Harmony Area Chamber Of Commerce
- Assets
- $18.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Harmony, MN
- Founding
- 03/2008
- Data as of
- 12/2022
- EIN
- 26-1108183
Organization Overview
Harmony Area Chamber Of Commerce is located in Harmony, MN. The organization was established in 2008. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Harmony Area Chamber Of Commerce is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Harmony Area Chamber Of Commerce generated $83.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $76.7k during the year ending 12/2022. While expenses have increased by 3.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3
TO ADVANCE THE GENERAL WELFARE AND PROSPERITY OF THE CITY OF HARMONY AND SURROUNDING ENVIRONS SO THAT ITS BUSINESSES AND CITIZENS WILL PROSPER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erica Thilges President | 2.5 | $0 | |
Michael Himlie Secretary | 1 | $0 | |
Amy Bishop Treasurer | 2.5 | $0 | |
Janell Randa Director | 1 | $0 | |
Allison Whalen Executive Director | 40 | $0 | |
Jan Bigalk Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $69,260 |
| Total Program Service Revenue | $13,370 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$1,714 |
| Other Revenue | $206 |
| Total Revenue | $83,242 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $42,755 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,383 |
| Other expenses | $32,517 |
| Total expenses | $76,655 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,087 |
| Other assets | $0 |
| Total assets | $18,205 |
| Total liabilities | $5,194 |
| Net assets or fund balances | $13,011 |