East Jordan Area-Chamber Of Commerce
- Assets
- $113.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- East Jordan, MI
- Founding
- 12/1944
- Data as of
- 12/2021
- EIN
- 38-6095943
Organization Overview
East Jordan Area-Chamber Of Commerce is located in East Jordan, MI. The organization was established in 1944. 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. East Jordan 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 12/2021, East Jordan Area-Chamber Of Commerce generated $125.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $113.4k during the year ending 12/2021. While expenses have increased by 3.1% per year over the past 7 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
NONE
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Faculak President | 40 | $44,000 | |
Shannon Fender Office Manager | 24 | $21,272 | |
Billie Jo Solgot Secretary/treasurer | 5 | $0 | |
Dan Bennett Vice Chairman | 5 | $0 | |
John Hunter Director | 5 | $0 | |
Nate Dionne Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,434 |
| Total Program Service Revenue | $0 |
| Membership dues | $51,657 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $20,653 |
| Other Revenue | $16,880 |
| Total Revenue | $125,624 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $70,410 |
| Professional fees and other payments to independent contractors | $1,196 |
| Occupancy, rent, utilities, and maintenance | $10,087 |
| Printing, publications, postage, and shipping | $1,056 |
| Other expenses | $30,626 |
| Total expenses | $113,375 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $113,871 |
| Other assets | $0 |
| Total assets | $113,871 |
| Total liabilities | $1,144 |
| Net assets or fund balances | $112,727 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that East Jordan Area-Chamber Of Commerce has recieved totaling $19,433.
| Awarding Organization | Amount |
|---|---|
Northern Lakes Economic Alliance Boyne City, MI PURPOSE: Funds for new businesses | $14,933 |
Northern Lakes Economic Alliance Boyne City, MI PURPOSE: Breezeway Project | $4,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Statewide Energy Efficiency Andrenewables Administration Inc Madison, WI | $63,794,129 | $99,926,553 |
Society Of Manufacturing Engineers Southfield, MI | $77,116,365 | $66,156,404 |
Association Of Equipment Manufacturers Milwaukee, WI | $65,690,987 | $35,929,615 |
International Foundation Of Employee Benefit Plans Inc Brookfield, WI | $45,052,685 | $24,056,813 |
Dane Buy Local Foundation Inc Madison, WI | $199,958 | $19,130,759 |
Leap Lansing, MI | $5,631,252 | $15,493,708 |
Greater Cleveland Partnership Cleveland, OH | $36,035,820 | $14,402,868 |
Board Of Certified Safety Professionals Of The Americas Inc Indianapolis, IN | $35,079,358 | $17,695,377 |
Asqexcellence Inc Milwaukee, WI | $6,648,120 | $11,915,494 |
The Right Place Inc Grand Rapids, MI | $10,135,241 | $14,178,677 |
Central Indiana Corporate Partnership Inc Indianapolis, IN | $8,694,724 | $11,696,503 |
Automotive Industry Action Group Southfield, MI | $14,204,782 | $10,849,803 |