Civic Intelligence

Hempstead Chamber of Commerce

EIN 74-1888767 • 501(c)6 • Hempstead, TX

Profile

To promote local economy through watermelon and christmas festival.

PO Box 517Hempstead, TX 77445

n/A

Siviq Scores

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

Liabilities / Assets

74th percentile

0.09x

Higher debt load relative to assets than 74% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

90th percentile

0.38x

Higher debt load relative to revenue than 90% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2015

Net Margin

20th percentile

-23%

Higher net margin than 20% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2015

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2015

Asset Growth

27th percentile

-17%

Faster asset growth than 27% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

34th percentile

-8.3%

Faster revenue growth than 34% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets74th percentile

Assets

Down

$122,561

Down $25,144 (-17%) from 2014

Liabilities

Down

$11,466

Down $17,668 (-61%) from 2014

Net Assets

Down

$111,095

Down $7,476 (-6.3%) from 2014

Operations
Liabilities / Revenue90th percentileNet Margin20th percentile

Revenue

Down

$30,511

Down $2,776 (-8.3%) from 2014

Expenses

Up

$37,680

Up $11,296 (+43%) from 2014

Net Income

Down

-$7,169

Down $14,072 (-204%) from 2014

Trend Graphs

Balance Sheet Trend

Asset Growth27th percentile

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

$150K$100K$50K$0Assets 2011: $101,755Liabilities 2011: $40,7822011Assets 2012: $131,914Liabilities 2012: $38,5362012Assets 2013: $123,863Liabilities 2013: $37,374Net Assets 2013: $86,4892013Assets 2014: $147,705Liabilities 2014: $29,134Net Assets 2014: $118,5712014Assets 2015: $122,561Liabilities 2015: $11,466Net Assets 2015: $111,0952015

Highlighted filing

2015

Assets$122,561
Liabilities$11,466
Net Assets$111,095
Open 2015 Filing

Operations Trend

Revenue Growth34th percentile

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

$60K$40K$20K$0-$20KRevenue 2011: $20,676Expenses 2011: $25,627Net Income 2011: -$4,9512011Revenue 2012: $48,458Expenses 2012: $19,978Net Income 2012: $28,4802012Revenue 2013: $35,809Expenses 2013: $42,698Net Income 2013: -$6,8892013Revenue 2014: $33,287Expenses 2014: $26,384Net Income 2014: $6,9032014Revenue 2015: $30,511Expenses 2015: $37,680Net Income 2015: -$7,1692015

Highlighted filing

2015

Revenue$30,511
Expenses$37,680
Net Income-$7,169
Open 2015 Filing

Filings

Most recent year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$122,561
Liabilities
$11,466
Net assets
$111,095
Revenue
$30,511
Expenses
$37,680
Net income
-$7,169
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2015Detailed filing. Detailed filing data is available for this year.$1.23$0.11$1.11$0.31$0.38$0.07
2014Detailed filing. Detailed filing data is available for this year.$1.48$0.29$1.19$0.33$0.26$0.07
2013Detailed filing. Detailed filing data is available for this year.$1.24$0.37$0.86$0.36$0.43$0.07
2012Summary only. Only limited summary data is available for this year.$1.32$0.39$0.48$0.20$0.28
2011Summary only. Only limited summary data is available for this year.$1.02$0.41$0.21$0.26$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 4, 2016
Return Version
2015v2.0
Gross Receipts
$96,718
Mission and Program Overview

Mission

To promote local economy through watermelon and christmas festival.

Program Services

DescriptionGrantsExpenses
TO PROMOTE LOCAL ECONOMY THROUGH WATERMELON FEES$60,274-
FESTIVAL OF LIGHTS$4,863-
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KEVIN JORDANBoard Member-$0--
LAURIE BETTISBoard Member-$0--
JACK GIBBSBoard Member-$0--
PAT CHERNOSKYTreasurer-$0--
MARY ANN DRAWLVice President-$0--
CHERYL CARTERPresident/Sec-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Watermelon Festival$87,500$87,500$60,274$27,226
Festival of Lights$5,005$5,005$4,863$142
Total Events$92,505$92,505$65,137$27,368
Filing and Contact Details

