Civic Intelligence

Huron Valley Chamber of Commerce

EIN 38-2493211 • 501(c)6 • Milford, MI

Profile

Advancing commerical, civic, and general interest in the Huron Valley area.

317 Union Street Ste GMilford, MI 48381

www.huronvcc.com

Siviq Scores

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

Liabilities / Assets

67th percentile

0.16x

Higher debt load relative to assets than 67% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

68th percentile

0.16x

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

501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

63rd percentile

8.3%

Higher net margin than 63% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

70th percentile

12%

Faster asset growth than 70% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

54th percentile

7.1%

Faster revenue growth than 54% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$753,545

Up $78,855 (+12%) from 2023

Liabilities

Up

$123,523

Up $16,032 (+15%) from 2023

Net Assets

Up

$630,022

Up $62,823 (+11%) from 2023

Revenue

Up

$753,935

Up $49,881 (+7.1%) from 2023

Expenses

Up

$691,112

Up $43,349 (+6.7%) from 2023

Net Income

Up

$62,823

Up $6,532 (+12%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2010: $421,654Liabilities 2010: $544,376Net Assets 2010: -$122,7222010Assets 2011: $415,850Liabilities 2011: $517,078Net Assets 2011: -$101,2282011Assets 2012: $426,255Liabilities 2012: $488,067Net Assets 2012: -$61,8122012Assets 2013: $454,313Liabilities 2013: $474,506Net Assets 2013: -$20,1932013Assets 2014: $468,181Liabilities 2014: $439,341Net Assets 2014: $28,8402014Assets 2015: $504,729Liabilities 2015: $410,795Net Assets 2015: $93,9342015Assets 2016: $479,948Liabilities 2016: $349,908Net Assets 2016: $130,0402016Assets 2017: $499,174Liabilities 2017: $296,118Net Assets 2017: $203,0562017Assets 2018: $493,790Liabilities 2018: $244,906Net Assets 2018: $248,8842018Assets 2019: $473,402Liabilities 2019: $195,350Net Assets 2019: $278,0522019Assets 2020: $532,072Liabilities 2020: $196,747Net Assets 2020: $335,3252020Assets 2021: $556,311Liabilities 2021: $110,997Net Assets 2021: $445,3142021Assets 2022: $617,291Liabilities 2022: $106,383Net Assets 2022: $510,9082022Assets 2023: $674,690Liabilities 2023: $107,491Net Assets 2023: $567,1992023Assets 2024: $753,545Liabilities 2024: $123,523Net Assets 2024: $630,0222024

Highlighted filing

2024

Assets$753,545
Liabilities$123,523
Net Assets$630,022

Operations Trend

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

$800K$600K$400K$200K$0Expenses 2010: $490,9392010Expenses 2011: $529,9882011Expenses 2012: $533,1812012Revenue 2013: $606,724Expenses 2013: $566,184Net Income 2013: $40,5402013Revenue 2014: $625,545Expenses 2014: $576,512Net Income 2014: $49,0332014Revenue 2015: $635,035Expenses 2015: $569,941Net Income 2015: $65,0942015Revenue 2016: $612,033Expenses 2016: $575,927Net Income 2016: $36,1062016Revenue 2017: $677,455Expenses 2017: $604,439Net Income 2017: $73,0162017Revenue 2018: $673,051Expenses 2018: $627,223Net Income 2018: $45,8282018Revenue 2019: $703,459Expenses 2019: $674,291Net Income 2019: $29,1682019Revenue 2020: $291,800Expenses 2020: $234,527Net Income 2020: $57,2732020Revenue 2021: $705,111Expenses 2021: $595,122Net Income 2021: $109,9892021Revenue 2022: $698,188Expenses 2022: $632,594Net Income 2022: $65,5942022Revenue 2023: $704,054Expenses 2023: $647,763Net Income 2023: $56,2912023Revenue 2024: $753,935Expenses 2024: $691,112Net Income 2024: $62,8232024

Highlighted filing

2024

Revenue$753,935
Expenses$691,112
Net Income$62,823

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.54$1.24$6.30$7.54$6.91$0.63
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.75$1.07$5.67$7.04$6.48$0.56
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.17$1.06$5.11$6.98$6.33$0.66
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$5.56$1.11$4.45$7.05$5.95$1.10
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$5.32$1.97$3.35$2.92$2.35$0.57
2019Summary only. Only limited summary data is available for this year.$4.73$1.95$2.78$7.03$6.74$0.29
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.94$2.45$2.49$6.73$6.27$0.46
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.99$2.96$2.03$6.77$6.04$0.73
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.80$3.50$1.30$6.12$5.76$0.36
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.05$4.11$0.94$6.35$5.70$0.65
2014Detailed filing. Detailed filing data is available for this year.$4.68$4.39$0.29$6.26$5.77$0.49
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.54$4.75$0.20$6.07$5.66$0.41
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.26$4.88$0.62$5.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.16$5.17$1.01$5.30
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.22$5.44$1.23$4.91
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$823,240
Mission and Program Overview

