Kensington Valley Chamber Of Commerce
- Assets
- $14.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brighton, MI
- Founding
- 00/0000
- Data as of
- 09/2021
- EIN
- 38-6094587
Organization Overview
Kensington Valley Chamber Of Commerce is located in Brighton, MI. The organization was established in 0000. 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. Kensington Valley 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 09/2021, Kensington Valley Chamber Of Commerce generated $85.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $81.6k during the year ending 09/2021. While expenses have increased by 4.4% per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
THE CHAMBER OF COMMERCE FOR THE SOUTH LYON AREA SPONSORS EVENTS EACH YEAR FOR ITS MEMBERS, INCLUDING THE ANNUAL GOLF OUTING IN JUNE AS WELL AS BREAKFAST AND AFTER-HOUR MIXERS. THE CHAMBER ALSO SPONSORS A NUMBER OF COMMUNITY EVENTS PROVIDING MEMBERS ADDITIONAL WAYS TO PROMOTE THEIR BUSINESSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrea Meyer Executive Direc | 40 | $35,543 | |
Sue White Treasurer | 2 | $0 | |
Julie Daraban Vice President | 2 | $0 | |
Barry Paxton Director | 2 | $0 | |
Brittany Dingman Secretary | 2 | $0 | |
Wendy Taylor Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,000 |
| Total Program Service Revenue | $9,804 |
| Membership dues | $26,067 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $85,871 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $3,923 |
| Salaries, other compensation, and employee benefits | $54,466 |
| Professional fees and other payments to independent contractors | $2,628 |
| Occupancy, rent, utilities, and maintenance | $300 |
| Printing, publications, postage, and shipping | $519 |
| Other expenses | $19,768 |
| Total expenses | $81,604 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,439 |
| Other assets | $0 |
| Total assets | $14,439 |
| Total liabilities | $0 |
| Net assets or fund balances | $14,439 |
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|---|---|---|
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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 |
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