Minneapolis Regional Chamber Of Commerce

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

EIN: 410414520 ✦ Minneapolis, MN ✦ Designated as a 501(c)(6)

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Overview

What is Minneapolis Regional Chamber Of Commerce?

The Minneapolis Regional Chamber of Commerce is a prominent nonprofit organization situated in Minneapolis, Minnesota. Its primary mission is to foster powerful advocacy, contributing to the economic prosperity of the Minneapolis-St. Paul region. Established years ago, the organization has played a significant role in promoting charitable giving within the business community. It introduced the Keystone Program, which recognizes companies that donate at least 2% of their pre-tax earnings to the community. Initiated by 23 Minnesota companies over three decades ago, the Keystone Program continues to inspire and encourage philanthropy among businesses. This year, the program celebrated its 46th year and enrolled 200 members. Additionally, the organization organizes events, such as the Northeast Minneapolis Parade, which started in 1929 as a street car parade and returned in 2022 as a successful community event. With approximately 35 employees, the Minneapolis Regional Chamber of Commerce remains dedicated to enhancing the region's economic vitality.


Official website here: www.mplschamber.com

Is Minneapolis Regional Chamber Of Commerce legitimate?

Minneapolis Regional Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Minneapolis Regional 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: $288,089
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,881,532

For more financial information, click here


Official website here: www.mplschamber.com

What is the mission statement of Minneapolis Regional Chamber Of Commerce?

The Minneapolis Regional Chamber of Commerce's mission is centered around fostering powerful advocacy. Their primary objective is to enhance economic vitality in their region. They achieve this by engaging in advocacy activities that aim to enhance the economic growth and development of their community. The organization is proactive in its approach, leading delegations to learn from other cities' economic strategies and attractions. Moreover, the Chamber recognizes and honors companies that contribute significantly to their community through charitable giving, a practice it initiated over three decades ago. The Keystone Program, established by 23 Minnesota companies, celebrates its 46th year and has enrolled 200 members, demonstrating its enduring impact. Additionally, the Chamber organizes community events, such as the Northeast Minneapolis Parade, which started in 1929 and returned in 2022, contributing to the region's social and cultural vibrancy.


Official website here: www.mplschamber.com

Who is the CEO of Minneapolis Regional Chamber Of Commerce?

Jonathan Weinhagen is the Director of Minneapolis Regional Chamber Of Commerce. The CEO's salary of Minneapolis Regional Chamber Of Commerce is $260,600 and their total compensation is $288,089.


Official website here: www.mplschamber.com

What is the revenue of Minneapolis Regional Chamber Of Commerce?

Minneapolis Regional Chamber Of Commerce's revenue in 2022 was $3,657,190.


Official website here: www.mplschamber.com

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

The average compensation at Minneapolis Regional Chamber Of Commerce during 2022 was $61,989. There are 35 employees and 150 volunteers at Minneapolis Regional Chamber Of Commerce.


Here are 68 key members and their salaries (Minneapolis Regional Chamber Of Commerce's CEO's salary is $260,600 and their total compensation is $288,089):


Alex Cecchini (Director)
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Alison Pence (Director)
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Andy Grey (Director)
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Ben Shardlow (Director)
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Breanna Schafer (Director)
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Brett Hanson (Director)
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Brian Ryks (Director)
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Bryan Toft (Director)
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Buffie Blesi (Director)
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Cassie Nelson (Chair)
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Christopher Ferguson (Director)
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Cindy Mccleary (Director)
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Cory Hoeppner (Director)
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Dan Ballard (Director)
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Danielle Grant (Director)
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Dario Anselmo (Director)
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Darrel German (Director)
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Dave Meyer (Director)
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David Joos (Director)
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David Prince (Treasurer)
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Denise Gervais (Director)
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Diane Nixa (Director)
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Erin Sexton (Director)
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Evan Doran (Director)
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Greg Worthen (Director)
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Heidi Johnson (Director)
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Heidi Larson (Director)
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J Marie Fieger (Director)
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Jack Fiterman (Director)
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Jake Vernon (Director)
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Jason Besler (Director)
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Jay Lindgren (Director)
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Jeff Anderson (Director)
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Jeff Davidman (Director)
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Jessie Sorensen (Director)
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John B Yang (Director)
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John Pacheco (Director)
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Karly Baraga Werner (Director)
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Kathy Packard (Director)
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Kathy Robideau (Director)
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Khadija Ali (Director)
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Kurt Erickson (Director)
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Laura Monn Ginsburg (Director)
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Louis King (Director)
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Mary Giesler (Director)
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Matt Kramer (Director)
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Melvin Tennant (Director)
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Michael Belaen (Director)
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Michael Klingensmith (Director)
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Michelle Swanson (Director)
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Morten Hansen (Director)
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Nasibu Sareva (Director)
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Patricia Grazzini (Director)
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Paul Johnson (Director)
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Ravi Norman (Past Chair)
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Robert Butterbrodt (Director)
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Sarah Anderson (Director)
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Scott Cordes (Director)
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Scott Cummings (Director)
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Shaun Coard (Director)
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Shelly Elmore (Director)
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Steve Cramer (Director)
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Steve Silton (Director)
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Susan Adams Loyd (Director)
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Todd Anderson (Director)
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Tom Whitlock (Director)
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Vincent A Thomas Jd (Director)
  • Compensation: $0
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Jonathan Weinhagen (President/Ceo)
  • Compensation: $260,600
  • Related: $0
  • Other: $27,489


