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Nonprofit · EIN 20-2354924

FORT WORTH CHAMBER DEVELOPMENT FOUNDATION

Tax-exempt · FORT WORTH, TX 76102

Financials

$176K$1.4M2023$284K$261K2024
Revenue Expenses · by fiscal year end
Financials of FORT WORTH CHAMBER DEVELOPMENT FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$283,720$261,226$22,494$156,039$2,100$153,939
December 31, 2023990$176,100$1,390,835-$1,214,735$131,445$0$131,445
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$283,720
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$187,126
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$2,100
Program services (functional)
$261,226

Balance sheet and other

Total assets, start of year
$131,445
Total assets, end of year
$156,039
Total liabilities, end of year
$2,100
Net assets, end of year
$153,939
Net assets with donor restrictions
$153,939
Gross receipts
$283,720
Employees
0
Volunteers
20
Year formed
2006
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
STEVE MONTGOMERYCHAMBER PRESIDENT & CEO, P
Trustee or director, Officer
0.5$0$335,333$23,937
PATRICIA STEELMANASSISTANT SEC/TREAS
Key employee
1$0$224,511$17,153
DEE KELLY JRCHAIRMAN/DIRECTOR
Trustee or director
0$0$0$0
BRIAN BARNARDVICE CHAIRMAN/DIRECTOR
Trustee or director
0$0$0$0
ALLYSON BAUMEISTERSEC/TREAS/DIRECTOR
Trustee or director
0$0$0$0
MIKE BERRYDIRECTOR
Trustee or director
0$0$0$0
VERNON BRYANTDIRECTOR
Trustee or director
0$0$0$0
DAVID COOKEDIRECTOR
Trustee or director
0$0$0$0
ALBON HEADDIRECTOR
Trustee or director
0$0$0$0
JEFF KINGDIRECTOR
Trustee or director
0$0$0$0
LONNIE NICHOLSONDIRECTOR
Trustee or director
0$0$0$0
MARTIN NOTODIRECTOR
Trustee or director
0$0$0$0
MARK NURDINDIRECTOR
Trustee or director
0$0$0$0
ROBERT STURNSDIRECTOR
Trustee or director
0$0$0$0
WES TURNERDIRECTOR
Trustee or director
0$0$0$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
BRANDOM GENGELBACHCHAMBER PRESIDENT & CEO, P
Trustee or director, Officer
0.5$0$220,988$24,703
PATRICIA STEELMANASSISTANT SEC/TREAS
Key employee
1$0$215,212$16,602
STEVE MONTGOMERYCHAMBER PRESIDENT & CEO, P
Trustee or director, Officer
0.5$0$125,654$11,290
DEE KELLY JRCHAIRMAN/DIRECTOR
Trustee or director
0$0$0$0
BRIAN BARNARDVICE CHAIRMAN/DIRECTOR
Trustee or director
0$0$0$0
ALLYSON BAUMEISTERSEC/TREAS/DIRECTOR
Trustee or director
0$0$0$0
MIKE BERRYDIRECTOR
Trustee or director
0$0$0$0
VERNON BRYANTDIRECTOR
Trustee or director
0$0$0$0
DAVID COOKEDIRECTOR
Trustee or director
0$0$0$0
ALBON HEADDIRECTOR
Trustee or director
0$0$0$0
JEFF KINGDIRECTOR
Trustee or director
0$0$0$0
LONNIE NICHOLSONDIRECTOR
Trustee or director
0$0$0$0
MARTIN NOTODIRECTOR
Trustee or director
0$0$0$0
MARK NURDINDIRECTOR
Trustee or director
0$0$0$0
ROBERT STURNSDIRECTOR
Trustee or director
0$0$0$0
WES TURNERDIRECTOR
Trustee or director
0$0$0$0

Address and contacts

Address (IRS master file)
777 TAYLOR ST STE 900, FORT WORTH, TX 76102-4997
In care of
% WILLIAM J THORNTON JR
Principal officer (990 for 2024)
STEPHEN MONTGOMERY, 777 TAYLOR STREET SUITE 900, FORT WORTH, TX 761024997
Signed the 990
STEPHEN MONTGOMERY, PRESIDENT & CEO
Phone
(817) 336-2491
Return prepared by
SPROLES WOODARD LLP

Mission

TO SUPPORT AND DEVELOP THE GROWTH OF THE CITY OF FORT WORTH.

990 for the year ended December 31, 2024

Program accomplishments

  • STRATEGIC PLANS FOR BENEFITTING THE CITY OF FORT WORTH.
    Expenses $261,226 · grants $187,126

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-2354924
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
2006
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$156,039
Income (IRS master file)
$283,720

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$176,100$1,390,835$131,445IRS
990December 2022$1,466,301$156,790$1,372,375IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about FORT WORTH CHAMBER DEVELOPMENT FOUNDATION

What is the EIN of FORT WORTH CHAMBER DEVELOPMENT FOUNDATION?
The employer identification number (EIN) of FORT WORTH CHAMBER DEVELOPMENT FOUNDATION is 20-2354924.
Is FORT WORTH CHAMBER DEVELOPMENT FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to FORT WORTH CHAMBER DEVELOPMENT FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does FORT WORTH CHAMBER DEVELOPMENT FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FORT WORTH CHAMBER DEVELOPMENT FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FORT WORTH CHAMBER DEVELOPMENT FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FORT WORTH CHAMBER DEVELOPMENT FOUNDATION?
The 990 for the year ended December 31, 2024 names STEPHEN MONTGOMERY.
Who are the officers and directors of FORT WORTH CHAMBER DEVELOPMENT FOUNDATION?
The 990 for the year ended December 31, 2024 lists 15 people; 0 received compensation from the organization.
How much revenue does FORT WORTH CHAMBER DEVELOPMENT FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $283,720, expenses of $261,226 and total assets of $156,039 at year end.

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