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Nonprofit · EIN 75-0452635

MT PLEASANT CHAMBER OF COMMERCE

Tax-exempt · MT PLEASANT, TX 75455

Financials

$625K$877K2023$790K$923K2024
Revenue Expenses · by fiscal year end
Financials of MT PLEASANT CHAMBER OF COMMERCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$790,305$922,914-$132,609$793,335-$121$793,456
December 31, 2023990$625,286$876,530-$251,244$925,455-$729$926,184
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$179,228
Membership dues
$128,817
Program service revenue
$592,739
Investment income
$18,338
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$238,466
Salaries, compensation and benefits (total)
$247,742
Professional fundraising fees
$0
Accounting fees
$2,612
Occupancy
$37,842
Depreciation
$10,700
Program services (functional)
$459,458
Management and general (functional)
$457,726
Fundraising (functional)
$5,730

Balance sheet and other

Total assets, start of year
$925,455
Total assets, end of year
$793,335
Total liabilities, end of year
-$121
Net assets, end of year
$793,456
Land, buildings and equipment
$398,980
Net assets without donor restrictions
$793,456
Gross receipts
$790,305
Employees
12

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
RICHARD BONNEYPRESIDENT /
Trustee or director, Officer
–$0
TUCKER BROWNDIRECTOR
Trustee or director
–$0
BRITTANY BURNSDIRECTOR
Trustee or director
–$0
ERIN CONRADDIRECTOR
Trustee or director
–$0
BILL DIXONPAST CHAIR
Trustee or director, Officer
–$0
DARRELL GRUBBSDIRECTOR
Trustee or director
–$0
NIKKI HUFFMANDIRECTOR
Trustee or director
–$0
GENE KEENONDIRECTOR
Trustee or director
–$0
THERESA PRECIADODIRECTOR
Trustee or director
–$0
COURNTEY SEELBACHTREASURER
Trustee or director, Officer
–$0
TOMMY SHUMATEVICE CHAIR
Trustee or director, Officer
–$0
JIMMY SMITHDIRECTOR
Trustee or director
–$0
VICTORIA SMITHCHAIR
Trustee or director, Officer
–$0
JUSTIN STANSELLDIRECTOR
Trustee or director
–$0
TYLER VERNERVICE CHAIR
Trustee or director, Officer
–$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
RICHARD BONNEYPRESIDENT /
Trustee or director, Officer
–$0
SUZIE CASTILLOINCOMING CHA
Trustee or director, Officer
–$0
LISA MALDONADOVICE CHAIR
Trustee or director, Officer
–$0
TONY MIZEPAST CHAIR
Trustee or director, Officer
–$0
KEITHA NILSSONTREASURER
Trustee or director, Officer
–$0
DR TONY RUNDLESCHAIRPERSON
Trustee or director, Officer
–$0

Address and contacts

Address (IRS master file)
303 W 1ST ST, MT PLEASANT, TX 75455-4409
Principal officer (990 for 2024)
RICHARD BONNEY
Signed the 990
RICHARD BONNEY, PRESIDENT / CEO
Phone
(903) 572-8567
Return prepared by
MCGUIRE-DYKE CPAS PC

Mission

TO PROMOTE ITS BUSINESS AND PROFESSIONAL MEMBERS AND ENHANCE THE QUALITY OF LIFE AND BUSINESS CLIMATE FOR ALL CITIZENS THROUGH ECONOMIC AND COMMUNITY DEVELOPMENT.

