Chamber Trust is located in Faribault, MN. The organization was established in 1999. According to its NTEE Classification (W70) the organization is classified as: Leadership Development, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chamber Trust 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 12/2022, Chamber Trust generated $102.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 18.8% each year . All expenses for the organization totaled $33.0k during the year ending 12/2022. 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
THE CHAMBER TRUST UNITES FARIBAULT AREA CHAMBER OF COMMERCE PROGRAMS WITH WIDESPREAD RESOURCES FOR ENHANCED RESULTS IN EDUCATION, WORKFORCE AND COMMUNITY (CONTINUED ON SCHEDULE O)
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nort Johnson Chair | 5 | $0 | |
Dave Green Director | 1 | $0 | |
Suzanne Terry Director | 1 | $0 | |
Mathew Carlander Director | 1 | $0 | |
Casie Steeves Secretarytreasurer | 5 | $0 | |
Edel Rernandez Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $84,120 |
Total Program Service Revenue | $17,890 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $102,010 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $32,997 |
Total expenses | $32,997 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $9,235 |
Other assets | $0 |
Total assets | $99,608 |
Total liabilities | $0 |
Net assets or fund balances | $99,608 |