Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Statement Note 1 | CIRCULATION INCOME IS COMPUTED BY USING THE THIRD METHOD PROVIDED BY SECTION 1.512(A)-1(F)(4)(III) OF THE REGULATIONS, "PRO RATA ALLOCATION OF MEMBERSHIP RECEIPTS." THE FORMULA IS AS FOLLOWS: TOTAL PERIODICAL COSTS--------------------------------- X MEMBERSHIP RECEIPTSTOTAL PERIODICAL COSTS PLUS COSTS OF OTHER EXEMPT ACTIVITIES 104,243--------------------------------- X 465,114 = 23,593 104,243 + 1,950,841 |
| Form 990, Part VI, Line 11b: Form 990 Review Process | A draft return was made available to the board of directors. Once approved by the board, the return was filed. |
| Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management | The TACC Executive Committee conducts performance reviews and compensation analysis for the compensated officers. The board also approves salary ranges for all other positions. The compensation for all other positions is controlled within the approved ranges by the Operating Officers. All salaries are based on area standards. |
| Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | The TACC Executive Committee conducts performance reviews and compensation analysis for the compensated officers. The board also approves salary ranges for all other positions. The compensation for all other positions is controlled within the approved ranges by the operating officers. All salaries are based on area standards. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | Disclosure of specified documents are made available to the public upon request. |
| Form 990, Part IX, Line 24e: Other Expenses | Area Development: Column (A) - Total = $3077; Column (B) - Program Services = $3077; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Brochures: Column (A) - Total = $22543; Column (B) - Program Services = $22543; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Budget and Finance: Column (A) - Total = $19567; Column (B) - Program Services = $19567; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Business Development: Column (A) - Total = $1634; Column (B) - Program Services = $1634; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Conferences and Seminars: Column (A) - Total = $3505; Column (B) - Program Services = $0; Column (C) - Management & General = $3505; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Convention & Visitor Promotion: Column (A) - Total = $21418; Column (B) - Program Services = $21418; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Convention Bids and Services: Column (A) - Total = $927; Column (B) - Program Services = $927; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | General and Administrative: Column (A) - Total = $20264; Column (B) - Program Services = $0; Column (C) - Management & General = $20264; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Inventory expenses: Column (A) - Total = $14712; Column (B) - Program Services = $14712; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Library: Column (A) - Total = $287; Column (B) - Program Services = $0; Column (C) - Management & General = $287; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Member Services: Column (A) - Total = $22240; Column (B) - Program Services = $22240; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Postage and Shipping: Column (A) - Total = $1913; Column (B) - Program Services = $0; Column (C) - Management & General = $1913; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | SECURITY: Column (A) - Total = $5535; Column (B) - Program Services = $0; Column (C) - Management & General = $5535; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Sponsorship: Column (A) - Total = $20000; Column (B) - Program Services = $20000; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | SPORTyler: Column (A) - Total = $16467; Column (B) - Program Services = $16467; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Utilities: Column (A) - Total = $3339; Column (B) - Program Services = $0; Column (C) - Management & General = $3339; Column (D) - Fundraising = $0 |
| Form 990, Part IX, Line 24e: Other Expenses | Website: Column (A) - Total = $7523; Column (B) - Program Services = $7523; Column (C) - Management & General = $0; Column (D) - Fundraising = $0 |
| FORM 990, SCHEDULE L, PART IV | Tyler Area Chamber of Commerce has a formal agreement with the Tyler Economic Development Council TED) for the joint promotion of Tyler. The agreement stipulated that the CEO/President of TEDC would also serve as the CEO of the Chamber.For the year ended September 30, 2022, the Chamber paid TEDC $27,492 to reimburse TEDC for payroll costs of shared employees and other miscellaneous expenses. This amount included $27,492 for CEO Scott Martinez.On January 1, 1999 TEDC entered into a fifteen year lease agreement with the Chamber. The agreement is renewable on an annual basis after maturity of the original agreement. Rent expenses paid to the Chamber from TEDC for 2022 were $40,194.As part of an agreement between the Chamber and the TEDC, $5,000 was paid to the TEDC as half of the proceeds from a special event. |
| Software ID: | 21013475 |
| Software Version: | 2021v4.1 |