Nonprofit · EIN 74-2379802
CANYON LAKE AREA CHAMBER OF COMMERCE INC
Tax-exempt · CANYON LAKE, TX 78133
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $75,227 | $80,570 | -$5,343 | $628,167 | $419,457 | $208,710 |
| December 31, 2023 | 990-EZ | $71,512 | $65,155 | $6,357 | $215,754 | $1,701 | $214,053 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $53,350
- of which government grants
- $20,000
- Membership dues
- $25,450
- Program service revenue
- $0
- Investment income
- $87
- Net income from fundraising events
- $17,452
- Other revenue
- $21,790
Expenses
- Grants and similar amounts paid
- $7,684
- Compensation of officers, directors and key employees
- $31,200
- Salaries, compensation and benefits (total)
- $33,164
- Professional fundraising fees
- $0
- Accounting fees
- $450
- Occupancy
- $5,533
- Travel
- $1,292
- Depreciation
- $1,322
- Program services (functional)
- $28,528
- Management and general (functional)
- $10,424
- Fundraising (functional)
- $10,418
Balance sheet and other
- Total assets, start of year
- $215,754
- Total assets, end of year
- $628,167
- Total liabilities, end of year
- $419,457
- Net assets, end of year
- $208,710
- Land, buildings and equipment
- $562,848
- Net assets without donor restrictions
- $208,710
- Gross receipts
- $77,582
- Employees
- 1
- 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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIM COLLORA | Executive Dir. Trustee or director, Officer | 40 | $31,200 |
| MARC MATIER | Chairman Officer | 5 | $0 |
| DALE ADAMS | VICE CHAIR Officer | 5 | $0 |
| TERRY HARRIS | Treasurer Officer | 5 | $0 |
| LORA SMITH | Secretary Officer | 5 | $0 |
990-EZ for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIM COLLORA | Executive Dir. | 40 | $0 |
| MARC MATIER | Chairman | 0 | $0 |
| DALE ADAMS | VICE CHAIR | 0 | $0 |
| TERRY HARRIS | Treasurer | 0 | $0 |
| LORA SMITH | Secretary | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 3934 FM 2673, CANYON LAKE, TX 78133-5178
- Signed the 990
- KIM COLLORA, Executive Dir.
- Phone
- (830) 964-2223
- Website
- WWW.CANYONLAKECHAMBER.COM
- Return prepared by
- Ann E Sullivan CPA
Mission
LOCAL BUSINESS ENHANCEMENT
Program accomplishments
- PROVIDED INFORMATION ABOUT AND PROMOTION OF LOCAL MEMBER BUSINESS' TO TOURISTS AND OTHER INTERESTED PARTIES.
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 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 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 74-2379802
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1991
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $628,167
- Income (IRS master file)
- $77,582
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $75,227 | $80,570 | $628,167 | XML |
| 990-EZ | December 2023 | $71,512 | $65,155 | $215,754 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-EZ | 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 74-2379802).
Questions about CANYON LAKE AREA CHAMBER OF COMMERCE INC
- What is the EIN of CANYON LAKE AREA CHAMBER OF COMMERCE INC?
- The employer identification number (EIN) of CANYON LAKE AREA CHAMBER OF COMMERCE INC is 74-2379802.
- Is CANYON LAKE AREA CHAMBER OF COMMERCE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1991.
- Are donations to CANYON LAKE AREA CHAMBER OF COMMERCE INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CANYON LAKE AREA 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 CANYON LAKE AREA 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 CANYON LAKE AREA 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 are the officers and directors of CANYON LAKE AREA CHAMBER OF COMMERCE INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $31,200 (KIM COLLORA, Executive Dir.).
- How much revenue does CANYON LAKE AREA CHAMBER OF COMMERCE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $75,227, expenses of $80,570 and total assets of $628,167 at year end.
Other nonprofits in CANYON LAKE
- MISSION OF DIVINE MERCY INC EIN 30-0167139 · last filed 990 for 2024
- CRRC OF CANYON LAKE INC EIN 57-1148206 · last filed 990 for 2024
- HABITAT FOR SAFE SENIORS INC EIN 73-1697842 · last filed 990 for 2025
- GENESIS MINISTRIES INC EIN 55-0760547 · last filed 990 for 2024
- POTTERS HANDS EIN 38-4166050 · last filed 990 for 2025
- CANYON LAKE ANIMAL SHELTER SOCIETY EIN 74-2889260 · last filed 990 for 2025
- FRIENDS OF TYE PRESTON MEMORIAL LIBRARY EIN 74-2140555 · last filed 990 for 2025
- CANINE CLASSMATES EIN 26-3939497 · last filed 990 for 2024