Civic Intelligence

Southern Wayne County Chamber of Commerce

990 • Fiscal year 2016 • EIN 38-1814761

Jan 01, 2016 to Dec 31, 2016 • Filed on Apr 20, 2017

PO Box 445Trenton, MI 48183-0445

(734) 671-5300

Siviq Scores

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

Liabilities / Assets

85th percentile

0.30x

Higher debt load relative to assets than 85% of similar nonprofits.

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

Liabilities / Revenue

86th percentile

0.23x

Higher debt load relative to revenue than 86% of similar nonprofits.

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

Net Margin

18th percentile

-14%

Higher net margin than 18% of similar nonprofits.

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

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

23rd percentile

-12%

Faster asset growth than 23% of similar nonprofits.

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

Revenue Growth

28th percentile

-9.6%

Faster revenue growth than 28% of similar nonprofits.

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

Assets

Down

$171,117

Down $24,237 (-12%) from 2015

Net Assets

Down

$120,435

Down $29,712 (-20%) from 2015

Liabilities

Up

$50,682

Up $5,475 (+12%) from 2015

Revenue

Down

$219,906

Down $23,369 (-9.6%) from 2015

Expenses

Down

$249,618

Down $37,590 (-13%) from 2015

Net Income

Up

-$29,712

Up $14,221 (+32%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $370,616Liabilities 2011: $43,530Net Assets 2011: $327,0862011Assets 2012: $290,562Liabilities 2012: $17,964Net Assets 2012: $272,5982012Assets 2013: $293,632Liabilities 2013: $60,472Net Assets 2013: $233,1602013Assets 2014: $228,300Liabilities 2014: $34,220Net Assets 2014: $194,0802014Assets 2015: $195,354Liabilities 2015: $45,207Net Assets 2015: $150,1472015Assets 2016: $171,117Liabilities 2016: $50,682Net Assets 2016: $120,4352016Assets 2017: $256,578Liabilities 2017: $90,399Net Assets 2017: $166,1792017Assets 2018: $281,092Liabilities 2018: $81,421Net Assets 2018: $199,6712018Assets 2019: $331,665Liabilities 2019: $91,871Net Assets 2019: $239,7942019Assets 2020: $396,259Liabilities 2020: $101,866Net Assets 2020: $294,3932020Assets 2021: $465,787Liabilities 2021: $142,940Net Assets 2021: $322,8472021Assets 2022: $506,975Liabilities 2022: $155,646Net Assets 2022: $351,3292022Assets 2023: $511,016Liabilities 2023: $140,421Net Assets 2023: $370,5952023Assets 2024: $543,834Liabilities 2024: $152,217Net Assets 2024: $391,6172024Assets 2025: $540,034Liabilities 2025: $151,205Net Assets 2025: $388,8292025

Highlighted filing

2016

Assets$171,117
Liabilities$50,682
Net Assets$120,435

Operations Trend

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

$400K$200K$0-$200KRevenue 2011: $269,641Expenses 2011: $272,152Net Income 2011: -$2,5112011Expenses 2012: $323,5932012Revenue 2013: $263,644Expenses 2013: $303,082Net Income 2013: -$39,4382013Revenue 2014: $243,735Expenses 2014: $282,815Net Income 2014: -$39,0802014Revenue 2015: $243,275Expenses 2015: $287,208Net Income 2015: -$43,9332015Revenue 2016: $219,906Expenses 2016: $249,618Net Income 2016: -$29,7122016Revenue 2017: $278,111Expenses 2017: $232,367Net Income 2017: $45,7442017Revenue 2018: $288,728Expenses 2018: $255,236Net Income 2018: $33,4922018Revenue 2019: $285,598Expenses 2019: $245,475Net Income 2019: $40,1232019Revenue 2020: $305,906Expenses 2020: $240,558Net Income 2020: $65,3482020Revenue 2021: $295,462Expenses 2021: $267,008Net Income 2021: $28,4542021Revenue 2022: $311,993Expenses 2022: $283,511Net Income 2022: $28,4822022Revenue 2023: $313,978Expenses 2023: $294,712Net Income 2023: $19,2662023Revenue 2024: $381,899Expenses 2024: $360,877Net Income 2024: $21,0222024Revenue 2025: $388,121Expenses 2025: $390,909Net Income 2025: -$2,7882025

Highlighted filing

2016

Revenue$219,906
Expenses$249,618
Net Income-$29,712
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Apr 20, 2017
Return Version
2016v3.0
Gross Receipts
$308,842
Mission and Program Overview

Mission

Promotion of business in the community

Non-profit chamber of commerce

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$169,504$128,788▼ $40,716
Cash and Non-Interest-Bearing Accounts$14,795$32,664▲ $17,869
Accounts Receivable$7,055$9,665▲ $2,610
Prepaid Expenses and Deferred Charges$4,000--
Total Assets$195,354$171,117▼ $24,237
Liabilities
Deferred Revenue$43,207$34,634▼ $8,573
Accounts Payable and Accrued Expenses$2,000$16,048▲ $14,048
Total Liabilities$45,207$50,682▲ $5,475
Net Assets / Fund Balance
Temporarily Rstr Net Assets$100,000$100,000→ $0
Unrestricted Net Assets$50,147$20,435▼ $29,712
Total Net Assets Fund Balance$150,147$120,435▼ $29,712
Total Liabilities and Net Assets / Fund Balance$195,354$171,117▼ $24,237
Compensation and Service Providers

