MANITOWISH WATERS CHAMBER OF COMMERCE CORP

EIN: 390447589

MANITOWISH WATERS, WI

Total Revenue
$182,287
Total Expenses
$191,833
Total Assets
$105,194
Net Assets
$103,281
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1939
Legal Domicile
WI
Principal Officer
CHRIS MCMURRAY
Phone
7155438488
Tax Period
2022-10-01 to 2023-09-30

MANITOWISH WATERS CHAMBER OF COMMERCE CORP, founded in 1939, is a small nonprofit that reported $182K in total revenue in fiscal year 2022.

Mission

TO PROMOTE THE INTERESTS, GENERAL WELFARE, AND PROSPERITY OF OUR MEMBERS AND THE MANITOWISH WATERS REGION. WE STRIVE TO PROMOTE OUR MEMBERS AND OUR VIBRANT COMMUNITY AS THE DESTINATION TO LIVE, WORK, AND PLAY.

Program Service Accomplishments

Program 1

MAINTAINED CHAMBER OF COMMERCE VISITOR INFORMATION OFFICE. PROVIDED STAFF TO ASSIST VISITORS. DISSEMINATED TOURISM INFORMATION. CREATED MEMBER E- NEWSLETTER. PROVIDED ACCOMODATION REFERRALS.

Program 2

CHAMBER OF COMMERCE SERVING 198 MEMBER BUSINESSES. MAIN ACTIVITY IS PROMOTION OF THE COMMUNITY. CREATED AND PLACED ADS IN TV, NEWSPAPERS, MAGAZINES, RADIO, AND INTERNET. INVITED VISITORS TO VACATION...

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CHAMBER OF COMMERCE SERVING 198 MEMBER BUSINESSES. MAIN ACTIVITY IS PROMOTION OF THE COMMUNITY. CREATED AND PLACED ADS IN TV, NEWSPAPERS, MAGAZINES, RADIO, AND INTERNET. INVITED VISITORS TO VACATION IN OUR AREA.

Program 3

PRODUCED AND DISTRIBUTED 15,000 COPIES OF CHAMBER OF COMMERCE VISITOR'S GUIDE/MEMBER DIRECTORY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $24,462
Program Service Revenue $156,116
Investment Income $67
Other Revenue $1,642
TOTAL REVENUE $182,287

Expense Breakdown

Grants Paid $0
Salaries & Benefits $101,931
Fundraising Expenses $0
Other Expenses $89,902
TOTAL EXPENSES $191,833

Year-over-Year Comparison

2022 2021 Change
Revenue $182,287 $180,400 +0.0%
Expenses $191,833 $163,955 +0.2%
Net Income $-9,546 $16,445 -1.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
6
Volunteers
50

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$54,569
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICIA GAUTHIER EXEC DIR END 40.00
Officer
$41,346 $5,708 $47,054
KRISTEN SMITH EXEC DIR BEG 40.00
Officer
$6,923 $592 $7,515
KRISTEN BIESCHEL VICE PRESIDE 2.50
Officer Director
$0 $0 $0
LINDA LONG TREASURER 2.50
Officer Director
$0 $0 $0
STEPHANIE MCCLELLAN DIRECTOR 2.50
Director
$0 $0 $0
CHRIS MCMURRAY PRESIDENT 2.50
Officer Director
$0 $0 $0
ANGIE NICOL DIRECTOR 2.50
Director
$0 $0 $0
BROOKE RYDZEWSKI SECRETARY 2.50
Officer Director
$0 $0 $0
DAN STELLA DIRECTOR 2.50
Director
$0 $0 $0
KELLI STRAUBEL DIRECTOR 2.50
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $182,287 $191,833 $105,194 $-9,546
2022 $180,400 $163,955 $114,855 $16,445
2021 $141,818 $166,074 $97,216 $-24,256
2020 $209,345 $203,749 $122,226 $5,596
2019 $178,045 $165,861 $116,609 $12,184
2018 $184,002 $148,801 $105,317 $35,201
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