Civic Intelligence

Greater Hewitt Chamber of Commerce

EIN 74-1981794 • 501(c)6 • Hewitt, TX

Profile

Promotion of economic growth in the hewitt area.

P O Box 661Hewitt, TX 76643

www.hewitt-texas.com

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.08x

Higher debt load relative to assets than 73% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

77th percentile

0.10x

Higher debt load relative to revenue than 77% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

23rd percentile

-19%

Higher net margin than 23% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

95th percentile

$84,813

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 46.4% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

29th percentile

-17%

Faster asset growth than 29% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

59th percentile

4.6%

Faster revenue growth than 59% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$220,576

Down $44,330 (-17%) from 2023

Liabilities

Down

$18,259

Down $10,344 (-36%) from 2023

Net Assets

Down

$202,317

Down $33,986 (-14%) from 2023

Revenue

Up

$182,843

Up $8,073 (+4.6%) from 2023

Expenses

Up

$216,829

Up $47,866 (+28%) from 2023

Net Income

Down

-$33,986

Down $39,793 (-685%) from 2023

Trend Graphs

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $143,671Liabilities 2011: $23,252Net Assets 2011: $120,4192011Assets 2012: $177,620Liabilities 2012: $18,734Net Assets 2012: $158,8862012Assets 2013: $207,631Liabilities 2013: $8,729Net Assets 2013: $198,9022013Assets 2014: $227,077Liabilities 2014: $12,361Net Assets 2014: $214,7162014Assets 2015: $231,776Liabilities 2015: $16,144Net Assets 2015: $215,6322015Assets 2016: $236,503Liabilities 2016: $19,533Net Assets 2016: $216,9702016Assets 2017: $236,649Liabilities 2017: $15,946Net Assets 2017: $220,7032017Assets 2018: $251,310Liabilities 2018: $19,876Net Assets 2018: $231,4342018Assets 2019: $263,260Liabilities 2019: $7,891Net Assets 2019: $255,3692019Assets 2020: $291,449Liabilities 2020: $24,790Net Assets 2020: $266,6592020Assets 2021: $264,351Liabilities 2021: $10,718Net Assets 2021: $253,6332021Assets 2022: $275,523Liabilities 2022: $18,086Net Assets 2022: $257,4372022Assets 2023: $264,906Liabilities 2023: $28,603Net Assets 2023: $236,3032023Assets 2024: $220,576Liabilities 2024: $18,259Net Assets 2024: $202,3172024

Highlighted filing

2024

Assets$220,576
Liabilities$18,259
Net Assets$202,317

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $140,972Expenses 2011: $110,197Net Income 2011: $30,7752011Revenue 2012: $140,437Expenses 2012: $101,970Net Income 2012: $38,4672012Revenue 2013: $170,732Expenses 2013: $130,716Net Income 2013: $40,0162013Revenue 2014: $161,016Expenses 2014: $145,202Net Income 2014: $15,8142014Revenue 2015: $159,668Expenses 2015: $158,752Net Income 2015: $9162015Revenue 2016: $179,218Expenses 2016: $177,880Net Income 2016: $1,3382016Revenue 2017: $207,406Expenses 2017: $203,673Net Income 2017: $3,7332017Revenue 2018: $226,682Expenses 2018: $215,951Net Income 2018: $10,7312018Revenue 2019: $230,968Expenses 2019: $207,033Net Income 2019: $23,9352019Revenue 2020: $244,766Expenses 2020: $233,476Net Income 2020: $11,2902020Revenue 2021: $227,702Expenses 2021: $240,728Net Income 2021: -$13,0262021Revenue 2022: $175,864Expenses 2022: $172,060Net Income 2022: $3,8042022Revenue 2023: $174,770Expenses 2023: $168,963Net Income 2023: $5,8072023Revenue 2024: $182,843Expenses 2024: $216,829Net Income 2024: -$33,9862024

Highlighted filing

2024

Revenue$182,843
Expenses$216,829
Net Income-$33,986

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.21$0.18$2.02$1.83$2.17$0.34
2023Summary only. Only limited summary data is available for this year.$2.65$0.29$2.36$1.75$1.69$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.76$0.18$2.57$1.76$1.72$0.04
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.64$0.11$2.54$2.28$2.41$0.13
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.91$0.25$2.67$2.45$2.33$0.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.63$0.08$2.55$2.31$2.07$0.24
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.51$0.20$2.31$2.27$2.16$0.11
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.37$0.16$2.21$2.07$2.04$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.37$0.20$2.17$1.79$1.78$0.01
2015Detailed filing. Detailed filing data is available for this year.$2.32$0.16$2.16$1.60$1.59$0.01
2014Detailed filing. Detailed filing data is available for this year.$2.27$0.12$2.15$1.61$1.45$0.16
2013Detailed filing. Detailed filing data is available for this year.$2.08$0.09$1.99$1.71$1.31$0.40
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.78$0.19$1.59$1.40$1.02$0.38
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$0.23$1.20$1.41$1.10$0.31
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$234,169
Mission and Program Overview

Mission

The purpose of the chamber shall be to promote an environment of goodwill and prosperity among the businesses, citizens and community organizations in the greater hewitt area. The organization will strive to foster, protect and promote the commercial, industrial, civic, agricultural and general interests of the greater hewitt community. While encouraging economic development the chamber provides a business environment where everyone has the opportunity to build, network and promote their businesses. As of 2017, the chamber represents 440 members, over 18,000 jobs and 30 non-profit organizations in the greater hewitt area.

