Lake City 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: 410823887 ✦ Lake city, MN ✦ Designated as a 501(c)(6)

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Overview

What is Lake City Chamber Of Commerce?

The Lake City Chamber of Commerce is a nonprofit organization situated in Lake City, Minnesota, with a primary focus on promoting the local area. They accomplish this through organizing various festivals and events, and their efforts extend to boosting tourism, retail trade, and industrial growth, ultimately contributing to the area's economic development. The organization's mission is to actively support and advance Lake City and its surrounding region in these sectors. With a dedicated team of just two individuals, the Lake City Chamber of Commerce plays a significant role in the community's economic and social growth.


Official website here: www.lakecity.org

What do the Facebook reviews say about Lake City Chamber Of Commerce?

96% of 16 reviewers on Facebook recommend Lake City Chamber Of Commerce. Here is a summary of their reviews:

Many users express enjoyment in exploring local businesses, highlighting the engaging events organized by the Chamber. The opportunity to reconnect with community offerings is appreciated, making for a vibrant and positive experience for attendees.

Overall, the Chamber appears to effectively foster local engagement and support for its businesses, creating a welcoming atmosphere that residents and visitors appreciate.


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

Is Lake City Chamber Of Commerce legitimate?

Lake City Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Lake City 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: $46,370
Professional Fundraising Fees: $0
Other Salaries and Wages: $54,541

For more financial information, click here


Official website here: www.lakecity.org

What is the mission statement of Lake City Chamber Of Commerce?

The Lake City Chamber of Commerce is dedicated to advancing the growth and prosperity of a specific area, focusing on business, industry, economic development, and tourism. Their mission is to promote this region, organizing various events and festivals to attract visitors for retail trade, as well as fostering industrial growth and economic development. Essentially, their goal is to enhance the overall appeal of the area, attracting both businesses and tourists alike.


Official website here: www.lakecity.org

Who is the CEO of Lake City Chamber Of Commerce?

Ed Hoffman is the Executive Director of Lake City Chamber Of Commerce.


Official website here: www.lakecity.org

What is the revenue of Lake City Chamber Of Commerce?

Lake City Chamber Of Commerce's revenue in 2022 was $252,975.


Official website here: www.lakecity.org

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

The average compensation at Lake City Chamber Of Commerce during 2022 was $50,456. There are 2 employees at Lake City Chamber Of Commerce.


Here are 9 key members and their salaries:


Elizabeth Greenawalt (Executive Director)
  • Compensation: $46,370
  • Related: $0
  • Other: $0
Justin Hawryluk (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Ellingson (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vicki Krage (President-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deb Becker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Denzer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kjellgren Alkire (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe White (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marsha Danielson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lakecity.org

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

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


Official website here: www.lakecity.org

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

Mission Statement of Lake City Chamber Of Commerce

Lake City Chamber of Commerce, a notable organization, is dedicated to the promotion of Lake City and its surrounding area. Their mission encompasses various aspects, including business, industry, economic development, and tourism. This nonprofit entity works tirelessly to elevate Lake City's profile in these sectors, aiming to stimulate growth and attract opportunities. The organization accomplishes this through various promotional activities and festivals. By focusing on tourism, retail trade, industry, and economic development, Lake City Chamber of Commerce seeks to bolster the area's overall prosperity and appeal.

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Impact




October, 2024

The Lake City Chamber of Commerce plays a vital role in promoting Lake City and its surrounding areas, significantly impacting local business, industry, economic development, and tourism. By organizing various promotions and festivals, the Chamber fosters a vibrant community atmosphere while attracting visitors. Their efforts enhance retail trade and support local industries, driving economic growth and community improvement. Through dedicated initiatives, the Chamber ensures that Lake City remains a desirable destination for both residents and tourists, bolstering the area's overall development and prosperity.




This information is meant to be a general summary of Lake City 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
$252,975 (2022)
Expenses
$200,210 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $201
  • Gross Receipts: $487,807

Assets and Liabilities:

  • Total Assets: $193,575
  • Total Liabilities: $2,532
  • Net Assets: $191,043

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Organization Details

Founding Year

1957

Principal Officer

Ed Hoffman

Main Address

100 E LYON AVENUE, LAKE CITY, MN, 55041

NTEE Category

Code: S41 - Community improvement

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