New Richmond Chamber Of Commerce is located in New Richmond, WI. The organization was established in 1982. 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, New Richmond Chamber Of Commerce employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Richmond 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, New Richmond Chamber Of Commerce generated $250.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $146.9k during the year ending 12/2021. 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
ADVOCATE FOR THE INTERESTS OF ITS MEMBERS AND TO PROMOTE ECONOMIC AND COMMUNITY DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF BUSINESS-SPECIAL EVENTS TO BRING PEOPLE TO THE CITY OF NEW RICHMOND, WI. NEW BUSINESSES ARE WELCOMED AND INTRODUCE TO THE COMMUNITY.
COMMUNITY DEVELOPMENT - SPECIAL EVENTS BRING CULTURAL AND EDUCATIONAL DEVELOPMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robin Kreibich Executive Di | Officer | 40 | $78,047 |
Candy Peterson Past Preside | OfficerTrustee | 2 | $0 |
Ryan Shervey President | OfficerTrustee | 2 | $0 |
Matthew Tuinstra Vice Preside | OfficerTrustee | 2 | $0 |
Kim Gorres Director | Trustee | 2 | $0 |
Randy Calleja Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $12,590 |
Related organizations | $0 |
Government grants | $58,923 |
All other contributions, gifts, grants, and similar amounts not included above | $63,300 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $134,813 |
Total Program Service Revenue | $65,558 |
Investment income | $6,287 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $3,992 |
Net Income from Fundraising Events | $38,313 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $250,615 |
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. | $78,047 |
Compensation of current officers, directors, key employees. | $11,707 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $8,320 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $10,143 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $3,479 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $4,466 |
Office expenses | $8,477 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $8,363 |
Travel | $2,838 |
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 | $732 |
Insurance | $4,139 |
All other expenses | $8,055 |
Total functional expenses | $146,938 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $87,044 |
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 | $5,725 |
Investments—publicly traded securities | $290,603 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $39,464 |
Total assets | $422,836 |
Accounts payable and accrued expenses | $3,351 |
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 | $93,200 |
Other liabilities | $68,122 |
Total liabilities | $164,673 |
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 | $258,163 |
Total liabilities and net assets/fund balances | $422,836 |
Over the last fiscal year, we have identified 1 grants that New Richmond Chamber Of Commerce has recieved totaling $5,820.
Awarding Organization | Amount |
---|---|
Westfields Hospital Inc Minneapolis, MN PURPOSE: PROGRAM SUPPORT | $5,820 |
Organization Name | Assets | Revenue |
---|---|---|
Statewide Energy Efficiency Andrenewables Administration Inc Madison, WI | $63,794,129 | $99,926,553 |
Information Systems Audit And Control Association Inc Schaumburg, IL | $168,414,298 | $101,751,321 |
International Code Council Inc Country Club Hills, IL | $173,275,221 | $89,069,791 |
American Property Casualty Insurance Association Chicago, IL | $156,045,230 | $59,541,606 |
Society Of Manufacturing Engineers Southfield, MI | $77,116,365 | $66,156,404 |
Healthcare Information And Management Systems Society Chicago, IL | $52,722,997 | $65,054,367 |
Inter-Industry Conference On Auto Collision Repairs Hoffman Estates, IL | $98,841,828 | $60,778,547 |
Iowa Soybean Association Ankeny, IA | $41,040,308 | $49,594,198 |
Society Of Actuaries Professional Association Schaumburg, IL | $48,907,069 | $54,354,624 |
North Central States Regional Council Of Carpenters St Paul, MN | $80,577,529 | $40,138,567 |
Association Of Equipment Manufacturers Milwaukee, WI | $65,690,987 | $35,929,615 |
Ipc International Inc Bannockburn, IL | $35,069,140 | $30,776,508 |