Form 990 for tax year 2023
Filed by NORTH TEXAS GAY LESBIAN BISEXUAL TRANSGENDER CHAMBER OF CMMRC INC.
Totals
- Total revenue
- $377,901
- Total expenses
- $460,867
- Contributions and grants received
- $1,790
- Grants paid
- $0
- Program service revenue
- $376,039
- Investment income
- $72
- Other revenue
- $0
- Total assets, end of year
- $168,004
- Total liabilities, end of year
- $300,897
- Net assets or fund balances, end of year
- -$132,893
- Program services expenses (Part IX)
- $241,352
- Management and general expenses
- $219,515
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 52.4% 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.
-
1c · Fundraising events
$1,790
-
2a · Program service revenue: ADVERTISING
total $25 · unrelated business $25
-
2b · Program service revenue: MEMBERSHIP DUES
total $253,760 · related or exempt $253,760
-
2c · Program service revenue: PROGRAM FEES
total $110,123 · related or exempt $110,123
-
2d · Program service revenue: ROYALTY INCOME
total $12,131 · related or exempt $12,131
-
3 · Investment income
total $72 · excluded $72
-
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
-
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 $83,292 · program services $41,646 · management and general $41,646
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $107,240 · program services $53,620 · management and general $53,620
-
8 · Pension plan contributions
total $6,153 · program services $4,872 · management and general $1,281
-
9 · Other employee benefits
total $28,640 · program services $19,489 · management and general $9,151
-
10 · Payroll taxes
total $19,828 · program services $9,914 · management and general $9,914
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $17,286 · program services $8,643 · management and general $8,643
-
12 · Advertising and promotion
total $6,280 · program services $5,844 · management and general $436
-
13 · Office expenses
total $8,742 · program services $4,371 · management and general $4,371
-
14 · Information technology
total $8,914 · program services $4,457 · management and general $4,457
-
15 · Royalties
total $0
-
16 · Occupancy
total $12,440 · program services $6,220 · management and general $6,220
-
17 · Travel
total $3,154 · program services $1,577 · management and general $1,577
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $5,410 · program services $2,705 · management and general $2,705
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $4,648 · program services $2,324 · management and general $2,324
-
24a · Other expenses: MEETINGS/EVENTS
total $104,604 · program services $52,302 · management and general $52,302
-
24b · Other expenses: TRAINING & DEVELOPMENT
total $15,558 · program services $7,779 · management and general $7,779
-
24c · Other expenses: DUES & SUBSCRIPTIONS
total $13,878 · program services $6,939 · management and general $6,939
-
24d · Other expenses: BANK SERVICE CHARGES
total $6,012 · program services $3,006 · management and general $3,006
-
24e · All other expenses
total $8,788 · program services $5,644 · management and general $3,144
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $117,335 · end of year $110,423
-
2 · Savings and temporary cash investments
beginning of year $10,007 · end of year $50,069
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $6,310 · end of year $7,512
-
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 $895 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$27,600
-
10b · Land, buildings and equipment: accumulated depreciation
$27,600
-
10c · Land, buildings and equipment, net
end of year $0
-
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 $424 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $11,364 · end of year $78,297
-
19 · Deferred revenue
beginning of year $25,890 · end of year $78,055
-
24 · Unsecured notes and loans payable
beginning of year $147,522 · end of year $144,545
-
27 · Net assets without donor restrictions
beginning of year -$49,805 · end of year -$132,893
Mission and programs · 2023
Mission
The North Texas GLBT Chamber of Commerce works to achieve equality through business.
Activities or mission (Part I)
The North Texas GLBT Chamber of Commerce works to achieve equality through business. It represents the interests of local businesses and works to increase economic growth within the community. It advocates for business-friendly policies, provides networking opportunities, offers business development resources, and organizes activities to promote local business.
-
The Chamber provides business development & educational programming, networking opportunities and volunteer activities. We publish a quarterly digital magazine and annual member directory.
As filed on the 2023 return.
Listed in Part VII
-
Anthony P VeddaANTHONY P VEDDA
President/CEO
- Total calculated
- $83,291
- From this org
- $78,240
- From related orgs
- $0
- Other
- $5,051
- Hours/week
- 38 + 2 related
-
Clint ThomsonCLINT THOMSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Shelley HunterSHELLEY HUNTER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Scott CarnesSCOTT CARNES
CHAIR ELECT
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Armando G RamirezARMANDO G RAMIREZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Gary SanchezGARY SANCHEZ
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Stephen LewisSTEPHEN LEWIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Joli RobinsonJOLI ROBINSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Rachel WolfRACHEL WOLF
Chairman
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Jake KrysiakJAKE KRYSIAK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Justin WilliamsJUSTIN WILLIAMS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Suzanne ButlerSUZANNE BUTLER
Treasurer
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Armando GonzalezARMANDO GONZALEZ
Secretary
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Clark DavisCLARK DAVIS
Director
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Kevin McKeeverKEVIN MCKEEVER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Kevin WilliamsKEVIN WILLIAMS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2 + 2 related
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.
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.
-
GLBT Chamber of Commerce Foundation
501(c)(3) · Develop leaders in the LGBTQ+ community · TX
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202443189349306499
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