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Nonprofit · EIN 74-0967440

WACO CHAMBER OF COMMERCE

Tax-exempt · WACO, TX 76703

Financials

$4.3M$4.2M2023$4.5M$4.3M2024
Revenue Expenses · by fiscal year end
Financials of WACO CHAMBER OF COMMERCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,544,035$4,279,241$264,794$3,572,158$1,106,689$2,465,469
December 31, 2023990$4,276,316$4,174,666$101,650$3,532,100$1,331,425$2,200,675
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,496,505
of which government grants
$649,000
Membership dues
$908,082
Program service revenue
$1,937,062
Investment income
$85,369
Other revenue
$25,099

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$725,507
Other salaries and wages
$981,627
Salaries, compensation and benefits (total)
$2,089,204
Professional fundraising fees
$0
Accounting fees
$33,728
Occupancy
$386,839
Depreciation
$17,355

Balance sheet and other

Total assets, start of year
$3,532,100
Total assets, end of year
$3,572,158
Total liabilities, end of year
$1,106,689
Net assets, end of year
$2,465,469
Land, buildings and equipment
$53,717
Net assets without donor restrictions
$2,465,469
Gross unrelated business income
$1,200
Gross receipts
$4,544,035
Employees
24
Volunteers
1,000
Year formed
1899
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
MATTHEW MEADORSCEO
Officer, Key employee, Highest-paid employee
40$298,243
KRISTINA COLLINSVP
Officer
40$193,714
JASON POWERSVP
Officer
40$117,660
SETH MORRISVP
Officer
40$115,887
PHILIP PATTERSONDIRECTOR
Trustee or director
1$0
CAROLYN HAFERKAMPDIRECTOR
Trustee or director
1$0
TODD MOOREDIRECTOR
Trustee or director
1$0
KARY LALANIDIRECTOR
Trustee or director
1$0
GEORGE CHASEDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
MATTHEW MEADORSCEO
Officer, Key employee, Highest-paid employee
40$271,057
KRISTINA COLLINSVP
Officer
40$178,244
SETH MORRISVP
Officer
40$110,833
JASON POWERSVP
Officer
40$99,307
PHILIP PATTERSONDIRECTOR
Trustee or director
1$0
CAROLYN HAFERKAMPDIRECTOR
Trustee or director
1$0
TODD MOOREDIRECTOR
Trustee or director
1$0
KARY LALANIDIRECTOR
Trustee or director
1$0
GEORGE CHASEDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
PO BOX 1220, WACO, TX 76703-1220
Principal officer (990 for 2024)
Matthew Meadors, P O BOX 1220, WACO, TX 76703
Signed the 990
Matthew Meadors, CEO
Phone
(254) 757-5609
Return prepared by
VERNON R KING JR PC

Mission

PROMOTE COMMERCE & ECO DEV IN WACO

990 for the year ended December 31, 2024

Program accomplishments

  • PROMOTE COMMERCE & ECONOMIC DEVELOPMENT IN WACO, TEXAS

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
74-0967440
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1936
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,572,158
Income (IRS master file)
$4,544,035

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,544,035$4,279,241$3,572,158XML
990December 2023$4,276,316$4,174,666$3,532,100XML
990December 2022$3,717,679$3,529,165$3,119,544IRS
990December 2021–––IRS
990December 2020–––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 74-0967440).

Questions about WACO CHAMBER OF COMMERCE

What is the EIN of WACO CHAMBER OF COMMERCE?
The employer identification number (EIN) of WACO CHAMBER OF COMMERCE is 74-0967440.
Is WACO CHAMBER OF COMMERCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1936.
Are donations to WACO CHAMBER OF COMMERCE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does WACO 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 WACO 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 WACO 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 WACO CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 names Matthew Meadors.
Who are the officers and directors of WACO CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 lists 9 people; 4 received compensation from the organization, the highest $298,243 (MATTHEW MEADORS, CEO).
How much revenue does WACO CHAMBER OF COMMERCE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,544,035, expenses of $4,279,241 and total assets of $3,572,158 at year end.

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