Business Forum Inc
- Assets
- $26.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, WI
- Founding
- 11/1989
- EIN
- 39-1633391
Organization Overview
Business Forum Inc is located in Madison, WI. The organization was established in 1989. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, 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. Business Forum Inc 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 undefined, Business Forum Inc generated $9.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (15.6%) each year. All expenses for the organization totaled $13.1k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (11.6%) per year over the past 3 years. 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
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION HOLDS MONTHLY MEMBERSHIP MEETINGS TO PROVIDE NETWORKING AND EDUCATIONAL OPPORTUNITIES THROUGH PROGRAMMING MADE UP OF BUSINESS AND OTHER LEADERS IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carrie Waters Schmidt President | 2 | $0 | |
Chassidy Comella President Elect | 2 | $0 | |
Lori Huston-Dinga Past President | 2 | $0 | |
Cora Decorah Treasurer | 2 | $0 | |
Sarah Ripp Secretary | 3 | $0 | |
Ngina Ali Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $45 |
| Total Program Service Revenue | $3,413 |
| Membership dues | $5,973 |
| Investment income | $38 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $9,469 |
| Statement of Expenses | |
|---|---|
| Total expenses | $13,119 |
| Balance Sheet | |
|---|---|
| Total assets | $26,420 |
| Total liabilities | $3,950 |
| Net assets or fund balances | $22,470 |