Alexandria Chamber Of Commerce Inc
- Assets
- $789.2k
- Revenue
- $377.1k
- Investments
- $0.0
- Employees
- 6
- Location
- Alexandria, MN
- Founding
- 06/1945
- Data as of
- 12/2021
- EIN
- 41-0185545
Organization Overview
Alexandria Chamber Of Commerce Inc is located in Alexandria, MN. The organization was established in 1945. As of 12/2021, Alexandria Chamber Of Commerce Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alexandria Chamber Of Commerce Inc 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 12/2021, Alexandria Chamber Of Commerce Inc generated $377.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $301.3k during the year ending 12/2021. While expenses have increased by 0.9% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE COMMERCE & INDUSTRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHAMBER SERVICES THE ALEXANDRIA AREA BUSINESS COMMUNITY BY PROMOTING COMMERCE & INDUSTRY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tara Bitzan Executive Di | OfficerTrustee | 40 | $81,220 |
Craig Buysse Board Member | Trustee | 0.75 | $0 |
Lynn Jenc President | Trustee | 1.5 | $0 |
David Kent Board Member | Trustee | 0.75 | $0 |
Brad Lenertz Board Member | Trustee | 0.75 | $0 |
Kelly Jenzen Board Member | Trustee | 0.75 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $260,157 |
| Investment income | $4,150 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $21,844 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $377,081 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $81,220 |
| Compensation of current officers, directors, key employees. | $81,220 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $93,220 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,748 |
| Payroll taxes | $14,361 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,085 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,548 |
| Office expenses | $3,053 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,000 |
| Travel | $1,599 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,079 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,284 |
| Insurance | $5,458 |
| All other expenses | $25,659 |
| Total functional expenses | $301,327 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $309,742 |
| Savings and temporary cash investments | $428,751 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,422 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,881 |
| Net Land, buildings, and equipment | $41,403 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $789,199 |
| Accounts payable and accrued expenses | $113,031 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $249,376 |
| Total liabilities | $362,407 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $426,792 |
| Total liabilities and net assets/fund balances | $789,199 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Alexandria Chamber Of Commerce Inc has recieved totaling $26,050.
| Awarding Organization | Amount |
|---|---|
National Industries For The Blind Alexandria, VA PURPOSE: BUSINESS DEVELOPMENT | $10,000 |
National Industries For The Blind Alexandria, VA PURPOSE: BUSINESS DEVELOPMENT | $10,000 |
West Central Initiative Fergus Falls, MN PURPOSE: LEADERSHIP FELLOWSHIP | $6,050 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Statewide Energy Efficiency Andrenewables Administration Inc Madison, WI | $63,794,129 | $99,926,553 |
Metropolitan Entertainment & Omaha, NE | $158,635,208 | $95,451,675 |
Rotary International Evanston, IL | $194,654,881 | $96,362,213 |
Information Systems Audit And Control Association Inc Schaumburg, IL | $168,414,298 | $101,751,321 |
International Code Council Inc Country Club Hills, IL | $173,275,221 | $89,069,791 |
Iff Chicago, IL | $571,089,169 | $81,768,477 |
Spire Credit Union Falcon Heights, MN | $1,948,614,361 | $81,305,193 |
Community Housing Network Inc Troy, MI | $19,015,047 | $57,475,934 |
American Property Casualty Insurance Association Chicago, IL | $156,045,230 | $59,541,606 |
Society Of Manufacturing Engineers Southfield, MI | $77,116,365 | $66,156,404 |
United States Soybean Export Council Inc Chesterfield, MO | $22,345,655 | $54,169,870 |
International Association Of Lions Clubs Oak Brook, IL | $209,434,392 | $68,740,162 |