Milan Area Chamber Of Commerce
- Assets
- $12.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Milan, MI
- Founding
- 02/1998
- Data as of
- 12/2021
- EIN
- 38-2560155
Organization Overview
Milan Area Chamber Of Commerce is located in Milan, MI. The organization was established in 1998. 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. Milan 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 12/2021, Milan Area Chamber Of Commerce generated $36.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $32.2k during the year ending 12/2021. While expenses have increased by 2.6% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carrie Ritchie President | 0 | $0 | |
Angela Thomas Secretary | 0 | $0 | |
Lafe Schneider Treasurer | 0 | $0 | |
Traci Cole Director | 0 | $0 | |
Dr Kevin Fountain Director | 0 | $0 | |
Pastor Matt West Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,221 |
| Total Program Service Revenue | $0 |
| Membership dues | $21,290 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $12,389 |
| Other Revenue | $0 |
| Total Revenue | $36,900 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,922 |
| Professional fees and other payments to independent contractors | $1,111 |
| Occupancy, rent, utilities, and maintenance | $2,020 |
| Printing, publications, postage, and shipping | $360 |
| Other expenses | $7,745 |
| Total expenses | $32,158 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,052 |
| Other assets | $0 |
| Total assets | $12,052 |
| Total liabilities | $2,020 |
| Net assets or fund balances | $10,032 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |