Pentwater Chamber Of Commerce
- Assets
- $47.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pentwater, MI
- Founding
- 01/2000
- Data as of
- 12/2023
- EIN
- 38-2869424
Organization Overview
Pentwater Chamber Of Commerce is located in Pentwater, MI. The organization was established in 2000. 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. Pentwater 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, Pentwater Chamber Of Commerce generated $109.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $124.3k during the year ending 12/2023. While expenses have increased by 4.8% per year over the past 8 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda Adams Director | 1 | $0 | |
Ryan Williams Director | 1 | $0 | |
Pat Grossenbacher Director | 1 | $0 | |
Brian Prescott Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,172 |
| Total Program Service Revenue | $61,266 |
| Membership dues | $21,928 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,765 |
| Other Revenue | $0 |
| Total Revenue | $109,131 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $89,931 |
| Occupancy, rent, utilities, and maintenance | $4,756 |
| Printing, publications, postage, and shipping | $4,992 |
| Other expenses | $24,631 |
| Total expenses | $124,310 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,525 |
| Other assets | $0 |
| Total assets | $47,525 |
| Total liabilities | $300 |
| Net assets or fund balances | $47,225 |