Nonprofit · EIN 47-2723703
MONTGOMERY AREA CHAMBER OF COMMERCE
Tax-exempt · CONROE, TX 77301
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $35,514 | $25,718 | $9,796 | $134 | – | $134 |
| December 31, 2023 | 990 | $79,463 | $159,883 | -$80,420 | $41,048 | $710 | $40,338 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $30,525
- Program service revenue
- $300
- Investment income
- $377
- Net income from fundraising events
- $3,347
- Other revenue
- $965
Expenses
- Compensation of officers, directors and key employees
- $16,375
- Salaries, compensation and benefits (total)
- $17,750
- Other expenses
- $7,968
Balance sheet and other
- Total assets, start of year
- $41,048
- Total assets, end of year
- $134
- Total liabilities, end of year
- –
- Net assets, end of year
- $134
- Cash, savings and investments
- $134
- Gross receipts
- $38,027
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Shannan Reid | Executive Dir. | 40 | $9,625 |
| Riley Borchgardt | Marketing & Operations Specialist | 40 | $6,750 |
| Brent Stokes | Chairman | 5 | $0 |
| Kati Krouse | Chairman | 0 | $0 |
| Daniel Wolfson | Director | 0 | $0 |
| Sarah Ables | Chairman | 0 | $0 |
| Kym Harris | Director | 0 | $0 |
| Jaime Tate | Director | 0 | $0 |
| Jared Moore | Director | 0 | $0 |
| Leigh Gilland | Director | 0 | $0 |
| Steve Hari | Director | 0 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Shannan Reid | Executive Dir. Officer | 40 | $57,750 |
| Riley Borchgardt | Marketing & Operations Specialist | 40 | $41,041 |
| Sheri McBride | Chairman Trustee or director | 5 | $0 |
| Brent Stokes | Chairman Trustee or director | 0 | $0 |
| Kati Krouse | Chairman Trustee or director | 0 | $0 |
| Daniel Wolfson | Director Trustee or director | 0 | $0 |
| Sarah Ables | Director Trustee or director | 0 | $0 |
| Kym Harris | Director Trustee or director | 0 | $0 |
| Jaime Tate | Director Trustee or director | 0 | $0 |
| Jared Moore | Director Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 505 W DAVIS ST, CONROE, TX 77301-2872
- Signed the 990-EZ
- Shannan Reid, Executive Director
- Phone
- (936) 597-5004
- Return prepared by
- Ninke Tax & Financial Solutions LLC
Mission
The Chamber is focused on economic development for business attraction, retention and expansion in Montgomery community.
Program accomplishments
- The Chamber brought together the community in it's events and highlighted existing businesses.
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 47-2723703
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2015
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $134
- Income (IRS master file)
- $38,027
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $35,514 | $25,718 | $134 | XML |
| 990 | December 2023 | $79,463 | $159,883 | $41,048 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 47-2723703).
Questions about MONTGOMERY AREA CHAMBER OF COMMERCE
- What is the EIN of MONTGOMERY AREA CHAMBER OF COMMERCE?
- The employer identification number (EIN) of MONTGOMERY AREA CHAMBER OF COMMERCE is 47-2723703.
- Is MONTGOMERY AREA CHAMBER OF COMMERCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2015.
- Are donations to MONTGOMERY AREA CHAMBER OF COMMERCE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does MONTGOMERY AREA CHAMBER OF COMMERCE file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of MONTGOMERY AREA CHAMBER OF COMMERCE 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 MONTGOMERY AREA CHAMBER OF COMMERCE last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of MONTGOMERY AREA CHAMBER OF COMMERCE?
- The 990-EZ for the year ended December 31, 2024 lists 11 people; 2 received compensation from the organization, the highest $9,625 (Shannan Reid, Executive Dir.).
- How much revenue does MONTGOMERY AREA CHAMBER OF COMMERCE have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $35,514, expenses of $25,718 and total assets of $134 at year end.
Other nonprofits in CONROE
- NEEDHAM FIRE RESCUE COMPANY EIN 27-4573801 · last filed 990 for 2025
- NEW KINGS COLONY PROPERTY OWNERS ASSOCIATION INC EIN 76-0696935 · last filed 990 for 2025
- NORTHCREST RANCH PROPERTY OWNERS ASSOCIATION INC EIN 76-0580449 · last filed 990 for 2024
- CRIGHTON RIDGE HOMEOWNERS ASSOCIATION INC EIN 76-0617290 · last filed 990-EZ for 2025
- MONTGOMERY COUNTY BAR ASSOCIATION EIN 76-0646746 · last filed 990-EZ for 2025
- PETROLEUM ACCOUNTANTS SOCIETY OF HOUSTON EIN 76-0673831 · last filed 990 for 2025
- GREATER HOUSTON KWIK KAR OWNERSASSOCIATION EIN 20-4226671 · last filed 990-N for 2023
- YEMBA HOUSTON INC EIN 82-0725810 · last filed 990-N for 2025
All nonprofits in CONROE · Texas · Community improvement and capacity building