ARLINGTON CHAMBER OF COMMERCE

EIN: 750745859

ARLINGTON, TX

Total Revenue
$2,073,556
Total Expenses
$2,046,732
Total Assets
$1,380,072
Net Assets
$801,574
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1945
Legal Domicile
TX
Principal Officer
MICHAEL JACOBSON
Phone
8172752613
Tax Period
2023-10-01 to 2024-09-30

ARLINGTON CHAMBER OF COMMERCE, founded in 1945, is a community nonprofit that reported $2.1M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

ECONOMIC & BUSINESS DEVELOPMENT

Program Service Accomplishments

Program 1
Expenses: $122,543

ECONOMIC DEVELOPMENT-TO STIMULATE A SUSTAINABLE ECONOMY IN ARLINGTON AND THE SURROUNDING REGION THROUGH TARGETING INDUSTRY CLUSTER RECRUITMENT, RETENTION AND EXPANSION, BUILDING THE REGION'S IMAGE...

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ECONOMIC DEVELOPMENT-TO STIMULATE A SUSTAINABLE ECONOMY IN ARLINGTON AND THE SURROUNDING REGION THROUGH TARGETING INDUSTRY CLUSTER RECRUITMENT, RETENTION AND EXPANSION, BUILDING THE REGION'S IMAGE AND BRAND RECOGNITION AND ENHANCING THE ECONOMIC CLIMATE TO ESTABLISH THE REGION'S COMPETITIVE POSITIONS.

Program 2
Expenses: $424,409

SMALL BUSINESS DEVELOPMENT-PROVIDE OPPORTUNITIES TO THE SMALL BUSINESSES OF ARLINGTON AND THE SURROUNDING REGION TO EXPAND AND REACH THEIR FULL ECONOMIC POTENTIAL THROUGH ACCESS TO CAPITAL, CUSTOMERS...

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SMALL BUSINESS DEVELOPMENT-PROVIDE OPPORTUNITIES TO THE SMALL BUSINESSES OF ARLINGTON AND THE SURROUNDING REGION TO EXPAND AND REACH THEIR FULL ECONOMIC POTENTIAL THROUGH ACCESS TO CAPITAL, CUSTOMERS AND INFORMATION AND TRAINING.

Program 3
Expenses: $102,785

EDUCATION AND WORKFORCE DEVELOPMENT-TO TRANSFORM OUR REGION'S WORKFORCE, DEVELOPING EFFECTIVE, EMPLOYER-LED EDUCATION AND WORKFORCE DEVELOPMENT SYSTEMS, FOCUSED ON EDUCATIONAL ATTAINMENT, RESPONSIVE...

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EDUCATION AND WORKFORCE DEVELOPMENT-TO TRANSFORM OUR REGION'S WORKFORCE, DEVELOPING EFFECTIVE, EMPLOYER-LED EDUCATION AND WORKFORCE DEVELOPMENT SYSTEMS, FOCUSED ON EDUCATIONAL ATTAINMENT, RESPONSIVE TO OUR RAPIDLY CHANGING ECONOMY, IN ALIGNMENT WITH OUR PRIMARY CLUSTERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,011,663
Investment Income $0
Other Revenue $61,893
TOTAL REVENUE $2,073,556

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,066,808
Fundraising Expenses $0
Program Expenses $1,767,406
Other Expenses $979,924
TOTAL EXPENSES $2,046,732

Year-over-Year Comparison

2023 2022 Change
Revenue $2,073,556 $1,859,961 +0.1%
Expenses $2,046,732 $1,932,791 +0.1%
Net Income $26,824 $-72,830 -1.4%
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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Governance

