Civic Intelligence

The Munster Chamber of Commerce Inc

990EZ • Fiscal year 2019 • EIN 35-1485401

Jan 01, 2019 to Dec 31, 2019 • Filed on May 13, 2020

1005 Ridge RoadMunster, IN 46321

(219) 836-5549

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

93rd percentile

0.58x

Higher debt load relative to assets than 93% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

93rd percentile

0.40x

Higher debt load relative to revenue than 93% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Net Margin

33rd percentile

-3.5%

Higher net margin than 33% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Top Officer Pay

82nd percentile

$38,771

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 33.1% of source-year revenue.

2019 filings • 501(c)6 • <$500k nonprofits • Source year 2019

Asset Growth

81st percentile

25%

Faster asset growth than 81% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

31st percentile

-7.9%

Faster revenue growth than 31% of similar nonprofits.

2019 filings • 501(c)6 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$80,505

Up $16,328 (+25%) from 2018

Net Assets

Down

$33,600

Down $4,140 (-11%) from 2018

Liabilities

Up

$46,905

Up $20,468 (+77%) from 2018

Revenue

Down

$117,180

Down $10,010 (-7.9%) from 2018

Expenses

Up

$121,320

Up $22,227 (+22%) from 2018

Net Income

Down

-$4,140

Down $32,237 (-115%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0-$50KAssets 2010: $34,502Liabilities 2010: $29,144Net Assets 2010: $5,3582010Assets 2012: $42,032Liabilities 2012: $24,090Net Assets 2012: $17,9422012Assets 2013: $23,334Liabilities 2013: $11,767Net Assets 2013: $11,5672013Assets 2014: $37,005Liabilities 2014: $31,120Net Assets 2014: $5,8852014Assets 2015: $30,812Liabilities 2015: $32,787Net Assets 2015: -$1,9752015Assets 2016: $18,719Liabilities 2016: $21,796Net Assets 2016: -$3,0772016Assets 2017: $30,148Liabilities 2017: $20,505Net Assets 2017: $9,6432017Assets 2018: $64,177Liabilities 2018: $26,437Net Assets 2018: $37,7402018Assets 2019: $80,505Liabilities 2019: $46,905Net Assets 2019: $33,6002019Assets 2020: $73,347Liabilities 2020: $18,779Net Assets 2020: $54,5682020Assets 2021: $113,087Liabilities 2021: $33,702Net Assets 2021: $79,3852021Assets 2022: $103,754Liabilities 2022: $15,997Net Assets 2022: $87,7572022Assets 2023: $104,767Liabilities 2023: $21,517Net Assets 2023: $83,2502023Assets 2024: $94,462Liabilities 2024: $7,399Net Assets 2024: $87,0632024

Highlighted filing

2019

Assets$80,505
Liabilities$46,905
Net Assets$33,600

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2010: $37,258Expenses 2010: $62,863Net Income 2010: -$25,6052010Revenue 2012: $109,678Expenses 2012: $105,921Net Income 2012: $3,7572012Revenue 2013: $103,628Expenses 2013: $110,003Net Income 2013: -$6,3752013Revenue 2014: $105,425Expenses 2014: $111,107Net Income 2014: -$5,6822014Revenue 2015: $110,724Expenses 2015: $118,585Net Income 2015: -$7,8612015Revenue 2016: $112,977Expenses 2016: $114,079Net Income 2016: -$1,1022016Revenue 2017: $115,283Expenses 2017: $102,563Net Income 2017: $12,7202017Revenue 2018: $127,190Expenses 2018: $99,093Net Income 2018: $28,0972018Revenue 2019: $117,180Expenses 2019: $121,320Net Income 2019: -$4,1402019Revenue 2020: $117,013Expenses 2020: $96,045Net Income 2020: $20,9682020Revenue 2021: $104,088Expenses 2021: $79,270Net Income 2021: $24,8182021Revenue 2022: $144,779Expenses 2022: $136,408Net Income 2022: $8,3712022Revenue 2023: $142,773Expenses 2023: $147,280Net Income 2023: -$4,5072023Revenue 2024: $156,633Expenses 2024: $152,820Net Income 2024: $3,8132024

Highlighted filing

2019

Revenue$117,180
Expenses$121,320
Net Income-$4,140
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 13, 2020
Return Version
2019v5.0
Gross Receipts
$127,845
Mission and Program Overview

Mission

The munster chamber of commerce is a united group of local business and civic leaders who volunteer their time and resources to advance the wealth and stability of the business community through active networking, mentorship, and entrepreneurial education.

