Southwest Michigan Regional Chamber
EIN: 381443478 · Saint Joseph, MI
| Metric | Value |
|---|---|
| Total Revenue | $460K |
| Total Expenses | $415K |
| Net Assets | $294K |
Is Southwest Michigan Regional Chamber Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Southwest Michigan Regional Chamber
Southwest Michigan Regional Chamber (EIN: 381443478) is a nonprofit organization based in Saint Joseph, MI. The organization reported total revenue of $460K and total assets of $140K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southwest Michigan Regional Chamber's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southwest Michigan Regional Chamber is a small nonprofit that has been operating for 70 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 0.5%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $304K |
| Total Expenses | $415K |
| Surplus / Deficit | $-111,267 |
| Total Assets | $321K |
| Total Liabilities | $28K |
| Net Assets | $294K |
| Operating Margin | -36.6% |
| Debt-to-Asset Ratio | 8.7% |
| Months of Reserves | 9.3 months |
Financial Health Grade: B
In 2022, Southwest Michigan Regional Chamber reported a deficit of $111K with expenses exceeding revenue, holds 9.3 months of operating reserves (strong position), has a debt-to-asset ratio of 8.7% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Southwest Michigan Regional Chamber's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -4.3% | +13.5% | -23.6% |
| 2021 | +27.5% | +25.4% | -10.4% |
| 2020 | -18.8% | -21.2% | -7.3% |
| 2019 | -15.5% | -5.3% | -16.3% |
| 2018 | -4.8% | -4.4% | -6.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1956 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Southwest Michigan Regional Chamber has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Southwest Michigan Regional Chamber with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $111K, with expenses exceeding revenue.
- Debt-to-asset ratio: 8.7%.
Frequently Asked Questions about Southwest Michigan Regional Chamber
Is Southwest Michigan Regional Chamber a legitimate charity?
Based on AI analysis of IRS 990 filings, Southwest Michigan Regional Chamber (EIN: 381443478) insufficient data. 0 red flags identified, 0 strengths noted.
How does Southwest Michigan Regional Chamber spend its money?
Detailed spending breakdown data is not yet available for Southwest Michigan Regional Chamber. Check back for updated IRS 990 analysis.
Are donations to Southwest Michigan Regional Chamber tax-deductible?
Southwest Michigan Regional Chamber is registered as a tax-exempt nonprofit (EIN: 381443478). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Southwest Michigan Regional Chamber located?
Southwest Michigan Regional Chamber is headquartered in Saint Joseph, Michigan and files with the IRS under EIN 381443478.
How many years of IRS 990 filings does Southwest Michigan Regional Chamber have?
Southwest Michigan Regional Chamber has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $460K in total revenue.
Filing History
IRS 990 filing history for Southwest Michigan Regional Chamber showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Southwest Michigan Regional Chamber's revenue has grown by 5.1%, moving from $289K to $304K. Total assets decreased by 45% over the same period, from $584K to $321K. Total functional expenses rose by 56.7%, from $265K to $415K. In its most recent filing year (2022), Southwest Michigan Regional Chamber reported a deficit of $111K, with expenses exceeding revenue. The organization holds $28K in liabilities against $321K in assets (debt-to-asset ratio: 8.7%), resulting in net assets of $294K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $304K | $415K | $321K | $28K | — | View 990 |
| 2021 | $317K | $365K | $421K | $16K | — | View 990 |
| 2020 | $249K | $291K | $470K | $17K | — | View 990 |
| 2019 | $306K | $370K | $506K | $11K | — | — |
| 2018 | $363K | $390K | $605K | $47K | — | View 990 |
| 2017 | $381K | $408K | $646K | $60K | — | View 990 |
| 2016 | $457K | $385K | $690K | $76K | — | View 990 |
| 2015 | $280K | $285K | $592K | $50K | — | View 990 |
| 2014 | $315K | $319K | $643K | $95K | — | View 990 |
| 2013 | $274K | $235K | $624K | $73K | — | View 990 |
| 2012 | $283K | $291K | $566K | $54K | — | View 990 |
| 2011 | $289K | $265K | $584K | $65K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $304K, expenses of $415K, and assets of $321K (revenue -4.3% year-over-year).
- 2021: Revenue of $317K, expenses of $365K, and assets of $421K (revenue +27.5% year-over-year).
- 2020: Revenue of $249K, expenses of $291K, and assets of $470K (revenue -18.8% year-over-year).
- 2019: Revenue of $306K, expenses of $370K, and assets of $506K (revenue -15.5% year-over-year).
- 2018: Revenue of $363K, expenses of $390K, and assets of $605K (revenue -4.8% year-over-year).
- 2017: Revenue of $381K, expenses of $408K, and assets of $646K (revenue -16.5% year-over-year).
- 2016: Revenue of $457K, expenses of $385K, and assets of $690K (revenue +63.1% year-over-year).
- 2015: Revenue of $280K, expenses of $285K, and assets of $592K (revenue -11.1% year-over-year).
- 2014: Revenue of $315K, expenses of $319K, and assets of $643K (revenue +14.8% year-over-year).
- 2013: Revenue of $274K, expenses of $235K, and assets of $624K (revenue -3.2% year-over-year).
- 2012: Revenue of $283K, expenses of $291K, and assets of $566K (revenue -1.9% year-over-year).
- 2011: Revenue of $289K, expenses of $265K, and assets of $584K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southwest Michigan Regional Chamber:
Data Sources and Methodology
This transparency report for Southwest Michigan Regional Chamber is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.