Marine City Chamber Of Commerce Inc
- Assets
- $30.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marine City, MI
- Founding
- 05/1991
- Data as of
- 09/2021
- EIN
- 38-2900355
Organization Overview
Marine City Chamber Of Commerce Inc is located in Marine City, MI. The organization was established in 1991. 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. Marine City Chamber Of Commerce Inc 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 09/2021, Marine City Chamber Of Commerce Inc generated $37.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $29.5k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (17.2%) per year over the past 3 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
2021
Describe the Organization's Program Activity:
Part 3
TO CARRY OUT SUCH ADVERTISING AND PROMOTIONAL PROGRAMS AND ACTIVITIES AS SHALL BE DEEMED FOR THE GENERAL WELFARE OF THE INDUSTRIAL AND COMMERCIAL CONCERNS IN AND ABOUT THE CITY OF MARINE CITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wendy Kellehan Board Member | 0 | $0 | |
Curtis Mcbride Treasurer | 0 | $0 | |
Laura Merchant President | 0 | $0 | |
Paul Merchant Board Member | 0 | $0 | |
Cheryl Devereaux Board Member | 0 | $0 | |
Todd May Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,089 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $22,204 |
| Other Revenue | $0 |
| Total Revenue | $37,293 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,701 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $4,300 |
| Printing, publications, postage, and shipping | $617 |
| Other expenses | $5,887 |
| Total expenses | $29,505 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $29,607 |
| Other assets | $0 |
| Total assets | $30,457 |
| Total liabilities | $13,841 |
| Net assets or fund balances | $16,616 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Marine City Chamber Of Commerce Inc has recieved totaling $7,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of St Clair County Port Huron, MI PURPOSE: REVITALIZATION | $7,000 |
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 |