Mason Area Chamber Of Commerce
- Assets
- $182.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Mason, MI
- Founding
- 12/1972
- Data as of
- 12/2023
- EIN
- 38-1988898
Organization Overview
Mason Area Chamber Of Commerce is located in Mason, MI. The organization was established in 1972. 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. As of 12/2023, Mason Area Chamber Of Commerce employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mason Area 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, Mason Area Chamber Of Commerce generated $169.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $104.8k during the year ending 12/2023. While expenses have increased by 1.0% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE WORKFORCE DEVELOPMENT, ECONOMIC DEVELOPMENT, DOWNTOWN VITALITY AND INCREASED OPPORTUNITIES TO SERVE THE NEEDS OF LOCAL BUSINESS
Describe the Organization's Program Activity:
Part 3
HELP DEVELOP A QUALIFIED WORKFORCE BY RECOGNIZING TEACHER ACCOMPLISHMENTS, RECOGNIZING STUDENT COMMUNITY SERVICE ACCOMPLISHMENTS, CONDUCTING MOCK JOB INTERVIEWS WITH STUDENTS AND PROVIDING INPUT TO SCHOOL CAREER CURRICULUM
PROVIDE A VARIETY OF NETWORKING EVENTS TO BRING BUSINESS LEADERS TOGETHER, PUBLISH A MEMBERSHIP DIRECTORY TO BRING INCREASE VISIBILITY TO BUSINESS PROGRAM SERVICES
PROVIDE COMMUNITY ECONOMIC DEVELOPMENT STIMULATION BY MAINTAINING A LIST OF POTENTIAL COMMERCIAL DEVELOPMENT SITES SHARED WITH DEVELOPERS, RECOGNIZING BUSINESS ACCOMPLISHMENTS, PROVIDING INPUT TO THE TRI-COUNTY ECONOMIC PLANNING AGENCIES
INCREASE COMMUNITY VISIBILITY BY SPONSORING SEVERAL LOCAL COMMUNITY EVENTS, PUBLISH A NEWSPAPER TABLOID FEATURING CHAMBER AND COMMUNITY ACCOMPLISHMENTS, RECOGNIZING A COMMUNITY CITIZEN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Sabbadin Past Preside | 0 | $0 | |
Teresa Wren President | 0 | $0 | |
Robert Dowding Director | 0 | $0 | |
Kyle Wright Vice Preside | 0 | $0 | |
Jamie Robinson Treasurer | 0 | $0 | |
Chris Buck Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,826 |
| Total Program Service Revenue | $0 |
| Membership dues | $74,658 |
| Investment income | $89 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $91,700 |
| Total Revenue | $169,273 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $67,527 |
| Professional fees and other payments to independent contractors | $705 |
| Occupancy, rent, utilities, and maintenance | $13,349 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $23,176 |
| Total expenses | $104,757 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $182,751 |
| Other assets | $0 |
| Total assets | $182,751 |
| Total liabilities | $39,858 |
| Net assets or fund balances | $142,893 |