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Nonprofit · EIN 75-0715353

PANOLA COUNTY CHAMBER OF COMMERCE

Tax-exempt · CARTHAGE, TX 75633

Financials

$192K$145K2023$146K$147K2024$167K$138K2025
Revenue Expenses · by fiscal year end
Financials of PANOLA COUNTY CHAMBER OF COMMERCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$167,320$137,614$29,706$265,658$0$265,658
December 31, 2024990$146,038$147,189-$1,151$237,022$1,089$235,933
December 31, 2023990$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.

NameTitleHours / weekCompensation
WESLEY KING2ND VP
Officer
0$0
JOHN ALBERS1ST VP
Officer
0$0
DR JOHN RAYIMMEDIATE PAST CHAIR
Officer
0$0
CAMERON PHILLIPSCHAIRMAN
Officer
0$0
DAVID MURPHYTREASURER
Officer
0$0
990 for the year ended December 31, 2024: 5 people
NameTitleHours / weekCompensation
WESLEY KING2ND VP
Officer
0$0
JOHN ALBERS1ST VP
Officer
0$0
DR JOHN RAYIMMEDIATE PAST CHAIR
Officer
0$0
CAMERON PHILLIPSCHAIRMAN
Officer
0$0
DAVID MURPHYTREASURER
Officer
0$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
WESLEY KING2ND VP
Officer
0$0
JOHN ALBERS1ST VP
Officer
0$0
DR JOHN RAYIMMEDIATE PAST CHAIR
Officer
0$0
CAMERON PHILLIPSCHAIRMAN
Officer
0$0
DAVID MURPHYTREASURER
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

990 for the year ended December 31, 2025

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 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

FormYear endedRevenueExpensesAssetsReturn
990December 2025$167,320$137,614$265,658XML
990December 2024$146,038$147,189$237,022IRS
990December 2023$192,470$144,733$238,026XML
990December 2022$174,507$133,592$192,817IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990-EZDecember 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.

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