East Jordan Area-Chamber Of Commerce
- Assets
- $94.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- East Jordan, MI
- Founding
- 12/1944
- Data as of
- 12/2023
- EIN
- 38-6095943
Organization Overview
East Jordan Area-Chamber Of Commerce is located in East Jordan, MI. The organization was established in 1944. 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. East Jordan Area-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, East Jordan Area-Chamber Of Commerce generated $105.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $107.9k during the year ending 12/2023. While expenses have increased by 0.8% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Faculak President | 37 | $50,190 | |
Dan Bennett Vice Chair | 5 | $0 | |
Billie Jo Solgot Secretary/treasurer | 5 | $0 | |
Shannon Fender Office Manager | 30 | $26,085 | |
Nate Dionne Board Member | 0 | $0 | |
Al Stallard Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $51,099 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $48,736 |
| Other Revenue | $5,170 |
| Total Revenue | $105,005 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $82,197 |
| Professional fees and other payments to independent contractors | $1,205 |
| Occupancy, rent, utilities, and maintenance | $10,856 |
| Printing, publications, postage, and shipping | $699 |
| Other expenses | $12,925 |
| Total expenses | $107,882 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $92,592 |
| Other assets | $0 |
| Total assets | $94,852 |
| Total liabilities | $0 |
| Net assets or fund balances | $94,852 |