Cuyuna Lakes Chamber Of Commerce
- Assets
- $87.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Crosby, MN
- Founding
- 07/1992
- Data as of
- 12/2023
- EIN
- 41-1712864
Organization Overview
Cuyuna Lakes Chamber Of Commerce is located in Crosby, MN. The organization was established in 1992. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, 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. Cuyuna Lakes 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 12/2023, Cuyuna Lakes Chamber Of Commerce generated $174.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $187.5k during the year ending 12/2023. While expenses have increased by 6.3% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROMOTE BUSINESS,PROFESSIONAL,EDUCATIONAL,COMMUNITY GROWTH; ENCOURAGE AND PROMOTE TOURISM; REPRESENT,INFORM MEMBERSHIP ON AFFAIRS THAT IMPACT THE AREA; SUPPORT CIVIC, SOCIAL, CULTURAL ACTIVITIES; COMMUNICATE WITH NEIGH- BORING COMMUNITIES TO ENHANCE EFFECTIVENESS OF EVENTS THROUGH THE AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Roberts President | 5 | $0 | |
Jennifer Podsiadly Vice Preside | 1 | $0 | |
Madelyn Herold Treasurer | 2 | $0 | |
Shane Holmin Director | 1 | $0 | |
Tom Martin Director | 1 | $0 | |
Dan Goshey Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,900 |
| Total Program Service Revenue | $103,019 |
| Membership dues | $51,205 |
| Investment income | $1,679 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $9,341 |
| Total Revenue | $174,144 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $95,547 |
| Professional fees and other payments to independent contractors | $2,586 |
| Occupancy, rent, utilities, and maintenance | $660 |
| Printing, publications, postage, and shipping | $577 |
| Other expenses | $88,170 |
| Total expenses | $187,540 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $87,181 |
| Other assets | $0 |
| Total assets | $87,606 |
| Total liabilities | $1,848 |
| Net assets or fund balances | $85,758 |