Greater Albion Chamber Of Commerce
- Assets
- $153.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Albion, MI
- Founding
- 12/1975
- Data as of
- 12/2023
- EIN
- 38-1613480
Organization Overview
Greater Albion Chamber Of Commerce is located in Albion, MI. The organization was established in 1975. 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 Albion 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 12/2023, Greater Albion Chamber Of Commerce generated $164.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $139.5k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO MAKE ALBION A GREAT PLACE TO WORK, LIVE, AND VISIT. WE WORK WITH OUR MEMBERS TO MAKE SURE THEY ARE SET UP TO BE AS SUCCESSFUL AS POSSIBLE THROUGH ACCESS TO PROGRAMS AND BENEFITS EXCLUSIVE TO CHAMBER MEMBERS. WE COLLABORATE WITH OTHER LOCAL ENTITIES TO HELP PROVIDE A THRIVING ENVIRONMENT FOR BUSINESS AND INVESTMENT IN ALBION.
Describe the Organization's Program Activity:
Part 3
TO FOSTER AND PROMOTE ECONOMIC DEVELOPMENT IN THE GREATER ALBION AREA BY HOLDING MEETINGS, CIRCULATING PUBLICATIONS/INFORMATION AND ORGANIZING/ARRANGING EVENTS.
TO FOSTER AND PROMOTE ECONOMIC DEVELOPMENT IN THE GREATER ALBION AREA BY HOLDING MEETINGS, CIRCULATING PUBLICATIONS/INFORMATION AND ORGANIZING/ARRANGING EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christina Wixson Chairperson | 3 | $0 | |
Jen Bomba Vice Chairpe | 2 | $0 | |
Ashley Vinton Treasurer | 3 | $0 | |
Donisha Brewer Secretary | 2 | $0 | |
Ian Barbour Director | 1 | $0 | |
Alex Harris Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,030 |
| Total Program Service Revenue | $9,537 |
| Membership dues | $0 |
| Investment income | $567 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $23,074 |
| Other Revenue | $90,343 |
| Total Revenue | $164,551 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $83,600 |
| Professional fees and other payments to independent contractors | $14,195 |
| Occupancy, rent, utilities, and maintenance | $8,400 |
| Printing, publications, postage, and shipping | $1,773 |
| Other expenses | $31,536 |
| Total expenses | $139,504 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $151,953 |
| Other assets | $0 |
| Total assets | $153,449 |
| Total liabilities | $2,260 |
| Net assets or fund balances | $151,189 |