Totals
- Total revenue
- $1,972,411
- Total expenses
- $1,796,778
- Contributions and grants received
- $1,151,977
- Grants paid
- $0
- Program service revenue
- $807,350
- Investment income
- $13,084
- Other revenue
- $0
- Total assets, end of year
- $1,772,745
- Total liabilities, end of year
- $493,755
- Net assets or fund balances, end of year
- $1,278,990
- Program services expenses (Part IX)
- $324,768
- Management and general expenses
- $1,467,625
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $324,768
Program services were 18.1% 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.
-
1a · Federated campaigns
$1,151,977
-
2a · Program service revenue: AG AND NATURAL RESOURCES
total $50,035 · related or exempt $50,035
-
2b · Program service revenue: BUSINESS DEVELOPMENT
total $289,473 · related or exempt $289,473
-
2c · Program service revenue: COMMUNICATIONS DIVISION
total $64,933 · related or exempt $64,933
-
2d · Program service revenue: COMMUNITY RELATIONS
total $292,735 · related or exempt $292,735
-
2e · Program service revenue: GOVERNMENT RELATIONS
total $62,074 · related or exempt $62,074
-
2f · All other program service revenue
total $48,100 · related or exempt $48,100
-
3 · Investment income
total $13,084 · related or exempt $13,084
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: GAIN ON SALE OF ARTWORK
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $268,200 · management and general $268,200
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $622,694 · management and general $622,694
-
8 · Pension plan contributions
total $4,939 · management and general $4,939
-
9 · Other employee benefits
total $78,020 · management and general $78,020
-
10 · Payroll taxes
total $66,218 · management and general $66,218
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $2,115 · management and general $2,115
-
11c · Fees: accounting
total $16,200 · management and general $16,200
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $17,639 · management and general $17,639
-
14 · Information technology
total $38,211 · management and general $38,211
-
15 · Royalties
total $0
-
16 · Occupancy
total $166,194 · management and general $166,194
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $4,385
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $5,727 · management and general $5,727
-
23 · Insurance
total $13,669 · management and general $13,669
-
24a · Other expenses: COMMUNITY RELATIONS
total $134,530 · program services $134,530
-
24b · Other expenses: BUSINESS DEVELOPMENT
total $100,095 · program services $100,095
-
24c · Other expenses: ADMINISTRATIVE DIVISION
total $62,200 · program services $62,200
-
24d · Other expenses: PUBLIC RELATIONS
total $45,739 · management and general $45,739
-
24e · All other expenses
total $150,003 · program services $27,943 · management and general $122,060
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,242,630 · end of year $1,562,051
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $13,821 · end of year $65,012
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $5,235 · end of year $13,255
-
10a · Land, buildings and equipment: cost or other basis
$53,256
-
10b · Land, buildings and equipment: accumulated depreciation
$35,972
-
10c · Land, buildings and equipment, net
beginning of year $23,011 · end of year $17,284
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $236,986 · end of year $115,143
-
17 · Accounts payable and accrued expenses
beginning of year $32,336 · end of year $112,197
-
19 · Deferred revenue
end of year $154,640
-
23 · Secured mortgages and notes payable
beginning of year $149,004 · end of year $145,056
-
25 · Other liabilities
beginning of year $236,986 · end of year $81,862
-
27 · Net assets without donor restrictions
beginning of year $1,069,375 · end of year $1,212,074
-
28 · Net assets with donor restrictions
beginning of year $33,982 · end of year $66,916
Mission and programs · 2023
Mission
THE LUBBOCK CHAMBER OF COMMERCE PROVIDES PROMOTION OF BUSINESS AND COMMUNITY GROWTH AND DEVELOPMENT AS WELL AS PRESERVING THE COMPETITIVE BUSINESS ENTERPRISE SYSTEM IN THE LUBBOCK AND SURROUNDING AREA.
