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Nonprofit · EIN 75-1047178

METROCREST CHAMBER OF COMMERCE

Tax-exempt · FARMERS BRNCH, TX 75244

Financials

$405K$379K2023$479K$500K2024
Revenue Expenses · by fiscal year end
Financials of METROCREST CHAMBER OF COMMERCE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$478,968$500,410-$21,442$141,279$4,762$136,517
December 31, 2023990$404,801$379,186$25,615$163,276$5,317$157,959
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$221,799
Membership dues
$221,799
Program service revenue
$246,741
Investment income
$510
Other revenue
$9,918

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$227,492
Salaries, compensation and benefits (total)
$254,533
Professional fundraising fees
$0
Accounting fees
$23,935
Occupancy
$37,364
Travel
$13,744
Depreciation
$55
Program services (functional)
$324,379
Management and general (functional)
$175,976

Balance sheet and other

Total assets, start of year
$163,276
Total assets, end of year
$141,279
Total liabilities, end of year
$4,762
Net assets, end of year
$136,517
Land, buildings and equipment
$720
Gross receipts
$478,968
Employees
0
Volunteers
75
Year formed
1968
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
ROBIN MAINERDIRECTOR
Trustee or director
1$0
BRYAN ROLLINGSDIRECTOR
Trustee or director
1$0
VINCE MONTENEGRODIRECTOR
Trustee or director
1$0
JENECA WILLISDIRECTOR
Trustee or director
1$0
CRISTAL RETANADIRECTOR
Trustee or director
1$0
TIFFANY RICHMANDDIRECTOR
Trustee or director
1$0
SUZANNE SCOTTDIRECTOR
Trustee or director
1$0
RAUL SIBRIANDIRECTOR
Trustee or director
1$0
ALEXANDRA FINCHERDIRECTOR
Trustee or director
1$0
ALEX SAGCALDIRECTOR
Trustee or director
1$0
JO GILLENDIRECTOR
Trustee or director
1$0
HAROLD SHEPARDPAST-CHAIRMAN
Trustee or director
2$0
JAN RUGGCHAIRMAN
Trustee or director
2$0
BAHARAK SOUTOUDEHCHAIR-ELECT
Trustee or director
2$0
DARBY MERRIMANTREASURER
Trustee or director
2$0
3 more people on this return
NameTitleHours / weekCompensation
KEVIN ROQUEMORELEGAL COUNSEL
Trustee or director
2$0
ALICIA COFFEYDIRECTOR
Trustee or director
1$0
KEVIN MARSHALLDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
HAROLD SHEPARDCHAIR
Trustee or director
2$0
JAN RUGGCHAIR-ELECT
Trustee or director
2$0
SANDEE TREPTOWDIRECTOR
Trustee or director
1$0
KITA HOBBSDIRECTOR
Trustee or director
1$0
AMIR MIRZADEHPAST-CHAIRMAN
Trustee or director
1$0
BAHARAK SOUTOUDEHTREASURER
Trustee or director
2$0
DARBY MERRIMANDIRECTOR
Trustee or director
1$0
ALICIA COFFEYDIRECTOR
Trustee or director
1$0
JENECA WILLISDIRECTOR
Trustee or director
1$0
JUSTIN SHOEMAKERPAST-CHAIRMAN
Trustee or director
1$0

Address and contacts

Address (IRS master file)
13612 MIDWAY RD STE 603, FARMERS BRNCH, TX 75244-3412
Principal officer (990 for 2024)
MICHAEL GALLOPS, 13612 MIDWAY RD 603, FARMERS BRANCH, TX 75244
Signed the 990
MICHAEL GALLOPS, PRESIDENT
Phone
(972) 746-5768
Return prepared by
HEAD TYLER LLP

Mission

TO CREATE ECONOMIC PROSPERITY FOR OUR MEMBERS BY PROVIDING PROGRAMS, RESOURCES, AND SUPPORT THAT ASSIST AND BENEFIT BUSINESS, GOVERNMENT AND CITIZENS RESULTING IN A VIBRANT PLACE TO LIVE AND WORK.

990 for the year ended December 31, 2024

Program accomplishments

  • ECONOMIC DEVELOPMENT ACTIVITIES WHICH INCLUDE PROMOTING EXISTING BUSINESSES AND MARKETING TO PROSPECTIVE BUSINESSES FOR THE OVERALL ECONOMIC BENEFIT OF THE SERVICE AREA.
    Expenses $68,368 · revenue $66,985
  • THE CHAMBER CONDUCTS GENERAL MEMBERSHIP LUNCHEONS AND WOMEN'S BUSINESS FORUM LUNCHEONS WITH SPEAKERS ADDRESSING TOPICS OF COMMUNITY AND BUSINESS INTEREST, INCLUDING LEGISLATIVE UPDATES AND OTHER LOCAL INTEREST UPDATES. IN 2024, APPROXIMATELY 1400 ATTENDED THESE EVENTS WHICH WERE HOSTED BOTH VIRTUALLY AND IN PERSON.
    Expenses $75,433 · revenue $43,734
  • THE ANNUAL BANQUET PROVIDES THE OPPORTUNITY FOR CHAMBER MEMBERS TO NETWORK, REVIEW THE ACCOMPLISHMENTS OF THE CHAMBER, AND TO PRESENT CHAMBER AND COMMUNITY AWARDS TO MEMBERS. ADDITIONAL NETWORKING MEETINGS ARE CONDUCTED DURING THE YEAR IN VARIOUS FORMATS SUCH AS METROCREST CONNECTS, AND BUSINESS SKILLS DEVELOPMENT WORKSHOPS.
    Expenses $43,607 · revenue $34,975
  • Expenses $136,971 · revenue $110,965

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
75-1047178
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1968
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$141,279
Income (IRS master file)
$478,968

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$478,968$500,410$141,279XML
990December 2023$404,801$379,186$163,276XML
990December 2022$352,949$303,783$136,283IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 75-1047178).

Questions about METROCREST CHAMBER OF COMMERCE

What is the EIN of METROCREST CHAMBER OF COMMERCE?
The employer identification number (EIN) of METROCREST CHAMBER OF COMMERCE is 75-1047178.
Is METROCREST CHAMBER OF COMMERCE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1968.
Are donations to METROCREST CHAMBER OF COMMERCE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does METROCREST 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 METROCREST 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 METROCREST 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 METROCREST CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 names MICHAEL GALLOPS.
Who are the officers and directors of METROCREST CHAMBER OF COMMERCE?
The 990 for the year ended December 31, 2024 lists 18 people; 0 received compensation from the organization.
How much revenue does METROCREST CHAMBER OF COMMERCE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $478,968, expenses of $500,410 and total assets of $141,279 at year end.

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