Greater North Dakota Chamber Of Commerce

Organization Overview

Greater North Dakota Chamber Of Commerce is located in Bismarck, ND. The organization was established in 1979. 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. As of 09/2022, Greater North Dakota Chamber Of Commerce employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater North Dakota 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 09/2022, Greater North Dakota Chamber Of Commerce generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $905.2k during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE GREATER NORTH DAKOTA CHAMBER OF COMMERCE WORKS ON BEHALF OF OUR MEMBERS TO ADVOCATE FOR A POSITIVE BUSINESS CLIMATE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MEMBER SERVICES - TO KEEP MEMBERS INFORMED ON ISSUES THAT MAY AFFECT THEIR BUSINESS THROUGH COMMUNICATIONS INCLUDE E-NEWSLETTERS, A QUARTERLY MAGAZINE, ISSUE ALERTS AND A VARIETY OF EVENTS. SERVING APPROXIMATELY 900 MEMBERS ACROSS NORTH DAKOTA. EXPENSES LISTED ARE DIRECT COSTS ONLY AND DO INCLUDE ANY ALLOCATION OF STAFF COSTS TO RUN THE EVENTS.


PUBLIC POLICY - TO BE AN ADVOCATE FOR NORTH DAKOTA BUSINESSES BY ADVOCATING ON STATE AND FEDERAL LEGISLATION AND REGULATORY ISSUES TO MAKE NORTH DAKOTA A COMPETITIVE PLACE TO DO BUSINESS. SERVING APPROXIMATELY 900 MEMBERS ACROSS NORTH DAKOTA. EXPENSES LISTED ARE DIRECT COSTS ONLY AND DO INCLUDE ANY ALLOCATION OF STAFF COSTS TO RUN THE EVENTS.


MEETINGS AND SPECIAL EVENTS INCLUDING CEO ROUNDTABLE, MANUFACTURING DAY, CHAMBER DAY EVENTS TO ENGAGE MEMBERS IN SPECIAL AREAS AND SHARE IDEAS AND EXPERIENCES AMONG BUSINESS MEMBERS. EXPENSES LISTED ARE DIRECT COSTS ONLY AND DO INCLUDE ANY ALLOCATION OF STAFF COSTS TO RUN THE EVENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Arik Spencer
President & CEO
$144,338
Josh Demorrett
Chairman
$0
Nick Hacker
Chair-Elect
$0
Vaune Johnson
Finance Chair
$0
John Oncken
Exec Comm
$0
Peter Rackov
Past Chair
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Odney Advertising
Advertising Campaign
$1,279,229
Redwave Communications Llc
Advertising Campaign
$107,193
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $88,600
All other contributions, gifts, grants, and similar amounts not included above$204,432
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$293,032
Total Program Service Revenue$804,383
Investment income $2,094
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$737
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,099,110

Grants Awarded

Over the last fiscal year, Greater North Dakota Chamber Of Commerce has awarded $50,000 in support to 2 organizations.

Grant RecipientAmount

BIGHTER FUTURE ALLIANCE

Org PageRecipient Profile

Bismarck, ND

PURPOSE: ORGANIZATION SUPPORT

$35,000

OFFICE OF THE GOVERNOR OF ND

PURPOSE: SUPPORT FOR EVENT

$15,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Greater North Dakota Chamber Of Commerce has recieved totaling $10,000.

Awarding OrganizationAmount
Sanford

Sioux Falls, SD

PURPOSE: ECONOMIC DEVELOPMENT

$10,000
View Grant Recipient Profile

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