Shipshewana Retail Merchants Assoc Inc
- Assets
- $83.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Shipshewana, IN
- Founding
- 01/1991
- Data as of
- 12/2021
- EIN
- 35-1674487
Organization Overview
Shipshewana Retail Merchants Assoc Inc is located in Shipshewana, IN. The organization was established in 1991. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, 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. Shipshewana Retail Merchants Assoc 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, Shipshewana Retail Merchants Assoc Inc generated $69.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $49.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Byler President | 5 | $0 | |
Judy Yoder Secretary | 1 | $0 | |
Dean Raber Vice President | 2 | $0 | |
Alvin Viller Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $50,677 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $19,195 |
| Total Revenue | $69,875 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,996 |
| Professional fees and other payments to independent contractors | $896 |
| Occupancy, rent, utilities, and maintenance | $4,169 |
| Printing, publications, postage, and shipping | $187 |
| Other expenses | $31,223 |
| Total expenses | $49,471 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $82,630 |
| Other assets | $0 |
| Total assets | $83,688 |
| Total liabilities | $0 |
| Net assets or fund balances | $83,688 |