Cuyuna Lakes Chamber Of Commerce
- Assets
- $117.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Crosby, MN
- Founding
- 07/1992
- Data as of
- 12/2021
- 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 12/2021, Cuyuna Lakes Chamber Of Commerce generated $182.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $185.7k during the year ending 12/2021. While expenses have increased by 8.0% per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
PROMOTE BUSINESS, PROFESSIONAL, EDUCATIONAL AND COMMUNITY GROWTH; ENCOURAGE AND PROMOTE TOURISM; REPRESENT AND INFORM MEMBERSHIP ON AFFAIRS THAT IMPACT THE AREA; SUPPORT CIVIC, SOCIAL AND CULTURAL ACTIVITIES; COMMUNICATE WITH NEIGHBORING COMMUNITIES TO ENHANCE EFFECTIVENESS OF EVENTS THROUGHT THE AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Martin President | 5 | $0 | |
Katrina Rutz Vice Preside | 1 | $0 | |
Ted Abear Treasurer | 2 | $0 | |
Stacy Powers Director | 1 | $0 | |
Dan Goshey Director | 1 | $0 | |
Shane Holmin Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,675 |
| Total Program Service Revenue | $116,433 |
| Membership dues | $36,694 |
| Investment income | $178 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$15 |
| Other Revenue | $25,175 |
| Total Revenue | $182,140 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $65,937 |
| Professional fees and other payments to independent contractors | $2,293 |
| Occupancy, rent, utilities, and maintenance | $2,706 |
| Printing, publications, postage, and shipping | $270 |
| Other expenses | $114,478 |
| Total expenses | $185,684 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $113,213 |
| Other assets | $0 |
| Total assets | $117,349 |
| Total liabilities | $2,530 |
| Net assets or fund balances | $114,819 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Peoples Cooperative Services Oronoco, MN | $177,535,847 | $51,884,380 |
Benedictine Living Community Owatonna Minneapolis, MN | $16,154,920 | $11,439,984 |
Greater Milwaukee Convention & Visitors Bureau Inc Milwaukee, WI | $13,303,680 | $5,924,757 |
Rochester Mn Convention & Visitors Bureau Rochester, MN | $3,813,150 | $6,781,864 |
Builders Association Of The Twin Cities Roseville, MN | $16,664,252 | $7,996,813 |
St Paul Area Board Of Realtors Inc Multiple Listing Service St Paul, MN | $14,704,848 | $6,091,315 |
Better Business Bureau Of Minnesota Inc Burnsville, MN | $5,220,297 | $4,952,353 |
Minnesota Association Of Realtors Minnetonka, MN | $10,479,384 | $5,202,086 |
Greater Minneapolis Chamber Of Commerce Minneapolis, MN | $1,657,296 | $4,628,639 |
Door County Visitor Bureau Inc Sturgeon Bay, WI | $5,249,260 | $5,589,683 |
Greater Des Moines Convention And Visitors Bureau Inc Des Moines, IA | $2,863,787 | $3,767,003 |
Iowa Association Of Realtors West Des Moines, IA | $6,111,442 | $3,764,514 |