Hermantown Chamber Of Commerce

Organization Overview

Hermantown Chamber Of Commerce is located in Hermantown, MN. The organization was established in 2000. 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. Hermantown 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, Hermantown Chamber Of Commerce generated $134.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $180.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3

GENERAL CHAMBER OF COMMERCE ACTIVITIES, PROMOTION OF CITY AND COUNTY, AND SUPPORT OF INDUSTRIAL DEVELOPMENT.


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Board, Officers & Key Employees

Name (title)Compensation
Phil Johnson
Vice Chair
$0
Micki Wojtysiak
Treasurer
$0
Nicole Karnowski
Secretary
$0
Kristin Reinsch
Board
$0
Kimberly Parmeter
President/ce
$66,250
Tom Werner
Board
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$7,931
Total Program Service Revenue$14,935
Membership dues$83,860
Investment income $348
Gain or Loss$0
Net Income from Gaming & Fundraising$26,900
Other Revenue$0
Total Revenue$133,974

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