Madeline Island Chamber Of Commerce

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

EIN: 391556633 ✦ La pointe, WI ✦ Designated as a 501(c)(6)

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Overview

What is Madeline Island Chamber Of Commerce?

The Madeline Island Chamber of Commerce, based in La Pointe, Wisconsin, serves as a vital nonprofit organization. With a modest workforce of two individuals, their mission is centered around fostering tourism and business growth in the area. They accomplish this through strategic marketing and event planning, contributing significantly to the local economy and community. The Chamber's activities encompass a wide range of initiatives, ensuring the area remains an attractive destination for both visitors and businesses alike.

Is Madeline Island Chamber Of Commerce legitimate?

Madeline Island Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Madeline Island Chamber Of Commerce 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $60,281

For more financial information, click here

What is the mission statement of Madeline Island Chamber Of Commerce?

The Madeline Island Chamber of Commerce has a mission to foster tourism and business growth in the designated area. They accomplish this by implementing marketing strategies and organizing events. By doing so, they aim to attract visitors and support local businesses, thereby enhancing the economic development of the area. Their activities are geared towards promoting the area as a desirable destination, thereby boosting its appeal to both tourists and potential investors. Overall, the chamber's mission is to serve as a catalyst for the region's economic prosperity through targeted marketing and event planning.

Who is the CEO of Madeline Island Chamber Of Commerce?

Mike Rasmus is the Executive Director of Madeline Island Chamber Of Commerce.

What is the revenue of Madeline Island Chamber Of Commerce?

Madeline Island Chamber Of Commerce's revenue in 2022 was $235,604.

Who are the executives of Madeline Island Chamber Of Commerce and what are their salaries?

The average compensation at Madeline Island Chamber Of Commerce during 2022 was $30,140. There are 2 employees at Madeline Island Chamber Of Commerce.


Here are 7 key members and their salaries:


Sharon Zanto (Executive Director)
  • Compensation: $52,000
  • Related: $0
  • Other: $4,000
Ron Harrold (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Mchugh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Madich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Rasmus (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Collins (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leeann Schaub (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Madeline Island Chamber Of Commerce?

Madeline Island Chamber Of Commerce's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Madeline Island Chamber Of Commerce

The Madeline Island Chamber of Commerce, a vital organization, is committed to fostering tourism and business growth in the area. They accomplish this by utilizing strategic marketing and event planning strategies. By promoting tourism, the Chamber attracts visitors to the area, thereby boosting local businesses. Simultaneously, their efforts in business promotion ensure the prosperity of existing enterprises, thereby contributing to the overall economic development of the area. This dual-pronged approach, which emphasizes both tourism and business, is instrumental in driving the region's economic advancement.

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Impact




October, 2024

Madeline Island Chamber of Commerce significantly impacts the local economy and community by promoting tourism and supporting local businesses in La Pointe, Wisconsin. Through strategic marketing initiatives and engaging events, it attracts visitors to the island, enhancing awareness of its attractions and amenities. This influx of tourists not only benefits local businesses by increasing sales and visibility but also fosters community pride and involvement. By creating a vibrant atmosphere that highlights the island's unique offerings, the Chamber helps sustain and grow the local economy, ensuring that both residents and visitors enjoy the rich culture and natural beauty of Madeline Island.




This information is meant to be a general summary of Madeline Island 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
$235,604 (2022)
Expenses
$188,596 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $84
  • Program Service Revenue: $24,036
  • Gross Receipts: $235,604

Assets and Liabilities:

  • Total Assets: $290,432
  • Total Liabilities: $0
  • Net Assets: $290,432

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Programs

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

Visitors Guide

Revenue

$9,403

Chequamegon Chef

Revenue

$14,493

Fall Festival

Revenue

$140

Organization Details

Founding Year

2001

Principal Officer

Mike Rasmus

Main Address

PO Box 274, La Pointe, WI, 54850

NTEE Category

Code: Z99 - Unknown

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