Ludington Area Chamber Of Commerce

Organization Overview

Ludington Area Chamber Of Commerce is located in Ludington, MI. The organization was established in 1942. 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. As of 12/2021, Ludington Area Chamber Of Commerce employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ludington Area 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 12/2021, Ludington Area Chamber Of Commerce generated $608.1k 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 (5.8%) each year. All expenses for the organization totaled $577.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE CHAMBER OF COMMERCE WORKS TO PROMOTE THE ECONOMIC PROSPERTIY OF MASON COUNTY THROUGH BUSINESS DEVELOPMENT EFFORTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ACTIVITIES FOR THE ADVANCE OF MEMBERS AND LOCAL COMMUNITY.


ACTIVITIES FOR THE ADVANCE OF MEMBERS AND LOCAL COMMUNITY.


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Board, Officers & Key Employees

Name (title)Compensation
Sarah Holmes
Past Chair
$0
Patti Klevorn
Chair Elect
$0
Brandy Henderson Miller
President/ce
$0
Thomas Hawley
Directors
$0
Jason Kennedy
Director
$0
Debra Kinnaird
Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$603,655
Investment income $938
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $608,117

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Ludington Area Chamber Of Commerce has recieved totaling $8,000.

Awarding OrganizationAmount
Community Foundation Of St Clair County

Port Huron, MI

PURPOSE: SMALL BUSINESS SUPPORT

$8,000
View Grant Recipient Profile

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