Board Members and Trustees

NameTitle
David B GoodwinBoard Chair
Ronald J HinrichsPresident
Kathy KaneFirst Vice-chair
Robert JonesSecond Vice-chair
Ronnie RuelleSecretary
Krishelle KohlerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$126,169
Program Service Revenue
$0
Investment Income
$5,839
Other Revenue
$87,898
Change in Net Assets
$-29,712
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$178,916
Other Expenses$70,702
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$119,461$13,273-$132,734
Other Employee Benefits$31,441$3,493-$34,934
All Other Expenses$21,140$2,349-$23,489
Payroll Taxes$10,123$1,125-$11,248
Other Expenses$8,026$892-$8,918
Insurance$5,273$586-$5,859
Occupancy$5,205$578-$5,783
Fees for Services Accounting$4,117$458-$4,575
Conferences and Meetings$1,910$212-$2,122
Advertising$1,626$181-$1,807
Office Expenses$1,453$161-$1,614
Total Functional Expenses$224,656$24,962$0$249,618
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$176,834
Fundraising Direct Expenses$88,936
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Bus Expo$44,927$44,927$26,547$18,380
Golf Outing$23,230$23,230$8,970$14,260
Total Events$176,834$176,834$88,936$87,898
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

The governing body reviews the form 990 before it is filed.

Governing documents etc available to public Part VI line 19

The governing documents, tax returns, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Southern Wayne County Regional Chbr
EIN
38-1814761
Address
PO BOX 445, TRENTON, MI 48183-0445

Signing Officer

Name
Ronald J Hinrichs
Title
President
Phone
7346715300
Signed
2017-04-20
Discuss with paid preparer
Yes

Organization Details

Formed
1966
Legal Domicile
Mi
Voting Board Members
47
Independent Board Members
47
Employees
3

Preparer

Firm
Bovitz CPA Pc
Address
PO BOX 445, TRENTON, MI 48183
Preparer
Robert a Bovitz
Phone
7346715300
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

MISCELLANEOUS EXPENSE

Raw XML Appendix346 raw XML fields

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/ExplanationTxt0THE GOVERNING BODY REVIEWS THE FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE GOVERNING DOCUMENTS, TAX RETURNS, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MISCELLANEOUS EXPENSE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2List of other expenses Part IX line 24e
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0224656
IRS990/TotalFunctionalExpensesGrp/TotalAmt0249618
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt045207
IRS990/TotalLiabilitiesEOYAmt050682
IRS990/TotalLiabilitiesGrp/BOYAmt045207
IRS990/TotalLiabilitiesGrp/EOYAmt050682
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0150147
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0120435
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0224656
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt087898
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt05839
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0219906
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0195354
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0171117
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt050147
IRS990/UnrestrictedNetAssetsGrp/EOYAmt020435
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt047
IRS990/VotingMembersIndependentCnt047
IRS990/WebsiteAddressTxt0WWW.SWCRC.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RONALD J HINRICHS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07346715300
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-04-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOUTHERN WAYNE COUNTY REGIONAL CHBR
ReturnHeader/Filer/BusinessNameControlTxt0SOUT
ReturnHeader/Filer/EIN0381814761
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 445
ReturnHeader/Filer/USAddress/CityNm0TRENTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MI
ReturnHeader/Filer/USAddress/ZIPCd0481830445
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId04D529C9F57D7E0066EF319C6FDDE0DEB4257C861
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId04D529C9F57D7E0066EF319C6FDDE0DEB4257C861
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId038626320171112zlsal4
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02017-04-21
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt073.18.162.21
ReturnHeader/FilingSecurityInformation/IPDt02017-04-21
ReturnHeader/FilingSecurityInformation/IPTm014:52:09
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0382164823
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BOVITZ CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 445
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TRENTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd048183
ReturnHeader/PreparerPersonGrp/PhoneNum07346715300
ReturnHeader/PreparerPersonGrp/PreparationDt02017-04-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT A BOVITZ
ReturnHeader/ReturnTs02017-04-21T14:51:15-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.40$1.51$3.89$3.88$3.91$0.03
2024Detailed filing. Detailed filing data is available for this year.$5.44$1.52$3.92$3.82$3.61$0.21
2023Detailed filing. Detailed filing data is available for this year.$5.11$1.40$3.71$3.14$2.95$0.19
2022Detailed filing. Detailed filing data is available for this year.$5.07$1.56$3.51$3.12$2.84$0.28
2021Detailed filing. Detailed filing data is available for this year.$4.66$1.43$3.23$2.95$2.67$0.28
2020Detailed filing. Detailed filing data is available for this year.$3.96$1.02$2.94$3.06$2.41$0.65
2019Detailed filing. Detailed filing data is available for this year.$3.32$0.92$2.40$2.86$2.45$0.40
2018Detailed filing. Detailed filing data is available for this year.$2.81$0.81$2.00$2.89$2.55$0.33
2017Detailed filing. Detailed filing data is available for this year.$2.57$0.90$1.66$2.78$2.32$0.46
2016Detailed filing. Detailed filing data is available for this year.$1.71$0.51$1.20$2.20$2.50$0.30
2015Detailed filing. Detailed filing data is available for this year.$1.95$0.45$1.50$2.43$2.87$0.44
2014Detailed filing. Detailed filing data is available for this year.$2.28$0.34$1.94$2.44$2.83$0.39
2013Detailed filing. Detailed filing data is available for this year.$2.94$0.60$2.33$2.64$3.03$0.39
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.91$0.18$2.73$3.24
2011Summary only. Only limited summary data is available for this year.$3.71$0.44$3.27$2.70$2.72$0.03