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Nonprofit · EIN 75-0641430

WAXAHACHIE CHAMBER OF COMMERCE

Tax-exempt · WAXAHACHIE, TX 75165

Financials

$630K$601K2023$1.6M$532K2024
Revenue Expenses · by fiscal year end
Financials of WAXAHACHIE CHAMBER OF COMMERCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,595,571$532,079$1,063,492$1,135,540$9,202$1,126,338
December 31, 2023990$630,397$601,098$29,299$269,403$145,889$123,514
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$503,664
Membership dues
$473,709
Program service revenue
$62,800
Investment income
$1,112,353
Net rental income
$1,450
Net gain from sales of assets
$1,095,612
Net income from fundraising events
-$84,796
Other revenue
-$83,246

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$312,500
Salaries, compensation and benefits (total)
$336,686
Professional fundraising fees
$0
Accounting fees
$13,915
Travel
$13,175
Depreciation
$1,189
Program services (functional)
$432,516
Management and general (functional)
$99,563

Balance sheet and other

Total assets, start of year
$269,403
Total assets, end of year
$1,135,540
Total liabilities, end of year
$9,202
Net assets, end of year
$1,126,338
Land, buildings and equipment
$490
Gross receipts
$1,834,755
Employees
4
Year formed
1928
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
MICHAEL STRENGTHPRESIDENT
Trustee or director, Officer, Highest-paid employee
40$122,499
SHANNA DUNNCOO
Officer
0$80,000
JULIE FARRARVICE PRESIDENT
Officer
40$80,000
ROSEMARY TROJACEKMARKETING
Trustee or director
0$30,000
ROBBY KINSALADIRECTOR
Trustee or director
0$0
KATHY AULSONDIRECTOR
Trustee or director
0$0
RICK BOWLESDIRECTOR
Trustee or director
0$0
CHELSEA HOLDERDIRECTOR
Trustee or director
0$0
JAY CRUZANDIRECTOR
Trustee or director
0$0
ALBERT LAWRENCEDIRECTOR
Trustee or director
0$0
REBECCA LOCKRIDGEDIRECTOR
Trustee or director
0$0
BOB LYNNDIRECTOR
Trustee or director
0$0
JORDAN MOLINADIRECTOR
Trustee or director
0$0
WAUNDREA PAYNEDIRECTOR
Trustee or director
0$0
RYAN PITTSDIRECTOR
Trustee or director
0$0
5 more people on this return
NameTitleHours / weekCompensation
AMI TRULLDIRECTOR
Trustee or director
0$0
DANA LYNCHEVENTS COORDINATOR
Trustee or director
0$0
PAUL COLWELLDIRECTOR
Trustee or director
0$0
TARA PETERSDIRECTOR
Trustee or director
0$0
STEPHANIE REYNADIRECTOR
Trustee or director
0$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensation
JULIE FARRARVICE PRESIDENT
Officer
0$80,000
MICHAEL STRENGTHPRESIDENT
Trustee or director, Officer, Key employee
40$73,500
SHANNA DUNNCOO
Officer
0$65,000
ROSEMARY TROJACEKMARKETING
Trustee or director
0$30,000
JORDAN MOLINADIRECTOR
Trustee or director
0$0
BOB LYNNDIRECTOR
Trustee or director
0$0
REBECCA LOCKRIDGEDIRECTOR
Trustee or director
0$0
AMI TRULLDIRECTOR
Trustee or director
0$0
RYAN PITTSDIRECTOR
Trustee or director
0$0
WAUNDREA PAYNEDIRECTOR
Trustee or director
0$0
RICK BOWLESDIRECTOR
Trustee or director
0$0
KATHY AULSONDIRECTOR
Trustee or director
0$0
ROBBY KINSALADIRECTOR
Trustee or director
0$0
ALBERT LAWRENCEDIRECTOR
Trustee or director
0$0
JAY CRUZANDIRECTOR
Trustee or director
0$0
LINDSAY BRUTONDIRECTOR
Trustee or director
0$0