-
THE LUBBOCK CHAMBER OF COMMERCE PROVIDES PROMOTION OF BUSINESS AND COMMUNITY GROWTH AND DEVELOPMENT AS WELL AS PRESERVING THE COMPETITIVE BUSINESS ENTERPRISE SYSTEM IN LUBBOCK AND THE SURROUNDING AREA.
Expenses $324,768 · Revenue $807,350
As filed on the 2023 return.
Listed in Part VII
-
Maridel Acosta-CruzMARIDEL ACOSTA-CRUZ
Director
- Total calculated
- $0
- Hours/week
- 2
-
Greg AmmonsGREG AMMONS
Director
- Total calculated
- $0
- Hours/week
- 2
-
Travis BarnettTRAVIS BARNETT
Director
- Total calculated
- $0
- Hours/week
- 2
-
Tony GarciaTONY GARCIA
Director
- Total calculated
- $0
- Hours/week
- 2
-
Melinda PhariesMELINDA PHARIES
Director
- Total calculated
- $0
- Hours/week
- 2
-
Chris BerryCHRIS BERRY
Director
- Total calculated
- $0
- Hours/week
- 2
-
Mark FunderburkMARK FUNDERBURK
Director
- Total calculated
- $0
- Hours/week
- 2
-
Elizabeth HillELIZABETH HILL
Director
- Total calculated
- $0
- Hours/week
- 2
-
Chris MandrellCHRIS MANDRELL
Director
- Total calculated
- $0
- Hours/week
- 2
-
Pam HufstedlerPAM HUFSTEDLER
Director
- Total calculated
- $0
- Hours/week
- 2
-
Michael LambertMICHAEL LAMBERT
Director
- Total calculated
- $0
- Hours/week
- 2
-
Dr Felicia PowellDR FELICIA POWELL
Director
- Total calculated
- $0
- Hours/week
- 2
-
Macy SatterwhiteMACY SATTERWHITE
Chairman
- Total calculated
- $0
- Hours/week
- 2
-
Eddie SchulzEDDIE SCHULZ
Director
- Total calculated
- $0
- Hours/week
- 2
-
Cole WattsCOLE WATTS
Director
- Total calculated
- $0
- Hours/week
- 2
-
Paulene SalamonPAULENE SALAMON
Director
- Total calculated
- $0
- Hours/week
- 2
-
Shara KonechneySHARA KONECHNEY
Director
- Total calculated
- $0
- Hours/week
- 2
-
Kelly TuckerKELLY TUCKER
Director
- Total calculated
- $0
- Hours/week
- 2
-
Nick AtwoodNICK ATWOOD
Director
- Total calculated
- $0
- Hours/week
- 2
-
Michelle McCordMICHELLE MCCORD
Director
- Total calculated
- $0
- Hours/week
- 2
-
Victoria WhiteheadVICTORIA WHITEHEAD
Director
- Total calculated
- $0
- Hours/week
- 2
-
Kathy RolloKATHY ROLLO
Director
- Total calculated
- $0
- Hours/week
- 2
-
Lacy VardemanLACY VARDEMAN
Director
- Total calculated
- $0
- Hours/week
- 2
-
Kathy TimmsKATHY TIMMS
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jeremy L BarbeeJEREMY L BARBEE
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Steve BeckSTEVE BECK
Chairman
- Total calculated
- $0
- Hours/week
- 2
-
Robert WoodROBERT WOOD
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Rey CarrascoREY CARRASCO
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Chris ChambersCHRIS CHAMBERS
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Casey DoyleCASEY DOYLE
PAST CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Kay McDowellKAY MCDOWELL
Secretary
- Total calculated
- $0
- Hours/week
- 40
-
Becky PalmerBECKY PALMER
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Dana MadisonDANA MADISON
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 2
-
Beth LawsonBETH LAWSON
CHAIR ELECT
- Total calculated
- $0
- Hours/week
- 2
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 8 May 2024
- IRS schema version
- 2023v5.0
- Source object
- 202411299349303511
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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