Pine City Chamber Foundation Inc is located in Pine City, MN. The organization was established in 2005. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pine City Chamber Foundation Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Pine City Chamber Foundation Inc generated $5.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (20.6%) each year. All expenses for the organization totaled $5.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (18.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE THE COMMUNITY WITH ARTS, CULTURE, AND EDUCATIONAL ACTIVITIES IN AN EFFORT TO FOSTER FAMILY TOGETHERNESS AND GENERAL COMMUNITY PRIDE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kimberlee Bever President | 5 | $0 | |
Katie Koppy Vice Preside | 3 | $0 | |
Gretchen Blaufuss Past Preside | 2 | $0 | |
Mike Gainor Director | 1 | $0 | |
Julie Stevens Director | 1 | $0 | |
Chad Faur Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $15,220 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $15 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$9,942 |
Other Revenue | $0 |
Total Revenue | $5,293 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $3,250 |
Occupancy, rent, utilities, and maintenance | $340 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $1,774 |
Total expenses | $5,364 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $28,081 |
Other assets | $0 |
Total assets | $28,081 |
Total liabilities | $11,616 |
Net assets or fund balances | $16,465 |
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