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Richardson Chamber of Commerce

EIN 75-0959636 · Richardson, TX

Public records raise at least one point you should look into before giving.

LegitimacyCautionRegistration and standingFinancial healthNot ratedToo small or too little detailGovernanceNot ratedToo small or too little detailImpact evidenceDescribes programsHow well its results are evidenced

What it says it does

Develop, promote and foster a continually growing, diverse and vibrant business community and civic climate in Richardson and the surrounding area.

Income
$916,412
Spending
$918,438
Employees
8
Volunteers
52
Highest pay
$137,796, ceo

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate

Financial health

We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate

Governance

This return does not answer enough of the governance questions to score.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (5)
  1. $571,838 spent. Program services to develop, promote and foster a continually growing, diverse and vibrant business community and civic climate in Richardson and the surrounding area.
  2. $51,291 spent. Leadership Richardson: The Richardson Chamber of Commerce has been driving business success in Richardson for more than 75 years. Times have changed since we opened our doors, but our goal remains the same: to serve as the cornerstone of economic and community development in the City of Richardson.
  3. $30,160 spent. Annual meeting: number of people served, 207, successfully transitioned the event from a luncheon to a networking event in the evening with a featured speaker, awards and citizen of the year announcement and video.
  4. $25,007 spent. Golf tournament: number of people served, 148, held the 37th Annual Golf Classic at Sherrill Park Golf Course #1 with expanded sponsorship opportunities, team and twosome play, contests, and an awards reception.
  5. $6,715 spent. EDGE awards: number of people served, 105, created enhanced and collaborative event with two Richardson Rotaries, moved to evening with a significant amount of networking time, reworked the awards to better reflect desired economic development drivers for city of Richardson.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Caution.

    The IRS master file records contributions to this 501(c)(6) business league as not deductible.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 1947.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.