Downtown Oconomowoc Business Association Inc is located in Oconomowoc, WI. 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. Downtown Oconomowoc Business Association 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, Downtown Oconomowoc Business Association Inc generated $166.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 20.6% each year . All expenses for the organization totaled $145.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kelly Oppold President | 20 | $15,000 | |
Christie Ryan Vice Preside | 20 | $15,000 | |
Susan Shrank Treasurer | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $1,000 |
Total Program Service Revenue | $165,320 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $166,320 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $33,309 |
Professional fees and other payments to independent contractors | $11,855 |
Occupancy, rent, utilities, and maintenance | $6,125 |
Printing, publications, postage, and shipping | $236 |
Other expenses | $94,007 |
Total expenses | $145,532 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $216,583 |
Other assets | $0 |
Total assets | $220,795 |
Total liabilities | $1,899 |
Net assets or fund balances | $218,896 |