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Nonprofit · EIN 72-0315700

SHREVEPORT CHAMBER OF COMMERCE INC

Tax-exempt · SHREVEPORT, LA 71101

Financials

$2.3M$1.5M2023$2M$1.5M2024
Revenue Expenses · by fiscal year end
Financials of SHREVEPORT CHAMBER OF COMMERCE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,952,109$1,547,054$405,055$8,875,355$337,004$8,538,351
December 31, 2023990$2,323,852$1,532,698$791,154$8,466,652$333,356$8,133,296
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$728,516
of which government grants
$465,689
Program service revenue
$810,386
Investment income
$330,955
Net rental income
$7,589
Other revenue
$82,252

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$183,819
Other salaries and wages
$565,289
Salaries, compensation and benefits (total)
$966,720
Professional fundraising fees
$0
Occupancy
$9,399
Travel
$47,420
Depreciation
$56,895
Program services (functional)
$720,110
Management and general (functional)
$826,944

Balance sheet and other

Total assets, start of year
$8,466,652
Total assets, end of year
$8,875,355
Total liabilities, end of year
$337,004
Net assets, end of year
$8,538,351
Land, buildings and equipment
$2,948,456
Publicly traded securities
$190,581
Net assets without donor restrictions
$8,347,770
Net assets with donor restrictions
$190,581
Gross receipts
$1,952,109
Employees
10
Volunteers
67
Year formed
1910
State of legal domicile
LA

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 / weekCompensationOther / benefits
TIMOTHY J MAGNERPRESIDENT
Trustee or director
40$183,819$14,700
GABRIEL BALDERASMEMBER
Trustee or director
–$0$0
MICHELLE CAVANUAGHVC MARKETING
Trustee or director
–$0$0
MICHAEL CORBINIMMEDIATE PA
Trustee or director
–$0$0
JASON CRAMMEMBER
Trustee or director
–$0$0
BRIAN CRAWFORDVC ECONOMIC
Trustee or director
–$0$0
KEITH EVANSMEMBER
Trustee or director
–$0$0
DR CHRISTOPHER HOLOMANMEMBER
Trustee or director
–$0$0
VERNI HOWARDMEMBER
Trustee or director
–$0$0
CHARLES JOHNSONMEMBER
Trustee or director
–$0$0
JEREMY JOHNSTONMEMBER
Trustee or director
–$0$0
CURTIS JOSEPHMEMBER
Trustee or director
–$0$0
WILLIAM C BRADFORD JRVC PUBLIC PO
Trustee or director
–$0$0
LANCE MILLERVC EDUCATION
Trustee or director
–$0$0
DENNY R MOTONTREASURER
Trustee or director
–$0$0
13 more people on this return
NameTitleHours / weekCompensation
DUSTIN NIEMOELLERMEMBER
Trustee or director
–$0
SACHA PURCIFULMEMBER
Trustee or director
–$0
JIM SHOCKLEYMEMBER
Trustee or director
–$0
TOM SIMMSBOARD CHAIRM
Trustee or director
–$0
DAVID SIMONMEMBER
Trustee or director
–$0
DAVID R SMITHMEMBER
Trustee or director
–$0
JASON D SMITHVC MEMBERSHI
Trustee or director
–$0
MARK SNOWMEMBER
Trustee or director
–$0
VICTOR THOMASMEMBER
Trustee or director
–$0
RILEY WADDELLMEMBER
Trustee or director
–$0
SCOTT WARDCHARIMAN ELE
Trustee or director
–$0
ADAM WESTMEMBER
Trustee or director
–$0
RYAN WILLIAMSMEMBER
Trustee or director
–$0
990 for the year ended December 31, 2023: 28 people
NameTitleHours / weekCompensationOther / benefits
TIMOTHY J MAGNERPRESIDENT
Trustee or director
40$185,500$14,840
DAVID ALEXANDERMEMBER
Trustee or director
–$0$0
GABRIEL BALDERASMEMBER
Trustee or director
–$0$0
LINDA BIERNACKIMEMBER
Trustee or director
–$0$0
MICHAEL CORBINCHAIRMAN-ELE
Trustee or director
–$0$0
ANDREW CRAIGMEMBER
Trustee or director
–$0$0
BRIAN CRAWFORDMEMBER
Trustee or director
–$0$0
ROBERT CRAWFORDMEMBER
Trustee or director
–$0$0
LIZ CREWSMEMBER
Trustee or director
–$0$0
DELORES DAVENPORTMEMBER
Trustee or director
–$0$0
RICKEY HALLMEMBER
Trustee or director
–$0$0
CHARLES JOHNSONMEMBER
Trustee or director
–$0$0
WILLIAM C BRADFORD JRVC PUBLIC PO
Trustee or director
–$0$0
JULIE LESSITERVC EDUCATION
Trustee or director
–$0$0
JEREMY K MOOREVC MARKETING
Trustee or director
–$0$0
TERRY E MOOREMEMBER
Trustee or director
–$0$0
FRANCESCA MORELANDIMMEDIATE PA
Trustee or director
–$0$0
HILTON NICHOLSONMEMBER
Trustee or director
–$0$0
GRANT NUCKOLLSMEMBER
Trustee or director
–$0$0
ROBERT POUMEMBER
Trustee or director
–$0$0
ROY PRESTWOODBOARD CHAIRM
Trustee or director
–$0$0
JIM SHOCKLEYMEMBER
Trustee or director
–$0$0
TOM SIMMSTREASURER
Trustee or director
–$0$0
GEORGE SIRVENMEMBER
Trustee or director
–$0$0
DAVID R SMITHVC ECONOMIC
Trustee or director
–$0$0
JASON D SMITHMEMBER
Trustee or director
–$0$0
MARK SNOWMEMBER
Trustee or director
–$0$0
SCOTT WARDVC MEMBERSHI
Trustee or director
–$0$0

