Imlay City Area Chamber of Commerce is located in Imlay City, MI.
For the year ending 12/2022, Imlay City Area Chamber of Commerce generated $25.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (16.2%) each year. All expenses for the organization totaled $41.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.6%) per year over the past 8 years. 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
2022
Describe the Organization's Program Activity:
Part 3
PROMOTES LOCAL BUSINESSES IN COMMUNITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Mette President | 0 | $0 | |
John Powell Vice President | 0 | $0 | |
Crystal Campagne Secretary | 0 | $0 | |
Debra Holt Treasurer | 0 | $0 | |
Christiana Bishop Executive Director | 30 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $15,684 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $9,468 |
Other Revenue | $0 |
Total Revenue | $25,152 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $27,295 |
Professional fees and other payments to independent contractors | $815 |
Occupancy, rent, utilities, and maintenance | $1,746 |
Printing, publications, postage, and shipping | $301 |
Other expenses | $11,635 |
Total expenses | $41,792 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $495 |
Other assets | $0 |
Total assets | $495 |
Total liabilities | $5,886 |
Net assets or fund balances | -$5,391 |