NonprofitsArlington Chamber Of Commerce Foundation Inc

Community Improvement & Capacity Building

Arlington Chamber Of Commerce Foundation Inc

ARLINGTON, TX

Total revenue

$20K

Total expenses

$46K

Net assets

$60K

Grants received

$29K

4 grants

EIN

542085214

Tax year

2023

Mission

Serve as a supporting organization to the arlington chamber of commerce and to lessen the burdens of the arlington local government with respect to matters of economic develoopment and urban land use and to provide education to the public about local government. Form 990, part vi, line 6 - classes of members or stockholders organized with members form 990, part vi, line 7a - election of members and their rights there is a nomination process every year to elect the board of directos. Members and employees can make recommendations. Form 990, part vi, line 7b - decisions subject to approval of members decisions of the governing body are subject to a vote by the board. Form 990, part vi, line 12c - enforcement of conflicts policy is distributed at year end and the board of directos votes on any changes and they approve the policy, and board members sign an acknowledgemenet.

Programs

2 programs

The arlington chamber of commerce foundation fosters economic and community prosperity in the greater arlington area. To achieve the mission, the foundation raises and renders financial support for community projects, as identified through the arlington chamber's strategic objectives, including education and workforce development, redevelopment and revitalization, community planning, and general well-being initiatives.

Arts & entertainment support-elevates the multi-cultural talent found in arlington; delivers an "open-to-all" free wholesome, family experience; unifies the community through strong partnerships; introduces thousands of visitors to arlington; and generates revenue in a non- traditional travel period of the year for local businesses.

Financials

FY 2023

Revenue

Contributions & grants$19K
Program service revenue
Investment income$848
Other revenue
Total revenue$20K

Expenses

Grants paid$46K
Salaries & benefits
Fundraising
Other expenses
Total expenses$46K
Total assets$60K
Net assets$60K

People

6 listed

NameRoleCompensation

MICHAEL JACOBSON

PRESIDENT/CE

Board

40 hrs/wk

DON DUKE

CHAIRMAN

Board

1 hrs/wk

TERRY GAINES

TREASURER

Board

1 hrs/wk

DARLA PEZNELL

DIRECTOR

Board

1 hrs/wk

JIM MAIBACH

DIRECTOR

Board

1 hrs/wk

CINDY SALTER

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 4 of 4

FromAmountPurposeYear
$7K
AS FOLLOWS: $2,000 FOR WOMENS; AND $5,000 FOR LIVE BY LOWES
2024
$1K
FOR GENERAL PURPOSES
2020

Funded by

$29K from 1 funder · 4 grants · 2020–2024

Community Foundation Of North Texas (Tax

$29K · 4 grants · 2020–2024

Details

EIN542085214
NTEE codeS20
Subsection03
Ruling date2003-08
Formed2003
Employees0
ARLINGTON CHAMBER OF COMMERCE FOUNDATION INC — Mission, Financials & Grants Received | Grantivo