Lodi & Lake Wisconsin Chamber Of Commerce Inc
- Assets
- $177.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lodi, WI
- Founding
- 08/2016
- Data as of
- 12/2023
- EIN
- 47-5616425
Organization Overview
Lodi & Lake Wisconsin Chamber Of Commerce Inc is located in Lodi, WI. The organization was established in 2016. 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. Lodi & Lake Wisconsin 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 12/2023, Lodi & Lake Wisconsin Chamber Of Commerce Inc generated $93.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $98.2k during the year ending 12/2023. While expenses have increased by 6.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Program Activity:
Part 3
TO LEAD IN THE CREATION, PROMOTION AND ENRICHMENTOF THE BUSINESS COMMUNITY AND ENVIRONMENT IN THE LODIAND LAKE WISCONSIN AREA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jan Clingman Secretary | 1 | $0 | |
Erica Ray Treasurer | 1 | $0 | |
Heidi Lehew Executive Director | 1 | $0 | |
Brittanie Dempsey President | 1 | $0 | |
Michael Ingalls Vice President | 1 | $0 | |
Heidi Schroeder Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,460 |
| Total Program Service Revenue | $0 |
| Membership dues | $41,308 |
| Investment income | $97 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $40,248 |
| Other Revenue | $0 |
| Total Revenue | $93,113 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,223 |
| Salaries, other compensation, and employee benefits | $59,623 |
| Professional fees and other payments to independent contractors | $785 |
| Occupancy, rent, utilities, and maintenance | $12,217 |
| Printing, publications, postage, and shipping | $2,359 |
| Other expenses | $22,005 |
| Total expenses | $98,212 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,510 |
| Other assets | $0 |
| Total assets | $177,248 |
| Total liabilities | $84,107 |
| Net assets or fund balances | $93,141 |