St Cloud Chamber Of Commerce Inc

Organization Overview

St Cloud Chamber Of Commerce Inc is located in St Cloud, MN. The organization was established in 1944. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 08/2023, St Cloud Chamber Of Commerce Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. St Cloud Chamber Of Commerce Inc 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 08/2023, St Cloud Chamber Of Commerce Inc generated $1.7m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $1.7m during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 8 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

THE ST CLOUD AREA CHAMBER OF COMMERCE IS THE PREMIER REPRESENTATIVE OF THE BUSINESS COMMUNITY. SUPPORTED AND LED BY MEMBERS AND PROFESSIONAL STAFF, WE CREATE, ENHANCE AND SUPPORT A HEALTHY BUSINESS ENVIRONMENT FOR OUR MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ST CLOUD AREA CHAMBER OF COMMERCE IS A REGIONAL MEMBERSHIP ORGANIZATION MADE UP OF DIVERSE BUSINESSES. WE INCREASE BUSINESS CONTACTS, PROVIDE PROFESSIONAL DEVELOPMENT, AND PROVIDE LEADERSHIP AND INFORMATION ON LOCAL, STATE, AND NATIONAL BUSINESS ISSUES.


DURING OUR FISCAL YEAR ENDING 8-31-2023, THE CHAMBER OF COMMERCE SUCCESSFULLY HELD 7 SPECIAL EVENTS WITH THOUSANDS IN ATTENDANCE AS WELL AS 12 SAUK RAPIDS AND 12 WAITE PARK CHAMBER MEETINGS, 46 CHAMBER CONNECTION NETWORKING MEETINGS, 12 BUSINESS AFTER HOURS NETWORKING EVENTS, A 6-WEEK SUPERVISOR DEVELOPMENT PROGRAM, 9-MONTH LEADERSHIP PROGRAM, 12 NEXT EMERGING LEADERS NETWORKING LUNCHES, 12 NEW MEMBER MIXERS, 12+ GOVERNMENT AFFAIRS EVENTS INCLUDING A TRIP TO WASHINGTON, D.C., 10 LUNCHTIME LEARNING PROFESSIONAL DEVELOPMENT SEMINARS, DEI SUMMIT, PLUS MANY OTHER OPPORTUNITIES FOR MEMBERS TO CONNECT, LEARN AND GROW. EACH INITIATIVE IS CONDUCTED BY A TALENTED STAFF ALONG WITH OVER 20 DIFFERENT VOLUNTEER COMMITTEES MADE UP OF MEMBERS WHO SHARE THEIR TIME AND TALENTS TO ENSURE THAT THE CHAMBER CONTINUES TO BE AN EFFECTIVE RESOURCE FOR BUSINESSES IN CENTRAL MINNESOTA AND BEYOND.


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Board, Officers & Key Employees

Name (title)Compensation
Kevin Johnson
Chair
$0
Tanja Goering
Vice Chair
$0
Bernie Perryman
Past Chair
$0
Joe Hellie
Director
$0
Ron Brandenburg
Director
$0
Doug Cook
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$758,019
Fundraising events$0
Related organizations$0
Government grants $575,940
All other contributions, gifts, grants, and similar amounts not included above$7,613
Noncash contributions included in lines 1a–1f $7,613
Total Revenue from Contributions, Gifts, Grants & Similar$1,341,572
Total Program Service Revenue$343,791
Investment income $1,704
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$3,744
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $40
Miscellaneous Revenue$0
Total Revenue $1,683,363

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