The greater hewitt chamber of commerce was organized to promote an environment of goodwill and prosperity among business, citizens, and community organizations in the greater hewitt, texas area. The chamber strives to foster, protect, and promote, the commercial, industrial, civic, agricultural and general interests of the greater hewitt community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$245,308$244,108▼ $1,200
Accounts Receivable$11,369$20,960▲ $9,591
Prepaid Expenses and Deferred Charges$3,245$7,498▲ $4,253
Land, Buildings, and Equipment, Net$4,429$2,957▼ $1,472
Total Assets$264,351$275,523▲ $11,172
Liabilities
Deferred Revenue$7,690$14,762▲ $7,072
Accounts Payable and Accrued Expenses$3,028$3,324▲ $296
Total Liabilities$10,718$18,086▲ $7,368
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$253,633$257,437▲ $3,804
Total Net Assets Fund Balance$253,633$257,437▲ $3,804
Total Liabilities and Net Assets / Fund Balance$264,351$275,523▲ $11,172

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,957$16,786$19,743
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jeff NunesPast President
Anna HoffmanPresident
Diana Crow1st Vice President
Michael Wyatt2nd Vice President
Brian BlackDirector
Clint AllenDirector
Dena LindDirector
Donna MuhlmanDirector
Donny HunterDirector
Frank ThomasDirector
Gram ShortDirector
Gregg DunganDirector
Ian DawsonDirector
Jean Ann HooverDirector
Jeanne RiegerDirector
Jeff StubbsDirector
Jose NeiraDirector
Katy ReddingDirector
Ken NobleDirector
Kylee TicknorDirector
Lori RobbDirector
Matthew BourdreauxDirector
Reece FloodDirector
Regina MartinezDirector
Richard NettlesDirector
Scott HedgesDirector
Shawna RoscomDirector
Suzi PagelDirector
Terry HuntDirector
Trish MenchuDirector
Alissa CadyExecutive Director
Dana BroadwayGwc Liaison
Bo ThomasHonorary Member
Cassie ThomasSecretary
Lindsey SkinnerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$100,444
Program Service Revenue
$64,640
Investment Income
$1,253
Other Revenue
$9,527
Change in Net Assets
$3,804
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$152,074
Grants and Similar Amounts Paid$10,000
Other Expenses$9,986
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$71,668-$71,668
Current Officers, Directors, Trustees, and Key Employees$69,011--$69,011
Office Expenses$7,236$8,087-$15,323
Payroll Taxes$5,531$5,744-$11,275
Grants to Domestic Individuals$10,000--$10,000
Advertising$8,407--$8,407
Fees for Services Other-$7,905-$7,905
Conferences and Meetings$5,293--$5,293
Other Expenses$7,017$3,119-$3,119
Insurance$1,526$381-$1,907
Depreciation Depletion$1,178$294-$1,472
Travel$1,156$289-$1,445
Information Technology$890--$890
Pension Plan Contributions$120--$120
All Other Expenses$-27,363$-29,152-$-56,515
Total Functional Expenses$90,002$82,058$0$172,060
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$58,305
Fundraising Gross Income$39,052
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf$35,367$13,735$16,604$-2,869
Banquet$29,934$11,222$3,134$8,088
Total Events$109,496$39,052$58,304$-19,252
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Local businesses are members of the greater hewitt chamber of commerce.

Form 990, Part VI, Section A, Line 7A

The members elect the board of directors.

Form 990, Part VI, Section B, Line 11B

The form 990 is prepared by an accounting firm with information provided by the executive director, director of finance, and board treasurer. The board excutive committee,director of finance and executive director reviews the information provided to the preparer before the 990 is filed.in addition, a copy of the 990 is distributed by email to all board members before it is filed. The form 990 is then reviewed by the full board at the board meeting immediately following its submission.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy is included as a part of the personnel manual which is distributed to every employee. It is also included in the board of directors' packet. The policy is reviewed by the staff and board on an annual basis and applies to all staff and board members. If a conflict of interest exists with any staff member(other than the executive director) it will be reviewed by the executive director. If a conflict of interest exists with any board member or the executive director, it will be reviewed by the board. If anyone has a conflict of interest regarding a transaction, they are prohibited from participating in deliberations or decisions regarding the transaction. The executive director and director of finance monitor transactions so that no undisclosed conflicts of interest arise throughout the year.

