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GATESVILLE CHAMBER OF COMMERCEFOUNDATION: Form 990EZ, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
GATESVILLE CHAMBER OF COMMERCEFOUNDATION (EIN 26-0715674)
Tax period
2014-01-01 to 2014-12-31
Filed
2015-07-23
IRS object ID
201512049349200021
Schema version
2014v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2015-07-23T11:06:51-07:00ReturnTs
Tax Period End2014-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Roberts and Waters CPASBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12330 S Hwy 36AddressLine1Txt
CityGatesvilleCityNm
State AbbreviationTXStateAbbreviationCd
ZIP765282553ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2014-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN260715674EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GATESVILLE CHAMBER OF COMMERCEBusinessNameLine1Txt
Business Name Line2FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlGATEBusinessNameControlTxt
Phone2548652617PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12307 HIGHWAY 36 SOUTHAddressLine1Txt
CityGATESVILLECityNm
State AbbreviationTXStateAbbreviationCd
ZIP76528ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJustin CarothersPersonNm
Person TitleTreasurerPersonTitleTxt
Signature2015-07-23SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCindy J WatersPreparerPersonNm
PTINP00172645PTIN
Phone2542481418PhoneNum
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-02-25 16:41:14ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website AddressN/AWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Gross Receipts$51,694GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$10,000ContributionsGiftsGrantsEtcAmt
Investment Income$14InvestmentIncomeAmt
Cost Or Other Basis Expense Sale$0CostOrOtherBasisExpenseSaleAmt
Gaming Gross Income$41,680GamingGrossIncomeAmt
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Special Events Direct Expenses$22,316SpecialEventsDirectExpensesAmt
Special Events Net Income Loss$19,364SpecialEventsNetIncomeLossAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt
Total Revenue$29,378TotalRevenueAmt
Fees And Other Pymt To Ind Cntrct$550FeesAndOtherPymtToIndCntrctAmt
Occupancy Rent Utlts And Maint$80OccupancyRentUtltsAndMaintAmt
Other Expenses Total$9,724OtherExpensesTotalAmt
Total Expenses$10,354TotalExpensesAmt
Excess Or Deficit For Year$19,024ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$68,650NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$87,674NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$1,763BOYAmt
EOY$8,524EOYAmt

Land And Buildings LandAndBuildingsGrp

FieldValueIRS element (for citing)
BOY$88,014BOYAmt
EOY$84,584EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$2,170BOYAmt
EOY$1,551EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$91,947BOYAmt
EOY$94,659EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$23,297BOYAmt
EOY$6,985EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$68,650BOYAmt
EOY$87,674EOYAmt
FieldValueIRS element (for citing)
Primary Exempt PurposeTo preserve the Cotton Belt Depot Building which houses the Gatesville Chamber of Commerce (GCC) by providing funds for renovation and upkeep as needed.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomThe Foundation raised over $19,000 after expenses in funds needed to restore the Cotton Belt Depot Building by organizing and promoting a Progressive Dinner Auction/Cash Giveaway. Each year the Board assesses the necessary improvements needed to maintain the historic building. During 2014 no major repairs were made to the building. The funds raised were used to apply an additional lump sum to the outstanding loan balance.DescriptionProgramSrvcAccomTxt
Grants And Allocations$31,679GrantsAndAllocationsAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$31,679TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (8 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Greg Casey
President2.00$0
Gail Shelton
Director0$0
Michael Gohlke
Ex-Officio Dir0$0
Carla Manning
Director2.00$0
Denise Mooney
Director1.00$0
Rick Copp
Vice President1.00$0
Justin Carothers
Treasurer1.00$0
Denise Veach
Director1.00$0
FieldValueIRS element (for citing)
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptfalseChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Organization Filed990 TfalseOrganizationFiled990TInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Form1120 Pol FiledfalseForm1120PolFiledInd
Made Loans To From OfficersfalseMadeLoansToFromOfficersInd
Initiation Fees And Cap Contri$0InitiationFeesAndCapContriAmt
Gross Receipts For Public Use$0GrossReceiptsForPublicUseAmt
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonAMANDA SUMMERSPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12307 HIGHWAY 36 SOUTHAddressLine1Txt
CityGATESVILLECityNm
State AbbreviationTXStateAbbreviationCd
ZIP76528ZIPCd
FieldValueIRS element (for citing)
Phone2548652617PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccountInd
Foreign OfficefalseForeignOfficeInd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Form720 FiledfalseForm720FiledInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
School OperatingfalseSchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Related Org Sect527 OrgfalseRelatedOrgSect527OrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (true)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$9,225CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,730CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$600CurrentTaxYearMinus1YearAmt
Current Tax Year$10,000CurrentTaxYearAmt
Total$30,555TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$9,225CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$5,730CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$5,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$600CurrentTaxYearMinus1YearAmt
Current Tax Year$10,000CurrentTaxYearAmt
Total$30,555TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$0SubstantialContributorsTotAmt
Public Support Total170$30,555PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$73CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$27CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$18CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$18CurrentTaxYearMinus1YearAmt
Current Tax Year$14CurrentTaxYearAmt
Total$150TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$48,651CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$49,384CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$45,473CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$41,297CurrentTaxYearMinus1YearAmt
Current Tax Year$41,680CurrentTaxYearAmt
Total$226,485TotalAmt
FieldValueIRS element (for citing)
Total Support$257,190TotalSupportAmt
Public Support CY1700.11880PublicSupportCY170Pct
Public Support PY1700.11050PublicSupportPY170Pct
Ten Pct Facts Crcmstncs Test CYYes (X)TenPctFactsCrcmstncsTestCYInd
Facts And Circumstances TestCurrent Year Facts and Circumstances: More than 10% of the support for the Foundation comes from the general public. The Organization was created to raise funds to preserve and maintain the historic Cotton Belt Depot building which houses the Gatesville Chamber of Commerce and this activity was described in their Form 1023 application for exemption. The Board of Directors works together to plan an event that will raise the funds needed to provide the upkeep and keeps the community aware of the progress made in keeping the Depot in good condition. The community is very proud to have the building saved from demolition and general public is invited to the fundraising event.FactsAndCircumstancesTestTxt

