Park Rapids Lakes Area Chamber Of Commerce

Organization Overview

Park Rapids Lakes Area Chamber Of Commerce is located in Park Rapids, MN. The organization was established in 1982. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Park Rapids Lakes Area Chamber Of Commerce employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Park Rapids Lakes 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, Park Rapids Lakes Area Chamber Of Commerce generated $454.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $384.3k during the year ending 12/2022. While expenses have increased by 4.2% per year over the past 5 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE CHAMBER ENGAGES ITS MEMBERS IN THE PURSUIT OF EXCELLENCE AND ECONOMIC GROWTH BY FOSTERING AN INNOVATIVE BUSINESS ENVIRONMENT AND WORLD-CLASS COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OTHER - THE ORGANIZATION IS A MEMBERSHIP ORGANIZATION. THE INCOME AND EXPENSES ARE RELATED TO MEMBERSHIP DUES.


PRODUCTION OF AN AREA VACATION GUIDE AND ADVERTISING FOR AREA WHICH PROMOTES HOSTING OF SPECIAL EVENTS, INCLUDING A USXC RACE AND THE LEGENDS AND LOGGING EVENT.


PROVIDING ADVERTISING FOR AREA BUSINESSES ON THE WEBSITE, PRINT AND RADIO.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $6,300
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$6,300
Total Program Service Revenue$448,018
Investment income $216
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 $454,534

Peer Organizations

Organization NameAssets
Statewide Energy Efficiency Andrenewables Administration Inc
Lacrosse, WI
$101,983,271
Association Of Equipment Manufacturers
Milwaukee, WI
$87,247,791
Iowa Soybean Association
Ankeny, IA
$53,121,070
North Central States Regional Council Of Carpenters
St Paul, WI
$44,779,448
International Foundation Of Employee Benefit Plans Inc
Brookfield, WI
$31,544,284
Society Of Corporate Compliance And Ethics & Health Care Compliance
Eden Prairie, MN
$22,531,032
Saint Paul Rivercentre Convention And Visitors Authority
St Paul, MN
$19,250,327
Minnesota Hospital Association
Saint Paul, MN
$16,743,447
National Association Of Tax Professionals Inc
Appleton, WI
$12,458,329
Asqexcellence Inc
Milwaukee, WI
$11,416,892
National Funeral Directors Association Of The United States I
Brookfield, WI
$9,731,378
Aca International
Eagan, MN
$9,045,221
International Dairy-Deli-Bakery Association
Madison, WI
$9,155,747
Minneapolis Downtown Improvement District
Minneapolis, MN
$8,197,330
Greater Des Moines Partnership
Des Moines, IA
$8,582,426
Minnesota Chamber Of Commerce And Industry
St Paul, MN
$6,794,853
Minnesota Association Of Professional Employees Mape
Shoreview, MN
$4,287,190
Mra Institute Of Management Inc
Waukesha, WI
$7,878,708
The Registry Inc
Fitchburg, WI
$6,773,862
Metropolitan Milwaukee Association Of Commerce
Milwaukee, WI
$8,001,819
Bloomington Convention And Visitors Bureau
Bloomington, MN
$6,058,251
Lignite Energy Council
Bismarck, ND
$5,232,846
Wisconsin Bankers Association
Madison, WI
$6,098,518
Merchant Advisory Group
Minneapolis, MN
$5,243,279
Minnesota Business Partnership Inc
Minneapolis, MN
$5,236,296

Create an account to unlock the data you need.

or