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Texas · Nonprofit

GALVESTON REGIONAL CHAMBER OF COMMERCE

GALVESTON REGIONAL CHAMBER OF COMMERCE (Texas) receives grants from 3 organizations whose IRS filings report $49,000 to it, the largest being John P McGovern Foundation ($30,000). 2 of them have funded it in more than one year.

Revenue FY2024
$1.1M
Funders on record
3
Grants received
$49k
Net assets
$1.1M
2/3 repeat funderspeak grant-dependency 2%
01What it does

What Galveston Regional Chamber of Commerce does

Mission

To promote and advocate for business

As stated on its FY2024 Form 990.

Program

  1. Improve the business climate, increase business activity, and address community development issues in galveston, texas. Provide avenues for business communication and networking opportunities in galveston, texas. Support the galveston economic development partnership, a 501(c)(6) organization which utilizes broad based community support to expand and diversify galveston's employment and tax bases.

    $545,129 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $545,129.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($713k) Expenses 100 ($716k) Net assets 100 ($62k)2018 Revenue 107 ($761k) Expenses 100 ($715k) Net assets 174 ($107k)2019 Revenue 116 ($828k) Expenses 104 ($745k) Net assets 311 ($192k)2020 Revenue 121 ($860k) Expenses 108 ($771k) Net assets 456 ($282k)2021 Revenue 154 ($1.1M) Expenses 122 ($873k) Net assets 825 ($509k)2022 Revenue 168 ($1.2M) Expenses 131 ($941k) Net assets 1264 ($781k)2023 Revenue 151 ($1.1M) Expenses 129 ($923k) Net assets 1513 ($935k)2024 Revenue 158 ($1.1M) Expenses 137 ($982k) Net assets 1750 ($1.1M)
'17'18'19'20'21'22'23'24
Revenue (158)Expenses (137)Net assets (1750)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $295k to $688k (+134%).

$98k
$213k
$307k
$295k
$688k
$898k
$1.1M
$1.2M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 1%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

−$3k
’17
$46k
’18
$84k
’19
$90k
’20
$228k
’21
$258k
’22
$155k
’23
$146k
’24
14
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Gina Spangola

President and CEO

Board chair

Keith Bassett

Chair

As listed on its FY2024 Form 990.

'17'18'19'20'21'22'23'24
Listed32567891011
Joined·+0+1+1+1+1+1+1
No longer listed·27000000
03Who funds it

Who funds it, year by year

2018 → 2023: the base held at 1 funder, grant income fell $10k → $5k.

From the IRS filings of GALVESTON REGIONAL CHAMBER OF COMMERCE’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

GALVESTON REGIONAL CHAMBER OF COMMERCE leans on a few funders — its largest provides 61% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

61%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2018 100% · 2020 71% · 2021 100% · 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of GALVESTON REGIONAL CHAMBER OF COMMERCE's grant income comes from Texas funders.

TX

In-state vs out-of-state, by year

’18
’20
’21
’22
’23
Texas out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like GALVESTON REGIONAL CHAMBER OF COMMERCE

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Texas

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

56% of spending goes to programs.

Program 56%Management 23%Fundraising 22%

Governance

42
board members
98%
independent
✓Conflict-of-interest policy✓Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Screen this organization

A dated, signed PDF of the compliance screen for GALVESTON REGIONAL CHAMBER OF COMMERCE: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds GALVESTON REGIONAL CHAMBER OF COMMERCE?
GALVESTON REGIONAL CHAMBER OF COMMERCE (Texas) receives grants from 3 organizations whose IRS filings report $49,000 to it, the largest being John P McGovern Foundation ($30,000). 2 of them have funded it in more than one year.
How many funders does GALVESTON REGIONAL CHAMBER OF COMMERCE have?
IRS filings report 3 organizations giving $49,000 in grants to GALVESTON REGIONAL CHAMBER OF COMMERCE, 2 of which have funded it in more than one year.
Who is the largest funder of GALVESTON REGIONAL CHAMBER OF COMMERCE?
John P McGovern Foundation is the largest funder on record, with $30,000 in grants. The full list of funders is on this page.
How can an organization like GALVESTON REGIONAL CHAMBER OF COMMERCE find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Galveston Regional Chamber of Commerce →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing