Monticello Chamber Of Commerce And Industry

Organization Overview

Monticello Chamber Of Commerce And Industry is located in Monticello, MN. The organization was established in 1992. 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 12/2021, Monticello Chamber Of Commerce And Industry employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Monticello Chamber Of Commerce And Industry 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, Monticello Chamber Of Commerce And Industry generated $174.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $112.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3

PROMOTE ECONOMIC & COMMUNITY DEVELOPMENT. ENCOURAGE GROWTH OF EXISTING BUSINESSES WHILE ASSISTING BUSINESSES SEEKING TO LOCATE IN THE MONTICELLO AREA. SUPPORT ACTIVITIES BENEFICIAL TO THE COMMUNITY.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$11,000
Total Program Service Revenue$8,207
Membership dues$76,062
Investment income $203
Gain or Loss$0
Net Income from Gaming & Fundraising$43,643
Other Revenue$34,955
Total Revenue$174,070

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