990 for the year ended December 31, 2024

Program accomplishments

  • COMMUNITY AWARENESS: THE CHAMBER SPONSORS NUMEROUS SEMINARS, MEETINGS, AND OTHER ACTIVITIES, AS WELL AS A WEB PRESENCE TO ENGOURAGE EDUCATORS, LOCAL BUSINESSES, AND COMMUNITY MEMBERS TO TAKE A PROACTIVE ROLE TO FURTHER INTEREST OF MEMBER BUSINESSES WHILE PRESENTING AND MAINTAINING A HEALTHY AND PROGRESSIVE BUSINESS RESIDENTIAL COMMUNITY: AND TO ENGCOURAGE GROWTH IN ALL ASPECTS OF THE COMMUNITY.
  • TOURISM PROMOTION: THE CHAMBER SPONSORS VARIOUS EVENTS AND COMMUNITY ACTIVITIES THROUGHOUT THE YEAR TO PROMOTE INTERACTION BETWEEN MEMBER BUSINESSES AND VISITORS TO THE AREA TO ENCOURAGE TOURISM AND CULTIVATE A SHOP LOCAL ATTITUDE WITHIN THE COMMUNITY. THESE ACTIVITIES HAVE HELPED THE DOWNTWON MERCHANT MEMBERS MAINTAIN MARKETS WHEN MANY MODERATE SIZED COMMUNITIES HAVE SUFFERED ECONOMIC DOWNTURNS IN THEIR RESPECTIVE DOWNTOWN AREAS. THE CHAMBER OFFICE MAKES INFORMATION READILY AVAILABLE ON SITE THROUGH ELECTRONIC MEDIA REGARDING AREA AMENITIES AND ACTIVITIES TO VISITORS, NEWCOMERS, POTENTIAL RESIDENTS, AND BUSINESSES PROVIDING A "BEST FOOT FORWARD" APPROACH.
  • MEMBER SERVICES: THE CHAMBER PROVIDES NUMEROUS MEETINGS AND CONFERENCES FOR ITS MEMBERS TO PROMOTE A CONFIDENT AND AMENABLE BUSINESS ENVIRONMENT. THE CHAMBER SPONSORS REGULAR BREAKFASTS AND AFTER HOURS GATHERINGS, AS WELL AS NUMEROUS OTHER MEETINGS TO PROVIDE OPPORTUNITY FOR MEMBERS TO MET AND EXCHANGE IDEAS AND INFORMATION. ALL DONE IN AN EFFORT TO PROMOTE ITS MEMBERS AND THE COMMUNITY. THE CHAMBER ALSO COMPILES AND DISTRIBUTES A COMMUNITY BUSINESS DIRECTORY TO PROMOTE MEMBER BUSINESSES. THE PUBLICATION IS MADE AVAILABLE TO MEMBER BUSINESSES AND RESIDENTS AS WELL AS THOSE SEEKING COMMUNITY INFORMATION IN AN EFFORT TO PROMOTE NEW GROWTH AND EXISTING BUSINESSES.
  • VISITOR CENTER - THE CHAMBER, THROUGH A CONTRACT WITH THE CITY OF MT PLEASANT, PROVIDES A VISITOR CENTER FOR VISITORS TO MT PLEASANT AND TITUS COUNTY. THE VISITOR CENTER OFFERS INFORMATION ABOUT MT PLEASANT AND TITUS COUNTY TO PROMOTE TOURISM, LOCAL EVENTS, LOCAL BUSINESSES, AND POINTS OF ATTRACTION IN MT PLEASANT, TITUS COUNTY, AND THE SURROUNDING AREA.

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
75-0452635
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1944
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$793,335
Income (IRS master file)
$790,305

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$790,305$922,914$793,335XML
990December 2023$625,286$876,530$925,455XML
990December 2022$1,546,010$837,137$1,172,150IRS
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 75-0452635).

Questions about MT PLEASANT CHAMBER OF COMMERCE

What is the EIN of MT PLEASANT CHAMBER OF COMMERCE?
The employer identification number (EIN) of MT PLEASANT CHAMBER OF COMMERCE is 75-0452635.
Is MT PLEASANT CHAMBER OF COMMERCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1944.
Are donations to MT PLEASANT CHAMBER OF COMMERCE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MT PLEASANT 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 MT PLEASANT 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 MT PLEASANT 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 MT PLEASANT CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 names RICHARD BONNEY.
Who are the officers and directors of MT PLEASANT CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 lists 15 people; 0 received compensation from the organization.
How much revenue does MT PLEASANT CHAMBER OF COMMERCE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $790,305, expenses of $922,914 and total assets of $793,335 at year end.

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