Voting Members
62
Independent Members
62
Employees
10
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
6
$280,876
Total Directors
65
$280,876
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL JACOBSON CEO 40.00
Officer Director
$252,365 $28,511 $280,876
GERALD B ALLEY DIRECTOR 1.00
Director
$0 $0 $0
KENYON GODWIN PAST CHAIR 1.00
Officer Director
$0 $0 $0
ROBYN BARRERE DIRECTOR 1.00
Director
$0 $0 $0
CHAD BATES DIRECTOR 1.00
Director
$0 $0 $0
MIKE GERRO CHAIR 1.00
Officer Director
$0 $0 $0
KELLY CURNUTT CHAIR ELECT 1.00
Officer Director
$0 $0 $0
MARK BRINGHURST DIRECTOR 1.00
Director
$0 $0 $0
KIM CRAWFORD SECRETARY TR 1.00
Officer Director
$0 $0 $0
JIM MAIBACH CPM EXECUTIVE CO 1.00
Officer Director
$0 $0 $0
COREY CALLAWAY DIRECTOR 1.00
Director
$0 $0 $0
CASEY CAMPBELL DIRECTOR 1.00
Director
$0 $0 $0
AMY CEARNAL DIRECTOR 1.00
Director
$0 $0 $0
BILL COPPOLA DIRECTOR 1.00
Director
$0 $0 $0
LINDA DIPERT EXECUTIVE CO 1.00
Director
$0 $0 $0
LARRY FOWLER EXECUTIVE CO 1.00
Director
$0 $0 $0
STEPHEN CUMMINGS DIRECTOR 1.00
Director
$0 $0 $0
TERRY GAINES EXECUTIVE CO 1.00
Director
$0 $0 $0
CARMENZA MORENO EXECUTIVE CO 1.00
Director
$0 $0 $0
DAVID SARGENT EXECUTIVE CO 1.00
Director
$0 $0 $0
GEORGE ZANG EXECUTIVE CO 1.00
Director
$0 $0 $0
JONI WILSON 2ND CHAIR EL 1.00
Director
$0 $0 $0
JAMIL AHMEND DIRECTOR 1.00
Director
$0 $0 $0
PAUL BRODIE DIRECTOR 1.00
Director
$0 $0 $0
CHRIS CARROLL DIRECTOR 1.00
Director
$0 $0 $0
TOM CURRIE DIRECTOR 1.00
Director
$0 $0 $0
DOUG DAWSON DIRECTOR 1.00
Director
$0 $0 $0
DIXON HOLMAN DIRECTOR 1.00
Director
$0 $0 $0
CLAY KELLEY EXECUTIVE CO 1.00
Director
$0 $0 $0
AZIZ KOBTY DIRECTOR 1.00
Director
$0 $0 $0
BLAKE KRETZ DIRECTOR 1.00
Director
$0 $0 $0
TOM READ DIRECTOR 1.00
Director
$0 $0 $0
VALARIE LANDRY EXECUTIVE CO 1.00
Director
$0 $0 $0
LORIE LISIUS DIRECTOR 1.00
Director
$0 $0 $0
CLEM MADDOX DIRECTOR 1.00
Director
$0 $0 $0
MAUREEN MAIDLOW DIRECTOR 1.00
Director
$0 $0 $0
KEN MATTNER DIRECTOR 1.00
Director
$0 $0 $0
ROB MATWICK DIRECTOR 1.00
Director
$0 $0 $0
TOM MCCARTY DIRECTOR 1.00
Director
$0 $0 $0
KENYA MOBLEY DIRECTOR 1.00
Director
$0 $0 $0
TONY PRUITT DIRECTOR 1.00
Director
$0 $0 $0
RANDAL ROSE DIRECTOR 1.00
Director
$0 $0 $0
ROBERT P SHEPARD DIRECTOR 1.00
Director
$0 $0 $0
JACOB SUMPTER DIRECTOR 1.00
Director
$0 $0 $0
SANDEE TREPTOW DIRECTOR 1.00
Director
$0 $0 $0
ROBIN VAN WERKHOVEN DIRECTOR 1.00
Director
$0 $0 $0
EARL WALKER DIRECTOR 1.00
Director
$0 $0 $0
JIM WATRY DIRECTOR 1.00
Director
$0 $0 $0
JEFF WILLIAMS DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER COWLEY EXECUTIVE CO 1.00
Director
$0 $0 $0
DON DUKE DIRECTOR 1.00
Director
$0 $0 $0
GREG BIBB DIRECTOR 1.00
Director
$0 $0 $0
SHARN BARABARIN DIRECTOR 1.00
Director
$0 $0 $0
BETH OWENS EXECUTIVE CO 1.00
Director
$0 $0 $0
JOHN AVILA DIRECTOR 1.00
Director
$0 $0 $0
ALLAN BECK DIRECTOR 1.00
Director
$0 $0 $0
CHARLES BRADY DIRECTOR 1.00
Director
$0 $0 $0
LINDA CARAM DIRECTOR 1.00
Director
$0 $0 $0
VICTORIA FARRAR-MYERS DIRECTOR 1.00
Director
$0 $0 $0
AL HERNANDEZ DIRECTOR 1.00
Director
$0 $0 $0
SAM MAHROUQ DIRECTOR 1.00
Director
$0 $0 $0
ESTHER SCOTT DIRECTOR 1.00
Director
$0 $0 $0
YAMAN SUBEI DIRECTOR 1.00
Director
$0 $0 $0
MATT SMITTH DIRECTOR 1.00
Director
$0 $0 $0
MARTY WIEDER DIRECTOR 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 $2,073,556 $2,046,732 $1,380,072 $26,824
2023 $1,859,961 $1,932,791 $1,447,291 $-72,830
2022 $1,688,645 $1,815,905 $1,493,475 $-127,260
2021 $1,506,844 $1,359,945 $1,989,102 $146,899
2020 $1,464,152 $1,409,003 $1,816,650 $55,149
2019 $1,776,111 $1,672,930 $1,733,355 $103,181
2018 $1,830,467 $1,520,452 $1,620,808 $310,015
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