Form 990, Part VI, Section B, Line 15A

The compensation for the executive director is reviewed on an annual basis by the executive committee, which also serves as the personnel committee. The executive committee makes a recommendation to the board regarding the compensation of the executive director, which is subject to approval by the full board. The executive committee, along with the executive director, reviews the compensation for all exempt staff and other key employees. Pay ranges for all other employees are reviewed by the executive committee. The compensation for all exempt staff and key employees were submitted by the executive director for review by the executive committee and approved by board at its may 2019 board meeting.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public by request at its office at 220 n 11th street, waco,tx, as well as a public disclosure copy available on its website.

Filing and Contact Details

Filer

Filer Name
Greater Hewitt Chamber of Commerce
EIN
74-1981794
Phone
2546661200
Address
P O BOX 661, HEWITT, TX 76643

Signing Officer

Name
Alissa Cady
Title
Executive Director
Phone
2546661200
Signed
2023-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alissa Cady
Formed
1978
Legal Domicile
TX
Voting Board Members
32
Independent Board Members
32
Employees
4
Volunteers
88

Preparer

Firm
Jaynes Reitmeier Boyd & Therrell Pc
Address
5400 BOSQUE BLVD STE 600, WACO, TX 76710-4459
Preparer
Connie Berry
Phone
2547764190
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The chamber is a nonprofit organization under section 501(c)(6) of the internal revenue code and is generally not subject to federal or state income taxes. The chamber recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. The chamber records interest and penalties related to unrecognized tax benefits in other expenses.

Raw XML AppendixShowing 400 of 632 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
IRS990/AccountantCompileOrReviewInd00
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IRS990/AccountsReceivableGrp/EOYAmt020960
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE GREATER HEWITT CHAMBER OF COMMERCE WAS ORGANIZED TO PROMOTE AN ENVIRONMENT OF GOODWILL AND PROSPERITY AMONG BUSINESS, CITIZENS, AND COMMUNITY ORGANIZATIONS IN THE GREATER HEWITT, TEXAS AREA. THE CHAMBER STRIVES TO FOSTER, PROTECT, AND PROMOTE, THE COMMERCIAL, INDUSTRIAL, CIVIC, AGRICULTURAL AND GENERAL INTERESTS OF THE GREATER HEWITT COMMUNITY.
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IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0101 THIRD ST
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IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
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IRS990/CYTotalRevenueAmt0175864
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IRS990/DepreciationDepletionGrp/TotalAmt01472
IRS990/Desc0PROMOTION OF ECONOMIC GROWTH IN THE GREATER HEWITT AREA. AS OF 2022, THE CHAMBER REPRESENTS 501 MEMBERS, OVER 23,000 JOBS AND 35 NON-PROFIT ORGANIZATIONS IN THE GREATER HEWITT AREA.
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IRS990/Form990PartVIISectionAGrp/PersonNm5ANNA HOFFMAN
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IRS990/Form990PartVIISectionAGrp/PersonNm11GREGG DUNGAN
IRS990/Form990PartVIISectionAGrp/PersonNm12IAN DAWSON
IRS990/Form990PartVIISectionAGrp/PersonNm13JEAN ANN HOOVER
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IRS990/Form990PartVIISectionAGrp/PersonNm15JOSE NEIRA
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IRS990/Form990PartVIISectionAGrp/PersonNm18MICHAEL WYATT
IRS990/Form990PartVIISectionAGrp/PersonNm19REGINA MARTINEZ
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IRS990/Form990PartVIISectionAGrp/PersonNm31KEN NOBLE
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7GWC LIAISON
IRS990/Form990PartVIISectionAGrp/TitleTxt81ST VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt182ND VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28HONORARY MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt31DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt32DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt33DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt34EXECUTIVE DIRECTOR
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IRS990/FormationYr01978
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
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IRS990/MissionDesc0THE PURPOSE OF THE CHAMBER SHALL BE TO PROMOTE AN ENVIRONMENT OF GOODWILL AND PROSPERITY AMONG THE BUSINESSES, CITIZENS AND COMMUNITY ORGANIZATIONS IN THE GREATER HEWITT AREA. THE ORGANIZATION WILL STRIVE TO FOSTER, PROTECT AND PROMOTE THE COMMERCIAL, INDUSTRIAL, CIVIC, AGRICULTURAL AND GENERAL INTERESTS OF THE GREATER HEWITT COMMUNITY. WHILE ENCOURAGING ECONOMIC DEVELOPMENT THE CHAMBER PROVIDES A BUSINESS ENVIRONMENT WHERE EVERYONE HAS THE OPPORTUNITY TO BUILD, NETWORK AND PROMOTE THEIR BUSINESSES.
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IRS990/OtherExpensesGrp/Desc0DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1COMMUNITY DEVELOPMENT
IRS990/OtherExpensesGrp/Desc2CREDIT CARD FEES
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08369

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