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Thibodaux Chamber of Commerce EIN 72-0634717

Thibodaux Chamber of Commerce

EIN  72-0634717 Business league / trade association Thibodaux, LA Founded 1966
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Size
$100K–1M
What they do
Promote commerce and provide leadership.
Leadership
Dr Juliann Allen · Board Member
Money in and out
$357K revenue, $338K expenses
Bottom line
+5% operating surplus

Promote commerce and provide leadership. For fiscal year 2025 it reported $357K in revenue, $338K in expenses, and $623K in net assets.Pt I

Membership & operating revenue · FY2025
Total revenue
$357K
Pt VIII · Ln 12
Total expenses
$338K
Pt IX · Ln 25
Net assets
$623K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $19K
Where spending went · Part IX cols B–D
Program services $0.75 Management & general $0.25
Operating surplus
+5%
revenue over expenses▲ +185% vs prior filing year
Earned revenue
54%
of revenue from program services & dues▼ -11% vs prior filing year
Payroll share
47%
of spending is salaries & benefits▼ -21% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$357K
FY2025▲ +49%
Expenses
$338K
FY2025▲ +33%
Total assets
$627K
FY2025▲ +3%
Total liabilities
$4K
FY2025▼ -50%
Total revenue
$357K
Pt VIII · Ln 12
Total expenses
$338K
Pt IX · Ln 25
Net assets
$623K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$19K
Total assetsPt X · Ln 16$627K
Program-expense ratioPt IX · col B75%
Voting members of governing bodyPt I · Ln 317
Independent voting membersPt I · Ln 417
Mission & Programs · Part III

Where the work happens

1 program service account for $255K of program spending, described in the organization's own filed words · FY2025.
01

Normal services by chamber of commerce to members and community

$255Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThibodaux Chamber of Commerce
EINHdr · item D72-0634717
Principal addressHdr · item CThibodaux, LA
WebsiteHdr · item Jwww.thibodauxchamber.com
Year of formationHdr · item L1966
State of legal domicileHdr · item MLA
Exempt statusHdr · item I501(c)(6) · active
NTEE classificationIRS BMFYouth Development (O50)
Ruling yearIRS BMFAug 1967

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a17
Independent voting membersPt VI · Ln 1b17
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Dr Juliann Allen
Board Member
$0Pt VII · Sec A
Lanesia Bangura
Board Member
$0Pt VII · Sec A
Dr Melanie Becnel
Board Member
$0Pt VII · Sec A
Nikki Boudreaux
Board Member
$0Pt VII · Sec A
Robert Cavell
Chair Elect
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
John Hue
Board Member
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue$194K · 54%
Other revenue$78K · 22%
Contributions & grants$75K · 21%
Investment income$10K · 3%
Program service revenue54%$194K
Other revenue22%$78K
Contributions & grants21%$75K
Investment income3%$10K
— government grantsLn 1e$5K
Total revenueLn 12$357K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.75 Management & general $0.25
Program services75%$255K
Management & general25%$83K
Total functional expensesLn 25$338K

Balance Sheet

Part X · end of year
CashLn 1$356K
Total assetsLn 16$627K
Total liabilitiesLn 26$4K
Total net assetsLn 32$623K
Months of cash on handcomputed12.6

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $356K · Operating expenses (Pt IX) $338K · Less non-cash grants $41K · Cash operating expenses/yr $298K
14.3 months
Where the money goes
Program services
Program services $255K · Total expenses $338K
75%
Management & General
Management & general $83K · Total expenses $338K
25%
Fundraising
Fundraising $0 · Total expenses $338K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $24K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $75K · Total revenue $357K
21%
Government reliance
Government grants $5K · Total revenue $357K
1%
Earned-income share
Program service revenue $194K · Total revenue $357K
54%
Investment reliance
Investment income $10K · Total revenue $357K
+3%
Program self-sufficiency
Program service revenue $194K · Total expenses $338K
57%
Growth & trend
Revenue growth (YoY)
This year $357K · Prior year $240K
+49%
Revenue CAGR
FY2020 $184K · FY2025 $357K
+14%
Net-asset trend (YoY)
End of year $623K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $357K · Expenses $338K
+5%
Liabilities-to-Assets
Total liabilities — · Total assets $627K
—
Net-asset ratio
Net assets $623K · Total assets $627K
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $627K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Dr Juliann Allen · Reported title BOARD MEMBER · Highest reported compensation $0 · Total expenses $338K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $160K · Total expenses $338K
47%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 75%——
Overhead ratio 25%——
Revenue growth 49%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$357K revenue · viewing · ⤓ 990 PDF
FY2024$240K revenue · ⤓ 990 PDF
FY2023$260K revenue · ⤓ 990 PDF
FY2022$258K revenue · ⤓ 990 PDF
FY2021$210K revenue · ⤓ 990 PDF
FY2020$184K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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