Wadena Chamber Of Commerce
- Assets
- $74.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wadena, MN
- Founding
- 04/1945
- Data as of
- 12/2022
- EIN
- 41-0639126
Organization Overview
Wadena Chamber Of Commerce is located in Wadena, MN. The organization was established in 1945. 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. Wadena 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 12/2022, Wadena Chamber Of Commerce generated $91.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $49.6k 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
WE ARE PARTNERS IN THE SUCCESS OF OUR BUSINESSES AND OUR MEMBERS. WORKING TO PROMOTEAND ATTRACT BUSINESS AND COMMERCE TO THE WADENA AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katie Kaufman Treasurer | 2 | $0 | |
Renee Frethem Vice President | 2 | $0 | |
Dana Cantleberry Executive Dir. | 40 | $0 | |
Jesse Gibbs Director | 0 | $0 | |
Kent Schmidt Director | 2 | $0 | |
Joe Randall President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,225 |
| Total Program Service Revenue | $14,038 |
| Membership dues | $38,107 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,606 |
| Other Revenue | $0 |
| Total Revenue | $90,976 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $27,011 |
| Professional fees and other payments to independent contractors | $1,680 |
| Occupancy, rent, utilities, and maintenance | $11,858 |
| Printing, publications, postage, and shipping | $626 |
| Other expenses | $8,454 |
| Total expenses | $49,629 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $74,249 |
| Other assets | $0 |
| Total assets | $74,249 |
| Total liabilities | $0 |
| Net assets or fund balances | $74,249 |