Form 990 for tax year 2022
Filed by FENTON AREA CHAMBER OF COMMERCE.
Totals
- Total revenue
- $387,135
- Total expenses
- $403,617
- Contributions and grants received
- $162,507
- Grants paid
- $0
- Program service revenue
- $210,889
- Investment income
- $8
- Other revenue
- $13,731
- Total assets, end of year
- $336,493
- Total liabilities, end of year
- $305,682
- Net assets or fund balances, end of year
- $30,811
- Program services expenses (Part IX)
- $92,419
- Management and general expenses
- not reported
- Fundraising expenses
- not reported
- Program service expenses (Part III)
- $92,419
Program services were 22.9% 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.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$137,517
-
1f · All other contributions, gifts and grants
$24,990
-
2a · Program service revenue: Golf Outing
total $38,910
-
2b · Program service revenue: Jinglefest
total $35,461
-
2c · Program service revenue: Expo
total $48,262
-
2d · Program service revenue: Taste in Fenton
total $34,490
-
2e · Program service revenue: Chamber Celebration
total $24,350
-
2f · All other program service revenue
total $29,416
-
3 · Investment income
total $8 · excluded $8
-
6a · Gross rents
real property $30,050
-
6b · Less rental expenses
real property $23,004
-
6c · Rental income or loss
real property $7,046
-
6d · Net rental income or loss
total $7,046 · excluded $7,046
-
11a · Other revenue: Advertising
total $4,985 · unrelated business $4,985
-
11b · Other revenue: Miscellaneous Administrative
total $1,700 · excluded $1,700
-
11e · Other revenue, total
$6,685
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $68,731
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $94,007
-
8 · Pension plan contributions
total $4,411
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $13,464
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $2,632
-
11c · Fees: accounting
total $7,976
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $7,457
-
13 · Office expenses
total $14,358
-
14 · Information technology
total $12,857
-
15 · Royalties
total $0
-
16 · Occupancy
total $10,290
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $690
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $10,808
-
23 · Insurance
total $9,302
-
24a · Other expenses: Direct Activity Expenses
total $91,882 · program services $91,882
-
24b · Other expenses: Advertising Marketing Direct Expenses
total $537 · program services $537
-
24c · Other expenses: Maintenance Repairs
total $13,296
-
24d · Other expenses: Bank Charges
total $4,548
-
24e · All other expenses
total $36,371
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $68,906 · end of year $75,401
-
4 · Accounts receivable
beginning of year $44,365 · end of year $40,220
-
9 · Prepaid expenses and deferred charges
beginning of year $3,085 · end of year $9,368
-
10a · Land, buildings and equipment: cost or other basis
$338,903
-
10b · Land, buildings and equipment: accumulated depreciation
$127,444
-
10c · Land, buildings and equipment, net
beginning of year $220,453 · end of year $211,459
-
14 · Intangible assets
beginning of year $45 · end of year $45
-
17 · Accounts payable and accrued expenses
beginning of year $12,138 · end of year $10,564
-
19 · Deferred revenue
beginning of year $137,475 · end of year $149,766
-
23 · Secured mortgages and notes payable
beginning of year $131,923 · end of year $121,045
-
24 · Unsecured notes and loans payable
beginning of year $8,025 · end of year $24,307
-
31 · Retained earnings, endowment or other funds
beginning of year $47,293 · end of year $30,811
Mission and programs · 2022
Mission
The Fenton Regional Chamber of Commerce exists to be a strong advocate for member businesses through services and resources, while fostering the economic vitality and prosperity of the Fenton region.
-
TASTE IN FENTON Event provides an apportunity for local business people to interact and promote themselves and their businesses. This event is held in August in downtown Fenton and involves approximately 30 businesses directly and indirectly and is attended by over 4000 people
Expenses $13,625 · Revenue $34,490
-
GOLF OUTING Opportunity for netwoking among members
Expenses $14,922 · Revenue $38,910
-
CHAMBER CELEBRATION Annual meeting and annual awards dinner recognizing members and outstanding non-member citizens in the community.
Expenses $15,947 · Revenue $24,350
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Ed Koledo
Chair
- Total calculated
- $0
- Hours/week
- 10
-
Rob Wicker
Vice Chari
- Total calculated
- $0
- Hours/week
- 10
-
Dennis Richardson
Treasurer
- Total calculated
- $0
- Hours/week
- 10
-
Elizabeth Knight
Past Chair
- Total calculated
- $0
- Hours/week
- 10
-
Dawn Placek
Secretary
- Total calculated
- $0
- Hours/week
- 10
-
Josh Ingersoll
Exec Committee
- Total calculated
- $0
- Hours/week
- 5
-
Debbie McIntyre
Exec Committee
- Total calculated
- $0
- Hours/week
- 5
-
Andy Barancik
Director
- Total calculated
- $0
- Hours/week
- 5
-
Heidie Cielsielski
Director
- Total calculated
- $0
- Hours/week
- 5
-
Russ Ciesielski
Director
- Total calculated
- $0
- Hours/week
- 5
-
Joel Gibbons
Dierctor
- Total calculated
- $0
- Hours/week
- 5
-
Keith Green
Director
- Total calculated
- $0
- Hours/week
- 5
-
Kristin Howard
Director
- Total calculated
- $0
- Hours/week
- 5
-
Nicole Medich
Director
- Total calculated
- $0
- Hours/week
- 5
-
Michelle Robins
Director
- Total calculated
- $0
- Hours/week
- 5
-
Jennifer Sharp-Scully
Director
- Total calculated
- $0
- Hours/week
- 5
-
Nicole Wax
Director
- Total calculated
- $0
- Hours/week
- 5
-
Julie Williams
Director
- Total calculated
- $0
- Hours/week
- 5
-
Michelle Day
President
- Total calculated
- $0
- Hours/week
- 40
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.
-
501c3 · Community Enrichment · MI
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 29 June 2023
- IRS schema version
- 2022v5.0
- Source object
- 202301829349300605
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.