Address and contacts

Address (IRS master file)
400 EDWARDS STREET, SHREVEPORT, LA 71101-6134
Principal officer (990 for 2024)
TIMOTHY J MAGNER, 400 EDWARDS STREET, SHREVEPORT, LA 71101
Signed the 990
TIMOTHY J MAGNER, PRESIDENT
Phone
(318) 677-2527
Return prepared by
COOK & MOREHART CPA'S

Mission

SHREVEPORT CHAMBER OF COMMERCE PROVIDES VARIOUS PROJECTS THOUGHOUT THE YEAR FOR CHAMBER MEMBERS.

990 for the year ended December 31, 2024

Program accomplishments

  • SHREVEPORT CHAMBER OF COMMERCE PROVIDES VARIOUS PROJECTS THOUGHOUT THE YEAR FOR CHAMBER MEMBERS.
    Expenses $720,110

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
72-0315700
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1945
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$8,875,355
Income (IRS master file)
$1,952,109

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,952,109$1,547,054$8,875,355XML
990December 2023$2,323,852$1,532,698$8,466,652XML
990December 2022$5,120,507$1,463,392$7,490,588IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 72-0315700).

Questions about SHREVEPORT CHAMBER OF COMMERCE INC

What is the EIN of SHREVEPORT CHAMBER OF COMMERCE INC?
The employer identification number (EIN) of SHREVEPORT CHAMBER OF COMMERCE INC is 72-0315700.
Is SHREVEPORT CHAMBER OF COMMERCE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1945.
Are donations to SHREVEPORT CHAMBER OF COMMERCE INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does SHREVEPORT CHAMBER OF COMMERCE INC 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 SHREVEPORT CHAMBER OF COMMERCE INC 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 SHREVEPORT CHAMBER OF COMMERCE INC 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 SHREVEPORT CHAMBER OF COMMERCE INC?
The 990 for the year ended December 31, 2024 names TIMOTHY J MAGNER.
Who are the officers and directors of SHREVEPORT CHAMBER OF COMMERCE INC?
The 990 for the year ended December 31, 2024 lists 28 people; 1 received compensation from the organization, the highest $183,819 (TIMOTHY J MAGNER, PRESIDENT).
How much revenue does SHREVEPORT CHAMBER OF COMMERCE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,952,109, expenses of $1,547,054 and total assets of $8,875,355 at year end.

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