CSCharityScored
51

Lakes Area Chamber Of Commerce

Other · Walled Lake, Michigan

305 N Pontiac Trl Ste A, Walled Lake, MI 48390-3479

EIN: 381718932· Founded: May 1964· 62 years active· Filing Year: 2023

Annual Revenue

$150K

Total Expenses

$177K

Total Assets

$38K

Program Spending

60%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$72K

40.6% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$43K

Total Payroll

$115K

65% of total expenses

Where the Money Goes

60%
Programs: 60%
Payroll: 65%
Other overhead: 40%
Program Revenue$106K (71%)
Total Expenses$177K (100%)
Payroll$115K (65%)
Overhead (non-program)40%

Trust Score Breakdown

Program Spending Ratio

60% of expenses go to programs

40%

Revenue & Stability

$150K annual revenue

15%

Executive Compensation

$72K total officer comp (40.6% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$38K in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.