Civic Intelligence

Four Flags Area Chamber of Commerce

EIN 38-0879125 • 501(c)6 • Niles, MI

Profile

To support and develop the business community through a variety of services, activities and initiatives, and to promote and improve the community as a whole to encourage a better business environment.

333 N 2nd St Suite 302Niles, MI 49120

www.nilesmi.com

Siviq Scores

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

Liabilities / Assets

80th percentile

0.18x

Higher debt load relative to assets than 80% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

68th percentile

0.03x

Higher debt load relative to revenue than 68% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2018

Net Margin

39th percentile

-5.0%

Higher net margin than 39% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2018

Top Officer Pay

83rd percentile

$24,056

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 21.8% of source-year revenue.

501(c)6 • <$500k nonprofits • Source year 2018

Asset Growth

34th percentile

-12%

Faster asset growth than 34% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2016 to 2018

Revenue Growth

33rd percentile

-12%

Faster revenue growth than 33% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2016 to 2018

Assets

Down

$19,548

Down $5,607 (-22%) from 2016

Liabilities

Down

$3,547

Down $4,864 (-58%) from 2016

Net Assets

Down

$16,001

Down $743 (-4.4%) from 2016

Revenue

Down

$110,390

Down $31,403 (-22%) from 2016

Expenses

Down

$115,944

Down $26,751 (-19%) from 2016

Net Income

Down

-$5,554

Down $4,652 (-516%) from 2016

Trend Graphs

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2010: $37,227Liabilities 2010: $3,683Net Assets 2010: $33,5442010Assets 2011: $37,578Liabilities 2011: $3,876Net Assets 2011: $33,7022011Assets 2012: $30,195Liabilities 2012: $3,488Net Assets 2012: $26,7072012Assets 2013: $16,062Liabilities 2013: $2,4102013Assets 2014: $28,418Liabilities 2014: $2,213Net Assets 2014: $26,2052014Assets 2015: $27,735Liabilities 2015: $10,089Net Assets 2015: $17,6462015Assets 2016: $25,155Liabilities 2016: $8,411Net Assets 2016: $16,7442016Assets 2018: $19,548Liabilities 2018: $3,547Net Assets 2018: $16,0012018

Highlighted filing

2018

Assets$19,548
Liabilities$3,547
Net Assets$16,001

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2010: $179,298Expenses 2010: $179,095Net Income 2010: $2032010Revenue 2011: $178,101Expenses 2011: $177,943Net Income 2011: $1582011Revenue 2012: $176,524Expenses 2012: $183,519Net Income 2012: -$6,9952012Revenue 2013: $162,014Expenses 2013: $175,069Net Income 2013: -$13,0552013Revenue 2014: $185,625Expenses 2014: $173,072Net Income 2014: $12,5532014Revenue 2015: $153,848Expenses 2015: $162,407Net Income 2015: -$8,5592015Revenue 2016: $141,793Expenses 2016: $142,695Net Income 2016: -$9022016Revenue 2018: $110,390Expenses 2018: $115,944Net Income 2018: -$5,5542018

Highlighted filing

2018

Revenue$110,390
Expenses$115,944
Net Income-$5,554

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Feb 4, 2019
Return Version
2018v3.2
Gross Receipts
$110,390
Mission and Program Overview

Mission

To support and develop the business community through a variety of services, activities and initiatives, and to promote and improve the community as a whole to encourage a better business environment.

