Waterford Area Chamber Of Commerce Inc is located in Waterford, WI. The organization was established in 1983. 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. Waterford Area 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 12/2022, Waterford Area Chamber Of Commerce Inc generated $61.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $70.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (9.7%) per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
NETWORKING BUSINESS, BUILDING THE ECONOMY THROUGH COMMUNICATION, SUPPORT, AND TRUST THROUGHOUT THE COMMUNITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tanya Maney Executive Director | 40 | $35,000 | |
Holly Baumann Vice President | 10 | $0 | |
Jonathon Baugher Treasurer | 5 | $0 | |
Jay Noble President | 10 | $0 | |
John Dovgin Director | 1 | $0 | |
Dave Janikowski Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $16,061 |
Total Program Service Revenue | $0 |
Membership dues | $28,657 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $16,568 |
Other Revenue | $0 |
Total Revenue | $61,286 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $46,475 |
Professional fees and other payments to independent contractors | $2,750 |
Occupancy, rent, utilities, and maintenance | $636 |
Printing, publications, postage, and shipping | $1,915 |
Other expenses | $18,546 |
Total expenses | $70,322 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $33,889 |
Other assets | $0 |
Total assets | $33,889 |
Total liabilities | $2,803 |
Net assets or fund balances | $31,086 |
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