Overview

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Est.

1993

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Big Spring Chamber of Commerce Charitable Trust #1, with EIN 75-6440949, is dedicated to lessening the burden of local government by supporting civic activities organized by the Chamber of Commerce. For the 2024 filing year, the organization operates with a budget of $415.6K and reported total revenue of $106.8K, with a significant portion of its funding—approximately 306.9K—coming from an unknown source, indicating a reliance on a single funder for over 50% of its revenue. The organization does not have a publicly available website.

Mission Statement

LESSEN THE BURDEN OF LOCAL GOVERNMENT THROUGH SUPPORT OF CHAMBER OF COMMERCE CIVIC ACTIVITIES.
Revenues
$106.8K
Expenses
$415.6K
Net Income:
-$308.8K
Assets
$191.4K
Liabilities
$0
Net Assets:
+$191.4K
Operating Budget
$415.6K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$23K
Largest grant received
$23K
M
Mark Morgan
Board Member
M
Manny Negron
Board Member
M
Michelle Hamlin
Board Member

Frequently Asked Questions

What is BIG SPRING CHAMBER OF COMMERCE CHARITABLE TRUST #1’s budget?
In 2024, BIG SPRING CHAMBER OF COMMERCE CHARITABLE TRUST #1 reported an annual operating budget of around $416 thousand. More detailed financial information is available to registered users.
Where does BIG SPRING CHAMBER OF COMMERCE CHARITABLE TRUST #1 operate?
BIG SPRING CHAMBER OF COMMERCE CHARITABLE TRUST #1 is headquartered in Big Spring, TX.
Who funded BIG SPRING CHAMBER OF COMMERCE CHARITABLE TRUST #1 recently?
In 2024, BIG SPRING CHAMBER OF COMMERCE CHARITABLE TRUST #1 received grants from BIG SPRING AREA COMMUNITY FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant BIG SPRING CHAMBER OF COMMERCE CHARITABLE TRUST #1 received in 2024?
The largest grant to BIG SPRING CHAMBER OF COMMERCE CHARITABLE TRUST #1 in 2024 exceeds $23 thousand.