Grayling Regional Chamber Of Commerce
- Assets
- $50.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Grayling, MI
- Founding
- 10/1994
- Data as of
- 10/2021
- EIN
- 38-1473234
Organization Overview
Grayling Regional Chamber Of Commerce is located in Grayling, MI. The organization was established in 1994. 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. Grayling Regional 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 10/2021, Grayling Regional Chamber Of Commerce generated $98.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $99.8k during the year ending 10/2021. While expenses have increased by 1.9% per year over the past 6 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
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darcie Bowers Vice Chair | 0 | $0 | |
Justin Andre Treasurer | 0 | $0 | |
Dan Bonamie II Chairman | 0 | $0 | |
Geri Koutnik Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $98,009 |
| Total Revenue | $98,019 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $67,859 |
| Professional fees and other payments to independent contractors | $1,750 |
| Occupancy, rent, utilities, and maintenance | $7,948 |
| Printing, publications, postage, and shipping | $899 |
| Other expenses | $21,329 |
| Total expenses | $99,785 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $39,475 |
| Other assets | $0 |
| Total assets | $50,573 |
| Total liabilities | $18,144 |
| Net assets or fund balances | $32,429 |
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|---|---|---|
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Indy Championships Fund Inc Indianapolis, IN | $6,870,300 | $5,470,881 |
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