Local First Milwaukee Inc
- Assets
- $21.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wauwatosa, WI
- Founding
- 04/2013
- Data as of
- 12/2021
- EIN
- 32-0222339
Organization Overview
Local First Milwaukee Inc is located in Wauwatosa, WI. The organization was established in 2013. 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. Local First Milwaukee 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, Local First Milwaukee Inc generated $23.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.1%) each year. All expenses for the organization totaled $7.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (24.5%) per year over the past 7 years. 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
FACILITATING COMMUNITY BUSINESS EVENTS, SOCIAL MEDIA REACH OVER 10,000 INDIVIDUALS AND MEMBERSHIP OF 300 LOCAL BUSINESSES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Evan Gillmore Treasurer | 4 | $0 | |
Diana Schmidt Director | 1 | $0 | |
Dan Nowak Director | 1 | $0 | |
Nancy Quinn Director | 1 | $0 | |
Molly Sullivan Vice President | 1 | $0 | |
Chris Scherman Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,633 |
| Membership dues | $18,504 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $23,137 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $97 |
| Professional fees and other payments to independent contractors | $3,480 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $77 |
| Other expenses | $3,645 |
| Total expenses | $7,299 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,447 |
| Other assets | $0 |
| Total assets | $21,447 |
| Total liabilities | $10,957 |
| Net assets or fund balances | $10,490 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Association Of Tax Professionals Inc Appleton, WI | $15,322,195 | $11,606,289 |
Chicagoland Entrepreneurial Center Chicago, IL | $5,911,149 | $8,140,473 |
Detroit Regional Chamber Foundation Inc Detroit, MI | $6,324,468 | $12,985,195 |
Detroit Regional Chamber Detroit, MI | $15,593,687 | $11,203,489 |
Minnesota Hospital Association St Paul, MN | $27,636,744 | $11,552,322 |
International Dairy-Deli-Bakery Association Madison, WI | $22,953,024 | $8,197,084 |
National Truck Equipment Association Farmington Hills, MI | $27,097,486 | $13,173,388 |
Property Loss Research Bureau Downers Grove, IL | $29,282,847 | $8,342,411 |
National Funeral Directors Association Of The United States I Brookfield, WI | $21,618,319 | $10,407,549 |
Residential Real Estate Council Chicago, IL | $27,056,402 | $11,169,926 |
Engine Manufacturers Association Chicago, IL | $15,542,068 | $8,146,219 |
National Board Of Certification And Recert Of Nurse Anesthetists Chicago, IL | $34,872,411 | $14,011,594 |