Hibbing Chamber Of Commerce

Organization Overview

Hibbing Chamber Of Commerce is located in Hibbing, MN. As of 12/2023, Hibbing Chamber Of Commerce employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hibbing 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 12/2023, Hibbing Chamber Of Commerce generated $246.7k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $237.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

CREATE, PROTECT, AND ENHANCE A HEALTHY BUSINESS ENVIRONMENT FOR THE BENEFIT OF OUR MEMBERS AND THE ENTIRE COMMUNITY. INFORM OUR COMMUNITY, EDUCATE BUSINESSES AND FUTURE LEADERS, PROMOTE MEMBER BUSINESSES, ADVOCATE FOR BUSINESSES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

JUBILEE COMMUNITY FESTIVAL BRINGING THOUSANDS OF VISITORS TO HIBBING BOLSTERING LOCAL BUSINESS


VARIOUS PROGRAMS TO BENEFIT CHAMBER BUSINESSES AND THE SURROUNDING COMMUNITY


HOST REGIONAL LEADERSHIP TRAINING COHORT FOR EMERGING LEADERS IN BUSINESS AND NONPROFITS


HIBBING BEAUTIFICATION: MEMBERS DONATE FOR HANGING FLOWER BASKETS TO REVITALIZE DOWNTOWN HIBBING


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Board, Officers & Key Employees

Name (title)Compensation
Aaron Baudeck
Board Member
$0
Krystal Glad
Board Member
$0
Joe Fattici
Board Member
$0
Taylor Slattery
Board Member
$0
Holly Minne
Board Member
$0
Kristina Clement
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$135,342
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$135,342
Total Program Service Revenue$48,505
Investment income $68
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $48,082
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $246,732

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