Saint Paul Area Chamber Of Commerce
- Assets
- $1.9m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 27
- Location
- St Paul, MN
- Founding
- 10/1960
- Data as of
- 12/2023
- EIN
- 41-0518490
Organization Overview
Saint Paul Area Chamber Of Commerce is located in St Paul, MN. The organization was established in 1960. 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 12/2023, Saint Paul Area Chamber Of Commerce employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Saint Paul 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 12/2023, Saint Paul Area Chamber Of Commerce generated $2.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $2.7m during the year ending 12/2023. While expenses have increased by 6.0% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE A BOLD VOICE FOR BUSINESS ACROSS THE SAINT PAUL/EAST METRO
Describe the Organization's Program Activity:
Part 3 - Line 4a
EVENTS: WE HOST NEARLY 100 EVENTS EACH YEAR, DRAWING A LARGE CROWD OF BUSINESS PROFESSIONALS. OUR DIVERSE SELECTIONS OF EVENTS PROVIDE MEMBERS WITH A FORUM FOR DISCUSSION, DEBATE, AND NETWORKING IN A FUN AND ENGAGING ATMOSPHERE. OUR GOAL IS TO CREATE A PLATFORM FOR BUSINESS CONNECTIONS, PROFESSIONAL DEVELOPMENT, AND COMMUNITY INVOLVEMENT.
MARKETING & COMMUNICATIONS: THROUGH STRATEGIC MARKETING CAMPAIGNS AND HEAVILY WEB-BASED INITIATIVES, WE GENERATE AWARENESS OF YOUR BUSINESS, PROVIDE QUANTITATIVE RESULTS, AND ULTIMATELY INCREASE YOUR ROI.WEBSITE: SHOWCASE YOUR COMPANY ON THE CHAMBER'S WEBSITE FOR A FRACTION OF WHAT OTHER FORMS OF ADVERTISING MIGHT COST. OUR WEBSITE RECEIVES ON AVERAGE 5,000 HITS PER MONTH. FRIDAY FACTS & ACCESS: GAIN EXPOSURE OF YOUR BUSINESS BY REACHING OVER 13,000 PROFESSIONALS FROM OUR SAINT PAUL/EAST METRO BUSINESS COMMUNITY AS A SPONSOR OF OUR WEEKLY E-NEWSLETTERS.SOCIAL MEDIA: WE STIMULATE MEMBER DIALOGUE AND BUSINESS CONNECTIONS TO A GROUP OF MORE THAN 3,000 MEMBERS THROUGH SEVERAL SOCIAL MEDIA AND NETWORKING SITES.TRANSPORTATION & PUBLIC AFFAIRS: WE ADDRESS IMPORTANT ISSUES IN TRANSPORTATION AND PUBLIC POLICY THAT AFFECT BUSINESSES IN THE SAINT PAUL / EAST METRO AREA.
MEMBERSHIP: WE CREATE A PLATFORM FOR COMPANIES LARGE AND SMALL TO DEVELOP PROFESSIONALLY, BECOME POLITICALLY AND PHILANTHROPICALLY INVOLVED, AND TO BUILD RELATIONSHIPS WITH OTHER MEMBERS OF THE LOCAL BUSINESS COMMUNITY.SPACC SAVINGS: MEMBERS CAN CREATE AND EXCHANGE EXCLUSIVE DISCOUNTS WITH ONLINE VISITORS TO THE CHAMBER WEBSITE. USE YOUR MEMBER USERNAME AND LOGIN TO CREATE THESE SPECIAL OFFERS AND SEE AN IMMEDIATE RETURN ON YOUR MEMBER INVESTMENT!CERTIFICATES OF ORIGIN: WE OFFER OUR MEMBERS CERTIFICATES OF ORIGIN SERVICES. THESE CERTIFICATES ARE NEEDED WHENEVER PRODUCTS MADE IN THE UNITED STATES ARE SHIPPED OVERSEAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kyle Brenda President/ceo | OfficerTrustee | 40 | $260,124 |
Spencer Joe Director | Trustee | 0.5 | $158,198 |
Drew Duchesne Chair | OfficerTrustee | 1 | $0 |
Droege Marcia Vice Chair | OfficerTrustee | 1 | $0 |
Rynda Scott Treasurer | OfficerTrustee | 1 | $0 |
Schwartz Tony Ambassador Chair | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| 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 | $0 |
| Total Program Service Revenue | $2,431,760 |
| Investment income | $33,082 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,466,180 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $474,717 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $966,977 |
| Pension plan accruals and contributions | $49,692 |
| Other employee benefits | $19,704 |
| Payroll taxes | $100,126 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $78,821 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $208,024 |
| Advertising and promotion | $53,202 |
| Office expenses | $36,869 |
| Information technology | $60,457 |
| Royalties | $0 |
| Occupancy | $146,198 |
| Travel | $16,970 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,229 |
| Interest | $1,223 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,619 |
| Insurance | $33,794 |
| All other expenses | $102,477 |
| Total functional expenses | $2,698,543 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $172,644 |
| Savings and temporary cash investments | $1,280,180 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $115,344 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $42,187 |
| Net Land, buildings, and equipment | $101,497 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $176,892 |
| Total assets | $1,888,744 |
| Accounts payable and accrued expenses | $79,498 |
| Grants payable | $0 |
| Deferred revenue | $330,055 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $218,091 |
| Total liabilities | $627,644 |
| Net assets without donor restrictions | $1,174,020 |
| Net assets with donor restrictions | $87,080 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,888,744 |