Northern Macomb Regional Chamber Of Commerce
- Assets
- $41.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Romeo, MI
- Founding
- 10/2003
- Data as of
- 12/2023
- EIN
- 38-2397305
Organization Overview
Northern Macomb Regional Chamber Of Commerce is located in Romeo, MI. The organization was established in 2003. 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 12/2023, Northern Macomb Regional Chamber Of Commerce employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northern Macomb Regional 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, Northern Macomb Regional Chamber Of Commerce generated $146.5k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $147.3k during the year ending 12/2023. While expenses have increased by 5.0% 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 Mission:
Part 3 - Line 1
BUSINESS GROWTH & DEVELOPMENT
Describe the Organization's Program Activity:
Part 3
SEVERAL NETWORKING OPPORTUNITIES TO PROMOTE BUSINESS GROWTH AND RECOGNIZE COMMUNITY ACHEVEMENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Mclear President Elect | 1 | $0 | |
Donna Aul Treasurer | 1 | $0 | |
Kelly Stephens Executive Director | 47 | $41,880 | |
Debra Sisco Admin Assistant | 16 | $11,975 | |
Joe Brewer Board Member | 1 | $0 | |
Linda Lindberg Alternate Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $53,420 |
| Investment income | $458 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $23,801 |
| Other Revenue | $68,789 |
| Total Revenue | $146,468 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $53,855 |
| Professional fees and other payments to independent contractors | $7,070 |
| Occupancy, rent, utilities, and maintenance | $13,715 |
| Printing, publications, postage, and shipping | $5,828 |
| Other expenses | $66,786 |
| Total expenses | $147,254 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,289 |
| Other assets | $0 |
| Total assets | $41,289 |
| Total liabilities | $21,036 |
| Net assets or fund balances | $20,253 |