Racine Area Manufacturers and Commerce Inc
Racine Area Manufacturers and Commerce (RAMAC) is racine's business champion serving as a voice representing the common interests of every organization in racine - small and large, industrial and retail, for profit and nonprofit. In support of its broad and diverse membership base, RAMAC offers a variety of pro-business and pro-community programs and initiatives. These programs aim to improve the business climate and vitality of the greater racine area.
Racine Area Manufacturers and Commerce Inc at a glance
- Total assets
- $1,229,161
- +3.9% vs 2024
- Revenue (2025)
- $2,541,419
- -4.4% vs 2024
- Net investment income (2025)
- $20,039
- -0.6% vs 2024
- Expenses (2025)
- $2,527,202
- -1.6% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Racine Area Manufacturers and Commerce Inc funds
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 2 grants of 2 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Racine Area Manufacturers and Commerce Inc gives
- Giving grew 43% from 2020 to 2023. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $2K (2021) to $7K (2023). In 2023 it made 1 grant totaling $7K.
Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Racine Area Manufacturers and Commerce Foundation Inc Racine, WI | To support the organization's mission to faciliate business/education partnerships in the racine community. | $7,263 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $1,229,161 | $2,541,419 | $2,527,202 | — | — | $20,039 |
| 2024 | $1,183,140 | $2,657,510 | $2,568,812 | — | — | $20,159 |
| 2023 | $1,082,846 | $2,380,936 | $2,329,898 | $7,263 | 1 | $2,733 |
| 2022 | $1,005,962 | $2,117,988 | $2,060,781 | $5,254 | 1 | $260 |
| 2021 | $980,591 | $2,209,155 | $2,140,451 | $1,775 | Total only | $523 |
| 2020 | $853,574 | $1,943,739 | $1,858,789 | $5,085 | 1 | $1,183 |
| 2019 | $760,106 | $1,780,759 | $1,679,418 | — | — | $618 |
"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.
About Racine Area Manufacturers and Commerce Inc
Based on IRS filings
Racine Area Manufacturers and Commerce Inc is a public charity, based in Racine, WI. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.2M in total assets. Net investment income was $20K.
Leadership & Key People
Officers and directors from IRS filings
Racine Area Manufacturers and Commerce Inc is led by Matt Montemurro, President & CEO on every filing since 2019; 1 of 21 officers listed in 2025 is compensated.
Officers on the 2025 filing
Matt Montemurro
President & CEO
On filings since 2019
40 hrs/week
$131K (2019) → $142K (2025)
Mark Lewis
President & CEO January
Director → President & CEO January, 2025
On filings since 2019
40 hrs/week
No compensation reported
Scott Hess
Chair
Vice Chair & Finanace Chairman → Vice Chair & Finanace Chair, 2024
Vice Chair & Finanace Chair → Chair, 2025
On filings since 2019
1 hr/week
No compensation reported
Ryan Brath
Mar Chair
Comar Chairman → Comar Chair, 2024
Comar Chair → Mar Chair, 2025
On filings since 2021
1 hr/week
No compensation reported
Dana Christensen
Membership Chair
Director → Membership Chair, 2024
On filings since 2023
1 hr/week
No compensation reported
John Warren
Public Policy Chair
Director → Public Policy Chair, 2025
On filings since 2023
1 hr/week
No compensation reported
Loretta Olson
Activities Chair
Director → Activities Chair, 2024
On filings since 2023
1 hr/week
No compensation reported
Andrew Dodge
Finance Chair
New on the 2025 filing
1 hr/week
No compensation reported
Crista Kruse
Director
On filings since 2023
1 hr/week
No compensation reported
Frank Sterbin Jr.
Director
On filings since 2023
1 hr/week
No compensation reported
Tom Schaefer
Director
On filings since 2023
1 hr/week
No compensation reported
Aaron Spitzner
Director
On filings since 2024
1 hr/week
No compensation reported
Donna Owens
Director
On filings since 2024
1 hr/week
No compensation reported
Kristen Beglinger
Director
On filings since 2024
1 hr/week
No compensation reported
Adam Pontious
Director
New on the 2025 filing
1 hr/week
No compensation reported
Ali Haigh
Director
New on the 2025 filing
1 hr/week
No compensation reported
Brett Ekes
Director
New on the 2025 filing
1 hr/week
No compensation reported
Dave Brown
Director
New on the 2025 filing
1 hr/week
No compensation reported
Helen T. May
Director
New on the 2025 filing
1 hr/week
No compensation reported
Hope Otto
Director
New on the 2025 filing
1 hr/week
No compensation reported
Brian Weaver
Vice Chair
Director → Vice Chair, 2025
On filings since 2022
1 hr/week
No compensation reported
Former officers (23)
- Former: Jody Muniz (2019–2024) — Public Policy Chair
- Former: Liz Powell (2019–2024) — Director
- Former: Mark Behrens (2019–2024) — Chair
- Former: Mike Cretton (2019–2024) — Director
- Former: Jeff Knutson (2020–2024) — Director
- Former: Steve Langer (2021–2024) — Director
- Former: Doug Nicholson (2019–2023) — Activities Chairman
- Former: Judy Melaro-Gavigan (2020–2023) — Membership Chairman
- Former: Jim Ladwig (2023) — Director
- Former: Dean Popek (2019–2022) — Comar Chairman
- Former: Dominic Cariello (2019–2022) — Chair
- Former: James Ladwig (2019–2022) — Director
- Former: Patrick Booth (2019–2022) — Director
- Former: Robert Ducoffe (2019–2022) — Director
- Former: Torben Christensen (2019–2022) — Public Policy Chairman
- Former: Randy Ekern (2020–2022) — Director
- Former: Nate Burgers (2019–2021) — Director
- Former: Dan Pettit (2019–2020) — Chair of the Board
- Former: Herb Katt (2019–2020) — Director
- Former: Matt McBurney (2019–2020) — Executive Committee - Publ
- Former: Tom Buhler (2019–2020) — Director
- Former: Carol Diraimondo-Decker (2020) — Director
- Former: Judy Gavigan (2019) — Executive Committee - Membership
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $142K, to Matt Montemurro (President/CEO).
Frequently asked questions about Racine Area Manufacturers and Commerce Inc
How large is Racine Area Manufacturers and Commerce Inc?
Racine Area Manufacturers and Commerce Inc reported $1.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $2.5M.
Where does Racine Area Manufacturers and Commerce Inc operate?
Racine Area Manufacturers and Commerce Inc has awarded grants in Wisconsin.
What is Racine Area Manufacturers and Commerce Inc's EIN?
Racine Area Manufacturers and Commerce Inc's EIN (Employer Identification Number) is 39-1403335. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS January 11, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 22, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS January 12, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 5, 2023)
- IRS filings on file for fiscal years 2019–2025
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