2025-10-15T06:41:54-07:00 2024-12-31 752593210 Sutton Frost Cary LLP 200 E Front St Suite 200 Arlington TX 76011 990 2024-01-01 472725448 GAY LESBIAN BISEXUAL TRANSGENDER CHAMBER OF COMMERCE FOUNDATION GAYL 2148214528 3824 CEDAR SPRINGS ROAD 429 DALLAS TX 75219 ANTHONY P VEDDA President 2025-10-15 true true Carroll Elizabeth Arnott P01965628 8176498083 2024 2025-03-06 01:10:19Z ANTHONY P VEDDA 3824 CEDAR SPRINGS ROAD 429 DALLAS TX 75219 90215 false X LGBTCHAMBERFOUNDATION.ORG X 2015 TX The Gay Lesbian Bisexual Transgender Chamber of Commerce Foundation develops leaders in the LGBTQ+ community. 13 13 0 80 0 70654 50882 -4100 23345 0 -22785 -5183 43769 69044 22500 24500 0 0 0 13804 26693 83729 49193 108229 -5424 -39185 128130 94470 5525 128130 88945 The Gay Lesbian Bisexual Transgender Chamber of Commerce Foundation develops leaders in the LGBTQ+ community. false false 58113 23345 Leadership InstituteThe LGBT Leadership Institute is a nine-month leadership development program that runs from September through May. In 2024, we graduated the fourth cohort of the lgbt leadership institute. About the LGBT Leadership Institute-The LGBT Chamber of Commerce Foundation Leadership Institute develops leadership skills for LGBT and Ally professionals. We provide a safe and nurturing environment to develop skills and explore the critical issues facing the LGBTQ+ community. The program presents a diverse cohort of participants with valuable leadership skills, knowledge, and a historical view of the LGBTQ+ community and the equality movement. Upon completing the nine-part program, participants will better understand the community and have obtained advanced leadership skills. 24500 24500 Scholarships-one fundraising event was held in 2024, the Scholar's Soiree.About the LGBT Chamber Foundation Scholarship Program-Since 2011, the LGBT Chamber of Commerce Foundation has awarded more than $150,000 in scholarships to deserving LGBTQ and ally students across Texas. The Foundation makes scholarship grants to students who self-identify as LGBTQ+, children of LGBTQ+ parent(s), and LGBTQ+ allies who have worked in support of the community in a significant way. The scholarship grants may be used for any accredited post-secondary education, including traditional colleges and universities, trade schools, and certificate programs. Applications are accepted for all degree programs, from undergraduate studies to Ph.D. candidates. 82613 true true false false false false false false false false true false false false false true false false false false false false false false true false false false true false false false false false false false false false false false false false false true false false false true 0 0 false 0 false false false false false true true false 0 false false false false false false false X 13 13 false false false false false false false true true false false true true true true true true false false false X X ANTHONY VEDDA 2148214528 3824 CEDAR SPRINGS RD 429 DALLAS TX 75219 ANTHONY P VEDDA PRESIDENT/CEO 2.00 38.00 X 0 82287 10385 VALERIE JACKSON Director 2.00 2.00 X 0 0 0 CLINT THOMSON IMM PAST CHAIR 2.00 2.00 X X 0 0 0 SUZANNE BUTLER Treasurer 2.00 2.00 X X 0 0 0 JACOB KRYSIAK Director 2.00 2.00 X 0 0 0 KEVIN MCKEEVER Director 2.00 2.00 X 0 0 0 SCOTT CARNES Director 2.00 2.00 X 0 0 0 GERARDO SANCHEZ Chairman 2.00 2.00 X X 0 0 0 EVIE WISE Director 