Allendale Area Chamber Of Commerce
- Assets
- $140.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Allendale, MI
- Founding
- 01/2002
- Data as of
- 12/2023
- EIN
- 38-3625430
Organization Overview
Allendale Area Chamber Of Commerce is located in Allendale, MI. The organization was established in 2002. 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 12/2023, Allendale Area Chamber Of Commerce employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Allendale 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 12/2023, Allendale Area Chamber Of Commerce generated $178.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $128.3k during the year ending 12/2023. While expenses have increased by 2.5% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE BUSINESS CONTACTS AND SERVICES FOR ALLENDALE, MI BUSINESSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Patricia Roslund Treasurer | 0 | $0 | |
Brandie Tenney President | 1 | $0 | |
Abbey Vaughn Board Member | 1 | $0 | |
Philip Tolman Board Member | 1 | $0 | |
Laron Henderson Board Member | 1 | $0 | |
Terri Jeurink Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $148,894 |
| Total Program Service Revenue | $28,317 |
| Membership dues | $0 |
| Investment income | $70 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,000 |
| Total Revenue | $178,281 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $29,100 |
| Professional fees and other payments to independent contractors | $10,566 |
| Occupancy, rent, utilities, and maintenance | $6,225 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $82,398 |
| Total expenses | $128,289 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $83,322 |
| Other assets | $0 |
| Total assets | $140,830 |
| Total liabilities | $45,364 |
| Net assets or fund balances | $95,466 |