Ironwood Chamber Of Commerce
- Assets
- $45.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ironwood, MI
- Founding
- 10/1943
- Data as of
- 12/2022
- EIN
- 38-0681065
Organization Overview
Ironwood Chamber Of Commerce is located in Ironwood, MI. The organization was established in 1943. 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. Ironwood Chamber Of Commerce 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, Ironwood Chamber Of Commerce generated $48.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $45.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (11.9%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sam Davey President | 0 | $0 | |
Christina Lamaide Vice-Preside | 0 | $0 | |
Nicole Hellman Treasurer | 0 | $0 | |
Randy Kirchoff Secretary | 0 | $0 | |
Joe Lemke Director | 0 | $0 | |
Mark Schwanz Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,938 |
| Total Program Service Revenue | $0 |
| Membership dues | $31,371 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $15,219 |
| Other Revenue | $0 |
| Total Revenue | $48,529 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,396 |
| Professional fees and other payments to independent contractors | $1,140 |
| Occupancy, rent, utilities, and maintenance | $2,280 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $32,840 |
| Total expenses | $45,656 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,210 |
| Other assets | $0 |
| Total assets | $45,310 |
| Total liabilities | $632 |
| Net assets or fund balances | $44,678 |