Chamber Of Manitowoc County Foundation Inc
- Assets
- $578.6k
- Revenue
- $98.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Manitowoc, WI
- Founding
- 10/1987
- Data as of
- 12/2023
- EIN
- 39-1594853
Organization Overview
Chamber Of Manitowoc County Foundation Inc is located in Manitowoc, WI. The organization was established in 1987. 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. Chamber Of Manitowoc County Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Chamber Of Manitowoc County Foundation Inc generated $98.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $107.5k during the year ending 12/2023. While expenses have increased by 1.5% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATIONAL PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEADERSHIP MANITOWOC COUNTY PROVIDES EXCELLENT OPPORTUNITIES FOR LEADERS AND OUR FUTURE LEADERS TO STRENGTHEN THEIR COMMUNITY LEADERSHIP SKILLS, INCREASE THEIR UNDERSTANDING OF OUR COMMUNITY NEEDS AND OFFERINGS, AND TO EMPOWER AND ENCOURAGE THEM TO ASSUME LEADERSHIP ROLES WITHIN THE COMMUNITIES. LEADERSHIP MANITOWOC COUNTY CLASS IS COMPRISED OF LEADERS THROUGHOUT MANITOWOC COUNTY FROM VARIOUS BUSINESSES SUCH AS HEALTHCARE, FINANCE, SERVICE ORGANIZATIONS, SCHOOLS, AND LOCAL BUSINESSES.PARTICIPANTS ATTEND ONE SESSION A MONTH COVERING A DIFFERENT THEME EACH MONTH. THESE SESSIONS USUALLY INCLUDE TEAMBUILDING, HISTORY AND HERITAGE, DIVERSITY, EDUCATION, GOVERNMENT, ENVIRONMENT AND HEALTH, HUMAN SERVICES, PUBLIC SAFETY AND AGRICULTURE. THE CLASS ALSO DIVIDES INTO TEAMS AND WILL VOLUNTEER FOR VARIOUS COMMUNITY-FOCUSED PROJECTS. THIS INCLUDES VOLUNTEERING WITH COMMUNITY AND SERVICE ORGANIZATIONS, AND HELPING WITH DIFFERENT CHARITABLE EVENTS.
VARIOUS OTHER WORKFORCE INITIATVES RELATING TO SCHOLARSHIPS, CAREER EDUCATION, AND WORKPLACE WELLNESS AND SAFETY.
JUNIOR LEADERSHIP MANITOWOC COUNTY. JUNIOR LEADERSHIP MANITOWOC COUNTY COMPRISED OF JUNIOR HIGH SCHOOL STUDENTS FROM NEARLY ALL MANITOWOC COUNTY HIGH SCHOOLS SUCH AS, MANITOWOC LINCOLN, MANITOWOC LUTHERAN, MANITOWOC RONCALLI, MISHICOT, TWO RIVERS, AND VALDERS. PARTICIPANTS ATTEND ONE SESSION A MONTH COVERING A DIFFERENT THEME EACH MONTH. THESE SESSIONS USUALLY INCLUDE TEAMBUILDING, HISTORY AND HERITAGE, DIVERSITY, EDUCATION, GOVERNMENT, ENVIRONMENT AND HEALTH, HUMAN SERVICES, PUBLIC SAFETY, AND AGRICULTURE.THE CLASS ALSO DIVIDES INTO TEAMS AND WILL VOLUNTEER FOR VARIOUS COMMUNITY-FOCUSED PROJECTS. THIS INCLUDES VOLUNTEERING WITH COMMUNITY AND SERVICE ORGANIZATIONS, AND HELPING WITH DIFFERENT CHARITABLE EVENTS.
THE CHAMBER OF MANITOWOC COUNTY IN PARTNERSHIP WITH UNIVERSITY OF WISCONSIN-GREEN BAY, MANITOWOC CAMPUS, LAKELAND UNIVERSITY AND LAKESHORE TECHNICAL COLLEGE ARE PLEASED TO OFFER ADVANCED LEADERSHIP: EDUCATION, EMPOWER, ELEVATE. THIS EXCITING NEW PROGRAM HAS BEEN DEVELOPED FOR THE MID TO SENIOR-LEVEL MANAGERS, NONPROFIT ADMINISTRATORS, AND ENTREPRENEURS SEEKING ADVANCED LEADERSHIP AND COMMUNICATION SKILLS TO MOVE THEIR CAREERS AND ORGANIZATIONS FORWARD. EACH SESSION WIL BE TAUGHT BY INSTRUCTORS FROM THE PARTNER COLLEGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Nichols President | OfficerTrustee | 1 | $0 |
Amy Townsend Director | Trustee | 1 | $0 |
Andy Krajnek Director | Trustee | 1 | $0 |
Colleen Inman Director | Trustee | 1 | $0 |
Chad Zeller Director | Trustee | 1 | $0 |
Scott Mcmeans Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $64,429 |
| Investment income | $2,090 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $30,000 |
| Net Gain/Loss on Asset Sales | $1,588 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $98,107 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $4,631 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,675 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $118 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $14,829 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,645 |
| Insurance | $0 |
| All other expenses | $16,522 |
| Total functional expenses | $107,544 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $127,029 |
| Savings and temporary cash investments | $45,423 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,847 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $310,598 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $91,716 |
| Total assets | $578,613 |
| Accounts payable and accrued expenses | $6,367 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $314,415 |
| Total liabilities | $320,782 |
| Net assets without donor restrictions | $257,831 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $578,613 |