Program Services

DescriptionGrantsExpenses
THE MUNSTER CHAMBER OF COMMERCE IS A UNITED GROUP OF LOCAL BUSINESS AND CIVIC LEADERS WHO VOLUNTEER THEIR TIME AND RESOURCES TO ADVANCE THE WEALTH AND STABILITY OF THE BUSINESS COMMUNITY THROUGH ACTIVE NETWORKING, MENTORSHIP, AND ENTREPRENEURIAL EDUCATION.--
THE MUNSTER CHAMBER OF COMMERCE IS A UNITED GROUP OF LOCAL BUSINESS AND CIVIC LEADERS WHO VOLUNTEER THEIR TIME AND RESOURCES TO ADVANCE THE WEALTH AND STABILITY OF THE BUSINESS COMMUNITY THROUGH ACTIVE NETWORKING, MENTORSHIP, AND ENTREPRENEURIAL EDUCATION.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KAREN MASHURAExecutive DiPT$38,000$771$38,771
KAREN SCHUTTERSChairman-$0--
TONI LOZANOVice - Chair-$0--
MARYANN MCCAULEYSecretary-$0--
BRAD HEMINGWAYTreasurer-$0--
DAVID SHAFERPast Chairma-$0--
JENNIFER COSENZADirector-$0--
MICHELLE COS-VERGARADirector-$0--
MICHELLE LUNADirector-$0--
AMBER FITZGERALDDirector-$0--
JIM DUNNEDirector-$0--
KEVIN GROBENDirector-$0--
KAREN MARAVILLADirector-$0--
KATIE SANNITODirector-$0--
CANDICE LOGUEDirector-$0--
SHERRILL ADAMSDirector-$0--
DAMIAN RICODirector-$0--
BRANDON DUMASDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$15,189$15,189$5,805$9,384
Other$5,402$5,402$2,136$3,266
Total Events$20,591$20,591$7,941$12,650
Filing and Contact Details

Filer

Filer Name
The Munster Chamber of Commerce Inc
EIN
35-1485401
Phone
2198365549
Address
1005 RIDGE ROAD, MUNSTER, IN 46321

Signing Officer

Name
Brad Hemingway
Title
Treasurer
Phone
2198365549
Signed
2020-05-13
Discuss with paid preparer
Yes

Preparer

Firm
Mcmahon & Associates Cpas Pc
Address
10010 CALUMET AVE, MUNSTER, IN 46321-3976
Preparer
Matthew Stosich CPA
Phone
2199243450
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Annual banquet cost of goods sold 17,338 lunch meetings cost of goods sold 13,295 cruise cost of goods sold 2,986 spring/fall event cost of goods sold 803 chamber chat cost of goods sold 1,750 expenses credit card fees 1,668 office supplies 1,455 furniture lease 2,784 computer expenses 3,704 insurance 872 auto 404 dues & subscriptions 120 other taxes 253 miscellaneous 1,099 promotion/public relation 3,848 telephone 2,880 non-investment depreciation 5,454 total 60,713

Form 990-ez, Part II, Line 24

Equipment 913 6,367 less accumulated depreciation 913 6,367 total 0 0

Form 990-ez, Part II, Line 26

Deferred revenue 24,417 38,750 fica/fed payable 388 2,482 state withholding 320 158 futa payable 76 13 suta payable 0 15 simple ira 776 397 gift certificates 279 0 payroll liabilities - other 181 0 copier lease liability 0 5,090

Form 990-ez, Part III

The munster chamber of commerce is a united group of local business and civic leaders who volunteer their time and resources to advance the wealth and stability of the business community through active networking, mentorship, and entrepreneurial education.

