Elkhart Lake Chamber Of Commerce

Organization Overview

Elkhart Lake Chamber Of Commerce is located in Elkhart Lake, WI. The organization was established in 1981. 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, Elkhart Lake Chamber Of Commerce employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elkhart Lake 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, Elkhart Lake Chamber Of Commerce generated $172.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $177.3k during the year ending 12/2021. While expenses have increased by 0.7% 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.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ELKHART LAKE AREA CHAMBER OF COMMERCE PROVIDES KEY BUSINESS DEVELOPMENT SUPPORT, PROGRAMS AND SERVICES TO OVER 100 MEMBER BUSINESSES AND ORGANIZATIONS. THE MISSION IS TO STIMULATE SUSTAINABLE ECONOMIC GROWTH, DEVELOPMENT AND VITALITY IN THE ELKHART LAKE AREA.

Describe the Organization's Program Activity:

Part 3

DEPOT DISPATCH-THE CHAMBER RUNS THE LOCAL NEWSPAPER CALLED THE DEPOT DISPATCH. THIS IS A TWELVE ISSUE NEWSPAPER FEATURING ARTICLES REGARDING MEMBER BUSINESSES, HISTORICAL AND CULTURAL EVENTS IN OUR AREA. FREE TO LOAL ZIP CODES AND TOURISTS. 6000 COPIES PRINTED PER ISSUE.


LODGING PROGRAM-THE CHAMBER OFFERS A LODGING PROGRAM WHERE WE CONTRACT WITH LOCAL OWNERS OF COTTAGES, HOUSES AND APARTMENTS TO RENT THEM TO TOURISTS WHO COME IN THE SUMMER. WE COLLECT A 15% FEE FROM THE LANDLORDS FOR THIS SERVICE AND A 15 FEE FROM THE TENANTS.


FARMERS & ARTISAN'S MARKET-THE CHAMBER RUNS A FARMERS & ARTISAN'S MARKET IN ELKHART LAKE ON 19 SATURDAYS IN THE SUMMER.


THE ELKHART LAKE AREA CHAMBER OF COMMERCE SUPPORTS ITS MEMEBER BUSINESSES AND PROMOTES THE OPPORTUNITY FOR SUSTAINABLE ECONOMIC GROWTH AND DEVELOPMENT.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$26,060
Total Program Service Revenue$114,608
Membership dues$0
Investment income $0
Gain or Loss$0
Net Income from Gaming & Fundraising$31,164
Other Revenue$253
Total Revenue$172,085

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