Filer

Filer Name
Hempstead Chamber of Commerce
EIN
74-1888767
Phone
9798264569
Address
PO BOX 517, HEMPSTEAD, TX 77445

Signing Officer

Name
Pat Chernosky
Title
Treasurer
Signed
2016-05-04
Discuss with paid preparer
Yes

Preparer

Firm
Roy W Wiesner CPA
Address
737 12th St, Hempstead, TX 77445
Preparer
Roy W Wiesner CPA
Phone
9798268979
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $11585”

Other Expenses.1002

“Office Expenses $1039”

Other Expenses.1008

“Interest $1416”

Other Expenses.1009

“Depreciation $2100”

Other Expenses.1012

“Insurance $6958”

Other Expenses.1

“TAXES $5000”

Other Expenses.2

“COMPUTER/INTERNET $2280”

Other Expenses.3

“UTILITIES $2039”

Other Expenses.4

“Community activities $2018”

Other Expenses.5

“Repairs & maintenance $1765”

Other Expenses.6

“PROFESSIONAL FEES $1541”

Other Expenses.7

“BANK CHARGES $10”

Other Expenses.8

“OTHER EXPENSES $-71”

Total Liabilities.1

“SECURED NOTES PAYABLE - Beginning $29134 SECURED NOTES PAYABLE - Ending $11466”

Raw XML Appendix156 raw XML fields

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

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0PAT CHERNOSKY TREASURER
IRS990EZ/BooksInCareOfDetail/PhoneNum09798268777
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01116 AUSTIN ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HEMPSTEAD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd077445
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt060638
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt037594
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-7169
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0147705
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0122561
IRS990EZ/FundraisingGrossIncomeAmt092715
IRS990EZ/GrossReceiptsAmt096718
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt033
IRS990EZ/LandAndBuildingsGrp/BOYAmt087067
IRS990EZ/LandAndBuildingsGrp/EOYAmt084967
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt03970
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0118571
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0111095
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0118571
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0111095
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KEVIN JORDAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LAURIE BETTIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JACK GIBBS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3PAT CHERNOSKY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MARY ANN DRAWL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5CHERYL CARTER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5President/Sec
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0-307
IRS990EZ/OtherExpensesTotalAmt037680
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE LOCAL ECONOMY THROUGH WATERMELON AND CHRISTMAS FESTIVAL.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROMOTE LOCAL ECONOMY THROUGH WATERMELON FEES
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1FESTIVAL OF LIGHTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt060274
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt14863
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt066207
IRS990EZ/SpecialEventsNetIncomeLossAmt026508
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt029134
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt011466
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt037680
IRS990EZ/TotalProgramServiceExpensesAmt065137
IRS990EZ/TotalRevenueAmt030511
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt065137
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0WATERMELON FESTIVAL
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0FESTIVAL OF LIGHTS
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt087500
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt05005
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt092505
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt087500
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt05005
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt092505
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt027368
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt065137
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt060274
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt04863
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $11585
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $1039
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Interest $1416
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Depreciation $2100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance $6958
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TAXES $5000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6COMPUTER/INTERNET $2280
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7UTILITIES $2039
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8COMMUNITY ACTIVITIES $2018
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9REPAIRS & MAINTENANCE $1765
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10PROFESSIONAL FEES $1541
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11BANK CHARGES $10
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12OTHER EXPENSES $-71
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13SECURED NOTES PAYABLE - Beginning $29134 SECURED NOTES PAYABLE - Ending $11466
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1008
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Total Liabilities.1
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PAT CHERNOSKY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HEMPSTEAD CHAMBER OF COMMERCE
ReturnHeader/Filer/BusinessNameControlTxt0HEMP
ReturnHeader/Filer/EIN0741888767
ReturnHeader/Filer/PhoneNum09798264569
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 517
ReturnHeader/Filer/USAddress/CityNm0HEMPSTEAD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077445
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Roy W Wiesner CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0737 12th St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Hempstead
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd077445
ReturnHeader/PreparerPersonGrp/PhoneNum09798268979
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROY W WIESNER CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-05-04T14:50:32-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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