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 12/2021, Waseca Area Chamber Of Commerce Inc generated $135.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $126.2k 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
REPRESENTING BUSINESS - ENHANCING COMMMUNITY - PROMOTING GROWTH.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ann Fitch Executive Dir. | 40 | $57,500 | |
Julie Green Director | 1 | $0 | |
Abby Hughes Vice President | 1 | $0 | |
Ralph Castro Past President | 1 | $0 | |
Megan Lynch Director | 1 | $0 | |
Nate Bastian President | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $18,236 |
Total Program Service Revenue | $0 |
Membership dues | $99,401 |
Investment income | $445 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $14,703 |
Other Revenue | $2,699 |
Total Revenue | $135,484 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $83,844 |
Professional fees and other payments to independent contractors | $9,655 |
Occupancy, rent, utilities, and maintenance | $8,400 |
Printing, publications, postage, and shipping | $586 |
Other expenses | $23,750 |
Total expenses | $126,235 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $128,933 |
Other assets | $0 |
Total assets | $131,039 |
Total liabilities | $66,972 |
Net assets or fund balances | $64,067 |
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