Dues
Dues Investment Schedule - 2010
Dues paid to Southern Midcoast Maine Chamber fund its programs and services. Information used in the calculation of dues is confidential. For purposes of calculation, all locations of a business in the Chamber’s service area are considered to be one membership and must be used in the calculation of dues. Two part-time employees are counted as one full-time. All but 4% (the extent that SMMC engages in State or Federal lobbying) are tax deductible as a business expense. Memberships are annual, paid in full, non-transferable, non-refundable and a business asset. Select the appropriate category and apply the formula to your business:
1. Financial Institutions: Banks, Credit Unions and Savings & Loans Investment based upon deposits Each institution pays a base rate of $227 for the first $10 million in deposits plus $10 for each million in excess of the first $10 million in deposits.
2. Lodging Establishments: Motels, Hotels, Inns, B & B’s, Cottages, and Campgrounds. Investment based upon number of units/rooms/sites.
For Motels/Hotels/B & B’s and cottages: base rate of $227 for one to five rooms/units plus $5 per room/unit for the next 45 rooms plus $2.50 per room/unit for the remainder.
For campgrounds: base rate of $227 for the first 50 sites plus $1 for all sites over 50.
For establishments with a restaurant on the premises, see Associate Membership category.
3. Restaurants: Dining places including fast food Sit down, take out, ice cream/yogurt shops, pizza, donuts, bakeries. Investment based upon gross sales, according to the schedule below. For establishments with lodging on the premises, see Associate Membership category.
Gross Sales > Dues
$0 - $125,000 > $227
$125,001 – 350,000 > $298
$350,001 - $500,000 > $373
$500,001 - $750,000 > $442
$750,001 - $1,000,000 > $504
$1,000,001 - $1,250,000 >$580
$1,250,001 and up > $654
4. Professional Offices: Lawyers, Accountants, Architects, Engineers, Chiropractors, Dentists, Optometrists, Physicians, Realtors
Investment based upon number of professional and employees per office. Each firm pays a base rate of $227 for the first two professional employees (total) per firm. Plus $35 per professional employees from three to five and $10 for each additional professional and employee over five. Any professional, full or part-time is counted as one.
5. General Business: Automotive, Retail, Contractors, Manufacturers, Services, Healthcare, Education. Investment based upon number of employees according to the schedule below:
# of Employees > Dues
1-5 > $227
6-10 > $368
11-25 > $442
26-50 > $554
51-100 > $754
101-500 > $1115
501-1000 > $1630
Over 1001 > Contact the Chamber Staff
6. Non Profit Organizations: An agency primarily funded by donations (IRS status 501c3) such as social service organizations, societies, clubs and/or museums. Investment is base rate of $227.
7. Associate Membership: A Chamber member who has another business that shares the same premises, ownership and employees as the first. A limit of one additional business is permitted. Investment is $114.
8. Friend of the Chamber: An individual with no business affiliation who has an interest in the objectives of the Chamber of Commerce. Investment is $63 per individual.
