Platteville Chamber Of Commerce Inc
- Assets
- $204.7k
- Revenue
- $312.6k
- Investments
- $0.0
- Employees
- 8
- Location
- Platteville, WI
- Founding
- 08/1988
- Data as of
- 12/2021
- EIN
- 39-0756876
Organization Overview
Platteville Chamber Of Commerce Inc is located in Platteville, WI. The organization was established in 1988. 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 12/2021, Platteville Chamber Of Commerce Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Platteville Chamber Of Commerce Inc 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, Platteville Chamber Of Commerce Inc generated $312.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $266.7k during the year ending 12/2021. While expenses have increased by 2.3% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
AREA PROMOTION AND MEMBER SERVICE
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER SERVICE, AREA PROMOTION, VISITOR INFORMATION, NEWSLETTERS AND RETAIL PROMOTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wayne Wodarz Executive Director | Officer | 40 | $51,754 |
Tim Boldt Past President | Officer | 0.5 | $0 |
Dj Loeffelholz Vice President | Officer | 0.5 | $0 |
Bryant Schobert President Elect | Officer | 0.5 | $0 |
Mike Moran Treasurer | Officer | 0.5 | $0 |
Tiffany Gardner Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $79,260 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $48,145 |
| All other contributions, gifts, grants, and similar amounts not included above | $250 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $127,655 |
| Total Program Service Revenue | $169,963 |
| Investment income | $209 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $11,745 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $312,596 |
| 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. | $51,754 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $64,829 |
| Pension plan accruals and contributions | $2,410 |
| Other employee benefits | $5,843 |
| Payroll taxes | $9,097 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $47,784 |
| Office expenses | $12,483 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $25,013 |
| Travel | $669 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $338 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,572 |
| Insurance | $2,121 |
| All other expenses | $4,494 |
| Total functional expenses | $266,742 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200 |
| Savings and temporary cash investments | $153,928 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $49,593 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $940 |
| Total assets | $204,661 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $2,287 |
| Total liabilities | $2,287 |
| Net assets without donor restrictions | $0 |
| 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 | $202,374 |
| Total liabilities and net assets/fund balances | $204,661 |
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