CSCharityScored
44

Hobbs Chamber Of Commerce Inc

Other · Hobbs, New Mexico

400 N Marland Blvd, Hobbs, NM 88240-6330

EIN: 850043220· Founded: Feb 1968· 58 years active· Filing Year: 2023

Annual Revenue

$293K

Total Expenses

$284K

Total Assets

$292K

Program Spending

38%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$59K

20.9% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$94K

Total Payroll

$153K

54% of total expenses

Where the Money Goes

38%
Programs: 38%
Payroll: 54%
Other overhead: 62%
Program Revenue$108K (37%)
Total Expenses$284K (97%)
Payroll$153K (54%)
Overhead (non-program)62%

Trust Score Breakdown

Program Spending Ratio

38% of expenses go to programs

40%

Revenue & Stability

$293K annual revenue

15%

Executive Compensation

$59K total officer comp (20.9% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$292K in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.