Ely Chamber Of Commerce

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

EIN: 410237425 ✦ Ely, MN ✦ Designated as a 501(c)(6)

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Overview

What is Ely Chamber Of Commerce?

Ely Chamber of Commerce is a dynamic nonprofit organization located in Ely, Minnesota, specifically at 1600 East Sheridan Street. Their primary focus is to foster a prosperous and resilient economic community. They achieve this by leveraging leadership, advocacy, and strategic partnerships. Through events and promotions, they attract tourists to the area, encouraging shopping in the central business district and dining at local restaurants. The Chamber also invests in workforce development and business diversity, ensuring a skilled and inclusive workforce. Additionally, they promote education within the community, contributing to its overall growth and sustainability. With a team of five dedicated individuals, the Ely Chamber of Commerce plays a vital role in the region's economic and social development.


Official website here: www.ely.org

Is Ely Chamber Of Commerce legitimate?

Ely Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Ely 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: $47,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $61,987

For more financial information, click here


Official website here: www.ely.org

What is the mission statement of Ely Chamber Of Commerce?

The Ely Chamber of Commerce's mission is centered around fostering a prosperous and sustainable economic community. They accomplish this through leadership, advocacy, and strategic partnerships. Additionally, they focus on the career development of their workforce and promoting business diversity and education. The chamber also plays a significant role in organizing events and promotions, such as festivals, to attract tourists and encourage local shopping and dining.


Official website here: www.ely.org

Who is the CEO of Ely Chamber Of Commerce?

Eva Sebesta is the Executive Director of Ely Chamber Of Commerce.


Official website here: www.ely.org

What is the revenue of Ely Chamber Of Commerce?

Ely Chamber Of Commerce's revenue in 2022 was $237,179.


Official website here: www.ely.org

Who are the executives of Ely Chamber Of Commerce and what are their salaries?

The average compensation at Ely Chamber Of Commerce during 2022 was $21,897. There are 5 employees and 50 volunteers at Ely Chamber Of Commerce.


Here are 8 key members and their salaries:


Roger Murawski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Olson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Sebesta (1St Vice Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jodi Martin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Scherbing (2Nd Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kris Winkelman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dafne Caruso (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eva Sebesta (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ely.org

Where can I find the form 990 for Ely Chamber Of Commerce?

Ely Chamber Of Commerce's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ely.org

Learn more at the official website: www.ely.org

Mission Statement of Ely Chamber Of Commerce

The Ely Chamber of Commerce, in its mission, strives to foster a prosperous and enduring economic environment by embracing leadership and advocacy, strategic collaborations, and education. This nonprofit organization is committed to advancing the professional development of its workforce and promoting business diversity. Through its initiatives, the Ely Chamber of Commerce aims to contribute to the community's growth and sustainability.

In pursuit of its mission, the Ely Chamber of Commerce leads various activities. One of its key roles is to organize events and promotions that attract tourists to the area, thereby boosting local businesses. Additionally, it oversees community activities designed to draw shoppers to the central business district and encourage patronage of local restaurants. This proactive approach to community development is instrumental in strengthening the economic fabric of the community.

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Impact




October, 2024

Ely Chamber of Commerce plays a crucial role in fostering a vibrant and sustainable economic community in Ely, MN. By focusing on leadership and advocacy, it strengthens local businesses and empowers the workforce through career development initiatives. The Chamber fosters strategic partnerships that enhance business diversity and education, creating a robust environment for economic growth.

One of its key contributions is organizing the Events & Promotions Committee, which produces a variety of festivals aimed at attracting tourists to the area. These events not only celebrate the community's culture but also significantly boost local commerce by drawing shoppers into the central business district and encouraging them to experience area restaurants. Through these efforts, the Chamber enhances community engagement and stimulates the local economy, demonstrating a strong positive impact on Ely's overall vitality and growth.




This information is meant to be a general summary of Ely 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
$237,179 (2022)
Expenses
$305,983 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,632
  • Program Service Revenue: $233,547
  • Gross Receipts: $237,179

Assets and Liabilities:

  • Total Assets: $405,474
  • Total Liabilities: $57,711
  • Net Assets: $347,763

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Programs

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

Advertising income

Revenue

$32,470

Festivals

Revenue

$71,266

Gift Certificates

Revenue

$16,418

Membership Dues & Assessments

Revenue

$72,216

Seminars & Misc Projects

Revenue

$41,177

Organization Details

Principal Officer

Eva Sebesta

Main Address

1600 East Sheridan Street, Ely, MN, 55731

NTEE Category

Code: S41 - Community improvement

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