United Corpus Christi Chamber Foundation
Nonprofit profile at a glance
- EIN
- 742401712
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Corpus Christi, TX, USA
- Phone
- 3618811800
- Rating
- 54
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $321,007
- Expenses
- $270,569
- Assets
- $371,548
- Liabilities
- $17,755
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- MERIDA MAY MENDOZA (IMMEDIATE PAST PRESIDENT)
- AL ARREOLA JR (PRESIDENT & CEO)
Highest reported compensation
- AL ARREOLA JR (PRESIDENT & CEO): $164,985 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 chamber foundation assists small businesses in developing and marketing themselves and educational programs targeting leadership development, youth, air quality and other business related issues.
What it reported doing in 2024
Conquer the coast is an annual cycling event held in corpus christi, Texas, each september. The event features a 65-mile ride which encompasses the corpus christi bay including a beautiful sunrise ride over harbor bridge, a route through the coastal communities and fissing villages of portland, ingleside, aransas pass, and port aransas, a ferry ride across the intercoastal canal, a scenic cruise down padre island crossing over the jfk causeway, a tour through naval air station-corpus christi, and a bike friendly path down ocean drive.
Operating model
- Revenue model
- Earned-program. 97% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - Most voting board members are independent and revenue has grown recently. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 35
- Transparency & Controls: 55
- Accountability: 90
- Sustainability: 51
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 35.5%; rating input score 36
- Program expense ratio: 43.5%; rating input score 44
- Fundraising efficiency: $0 raised per $1 spent on fundraising; rating input score 1; 1st percentile among comparable filings
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 13th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd 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: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 15.7%; rating input score 69; 69th percentile among comparable filings
- Total-asset coverage ratio: 1.37; rating input score 49; 49th percentile among comparable filings
- Liabilities to assets ratio: 0.05; rating input score 33; 33rd percentile among comparable filings
- Officer compensation ratio: Limited
Growth
- Program expense growth: -3.4% per year; rating input score 0; 20th percentile among comparable filings
- Revenue growth: 4.4% per year; rating input score 100; 49th percentile among comparable filings
- Asset growth: 10.7% per year; rating input score 100; 68th percentile among comparable filings
Details
- Where the money goes: 35.5% of revenue deployed · 43.5% of spending went to programs
- Governance: 6 of 6 board members independent · 6 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $118K in reported program spending
- Leadership: top reported pay $165K · 6 people listed · 0 of 6 pay-setting controls reported
- Consistency: 15 of 16 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes executive pay
- Filing history: 12 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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 — Financial Efficiency: Mission deployment rate scored 36/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Moderate — Financial Efficiency: Program expense ratio scored 44/100.
- High — Financial Efficiency: Fundraising efficiency scored 1/100.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 33/100.