Oscoda Ausable Chamber Of Commerce is located in Oscoda, MI. The organization was established in 1996. 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. Oscoda Ausable 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 12/2023, Oscoda Ausable Chamber Of Commerce generated $111.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $100.2k during the year ending 12/2023. While expenses have increased by 6.2% per year over the past 9 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Program Activity:
Part 3
PROMOTE BUSINESS GROWTH
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherry Kohl President | 0 | $0 | |
Wendy Kramer Vice Preside | 0 | $0 | |
Belle Flora Director | 0 | $0 | |
Brianne Becker Director | 0 | $0 | |
Jennifer Jackson Director | 0 | $0 | |
Stacy Rich Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,800 |
| Membership dues | $30,787 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $72,234 |
| Other Revenue | $6,226 |
| Total Revenue | $111,049 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $31,470 |
| Professional fees and other payments to independent contractors | $2,110 |
| Occupancy, rent, utilities, and maintenance | $6,096 |
| Printing, publications, postage, and shipping | $2,647 |
| Other expenses | $57,890 |
| Total expenses | $100,213 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,348 |
| Other assets | $0 |
| Total assets | $71,045 |
| Total liabilities | $3,259 |
| Net assets or fund balances | $67,786 |