Form 990 for tax year 2022

Totals

Total revenue

$616,109

Total expenses

$714,174

Contributions and grants received

$349,802

Grants paid

$38,250

Program service revenue

$224,106

Investment income

$0

Other revenue

$42,201

Total assets, end of year

$277,784

Total liabilities, end of year

$154,824

Net assets or fund balances, end of year

$122,960

Program services expenses (Part IX)

$601,745

Management and general expenses

$87,750

Fundraising expenses

$24,679

Program service expenses (Part III)

$601,745

Program services were 84.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2022

• BUSINESS SUPPORT THE MAUI CHAMBER OF COMMERCE IS A BUSINESS MEMBERSHIP ORGANIZATION COMPRISED OF BUSINESSES FROM ALL SECTORS, ALL SIZES, AND ALL AREAS OF THE ISLAND. THE ORGANIZATION OFFERS A VARIETY OF PROGRAMS TO BENEFIT ITS BUSINESS MEMBERS (OVER 90% OF WHICH ARE SMALL BUSINESSES WITH TWENTY-FIVE OR FEWER EMPLOYEES). BUSINESS SUPPORT PROGRAMS ARE AIMED AT HELPING OUR MEMBERS PLAN FOR A SUSTAINABLE FUTURE, BUILD RELATIONSHIPS, MARKET AND PROMOTE THEIR BUSINESS, MAXIMIZE OPPORTUNITIES AND GROW AND PROSPER. PROGRAMS INCLUDE: ADVOCACY AND PUBLIC EDUCATION OF ISSUES IMPORTANT TO BUSINESSES, SUCH AS CREATING A "BUSINESS FRIENDLY" ENVIRONMENT, ADDRESSING APPROPRIATE REGULATION, AND CREATING WINNING SOLUTIONS THAT EMBRACE THE TRIPLE BOTTOM-LINE VIEW OF SUSTAINABILITY (ECONOMY, ENVIRONMENT AND SOCIAL WELL-BEING); VARIOUS SMALL BUSINESS AWARDS PROGRAMS TO HONOR AND RECOGNIZE OUTSTANDING BUSINESSES; LUNCHEON MEETINGS THAT PROVIDE ACCESS TO KEY LEADERS (SUCH AS THE GOVERNOR & MAYOR) AND PROVIDE EDUCATION ON IMPORTANT ECONOMIC TOPICS; MONTHLY BUSINESS AFTER HOURS NETWORKING EVENTS TO ESTABLISH AND BUILD RELATIONSHIPS; COST-EFFECTIVE ADVERTISING AND PROMOTIONAL OPPORTUNITIES; CONSTANT COMMUNICATION THROUGH THE ORGANIZATION'S WEBSITE AND WEEKLY ENEWS UPDATES TO KEEP BUSINESSES ABREAST OF IMPORTANT BUSINESS, COMMUNITY AND STATE ISSUES; AND THE DEVELOPMENT OF OTHER PROGRAMS THAT BENEFIT LOCAL BUSINESSES.

  Expenses $284,058

• EDUCATION AND TRAINING THE ORGANIZATION RESEARCHES, PLANS AND OFFERS TIMELY SEMINARS AND WORKSHOPS FOR ITS BUSINESS MEMBERS AS WELL AS THE COMMUNITY AT LARGE. SOME EDUCATION AND TRAINING EVENTS ARE HELD ANNUALLY, LIKE THE ANNUAL LABOR LAW SEMINAR TO KEEP BUSINESSES ABREAST OF THE LATEST LAWS IMPACTING THEIR BUSINESS, WITH OTHERS HELD PERIODICALLY AS INTERESTS/NEEDS ARISE. PERIODIC EDUCATION AND TRAINING TOPICS INCLUDE: ADVERTISING AND PROMOTION, CUSTOMER SERVICE, FINANCING, SALES, SUCCESSION PLANNING, ETC.

  Expenses $27,115 · Grants $3,750

• ECONOMIC DEVELOPMENT/INDUSTRY SUPPORT A STRONG ECONOMIC CLIMATE IMPROVES BUSINESS GROWTH AND SUCCESS. THE MAUI CHAMBER OF COMMERCE WORKS WITH VARIOUS PARTNERS ON PROJECTS AND PROGRAMS THAT STRENGTHEN OUR ECONOMY AND SUPPORT INDUSTRY DEVELOPMENT AND EXPANSION. A KEY ECONOMIC DEVELOPMENT PROGRAM IS THE ANNUAL MADE IN MAUI COUNTY FESTIVAL WHICH FEATURES LOCALLY MADE PRODUCTS AND MANUFACTURERS IN MAUI COUNTY AND CONNECTS THEM WITH BUYERS, WHOLESALERS AND DISTRIBUTORS AND THE PUBLIC (THROUGH A PUBLIC SHOPPING DAY) TO HELP THEM INCREASE SALES AND PRODUCT AWARENESS. THE EVENT IS SUPPORTED BY THE COUNTY OF MAUI OFFICE OF ECONOMIC DEVELOPMENT. THE ORGANIZATION ALSO INCLUDES THREE TRADE COUNCILS - THE MADE IN MAUI TRADE COUNCIL,WHICH BENEFITS LOCAL MANUFACTURERS, THE CONSTRUCTION INDUSTRY OF MAUI TRADE COUNCIL (CIM), WHICH SUPPORTS BUSINESSES RELATED TO ALL FACETS OF THE CONSTRUCTION INDUSTRY AND THE PROFESSIONAL RENTAL MANAGEMENT ASSOCIATION (PRMA) THAT SUPPORTS BUSINESSES ENGAGED IN THE MANAGEMENT OF LEGAL VACATION AND RENTAL PROPERTIES. CIM HAS CREATED A SCHOLARSHIP PROGRAM TO SUPPORT LOCAL HIGH SCHOOL GRADUATES LAUNCHING INTO THE CONSTRUCTION INDUSTRY OR A SUPPORTING FIELD. ADDITIONALLY, OTHER ECONOMIC OR INDUSTRY PROGRAMS ARE CREATED AS NEEDED OR NEW OPPORTUNITIES ARISE.

  Expenses $290,572 · Grants $34,500

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

• MAUI CHAMBER OF COMMERCE FOUNDATION

  501 C3 · ECONOMIC · HI

  Directly controlled by NA

Provenance

Return type

form_990

Tax year

2022

Filed

15 May 2024

IRS schema version

2022v5.0

Source object

202421369349314557

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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