Address and contacts

Address (IRS master file)
412 S ROGERS ST, WAXAHACHIE, TX 75165-3652
In care of
% MICHAEL STRENGTH
Principal officer (990 for 2024)
MICHAEL STRENGTH, 102 YMCA DR, WAXAHACHIE, TX 75165
Signed the 990
MICHAEL STRENGTH, PRESIDENT
Phone
(972) 935-0539
Return prepared by
Mary Button CPA PLLC

Mission

THE CHAMBER IS COMPRISED OF A NETWORK OF BUSINESS CIVIC AND COMMUNITY LEADERS WITH THE GOAL OF CONTIBUTING TO THE COMMUNITY TO HELP BUSINESS AND THE COMMUNITY TO THRIVE

990 for the year ended December 31, 2024

Program accomplishments

  • COMMUNITY AND ECONOMIC DEVELOPMENT: THE CHAMBER WELCOMED OVER 50 NEW MEMBER BUSINESSES AND CONDUCTED MULTIPLE RIBBON-CUTTING CEREMONIES TO CELEBRATE NEW OPENINGS. THESE ACTIVITIES PROMOTED LOCAL ENTREPRENEURSHIP AND INCREASED COMMUNITY AWARENESS OF NEW BUSINESS SERVICES AND RESOURCES ADDITIONALLY, THROUGH PARTICIPATION IN LEADERSHIP ELLIS COUNTYA COUNTY-WIDE LEADERSHIP PROGRAM OVERSEEN BY THE WAXAHACHIE CHAMBER THAT BRINGS TOGETHER LEADERS FROM MULTIPLE CITIESWE EXPANDED REGIONAL COLLABORATION AND STRENGTHENED PARTNERSHIPS AIMED AT IMPROVING AND ENHANCING OUR COMMUNITIES
    Expenses $412,280
  • EDUCATION: LAUNCHED A NONPROFIT EDUCATIONAL SERIES DESIGNED TO EQUIP LOCAL NONPROFIT ORGANIZATIONS WITH TRAINING ACROSS A VARIETY OF SUBJECTS ESSENTIAL TO THEIR SUCCESS. HOSTED A GEORGIA-PACIFIC EDUCATIONAL SERIES COVERING A RANGE OF BUSINESS TOPICS FOR COMMUNITY MEMBERS AND EMPLOYERS. HELD OUR FIRST MORNING BREW EVENT, CREATING AN OPPORTUNITY FOR LOCAL OFFICIALS AND COMMUNITY MEMBERS TO CONNECT, ENGAGE, AND DISCUSS KEY ISSUES
    Expenses $20,236

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
75-0641430
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1959
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,135,540
Income (IRS master file)
$1,834,755

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,595,571$532,079$1,135,540XML
990December 2023$630,397$601,098$269,403XML
990December 2022$635,936$579,699$229,715IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 75-0641430).

Questions about WAXAHACHIE CHAMBER OF COMMERCE

What is the EIN of WAXAHACHIE CHAMBER OF COMMERCE?
The employer identification number (EIN) of WAXAHACHIE CHAMBER OF COMMERCE is 75-0641430.
Is WAXAHACHIE CHAMBER OF COMMERCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1959.
Are donations to WAXAHACHIE CHAMBER OF COMMERCE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does WAXAHACHIE 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 WAXAHACHIE 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 WAXAHACHIE 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 WAXAHACHIE CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 names MICHAEL STRENGTH.
Who are the officers and directors of WAXAHACHIE CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 lists 20 people; 4 received compensation from the organization, the highest $122,499 (MICHAEL STRENGTH, PRESIDENT).
How much revenue does WAXAHACHIE CHAMBER OF COMMERCE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,595,571, expenses of $532,079 and total assets of $1,135,540 at year end.

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