Civic Intelligence

Ferndale Chamber of Commerce

EIN 38-0536233 • 501(c)6 • Ferndale, MI

Profile

The ferndale area chamber of commerce supports the interests of businesses and the community through dynamic member-driven partnerships and activities.

407 East Nine Mile RoadFerndale, MI 48220

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

51st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Net Margin

89th percentile

31%

Higher net margin than 89% of similar nonprofits.

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

Top Officer Pay

85th percentile

$32,223

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 32.1% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2017

Asset Growth

97th percentile

142%

Faster asset growth than 97% of similar nonprofits.

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

Revenue Growth

38th percentile

-7.9%

Faster revenue growth than 38% of similar nonprofits.

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

Assets

Up

$8,971

Up $5,270 (+142%) from 2018

Liabilities

Flat

$0

Flat from 2018

Net Assets

-

No earlier filing loaded for comparison.

Revenue

Down

$83,695

Down $7,177 (-7.9%) from 2018

Expenses

Down

$57,791

Down $62,371 (-52%) from 2018

Net Income

Up

$25,904

Up $55,194 (+188%) from 2018

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30K$20K$10K$0Assets 2010: $14,638Liabilities 2010: $465Net Assets 2010: $14,1732010Assets 2011: $12,863Liabilities 2011: $746Net Assets 2011: $12,1172011Assets 2012: $23,723Net Assets 2012: $23,7232012Assets 2013: $24,841Liabilities 2013: $0Net Assets 2013: $24,8412013Assets 2014: $15,012Liabilities 2014: $0Net Assets 2014: $15,0122014Assets 2015: $17,366Liabilities 2015: $0Net Assets 2015: $17,3662015Assets 2016: $17,230Liabilities 2016: $435Net Assets 2016: $16,7952016Assets 2017: $4,423Liabilities 2017: $0Net Assets 2017: $4,4232017Assets 2018: $3,701Liabilities 2018: $02018Assets 2019: $8,971Liabilities 2019: $02019

Highlighted filing

2019

Assets$8,971
Liabilities$0
Net Assets-

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2010: $87,546Expenses 2010: $81,143Net Income 2010: $6,4032010Revenue 2011: $90,217Expenses 2011: $92,273Net Income 2011: -$2,0562011Revenue 2012: $125,650Expenses 2012: $114,044Net Income 2012: $11,6062012Revenue 2013: $139,924Expenses 2013: $138,806Net Income 2013: $1,1182013Revenue 2014: $131,907Expenses 2014: $141,736Net Income 2014: -$9,8292014Revenue 2015: $138,612Expenses 2015: $136,258Net Income 2015: $2,3542015Revenue 2016: $133,279Expenses 2016: $133,850Net Income 2016: -$5712016Revenue 2017: $100,231Expenses 2017: $112,603Net Income 2017: -$12,3722017Revenue 2018: $90,872Expenses 2018: $120,162Net Income 2018: -$29,2902018Revenue 2019: $83,695Expenses 2019: $57,791Net Income 2019: $25,9042019

Highlighted filing

2019

Revenue$83,695
Expenses$57,791
Net Income$25,904

Filings

Latest Detailed Filing

The latest 2019 filing currently has summary financial data only. Showing the latest detailed filing from 2014 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 12, 2015
Return Version
2014v5.0
Gross Receipts
$164,855
Mission and Program Overview

Mission

The ferndale area chamber of commerce champions the growth of business and community through leadership and collaboration.

The ferndale area chamber of commerce supports the interests of businesses and the community through dynamic member-driven partnerships and activities.

