Michigan West Coast Chamber Of Commerce Foundation
- Assets
- $147.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Holland, MI
- Founding
- 10/1983
- Data as of
- 08/2021
- EIN
- 38-2476780
Organization Overview
Michigan West Coast Chamber Of Commerce Foundation is located in Holland, MI. The organization was established in 1983. 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. Michigan West Coast Chamber Of Commerce Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2021, Michigan West Coast Chamber Of Commerce Foundation generated $54.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 56.0% each year . All expenses for the organization totaled $52.6k during the year ending 08/2021. While expenses have increased by 63.2% 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
PROMOTE & MAINTAIN A FAVORABLE BUSINESS/COMMUNITY ENVIRONMENT IN THE HOLLAND AND ZEELAND AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Novakoski Chair | 0.5 | $0 | |
Kelly Springer Vice Chair/treasurer | 0.5 | $0 | |
Jodi Owczarski Secretary | 0.5 | $0 | |
Jane Clark President | 0.5 | $0 | |
Jon Lanning Director | 0 | $0 | |
Jennifer Remondino Past Chair | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,088 |
| Gain or Loss | $3,628 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $54,716 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $3,244 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,024 |
| Total expenses | $52,589 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,253 |
| Other assets | $0 |
| Total assets | $147,594 |
| Total liabilities | $0 |
| Net assets or fund balances | $147,594 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Michigan West Coast Chamber Of Commerce Foundation has recieved totaling $130,000.
| Awarding Organization | Amount |
|---|---|
Communtiy Foundation Of The Holland Zeeland Area Holland, MI PURPOSE: DOWNTOWN RELIEF FUND | $130,000 |
Peer Organizations
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|---|---|---|
National Association Of Tax Professionals Inc Appleton, WI | $15,322,195 | $11,606,289 |
Detroit Regional Chamber Foundation Inc Detroit, MI | $6,324,468 | $12,985,195 |
Detroit Regional Chamber Detroit, MI | $15,593,687 | $11,203,489 |
Custom Electronic Design & Installation Association Fishers, IN | $40,806,745 | $4,400,829 |
International Dairy-Deli-Bakery Association Madison, WI | $22,953,024 | $8,197,084 |
National Truck Equipment Association Farmington Hills, MI | $27,097,486 | $13,173,388 |
National Precast Concrete Association Inc Carmel, IN | $13,896,863 | $10,585,314 |
Indiana Underground Plant Protection Service Inc Greenwood, IN | $23,524,907 | $10,120,104 |
National Funeral Directors Association Of The United States I Brookfield, WI | $21,618,319 | $10,407,549 |
Indy Championships Fund Inc Indianapolis, IN | $6,870,300 | $5,470,881 |
Cincinnati Usa Regional Chamber Foundation Cincinnati, OH | $5,241,564 | $8,994,630 |
United States Auto Club Inc Speeway, IN | $9,462,749 | $8,803,696 |