Baudette Chamber Of Commerce is located in Baudette, MN. The organization was established in 2005. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baudette 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, Baudette Chamber Of Commerce generated $66.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $47.4k during the year ending 12/2022. While expenses have increased by 2.8% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROMOTE TOURISM IN LOW/BAUDETTE AREA
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Erica Anderson President | 1 | $0 | |
Brittany Peterson Vice-President | 1 | $0 | |
Lindsay Nerland Treasurer | 1 | $0 | |
Rachel Krohn Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $52,655 |
Membership dues | $13,875 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $66,530 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $2,141 |
Occupancy, rent, utilities, and maintenance | $1,505 |
Printing, publications, postage, and shipping | $514 |
Other expenses | $43,289 |
Total expenses | $47,449 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $164,206 |
Other assets | $0 |
Total assets | $166,210 |
Total liabilities | $0 |
Net assets or fund balances | $166,210 |
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