Greater Ishpeming Negaunee Chamber Of Commerce
- Assets
- $41.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ishpeming, MI
- Founding
- 09/2011
- Data as of
- 12/2021
- EIN
- 30-0638123
Organization Overview
Greater Ishpeming Negaunee Chamber Of Commerce is located in Ishpeming, MI. The organization was established in 2011. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Ishpeming Negaunee Chamber Of Commerce is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Greater Ishpeming Negaunee Chamber Of Commerce generated $83.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $69.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROMOTE GROWTH QUALITY OF LIFE. PROMOTE THE CHAMBER AS AN ECONOMIC EDUCATIONAL AND RECREATION CENTER WHILE PROVIDING MEMBERSHIP SERVICES AND NETWORKING OPPORTUNITIES FOR ITS MEMBERS. DEVELOP, PROMOTE, AND PROVIDE LEADERSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Hendrickson Executive Director | 40 | $31,200 | |
Michelle Palomaki President | 1 | $0 | |
Angela Hentowski Vice President | 1 | $0 | |
Joann Manty Secretary | 1 | $0 | |
Craig Cugini Director | 1 | $0 | |
Elizabeth Heizman Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,735 |
| Total Program Service Revenue | $0 |
| Membership dues | $44,685 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $26,679 |
| Other Revenue | $0 |
| Total Revenue | $83,110 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $48,918 |
| Professional fees and other payments to independent contractors | $1,450 |
| Occupancy, rent, utilities, and maintenance | $9,566 |
| Printing, publications, postage, and shipping | $2,203 |
| Other expenses | $7,746 |
| Total expenses | $69,883 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,614 |
| Other assets | $0 |
| Total assets | $41,125 |
| Total liabilities | $2,851 |
| Net assets or fund balances | $38,274 |
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|---|---|---|
National Association Of Tax Professionals Inc Appleton, WI | $15,322,195 | $11,606,289 |
Detroit Regional Chamber Foundation Inc Detroit, MI | $6,324,468 | $12,985,195 |
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National Truck Equipment Association Farmington Hills, MI | $27,097,486 | $13,173,388 |
National Precast Concrete Association Inc Carmel, IN | $13,896,863 | $10,585,314 |
Indiana Underground Plant Protection Service Inc Greenwood, IN | $23,524,907 | $10,120,104 |
National Funeral Directors Association Of The United States I Brookfield, WI | $21,618,319 | $10,407,549 |
Indy Championships Fund Inc Indianapolis, IN | $6,870,300 | $5,470,881 |
Cincinnati Usa Regional Chamber Foundation Cincinnati, OH | $5,241,564 | $8,994,630 |
United States Auto Club Inc Speeway, IN | $9,462,749 | $8,803,696 |