Civic Intelligence

Greater S W Houston Chamber of Commerce

990EZ • Fiscal year 2016 • EIN 74-1178802

Jan 01, 2016 to Dec 31, 2016 • Filed on Jan 24, 2018

12 Greenway Plaza Suite 1100Houston, TX 77046

(713) 666-1521

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

83rd percentile

0.26x

Higher debt load relative to assets than 83% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

76th percentile

0.09x

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

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

14th percentile

-18%

Higher net margin than 14% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

87th percentile

$54,996

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 49.2% of source-year revenue.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Asset Growth

7th percentile

-43%

Faster asset growth than 7% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

49th percentile

0.5%

Faster revenue growth than 49% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$37,882

Down $28,004 (-43%) from 2015

Net Assets

Down

$28,163

Down $20,564 (-42%) from 2015

Liabilities

Down

$9,719

Down $7,440 (-43%) from 2015

Revenue

Up

$111,763

Up $551 (+0.5%) from 2015

Expenses

Down

$132,327

Down $3,820 (-2.8%) from 2015

Net Income

Up

-$20,564

Up $4,371 (+18%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2016

Assets$37,882
Liabilities$9,719
Net Assets$28,163

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2016

Revenue$111,763
Expenses$132,327
Net Income-$20,564
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jan 24, 2018
Return Version
2016v3.1
Gross Receipts
$117,758
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
GERRIT VON WENCKSTERNDirectorPT$0--
TERRY HIGGINBOTHAMDirectorPT$0--
SANDRA SCURRIA MDDirectorPT$0--
ZAID SULTANDirectorPT$0--
DUSTIN O QUINNDirectorPT$0--
ELAINE GUIDRYDirectorPT$0--
JAMAL BAFAGIHDirectorPT$0--
SATYA PILLADirectorPT$0--
ASIF ALI MDDirectorPT$0--
LIZ MC NEELDirectorPT$0--
JERRY POLLIODirectorPT$0--
TYRA WEAVERDirectorPT$0--
BILL WONGDirectorPT$0--
ROBERT BENAVIDEZDirectorPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$37,992$37,992$5,995$31,997
Total Events$37,992$37,992$5,995$31,997
Filing and Contact Details

Filer

Filer Name
Houston Metropolitan Chamber
EIN
74-1178802
Phone
7136661521
Address
12 GREENWAY PLAZA SUITE 1100, HOUSTON, TX 77046

Signing Officer

Name
Peggy Wilson
Title
CEO
Phone
7136661521
Signed
2018-01-24

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 817 office 2,091 insurance 910 phone & internet expense 2,190 dues & subscriptions 1,628 bank charges 5,179 business development 102 automobile expense 780 professional services 15,667 payroll service 1,881 meals and entertainment 775 bad debt 15,200 payroll taxes 4,896 repairs & maintenance 1,550 non-investment depreciation 140 total 53,806

Form 990-ez, Part II, Line 24

Accounts receivable 16,633 2,840 computers and furniture 13,886 13,886 less accumulated depreciation 13,326 13,466 total 17,193 3,260

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 4,759 1,324 deferred event revenue 5,010 1,795 payroll liabilities 7,390 6,600

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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 817 OFFICE 2,091 INSURANCE 910 PHONE & INTERNET EXPENSE 2,190 DUES & SUBSCRIPTIONS 1,628 BANK CHARGES 5,179 BUSINESS DEVELOPMENT 102 AUTOMOBILE EXPENSE 780 PROFESSIONAL SERVICES 15,667 PAYROLL SERVICE 1,881 MEALS AND ENTERTAINMENT 775 BAD DEBT 15,200 PAYROLL TAXES 4,896 REPAIRS & MAINTENANCE 1,550 NON-INVESTMENT DEPRECIATION 140 TOTAL 53,806
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 16,633 2,840 COMPUTERS AND FURNITURE 13,886 13,886 LESS ACCUMULATED DEPRECIATION 13,326 13,466 TOTAL 17,193 3,260
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 4,759 1,324 DEFERRED EVENT REVENUE 5,010 1,795 PAYROLL LIABILITIES 7,390 6,600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CHAMBER'S PRIMARY PURPOSE IS TO FOSTER AND ENCOURAGE INDUSTRY IN THE COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TO 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.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 31
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ReturnHeader/PreparerPersonGrp/PreparationDt02018-01-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MERLE SHEFSTAD CPA
ReturnHeader/ReturnTs02018-01-30T17:11:44-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2016 filings • 501(c)6 • <$500k nonprofits