Higgins Lake-roscommon Chamber of Commerce
501(c)(6)
Only null% goes to programs Strong reserves Declining revenue
Higgins Lake-roscommon Chamber of Commerce is a 501(c)(6) organization based in Roscommon, Michigan, registered in 1995, with $23,684 in FY2016 revenue. CharityIndex grades it C.
709 Lake Street Box 269, Roscommon, MI, 48653 EIN 38-3154555 Since 1995
Revenue (FY2016)
$24K
▲ 7.0% vs prior year
Expenses (FY2016)
$27K
Net assets
$16K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Higgins Lake-roscommon Chamber of Commerce— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating7 mo reserves · -13% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Higgins Lake-roscommon Chamber of Commerce: 7 mo reserves · -13% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Higgins Lake-roscommon Chamber of Commerce— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FTransparency10% of the rating0 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Higgins Lake-roscommon Chamber of Commerce: 0 of 5 disclosure signals earns a F on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $25K (FY2011) to $24K (FY2016) across 6 reported years.
Financial snapshot
Financial health & position (FY2016)
Operating margin
-12.7%
Spent more than it raised in the latest fiscal year.
Total assets
$16K
Net assets
$16K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2016 | $23,684▲7.0% | $26,700▲14.0% | $15,739▼16.1% | $15,739▼16.1% | 990EZ |
| 2015 | $22,131▼26.2% | $23,417▼20.6% | $18,755▼6.4% | $18,755▼6.4% | 990EZ |
| 2014 | $29,968▲2.6% | $29,479▲5.9% | $20,041▲2.5% | $20,041▲2.5% | 990EZ |
| 2013 | $29,212▲12.4% | $27,833▲16.5% | $19,552▲7.6% | $19,552▲7.6% | 990EZ |
| 2012 | $25,991▲3.0% | $23,899▲11.9% | $18,173▲13.0% | $18,173▲13.0% | 990EZ |
| 2011 | $25,228 | $21,361 | $16,081 | $16,081 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Higgins Lake-roscommon Chamber of Commerce a legitimate nonprofit?
- Yes. Higgins Lake-roscommon Chamber of Commerce is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 38-3154555, based in Roscommon, Michigan.
- What is Higgins Lake-roscommon Chamber of Commerce's EIN?
- Higgins Lake-roscommon Chamber of Commerce's Employer Identification Number (EIN) is 38-3154555.
- How much revenue does Higgins Lake-roscommon Chamber of Commerce report?
- Higgins Lake-roscommon Chamber of Commerce reported $23,684 in total revenue on its fiscal year 2016 IRS Form 990 filing.
- What financial grade does Higgins Lake-roscommon Chamber of Commerce have?
- CharityIndex grades Higgins Lake-roscommon Chamber of Commerce C, based on financial health (reserves and operating margin).
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Data for Higgins Lake-roscommon Chamber of Commerce (EIN 38-3154555) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.