Cedar Lake Chamber Of Commerce Inc is located in Cedar Lake, IN. The organization was established in 1972. 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. Cedar Lake 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, Cedar Lake Chamber Of Commerce Inc generated $44.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $34.6k during the year ending 12/2021. While expenses have increased by 1.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
THE ORGANIZATION'S PROGRAM SERVICE ACCOMPLISHMENTS ARE DONEBY PROMOTING CEDAR LAKE BUSINESS THROUGH A WELCOME CENTER,BUSINESS SHOWCASE, AND BANNERS THROUGHOUT THE TOWN
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Diane Jostes Secretary | 50 | $10,440 | |
Karen Kuhn Vice President | 2 | $0 | |
Robert H Carnahan President | 5 | $0 | |
Jen Sheehy Treasurer | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $13,625 |
Investment income | $11 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $30,701 |
Other Revenue | $0 |
Total Revenue | $44,337 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $11,663 |
Occupancy, rent, utilities, and maintenance | $14,462 |
Printing, publications, postage, and shipping | $171 |
Other expenses | $8,279 |
Total expenses | $34,575 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $33,854 |
Other assets | $0 |
Total assets | $38,759 |
Total liabilities | $0 |
Net assets or fund balances | $38,759 |
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