Minnesota Chamber Of Commerce And Industry

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

EIN: 410417210 ✦ St paul, MN ✦ Designated as a 501(c)(6)

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Overview

What is Minnesota Chamber Of Commerce And Industry?

The Minnesota Chamber of Commerce and Industry is a prominent nonprofit organization situated in St. Paul, Minnesota. Its primary mission is to advocate for business interests by lobbying at the state capitol, testifying in courts, and intervening before regulatory agencies. They conduct and sponsor extensive research to inform their policy advocacy efforts, aiming to create a competitive business environment in Minnesota. With a membership base of 6,300 businesses, the chamber proactively leads the statewide business community to advance pro-business, responsible public policies that foster job growth and a thriving economy. Their non-partisan approach ensures they address evolving business needs effectively.


Official website here: www.mnchamber.com

Is Minnesota Chamber Of Commerce And Industry legitimate?

Minnesota Chamber Of Commerce And Industry is a legitimate nonprofit organization registered as a 501(c)(6) entity. Minnesota Chamber Of Commerce And Industry 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: $1,123,861
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,240,303

For more financial information, click here


Official website here: www.mnchamber.com

What is the mission statement of Minnesota Chamber Of Commerce And Industry?

The Minnesota Chamber of Commerce and Industry proactively leads the business community statewide, advocating for pro-business, responsible public policies that promote job creation and economic growth. They provide member services to address evolving business needs and maintain a non-partisan stance. In their role as an advocate for Minnesota businesses, they lobby at the state capitol, testify in courts, and intervene before state regulatory agencies. The chamber also conducts and sponsors research to support their work on specific policy issues, with the objective of making Minnesota a competitive place to do business. As of now, they serve approximately 6,300 members.


Official website here: www.mnchamber.com

Who is the CEO of Minnesota Chamber Of Commerce And Industry?

Doug Loon is the President/Ceo of Minnesota Chamber Of Commerce And Industry. The CEO's salary of Minnesota Chamber Of Commerce And Industry is $550,612 and their total compensation is $600,384.


Official website here: www.mnchamber.com

What is the revenue of Minnesota Chamber Of Commerce And Industry?

Minnesota Chamber Of Commerce And Industry's revenue in 2022 was $6,794,853.


Official website here: www.mnchamber.com

Who are the executives of Minnesota Chamber Of Commerce And Industry and what are their salaries?

The average compensation at Minnesota Chamber Of Commerce And Industry during 2022 was $112,139. There are 30 employees and 100 volunteers at Minnesota Chamber Of Commerce And Industry.


Here are 53 key members and their salaries (Minnesota Chamber Of Commerce And Industry's CEO's salary is $550,612 and their total compensation is $600,384):


Doug Loon (President/Ceo)
  • Compensation: $550,612
  • Related: $0
  • Other: $49,772
Bret Weiss (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Jo Williamson (Chair Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Heikes (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Mcmahan (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lester Bagley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geoff Baker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josh Becker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Black (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alyza Bohbot James (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Bollettieri (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Borgen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Toby Broberg (Director - Part Year)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linnea Burman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharilyn Campbell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristi Carlson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Dottle (Director - Part Year)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Gardner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Gibbs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Grev (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Gruhot (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Hale (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alissa Henriksen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacie Holden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mercedes Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Jorgensen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Molly Jungbauer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Karnowski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phillip Kaufman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Keegan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brooke Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Lemke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Martiny (Director - Part Year)
  • Compensation: $0
  • Related: $0
  • Other: $0
Damu Mccoy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Mcmillan (Director - Part Year)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Oberst (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Peterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Pieper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bart Prins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kari Rihm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Rudeck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlos Seoane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Sieben (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deepinder Singh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Solfelt (Director - Part Year)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Wilfahrt (Director - Part Year)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annette Kojetin (Vice President/Cfo)
  • Compensation: $160,278
  • Related: $0
  • Other: $30,797
Laura Bordelon (Sr. Vice President)
  • Compensation: $267,970
  • Related: $0
  • Other: $40,303
Jennifer Byers (Exec Dir Mn Chamber Foundation)
  • Compensation: $175,144
  • Related: $0
  • Other: $11,820
Jennifer Munyer (Vice President)
  • Compensation: $146,655
  • Related: $0
  • Other: $11,527
Bentley Graves (Director)
  • Compensation: $165,288
  • Related: $0
  • Other: $17,085
Vicki Stute (Vice President)
  • Compensation: $145,147
  • Related: $0
  • Other: $10,201
Beth Kadoun (Vice President)
  • Compensation: $138,370
  • Related: $0
  • Other: $27,973


Official website here: www.mnchamber.com

Where can I find the form 990 for Minnesota Chamber Of Commerce And Industry?

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


Official website here: www.mnchamber.com

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

Mission Statement of Minnesota Chamber Of Commerce And Industry

The Minnesota Chamber of Commerce and Industry proactively leads the business community statewide with the aim of advancing pro-business, responsible Minnesota public policy that fosters job creation and economic growth. This nonprofit organization works tirelessly to advocate for Minnesota businesses by lobbying at the state capitol, testifying in courts, and intervening before state regulatory agencies. They also conduct and sponsor a broad range of research to support their work on specific policy issues, with the ultimate goal of making Minnesota a competitive place to do business. Furthermore, the Minnesota Chamber of Commerce and Industry provides member services to address evolving business needs, operating in a non-partisan manner. Their mission is to serve over 6,300 members by promoting a business-friendly environment that benefits the entire state.

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Impact



October, 2024

The Minnesota Chamber of Commerce and Industry significantly impacts the state's business environment by advocating for policies that promote job growth and economic prosperity. By lobbying at the state capitol, testifying in court, and engaging with regulatory agencies, they represent the interests of over 6,300 member businesses across Minnesota.

Their proactive approach includes conducting and sponsoring research to inform their policy initiatives, ensuring that their advocacy efforts are rooted in data and tailored to address specific challenges faced by businesses. The Chamber’s mission is to create a competitive landscape for businesses in Minnesota, fostering a climate that encourages investment and job creation.

Through these activities, the Minnesota Chamber not only supports the business community but also contributes to the overall economic development of the state, helping to shape a favorable environment where companies can thrive and grow.



This information is meant to be a general summary of Minnesota Chamber Of Commerce And Industry. 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
$6,794,853 (2022)
Expenses
$6,851,685 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $38,282
  • Program Service Revenue: $6,547,279
  • Gross Receipts: $7,545,179

Assets and Liabilities:

  • Total Assets: $9,629,970
  • Total Liabilities: $5,658,811
  • Net Assets: $3,971,159

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Programs

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

MEMBERSHIP DUES

Revenue

$5,535,294

EDUCATION PROGRAMS

Revenue

$558,278

OTHER SPECIAL PROGRAMS

Revenue

$259,307

SPONSORSHIP INCOME

Revenue

$169,400

GROW MN!

Revenue

$25,000

Organization Details

Founding Year

1909

Phone

(651) 292-4650

Principal Officer

Doug Loon

Main Address

380 SAINT PETER STREET 1050, ST PAUL, MN, 55102

Website

www.mnchamber.com

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