Civic Intelligence

Rankin Chamber of Commerce

EIN 75-2384742 • 501(c)3 • Rankin, TX

Profile

We successfully provided our annual college scholarships to a local high school student We promoted tourism and commerce by bringing in over 1000 attendees to Barbados Fundraising Event We promoted businesses throughout the community

PO Box 34Rankin, TX 79778

www.rankinchamber.com

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

51st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • <$500k nonprofits • Source year 2025

Net Margin

28th percentile

-13%

Higher net margin than 28% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2025

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2025

Asset Growth

14th percentile

-52%

Faster asset growth than 14% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

97th percentile

161%

Faster revenue growth than 97% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Up

$94,230

Up $1,885 (+2.0%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$94,230

Up $1,885 (+2.0%) from 2023

Revenue

Down

$23,169

Down $22,000 (-49%) from 2023

Expenses

Up

$21,404

Up $16,778 (+363%) from 2023

Net Income

Down

$1,765

Down $38,778 (-96%) from 2023

Trend Graphs

Balance Sheet Trend

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

$100K$50K$0Assets 2011: $64,169Net Assets 2011: $64,1692011Assets 2012: $63,526Net Assets 2012: $63,5262012Assets 2013: $68,566Net Assets 2013: $68,5662013Assets 2014: $62,311Net Assets 2014: $62,3112014Assets 2022: $51,802Liabilities 2022: $0Net Assets 2022: $51,8022022Assets 2023: $92,345Liabilities 2023: $0Net Assets 2023: $92,3452023Assets 2024: $94,230Net Assets 2024: $94,2302024

Highlighted filing

2024

Assets$94,230
Liabilities-
Net Assets$94,230

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2011: $12,173Expenses 2011: $26,639Net Income 2011: -$14,4662011Revenue 2012: $26,081Expenses 2012: $26,724Net Income 2012: -$6432012Revenue 2013: $34,442Expenses 2013: $29,402Net Income 2013: $5,0402013Revenue 2014: $12,844Expenses 2014: $19,099Net Income 2014: -$6,2552014Revenue 2022: $4,461Expenses 2022: $2,576Net Income 2022: $1,8852022Revenue 2023: $45,169Expenses 2023: $4,626Net Income 2023: $40,5432023Revenue 2024: $23,169Expenses 2024: $21,404Net Income 2024: $1,7652024

Highlighted filing

2024

Revenue$23,169
Expenses$21,404
Net Income$1,765

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 25, 2025
Return Version
2024v5.0
Gross Receipts
$95,581
Mission and Program Overview

Mission

We successfully provided our annual college scholarships to a local high school student We promoted tourism and commerce by bringing in over 1000 attendees to Barbados Fundraising Event We promoted businesses throughout the community

To promote commerce and support community growth in Rankin, Texas.

Program Services

DescriptionGrantsExpenses
Barbados World Championship Cook-off (Largest event hosted in Rankin, Texas. Families from all over come and enjoy three days of entertainment for free over Memorial Day Weekend: 5000 people impacted)-$72,412
Donations to Rankin Food Pantry (provides free food for those in need in Upton County, Texas: 2000 people impacted)$7,000-
Scholarships to Rankin ISD Graduates (Helps Rankin ISD pay for college tuition and other costs: 5 people impacted)$3,750-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Corey OwensChamber PresidentPT$0--
Will LangleyChamber Vice PresidentPT$0--
Bianca GrayChamber SecretaryPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 2-$0-$0
Barbados Cook-Off$37,284$-20,716$13,706$-34,422
Total Events$37,284$-20,716$72,412$-93,128
Political and Lobbying Activity
In-house lobbying only
No
Filing and Contact Details

Filer

Filer Name
Rankin Chamber of Commerce
EIN
75-2384742
Phone
2545921667
Address
PO Box 34, Rankin, TX 79778

Signing Officer

Name
Corey Owens
Title
Chamber President
Phone
2545921667
Signed
2025-07-25
Supplemental Narrative

Additional Explanations

Part I, Line 10

Scholarships and Donations (Scholarships to local graduates and donations to the local food pantry)

Raw XML Appendix136 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/PersonNm0Bianca Gray
IRS990EZ/BooksInCareOfDetail/PhoneNum04325572381
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 94
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Rankin
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd079778
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt051022
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt052787
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CntrctRcvdGreaterThan100KCnt00
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IRS990EZ/GrantsAndSimilarAmountsPaidAmt011250
IRS990EZ/GrossReceiptsAmt095581
IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/LandAndBuildingsGrp/BOYAmt041443
IRS990EZ/LandAndBuildingsGrp/EOYAmt041443
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt0106
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt092465
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IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt092465
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt094230
IRS990EZ/OccupancyRentUtltsAndMaintAmt03403
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt08.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt18.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Corey Owens
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Will Langley
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Bianca Gray
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chamber President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Chamber Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Chamber Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherEmployeePaidOver100kCnt00
IRS990EZ/OtherExpensesTotalAmt02780
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To promote commerce and support community growth in Rankin, Texas.
IRS990EZ/PrintingPublicationsPostageAmt01143
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Donations to Rankin Food Pantry (provides free food for those in need in Upton County, Texas: 2000 people impacted)
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Scholarships to Rankin ISD Graduates (Helps Rankin ISD pay for college tuition and other costs: 5 people impacted)
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Barbados World Championship Cook-off (Largest event hosted in Rankin, Texas. Families from all over come and enjoy three days of entertainment for free over Memorial Day Weekend: 5000 people impacted)
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt07000
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt13750
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt072412
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt072412
IRS990EZ/SpecialEventsNetIncomeLossAmt0-35128
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0TX
IRS990EZ/SubjectToProxyTaxInd0true
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt021404
IRS990EZ/TotalProgramServiceExpensesAmt072412
IRS990EZ/TotalRevenueAmt023169
IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationOtherInd0X
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IRS990ScheduleC/DuesAssessmentsAmt0106
IRS990ScheduleC/OnlyInHouseLobbyingInd0false
IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt030000
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt030000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt058000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt058000
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt072412
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt015000
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt015000
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IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt00
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt037284
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0-20716
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt013706
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Scholarships and Donations (Scholarships to local graduates and donations to the local food pantry)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 10
ReasonableCauseExplanation/ExplanationTxt0Our organization is a 501(c)6 because it is a Chamber of Commerce. I spoke with a representative at the IRS who informed us that we were classified as something different in the IRS system, which was an error. He told me to wait a month before I file 2024 taxes because they needed time to get our classification sorted out on their end.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Corey Owens
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chamber President
ReturnHeader/BusinessOfficerGrp/PhoneNum02545921667
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-07-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RANKIN CHAMBER OF COMMERCE
ReturnHeader/Filer/BusinessNameControlTxt0RANK
ReturnHeader/Filer/EIN0752384742
ReturnHeader/Filer/PhoneNum02545921667
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 34
ReturnHeader/Filer/USAddress/CityNm0Rankin
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd079778
ReturnHeader/ReturnTs02025-07-26T02:19:11Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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