Auburn Hills Chamber Of Commerce
- Assets
- $253.6k
- Revenue
- $405.0k
- Investments
- $0.0
- Employees
- 8
- Location
- Auburn Hills, MI
- Founding
- 04/1992
- Data as of
- 12/2022
- EIN
- 38-2977082
Organization Overview
Auburn Hills Chamber Of Commerce is located in Auburn Hills, MI. The organization was established in 1992. 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. As of 12/2022, Auburn Hills Chamber Of Commerce employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Auburn Hills 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 12/2022, Auburn Hills Chamber Of Commerce generated $405.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $426.9k during the year ending 12/2022. While expenses have increased by 4.2% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE AUBURN HILLS CHAMBER OF COMMERCE IS TO BE A CATALYST FOR GROWTH IN OUR WORLD-CLASS BUSINESS COMMUNITY. GOALS: ENHANCE THE VITALITY OF THE AUBURN HILLS BUSINESS COMMUNITY THROUGH HIGH QUALITY PROGRAMS AND SERVICES THAT EMBRACE THE VALUES OF A DIVERSE MEMBERSHIP. TO SERVE AS THE VOICE OF BUSINESS, REPRESENTING OUR MEMBER'S INTERESTS AMONG KEY, STRATEGIC AUDIENCES. TO WORK AS A LIAISON BETWEEN THE VARIOUS SECTORS OF OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NETWORKING & EDUCATIONAL EVENTS - THE CHAMBER PRODUCES MORE THAN 45 EVENTS EACH YEAR; ALL DESIGNED TO PROMOTE ITS MISSION, BUSINESS AND COMMUNITY GOALS. THIS INCLUDES DEI, WORKFORCE DEVELOPMENT/HR, YOUNG PROFESSIONALS AND WOMENS EVENTS. THE AUBURN HILLS CHAMBER OF COMMERCE HAS A REPUTATION FOR OFFERING AFFORDABLY PRICED, STRATEGIC OPPORTUNITIES TO CONNECT AND EDUCATE MEMBERS. SOME OF THE ORGANIZATIONS MOST RECOGNIZED OFFERINGS INCLUDE TOMORROW'S 20, IMPACT, THE STATE OF THE COMMUNITY, THE SILVER AND GOLD AWARDS, EXCELLENCE IN EDUCATION, AND ILEAD. MEMBERS ARE KEY IN PRIORITIZING THE CHAMBER'S ANNUAL EVENT SCHEDULE. BUSINESS SERVICES - THE CHAMBER OFFERS VARIOUS BUSINESS SERVICES TO MEMBERS INCLUDING CERTIFICATES OF ORIGIN, MARKETING AND PROMOTIONAL RECOGNITION VIA DIGITAL AND PRINT OPTIONS, INTRODUCTIONS TO OTHER MEMBER CONTACTS, MEMBER EVENT PROMOTION, COMMITTEE AND VOLUNTEER OPPORTUNITIES.
TASTE OF AUBURN HILLS - FEATURING 20 FOOD AND BEVERAGE PARTNERS, THE TASTE OF AUBURN HILLS BRINGS ALL SEGMENTS OF THE CHAMBER MEMBERSHIP TOGETHER TO CELEBRATE THE BEST OF THE COMMUNITY. GUESTS ENJOY LOCAL BEER, WINE AND FOOD TASTINGS. THE TASTE IS A MEGA NETWORKING EVENT, WITH 600 GUESTS IN ATTENDANCE EACH YEAR. IT SERVES AS A MAJOR FUNDRAISER FOR THE AUBURN HILLS CHAMBER OF COMMERCE, WHO DONATES A PERCENTAGE OF ITS PROCEEDS TO A LOCAL CHARITY, SUCH AS THE AUBURN HILLS COMMUNITY FOUNDATION. THE TASTE OF AUBURN HILLS IS SPONSORED BY TRION SOLUTIONS.
GOLF EVENT - THE AUBURN HILLS CHAMBER OF COMMERCE OFFERS ONE GOLF OUTING, WHICH IS A MAJOR FUNDRAISERS HELD DURING THE SUMMER/FALL. THIS YEAR IT WAS A SELL OUT EVENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jean Jernigan President | Officer | 40 | $102,279 |
Scott Abbate Director | Trustee | 1.5 | $0 |
Katie Ackert Director | Trustee | 1.5 | $0 |
Joscelyn Davis Secretary | Trustee | 1.5 | $0 |
Leslie Emmert-Buck Chair-Elect | Trustee | 1.5 | $0 |
Kevin Grigg Director | Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $340,359 |
| Investment income | $1,361 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $63,313 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $405,033 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,019 |
| Grants and other assistance to domestic individuals. | $1,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $117,688 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $156,367 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,470 |
| Payroll taxes | $22,814 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,645 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,514 |
| Advertising and promotion | $595 |
| Office expenses | $8,385 |
| Information technology | $1,806 |
| Royalties | $0 |
| Occupancy | $19,472 |
| Travel | $3,476 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $249 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,006 |
| All other expenses | $4,166 |
| Total functional expenses | $426,934 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $253,270 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $335 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $253,605 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $253,605 |
| Total liabilities and net assets/fund balances | $253,605 |