2024-09-04T06:58:14-07:00 2023-12-31 752593210 Sutton Frost Cary LLP 200 E Front St Suite 200 Arlington TX 76011 990 2023-01-01 750428690 MCKINNEY CHAMBER OF COMMERCE MCKI 9725420163 7300 STATE HIGHWAY 121 200A MCKINNEY TX 75070 LISA M HERMES President 2024-09-04 true true Carroll Elizabeth Arnott P01965628 8176498083 2023 2024-08-08 14:25:15Z LISA M HERMES 7300 STATE HIGHWAY 121 200A MCKINNEY TX 75070 1297096 false X WWW.MCKINNEYCHAMBER.COM X 1914 TX TO LEAD, CONNECT AND EMPOWER OUR STAKEHOLDERS TO ADVANCE BUSINESS AND COMMUNITY EXCELLENCE. 15 15 10 50 90344 907198 704244 410040 416766 -4056 16242 106387 105590 1419569 1242842 0 0 703553 700776 0 0 711416 702581 1414969 1403357 4600 -160515 1922518 1726002 901138 865137 1021380 860865 TO LEAD, CONNECT AND EMPOWER OUR STAKEHOLDERS TO ADVANCE BUSINESS AND COMMUNITY EXCELLENCE. false false PROMOTE TOURISM, BUSINESS RETENTION AND EXPANSION, NETWORKING AND LEADERSHIP DEVELOPMENT. false true false true false false false false false true false false true true true false true false false false false false false true false false false false true false false false false false false false false false false false true false false true 47 0 true 10 true true true false false false false false false false X 15 15 false false false false false true false true true false false true true true true true true false true true false X LINDA IMAI-DIXON 9725420163 7300 STATE HIGHWAY 121 200A MCKINNEY TX 75070 LISA M HERMES President 40.00 0.00 X 146059 0 33509 LINDA IMAI-DIXON FIN/ADM DIR 40.00 0.00 X 102919 0 11826 KATHERINE BLANK Vice President 40.00 0.00 X 19581 0 95 NATE PIKE IMM PAST CHAIR 1.00 0.00 X X 0 0 0 JUDSON DUNCAN Director 1.00 0.00 X 0 0 0 MARVIN MCHELLON Director 1.00 0.00 X 0 0 0 JAMES CRAIG Chairman 1.00 0.00 X X 0 0 0 WHITNEY NASH Director 1.00 0.00 X 0 0 0 JOCELYN WILLIAMS Director 1.00 0.00 X 0 0 0 SCOTT WOODRUFF Director 1.00 0.00 X 0 0 0 LISA HAMMETT Director 1.00 0.00 X 0 0 0 MARI MCGOWAN Director 1.00 0.00 X 0 0 0 JOE RICCARDI Director 1.00 0.00 X 0 0 0 MELISSA SIMMONS Director 1.00 0.00 X 0 0 0 DONNA WOOD CHAIR ELECT 1.00 0.00 X X 0 0 0 PEGGY ELLIS Director 1.00 0.00 X 0 0 0 HAROLD MCLEOD Treasurer 1.00 0.00 X X 0 0 0 DON MCKNEELY Director 1.00 0.00 X 0 0 0 268559 45430 2 false true false 0 702865 1379 704244 ADVERTISING 511120 90344 90344 ADVOCACY PROGRAM 561499 8846 8846 COMMUNITY DEVELOPMENT 561499 166516 166516 membership services 561499 151060 151060 416766 17534 17534 0 0 0 1292 -1292 -1292 -1292 157988 52962 105026 105026 0 0 OTHER INCOME 561499 564 564 564 1242842 326986 90344 121268 0 0 0 0 313989 0 308611 955 29065 48156 0 620 18000 0 0 0 2346 0 9184 16799 0 91618 0 0 0 0 0 19108 3645 membership activities 172002 COMMUNITY DEVELOPMENT 112929 OTHER 92752 PUBLISHING EXPENSES 74147 89431 1403357 0 0 0 335995 349918 501904 507639 0 15622 3325 0 0 0 0 164219 0 184910 37674 93630 147236 0 0 0 0 811148 717884 1922518 1726002 80757 80259 5800 11175 814581 773703 901138 865137 X 731065 570550 290315 290315 1021380 860865 1922518 1726002 -160515 X false true X true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false 702865 32000 32000 70287 184910 37674 147236 147236 RIGHT OF USE ASSET 679047 SECURITY DEPOSIT 38837 717884 DUE TO OTHERS 10581 OPERATING LEASE LIABILITY 763122 773703 X Part X : FIN48 Footnote The Chamber of Commerce is exempt from federal income tax under the provision of Section 501(c)(6) of the Internal Revenue Code (IRC), except to the extent it has unrelated business income. The CIVBIC is a nonprofit, publicly supported organization, as defined in Section 501(c)(4) of the IRC, that is exempt from federal income taxes on related income under Section 501(a) of the IRC. The Foundation is exempt from federal income taxes under Section 501(a) of the IRC as foundations described in IRC Section 501(c)(3), except to the extent it has unrelated business income. The Chamber and its affiliates did not have any taxable unrelated business income during the year ended December 31, 2023.GAAP requires the evaluation of tax positions taken in the course of preparing the Chambers tax returns and recognition of a tax liability (or asset) if the Chamber has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service.Management has analyzed the tax positions taken by the Chamber, and has concluded that as of December 31, 2023, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the combined financial statements. false GOLF 111063 111063 42179 STATE OF THE CITY 46925 46925 10783 157988 157988 52962 52962 105026 false false false LISA M HERMES President 135459 10000 600 6230 27279 179568 Form 990, Part VI, Section B, Line 11b THE AUDIT COMMITTEE MEETS AND REVIEWS THE FORM 990 WITH THE BOARD OF DIRECTORS AND THE AUDITOR. Form 990, Part VI, Section B, Line 12c AT THE ANNUAL BOARD RETREAT, DIRECTORS ARE GIVEN COPIES OF THE CONFLICT OF INTEREST POLICY, ANTI-TRUST STATEMENT, AND ETHICS POLICIES TO REVIEW. THE BOARD MEMBERS ARE ASKED TO SIGN A STATEMENT THAT THEY HAVE READ THE POLICIES AND TO LIST ANY CONFLICTS. ANY CONFLICTS WOULD BE REVIEWED BY THE MANAGEMENT COMMITTEE. Form 990, Part VI, Section B, Line 15b THE PRESIDENT AND THE MANAGEMENT COMMITTEE REVIEWS THE COMPENSATION LEVELS AND ANY CHANGES FOR ALL EMPLOYEES. Form 990, Part VI, Section C, Line 19 UPON REQUEST INTERESTED PARTIES MAY VISIT THE CHAMBER OFFICE DURING REGULAR BUSINESS HOURS TO INSPECT GOVERNING DOCUMENTS AND TAX RETURNS, INCLUDING FORM 990. MCKINNEY CHAMBER FOUNDATION INC 7300 STATE HIGHWAY 121 200A MCKINNEY TX 75070 208285256 GRANTS TX 501(C)(3) LINE 7 N/A false false false false false false false false false false false false false false true true false false false false