Lakeshore Chamber Of Commerce Inc

Organization Overview

Lakeshore Chamber Of Commerce Inc is located in Hammond, IN. The organization was established in 1943. 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. As of 12/2021, Lakeshore Chamber Of Commerce Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lakeshore Chamber Of Commerce Inc 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, Lakeshore Chamber Of Commerce Inc generated $281.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $284.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO BE A VOICE FOR BUSINESS AND A FORUM FOR THE EXCHANGE OF IDEAS AND THROUGH A VARIETY OF CHAMBER PROGRAMS AND SERVICES, STRENGTHEN THE ECONOMIC VITALITY OF EAST CHICAGO, HAMMOND, AND NORTHWEST INDIANA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CHAMBER PROMOTES COMMERCIAL, INDUSTRIAL, CIVIC, AND SOCIAL ACTIVITIES TO BENEFIT THE WELFARE OF THE CITIES OF HAMMOND AND EAST CHICAGO INDIANA.


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Board, Officers & Key Employees

Name (title)Compensation
Dave Ryan
Executive Di
$132,821
Robert Migliorini
Vice Chairma
$0
David Beach
Past Chairma
$0
Jeff Williams
Chairman
$0
Monica Garcia
Past Chairma
$0
Calvin Bellamy
Executive Co
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $56,872
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$56,872
Total Program Service Revenue$147,602
Investment income $7
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $76,602
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $281,083

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Lakeshore Chamber Of Commerce Inc has recieved totaling $11,900.

Awarding OrganizationAmount
St Catherine Hospital Inc

East Chicago, IN

PURPOSE: SPONSORSHIP

$5,950
St Catherine Hospital Inc

East Chicago, IN

PURPOSE: SPONSORSHIP

$5,950
View Grant Recipient Profile

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