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Nonprofit · EIN 23-7174532

FRIENDSWOOD CHAMBER OF COMMERCE

Tax-exempt · FRIENDSWOOD, TX 77546

Financials

$286K$262K2023$271K$269K2024
Revenue Expenses · by fiscal year end
Financials of FRIENDSWOOD CHAMBER OF COMMERCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$270,603$269,425$1,178$435,136$3,720$431,416
December 31, 2023990$285,857$261,597$24,260$434,182$3,944$430,238
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$130,310
of which government grants
$20,050
Membership dues
$108,716
Program service revenue
$0
Investment income
$2,098
Net rental income
$6,583
Net income from fundraising events
$118,168
Other revenue
$138,195

Expenses

Grants and similar amounts paid
$4,048
Compensation of officers, directors and key employees
$91,514
Other salaries and wages
$63,872
Salaries, compensation and benefits (total)
$168,067
Professional fundraising fees
$0
Accounting fees
$6,100
Occupancy
$22,543
Depreciation
$6,138
Program services (functional)
$4,048
Management and general (functional)
$259,239

Balance sheet and other

Total assets, start of year
$434,182
Total assets, end of year
$435,136
Total liabilities, end of year
$3,720
Net assets, end of year
$431,416
Land, buildings and equipment
$258,775
Net assets without donor restrictions
$431,416
Gross receipts
$385,485
Employees
4
Volunteers
47
Year formed
1964
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
CAROL MARCANTELPRESIDENT
Trustee or director, Officer, Key employee, Highest-paid employee
40$91,514
ALEX BLALOCKDIRECTOR
Trustee or director
2$0
CINDY DEATONDIRECTOR
Trustee or director
2$0
DENISE SPRUIELLDIRECTOR
Trustee or director
2$0
BRAD HUGHESDIRECTOR
Trustee or director
2$0
DAVID LORENZDIRECTOR
Trustee or director
2$0
SCOTT MACKENZIEDIRECTOR
Trustee or director
2$0
LEANN SHOEMAKERDIRECTOR
Trustee or director
2$0
MEGAN HEARDDIRECTOR
Trustee or director
2$0
ROBERT SMITHHARTCHAIRMAN
Trustee or director
2$0
BECK TROUTDIRECTOR
Trustee or director
2$0
SCOTT GORDONDIRECTOR
Trustee or director
2$0
MARK ANTONDIRECTOR
Trustee or director
2$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
CAROL MARCANTELPRESIDENT
Trustee or director, Officer, Key employee, Highest-paid employee
40$88,688
ALEX BLALOCKDIRECTOR
Trustee or director
2$0
CINDY DEATONDIRECTOR
Trustee or director
2$0
DENISE SPRUIELLDIRECTOR
Trustee or director
2$0
CYNDEY BUTCHERDIRECTOR
Trustee or director
2$0
DAVID LORENZDIRECTOR
Trustee or director
2$0
SCOTT MACKENZIEDIRECTOR
Trustee or director
2$0
LEANN SHOEMAKERDIRECTOR
Trustee or director
2$0
MEGAN HEARDDIRECTOR
Trustee or director
2$0
ROBERT SMITHHARTCHAIRMAN
Trustee or director
2$0
BECK TROUTDIRECTOR
Trustee or director
2$0
DAN GARZA SRDIRECTOR
Trustee or director
2$0
LINDSEY VAUGHNDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
1100 S FRIENDSWOOD DR, FRIENDSWOOD, TX 77546-4825
Principal officer (990 for 2024)
CAROL MARCANTEL, PO BOX 11, FRIENDSWOOD, TX 775490011
Signed the 990
CAROL MARCANTEL, PRESIDENT
Phone
(281) 482-3329
Return prepared by
Peterson CPA Firm PC

Mission

FOSTER AND PROTECT COMMUNITY GOODWILL

990 for the year ended December 31, 2024

Program accomplishments

  • HOSTED JULY FOURTH COMMUNITY EVENT TO PROMOTE COMMUNITY GOODWILL
  • HOSTED CHAIRMANS GALA RECOGNIZING AND HONORING LOCAL BUSINESSES AND INDIVIDUALS TO PROMOTE COMMUNITY GOODWILL
  • HOSTED A SPORTING GOODS RAFFLE EVENT TO PROMOTE COMMUNITY GOODWILL
  • PROMOTE ECONOMIC DEVELOPMENT OF THE COMMUNITY AND LEADERSHIP TRAINING.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7174532
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1982
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$435,136
Income (IRS master file)
$385,485

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$270,603$269,425$435,136XML
990December 2023$285,857$261,597$434,182XML
990December 2022$264,932$251,148$409,767IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7174532).

Questions about FRIENDSWOOD CHAMBER OF COMMERCE

What is the EIN of FRIENDSWOOD CHAMBER OF COMMERCE?
The employer identification number (EIN) of FRIENDSWOOD CHAMBER OF COMMERCE is 23-7174532.
Is FRIENDSWOOD CHAMBER OF COMMERCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1982.
Are donations to FRIENDSWOOD CHAMBER OF COMMERCE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does FRIENDSWOOD CHAMBER OF COMMERCE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FRIENDSWOOD CHAMBER OF COMMERCE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FRIENDSWOOD CHAMBER OF COMMERCE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FRIENDSWOOD CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 names CAROL MARCANTEL.
Who are the officers and directors of FRIENDSWOOD CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 lists 13 people; 1 received compensation from the organization, the highest $91,514 (CAROL MARCANTEL, PRESIDENT).
How much revenue does FRIENDSWOOD CHAMBER OF COMMERCE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $270,603, expenses of $269,425 and total assets of $435,136 at year end.

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