Madison Heights Hazel Park Chamber Of Commerce Inc

Organization Overview

Madison Heights Hazel Park Chamber Of Commerce Inc is located in Madison Heights, MI. The organization was established in 1990. 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. Madison Heights Hazel Park 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 12/2021, Madison Heights Hazel Park Chamber Of Commerce Inc generated $55.1k 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 (3.3%) each year. All expenses for the organization totaled $52.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3

PROMOTES & DEVELOPS SMALL BUSINESS IN THE COMMUNITIES OF HAZEL PARK AND MADISON HTS AND ALSO AWARD COLLEGE SCHOLARSHIPS TO STUDENTS IN THE COMMUNITY.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$1,210
Total Program Service Revenue$0
Membership dues$36,555
Investment income $13
Gain or Loss$0
Net Income from Gaming & Fundraising$17,344
Other Revenue$0
Total Revenue$55,122

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