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Elkhart Lake Chamber Of Commerce

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 391372547 ✦ Elkhart lake, WI ✦ Designated as a 501(c)(6)

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Overview

What is Elkhart Lake Chamber Of Commerce?

The Elkhart Lake Chamber of Commerce is a vital nonprofit organization situated in Elkhart Lake, dedicated to fostering the economic growth and development of the area. With over 100 member businesses and organizations under its wing, its primary mission is to stimulate sustainability in the local economy. To achieve this, the Chamber offers a variety of business support programs and services. As an additional resource, they manage a local newspaper called Depot Dispatch, which showcases articles on member businesses, historical events, and cultural attractions. The newspaper is released twelve times a year, distributed for free to local residents and tourists, with a print run of 6000 copies.


Official website here: www.elkhartlake.com

Is Elkhart Lake Chamber Of Commerce legitimate?

Elkhart Lake Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Elkhart Lake Chamber Of Commerce submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $77,262

For more financial information, click here


Official website here: www.elkhartlake.com

What is the mission statement of Elkhart Lake Chamber Of Commerce?

The Elkhart Lake Chamber of Commerce serves as a catalyst for the economic growth and development of over 100 member businesses and organizations. Its mission, in essence, is to foster sustainable vitality in the area. To accomplish this, the chamber offers essential business development support and programs. Among their activities, they publish a local newspaper called Depot Dispatch, which showcases member businesses and highlights historical and cultural events. The newspaper, distributed free of charge to local residents and tourists, is published twelve times a year with a print run of 6000 copies.


Official website here: www.elkhartlake.com

What is the revenue of Elkhart Lake Chamber Of Commerce?

Elkhart Lake Chamber Of Commerce's revenue in 2023 was $215,680.


Official website here: www.elkhartlake.com

Who are the executives of Elkhart Lake Chamber Of Commerce and what are their salaries?

The average compensation at Elkhart Lake Chamber Of Commerce during 2023 was $25,754. There are 3 employees at Elkhart Lake Chamber Of Commerce.

Here are 4 key members and their salaries:


Melissa Koehler (Exec Direct)
  • Compensation: $39,688
  • Related: $0
  • Other: $0
John Ewert (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Montaba (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Smith (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.elkhartlake.com

Where can I find the form 990 for Elkhart Lake Chamber Of Commerce?

Elkhart Lake Chamber Of Commerce's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.elkhartlake.com

Learn more at the official website: www.elkhartlake.com

Mission Statement of Elkhart Lake Chamber Of Commerce

The Elkhart Lake Chamber of Commerce is dedicated to fostering the economic growth and development of its surrounding area by providing essential business support and services to over 100 member establishments. This nonprofit organization's mission is to stimulate a sustainable and vital economic environment in the community. To achieve this goal, the Chamber runs a local newspaper named Depot Dispatch, which showcases articles related to member businesses, historical and cultural events, and other noteworthy happenings in the area. This free newspaper, with a circulation of 6000 copies, is distributed to local residents and tourists, serving as a valuable resource for information about the Elkhart Lake area.

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Impact




October, 2024

The Elkhart Lake Chamber of Commerce plays a vital role in fostering economic growth and development within the Elkhart Lake area. By providing essential business development support and services to over 100 member businesses and organizations, it strengthens the local economy and promotes community vitality.

One of its key initiatives is the publication of the Depot Dispatch, a local newspaper that highlights member businesses, historical narratives, and cultural events. With 6,000 copies printed and distributed for free to residents and visitors alike, this publication serves as a crucial platform for community engagement and awareness.

Through its various programs and resources, the Chamber not only supports individual businesses but also creates an environment conducive to sustainable economic growth, making a significant impact on the overall prosperity of Elkhart Lake.




This information is meant to be a general summary of Elkhart Lake Chamber Of Commerce. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$215,680 (2023)
Expenses
$208,805 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,318
  • Program Service Revenue: $162,222
  • Gross Receipts: $218,680

Assets and Liabilities:

  • Total Assets: $162,656
  • Total Liabilities: $60,820
  • Net Assets: $101,836

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

DEPOT DISPATCH INCOME

Revenue

$79,314

ANNUAL EVENTS

Revenue

$40,334

TOURISM COMMISSION

Revenue

$21,000

FARMER/ARTISAN MARKET

Revenue

$20,072

CHAMBER CASH INCOME

Revenue

$1,502

Organization Details

Principal Officer

Todd Smith

NTEE Category

Code: S41Z - Community improvement

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