Monticello Chamber Of Commerce And Industry is located in Monticello, MN. The organization was established in 1992. 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 12/2021, Monticello Chamber Of Commerce And Industry employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Monticello Chamber Of Commerce And Industry 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 12/2021, Monticello Chamber Of Commerce And Industry generated $174.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $112.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROMOTE ECONOMIC & COMMUNITY DEVELOPMENT. ENCOURAGE GROWTH OF EXISTING BUSINESSES WHILE ASSISTING BUSINESSES SEEKING TO LOCATE IN THE MONTICELLO AREA. SUPPORT ACTIVITIES BENEFICIAL TO THE COMMUNITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marcy Anderson Director | 40 | $49,323 | |
Marie Jones Assistant Director | 40 | $11,783 | |
Liz Calpas Chair | 2 | $0 | |
Lisa Luebeck Vice Chair | 1 | $0 | |
Mike Hoff Board Member | 1 | $0 | |
Samantha Kortmansky Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $11,000 |
Total Program Service Revenue | $8,207 |
Membership dues | $76,062 |
Investment income | $203 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $43,643 |
Other Revenue | $34,955 |
Total Revenue | $174,070 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $66,234 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $9,209 |
Printing, publications, postage, and shipping | $501 |
Other expenses | $36,758 |
Total expenses | $112,702 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $182,437 |
Other assets | $0 |
Total assets | $184,153 |
Total liabilities | $2,526 |
Net assets or fund balances | $181,627 |
Organization Name | Assets | Revenue |
---|---|---|
Statewide Energy Efficiency Andrenewables Administration Inc Madison, WI | $63,794,129 | $99,926,553 |
Iowa Soybean Association Ankeny, IA | $41,040,308 | $49,594,198 |
North Central States Regional Council Of Carpenters St Paul, MN | $80,577,529 | $40,138,567 |
Association Of Equipment Manufacturers Milwaukee, WI | $65,690,987 | $35,929,615 |
International Foundation Of Employee Benefit Plans Inc Brookfield, WI | $45,052,685 | $24,056,813 |
Dane Buy Local Foundation Inc Madison, WI | $199,958 | $19,130,759 |
Society Of Corporate Compliance And Ethics & Health Care Compliance Eden Prairie, MN | $30,768,192 | $19,415,043 |
Asqexcellence Inc Milwaukee, WI | $6,648,120 | $11,915,494 |
Saint Paul Rivercentre Convention And Visitors Authority St Paul, MN | $10,775,339 | $12,198,491 |
National Association Of Tax Professionals Inc Appleton, WI | $15,322,195 | $11,606,289 |
Minnesota Hospital Association St Paul, MN | $27,636,744 | $11,552,322 |
International Dairy-Deli-Bakery Association Madison, WI | $22,953,024 | $8,197,084 |