Buchanan Area Chamber Of Commerce is located in Buchanan, MI. The organization was established in 1966. 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. Buchanan 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, Buchanan Area Chamber Of Commerce generated $37.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $22.4k during the year ending 12/2021. While expenses have increased by 3.6% 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ralph Mcdonald Treasurer | 0 | $0 | |
Fran Terry President | 0 | $0 | |
Nate Babcock Director | 0 | $0 | |
Bill Beckman Director | 0 | $0 | |
Karol Behrle Vice Preside | 0 | $0 | |
Ashley Regal Executive Di | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $448 |
Total Program Service Revenue | $0 |
Membership dues | $20,045 |
Investment income | $46 |
Gain or Loss | $173 |
Net Income from Gaming & Fundraising | $16,284 |
Other Revenue | $0 |
Total Revenue | $36,996 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $5,632 |
Professional fees and other payments to independent contractors | $1,715 |
Occupancy, rent, utilities, and maintenance | $2,040 |
Printing, publications, postage, and shipping | $147 |
Other expenses | $12,817 |
Total expenses | $22,351 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $28,409 |
Other assets | $0 |
Total assets | $28,409 |
Total liabilities | $291 |
Net assets or fund balances | $28,118 |
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