Excelsior-Lake Minnetonka Chamber Of Commerce

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 363557154 ✦ Exceslior, MN ✦ Designated as a 501(c)(6)

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Overview

What is Excelsior-Lake Minnetonka Chamber Of Commerce?

The Excelsior-Lake Minnetonka Chamber of Commerce is a nonprofit organization located in Excelsior, Minnesota. Their primary mission is to promote commerce, retail, and service businesses in the local community, aiming to enhance their prosperity and general welfare. They achieve this by organizing various events throughout the year, such as Luck O' the Lake, Black Gown Gala, Excelsior Art on the Lake, Lake Minnetonka 4th of July, Crazy Days, Apple Days, and the Excelsior-Lake Minnetonka Chamber Golf Tournament. These events attract approximately 13,300 attendees annually, benefiting both local businesses and individual participants. Additionally, the chamber disseminates useful business information to its members, contributing to their growth and success. With a team of three dedicated individuals, the Excelsior-Lake Minnetonka Chamber of Commerce plays a significant role in fostering a thriving business environment in the area.


Official website here: www.excelsior-lakeminnetonkachamber.com

What do the Facebook reviews say about Excelsior-Lake Minnetonka Chamber Of Commerce?

88% of 23 reviewers on Facebook recommend the Excelsior-Lake Minnetonka Chamber of Commerce. Here is a summary of their reviews:

Many users appreciate the organization's efforts in empowering the local economy and fostering a sense of community among businesses. The Chamber is recognized for its role in connecting members and providing valuable resources for economic growth.

Overall, the sentiment indicates that the Chamber effectively delivers on its mission to support local commerce, helping businesses thrive in the area and enhancing the overall business environment.


This AI summary has been generated from reviews found on Facebook.

Is Excelsior-Lake Minnetonka Chamber Of Commerce legitimate?

Excelsior-Lake Minnetonka Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Excelsior-Lake Minnetonka Chamber Of Commerce submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $73,978
Professional Fundraising Fees: $0
Other Salaries and Wages: $53,268

For more financial information, click here


Official website here: www.excelsior-lakeminnetonkachamber.com

What is the mission statement of Excelsior-Lake Minnetonka Chamber Of Commerce?

The Excelsior-Lake Minnetonka Chamber of Commerce has a mission to foster commerce, retail, and service businesses. Their goal is to enhance prosperity and improve the general welfare of the local business community. They also aim to gather and disseminate valuable business information to its members. The chamber organizes various events, such as Luck O' the Lake, Black Gown Gala, Excelsior Art on the Lake, and the chamber golf tournament, among others, to benefit local businesses and attendees. These events, which attracted approximately 13,300 attendees in 2022, are planned and organized by the chamber to support and engage the local business community.


Official website here: www.excelsior-lakeminnetonkachamber.com

Who is the CEO of Excelsior-Lake Minnetonka Chamber Of Commerce?

Reid Nelles is the President of Excelsior-Lake Minnetonka Chamber Of Commerce.


Official website here: www.excelsior-lakeminnetonkachamber.com

What is the revenue of Excelsior-Lake Minnetonka Chamber Of Commerce?

Excelsior-Lake Minnetonka Chamber Of Commerce's revenue in 2022 was $153,116.


Official website here: www.excelsior-lakeminnetonkachamber.com

Who are the executives of Excelsior-Lake Minnetonka Chamber Of Commerce and what are their salaries?

The average compensation at Excelsior-Lake Minnetonka Chamber Of Commerce during 2022 was $42,415. There are 3 employees and 350 volunteers at Excelsior-Lake Minnetonka Chamber Of Commerce.


Here are 12 key members and their salaries:


Tiffany King (Executive Di)
  • Compensation: $73,978
  • Related: $0
  • Other: $0
Reid Nelles (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Morgan Dawley (Past Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Kozikowski (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie Larson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Holds (President El)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Dennis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Denault (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kirby Graff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Keefe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danielle Riley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Ringate (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.excelsior-lakeminnetonkachamber.com

Where can I find the form 990 for Excelsior-Lake Minnetonka Chamber Of Commerce?

Excelsior-Lake Minnetonka Chamber Of Commerce's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.excelsior-lakeminnetonkachamber.com

Learn more at the official website: www.excelsior-lakeminnetonkachamber.com

Mission Statement of Excelsior-Lake Minnetonka Chamber Of Commerce

The Excelsior-Lake Minnetonka Chamber of Commerce is committed to fostering the growth and prosperity of local commerce, retail, and service businesses. Its mission is multifaceted, aiming to advance the general welfare of the business community, acquire and disseminate valuable business information, and ultimately promote the success of these enterprises. The organization takes an active role in planning and organizing various events, such as the Luck O' the Lake, Black Gown Gala, Excelsior Art on the Lake, Lake Minnetonka 4th of July, Crazy Days, Apple Days, and the Excelsior-Lake Minnetonka Chamber Golf Tournament. These events, attended by thousands of local business owners and individuals, provide opportunities for networking, promotion, and mutual benefit for the chamber members and the community at large. The Excelsior-Lake Minnetonka Chamber of Commerce serves as a vital resource for the local business community, offering a platform for connection, information sharing, and collective advancement.

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Impact




October, 2024

The Excelsior-Lake Minnetonka Chamber of Commerce plays a vital role in fostering economic growth and community well-being in the region. By organizing a variety of events, the Chamber directly supports local businesses and helps enhance the visibility of retail and service sectors. In 2022, events such as Luck O' the Lake, the Black Gown Gala, and the Lake Minnetonka 4th of July celebration attracted approximately 13,300 attendees, highlighting the Chamber's ability to draw crowds that benefit both business owners and individual participants.

These gatherings not only promote commerce but also strengthen community ties by bringing residents and visitors together. The Chamber's ongoing commitment to disseminating useful business information allows local entrepreneurs to stay informed about market trends and best practices, contributing to overall prosperity. By championing local enterprises, the Excelsior-Lake Minnetonka Chamber of Commerce ultimately enhances the region's economic landscape and quality of life for its residents.




This information is meant to be a general summary of Excelsior-Lake Minnetonka Chamber Of Commerce. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$153,116 (2022)
Expenses
$172,381 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $2,344
  • Gross Receipts: $460,483

Assets and Liabilities:

  • Total Assets: $53,970
  • Total Liabilities: $767
  • Net Assets: $53,203

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBER DIRECTORIES REVENUE

Revenue

$2,344

Organization Details

Founding Year

1997

Principal Officer

Reid Nelles

Main Address

PO BOX 277, EXCESLIOR, MN, 55331

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