Delano Area Chamber Of Commerce Inc
- Assets
- $58.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Delano, MN
- Founding
- Data as of
- 12/2023
- EIN
- 41-1812712
Organization Overview
Delano Area Chamber Of Commerce Inc is located in Delano, MN. 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. Delano Area Chamber Of Commerce Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Delano Area Chamber Of Commerce Inc generated $110.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 22.4% each year . All expenses for the organization totaled $107.2k during the year ending 12/2023. While expenses have increased by 21.4% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heidi Goldbeck President | 1 | $0 | |
Heather Bahn Vice Preside | 1 | $0 | |
Tom Screeden Treasurer | 1 | $0 | |
Laurie Schaust Secretary | 1 | $0 | |
Josh Gehlen Past Preside | 1 | $0 | |
Brad Goldbeck Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $897 |
| Total Program Service Revenue | $61,246 |
| Membership dues | $47,746 |
| Investment income | $934 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $110,823 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $34,486 |
| Professional fees and other payments to independent contractors | $1,729 |
| Occupancy, rent, utilities, and maintenance | $8,400 |
| Printing, publications, postage, and shipping | $362 |
| Other expenses | $62,218 |
| Total expenses | $107,195 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,977 |
| Other assets | $0 |
| Total assets | $57,977 |
| Total liabilities | $1,328 |
| Net assets or fund balances | $56,649 |