Program Services

DescriptionGrantsExpenses
THE CHAMBER SERVES AS THE FRONT DOOR OF THE COMMUNITY BY SERVING AS A REFERRAL SOURCE FOR OVER 5,000 CALLS AND VISITS ANNUALLY, PROVIDING INFORMATION FOR INDIVIDUALS AND BUSINESS SEEKING TO ENTER THE COMMUNITY, AND ALSO PROVIDING MARKET AND OTHER INFORMATION TO CHAMBER MEMBERS AND EXISTING BUSINESSES. OTHER MEMBER SERVICES, INCLUDING THE MONTHLY NEWSLETTER, A FREE WEBPAGE FOR ALL CHAMBER MEMBERS, ACCESS TO HEALTH INSURANCE, AND CELEBRATING AND PROMOTING NEW BUSINESSES WITH PUBLIC GRAND OPENINGS ATTENDED BY CIVIC LEADERS, LOCAL AND STATE OFFICIALS, AND LOCAL MEDIA.-$115,944
THE CHAMBER SPONSORS BUSINESS SEMINARS ON A VARIETY OF SUBJECTS, INCLUDING TAXES, INSURANCE AND COMPUTERS.--
THE CHAMBER ORGANIZES BUSINESS NETWORKING EVENTS, INCLUDING BUSINESS AFTER HOURS, THE ANNUAL GOLF OUTING, AND THE ANNUAL DINNER.--
THE CHAMBER INVOLVES ITSELF IN VARIOUS COMMUNITY PROMOTION AND BETTERMENT PROJECTS, SUCH AS PRESENTING THE COMMUNITY'S FOURTH OF JULY FIREWORKS DISPLAY AND ORGANIZING SANTA'S VISIT IN DECEMBER.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KATIE A FEEHANMembership &FT$24,056-$24,056
RANDY HENDRIXSONInterim DirePT$17,100-$17,100
GINA BARGERFormer MembeFT$689-$689
BARBARA CRAIGCo-Chair-$0--
DEB JOHNSONCo-Chair-$0--
LARRY REICHANDTERDirector-$0--
RONALD BARGERDirector-$0--
WILLIAM DELUCADirector-$0--
MARK WEBERAuthorized A-$0--
SCOTT WILLIAMSDirector-$0--
MARCI TAYLORDirector-$0--
Filing and Contact Details

Filer

Filer Name
Four Flags Area Chamber of Commerce
EIN
38-0879125
Phone
2696833720
Address
333 N 2ND ST SUITE 302, NILES, MI 49120

Signing Officer

Name
Mark Weber
Title
Authorized Agent
Phone
2696833720
Signed
2019-02-04
Discuss with paid preparer
Yes

Preparer

Firm
Haslett & Gaynor Pc
Address
ONE SOUTH FIFTH STREET, NILES, MI 49120
Preparer
William D Haslett CPA
Phone
2696847300
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Room rents 3,825 other income 3,787 total 7,612

Form 990-ez, Part I, Line 16

Business education seminars cost of seminars 34 community july 4 fireworks cost of fireworks 15,359 business after hours cost of business after ho 749 annual meeting cost of annual meeting 8,096 newsletter/internet banner cost of goods sold 1,299 eye opener breakfast eye opener breakfast 25 special events cost of special events 865 expenses office supplies 3,851 telephone 1,678 postage 571 conferences / meetings 737 dues & subscriptions 115 insurance 6,164 webpage expenses 1,939 advertising & promotions 211 other expenses 1,177 software 1,055 non-investment depreciation 305 total 44,230

Form 990-ez, Part II, Line 24

8,442 8,442 less accumulated depreciation 889 1,194 total 7,553 7,248

Form 990-ez, Part II, Line 26

Note payable city of niles 3,242 615 payroll taxes 3,052 3,105 credit card -173 -173

Form 990-ez, Part III

To support and develop the business community through a variety of services, activities and initiatives, and to promote and improve the community as a whole to encourage a better business environment.

Form 990-ez, Part III, Line 30

The chamber involves itself in various community promotion and betterment projects, such as presenting the community's fourth of july fireworks display and organizing santa's visit in december.

Form 990-ez, Part III, Line 31

The chamber serves as the front door of the community by serving as a referral source for over 5,000 calls and visits annually, providing information for individuals and business seeking to enter the community, and also providing market and other information to chamber members and existing businesses. Other member services, including the monthly newsletter, a free webpage for all chamber members, access to health insurance, and celebrating and promoting new businesses with public grand openings attended by civic leaders, local and state officials, and local media.

