Monona Chamber Of Commerce Inc
- Assets
- $118.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Monona, WI
- Founding
- 02/1993
- Data as of
- 12/2021
- EIN
- 39-1692570
Organization Overview
Monona Chamber Of Commerce Inc, operating under the name Monona East Side Business Alliance, is located in Monona, WI. The organization was established in 1993. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Monona East Side Business Alliance employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Monona East Side Business Alliance 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, Monona East Side Business Alliance generated $94.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $130.8k during the year ending 12/2021. 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
PROMOTION OF COMMERCE IN THE CITY OF MONONA WI AND THE EAST SIDE OF THE CITY OF MADISON WI.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jaye Clemmons Vice-Preside | 5 | $0 | |
William Morgan President | 5 | $0 | |
Leah Hernandez Secretary | 5 | $0 | |
Blair Butters Treasurer | 5 | $0 | |
Loren Fisher Director | 1 | $0 | |
Shawn Nesbitt Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $14,838 |
| Membership dues | $47,842 |
| Investment income | $21 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,612 |
| Other Revenue | $26,250 |
| Total Revenue | $94,563 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $86,372 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $106 |
| Other expenses | $44,368 |
| Total expenses | $130,846 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $100,865 |
| Other assets | $0 |
| Total assets | $117,966 |
| Total liabilities | $125,040 |
| Net assets or fund balances | -$7,074 |
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