BEAUMONT CHAMBER OF COMMERCE

EIN: 740504300

BEAUMONT, TX

Total Revenue
$1,015,249
Total Expenses
$933,325
Total Assets
$557,147
Net Assets
$158,271
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
TX
Principal Officer
AMY LOVOI
Phone
4098386581
Tax Period
2024-10-01 to 2025-09-30

BEAUMONT CHAMBER OF COMMERCE, founded in 1971, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $933K left a modest 8% surplus.

Mission

TO ADVANCE THE ECONOMIC, INDUSTRIAL, AGRICULTURAL, PROFESSIONAL, CULTURAL, AND CIVIC WELFARE OF THE COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $534,433 Revenue: $565,087

TO ADVANCE THE ECONOMIC, INDUSTRIAL, AGRICULTURAL, PROFESSIONAL, CULTURAL, AND CIVIC WELFARE OF THE COMMUNITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $447,235
Program Service Revenue $565,087
Investment Income $2,927
Other Revenue $0
TOTAL REVENUE $1,015,249

Expense Breakdown

Grants Paid $0
Salaries & Benefits $426,879
Fundraising Expenses $0
Program Expenses $534,433
Other Expenses $506,446
TOTAL EXPENSES $933,325

Year-over-Year Comparison

2024 2023 Change
Revenue $1,015,249 $1,197,866 -0.2%
Expenses $933,325 $1,103,200 -0.2%
Net Income $81,924 $94,666 -0.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
27
Independent Members
27
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$82,500
Total Directors
29
$82,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMY LOVOI PRESIDENT/CE 60.00
Officer Director
$82,500 $0 $82,500
CHELCIE BARNETT DIRECTOR N/A
Director
$0 $0 $0
CODY BIRDWELL DIRECTOR 0.50
Director
$0 $0 $0
BLUE BROUSSARD DIRECTOR 1.00
Director
$0 $0 $0
BLAINE CAILLIER DIRECTOR 0.50
Director
$0 $0 $0
KATIE CELLI DIRECTOR 1.00
Director
$0 $0 $0
KELLY DAVIS DIRECTOR 0.50
Director
$0 $0 $0
JUSTIN DOSS DIRECTOR 0.50
Director
$0 $0 $0
ANDREW EDWARDS DIRECTOR 1.00
Director
$0 $0 $0
CRAIG ESCAMILLA CHAIR 5.00
Officer Director
$0 $0 $0
CHRIS FISHER DIRECTOR 0.50
Director
$0 $0 $0
RON FLETCHER DIRECTOR 0.50
Director
$0 $0 $0
JOEL FOXWORTH DIRECTOR 0.50
Director
$0 $0 $0
NATASHA GARRETT DIRECTOR 0.50
Director
$0 $0 $0
SHAWN JAVED DIRECTOR 0.50
Director
$0 $0 $0
PAYTON KEITH DIRECTOR 1.00
Director
$0 $0 $0
PAUL KOESTER DIRECTOR 0.50
Director
$0 $0 $0
CODY MACE DIRECTOR 0.50
Director
$0 $0 $0
PHIL MATHERNE DIRECTOR 0.50
Director
$0 $0 $0
JOHN MORRELL PAST CHAIR 1.00
Officer Director
$0 $0 $0
KEVIN NECTOUX FINANCE CHAI 3.00
Director
$0 $0 $0
JENNIFER PATE DIRECTOR 0.50
Director
$0 $0 $0
MARY POOLE INTERIM PRES 1.00
Officer Director
$0 $0 $0
LEE POTTER DIRECTOR 0.50
Director
$0 $0 $0
DAYNA SIMMONS VICE CHAIR 3.00
Officer Director
$0 $0 $0
DAVE STEPHENS DIRECTOR 1.00
Director
$0 $0 $0
JAIME TAYLOR DIRECTOR 0.50
Director
$0 $0 $0
APRIL TOLBERT DIRECTOR 0.50
Director
$0 $0 $0
SID VALENTINE DIRECTOR 0.50
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,015,249 $933,325 $557,147 $81,924
2024 $1,197,866 $1,103,200 $466,184 $94,666
2023 $1,042,713 $1,022,512 $314,072 $20,201
2022 $916,618 $954,836 $393,241 $-38,218
2021 $937,430 $812,457 $389,078 $124,973
2020 $900,626 $868,548 $425,978 $32,078
2019 $940,666 $904,688 $281,532 $35,978
2018 $1,079,838 $1,066,459 $260,827 $13,379
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