Monticello Chamber Of Commerce And Industry

Organization Overview

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 12/2023, 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 12/2023, Monticello Chamber Of Commerce And Industry generated $223.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $237.2k during the year ending 12/2023. While expenses have increased by 3.0% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

ECONOMIC & COMMUNITY DEVELOPMENT

Describe the Organization's Program Activity:

Part 3 - Line 4a

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.


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Board, Officers & Key Employees

Name (title)Compensation
Marcy Anderson
Director
$76,178
Debra Meyer
Assistant Director
$61,894
Liz Calpas
Board Member
$0
Laura Dahlheimer
Board Member
$0
Cory Ritter
Treasurer
$0
Tara Thurber
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$107,559
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$107,559
Total Program Service Revenue$59,351
Investment income $1,155
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $55,221
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $223,286

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