Form 990-ez, Part III, Line 28

The munster chamber of commerce is a united group of local business and civic leaders who volunteer their time and resources to advance the wealth and stability of the business community through active networking, mentorship, and entrepreneurial education.

Form 990-ez, Part III, Line 31

The munster chamber of commerce is a united group of local business and civic leaders who volunteer their time and resources to advance the wealth and stability of the business community through active networking, mentorship, and entrepreneurial education.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ANNUAL BANQUET COST OF GOODS SOLD 17,338 LUNCH MEETINGS COST OF GOODS SOLD 13,295 CRUISE COST OF GOODS SOLD 2,986 SPRING/FALL EVENT COST OF GOODS SOLD 803 CHAMBER CHAT COST OF GOODS SOLD 1,750 EXPENSES CREDIT CARD FEES 1,668 OFFICE SUPPLIES 1,455 FURNITURE LEASE 2,784 COMPUTER EXPENSES 3,704 INSURANCE 872 AUTO 404 DUES & SUBSCRIPTIONS 120 OTHER TAXES 253 MISCELLANEOUS 1,099 PROMOTION/PUBLIC RELATION 3,848 TELEPHONE 2,880 NON-INVESTMENT DEPRECIATION 5,454 TOTAL 60,713
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EQUIPMENT 913 6,367 LESS ACCUMULATED DEPRECIATION 913 6,367 TOTAL 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DEFERRED REVENUE 24,417 38,750 FICA/FED PAYABLE 388 2,482 STATE WITHHOLDING 320 158 FUTA PAYABLE 76 13 SUTA PAYABLE 0 15 SIMPLE IRA 776 397 GIFT CERTIFICATES 279 0 PAYROLL LIABILITIES - OTHER 181 0 COPIER LEASE LIABILITY 0 5,090
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MUNSTER CHAMBER OF COMMERCE IS A UNITED GROUP OF LOCAL BUSINESS AND CIVIC LEADERS WHO VOLUNTEER THEIR TIME AND RESOURCES TO ADVANCE THE WEALTH AND STABILITY OF THE BUSINESS COMMUNITY THROUGH ACTIVE NETWORKING, MENTORSHIP, AND ENTREPRENEURIAL EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE MUNSTER CHAMBER OF COMMERCE IS A UNITED GROUP OF LOCAL BUSINESS AND CIVIC LEADERS WHO VOLUNTEER THEIR TIME AND RESOURCES TO ADVANCE THE WEALTH AND STABILITY OF THE BUSINESS COMMUNITY THROUGH ACTIVE NETWORKING, MENTORSHIP, AND ENTREPRENEURIAL EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE MUNSTER CHAMBER OF COMMERCE IS A UNITED GROUP OF LOCAL BUSINESS AND CIVIC LEADERS WHO VOLUNTEER THEIR TIME AND RESOURCES TO ADVANCE THE WEALTH AND STABILITY OF THE BUSINESS COMMUNITY THROUGH ACTIVE NETWORKING, MENTORSHIP, AND ENTREPRENEURIAL EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02020-09-23 17:36:50Z
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.94$0.07$0.87$1.57$1.53$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.05$0.22$0.83$1.43$1.47$0.05
2022Detailed filing. Detailed filing data is available for this year.$1.04$0.16$0.88$1.45$1.36$0.08
2021Detailed filing. Detailed filing data is available for this year.$1.13$0.34$0.79$1.04$0.79$0.25
2020Detailed filing. Detailed filing data is available for this year.$0.73$0.19$0.55$1.17$0.96$0.21
2019Detailed filing. Detailed filing data is available for this year.$0.81$0.47$0.34$1.17$1.21$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.64$0.26$0.38$1.27$0.99$0.28
2017Detailed filing. Detailed filing data is available for this year.$0.30$0.21$0.10$1.15$1.03$0.13
2016Detailed filing. Detailed filing data is available for this year.$0.19$0.22$0.03$1.13$1.14$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.31$0.33$0.02$1.11$1.19$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.37$0.31$0.06$1.05$1.11$0.06
2013Detailed filing. Detailed filing data is available for this year.$0.23$0.12$0.12$1.04$1.10$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.24$0.18$1.10$1.06$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.29$0.05$0.37$0.63$0.26