New Ulm 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: 410632848 ✦ New ulm, MN ✦ Designated as a 501(c)(6)

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Overview

What is New Ulm Chamber Of Commerce?

The New Ulm Chamber of Commerce is a vital nonprofit organization located in New Ulm, Minnesota. Its primary mission is to stimulate commerce within the city and its surrounding area. To achieve this goal, they employ various strategies such as advertising through magazines, billboards, trade shows, and fam tours. These initiatives aim to attract visitors, encouraging them to stay overnight in the city. The result of these efforts has been a significant increase in visitors, with over 50,000 individuals choosing to stay in New Ulm. Furthermore, the Chamber has developed new events to further boost local tourism. The organization is staffed by a team of six dedicated individuals.


Official website here: www.newulm.com

What do the Facebook reviews say about New Ulm Chamber Of Commerce?

96% of 55 reviewers on Facebook recommend the New Ulm Chamber of Commerce. Here is a summary of their reviews:

Many individuals share positive experiences, highlighting the community's willingness to lend a helping hand. One particularly touching story narrates a family breakdown while traveling, where both local authorities and residents went out of their way to provide support and ensure their safety. Reviewers commend the quick response from services and the kindness shown by locals, illustrating a strong sense of community.

Overall, there is a consistent theme of appreciation for the Chamber's role in fostering a caring environment. Users express satisfaction with the hospitality and helpfulness encountered during their visits, showcasing New Ulm as not only a charming destination but also a place where people look out for one another.


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

Is New Ulm Chamber Of Commerce legitimate?

New Ulm Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. New Ulm 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: $70,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $52,830

For more financial information, click here


Official website here: www.newulm.com

What is the mission statement of New Ulm Chamber Of Commerce?

The New Ulm Chamber of Commerce's mission is centered around promoting commerce within a broader area, encompassing not just the city itself but its surroundings as well. In pursuit of this objective, they employ various strategies such as advertising in magazines, billboards, trade shows, and organizing familiarization tours for potential visitors. These efforts aim to expand the tourism base and attract visitors for overnight stays. As a result of these initiatives, over 50,000 people have chosen to stay in the city.


Official website here: www.newulm.com

Who is the CEO of New Ulm Chamber Of Commerce?

Sarah Warmka is the Chairperson of New Ulm Chamber Of Commerce. The CEO's salary of New Ulm Chamber Of Commerce is $70,000 and their total compensation is $70,000.


Official website here: www.newulm.com

What is the revenue of New Ulm Chamber Of Commerce?

New Ulm Chamber Of Commerce's revenue in 2022 was $475,070.


Official website here: www.newulm.com

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

The average compensation at New Ulm Chamber Of Commerce during 2022 was $20,472. There are 6 employees and 100 volunteers at New Ulm Chamber Of Commerce.


Here are 13 key members and their salaries (New Ulm Chamber Of Commerce's CEO's salary is $70,000 and their total compensation is $70,000):


Erin Lafferty (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Lilleodden (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristine Rueckert (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brie Taralson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Guldan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenni Neubauer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Bowler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Kamm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danielle Fischer Marti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brittney Schmiesing (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Seth Visser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Nosbush (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Warmka (Ceo)
  • Compensation: $70,000
  • Related: $0
  • Other: $0


Official website here: www.newulm.com

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

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


Official website here: www.newulm.com

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

Mission Statement of New Ulm Chamber Of Commerce

New Ulm Chamber of Commerce is dedicated to fostering commerce within its local area and the city of New Ulm, specifically. The organization's primary objective is to promote commercial activities, serving as a catalyst for economic growth and development. In pursuit of this mission, the Chamber employs various strategies, such as advertising through magazines, billboards, trade shows, and familiarization tours (FAM tours). These initiatives aim to attract visitors to the city, with a focus on encouragement for overnights stays. As a result of these efforts, over 50,000 individuals have chosen to stay in the city, contributing to the local economy.

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Impact




October, 2024

The New Ulm Chamber of Commerce plays a vital role in promoting commerce within New Ulm and its surrounding areas, significantly impacting local economic growth and community development. By actively working to expand the tourism base, the Chamber successfully entices visitors to the city, resulting in over 50,000 overnight stays annually.

Through strategic advertising efforts utilizing magazines, billboards, trade shows, and familiarization tours (FAM tours), the Chamber effectively showcases the attractions and amenities of New Ulm. Moreover, the development of new events has further enriched the local culture and provided additional reasons for visitors to come, thereby enhancing the overall vibrancy of the community.

The Chamber’s initiatives foster a strong sense of community improvement, ultimately benefiting local businesses and contributing to the economic vitality of New Ulm. Through enhanced tourism and commerce, the Chamber helps create a thriving atmosphere that supports both residents and visitors alike.




This information is meant to be a general summary of New Ulm 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
$475,070 (2022)
Expenses
$428,703 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,460
  • Program Service Revenue: $260,432
  • Gross Receipts: $481,183

Assets and Liabilities:

  • Total Assets: $1,116,651
  • Total Liabilities: $361,478
  • Net Assets: $755,173

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Programs

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

TOURISM

Revenue

$151,036

OKTOBERFEST

Revenue

$43,528

SETTING THE PACE

Revenue

$19,565

EVENTS

Revenue

$16,005

NETWORK NEW ULM

Revenue

$14,748

Organization Details

Founding Year

1944

Principal Officer

Sarah Warmka

Main Address

1 NORTH MINNESOTA ST PO BOX 384, NEW ULM, MN, 56073

NTEE Category

Code: S41 - Community improvement

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