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Nonprofit · EIN 54-2085214

ARLINGTON CHAMBER OF COMMERCE FOUNDATION INC

Tax-exempt · ARLINGTON, TX 76010

Financials

$23K$38K2022$20K$46K2023$586$02024
Revenue Expenses · by fiscal year end
Financials of ARLINGTON CHAMBER OF COMMERCE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$586$0$586$55,707$41,363$14,344
September 30, 2024990$20,048$45,500-$25,452$60,488$0$60,488
September 30, 2023990$23,426$37,861-$14,435$85,940$0$85,940
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$586
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0

Balance sheet and other

Total assets, start of year
$60,488
Total assets, end of year
$55,707
Total liabilities, end of year
$41,363
Net assets, end of year
$14,344
Net assets without donor restrictions
$14,344
Gross receipts
$586
Employees
0
Year formed
2003
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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHAEL JACOBSONPRESIDENT/CE
Trustee or director, Officer
40$0$243,489$36,462
JIM MAIBACHCHAIR
Trustee or director, Officer
1$0$0$0
DON DUKECHAIR ELECT
Trustee or director, Officer
1$0$0$0
TERRY GAINESTREASURER
Trustee or director, Officer
1$0$0$0
CINDY SALTERDIRECTOR
Trustee or director
1$0$0$0
DARLA PEZNELLDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended September 30, 2024: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHAEL JACOBSONPRESIDENT/CE
Trustee or director, Officer
40$0$252,365$28,511
DON DUKECHAIRMAN
Trustee or director
1$0$0$0
TERRY GAINESTREASURER
Trustee or director
1$0$0$0
DARLA PEZNELLDIRECTOR
Trustee or director
1$0$0$0
JIM MAIBACHDIRECTOR
Trustee or director
1$0$0$0
CINDY SALTERDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended September 30, 2023: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHAEL JACOBSONPRESIDENT/CE
Trustee or director, Officer
20$0$253,920$41,654
DON DUKEDIRECTOR
Trustee or director
1$0$0$0
TERRY GAINESDIRECTOR
Trustee or director
1$0$0$0
DARLA PEZNELLDIRECTOR
Trustee or director
1$0$0$0
JONI WILSONCHAIR
Trustee or director, Officer
1$0$0$0
CINDY SALTERDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
505 E BORDER ST, ARLINGTON, TX 76010-7402
In care of
% WES JUREY
Principal officer (990 for 2024)
MICHAEL JACOBSON, 505 EAST BORDER, ARLINGTON, TX 76010
Signed the 990
MICHAEL JACOBSON, PRESIDENT/CEO
Phone
(817) 275-2613
Return prepared by
RHODES OSIEK PATYK & COMPANY LLP

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 DEVELOPMENT AND URBAN LAND USE AND TO PROVIDE EDUCATION TO THE PUBLIC ABOUT LOCAL GOVERNMENT.

990 for the year ended September 30, 2025

Program accomplishments

  • SUPPORTING ORGANIZATION OF THE ARLINGTON CHAMBER-MAKES GRANTS TO THE ARLINGTON CHAMBER OF COMMERCE AND OTHER LOCAL ORGANIZATIONS TO FUND ECONOMIC DEVELOPMENT AND COMMUNITY DEVELOPMENT 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.

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
54-2085214
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
2003
Accounting year ends
September
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$55,707
Income (IRS master file)
$586

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$586$0$55,707XML
990September 2024$20,048$45,500$60,488XML
990September 2023$23,426$37,861$85,940XML
990September 2022$55,637$52,325$100,375IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 2018–––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 54-2085214).

Questions about ARLINGTON CHAMBER OF COMMERCE FOUNDATION INC

What is the EIN of ARLINGTON CHAMBER OF COMMERCE FOUNDATION INC?
The employer identification number (EIN) of ARLINGTON CHAMBER OF COMMERCE FOUNDATION INC is 54-2085214.
Is ARLINGTON CHAMBER OF COMMERCE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to ARLINGTON CHAMBER OF COMMERCE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does ARLINGTON CHAMBER OF COMMERCE FOUNDATION INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of ARLINGTON CHAMBER OF COMMERCE FOUNDATION INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ARLINGTON CHAMBER OF COMMERCE FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of ARLINGTON CHAMBER OF COMMERCE FOUNDATION INC?
The 990 for the year ended September 30, 2025 names MICHAEL JACOBSON.
Who are the officers and directors of ARLINGTON CHAMBER OF COMMERCE FOUNDATION INC?
The 990 for the year ended September 30, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does ARLINGTON CHAMBER OF COMMERCE FOUNDATION INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $586, expenses of $0 and total assets of $55,707 at year end.

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