Program Services

DescriptionGrantsExpenses
THE CHAMBER SPONSORED EVENTS AND ACTIVITIES TO INCREASE VISIBILITY AND SALES OF LOCAL BUSINESSES AND ENHANCE COMMUNITY SUPPORT AND AWARENESS.--
THE CHAMBER PROVIDED FORUMS FOR THE EDUCATION OF BUSINESS AND INTERACTION AMONGST MEMBERS, PROVIDED ADVOCACY SERVICES TO THE LOCAL BUSINESS COMMUNITY AND SPONSORED THE PRODUCTION OF A BUSINESS DIRECTORY AND WEEKLY E-MAILS TO KEEP MEMBERS INFORMED OF EVENTS, MONEY SAVINGS OPPORTUNITIES AND PROMOTIONAL ACTIVITIES.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JENNIFER ROOSENBERGExecutive DiFT$27,302-$27,302
CAROL JACKSONVice-ChairmaPT$22,779-$22,779
AHLEIGH LAABSExecutive DiFT$3,000-$3,000
JEROME RASKADirector-$0--
RYAN MERAYDirector-$0--
RITA VAN KEYMEULENDirector-$0--
FRANK LANZKRON-TAMARAZODirector-$0--
JOHN KOZICHDirector-$0--
PATRICK PETEETDirector-$0--
ROBERT HAMMOND IIIDirector-$0--
CAROL BAHRIDirector-$0--
BLAKE PREWITTDirector-$0--
JIM SHAFFERDirector-$0--
SHERRY KLESSDirector-$0--
SHARON STAHLDirector-$0--
SHEILA ROSSMANDirector-$0--
JAY MCMILLANChairmanPT$0--
GARY MEIERTreasurerPT$0--
PAMELA BELLAVERSecretaryPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Rainbow Run$43,152$43,152$14,988$28,164
Gala$12,130$12,130$2,694$9,436
Total Events$55,282$55,282$23,763$31,519
Filing and Contact Details

Filer

Filer Name
Ferndale Chamber of Commerce
EIN
38-0536233
Phone
2485422160
Address
407 EAST NINE MILE ROAD, FERNDALE, MI 48220

Signing Officer

Name
Ashleigh Laabs
Title
Executive Director
Phone
2485422160
Signed
2015-05-12

Preparer

Firm
Thomas a Sionkowski CPA
Address
375 LEROY ST, FERNDALE, MI 48220
Preparer
Thomas a Sionkowski CPA
Phone
2485472761
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 1,508 office 1,286 conferences/meetings 1,616 payroll processing fees 1,187 dues 175 insurance 2,141 donations & scholarships 5,650 bank & credit card fees 1,787 property taxes 3,841 fees & licenses 81 telephone & telecommunica 2,182 food, drink & entertainme 2,373 marquee message installat 1,840 software license 3,930 non-investment depreciation 3,556 total 33,153

Form 990-ez, Part II, Line 24

Furniture & equipment 21,364 21,364 less accumulated depreciation 13,699 17,257 computer equipment 0 0 total 7,665 4,107

Form 990-ez, Part III

The ferndale area chamber of commerce supports the interests of businesses and the community through dynamic member-driven partnerships and activities.

Form 990-ez, Part III, Line 31

The chamber provided forums for the education of business and interaction amongst members, provided advocacy services to the local business community and sponsored the production of a business directory and weekly e-mails to keep members informed of events, money savings opportunities and promotional activities.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 1,508 OFFICE 1,286 CONFERENCES/MEETINGS 1,616 PAYROLL PROCESSING FEES 1,187 DUES 175 INSURANCE 2,141 DONATIONS & SCHOLARSHIPS 5,650 BANK & CREDIT CARD FEES 1,787 PROPERTY TAXES 3,841 FEES & LICENSES 81 TELEPHONE & TELECOMMUNICA 2,182 FOOD, DRINK & ENTERTAINME 2,373 MARQUEE MESSAGE INSTALLAT 1,840 SOFTWARE LICENSE 3,930 NON-INVESTMENT DEPRECIATION 3,556 TOTAL 33,153
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FURNITURE & EQUIPMENT 21,364 21,364 LESS ACCUMULATED DEPRECIATION 13,699 17,257 COMPUTER EQUIPMENT 0 0 TOTAL 7,665 4,107
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FERNDALE AREA CHAMBER OF COMMERCE SUPPORTS THE INTERESTS OF BUSINESSES AND THE COMMUNITY THROUGH DYNAMIC MEMBER-DRIVEN PARTNERSHIPS AND ACTIVITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CHAMBER PROVIDED FORUMS FOR THE EDUCATION OF BUSINESS AND INTERACTION AMONGST MEMBERS, PROVIDED ADVOCACY SERVICES TO THE LOCAL BUSINESS COMMUNITY AND SPONSORED THE PRODUCTION OF A BUSINESS DIRECTORY AND WEEKLY E-MAILS TO KEEP MEMBERS INFORMED OF EVENTS, MONEY SAVINGS OPPORTUNITIES AND PROMOTIONAL ACTIVITIES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02016-02-25 16:41:14Z
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ReturnHeader/ReturnTs02015-05-15T08:00:28-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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