Madison-jefferson County Chamber of Commerce
501(c)(6)
Only null% goes to programs Strong reserves
Madison-jefferson County Chamber of Commerce is a 501(c)(6) organization based in Madison, Indiana, registered in 1942, with $145,994 in FY2023 revenue. CharityIndex grades it B.
301 E Main St, Madison, IN, 47250 EIN 35-0484833 Since 1942
Revenue (FY2023)
$146K
▼ 10.2% vs prior year
Expenses (FY2023)
$132K
Net assets
$273K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—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 Madison-jefferson County 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 →
AFinancial health25% of the rating25 mo reserves · +10% 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 Madison-jefferson County Chamber of Commerce: 25 mo reserves · +10% margin earns a A 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 Madison-jefferson County 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 →
CTransparency10% of the rating2 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 Madison-jefferson County Chamber of Commerce: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
Financial trends
Revenue declined from $169K (FY2016) to $146K (FY2023) across 8 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $2,303Net assets $273K
Operating margin
9.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$275K
Total liabilities
$2,303
Net assets
$273K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $145,994▼10.2% | $131,954▼9.4% | $273,068▲7.3% | $275,371▲7.5% | 990 |
| 2022 | $162,615▼22.7% | $145,608▲0.4% | $254,576▲7.4% | $256,055▲7.6% | 990 |
| 2021 | $210,273▲31.7% | $145,003▼13.5% | $237,084▲38.0% | $237,967▼11.6% | 990 |
| 2020 | $159,672▲2.5% | $167,571▲5.1% | $171,814▼4.4% | $269,222▼9.2% | 990 |
| 2019 | $155,716▼10.7% | $159,411▲2.5% | $179,713▼2.0% | $296,638▲40.4% | 990 |
| 2018 | $174,439▲11.3% | $155,453▲19.4% | $183,408▲11.5% | $211,341▼20.6% | 990 |
| 2017 | $156,755▼7.3% | $130,178▼18.6% | $164,422▲19.3% | $266,077▲5.9% | 990 |
| 2016 | $169,188 | $159,838 | $137,845 | $251,226 | 990 |
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 Madison-jefferson County Chamber of Commerce a legitimate nonprofit?
- Yes. Madison-jefferson County Chamber of Commerce is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 35-0484833, based in Madison, Indiana.
- What is Madison-jefferson County Chamber of Commerce's EIN?
- Madison-jefferson County Chamber of Commerce's Employer Identification Number (EIN) is 35-0484833.
- How much revenue does Madison-jefferson County Chamber of Commerce report?
- Madison-jefferson County Chamber of Commerce reported $145,994 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Madison-jefferson County Chamber of Commerce have?
- CharityIndex grades Madison-jefferson County Chamber of Commerce B, based on financial health (reserves and operating margin).
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Data for Madison-jefferson County Chamber of Commerce (EIN 35-0484833) 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.