Twin Lakes Area Chamber & Business Association Inc
Nonprofit profile at a glance
- EIN
- 391165966
- IRS 990-EZ coverage
- 2012–2025
- Forms available
- Form 990-EZ 2025
- Location
- Twin Lakes, WI, USA
- Phone
- 2628772220
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $87,819
- Expenses
- $80,592
- Assets
- $71,809
- Liabilities
- $1,904
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- WAYNE TRONGEOU (PRESIDENT)
- EMILY OLSZAK (PRESIDENT)
People named in this filing
- JOY JANAS (CHAIRWOMAN)
- WAYNE TRONGEOU (PRESIDENT)
- EMILY OLSZAK (PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To advance the economic, industrial, professional, cultural, and civic welfare of the business and general population of the village of twin lakes and the surronding areas.
What it reported doing in 2025
Promote business residency and tourism in the twin lakes area
Operating model
- Revenue model
- Earned-program. 65% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Assets have declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 82
- Sustainability: 49
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.8%; rating input score 81
- Program expense ratio: 87.9%; rating input score 88
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 8.2%; rating input score 58; 58th percentile among comparable filings
- Total-asset coverage ratio: 0.89; rating input score 44; 44th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 20.9% per year; rating input score 100; 82nd percentile among comparable filings
- Revenue growth: 4.4% per year; rating input score 100; 67th percentile among comparable filings
- Asset growth: -2.4% per year; rating input score 0; 30th percentile among comparable filings
Details
- Where the money goes: 80.8% of revenue deployed · 87.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $71K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 14 filing years from 2012 to 2025
- Contacts: How to reach this organization
- 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.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Operating margin scored 58/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
- High — Sustainability: Liabilities to assets ratio scored 21/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.