Keweenaw Peninsula Chamber Of Commerce
- Assets
- $199.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Houghton, MI
- Founding
- 11/1960
- Data as of
- 12/2022
- EIN
- 38-1621057
Organization Overview
Keweenaw Peninsula Chamber Of Commerce is located in Houghton, MI. The organization was established in 1960. 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. Keweenaw Peninsula 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, Keweenaw Peninsula Chamber Of Commerce generated $143.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $98.1k 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 BUSINESS AND THE GENERAL WELFARE OF HOUGHTON & KEWEENAW COUNTIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Myers President | 1 | $0 | |
Jan Cole Vice Preside | 1 | $0 | |
Angela Luskin Secretary | 1 | $0 | |
James Desrochers Director | 1 | $0 | |
Morgan Impola Treasurer | 3 | $0 | |
Amy Roberts Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,000 |
| Membership dues | $127,620 |
| Investment income | $1,141 |
| Gain or Loss | -$831 |
| Net Income from Gaming & Fundraising | $5,781 |
| Other Revenue | $8,384 |
| Total Revenue | $143,095 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $44,547 |
| Professional fees and other payments to independent contractors | $7,060 |
| Occupancy, rent, utilities, and maintenance | $8,673 |
| Printing, publications, postage, and shipping | $1,311 |
| Other expenses | $35,863 |
| Total expenses | $98,054 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $185,818 |
| Other assets | $0 |
| Total assets | $199,869 |
| Total liabilities | $62,795 |
| Net assets or fund balances | $137,074 |