Minnesota Chamber Of Commerce Executives
- Assets
- $220.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- St Paul, MN
- Founding
- 08/1942
- Data as of
- 12/2023
- EIN
- 41-6037491
Organization Overview
Minnesota Chamber Of Commerce Executives is located in St Paul, MN. The organization was established in 1942. 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. Minnesota Chamber Of Commerce Executives 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 12/2023, Minnesota Chamber Of Commerce Executives generated $110.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $118.6k during the year ending 12/2023. While expenses have increased by 7.5% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE MINNESOTA CHAMBER OF COMMERCE EXECUTIVES (MCCE) IS THE STATEWIDE PROFESSIONAL ASSOCIATION FOR THE CHAMBER OF COMMERCE LEADERS IN MINNESOTA. WITH MORE THAN 130 LOCAL CHAMBER MEMBERS, MCCE IS KNOWN ACROSS THE COUNTRY FOR OFFERING SOME OF THE FINEST TRAINING AND LEADERSHIP DEVELOPMENT OPPORTUNITIES. THREE CONFERENCES ARE HELD IN EACH TO PROVIDE PROFESSIONAL DEVELOPMENT AND NETWORKING FOR INDUSTRY PEERS. THEY INCLUDE ANNUAL MEETING, SUMMER REFRESH, AND FALL CONFERENCE. SCHOLARSHIPS AND GRANTS ARE PROVIDED TO LOCAL CHAMBER ORGANIZATIONS TO SUPPORT EXECUTIVE EDUCATION AND INTERNSHIPS. IN 2023, 13 SCHOLARSHIPS WERE AWARDED, TWO INTERNSHIP GRANTS FOR LOCAL CHAMBERS, AND GRANTS FOR ONE DOZEN NEW EXECUTIVES TO PARTICIPATE IN THE EXECUTIVE LEADERSHIP PROGRAM. ADDITIONALLY, THE ORGANIZATION PROVIDES ORIENTATION TO NEW INDUSTRY EXECUTIVES, BOARD TRAINING AND DEVELOPMENT, AND OFFERS AN ARRAY OF RESOURCES. MCCE ALSO CONTINUES TO PROVIDE MENTORSHIP TO NEW EXECUTIVES DURING THEIR FIRST YEAR OF PROFESSIONAL SERVICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristy Barse Chair | 1 | $0 | |
Tara Bitzan Board Director | 1 | $0 | |
Robin Anthony Board Director | 1 | $0 | |
Nort Johnson Board Director | 1 | $0 | |
Michelle Larson Board Director | 1 | $0 | |
Matt Baumgartner Board Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,115 |
| Total Program Service Revenue | $67,030 |
| Membership dues | $33,800 |
| Investment income | $38 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,100 |
| Total Revenue | $110,083 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,205 |
| Occupancy, rent, utilities, and maintenance | $2,500 |
| Printing, publications, postage, and shipping | $1,365 |
| Other expenses | $106,774 |
| Total expenses | $118,636 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $141,187 |
| Other assets | $0 |
| Total assets | $220,893 |
| Total liabilities | $72,675 |
| Net assets or fund balances | $148,218 |