Civic Intelligence

Westfield Washington Chamber of Commerce Inc

990EZ • Fiscal year 2016 • EIN 35-1523563

Jan 01, 2016 to Dec 31, 2016 • Filed on May 02, 2017

PO Box 534Westfield, IN 46074

(317) 804-3030

Siviq Scores

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

Liabilities / Assets

66th percentile

0.05x

Higher debt load relative to assets than 66% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

56th percentile

0.01x

Higher debt load relative to revenue than 56% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

67th percentile

8.9%

Higher net margin than 67% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

81st percentile

$37,158

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 20.1% of source-year revenue.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Asset Growth

86th percentile

34%

Faster asset growth than 86% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

53rd percentile

2.1%

Faster revenue growth than 53% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$39,714

Up $10,149 (+34%) from 2015

Net Assets

Up

$37,782

Up $16,426 (+77%) from 2015

Liabilities

Down

$1,932

Down $6,277 (-76%) from 2015

Revenue

Up

$184,626

Up $3,743 (+2.1%) from 2015

Expenses

Down

$168,200

Down $2,376 (-1.4%) from 2015

Net Income

Up

$16,426

Up $6,119 (+59%) from 2015

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2014: $15,966Liabilities 2014: $4,917Net Assets 2014: $11,0492014Assets 2015: $29,565Liabilities 2015: $8,209Net Assets 2015: $21,3562015Assets 2016: $39,714Liabilities 2016: $1,932Net Assets 2016: $37,7822016Assets 2017: $53,540Liabilities 2017: $3,409Net Assets 2017: $50,1312017Assets 2018: $46,747Liabilities 2018: $1,278Net Assets 2018: $45,4692018Assets 2019: $70,557Liabilities 2019: $219Net Assets 2019: $70,3382019Assets 2020: $63,842Liabilities 2020: $255Net Assets 2020: $63,5872020Assets 2021: $61,454Liabilities 2021: $632Net Assets 2021: $60,8222021Assets 2022: $44,877Liabilities 2022: $585Net Assets 2022: $44,2922022Assets 2023: $60,596Liabilities 2023: $223Net Assets 2023: $60,3732023Assets 2024: $85,905Liabilities 2024: $0Net Assets 2024: $85,9052024

Highlighted filing

2016

Assets$39,714
Liabilities$1,932
Net Assets$37,782

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2014: $171,182Expenses 2014: $152,675Net Income 2014: $18,5072014Revenue 2015: $180,883Expenses 2015: $170,576Net Income 2015: $10,3072015Revenue 2016: $184,626Expenses 2016: $168,200Net Income 2016: $16,4262016Revenue 2017: $187,274Expenses 2017: $174,924Net Income 2017: $12,3502017Revenue 2018: $192,486Expenses 2018: $197,150Net Income 2018: -$4,6642018Revenue 2019: $189,283Expenses 2019: $164,417Net Income 2019: $24,8662019Revenue 2020: $172,341Expenses 2020: $179,092Net Income 2020: -$6,7512020Revenue 2021: $192,529Expenses 2021: $195,295Net Income 2021: -$2,7662021Revenue 2022: $391,824Expenses 2022: $408,452Net Income 2022: -$16,6282022Revenue 2023: $431,483Expenses 2023: $415,402Net Income 2023: $16,0812023Revenue 2024: $434,793Expenses 2024: $409,261Net Income 2024: $25,5322024

Highlighted filing

2016

Revenue$184,626
Expenses$168,200
Net Income$16,426
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 2, 2017
Return Version
2016v3.0
Gross Receipts
$184,626
Mission and Program Overview

Mission

To promote the economic potential of the westfield community and to be active in all aspects of community life. The chamber strives to enhance the educational, recreational, spiritual, and cultural development of the community through the participation of its business and professional members. This mission is based on the desire to maintain a favorable business climate and positive quality of life.