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IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0DURING 2018, THE FOUR FLAGS AREA CHAMBER OF COMMERCE, INC AGREED TO MERGE WITH ANOTHER LOCAL BUSINESS ORGANIZATION, THE SOUTHWEST MICHIGAN ECONOMIC GROWTH ALLIANCE, INC (SMEGA), WHICH HAS A SIMILAR MISSION AND VISION. THE MERGER BECAME EFFECTIVE ON JANUARY 1, 2019, WITH SMEGA BEING THE SURVIVING CORPORATION. SMEGA IS OPERATING UNDER THE STATE APPROVED ASSUMED NAME OF GREATER NILES CHAMBER OF COMMERCE, INC. SEVERAL DIRECTORS OF THE MERGED ENTITIES BECAME DIRECTORS OF THE NEW ORGANIZATION. THE DIRECTORS OF FOUR FLAGS AREA CHAMBER OF COMMERCE, INC WHO HAVE BECOME DIRECTORS OF THE NEW ORGANIZATION ARE RON BARGER, BARBARA CRAIG, BILL DELUCA, DEB JOHNSON,AND MARK WEBER.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ROOM RENTS 3,825 OTHER INCOME 3,787 TOTAL 7,612
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BUSINESS EDUCATION SEMINARS COST OF SEMINARS 34 COMMUNITY JULY 4 FIREWORKS COST OF FIREWORKS 15,359 BUSINESS AFTER HOURS COST OF BUSINESS AFTER HO 749 ANNUAL MEETING COST OF ANNUAL MEETING 8,096 NEWSLETTER/INTERNET BANNER COST OF GOODS SOLD 1,299 EYE OPENER BREAKFAST EYE OPENER BREAKFAST 25 SPECIAL EVENTS COST OF SPECIAL EVENTS 865 EXPENSES OFFICE SUPPLIES 3,851 TELEPHONE 1,678 POSTAGE 571 CONFERENCES / MEETINGS 737 DUES & SUBSCRIPTIONS 115 INSURANCE 6,164 WEBPAGE EXPENSES 1,939 ADVERTISING & PROMOTIONS 211 OTHER EXPENSES 1,177 SOFTWARE 1,055 NON-INVESTMENT DEPRECIATION 305 TOTAL 44,230
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt28,442 8,442 LESS ACCUMULATED DEPRECIATION 889 1,194 TOTAL 7,553 7,248
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NOTE PAYABLE CITY OF NILES 3,242 615 PAYROLL TAXES 3,052 3,105 CREDIT CARD -173 -173
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TO SUPPORT AND DEVELOP THE BUSINESS COMMUNITY THROUGH A VARIETY OF SERVICES, ACTIVITIES AND INITIATIVES, AND TO PROMOTE AND IMPROVE THE COMMUNITY AS A WHOLE TO ENCOURAGE A BETTER BUSINESS ENVIRONMENT.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE CHAMBER SERVES AS THE FRONT DOOR OF THE COMMUNITY BY SERVING AS A REFERRAL SOURCE FOR OVER 5,000 CALLS AND VISITS ANNUALLY, PROVIDING INFORMATION FOR INDIVIDUALS AND BUSINESS SEEKING TO ENTER THE COMMUNITY, AND ALSO PROVIDING MARKET AND OTHER INFORMATION TO CHAMBER MEMBERS AND EXISTING BUSINESSES. OTHER MEMBER SERVICES, INCLUDING THE MONTHLY NEWSLETTER, A FREE WEBPAGE FOR ALL CHAMBER MEMBERS, ACCESS TO HEALTH INSURANCE, AND CELEBRATING AND PROMOTING NEW BUSINESSES WITH PUBLIC GRAND OPENINGS ATTENDED BY CIVIC LEADERS, LOCAL AND STATE OFFICIALS, AND LOCAL MEDIA.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 31
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