Sparta Chamber Of Commerce
- Assets
- $69.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Sparta, MI
- Founding
- 09/2005
- Data as of
- 12/2023
- EIN
- 38-2497086
Organization Overview
Sparta Chamber Of Commerce is located in Sparta, MI. The organization was established in 2005. 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. Sparta 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, Sparta Chamber Of Commerce generated $52.1k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $86.5k 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 Program Activity:
Part 3
SPARTA BUCKS THRU GIFT CERTIFICATES PURCHASED WE HAVE BROUGHT COMMERCE TO THE LOCAL SPARTA BUSINESS OWNERSFROM AREA RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amber Marks Trustee | 2 | $0 | |
Thomas Penland President | 2 | $0 | |
Carrie Olson Trustee | 2 | $0 | |
Lynn Driscoll Trustee | 2 | $0 | |
Konrad Raclawski Treasurer | 5 | $0 | |
Maryanne Wright Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $20,476 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$826 |
| Other Revenue | $32,487 |
| Total Revenue | $52,137 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $30,637 |
| Professional fees and other payments to independent contractors | $1,965 |
| Occupancy, rent, utilities, and maintenance | $550 |
| Printing, publications, postage, and shipping | $21,077 |
| Other expenses | $32,270 |
| Total expenses | $86,499 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,276 |
| Other assets | $0 |
| Total assets | $69,574 |
| Total liabilities | $140,832 |
| Net assets or fund balances | -$71,258 |