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Nonprofit · EIN 74-0750055

LOCKHART CHAMBER OF COMMERCE

Tax-exempt · LOCKHART, TX 78644

Financials

$735K$595K2023$553K$617K2024
Revenue Expenses · by fiscal year end
Financials of LOCKHART CHAMBER OF COMMERCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$553,484$617,489-$64,005$435,983$0$435,983
December 31, 2023990$734,565$594,559$140,006$501,955$1,967$499,988
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$553,484
of which government grants
$125
Membership dues
$37,203
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$55,360
Salaries, compensation and benefits (total)
$59,264
Professional fundraising fees
$0
Legal fees
$80,728
Accounting fees
$251
Occupancy
$14,525
Travel
$1,063
Depreciation
$9,056
Program services (functional)
$456,723
Management and general (functional)
$151,710

Balance sheet and other

Total assets, start of year
$501,955
Total assets, end of year
$435,983
Total liabilities, end of year
$0
Net assets, end of year
$435,983
Land, buildings and equipment
$4,709
Gross receipts
$553,484
Employees
7
Volunteers
0
Year formed
1940
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 / weekCompensation
Kimberley CliftonDirector of Operations
Officer
40$39,919
Eric DehoyosChairman
Trustee or director, Officer
1$0
Suzy FalgoutDirector
Trustee or director
1$0
James Winn SmithPast Chairman
Trustee or director, Officer
1$0
Elizabeth SchmidtbergerDirector
Trustee or director
1$0
Brian AlveyDirector
Trustee or director
1$0
James BowmanDirector
Trustee or director
1$0
Gregory NealDirector
Trustee or director
1$0
Joanna GillandDirector
Trustee or director
1$0
Clifton McCruryDirector
Trustee or director
1$0
David SharpDirector
Trustee or director
1$0
Lauren McClellandDirector
Trustee or director
1$0
Samantha SalinasDirector/Admin Asst.
Trustee or director
1$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensationFrom related orgs
Kim CliftonDirector of Operation
Officer
40$0$57,880
Missy HaganPast Chairperson
Trustee or director, Officer
1$0$0
Eric DehoyosCo-Chairperson
Trustee or director, Officer
1$0$0
Suzy FalgoutDirector
Trustee or director
1$0$0
James Winn SmithChairperson
Trustee or director, Officer
1$0$0
Christine OhlendorfDirector
Trustee or director
1$0$0
Elizabeth SchmidtbergerDirector
Trustee or director
1$0$0
Darla DamronDirector
Trustee or director
1$0$0
Brian AlveyDirector
Trustee or director
1$0$0
Hoppy HaydenDirector
Trustee or director
1$0$0
Steven LewisDirector
Trustee or director
1$0$0
Mike KamerlanderDirector
Trustee or director
1$0$0
Mark EstradaDirector
Trustee or director
1$0$0
Rob OrtizDirector
Trustee or director
1$0$0
James BowmanDirector
Trustee or director
1$0$0
Greg NealDirector
Trustee or director
1$0$0
Joanna GillandDirector
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
PO BOX 840, LOCKHART, TX 78644-0840
Principal officer (990 for 2024)
James W Smith, 104 W Market St, Lockhart, TX 78644
Signed the 990
Eric Dehoyos, Chairperson
Phone
(512) 398-2818
Return prepared by
KEVIN MILLS CPA

Mission

Promotion of local commerce

990 for the year ended December 31, 2024

Program accomplishments

  • Promotion of local commerce through meetings, conferences, public relations /community events & media advertising.
  • N/A
  • N/A

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
74-0750055
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1956
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$435,983
Income (IRS master file)
$553,484

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$553,484$617,489$435,983XML
990December 2023$734,565$594,559$501,955XML
990December 2022$981,380$407,606$453,680IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 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 74-0750055).

Questions about LOCKHART CHAMBER OF COMMERCE

What is the EIN of LOCKHART CHAMBER OF COMMERCE?
The employer identification number (EIN) of LOCKHART CHAMBER OF COMMERCE is 74-0750055.
Is LOCKHART CHAMBER OF COMMERCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1956.
Are donations to LOCKHART CHAMBER OF COMMERCE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does LOCKHART CHAMBER OF COMMERCE 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 LOCKHART 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 LOCKHART CHAMBER OF COMMERCE 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 LOCKHART CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 names James W Smith.
Who are the officers and directors of LOCKHART CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 lists 13 people; 1 received compensation from the organization, the highest $39,919 (Kimberley Clifton, Director of Operations).
How much revenue does LOCKHART CHAMBER OF COMMERCE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $553,484, expenses of $617,489 and total assets of $435,983 at year end.

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