Brownsville Chamber of Commerce
Nonprofit profile at a glance
- EIN
- 740530305
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Brownsville, TX, USA
- Phone
- 9565424341
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $484,279
- Expenses
- $505,388
- Assets
- $558,984
- Liabilities
- $173,012
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- ESMERALDA VILLARREAL (President & CEO)
Highest reported compensation
- ESMERALDA VILLARREAL (President & CEO): $80,190 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The brownsville chamber of commerce is a member driven business organization whose principal mission is to promote the diversity and uniqueness of the community, to act as a primary resource for businesses and individuals in the area and to discuss, review and act on programs designed to improve the overall business climate in the region.
What it reported doing in 2024
Events and membership activities have been conducted to unite members in their efforts to fulfill the mission of the chamber. The time and talents of its members focus on the important business and civic issues of the community, helping to create a climate of growth and success.
Operating model
- Revenue model
- Membership-supported. 68% of the money available for current operations came from membership dues.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 83
- Accountability: 87
- Sustainability: 31
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.2%; rating input score 95
- Program expense ratio: 91.2%; rating input score 91
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 19th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 95.2%; rating input score 95; 26th percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -4.4%; rating input score 30; 30th percentile among comparable filings
- Total-asset coverage ratio: 1.11; rating input score 43; 43rd percentile among comparable filings
- Liabilities to assets ratio: 0.31; rating input score 15; 15th percentile among comparable filings
- Officer compensation ratio: 15.9%; rating input score 23; 23rd percentile among comparable filings
Growth
- Program expense growth: 1.5% per year; rating input score 100; 37th percentile among comparable filings
- Revenue growth: 1.7% per year; rating input score 100; 33rd percentile among comparable filings
- Asset growth: 0.2% per year; rating input score 100; 25th percentile among comparable filings
Details
- Where the money goes: 95.2% of revenue deployed · 91.2% of spending went to programs
- Governance: 20 of 21 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $461K in reported program spending
- Leadership: top reported pay $80K · 21 people listed
- Consistency: 24 of 25 current checks pass · 1 finding to review
- Schedules: 4 filed schedules
- Filing history: 14 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 30/100.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
- High — Sustainability: Liabilities to assets ratio scored 15/100.
- High — Sustainability: Officer compensation ratio scored 23/100.