Nonprofit · EIN 75-0715353
PANOLA COUNTY CHAMBER OF COMMERCE
Tax-exempt · CARTHAGE, TX 75633
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $167,320 | $137,614 | $29,706 | $265,658 | $0 | $265,658 |
| December 31, 2024 | 990 | $146,038 | $147,189 | -$1,151 | $237,022 | $1,089 | $235,933 |
| December 31, 2023 | 990 | $192,470 | $144,733 | $47,737 | $238,026 | $942 | $237,084 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $156,578
- of which government grants
- $68,811
- Membership dues
- $49,161
- Program service revenue
- $0
- Investment income
- $8,345
- Net rental income
- $2,397
- Other revenue
- $2,397
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $88,037
- Salaries, compensation and benefits (total)
- $94,930
- Professional fundraising fees
- $0
- Accounting fees
- $5,060
- Occupancy
- $4,237
- Program services (functional)
- $5,060
Balance sheet and other
- Total assets, start of year
- $237,022
- Total assets, end of year
- $265,658
- Total liabilities, end of year
- $0
- Net assets, end of year
- $265,658
- Land, buildings and equipment
- $2,299
- Gross receipts
- $167,320
- Employees
- 3
- Volunteers
- 38
- Year formed
- 1947
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WESLEY KING | 2ND VP Officer | 0 | $0 |
| JOHN ALBERS | 1ST VP Officer | 0 | $0 |
| DR JOHN RAY | IMMEDIATE PAST CHAIR Officer | 0 | $0 |
| CAMERON PHILLIPS | CHAIRMAN Officer | 0 | $0 |
| DAVID MURPHY | TREASURER Officer | 0 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WESLEY KING | 2ND VP Officer | 0 | $0 |
| JOHN ALBERS | 1ST VP Officer | 0 | $0 |
| DR JOHN RAY | IMMEDIATE PAST CHAIR Officer | 0 | $0 |
| CAMERON PHILLIPS | CHAIRMAN Officer | 0 | $0 |
| DAVID MURPHY | TREASURER Officer | 0 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WESLEY KING | 2ND VP Officer | 0 | $0 |
| JOHN ALBERS | 1ST VP Officer | 0 | $0 |
| DR JOHN RAY | IMMEDIATE PAST CHAIR Officer | 0 | $0 |
| CAMERON PHILLIPS | CHAIRMAN Officer | 0 | $0 |
| DAVID MURPHY | TREASURER Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 300 W PANOLA ST, CARTHAGE, TX 75633-2535
- Principal officer (990 for 2025)
- KERI VANCE, 128 W NEAL, CARTHAGE, TX 75633
- Signed the 990
- KERI VANCE, EXECUTIVE DIRECTOR
- Phone
- (903) 693-6634
- Return prepared by
- NIXON & WOODFIN CPA'S
Mission
PROMOTION OF COMMERCE IN PANOLA COUNTY TEXAS
Program accomplishments
- PROMOTION OF COMMCERCE IN PANOLA COUNTY TX
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 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 75-0715353
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1948
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $265,658
- Income (IRS master file)
- $167,320
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $167,320 | $137,614 | $265,658 | XML |
| 990 | December 2024 | $146,038 | $147,189 | $237,022 | IRS |
| 990 | December 2023 | $192,470 | $144,733 | $238,026 | XML |
| 990 | December 2022 | $174,507 | $133,592 | $192,817 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990-EZ | December 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 75-0715353).
Questions about PANOLA COUNTY CHAMBER OF COMMERCE
- What is the EIN of PANOLA COUNTY CHAMBER OF COMMERCE?
- The employer identification number (EIN) of PANOLA COUNTY CHAMBER OF COMMERCE is 75-0715353.
- Is PANOLA COUNTY CHAMBER OF COMMERCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1948.
- Are donations to PANOLA COUNTY CHAMBER OF COMMERCE tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does PANOLA COUNTY 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 PANOLA COUNTY CHAMBER OF COMMERCE due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PANOLA COUNTY CHAMBER OF COMMERCE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of PANOLA COUNTY CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2025 names KERI VANCE.
- Who are the officers and directors of PANOLA COUNTY CHAMBER OF COMMERCE?
- The 990 for the year ended December 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does PANOLA COUNTY CHAMBER OF COMMERCE have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $167,320, expenses of $137,614 and total assets of $265,658 at year end.
Other nonprofits in CARTHAGE
- PANOLA SCHOOL EIN 75-2855333 · last filed 990 for 2025
- CARTHAGE ISD EDUCATION FOUNDATION INC EIN 02-0605405 · last filed 990 for 2025
- CHARLES C MATTHEWS FOUNDATION EIN 75-2741045 · last filed 990-PF for 2025
- CARTHAGE ECONOMIC DEVELOPMENT CORPORATION EIN 75-2488443 · last filed 990 for 2025
- CARTHAGE IMPROVEMENTS CORPORATION EIN 75-2792161 · last filed 990 for 2025
- PANOLA COUNTY JUNIOR LIVESTOCK SHOW INC EIN 75-2525509 · last filed 990 for 2025
- PANOLA COLLEGE FOUNDATION EIN 75-1846813 · last filed 990 for 2025
- TECHNOLOGY STUDENT ASSOCIATION EIN 74-2072932 · last filed 990 for 2025