Civic Intelligence

Greater S W Houston Chamber of Commerce

EIN 74-1178802 • 501(c)6 • Houston, TX

Profile

The chamber's primary purpose is to foster and encourage industry in the community.

5100 Westheimer Rd Ste 200Houston, TX 77056

www.houstonmetropolitanchamber.biz

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

97th percentile

1.46x

Higher debt load relative to assets than 97% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

76th percentile

0.09x

Higher debt load relative to revenue than 76% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2018

Net Margin

21st percentile

-22%

Higher net margin than 21% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2018

Top Officer Pay

90th percentile

$54,996

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 49.1% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2017

Asset Growth

10th percentile

-78%

Faster asset growth than 10% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

28th percentile

-16%

Faster revenue growth than 28% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$5,608

Down $19,615 (-78%) from 2017

Liabilities

Up

$8,183

Up $925 (+13%) from 2017

Net Assets

-

No earlier filing loaded for comparison.

Revenue

Down

$93,626

Down $18,468 (-16%) from 2017

Expenses

Down

$114,166

Down $8,127 (-6.6%) from 2017

Net Income

Down

-$20,540

Down $10,341 (-101%) from 2017

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0-$100KAssets 2010: $73,083Liabilities 2010: $141,276Net Assets 2010: -$68,1932010Assets 2011: $289,747Liabilities 2011: $10,500Net Assets 2011: $279,2472011Assets 2012: $146,815Liabilities 2012: $4,252Net Assets 2012: $142,5632012Assets 2013: $112,407Liabilities 2013: $7,0312013Assets 2014: $83,064Liabilities 2014: $9,402Net Assets 2014: $73,6622014Assets 2015: $65,886Liabilities 2015: $17,159Net Assets 2015: $48,7272015Assets 2016: $37,882Liabilities 2016: $9,719Net Assets 2016: $28,1632016Assets 2017: $25,223Liabilities 2017: $7,258Net Assets 2017: $17,9652017Assets 2018: $5,608Liabilities 2018: $8,1832018

Highlighted filing

2018

Assets$5,608
Liabilities$8,183
Net Assets-

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2010: $198,031Expenses 2010: $252,094Net Income 2010: -$54,0632010Revenue 2011: $699,150Expenses 2011: $330,708Net Income 2011: $368,4422011Revenue 2012: $85,587Expenses 2012: $222,271Net Income 2012: -$136,6842012Revenue 2013: $82,660Expenses 2013: $119,847Net Income 2013: -$37,1872013Revenue 2014: $75,547Expenses 2014: $107,261Net Income 2014: -$31,7142014Revenue 2015: $111,212Expenses 2015: $136,147Net Income 2015: -$24,9352015Revenue 2016: $111,763Expenses 2016: $132,327Net Income 2016: -$20,5642016Revenue 2017: $112,094Expenses 2017: $122,293Net Income 2017: -$10,1992017Revenue 2018: $93,626Expenses 2018: $114,166Net Income 2018: -$20,5402018

Highlighted filing

2018

Revenue$93,626
Expenses$114,166
Net Income-$20,540

Filings

Latest Detailed Filing

The latest 2018 filing currently has summary financial data only. Showing the latest detailed filing from 2017 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 12, 2018
Return Version
2017v2.3
Gross Receipts
$115,856
Mission and Program Overview

Mission

The chamber's primary purpose is to foster and encourage industry in the community.

Program Services

DescriptionGrantsExpenses
TO FOSTER AND ENCOURAGE INDUSTRY IN THE COMMUNITY, DEVELOP COMMUNICATIONS BETWEEN THE BUSINESS COMMUNITY AND THE HOUSTON INDEPENDENT SCHOOL DISTRICT, HELP TO IDENTIFY AND DEVELOP FUTURE COMMUNITY LEADERS AND TO COORDINATE SEMINARS AND WORKSHOPS THAT ADDRESS SMALL BUSINESS NEEDS. THE CHAMBER ALSO HELPS TO INCREASE MEMBERS' EFFICIENCY, PRODUCTIVITY AND PROFIT WHICH WILL BENEFIT THE COMMUNITY AS A WHOLE.--
TO FOSTER AND ENCOURAGE INDUSTRY IN THE COMMUNITY, DEVELOP COMMUNICATIONS BETWEEN THE BUSINESS COMMUNITY AND THE HOUSTON INDEPENDENT SCHOOL DISTRICT, HELP TO IDENTIFY AND DEVELOP FUTURE COMMUNITY LEADERS AND TO COORDINATE SEMINARS AND WORKSHOPS THAT ADDRESS SMALL BUSINESS NEEDS. THE CHAMBER ALSO HELPS TO INCREASE MEMBERS' EFFICIENCY, PRODUCTIVITY AND PROFIT WHICH WILL BENEFIT THE COMMUNITY AS A WHOLE.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
PEGGY WILSONCEOFT$54,996-$54,996
BILL WONGDirectorPT$0--
MAHMOOD MUMTAZDirectorPT$0--
ARA KARAMANIAN MDDirectorPT$0--
SHAHARA WRIGHTDirectorPT$0--
DEE ZUNKERDirectorPT$0--
THOMAS MOUTONDirectorPT$0--
PEGGY WILSONDirectorPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$32,318$32,318$263$32,055
Total Events$32,318$32,318$3,762$28,556
Filing and Contact Details

Filer

Filer Name
Houston Metropolitan Chamber
EIN
74-1178802
Phone
7136661521
Address
5100 WESTHEIMER RD STE 200, HOUSTON, TX 77056

Signing Officer

Name
Peggy Wilson
Title
CEO
Phone
7136661521
Signed
2018-11-12

Preparer

Firm
Reimer Mcguinness & Associates Pc
Address
6610 MALIBU DR, HOUSTON, TX 77092
Preparer
Merle Shefstad CPA
Phone
7135903000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 1,063 office 6,662 conferences/meetings 70 insurance 1,050 automobile expense 59 bank & credit card fees 8 contract labor 18,214 event costs 3,191 finance charges 71 meals and entertainment 1,193 parking & tolls 120 payroll service 1,976 repairs & maintenance 1,719 telephone & internet 2,071 dues & subscriptions 1,829 non-investment depreciation 140 total 39,436

Form 990-ez, Part II, Line 24

Accounts receivable 2,840 3,940 prepaid expenses and deferred charges 0 2,055 computers and furniture 13,886 13,886 less accumulated depreciation 13,466 13,606 total 3,260 6,275

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 1,323 448 deferred event revenue 1,795 0 payroll liabilities 6,600 6,810

Form 990-ez, Part III

The chamber's primary purpose is to foster and encourage industry in the community.

Form 990-ez, Part III, Line 28

To foster and encourage industry in the community, develop communications between the business community and the houston independent school district, help to identify and develop future community leaders and to coordinate seminars and workshops that address small business needs. The chamber also helps to increase members' efficiency, productivity and profit which will benefit the community as a whole.

Form 990-ez, Part III, Line 31

To foster and encourage industry in the community, develop communications between the business community and the houston independent school district, help to identify and develop future community leaders and to coordinate seminars and workshops that address small business needs. The chamber also helps to increase members' efficiency, productivity and profit which will benefit the community as a whole.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CHAMBER'S PRIMARY PURPOSE IS TO FOSTER AND ENCOURAGE INDUSTRY IN THE COMMUNITY.
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