Marinette Area Chamber Of Commerce
- Assets
- $135.7k
- Revenue
- $191.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Marinette, WI
- Founding
- 01/1974
- Data as of
- 09/2021
- EIN
- 39-0451155
Organization Overview
Marinette Area Chamber Of Commerce is located in Marinette, WI. The organization was established in 1974. 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 09/2021, Marinette 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. Marinette 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 09/2021, Marinette Area Chamber Of Commerce generated $191.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $168.2k during the year ending 09/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
BUSINESS PROMOTION
Describe the Organization's Program Activity:
Part 3 - Line 4a
ECONOMIC DEVELOPMENT, TOURISM AND SALE PROMOTION EFFORTS, TOURISM PROMOTIONS, BUSINESS ASSISTANCE IN MARINETTE WISCONSIN AND MENOMINEE MICHIGAN FOR APPROXIMATELY 40,000 PEOPLE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Mielke President | Officer | 10 | $0 |
Donna Macco Treasurer | Officer | 10 | $0 |
John Hofer Vice President | Officer | 10 | $0 |
Jacqueline Boudreau Exec. Director/secretary | Officer | 40 | $0 |
Jan Allman President-Elect | Officer | 10 | $0 |
Cynthia Bailey Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $7,000 |
| 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 | $7,000 |
| Total Program Service Revenue | $143,685 |
| Investment income | $25 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $14,257 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $191,111 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $70,009 |
| Compensation of current officers, directors, key employees. | $42,005 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $35,195 |
| Pension plan accruals and contributions | $2,112 |
| Other employee benefits | $618 |
| Payroll taxes | $8,166 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,661 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $527 |
| Advertising and promotion | $564 |
| Office expenses | $14,855 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,014 |
| Travel | $814 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,171 |
| Insurance | $3,061 |
| All other expenses | $418 |
| Total functional expenses | $168,166 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,243 |
| Savings and temporary cash investments | $60,640 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $24,099 |
| 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 | $18,139 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $550 |
| Total assets | $135,671 |
| Accounts payable and accrued expenses | $7,418 |
| Grants payable | $0 |
| Deferred revenue | $1,919 |
| 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 | $9,337 |
| Net assets without donor restrictions | $126,334 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $135,671 |
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