Texas Blockchain Council

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 851019061 ✦ Richardson, TX ✦ Designated as a 501(c)(6)

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Overview

What is Texas Blockchain Council?

The Texas Blockchain Council is a nonprofit organization, comprising private citizens and businesses, based in Richardson, Texas. Their primary focus is to explore the potential benefits of blockchain technology for the state of Texas. As a collaborative group of companies and individuals from various industries connected to Bitcoin, crypto, and blockchain technology, they aim to establish Texas as a preferred location for blockchain innovation. With a team of three dedicated individuals, the council actively works towards achieving this goal.


Official website here: www.texasblockchaincouncil.org/

Is Texas Blockchain Council legitimate?

Texas Blockchain Council is a legitimate nonprofit organization registered as a 501(c)(6) entity. Texas Blockchain Council submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $326,645
Professional Fundraising Fees: $0
Other Salaries and Wages: $163,662

For more financial information, click here


Official website here: www.texasblockchaincouncil.org/

What is the mission statement of Texas Blockchain Council?

The Texas Blockchain Council, a nonprofit industry association, brings together companies and individuals from various industries related to Bitcoin, cryptocurrency, and blockchain technology. Their mission is to establish Texas as a preferred jurisdiction for blockchain innovation. They achieve this by collaborating and advocating for policies that highlight the benefits of blockchain technology within the state. This public policy group, composed of private citizens and businesses, is dedicated to investigating and promoting the potential of blockchain technology in Texas.


Official website here: www.texasblockchaincouncil.org/

Who is the CEO of Texas Blockchain Council?

Lee Bratcher is the President of Texas Blockchain Council.


Official website here: www.texasblockchaincouncil.org/

What is the revenue of Texas Blockchain Council?

Texas Blockchain Council's revenue in 2022 was $2,017,286.


Official website here: www.texasblockchaincouncil.org/

Who are the executives of Texas Blockchain Council and what are their salaries?

The average compensation at Texas Blockchain Council during 2022 was $163,436. There are 3 employees and 20 volunteers at Texas Blockchain Council.


Here are 7 key members and their salaries:


Lee Bratcher (President)
  • Compensation: $326,645
  • Related: $0
  • Other: $0
Michael Lewellen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trent Stout (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Nichols (Chairman Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Calicott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clayton Lowery (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Haines (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.texasblockchaincouncil.org/

Where can I find the form 990 for Texas Blockchain Council?

Texas Blockchain Council's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.texasblockchaincouncil.org/

Learn more at the official website: www.texasblockchaincouncil.org/

Mission Statement of Texas Blockchain Council

The Texas Blockchain Council, a nonprofit industry association, is comprised of companies and individuals who operate in various sectors connected to Bitcoin, cryptocurrency, and blockchain technology. Their primary objective is to collaboratively transform Texas into a preferred jurisdiction for blockchain innovation. This organization serves as a public policy group, with its members being private citizens and businesses that are passionate about investigating the potential benefits of blockchain technology within the state of Texas.

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Impact




October, 2024

The Texas Blockchain Council significantly impacts the state's blockchain landscape by uniting businesses and individuals across various industries connected to Bitcoin, crypto, and blockchain technology. By fostering collaboration, the Council works to establish Texas as the premier jurisdiction for blockchain innovation. Their efforts focus on advocating for public policies that highlight the benefits of blockchain technology, ultimately supporting community improvement and economic growth. Through this initiative, they aim to create a favorable environment for crypto enterprises, encourage innovative practices, and enhance Texas's position as a leader in the blockchain ecosystem.




This information is meant to be a general summary of Texas Blockchain Council. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,017,286 (2022)
Expenses
$2,187,593 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $2,017,286
  • Gross Receipts: $2,017,286

Assets and Liabilities:

  • Total Assets: $138,853
  • Total Liabilities: $0
  • Net Assets: $138,853

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$1,710,412

CONFERENCES

Revenue

$306,874

Organization Details

Founding Year

2020

Principal Officer

Lee Bratcher

Main Address

1900 JAY ELL DRIVE, RICHARDSON, TX, 75081

NTEE Category

Code: S41 - Community improvement

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