Gaines Chamber Of Commerce
- Assets
- $36.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Caledonia, MI
- Founding
- 09/2004
- Data as of
- 12/2022
- EIN
- 38-3592813
Organization Overview
Gaines Chamber Of Commerce is located in Caledonia, MI. The organization was established in 2004. 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. Gaines 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, Gaines Chamber Of Commerce generated $69.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $57.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (11.0%) per year over the past 7 years. 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 |
|---|---|---|---|
Barb Nauta Executive Di | 0 | $14,300 | |
Brad Spurlin President | 0 | $0 | |
Jay Mahabir Vice Preside | 0 | $0 | |
Maria Robertson Secretary | 0 | $0 | |
Matthew Hofman Treasurer | 0 | $0 | |
Amber Lenhart Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $58,304 |
| Investment income | $34 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,484 |
| Other Revenue | $7,750 |
| Total Revenue | $69,572 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,550 |
| Professional fees and other payments to independent contractors | $2,740 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $765 |
| Other expenses | $17,428 |
| Total expenses | $57,737 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,928 |
| Other assets | $0 |
| Total assets | $36,629 |
| Total liabilities | $0 |
| Net assets or fund balances | $36,629 |