Waseca Area Chamber Of Commerce Inc is located in Waseca, MN. The organization was established in 1997. 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. Waseca 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, Waseca Area Chamber Of Commerce Inc generated $127.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $143.1k during the year ending 12/2022. 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
REPRESENTING BUSINESS - ENHANCING COMMMUNITY - PROMOTING GROWTH.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Abby Hughes Vice President | 1 | $0 | |
Alyssa Bowers Director | 1 | $0 | |
Nate Bastian President | 1 | $0 | |
Jim Ferch Director | 1 | $0 | |
Heath Miller Treasurer | 1 | $0 | |
Ann Fitch Executive Dir. | 40 | $57,500 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $12,150 |
Total Program Service Revenue | $0 |
Membership dues | $92,976 |
Investment income | $115 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $22,493 |
Other Revenue | $150 |
Total Revenue | $127,884 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $101,038 |
Professional fees and other payments to independent contractors | $9,000 |
Occupancy, rent, utilities, and maintenance | $8,512 |
Printing, publications, postage, and shipping | $886 |
Other expenses | $23,706 |
Total expenses | $143,142 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $114,379 |
Other assets | $0 |
Total assets | $115,707 |
Total liabilities | $66,898 |
Net assets or fund balances | $48,809 |