Sterling Heights Regional Chamber of Commerce & Industry
501(c)(6)
Only null% goes to programs
Sterling Heights Regional Chamber of Commerce & Industry is a 501(c)(6) organization based in Sterling Hts, Michigan, registered in 1984, with $547,750 in FY2024 revenue. CharityIndex grades it C+.
12900 Hall Rd Ste 100, Sterling Hts, MI, 48313 EIN 38-1987626 Since 1984
Revenue (FY2024)
$548K
▲ 11.8% vs prior year
Expenses (FY2024)
$628K
Net assets
$132K
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 Sterling Heights Regional Chamber of Commerce & Industry— 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 rating3 mo reserves · -15% 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 Sterling Heights Regional Chamber of Commerce & Industry: 3 mo reserves · -15% 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 Sterling Heights Regional Chamber of Commerce & Industry— 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 Sterling Heights Regional Chamber of Commerce & Industry: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 12900 Hall Rd Ste 100, Sterling Hts, MI, 48313
- City
- Sterling Hts
- State
- Michigan
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue declined from $674K (FY2013) to $548K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $8,717Net assets $132K
Operating margin
-14.6%
Spent more than it raised in the latest fiscal year.
Total assets
$141K
Total liabilities
$8,717
Net assets
$132K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $547,750▲11.8% | $627,738▲0.4% | $132,391▼37.7% | $141,108▼35.8% | 990 |
| 2023 | $490,058▼3.1% | $625,027▲28.5% | $212,379▼38.9% | $219,934▼38.4% | 990 |
| 2022 | $505,592▲3.2% | $486,390▲10.7% | $347,348▲5.9% | $356,871▲2.4% | 990 |
| 2021 | $490,058▲1.5% | $439,189▼3.0% | $328,146▲18.3% | $348,402▲16.3% | 990 |
| 2020 | $482,911▼26.3% | $452,805▼18.1% | $277,277▲12.2% | $299,568▲17.5% | 990 |
| 2019 | $655,153▲0.4% | $552,778▼5.6% | $247,171▲80.0% | $255,051▲50.3% | 990 |
| 2018 | $652,567▼2.1% | $585,613▼8.7% | $137,296▲76.4% | $169,672▲48.0% | 990 |
| 2017 | $666,426▼0.6% | $641,726▼8.7% | $77,842▲46.5% | $114,659▲48.5% | 990 |
| 2016 | $670,690▼1.9% | $703,015▲2.8% | $53,142▼37.8% | $77,200▼25.8% | 990 |
| 2015 | $683,876▼3.8% | $683,753▼3.7% | $85,467▲0.1% | $104,043▲9.8% | 990 |
| 2014 | $711,113▲5.4% | $709,897▼2.7% | $85,344▲1.4% | $94,763▼12.3% | 990 |
| 2013 | $674,498 | $729,308 | $84,128 | $108,091 | 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.
Grants received · $19K total
3 grants to Sterling Heights Regional Chamber of Commerce & Industry totaling $19K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Henry Ford Macomb Hospital Corporation | Organizational support | 2022 | $5,620 |
| Henry Ford Macomb Hospital Corporation | Organizational support | 2021 | $6,500 |
| Henry Ford Macomb Hospital Corporation | Organizational support | 2019 | $7,212 |
Frequently asked questions
- Is Sterling Heights Regional Chamber of Commerce & Industry a legitimate nonprofit?
- Yes. Sterling Heights Regional Chamber of Commerce & Industry is a 501(c)(6) organization registered with the U.S. Internal Revenue Service under EIN 38-1987626, based in Sterling Hts, Michigan.
- What is Sterling Heights Regional Chamber of Commerce & Industry's EIN?
- Sterling Heights Regional Chamber of Commerce & Industry's Employer Identification Number (EIN) is 38-1987626.
- How much revenue does Sterling Heights Regional Chamber of Commerce & Industry report?
- Sterling Heights Regional Chamber of Commerce & Industry reported $547,750 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Sterling Heights Regional Chamber of Commerce & Industry have?
- CharityIndex grades Sterling Heights Regional Chamber of Commerce & Industry C+, based on financial health (reserves and operating margin).
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Data for Sterling Heights Regional Chamber of Commerce & Industry (EIN 38-1987626) 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.