Delavan and Delavan Lake Area Chamber of Commerce Inc
Nonprofit profile at a glance
- EIN
- 237403306
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025
- Location
- Delavan, WI, USA
- Phone
- 2627285095
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $275,749
- Expenses
- $245,253
- Assets
- $106,649
- Liabilities
- $2,439
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- LAURA HOLMSTROM (Prior President)
- RYAN SCHROEDER (President)
- DAVE SEKERES (Vice President)
Highest reported compensation
- MALINDA OBERSHAW (Executive Dir.): $72,442 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The delavan delavan lake area chamber of commerce is organized for the purpose of creating opportunities for local business, to enhance their visibility, strengthen the economy, and contribute to the cultural and civic welfare of the greater delavan community.
What it reported doing in 2025
Promotion of tourism in area to support local business
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 41
- Transparency & Controls: 90
- Accountability: 69
- Sustainability: 39
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 44%; rating input score 44
- Program expense ratio: 49.5%; rating input score 49
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 11.1%; rating input score 58; 58th percentile among comparable filings
- Total-asset coverage ratio: 0.43; rating input score 22; 22nd percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 33; 33rd percentile among comparable filings
- Officer compensation ratio: 29.5%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: 6.9% per year; rating input score 100; 58th percentile among comparable filings
- Revenue growth: 6.2% per year; rating input score 100; 54th percentile among comparable filings
- Asset growth: 1% per year; rating input score 100; 26th percentile among comparable filings
Details
- Where the money goes: 44% of revenue deployed · 49.5% of spending went to programs
- Governance: 11 of 11 board members independent · 2 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $63K in reported program spending
- Leadership: top reported pay $72K · 11 people listed
- Consistency: 22 of 23 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 16 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 44/100.
- Moderate — Financial Efficiency: Program expense ratio scored 49/100.
- High — Accountability: Governance controls: 5 of 7 not reported.
- Moderate — Transparency & Controls: Functional expense sum did not reconcile in the filed values.
- High — Sustainability: Total-asset coverage ratio scored 22/100.
- Review — Sustainability: Operating margin scored 58/100.
- High — Sustainability: Officer compensation ratio scored 11/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 33/100.