Glendale Association of Commerce INC

EIN 39-1908705 Business league / trade association Milwaukee, WI

Form 990 (PDF) Compare with another nonprofit →

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Size

<$100K

What they do

Unites and advocates for local businesses.

Leadership

Robert Frisch · Board Member

Money in and out

$20K revenue, $23K expenses

Bottom line

-18% operating surplus

Unites and advocates for local businesses. For fiscal year 2025 it reported $20K in revenue, $23K in expenses, and $10K in net assets.Pt I

Membership & operating revenue · FY2025

Total revenue

$20K

Pt VIII · Ln 12

Total expenses

$23K

Pt IX · Ln 25

Net assets

$10K

Pt X · Ln 32

Revenue less expenses (Pt I · Ln 19): −$3K

Operating surplus

-18%

revenue over expenses▲ +45% vs prior filing year

Earned revenue

78%

of revenue from program services & dues▲ +13% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990

Revenue

$20K

FY2025▼ -7%

Expenses

$23K

FY2025▼ -17%

Total assets

$10K

FY2025▼ -27%

Total liabilities

FY2025

Total revenue

$20K

Pt VIII · Ln 12

Total expenses

$23K

Pt IX · Ln 25

Net assets

$10K

Pt X · Ln 32

Revenue less expensesPt I · Ln 19−$3K

Total assetsPt X · Ln 16$10K

Program-expense ratioPt IX · col B—

Voting members of governing bodyPt I · Ln 35

Independent voting membersPt I · Ln 4pending

Mission & Programs · Part III

Where the work happens

1 program service, described in the organization's own filed words · FY2025.

Business socialization and representation to the public.

Pt IX · col B

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Identity & Classification

Form 990 Header · IRS Business Master File

Legal nameHdr · item CGlendale Association of Commerce INC

EINHdr · item D39-1908705

Principal addressHdr · item CMilwaukee, WI

WebsiteHdr · item Jglendale-chamber.com

Year of formationHdr · item Lpending

State of legal domicileHdr · item MWI

Exempt statusHdr · item I501(c)(6) · active

NTEE classificationIRS BMFCommunity Development (S41)

Ruling yearIRS BMFApr 2003

Governance & Policies

Part VI

Voting members of the governing bodyPt VI · Ln 1a5

Independent voting membersPt VI · Ln 1bpending

Conflict-of-interest policyPt VI · Ln 12aNo

Whistleblower policyPt VI · Ln 13No

Document retention policyPt VI · Ln 14No

CEO/top-official compensation independently reviewedPt VI · Ln 15aNo

Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation

Robert Frisch

Board Member

$0Pt VII · Sec A

Robert Porsche

Board Chairm

$0Pt VII · Sec A

Dale a Schmidt

President

$0Pt VII · Sec A

Robert Worth

Board Member

$0Pt VII · Sec A

Ellen Zielinski

Board Member

$0Pt VII · Sec A

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Statement of Revenue

Part VIII

Program service revenue$15K · 78%

Other revenue$4K · 22%

Program service revenue78%$15K

Other revenue22%$4K

Total revenueLn 12$20K

Balance Sheet

Part X · end of year

CashLn 1$15K

Total assetsLn 16$10K

Total liabilitiesLn 26$0

Total net assetsLn 32$10K

Months of cash on handcomputed7.7

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it

Liquidity & Payout

Operating runway

Highly liquid reserves $15K · Operating expenses/yr $23K

7.7 months

Where the money goes

Program services

Program services $0 · Total expenses $23K

not reported

Management & General

Management & general $0 · Total expenses $23K

not reported

Fundraising

Fundraising $0 · Total expenses $23K

not reported

Cost to raise $1

Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0

Solicited contributions below reporting floor

Where the money comes from

Contribution dependence

Contributions & grants $0 · Total revenue $20K

Government reliance

Government grants — · Total revenue $20K

—

Earned-income share

Program service revenue $15K · Total revenue $20K

78%

Investment reliance

Investment income $0 · Total revenue $20K

Program self-sufficiency

Program service revenue $15K · Total expenses $23K

67%

Growth & trend

Revenue growth (YoY)

This year $20K · Prior year $21K

Prior-year revenue below floor — showing dollar change

Revenue CAGR

FY2021 $34K · FY2025 $20K

-13%

Net-asset trend (YoY)

End of year $10K · Beginning of year —

Beginning net assets not meaningfully positive — showing dollar change

Balance sheet

Surplus Margin

Revenue $20K · Expenses $23K

-18%

Liabilities-to-Assets

Total liabilities — · Total assets $10K

—

Net-asset ratio

Net assets $10K · Total assets $10K

100%

Marketable Investment Share

Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $10K

Excludes program-related investments (Pt X, ln 13)

People & payroll

Highest Reported Total Compensation

Individual Robert Frisch · Reported title BOARD MEMBER · Highest reported compensation $0 · Total expenses $23K

Personnel share

Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $23K

—

Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

Metric	This org	Peer median	Percentile
Revenue growth	-7%	—	—

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

FY2025 (Latest)$20K revenue · viewing · ⤓ 990 PDF

FY2024$21K revenue · ⤓ 990 PDF

FY2023$25K revenue · ⤓ 990 PDF

FY2022$33K revenue · ⤓ 990 PDF

FY2021$34K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings

Form 990 e-file (XML) · FY2025IRS

Classification, formation year, addressIRS Business Master File

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