Schedule G IRS990ScheduleG

Gaming Information GamingInformationGrp

FieldValueIRS element (for citing)
Volunteer Labor BingofalseVolunteerLaborBingoInd
Volunteer Labor Pull TabsfalseVolunteerLaborPullTabsInd
Gross Revenue Other Gaming$41,680GrossRevenueOtherGamingAmt
Cash Prizes Other Gaming$13,230CashPrizesOtherGamingAmt
Non Cash Prizes Other Gaming$1,325NonCashPrizesOtherGamingAmt
Rent Fclty Costs Other Gaming$730RentFcltyCostsOtherGamingAmt
Oth Direct Expnss Other Gaming$1,297OthDirectExpnssOtherGamingAmt
Volunteer Labor Other GamingYes (true)VolunteerLaborOtherGamingInd
Volunteer Labor Other Gaming1.00000VolunteerLaborOtherGamingPct
Gross Revenue Total Gaming$41,680GrossRevenueTotalGamingAmt
Cash Prizes Total Gaming$13,230CashPrizesTotalGamingAmt
Non Cash Prizes Total Gaming$1,325NonCashPrizesTotalGamingAmt
Rent Fclty Costs Total Gaming$730RentFcltyCostsTotalGamingAmt
Oth Direct Expnss Total Gaming$1,297OthDirectExpnssTotalGamingAmt
Direct Expense Summary Gaming$16,582DirectExpenseSummaryGamingAmt
Net Gaming Income Summary$25,098NetGamingIncomeSummaryAmt
FieldValueIRS element (for citing)
States Where Gaming ConductedTXStatesWhereGamingConductedCd
LicensedfalseLicensedInd
Explanation If NoThe special event fundraisers held by the Organization were each held one time during the year. The events were run by volunteers/directors and such fundraisers were planned and disclosed on Form 1023, Application for Recognition of Exemption under Sec 501(c)(3). Texas does not require registration.ExplanationIfNoTxt
License Suspended EtcfalseLicenseSuspendedEtcInd
Gaming With NonmembersYes (true)GamingWithNonmembersInd
Member Of Other EntityfalseMemberOfOtherEntityInd
Gaming Other Facility1.00000GamingOtherFacilityPct
Individual With BooksAmanda SummersIndividualWithBooksNm

Persons With Books US Address PersonsWithBooksUSAddress

FieldValueIRS element (for citing)
Address Line12307 Highway 36 SouthAddressLine1Txt
CityGatesvilleCityNm
State AbbreviationTXStateAbbreviationCd
ZIP76528ZIPCd
FieldValueIRS element (for citing)
Cntrct With3rd Prty For Game RevfalseCntrctWith3rdPrtyForGameRevInd
Charitable Distribution RqrfalseCharitableDistributionRqrInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (10 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Other Expenses.1002Office Expenses $15
Other Expenses.1008Interest $405
Other Expenses.1009Depreciation $4049
Other Expenses.1012Insurance $2329
Other Expenses.14th of July fireworks $2500
Other Expenses.2Penalties/interest $426
Other Assets.1002Furniture and Fixtures - Beginning $2170 Furniture and Fixtures - Ending $1551
Total Liabilities.1007Secured Mortgages and Notes Payable - Beginning $20204 Secured Mortgages and Notes Payable - Ending $6691
Total Liabilities.1Due to Chamber - Beginning $293 Due to Chamber - Ending $293
Total Liabilities.2Give-away Withholding - Beginning $2800 Give-away Withholding - Ending $0

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