Racine Area Manufacturers And Commerce Inc

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

EIN: 391403335 ✦ Racine, WI ✦ Designated as a 501(c)(6)

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Overview

What is Racine Area Manufacturers And Commerce Inc?

Racine Area Manufacturers and Commerce Inc, located at 300 Fifth Street, Racine, Wisconsin 53403, serves as a prominent advocate for the local business community. Their primary mission is to advance issues significant to the business sector, offering assistance to member businesses in navigating public policy challenges. Acting as a champion for Racine's business community, they strive to foster the growth and development of the local business environment, serving as its powerful voice. The organization currently employs 55 individuals, demonstrating its dedication and commitment to the Racine business community.


Official website here: www.racinechamber.com

Is Racine Area Manufacturers And Commerce Inc legitimate?

Racine Area Manufacturers And Commerce Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Racine Area Manufacturers And Commerce Inc submitted a form 990, 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: $156,207
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,608,293

For more financial information, click here


Official website here: www.racinechamber.com

What is the mission statement of Racine Area Manufacturers And Commerce Inc?

The mission of Racine Area Manufacturers and Commerce Inc. is centered around promoting the growth and advancement of its business community. In this role, the organization acts as an advocate, representing the collective interests of businesses. One of their key activities involves promoting issues that are significant to the business community. Furthermore, they provide assistance to their member businesses in navigating public policy challenges. In essence, Racine Area Manufacturers and Commerce Inc. works to foster a thriving business environment and serve as a powerful voice for the business community.


Official website here: www.racinechamber.com

Who is the CEO of Racine Area Manufacturers And Commerce Inc?

Matt Montemurro is the CEO of Racine Area Manufacturers And Commerce Inc The CEO's salary of Racine Area Manufacturers And Commerce Inc is $142,164 and their total compensation is $155,703.


Official website here: www.racinechamber.com

What is the revenue of Racine Area Manufacturers And Commerce Inc?

Racine Area Manufacturers And Commerce Inc's revenue in 2024 was $2,657,510.


Official website here: www.racinechamber.com

Who are the executives of Racine Area Manufacturers And Commerce Inc and what are their salaries?

The average compensation at Racine Area Manufacturers And Commerce Inc during 2024 was $35,290. There are 50 employees and 50 volunteers at Racine Area Manufacturers And Commerce Inc.

Here are 19 key members and their salaries (Racine Area Manufacturers And Commerce Inc's CEO's salary is $142,164 and their total compensation is $155,703):


Mark Behrens (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Hess (Vice Chair/Finanace Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jody Muniz (Public Policy Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Brath (Comar Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Beglinger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Owens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Christensen (Membership Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Cretton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Crista Kruse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Spitzner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Langer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Loretta Olson (Activities Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Warren (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Liz Powell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Schaefer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Sterbin Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Knutson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Weaver (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Montemurro (President/Ceo)
  • Compensation: $142,164
  • Related: $0
  • Other: $13,539


Official website here: www.racinechamber.com

Where can I find the form 990 for Racine Area Manufacturers And Commerce Inc?

Racine Area Manufacturers And Commerce Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.racinechamber.com

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

Mission Statement of Racine Area Manufacturers And Commerce Inc

Racine Area Manufacturers and Commerce Inc, often referred to as RACINE, is committed to championing the growth and advancement of the local business community. Acting as its voice, RACINE's primary mission is to promote the development of the business sector in Racine. To achieve this, RACINE actively engages in public policy matters that are of significance to the business community. The organization provides assistance to its member businesses, helping them navigate challenges related to public policy. By doing so, RACINE plays a crucial role in fostering a conducive environment for the growth and success of its members.

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Impact




October, 2024

Racine Area Manufacturers and Commerce Inc plays a pivotal role in fostering the growth and development of the business community in Racine, Wisconsin. By serving as a champion for local businesses, it actively promotes initiatives and policies that are crucial for economic advancement. This organization amplifies the voice of the business community, ensuring that their interests and concerns are effectively represented in public policy discussions.

Through advocacy, Racine Area Manufacturers and Commerce addresses various public policy challenges faced by member businesses, providing critical support and resources. This commitment not only encourages a thriving business environment but also contributes to overall community improvement, enhancing both economic opportunities and quality of life for residents in the region. By focusing on collaboration and shared interests, the organization strengthens the fabric of Racine's business landscape, driving progress and innovation within the community.




This information is meant to be a general summary of Racine Area Manufacturers And Commerce Inc. 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
$2,657,510 (2024)
Expenses
$2,568,812 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $20,159
  • Program Service Revenue: $540,982
  • Gross Receipts: $2,707,288

Assets and Liabilities:

  • Total Assets: $1,082,846
  • Total Liabilities: $308,154
  • Net Assets: $774,692

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Programs

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

MEMBERSHIP DUES AND AS

Revenue

$428,116

MEMBER SERVICES - TRAI

Revenue

$93,290

OTHER PROGRAM REVENUE

Revenue

$19,576

Organization Details

Founding Year

1982

Principal Officer

Matt Montemurro

NTEE Category

Code: S41 - Community improvement

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