Form 990 for tax year 2024
Filed by NORTHEAST TARRANT COUNTY CHAMBER OF COMMERCE INC.
Totals
- Total revenue
- $480,403
- Total expenses
- $509,242
- Contributions and grants received
- $276,271
- Grants paid
- $18,994
- Program service revenue
- $167,698
- Investment income
- $12
- Other revenue
- $36,422
- Total assets, end of year
- $195,517
- Total liabilities, end of year
- $141,908
- Net assets or fund balances, end of year
- $53,609
- Program services expenses (Part IX)
- $39,179
- Management and general expenses
- $416,225
- Fundraising expenses
- $53,838
- Program service expenses (Part III)
- $99,424
Program services were 7.7% 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
$276,271
-
2a · Program service revenue: Community Development
total $68,910 · related or exempt $68,910
-
2b · Program service revenue: Membership Development
total $53,143 · related or exempt $53,143
-
2c · Program service revenue: Business Development
total $33,880 · related or exempt $33,880
-
2d · Program service revenue: Communications Revenue
total $11,765 · related or exempt $11,765
-
3 · Investment income
total $12 · excluded $12
-
8a · Fundraising events: gross income
$61,756
-
8b · Fundraising events: direct expenses
$26,874
-
8c · Net income from fundraising events
total $34,882 · excluded $34,882
-
11a · Other revenue: Miscellaneous Revenue
total $1,540 · related or exempt $1,540
-
11e · Other revenue, total
$1,540
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $18,994 · program services $18,994
-
7 · Other salaries and wages
total $197,006 · management and general $197,006
-
10 · Payroll taxes
total $15,123 · management and general $15,123
-
11a · Fees: management
total $12,742 · management and general $12,742
-
11b · Fees: legal
total $2,608 · management and general $2,608
-
11c · Fees: accounting
total $3,207 · management and general $3,207
-
11e · Fees: professional fundraising services
total $21,739 · fundraising $21,739
-
12 · Advertising and promotion
total $677 · management and general $677
-
13 · Office expenses
total $13,629 · management and general $13,629
-
16 · Occupancy
total $36,774 · management and general $36,774
-
20 · Interest
total $3,719 · management and general $3,719
-
22 · Depreciation, depletion and amortization
total $627 · management and general $627
-
23 · Insurance
total $4,868 · management and general $4,868
-
24a · Other expenses: Directory & Website Cos
total $42,078 · management and general $42,078
-
24b · Other expenses: Bank and Merchant Fees
total $31,134 · management and general $31,134
-
24c · Other expenses: Cost of Printing and Co
total $18,804 · management and general $18,804
-
24d · Other expenses: Cost of Hometown Heroes
total $15,392 · fundraising $15,392
-
24e · All other expenses
total $70,121 · program services $20,185 · management and general $33,229 · fundraising $16,707
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $205,961 · end of year $151,956
-
10a · Land, buildings and equipment: cost or other basis
$220,975
-
10b · Land, buildings and equipment: accumulated depreciation
$177,414
-
10c · Land, buildings and equipment, net
beginning of year $23,770 · end of year $43,561
-
24 · Unsecured notes and loans payable
beginning of year $145,277 · end of year $140,676
-
25 · Other liabilities
beginning of year $2,006 · end of year $1,232
-
27 · Net assets without donor restrictions
beginning of year $82,448 · end of year $53,609
Mission and programs · 2024
Mission
Community, economic and civic development
-
Community Development - Present a free Family 4th Fireworks show sponsored by Chamber member businesses for the communities served (30,000 attendees.)Chamber website publicizes local school and charitable events.Vital Link is an education/business partnership where 120 8th grade students are invited to work in 120 area businesses. This program gives students first-hand experience in the business world. Scholarships are given to area students.Home Town Heroes banquet is held each year to acknowledge and show appreciation to 30-40 community volunteers and outstanding citizens.Dynamic Womens Alliance-Promotes networking of women in business.
Expenses $51,092 · Revenue $83,590
-
Business Development - Monthly member luncheons, bi-monthly business breakfasts, ribbon-cuttings, PowerNET speed leads, weekly leads groups and monthly after-hours mixers encourage business networking and connections in the community. Luncheons average 150 attendees. Member directories, newsletters, website and area business maps are distributed to all of the almost 1,000 members. Includes Non Exempt income from communications advertising.
Expenses $20,185 · Revenue $27,489
-
Membership Development - The Diplomat program meets monthly to discuss ways to increase Chamber membership among businesses in the community. New member orientations are held each month prior to the luncheon. Annual member appreciation day is held in conjunction with the distribution of member directories and the year is concluded with the annual Awards Banquet to recognize the accomplishments of members, businesses and volunteers.
Expenses $28,147 · Revenue $55,498
As filed on the 2024 return.
Listed in Part VII
-
Troy Dunn
Incoming Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Jim Meehan
Past-Chairman
- Total calculated
- $0
- Hours/week
- 0.5
-
Audra Collins
Chairwoman
- Total calculated
- $0
- Hours/week
- 0.5
-
Eric Herron
VC Membership
- Total calculated
- $0
- Hours/week
- 0.5
-
Josh Stogsdill
VC Economic Development
- Total calculated
- $0
- Hours/week
- 0.5
-
Abel Moreno
VC Commun Development
- Total calculated
- $0
- Hours/week
- 0.5
-
Marcia Etie
Secretary
- Total calculated
- $0
- Hours/week
- 0.5
-
Darlisa Diltz
VC Events
- Total calculated
- $0
- Hours/week
- 0.5
-
Michelle Petrie
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Bryan Downer
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Tracy Archer
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Scott Baumbach
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Nicole Adams
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Linda Boswell
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Mike Crow
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Jeanelle Davis
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Joshua Fichter
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Greg Gideon
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Dennis Serratt
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Kaitlyn McDonald
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Jack Bradshaw
President & CEO
- Total calculated
- $210,000
- From this org
- $105,000
- From related orgs
- $0
- Other
- $105,000
- Hours/week
- 40
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
- 2024
- Filed
- 23 June 2025
- IRS schema version
- 2024v5.2
- Source object
- 202541829349301249
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.