Yankton Chamber Of Commerce

Organization Overview

Yankton Chamber Of Commerce is located in Yankton, SD. The organization was established in 1973. 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 12/2020, Yankton Chamber Of Commerce employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yankton 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 12/2020, Yankton Chamber Of Commerce generated $639.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $628.8k during the year ending 12/2020. While expenses have increased by 1.7% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE LEADERSHIP FOR ENHANCING ECONOMIC OPPORTUNITIES THAT WILL CREATE VALUE FOR THE MEMBERSHIP AND THE YANKTON SOUTH DAKOTA AREA

Describe the Organization's Program Activity:

Part 3 - Line 4a

ORGANIZATION CONTRACTS WITH THE CITY OF YANKTON TO PROMOTE TOURISM FOR THE YANKTON,SD AREA.


THE ORGANIZATION SUPPORTS MEMBER SERVICE ACTIVITIES FOR THE YANKTON, SD BUSINESS COMMUNITY. DURING THE CURRENT YEAR, THE CHAMBER HAD 517 MEMBERS FROM APPROXIMATELY 900 BUSINESSES ELIGIBLE FOR MEMEBERSHIP. ACTIVE COMMITTEES INCLUDED: AGRI BUSINESS, AMBASSADORS, BUSINESS DEVELOPMENT, COMMUNITY HEALTH & SAFETY, EDUCATION, GOVERNMENTAL AFFAIRS, TRANSPORTATION, AND LEADERSHIP YANKTON.


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Board, Officers & Key Employees

Name (title)Compensation
Carmen Schramm
Director Of
$69,215
Cheryl Beck
Secretary/tr
$0
Ashli Danilko
Vice Preside
$0
James Grotenhuis
President
$0
Shawn Brock
Director
$0
Dave Gillies
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $67,619
All other contributions, gifts, grants, and similar amounts not included above$31,034
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$98,653
Total Program Service Revenue$540,868
Investment income $358
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $639,879

Grants Awarded

Over the last fiscal year, Yankton Chamber Of Commerce has awarded $14,000 in support to 2 organizations.

Grant RecipientAmount

SOUTH DAKOTA STATE UNIVERSITY

PURPOSE: SCHOLARSHIPS

$7,000

UNIVERSITY OF NEBRASKA

PURPOSE: SCHOLARSHIPS

$7,000
View Grant Profile

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