Economic Development
Strengthens local economy through business services, advocacy, and promoting Abilene as attractive location for commerce
Promotes economic development, business services, tourism, and cultural activities in Abilene, Texas
About Organization
The Abilene Chamber of Commerce serves local businesses and the community through economic development initiatives, educational programs, and tourism promotion. Based in Abilene, TX, the organization operates with 41 employees and 500 volunteers, generating $5.8 million in annual revenue. Founded in 1912, the Chamber has been supporting the region's economy and quality of life for over a century.
Economic Development
Strengthens local economy through business services, advocacy, and promoting Abilene as attractive location for commerce
Tourism and Marketing
Promotes Abilene as travel destination through visitor bureau activities and highlighting regional attractions and culture
Community and Culture
Supports quality of life through educational programs, cultural activities, and partnerships with arts organizations
Form 990 data showing organizational financial health and growth.
Revenue (2023)
$5.8M
-5.2% vs 2022
Expenses (2023)
$5.7M
-5% vs 2022
Assets (2023)
$4.8M
-2.3% vs 2022
Employees (2023)
41
-4.7% vs 2022
| Year | Revenue | Expenses | Assets | Employees |
|---|---|---|---|---|
| 2023 | $5,841,999 | $5,677,615 | $4,775,922 | 41 |
| 2022 | $6,161,492 | $5,976,329 | $4,889,350 | 43 |
| 2021 | $5,393,108 | $5,692,137 | $3,685,650 | 43 |
| 2020 | $4,866,648 | $4,495,942 | $4,194,863 | 39 |
| 2019 | $4,215,389 | $4,232,294 | $3,558,351 | 42 |
| 2018 | $4,553,406 | $4,319,727 | $3,454,025 | 45 |
| 2017 | $4,387,273 | $4,261,559 | $3,142,643 | 41 |
Source: IRS Form 990 filings. All figures in USD.
Connect with local businesses to understand needs and provide tailored support services
Create educational programs and tourism initiatives that strengthen the local economy
Collaborate with cultural organizations and leverage 500 volunteers to expand impact
Promote Abilene's business climate and quality of life to attract investment and visitors
Services and programs offered by Abilene Chamber of Commerce
Provides support and resources to local businesses to promote economic growth and development
Offers training and educational programs for businesses and community members
Markets Abilene as a travel destination to attract visitors and boost local economy
Promotes cultural activities and organizations including performing arts, festivals, and public art installations
Meet the people behind Abilene Chamber of Commerce.
1912
1912
Abilene Chamber of Commerce established to support local business community
1941
1941
Received IRS ruling recognizing tax-exempt status as business league organization
2022
2022
Achieved highest annual revenue of $6.2 million in organization history
2023
2023
Expanded support for arts programs including Children's Art Festival and Storybook Garden
Board members, advisors, and key contributors
Information compiled from IRS Form 990 and organizational materials.
Top compensated officers & key employees from IRS Form 990
Total Reported (2023)
$1.0M
Highest Paid
$333K
Doug Peters
Compensated Officers
6
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Doug Peters | President And CEO | $284,329 | $49,057 | $333,386 | 23 |
| Lynn Barnett | President Acac | $142,634 | $22,432 | $165,066 | 40 |
| Roberto Lopez | Vice President Acvb | $140,791 | $22,739 | $163,530 | 40 |
| James G Bridwell | VP Military Affairs | $128,344 | $21,716 | $150,060 | 40 |
| Lauren Kocurek | Vice President Operations | $111,288 | $10,059 | $121,347 | 40 |
| Frances Williamson | Chief Financial Officer | $72,147 | $7,205 | $79,352 | 25 |
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Doug Peters | President And CEO | $276,813 | $45,457 | $322,270 | 23 |
| Frances Williamson | Vice President Administratio | $59,672 | $6,092 | $65,764 | 40 |
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Doug Peters | President And CEO | $283,605 | $28,916 | $312,521 | 27 |
| Frances Williamson | Vice President Administratio | $75,162 | $6,595 | $81,757 | 40 |
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Doug Peters | President And CEO | $276,322 | $27,623 | $303,945 | 27 |
| Frances Williamson | Vice President Administratio | $91,204 | $8,020 | $99,224 | 40 |
| Name | Title | Base | Other | Total | Hrs/Wk |
|---|---|---|---|---|---|
| Doug Peters | President And CEO | $259,955 | $26,637 | $286,592 | 27 |
| Frances Williamson | Vice President Administratio | $91,421 | $8,129 | $99,550 | 40 |
Source: IRS Form 990 filings. Compensation includes base and other reported compensation.
Economic Injury Disaster Loan Program (2020-2021)
Total Borrowed
$150K
Subsidy Cost
$20K
14% of loan
Loan Count
1
TO PROVIDE LOANS TO RESTORE AS NEARLY AS POSSIBLE THE VICTIMS OF ECONOMIC INJURY TYPE DISASTERS TO PRE-DISASTER CONDITIONS
Source: Small Business Administration • Economic Injury Disaster Loan Program (2020-2021)
Grant funding relationships from IRS Form 990 filings
Source: IRS Form 990 Schedule I filings. Amounts may span multiple tax years.