Northeast Tarrant County Chamber of Commerce Inc

EIN: 751094584

Haltom City, TX

Total Revenue
$480,403
Total Expenses
$509,242
Total Assets
$195,517
Net Assets
$53,609
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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
Jack Bradshaw
Phone
8172819376
Tax Period
2024-01-01 to 2024-12-31

Northeast Tarrant County Chamber of Commerce Inc, founded in 1953, is a small nonprofit that reported $480K in total revenue in fiscal year 2024.

Mission

Community, economic and civic development

Program Service Accomplishments

Program 1
Expenses: $51,092 Revenue: $83,590

Community Development - Present a free Family 4th Fireworks show sponsored by Chamber member businesses for the communities served (30,000 attendees.)Chamber website publicizes local school and...

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Community Development - Present a free Family 4th Fireworks show sponsored by Chamber member businesses for the communities served (30,000 attendees.)Chamber website publicizes local school and charitable events.Vital Link is an education/business partnership where 120 8th grade students are invited to work in 120 area businesses. This program gives students first-hand experience in the business world. Scholarships are given to area students.Home Town Heroes banquet is held each year to acknowledge and show appreciation to 30-40 community volunteers and outstanding citizens.Dynamic Womens Alliance-Promotes networking of women in business.

Program 2
Expenses: $20,185 Revenue: $27,489

Business Development - Monthly member luncheons, bi-monthly business breakfasts, ribbon-cuttings, PowerNET speed leads, weekly leads groups and monthly after-hours mixers encourage business...

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Business Development - Monthly member luncheons, bi-monthly business breakfasts, ribbon-cuttings, PowerNET speed leads, weekly leads groups and monthly after-hours mixers encourage business networking and connections in the community. Luncheons average 150 attendees. Member directories, newsletters, website and area business maps are distributed to all of the almost 1,000 members. Includes Non Exempt income from communications advertising.

Program 3
Expenses: $28,147 Revenue: $55,498

Membership Development - The Diplomat program meets monthly to discuss ways to increase Chamber membership among businesses in the community. New member orientations are held each month prior to the...

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Membership Development - The Diplomat program meets monthly to discuss ways to increase Chamber membership among businesses in the community. New member orientations are held each month prior to the luncheon. Annual member appreciation day is held in conjunction with the distribution of member directories and the year is concluded with the annual Awards Banquet to recognize the accomplishments of members, businesses and volunteers.

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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 $276,271
Program Service Revenue $167,698
Investment Income $12
Other Revenue $36,422
TOTAL REVENUE $480,403

Expense Breakdown

Grants Paid $18,994
Salaries & Benefits $212,129
Fundraising Expenses $53,838
Program Expenses $99,424
Other Expenses $256,380
TOTAL EXPENSES $509,242

Year-over-Year Comparison

2024 2023 Change
Revenue $480,403 $453,997 +0.1%
Expenses $509,242 $453,511 +0.1%
Net Income $-28,839 $486 -60.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
27
Independent Members
26
Employees
4
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
9
$210,000
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Troy Dunn Incoming Chairman 1.00
Officer Director
$0 $0 $0
Jim Meehan Past-Chairman 0.50
Officer Director
$0 $0 $0
Audra Collins Chairwoman 0.50
Officer Director
$0 $0 $0
Eric Herron VC Membership 0.50
Officer Director
$0 $0 $0
Josh Stogsdill VC Economic Development 0.50
Officer Director
$0 $0 $0
Abel Moreno VC Commun Development 0.50
Officer Director
$0 $0 $0
Marcia Etie Secretary 0.50
Officer Director
$0 $0 $0
Darlisa Diltz VC Events 0.50
Officer Director
$0 $0 $0
Michelle Petrie Director 0.50
Director
$0 $0 $0
Bryan Downer Director 0.50
Director
$0 $0 $0
Tracy Archer Director 0.50
Director
$0 $0 $0
Scott Baumbach Director 0.50
Director
$0 $0 $0
Nicole Adams Director 0.50
Director
$0 $0 $0
Linda Boswell Director 0.50
Director
$0 $0 $0
Mike Crow Director 0.50
Director
$0 $0 $0
Jeanelle Davis Director 0.50
Director
$0 $0 $0
Joshua Fichter Director 0.50
Director
$0 $0 $0
Greg Gideon Director 0.50
Director
$0 $0 $0
Dennis Serratt Director 0.50
Director
$0 $0 $0
Kaitlyn McDonald Director 0.50
Director
$0 $0 $0
Jack Bradshaw President & CEO 40.00
Officer
$105,000 $105,000 $210,000
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 No data No data No data No data
2024 $480,403 $509,242 $195,517 $-28,839
2023 $453,997 $453,511 $229,731 $486
2022 $422,776 $407,541 $234,549 $15,235
2021 $367,253 $362,895 $218,615 $4,358
2020 $242,783 $272,567 $217,233 $-29,784
2019 $390,606 $378,600 $93,374 $12,006
2018 $430,471 $410,514 $80,633 $19,957
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