THE LONGVIEW CHAMBER OF COMMERCE

EIN: 750400490

LONGVIEW, TX

Total Revenue
$1,020,328
Total Expenses
$987,027
Total Assets
$1,185,747
Net Assets
$781,011
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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
1942
Legal Domicile
TX
Principal Officer
KELLY HALL
Phone
9032374000
Tax Period
2024-01-01 to 2024-12-31

THE LONGVIEW CHAMBER OF COMMERCE, founded in 1942, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2024. Expenses of $987K left a modest 3% surplus.

Mission

TO ENHANCE ECONOMIC GROWTH OF THE LONGVIEW, TEXAS TRADE AREA BY FOCUSING ON EDUCATION, PROMOTION, AND DEVELOPMENT OF THE BUSINESS 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 $376,658
Program Service Revenue $504,789
Investment Income $2,181
Other Revenue $136,700
TOTAL REVENUE $1,020,328

Expense Breakdown

Grants Paid $0
Salaries & Benefits $465,341
Fundraising Expenses $0
Other Expenses $521,686
TOTAL EXPENSES $987,027

Year-over-Year Comparison

2024 2023 Change
Revenue $1,020,328 $1,065,834 0.0%
Expenses $987,027 $1,023,435 0.0%
Net Income $33,301 $42,399 -0.2%
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
16
Independent Members
16
Employees
8
Volunteers
164

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
$141,821
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KELLY HALL PRESIDENT 50.00
Officer
$141,821 $0 $141,821
CASEY BEDDINGFIELD DIRECTOR N/A
Director
$0 $0 $0
ANDREW COGGINS DIRECTOR N/A
Director
$0 $0 $0
BRIAN DAUGBJERG CHAIR OF FIN N/A
Officer Director
$0 $0 $0
ADRIENNE DEASON DIRECTOR N/A
Director
$0 $0 $0
DON DEEM DIRECTOR N/A
Director
$0 $0 $0
ANDY HILL VICE CHAIR N/A
Officer Director
$0 $0 $0
LORI IVEY CHAIRMAN N/A
Officer Director
$0 $0 $0
MICHAEL CLEMENTS JR DIRECTOR N/A
Director
$0 $0 $0
JESSICA LARUE PAST CHAIRMA N/A
Officer Director
$0 $0 $0
STEVE MASON DIRECTOR N/A
Director
$0 $0 $0
NISHIL PATEL DIRECTOR N/A
Director
$0 $0 $0
MARK ROBINSON VICE CHAIR N/A
Officer Director
$0 $0 $0
DANA RUTLAND DIRECTOR N/A
Director
$0 $0 $0
JULIA TUBB DIRECTOR N/A
Director
$0 $0 $0
JENNIFER WARE VICE CHAIR N/A
Officer Director
$0 $0 $0
DOUG WICHMAN CHAIR ELECT N/A
Officer 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 $1,020,328 $987,027 $1,185,747 $33,301
2023 $1,065,834 $1,023,435 $1,172,023 $42,399
2022 $963,776 $964,129 $1,157,413 $-353
2021 $999,719 $946,105 $1,153,813 $53,614
2020 $907,506 $880,071 $1,154,386 $27,435
2019 $1,011,273 $1,051,538 $947,967 $-40,265
2018 $1,017,994 $1,008,404 $1,074,174 $9,590
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