TY 2024 Form 990EZ

Check if applicable:

Address change

Name change

Initial return

Final return/terminated

Amended return

Application pending

C Name of organization
Stemmons Corridor Business Association

Number and street (or P. O. box, if mail is not delivered to street address)2050 Stemmons Freeway 117
Room/suite

City or town, state or province, country, and ZIP or foreign postal code Dallas, TX75207

D Employer identification number

75-1850470

E Telephone number

(214) 760-8913

F Group Exemption
Number bullet

Part ⅢStatement of Program Service Accomplishments (see the instructions for Part III) Check if the organization used Schedule O to respond to any question in this Part III . .	Expenses (Required for section 501(c)(3) and 501(c)(4) organizations; optional for others.)
What is the organization's primary exempt purpose? To promote and support the mutual business interests of its members through unified advocacy leading to sustainable economic growth and an attractive, accessible and safe business environment in the Stemmons Corridor.
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.
28 The Stemmons Corridor Business Association (SCBA) is a non-profit business group that promotes and supports the mutual business interests of the employees and customers of its members through unified advocacy leading to sustainable economic growth and an attractive, accessible and safe business environment in the Stemmons Corridor.With a small residential voter base, the SCBA has strong relationships with city leaders to lobby for tax dollars to be invested back into the corridor. The SCBA works with community leaders on various Dallas issues. The SCBA is also committed to a strong relationship with the Dallas Police Department.The SCBA represents a business community that includes more than 5,000 businesses employing nearly 170,000 people. We provide our members with information, advocacy, and action and host numerous meetings per year to inform our members and provide them with a venue to network. SCBA - "Helping Businesses Do Business." (Grants $ ) If this amount includes foreign grants, check here ...		28a
29 (Grants $ ) If this amount includes foreign grants, check here ...		29a
30 (Grants $ ) If this amount includes foreign grants, check here ...		30a
31 Other program services (describe in Schedule O) ................ (Grants $ ) If this amount includes foreign grants, check here...	31a
32 Total program service expenses (add lines 28a through 31a)..........	32

(a) Name and title	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC) (if not paid, enter -0-)
Charli Petersen Executive Dir.	40.00	33,791
Michael Schneider Chairman	0	0
Jeff Madsen Treasurer	0	0
Hanes Chatham Vice Chairman	0	0
Gabriela Gilmore Executive Dir.	40.00	47,372

Yes

Did the organization engage in lobbying activities or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II .......................

Is the organization a school as described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E ..

49a

Did the organization make any transfers to an exempt non-charitable related organization?......

49a

If "Yes," was the related organization a section 527 organization?................

49b

Complete this table for the organization's five highest compensated employees (other than officers, directors, trustees and key employees) who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and title of each employee	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation	(e) Estimated amount of other compensation
NONE

Total number of other employees paid over $100,000 ............. bullet

Complete this table for the organization's five highest compensated independent contractors who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and business address of each independent contractor	(b) Type of service	(c) Compensation
NONE

Return Reference	Explanation
Other Expenses.1001	Advertising and Promotion $4684
Other Expenses.1002	Office Expenses $4822
Other Expenses.1005	Travel $108
Other Expenses.1007	Conferences, Conventions, and Meetings $45126
Other Expenses.1012	Insurance $375
Other Expenses.1	Credit Card Merchant Fees $3386
Other Expenses.2	Education $2500
Other Expenses.3	Payroll: ADP Charge $1297
Other Assets.1005	Accounts Receivable - Beginning $3000 Accounts Receivable - Ending $4800

Return Reference

Explanation

Other Expenses.1001

Advertising and Promotion $4684

Other Expenses.1002

Office Expenses $4822

Other Expenses.1005

Travel $108

Other Expenses.1007

Conferences, Conventions, and Meetings $45126

Other Expenses.1012

Insurance $375

Other Expenses.1

Credit Card Merchant Fees $3386

Other Expenses.2

Education $2500

Other Expenses.3

Payroll: ADP Charge $1297

Other Assets.1005

Accounts Receivable - Beginning $3000 Accounts Receivable - Ending $4800

1	Contributions, gifts, grants, and similar amounts received ....................	1	15,708
2	Program service revenue including government fees and contracts ................	2	57,840
3	Membership dues and assessments .............................	3	86,167
4	Investment income ....................................	4	216
5a	Gross amount from sale of assets other than inventory .......	5a
b	Less: cost or other basis and sales expenses ............	5b	0
c	Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......	5c
6	Gaming and fundraising events
a	Gross income from gaming (attach Schedule G if greater than $15,000)	6a
b	Gross income from fundraising events (not including $ of contributions from fundraising events reported on line 1) (attach Schedule G if the			sum of such gross income and contributions exceeds $15,000) ..	6b	0
c	Less: direct expenses from gaming and fundraising events ...	6c	0
d	Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)	6d
7a	Gross sales of inventory, less returns and allowances ......	7a
b	Less: cost of goods sold .............	7b	0
c	Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........	7c
8	Other revenue (describe in Schedule O) ....................	8
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8 ..............	9	159,931

10	Grants and similar amounts paid (list in Schedule O) ................	10
11	Benefits paid to or for members ......................	11
12	Salaries, other compensation, and employee benefits ................	12	89,069
13	Professional fees and other payments to independent contractors ............	13	3,000
14	Occupancy, rent, utilities, and maintenance ...................	14	15,708
15	Printing, publications, postage, and shipping ...................	15	332
16	Other expenses (describe in Schedule O) ...................	16	62,298
17	Total expenses. Add lines 10 through 16 .................	17	170,407

18	Excess or (deficit) for the year (Subtract line 17 from line 9) ............	18	-10,476
19	Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with
	end-of-year figure reported on prior year’s return) .................	19	60,758
20	Other changes in net assets or fund balances (explain in Schedule O) ...........	20
21	Net assets or fund balances at end of year. Combine lines 18 through 20 ..........	21	50,282

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Software ID:	24020490
Software Version:	2024v5.1