depreciation

    $421,682

  • 10c · Land, buildings and equipment, net

    beginning of year $257,784 · end of year $246,557

  • 25 · Other liabilities

    beginning of year $42,760 · end of year $35,863

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $623,196 · end of year $642,605

Mission and programs · 2024

Mission

To serve our members and the community, and to foster economic development in the Hurst-Euless-Bedford area.

  • Business Development - To provide programs and activities to help members stay in business and grow their business through educational and networking opportunities.

  • Community Development - To provide programs and activities to facilitate members interacting with and learning about the community to improve the quality of life in the surrounding area.

  • Economic Development - To provide programs and activites that focus on retaining businesses in the Hurst-Euless-Bedford area and attracting new businesses to the Hurst-Euless-Bedford area, as well as improving the economic climate of the area.

As filed on the 2024 return.

Listed in Part VII

  • Mary Frazior

    President & CEO

    Total calculated
    $148,083
    From this org
    $140,199
    From related orgs
    $0
    Other
    $7,884
    Hours/week
    45

    Schedule J breakdown matched by us

    Base
    $129,299
    Bonus
    $8,500
    Other
    $2,400
    Deferred
    $3,768
    Nontaxable benefits
    $4,116
    Filer's total
    $148,083
  • Brad Parker

    Chair of the Board

    Total calculated
    $0
    Hours/week
    2
  • Dalene Parker

    Immediate Past Chair

    Total calculated
    $0
    Hours/week
    2
  • Jared Shelton

    Chair-elect (partial year)

    Total calculated
    $0
    Hours/week
    2
  • Steve Farco

    Secretary/Treasurer

    Total calculated
    $0
    Hours/week
    3
  • Susan Shaw

    Team Chair: Awareness

    Total calculated
    $0
    Hours/week
    1
  • Don Proctor

    Team Chair: Excellence

    Total calculated
    $0
    Hours/week
    1
  • Jim Griffin

    Team Chair: Growth

    Total calculated
    $0
    Hours/week
    1
  • Sue Schulz

    Team Chair: Success

    Total calculated
    $0
    Hours/week
    1
  • Jeri Harwell

    Team Chair: Voice

    Total calculated
    $0
    Hours/week
    1
  • James Wright

    At Large Director

    Total calculated
    $0
    Hours/week
    0.5
  • Perry Champagne

    At Large Director

    Total calculated
    $0
    Hours/week
    1
  • John Fletcher

    At Large Director

    Total calculated
    $0
    Hours/week
    1
  • Julie Andrews

    Director

    Total calculated
    $0
    Hours/week
    0.5
  • Rebecca Barksdale

    Director

    Total calculated
    $0
    Hours/week
    0.5
  • Christina Cates

    Director (partial year)

    Total calculated
    $0
    Hours/week
    0.5
  • Mandy Eliot

    Director

    Total calculated
    $0
    Hours/week
    0.5
  • Faye Chambers

    Director

    Total calculated
    $0
    Hours/week
    0.5
  • Richard Garner

    Director

    Total calculated
    $0
    Hours/week
    0.5
  • Chad Hughes

    Director

    Total calculated
    $0
    Hours/week
    0.5
  • Amanda Jones

    Director

    Total calculated
    $0
    Hours/week
    0.5
  • Andrie Krahl

    Director

    Total calculated
    $0
    Hours/week
    0.5
  • Shelly Lemman

    Director

    Total calculated
    $0
    Hours/week
    0.5
  • Jennifer Leney

    Director

    Total calculated
    $0
    Hours/week
    0.5
  • David Medina

    Director

    Total calculated
    $0
    Hours/week
    0.5
  • Hugh Morrison

    Director

    Total calculated
    $0
    Hours/week
    0.5
  • Mark Overcash

    Director (partial year)

    Total calculated
    $0
    Hours/week
    0.5
  • Sadie Smith

    Director

    Total calculated
    $0
    Hours/week
    0.5
  • Jamie Whisman

    Director

    Total calculated
    $0
    Hours/week
    0.5
  • Dan Cogan

    Director (partial year)

    Total calculated
    $0
    Hours/week
    0.25
  • Dr Jan Clayton

    Director

    Total calculated
    $0
    Hours/week
    0.25
  • Dr Joe Harrington

    Director

    Total calculated
    $0
    Hours/week
    0.25
  • Gary Fickes

    Director

    Total calculated
    $0
    Hours/week
    0.25
  • Kelly Hancock

    Director

    Total calculated
    $0
    Hours/week
    0.25
  • Linda Martin

    Director

    Total calculated
    $0
    Hours/week
    0.25
  • Henry Wilson

    Director

    Total calculated
    $0
    Hours/week
    0.25
  • Tony Tinderholt

    Director

    Total calculated
    $0
    Hours/week
    0.25
  • Robert Hightower

    Director (partial year)

    Total calculated
    $0
    Hours/week
    0.25
  • Pete Benenati

    Corporate Guidance Officer

    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

None.

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

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
14 May 2025
IRS schema version
2024v5.1
Source object
202531349349309148

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