LAPORTE BAYSHORE CHAMBER OF COMMERCE

EIN: 741698943

LA PORTE, TX

Total Revenue
$499,330
Total Expenses
$451,735
Total Assets
$511,827
Net Assets
$507,625
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
TX
Principal Officer
JEFF MARTIN
Phone
2814711123
Tax Period
2024-01-01 to 2024-12-31

LAPORTE BAYSHORE CHAMBER OF COMMERCE, founded in 1981, is a small nonprofit that reported $499K in total revenue in fiscal year 2024. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $452K left a modest 10% surplus.

Mission

PROMPT PUBLIC AWARENESS AND BUSINESS DESIREABILITY OF LAPORTE AND SURROUNDING COMMUNITIES OF THE GALVESTON, TX BAY AREA BY PROIDING PAMPHLETS, LITERATURE, SCHOLARSHIPS AND ORGANIZING FESTIVALS AND COMMUNITY GATHERINGS AND PROVIDE A GATEWAY OF COMMUNICATION BETWEEN BUSINESS AND THE LOCAL MUNICIPALITIES AND SCHOOL SYSTEM.

Program Service Accomplishments

Program 1
Expenses: $167,010 Revenue: $192,700

HOTEL OCCUPANCY TAX FUND IS USED FROM REVENUES COLLECTED BY THE CITY OF LA PORTE TO PROMOTE ADVERTISING AND COMMERCE IN THE CITY OF LA PORTE.

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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 $169,383
Program Service Revenue $206,259
Investment Income $14,761
Other Revenue $108,927
TOTAL REVENUE $499,330

Expense Breakdown

Grants Paid $25,500
Salaries & Benefits $261,174
Fundraising Expenses $44,615
Program Expenses $167,010
Other Expenses $165,061
TOTAL EXPENSES $451,735

Year-over-Year Comparison

2024 2023 Change
Revenue $499,330 $867,200 -0.4%
Expenses $451,735 $787,241 -0.4%
Net Income $47,595 $79,959 -0.4%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
23
Independent Members
23
Employees
3
Volunteers
150

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
8
$134,245
Total Directors
23
$134,245
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF MARTIN President 40.00
Officer Director
$134,245 $0 $134,245
AUSTIN LLOYD Director 4.00
Officer Director
$0 $0 $0
BOB BRADSHAW Director 4.00
Officer Director
$0 $0 $0
MARK BOOKMYER Director 4.00
Director
$0 $0 $0
PRESTON BEARDEN Chairman 4.00
Officer Director
$0 $0 $0
AMANADA DEALEJANDRO Executive Dir. 4.00
Officer Director
$0 $0 $0
ANGELA THATCHER Executive Dir. 4.00
Officer Director
$0 $0 $0
MICHELLE THOMAS Executive Dir. 4.00
Officer Director
$0 $0 $0
SCOTT HALBROOKS Director 4.00
Director
$0 $0 $0
BRANDON LUNSFORD Director 4.00
Director
$0 $0 $0
BETH BRADY Director 4.00
Director
$0 $0 $0
SCOTT GERNANDER Director 4.00
Director
$0 $0 $0
SHANNON COTHAM Director 4.00
Director
$0 $0 $0
BRENDA THOMPSON Director 4.00
Director
$0 $0 $0
KELLY GREEN Director 4.00
Director
$0 $0 $0
ALI HAGER Director 4.00
Director
$0 $0 $0
CHAD WARDEN Director 4.00
Director
$0 $0 $0
DAUSHA MOORE-WRIGHT Director 4.00
Director
$0 $0 $0
DERRIN RIDDICK Director 4.00
Director
$0 $0 $0
JAMES PERRIN Director 4.00
Officer Director
$0 $0 $0
LA'JASMINE FITCH Director 4.00
Director
$0 $0 $0
CLINT DUBEC Director 4.00
Director
$0 $0 $0
SHEREE TURNAGE Director 4.00
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 $499,330 $451,735 $511,827 $47,595
2023 $867,200 $787,241 $447,037 $79,959
2022 $818,575 $726,773 $374,254 $91,802
2021 $787,774 $640,894 $291,393 $146,880
2020 $495,074 $438,663 $139,516 $56,411
2019 $577,009 $555,671 $83,781 $21,338
2018 $573,347 $549,527 $61,679 $23,820
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