Marinette Menominee Area Chamber Foundation Inc is located in Marinette, WI. The organization was established in 1985. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, 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. Marinette Menominee Area Chamber Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, Marinette Menominee Area Chamber Foundation Inc generated $5.2k 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 (23.4%) each year. All expenses for the organization totaled $8.1k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (21.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
FOUNDATION PROVIDES SERVICES AND ACTIVITIES TO CARRY OUT COMMUNITY DEVELOPMENT IN THE LOCAL COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jan Allman President-Elect | 2 | $0 | |
John Hofer Vice President | 2 | $0 | |
Jacqueline Boudreau Secretary | 2 | $0 | |
Donna Macco Treasurer | 2 | $0 | |
Kathleen Ziminski Trustee | 1 | $0 | |
Ann Kresl Past President | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $3,869 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $5 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $1,284 |
Total Revenue | $5,158 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $1,810 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $6,317 |
Total expenses | $8,127 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $13,161 |
Other assets | $0 |
Total assets | $13,659 |
Total liabilities | $550 |
Net assets or fund balances | $13,109 |
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