Twin Lakes Area Chamber Of Commerce
- Assets
- $75.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Twin Lakes, WI
- Founding
- 00/0000
- Data as of
- 12/2020
- EIN
- 39-1165966
Organization Overview
Twin Lakes Area Chamber Of Commerce is located in Twin Lakes, WI. The organization was established in 0000. 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. Twin Lakes 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 12/2020, Twin Lakes Area Chamber Of Commerce generated $27.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.1%) each year. All expenses for the organization totaled $28.6k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (9.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lorraine Cerer Chairperson | 0.25 | $0 | |
Corina Kretschmer Secretary | 0 | $0 | |
Anne Lyons Treasurer | 0 | $0 | |
Darren Hillock Director | 0 | $0 | |
Dena Prestininzi Director | 0 | $0 | |
Jennelle Olson Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,700 |
| Total Program Service Revenue | $3,241 |
| Membership dues | $11,685 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,060 |
| Other Revenue | $972 |
| Total Revenue | $27,662 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,671 |
| Professional fees and other payments to independent contractors | $2,170 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $342 |
| Other expenses | $13,394 |
| Total expenses | $28,577 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,847 |
| Other assets | $0 |
| Total assets | $75,129 |
| Total liabilities | $915 |
| Net assets or fund balances | $74,214 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Association Of Tax Professionals Inc Appleton, WI | $15,322,195 | $11,606,289 |
Chicagoland Entrepreneurial Center Chicago, IL | $5,911,149 | $8,140,473 |
Detroit Regional Chamber Foundation Inc Detroit, MI | $6,324,468 | $12,985,195 |
Detroit Regional Chamber Detroit, MI | $15,593,687 | $11,203,489 |
Minnesota Hospital Association St Paul, MN | $27,636,744 | $11,552,322 |
International Dairy-Deli-Bakery Association Madison, WI | $22,953,024 | $8,197,084 |
National Truck Equipment Association Farmington Hills, MI | $27,097,486 | $13,173,388 |
Property Loss Research Bureau Downers Grove, IL | $29,282,847 | $8,342,411 |
National Funeral Directors Association Of The United States I Brookfield, WI | $21,618,319 | $10,407,549 |
Residential Real Estate Council Chicago, IL | $27,056,402 | $11,169,926 |
Engine Manufacturers Association Chicago, IL | $15,542,068 | $8,146,219 |
National Board Of Certification And Recert Of Nurse Anesthetists Chicago, IL | $34,872,411 | $14,011,594 |