PASADENA CHAMBER OF COMMERCE

EIN: 741188767

PASADENA, TX

Total Revenue
$1,066,652
Total Expenses
$897,265
Total Assets
$944,523
Net Assets
$719,098
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1953
Legal Domicile
TX
Principal Officer
CRISTINA WOMACK
Phone
2814877871
Tax Period
2024-01-01 to 2024-12-31

PASADENA CHAMBER OF COMMERCE, founded in 1953, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue decreased 20% compared to the prior year. The organization ran a surplus of $169K, a strong 16% operating margin.

Mission

TO PROMOTE ECONOMIC DEVELOPMENT AND COMMUNITY GROWTH TO ENSURE THE PROSPERITY OF PASADENA'S BUSINESSES AND CITIZENS.

Program Service Accomplishments

Program 1
Expenses: $202,177

THE CHAMBER SPONSORS COMMUNITY EVENTS TO BRING BUSINESSES AND CITIZENS TOGETHER TO FURTHER ECONOMIC DEVELOPMENT WITHIN THE CITY OF PASADENA AND THE SURROUNDING AREAS. THESE EVENTS SERVE TO HELP...

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THE CHAMBER SPONSORS COMMUNITY EVENTS TO BRING BUSINESSES AND CITIZENS TOGETHER TO FURTHER ECONOMIC DEVELOPMENT WITHIN THE CITY OF PASADENA AND THE SURROUNDING AREAS. THESE EVENTS SERVE TO HELP COMMERCE IN THE AREA AS WELL AS PROVIDE CONNECTION FOR BUSINESSES TO WORK.

Program 2
Expenses: $10,500

THE CHAMBER PROMOTES EDUCATION AND DEVELOPMENT OF THE WORKFORCE THROUGH DONATIONS TO THE PASADENA EDUCATION FOUNDATION AND PROVISION OF SCHOLARSHIPS.

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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 $539,104
Program Service Revenue $55,000
Investment Income $12,505
Other Revenue $460,043
TOTAL REVENUE $1,066,652

Expense Breakdown

Grants Paid $10,500
Salaries & Benefits $466,212
Fundraising Expenses $0
Program Expenses $212,677
Other Expenses $420,553
TOTAL EXPENSES $897,265

Year-over-Year Comparison

2024 2023 Change
Revenue $1,066,652 $1,332,935 -0.2%
Expenses $897,265 $696,610 +0.3%
Net Income $169,387 $636,325 -0.7%
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
21
Independent Members
21
Employees
6
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
10
$152,040
Total Directors
22
$152,040
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CRISTINA WOMACK PRESIDENT/CEO 40.00
Officer Director
$152,040 $0 $152,040
KICKER CARDENAS CHAIRMAN OF THE BOARD 2.00
Officer Director
$0 $0 $0
EVERETT SMITH CHAIRMAN ELECT 2.00
Officer Director
$0 $0 $0
ALLATIA HARRIS PAST CHAIR 2.00
Officer Director
$0 $0 $0
FRED FLOYD JR FINANCE CHAIR 2.00
Officer Director
$0 $0 $0
OLIVIA RIVERS SECRETARY 2.00
Officer Director
$0 $0 $0
NICK CAVENESS EXECUTIVE DIRECTOR 2.00
Officer Director
$0 $0 $0
HEATHER LAMBERT EXECUTIVE DIRECTOR 2.00
Officer Director
$0 $0 $0
DANNY SCHNAUTZ EXECUTIVE DIRECTOR 2.00
Officer Director
$0 $0 $0
ANDY WOODS EXECUTIVE DIRECTOR 2.00
Officer Director
$0 $0 $0
JOSH CAMPOS BOARD MEMBER 1.00
Director
$0 $0 $0
WHITNEY DAVIS BOARD MEMBER 1.00
Director
$0 $0 $0
LINDSAY SWANAGAN BOARD MEMBER 1.00
Director
$0 $0 $0
TERRY KENNEY BOARD MEMBER 1.00
Director
$0 $0 $0
JOSH PRESSLY BOARD MEMBER 1.00
Director
$0 $0 $0
LATONYA ROSS BOARD MEMBER 1.00
Director
$0 $0 $0
JENNIFER SILVA BOARD MEMBER 1.00
Director
$0 $0 $0
ALLEN BISHOP BOARD MEMBER 1.00
Director
$0 $0 $0
EVELYN HERNANDEZ BOARD MEMBER 1.00
Director
$0 $0 $0
MELISSA MOHAMMED BOARD MEMBER 1.00
Director
$0 $0 $0
JAVIER MORALES BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHEN TERRY BOARD MEMBER 1.00
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
2024 $1,066,652 $897,265 $944,523 $169,387
2023 $1,332,935 $696,610 $781,953 $636,325
2022 $879,587 $1,061,037 $433,996 $-181,450
2021 $698,513 $782,154 $612,047 $-83,641
2020 $736,233 $745,988 $746,202 $-9,755
2019 $510,062 $550,805 $503,177 $-40,743
2018 $551,343 $565,963 $574,154 $-14,620
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