Mishawaka Business Association Inc
- Assets
- $58.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mishawaka, IN
- Founding
- 05/1989
- Data as of
- 12/2022
- EIN
- 35-1484900
Organization Overview
Mishawaka Business Association Inc is located in Mishawaka, IN. The organization was established in 1989. 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. Mishawaka 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, Mishawaka Business Association Inc generated $39.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $52.8k 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
PROMOTE GROWING BUSINESS ENVIRONMENT IN MISHAWAKA. BE A RESOURCE AND ADVOCATE FOR ASSOCIATION'S MEMBERS WHILE SUPPORTING, FACILITATING AND ENHANCING COMMERCIAL OPPORTUNITIES IN THE CITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Riley Immediate Pa | 1 | $0 | |
Stacy Vervynckt President | 2 | $0 | |
Barry Wertz Secretary/tr | 1 | $0 | |
Doug Elder Board Member | 1 | $0 | |
Lou Ann Hazen Board Member | 1 | $0 | |
Gregg Hixenbaugh Board Member | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,604 |
| Total Program Service Revenue | $0 |
| Membership dues | $14,773 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$9,662 |
| Other Revenue | $0 |
| Total Revenue | $39,715 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $21,500 |
| Professional fees and other payments to independent contractors | $2,570 |
| Occupancy, rent, utilities, and maintenance | $2,039 |
| Printing, publications, postage, and shipping | $214 |
| Other expenses | $25,052 |
| Total expenses | $52,825 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $46,699 |
| Other assets | $0 |
| Total assets | $58,616 |
| Total liabilities | $26,072 |
| Net assets or fund balances | $32,544 |