TX 501(c)(3)

ARLINGTON CHAMBER OF COMMERCE FOUNDATION INC

ARLINGTON, TX Founded 2003 EIN 542085214
S20: Community Improvement, Capacity Building $45,500 budget Filed 2023 Verified profile

SERVE AS A SUPPORTING ORGANIZATION TO THE ARLINGTON CHAMBER OF COMMERCE AND TO LESSEN THE BURDENS OF THE ARLINGTON LOCAL GOVERNMENT WITH RESPECT TO MATTERS OF ECONOMIC DEVELOOPMENT AND URBAN LAND USE AND TO PROVIDE EDUCATION TO THE PUBLIC ABOUT LOCAL GOVERNMENT. FORM 990, PART VI, LINE 6 - CLASSES OF MEMBERS OR STOCKHOLDERS ORGANIZED WITH MEMBERS FORM 990, PART VI, LINE 7A - ELECTION OF MEMBERS AND THEIR RIGHTS THERE IS A NOMINATION PROCESS EVERY YEAR TO ELECT THE BOARD OF DIRECTOS. MEMBERS AND EMPLOYEES CAN MAKE RECOMMENDATIONS. FORM 990, PART VI, LINE 7B - DECISIONS SUBJECT TO APPROVAL OF MEMBERS DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO A VOTE BY THE BOARD. FORM 990, PART VI, LINE 12C - ENFORCEMENT OF CONFLICTS POLICY IS DISTRIBUTED AT YEAR END AND THE BOARD OF DIRECTOS VOTES ON ANY CHANGES AND THEY APPROVE THE POLICY, AND BOARD MEMBERS SIGN AN ACKNOWLEDGEMENET.

Total received from foundations
$4K
3 grants from 2 funders · 2019–2024
Annual revenue
$20,048
Annual expenses
$45,500
Total assets
$60,488
Months of operating reserves
16.0
assets / monthly burn
Funding history · IRS 990-PF public records

Who funds ARLINGTON CHAMBER OF COMMERCE FOUNDATION INC

$4K
Total received
2
Distinct funders
3
Grants on record
2019–2024
Span of records

Top funders by cumulative giving

  1. 1
    Fort Worth, TX · 2 grants · last 2020
    $2K
    cumulative
  2. 2
    Fort Worth, TX · 1 grant · last 2024
    $2K
    cumulative

Where the money came from (United States)

Texas counties the money came from

1 TX counties with funders on record
  1. 1 Tarrant 3 grants · $4K
For grant reviewers

Filing and contact details Data quality: 80%

Officer
MICHAEL JACOBSON
PRESIDENT/CE
Last 990 filed
2023
most recent IRS filing
Year founded
2003
IRS ruling year
EIN
542085214
NTEE classification
S20
Community Improvement, Capacity Building
From Form 990

Programs and activities

THE ARLINGTON CHAMBER OF COMMERCE FOUNDATION FOSTERS ECONOMIC AND COMMUNITY PROSPERITY IN THE GREATER ARLINGTON AREA. TO ACHIEVE THE MISSION, THE FOUNDATION RAISES AND RENDERS FINANCIAL SUPPORT FOR COMMUNITY PROJECTS, AS IDENTIFIED THROUGH THE ARLINGTON CHAMBER'S STRATEGIC OBJECTIVES, INCLUDING EDUCATION AND WORKFORCE DEVELOPMENT, REDEVELOPMENT AND REVITALIZATION, COMMUNITY PLANNING, AND GENERAL WELL-BEING INITIATIVES.
ARTS & ENTERTAINMENT SUPPORT-ELEVATES THE MULTI-CULTURAL TALENT FOUND IN ARLINGTON; DELIVERS AN "OPEN-TO-ALL" FREE WHOLESOME, FAMILY EXPERIENCE; UNIFIES THE COMMUNITY THROUGH STRONG PARTNERSHIPS; INTRODUCES THOUSANDS OF VISITORS TO ARLINGTON; AND GENERATES REVENUE IN A NON- TRADITIONAL TRAVEL PERIOD OF THE YEAR FOR LOCAL BUSINESSES.
Data provenance

About this profile

Built from the IRS Business Master File, Form 990 and 990-EZ filings, and public website enrichment. Funding history is derived from IRS Form 990-PF Schedule I grant records for private foundations. Data accuracy depends on how recently the organization filed. The data-quality score reflects how many fields are populated.

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