2.00 2.00 X 0 0 0 ARMANDO GONZALEZ Secretary 2.00 2.00 X X 0 0 0 ARMANDO RAMIREZ Director 2.00 2.00 X 0 0 0 JUSTIN WILLIAMS Director 2.00 2.00 X 0 0 0 CLARK DAVIS Director 2.00 2.00 X 0 0 0 KEVIN WILLIAMS Director 2.00 2.00 X 0 0 0 82287 10385 0 false false false 0 26187 5000 19695 50882 PROGRAM REVENUE 900001 23345 23345 23345 0 0 0 0 0 15988 26187 21171 -5183 -5183 0 0 0 69044 23345 -5183 1000 1000 23500 23500 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10049 7333 2716 8436 8436 542 288 254 14639 13271 1368 0 0 505 505 0 0 0 0 0 2409 2182 227 BANK FEES 39668 37477 254 1937 SUPPLIES 5412 4860 318 234 BAD DEBT 2000 2000 DUES & SUBSCRIPTIONS 69 69 0 108229 82613 11812 13804 126130 88304 0 0 2000 4666 0 0 0 0 1500 840 840 0 0 0 0 0 0 128130 94470 5525 0 5525 X 119680 88945 8450 128130 88945 128130 94470 -39185 X true X false true false X 41766 71431 77202 70654 50882 311935 0 0 41766 71431 77202 70654 50882 311935 21483 290452 0 0 0 311935 47378 0.93110 0.90200 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 840 840 X Part X : FIN48 Footnote The Chamber and the Foundation are exempt from federal income taxes under section 501(c)(6) and 501(c)(3), respectively, of the Internal Revenue Code. For the year ended December 31, 2024, the Organization had no material unrelated business income. Accordingly, no provision has been made for federal income tax.GAAP requires the evaluation of tax positions taken in the course of preparing the Organizations tax returns and recognition of a tax liability (or asset) if the Organization has taken an uncertain position that more likely than not would not be sustained upon examination by the Internal Revenue Service.Management has analyzed the tax positions taken by the Organization, and has concluded that as of December 31, 2024, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the consolidated financial statements. false SOIREE 42175 26187 15988 15988 5183 42175 26187 15988 15988 5183 21171 -5183 true 0 0 COLLEGE SCHOLARSHIPS 8 23500 Grantmaker's Description of How Grants are Used SCHOLARSHIP APPLICATIONS ARE REVIEWED AND AWARDED BY THE SCHOLARSHIP COMMITTEE. FUNDS ARE PAID DIRECTLY TO THE UNIVERSITY'S FINANCIAL AID DEPARTMENT FOR THE BENEFIT OF THE RECIPIENT AFTER MEETING THE MINIMUM HOURS REQUIREMENT. Form 990, Part VI, Section B, Line 11b ALL BOARD OF DIRECTORS WILL HAVE A COPY EMAILED TO THEM FOR APPROVAL. Form 990, Part VI, Section B, Line 12c A YEARLY REVIEW OF THE CONFLICT OF INTEREST POLICY IS MADE WHERE THE BOARD OF DIRECTORS & STAFF SUBMIT AN ANNUAL DISCLOSURE, AND THE CONFLICT OF INTEREST POLICY IS REVIEWED BEFORE EACH BOARD MEETING. Form 990, Part VI, Section C, Line 19 UPON REQUEST. FORM 990, PART VIII INCOME FROM FUNDRAISING EVENTS The net economic benefit from our fundraising events is calculated as follows:Contributions from fundraising events reported on Part VIII, line 1c $ 26,187Gross income from fundraising events reported on Part VIII, line 8a 15,988Less: Direct costs of events reported on part VIII, Line 8b (21,171) Net economic benefit of fundraising events $ 21,004 NORTH TEXAS LGBT CHAMBER OF COMMERCE 3824 CEDAR SPRINGS RD 429 DALLAS TX 75219 201841881 ECONOMIC DEVELOPMENT & ADVOCACY TX 501(C)(6) N/A false false false true false false false false false false false false false false true true false false false false NORTH TEXAS LGBT CHAMBER OF COMMERCE c 5000 CASH RECEIVED