Official website here: www.mplschamber.com

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

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


Official website here: www.mplschamber.com

Learn more at the official website: www.mplschamber.com

Mission Statement of Minneapolis Regional Chamber Of Commerce

The Minneapolis Regional Chamber of Commerce, in its mission, focuses on creating powerful advocacy with the aim of enhancing economic vitality within the Minneapolis-St. Paul region. This nonprofit organization takes an active role in community leadership, driving initiatives and fostering collaboration between various sectors, including government, businesses, and community leaders.

One of their key initiatives is the Intercity Leadership Visit, where they organize delegations to learn from other cities' economic growth strategies. Additionally, they recognize and honor companies that contribute significantly to their communities through charitable giving, with the Keystone Program. This program, established over three decades ago, aims to encourage charitable giving and set an example for other businesses. The Minneapolis Regional Chamber of Commerce celebrated its 46th year of the Keystone Program, enrolling 200 members and attracting 480 attendees to its annual event.

Furthermore, the Minneapolis Regional Chamber of Commerce contributes to the local community through events like the Northeast Minneapolis Parade. Originating in 1929 as a streetcar parade, this annual event re-emerged in 2022, marking another successful community event. Through these initiatives, the Minneapolis Regional Chamber of Commerce demonstrates its commitment to driving economic growth and fostering a vibrant community within the Minneapolis-St. Paul region.

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Impact



October, 2024

The Minneapolis Regional Chamber of Commerce significantly impacts the economic vitality of the Minneapolis-St. Paul region by fostering powerful advocacy and community collaboration. Through organized initiatives, the Chamber has successfully led delegations of influential leaders, such as the recent visit to Charlotte, NC, where insights on economic growth strategies were shared, promoting a culture of learning and adaptation among local businesses.

Their Keystone Program plays a crucial role in encouraging corporate philanthropy by recognizing companies that contribute at least 2% of their pre-tax earnings to community initiatives. Established over 33 years ago, this initiative not only honors over 200 participating members but also exemplifies a commitment to community betterment, inspiring others to follow suit. The program's impact was highlighted at its 46th anniversary event, which attracted 480 attendees, showcasing strong community engagement and support.

Additionally, events like the revival of the Northeast Minneapolis Parade, originally started in 1929, emphasize the Chamber’s dedication to community events that foster unity and local pride. Overall, the Minneapolis Regional Chamber of Commerce serves as a vital catalyst for economic development, charitable giving, and community involvement, enhancing the overall quality of life in the region.



This information is meant to be a general summary of Minneapolis Regional 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
$3,657,190 (2022)
Expenses
$3,641,783 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,797
  • Program Service Revenue: $1,391,865
  • Gross Receipts: $3,757,873

Assets and Liabilities:

  • Total Assets: $2,079,239
  • Total Liabilities: $1,405,274
  • Net Assets: $673,965

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Programs

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

MEMBERSHIP DUES

Revenue

$1,284,049

EVENTS & FUNCTIONS

Revenue

$98,695

ADVERTISING

Revenue

$4,867

AFFINITY INCOME

Revenue

$4,254

Organization Details

Founding Year

1881

Phone

(612) 370-9141

Principal Officer

Jonathan Weinhagen

Main Address

81 SOUTH NINTH STREET 200, MINNEAPOLIS, MN, 55402

Website

www.mplschamber.com

NTEE Category

Code: S41 - Community improvement

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