Program Services

DescriptionGrantsExpenses
PROVIDE OPPORTUNITIES FOR MEMBERS TO LEARN ABOUT CURRENT EVENTS IN THEIR COMMUNITY IN ORDER TO BUILD A HEALTH LOCAL ECONOMY THROUGH LEGISLATIVE BREAKFASTS AND ECONOMIC DEVELOPMENT MEETINGS.--
PROVIDE OPPORTUNITIES FOR MEMBERS TO NETWORK WITH EACH OTHER IN ORDER TO BUILD A HEALTH LOCAL ECONOMY THROUGH MEMBERSHIP LUNCHEONS AND YOUNG PROFESSIONALS MEETINGS.--
PROVIDE OPPORTUNITIES FOR LOCAL COMMUNITY MEMBERS TO ENGAGE IN THEIR COMMUNITY BY PRODUCING AND DISTRIBUTING LITERATURE AND BY MAINTAINING AN INFORMATIVE WEB-PRESENCE.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JACK RUSSELLExecutive DiFT$36,153$1,005$37,158
JULIE SOLEPast Exec DiPT$18,572$574$19,146
ERIC LOHEPast Chairma-$0--
TOM DOOLEYPast Chairma-$0--
KAREN KEINSLEYTreasurer-$0--
KEVIN BUCHHEITVice Chairma-$0--
ERIC DOUTHITMember At La-$0--
TERRI FLOODSecretary-$0--
ROB GARRETTChairman-$0--
NICK VERHOFFDirector-$0--
TOM WARNERDirector-$0--
JOE VAN DEUSENMember At La-$0--
STEVE RUPPDirector-$0--
CHRIS WILKESDirector-$0--
RYAN BASOREDirector-$0--
ELIZABETH BOUSEDirector-$0--
JANELLE BUNNELLDirector-$0--
SETH WARRENDirector-$0--
Filing and Contact Details

Filer

Filer Name
Westfield Washington Chamber
EIN
35-1523563
Phone
3178043030
Address
PO BOX 534, WESTFIELD, IN 46074

Signing Officer

Name
Karen Keinsley
Title
Treasurer
Phone
3178043030
Signed
2017-05-02

Preparer

Firm
Schaaf CPA Group LLC
Address
110 N UNION ST, WESTFIELD, IN 46074-9459
Preparer
John R Schaaf CPA
Phone
3178675427
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office 3,345 mileage reimbursement 738 staff expenses 1,762 dues and subscriptions 1,210 supplies 672 information technology 1,657 insurance 1,588 membership expenses 901 activities/westfield work 640 bank fees 2,884 golf outing expenses 19,253 monthly luncheon expenses 19,703 lantern awards expenses 10,272 total 64,625

Form 990-ez, Part II, Line 26

Unsecured notes and loans payable 5,871 0 payroll tax withholdings 1,124 1,778 simple ira withholdings 65 154 pass through 1,149 0

Form 990-ez, Part III

To promote the economic potential of the westfield community and to be active in all aspects of community life. The chamber strives to enhance the educational, recreational, spiritual, and cultural development of the community through the participation of its business and professional members. This mission is based on the desire to maintain a favorable business climate and positive quality of life.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1PROVIDE OPPORTUNITIES FOR MEMBERS TO NETWORK WITH EACH OTHER IN ORDER TO BUILD A HEALTH LOCAL ECONOMY THROUGH MEMBERSHIP LUNCHEONS AND YOUNG PROFESSIONALS MEETINGS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2PROVIDE OPPORTUNITIES FOR LOCAL COMMUNITY MEMBERS TO ENGAGE IN THEIR COMMUNITY BY PRODUCING AND DISTRIBUTING LITERATURE AND BY MAINTAINING AN INFORMATIVE WEB-PRESENCE.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE 3,345 MILEAGE REIMBURSEMENT 738 STAFF EXPENSES 1,762 DUES AND SUBSCRIPTIONS 1,210 SUPPLIES 672 INFORMATION TECHNOLOGY 1,657 INSURANCE 1,588 MEMBERSHIP EXPENSES 901 ACTIVITIES/WESTFIELD WORK 640 BANK FEES 2,884 GOLF OUTING EXPENSES 19,253 MONTHLY LUNCHEON EXPENSES 19,703 LANTERN AWARDS EXPENSES 10,272 TOTAL 64,625
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UNSECURED NOTES AND LOANS PAYABLE 5,871 0 PAYROLL TAX WITHHOLDINGS 1,124 1,778 SIMPLE IRA WITHHOLDINGS 65 154 PASS THROUGH 1,149 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO PROMOTE THE ECONOMIC POTENTIAL OF THE WESTFIELD COMMUNITY AND TO BE ACTIVE IN ALL ASPECTS OF COMMUNITY LIFE. THE CHAMBER STRIVES TO ENHANCE THE EDUCATIONAL, RECREATIONAL, SPIRITUAL, AND CULTURAL DEVELOPMENT OF THE COMMUNITY THROUGH THE PARTICIPATION OF ITS BUSINESS AND PROFESSIONAL MEMBERS. THIS MISSION IS BASED ON THE DESIRE TO MAINTAIN A FAVORABLE BUSINESS CLIMATE AND POSITIVE QUALITY OF LIFE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN KEINSLEY
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ReturnHeader/BusinessOfficerGrp/PhoneNum03178043030
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WESTFIELD WASHINGTON CHAMBER
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0OF COMMERCE INC
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0110 N UNION ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WESTFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0460749459
ReturnHeader/PreparerPersonGrp/PhoneNum03178675427
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN R SCHAAF CPA
ReturnHeader/ReturnTs02017-05-15T13:17:17-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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Filings