Greater Dowagiac Chamber Of Commerce
- Assets
- $58.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dowagiac, MI
- Founding
- 10/1956
- Data as of
- 12/2021
- EIN
- 38-1461108
Organization Overview
Greater Dowagiac Chamber Of Commerce is located in Dowagiac, MI. The organization was established in 1956. 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 Dowagiac 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 Dowagiac Chamber Of Commerce generated $76.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $78.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.5%) 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 |
|---|---|---|---|
Vickie Phillipson Retired Executive Di | 16 | $25,477 | |
Timothy Dowsett VP | 1 | $0 | |
Kristyn Soenen President | 15 | $0 | |
Maranda Wallace Treasurer | 4 | $0 | |
June Phillips-Nemeth Secretary | 1 | $0 | |
Schantel Myers Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $500 |
| Total Program Service Revenue | $38,775 |
| Membership dues | $34,640 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,184 |
| Total Revenue | $76,707 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $27,470 |
| Professional fees and other payments to independent contractors | $1,623 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $956 |
| Other expenses | $40,342 |
| Total expenses | $78,541 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,171 |
| Other assets | $0 |
| Total assets | $58,376 |
| Total liabilities | $10,854 |
| Net assets or fund balances | $47,522 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Detroit Regional Chamber Detroit, MI | $15,593,687 | $11,203,489 |
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International Dairy-Deli-Bakery Association Madison, WI | $22,953,024 | $8,197,084 |
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 |