Greater Dowagiac Chamber Of Commerce
- Assets
- $50.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dowagiac, MI
- Founding
- 10/1956
- Data as of
- 12/2022
- EIN
- 38-1461108
Organization Overview
Greater Dowagiac Chamber Of Commerce is located in Dowagiac, MI. The organization was established in 1956. 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. Greater Dowagiac 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, Greater Dowagiac Chamber Of Commerce generated $67.7k 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 (4.1%) each year. All expenses for the organization totaled $81.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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 |
|---|---|---|---|
Kristyn Soenen President | 15 | $0 | |
Dr Timothy Dowsett Vice President | 1 | $0 | |
Mandy Wallace Treasurer | 4 | $0 | |
June Nemeth Secretary | 1 | $0 | |
Don Pye Trustee | 1 | $0 | |
Emily Schrock Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,597 |
| Total Program Service Revenue | $45,631 |
| Membership dues | $18,018 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,831 |
| Total Revenue | $67,690 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,231 |
| Professional fees and other payments to independent contractors | $8,059 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $6,849 |
| Other expenses | $43,812 |
| Total expenses | $80,951 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,157 |
| Other assets | $0 |
| Total assets | $50,362 |
| Total liabilities | $16,101 |
| Net assets or fund balances | $34,261 |