Ephraim Business Council is located in Ephraim, WI. The organization was established in 2010. 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. Ephraim Business Council 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, Ephraim Business Council generated $167.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $189.7k during the year ending 12/2022. While expenses have increased by 6.4% per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
INCREASE IN THE NUMBER OF TOURIST SERVICED AND EDUCATED.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lane Methner Administrator | 40 | $50,000 | |
Brad Russell Vice-President | 1 | $0 | |
Sarah Martin President | 1 | $0 | |
Missy Labelle Board Member | 1 | $0 | |
Carly Mulliken Board Member | 1 | $0 | |
Cody Schreck Board Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $144,427 |
| Membership dues | $18,615 |
| Investment income | $78 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $167,381 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $95,586 |
| Professional fees and other payments to independent contractors | $5,275 |
| Occupancy, rent, utilities, and maintenance | $14,515 |
| Printing, publications, postage, and shipping | $1,546 |
| Other expenses | $72,793 |
| Total expenses | $189,715 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $168,722 |
| Other assets | $0 |
| Total assets | $178,143 |
| Total liabilities | $19,237 |
| Net assets or fund balances | $158,906 |