Charlotte Chamber Of Commerce Inc
- Assets
- $19.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, MI
- Founding
- 12/1989
- Data as of
- 12/2022
- EIN
- 38-1714343
Organization Overview
Charlotte Chamber Of Commerce Inc is located in Charlotte, MI. The organization was established in 1989. 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. Charlotte 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 12/2022, Charlotte Chamber Of Commerce Inc generated $47.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $63.1k during the year ending 12/2022. While expenses have increased by 6.5% 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
2022
Describe the Organization's Program Activity:
Part 3
SALE OF GIFT CERTIFICATES REDEEMABLE AT MEMBER BUSINESSES, ADVERTISING THROUGH GOLF OUTING, ANNUAL DINNER, CHARLOTTE CELEBRATES AND OTHER MISC EVENTS TO PROMOTE THE CHARLOTTE AREA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dillon Bond Previous President | 8 | $0 | |
Dawn Nowlan President | 8 | $0 | |
Tammey Wine Treasurer | 8 | $0 | |
Christina Campbell Board Member | 8 | $0 | |
Elena Reed Board Member | 8 | $0 | |
Keisha Howe Board Member | 9 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $39,301 |
| Investment income | $55 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,616 |
| Other Revenue | $814 |
| Total Revenue | $47,786 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $42,600 |
| Professional fees and other payments to independent contractors | $4,989 |
| Occupancy, rent, utilities, and maintenance | $3,486 |
| Printing, publications, postage, and shipping | $937 |
| Other expenses | $11,107 |
| Total expenses | $63,119 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,201 |
| Other assets | $0 |
| Total assets | $19,583 |
| Total liabilities | $12,555 |
| Net assets or fund balances | $7,028 |