Mission

Advancing commerical, civic, and general interest in the Huron Valley area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$567,199$630,022▲ $62,823
Land, Buildings, and Equipment, Net$315,232$326,507▲ $11,275
Savings and Temporary Cash Investments$229,253$234,377▲ $5,124
Cash and Non-Interest-Bearing Accounts$121,687$190,571▲ $68,884
Accounts Receivable$6,940$2,090▼ $4,850
Prepaid Expenses and Deferred Charges$1,578$0▼ $1,578
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$674,690$753,545▲ $78,855
Other Assets Total-$0-
Liabilities
Deferred Revenue$51,925$71,125▲ $19,200
Other Liabilities$52,295$49,262▼ $3,033
Accounts Payable and Accrued Expenses$3,271$3,136▼ $135
Total Liabilities$107,491$123,523▲ $16,032
Net Assets / Fund Balance
Total Net Assets Fund Balance$567,199$630,022▲ $62,823
Total Liabilities and Net Assets / Fund Balance$674,690$753,545▲ $78,855

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$272,522$335,570$608,092
Land$50,000-$50,000
Other Land Buildings$2,492$8,827$11,319
Equipment$1,493$2,515$4,008
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joell BeetherExecutive DirectorFT$95,769$5,760$101,529

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$757,566
Investment Income
$5,124
Other Revenue
$-8,755
Change in Net Assets
$62,823

Audited Revenue Reconciliation

Revenue per Audited Statements
$753,935
Total Revenue per Audited Statements
$753,935
Total Revenue per Form 990
$753,935
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$456,562
Salaries, Compensation, and Employee Benefits$227,975
Grants and Similar Amounts Paid$6,575
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$110,803
Current Officers, Directors, Trustees, and Key Employees---$95,885
All Other Expenses---$28,297
Payroll Taxes---$16,103
Other Expenses---$15,681
Occupancy---$15,398
Office Expenses---$11,655
Information Technology---$7,532
Depreciation Depletion---$6,347
Other Employee Benefits---$5,184
Grants to Domestic Individuals---$4,950
Insurance---$2,602
Fees for Services Accounting---$2,476
Grants to Domestic Orgs---$1,625
Travel---$648
Total Functional Expenses$0$0$0$691,112

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$691,112
Total Expenses per Audited Statements$691,112
Total Expenses per Form 990$691,112
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Chamber Bucks escrow$35,664
Accrued/withheld payroll & taxes$11,398
Security deposits held$2,200
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1A

The Executive Committee shall exercise all powers and authority of the entire Board of Directors in management of the business and affairs of the Corporation between BOD meetings, if the Executive Committee determines actions must be taken before the next meeting of BOD, with the exception of specific actions identified in the By-laws.

Form 990, Part VI, Section B, Line 11B

The return is reviewed by the Treasurer and Executive Director and made available for Officers and Directors to review at their request.

Form 990, Part VI, Section C, Line 19

Governing documents, public policies, and financial statements are made available to public upon request.

Filing and Contact Details

Filer

Filer Name
Huron Valley Chamber of Commerce
EIN
38-2493211
Phone
2486857129
Address
317 Union Street Ste G, Milford, MI 48381

Signing Officer

Name
Joell Beether
Title
Executive Director
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joell Beether
Formed
1962
Legal Domicile
Mi
Voting Board Members
23
Independent Board Members
23
Employees
4
Volunteers
600

Preparer

Firm
JE Strauss Consulting CPA LLC
Address
376 Beach Farm Circle Unit 905, Highland, MI 48357
Preparer
Joseph E Strauss CPA
Phone
2482859201
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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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IRS990/Form990PartVIISectionAGrp/PersonNm20Todd Hibberd
IRS990/Form990PartVIISectionAGrp/PersonNm21Katie Kokko
IRS990/Form990PartVIISectionAGrp/PersonNm22Anthony Noble
IRS990/Form990PartVIISectionAGrp/PersonNm23Carol Peters
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IRS990/Form990PartVIISectionAGrp/TitleTxt21Director
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IRS990/ProgSrvcAccomActy2Grp/Desc0Coordinate and host approximately 100 networking meetings and events to promote cooperation amongst community businesses for the benefit of members and the community at large.
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