Apple Valley Area Chamber Of Commerce Inc

Organization Overview

Apple Valley Area Chamber Of Commerce Inc is located in Apple Valley, 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, Apple Valley Area Chamber Of Commerce Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Apple Valley Area 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 12/2022, Apple Valley Area Chamber Of Commerce Inc generated $343.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $314.3k during the year ending 12/2022. While expenses have increased by 3.5% per year over the past 8 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

TO PROMOTE BUSINESS DEVELOPMENT AND PROGRESS IN APPLE VALLEY, MN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE APPLE VALLEY CHAMBER IS A STRONG ADVOCATE FOR PROMOTING THE INTERESTS OF LOCAL BUSINESSES. THEY ORGANIZE NETWORKING EVENTS AND PARTICIPATE IN MARKETING EFFORTS, SUCH AS ADVERTISING ON BILLBOARDS, NEWSPAPER AND THE WEB. PROMOTIONAL EFFORTS ALSO INCLUDE A TOURISM VISITOR CENTER, NEW BUSINESS RECOGNITION AND NEW RESIDENTS INTRODUCTION TO THE LOCAL BUSINESSES IN APPLE VALLEY MAPS AND BUSINESS DIRECTORY.


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Board, Officers & Key Employees

Name (title)Compensation
Thomas Robak
Past Board Chair
$0
Kiersten Lawson
Vice Chair
$0
Vince Gibbs
Director
$0
Scott Kadrlik
Director
$0
Ryan Mcgunnigle
Director
$0
Jim Paul
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$57,682
Fundraising events$0
Related organizations$0
Government grants $69,410
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$127,092
Total Program Service Revenue$119,035
Investment income $126
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $97,099
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $343,871

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