Lakeville Chamber Of Commerce Inc

Lakeville Area 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: 410902928 ✦ Lakeville, MN ✦ Designated as a 501(c)(6)

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Overview

What is Lakeville Chamber Of Commerce Inc?

Lakeville Chamber of Commerce Inc is a nonprofit organization located at 19950 DODD BOULEVARD SUITE 101, Lakeville, Minnesota. With a staff of five individuals, its primary mission is to act as an advocate, resource, and leader for its members and the local business community. The chamber achieves this by offering networking and marketing opportunities, facilitating economic development, providing educational resources, and promoting tourism within the Lakeville area. Additionally, the organization hosts community support and informational programs and events, attracting approximately 7,000 attendees annually. Furthermore, Lakeville Chamber of Commerce Inc created a mail directory, reaching over 3,500 individuals, to strengthen connections within the community. Overall, the organization aims to stimulate interest in local business and enhance community awareness.


Official website here: www.lakevillechamber.org

What do the Facebook reviews say about Lakeville Chamber Of Commerce Inc?

100% of 16 reviewers on Facebook recommend the Lakeville Chamber of Commerce Inc. Here is a summary of their reviews:

Many users express a high level of satisfaction with the networking opportunities provided by the chamber. Reviewers appreciate the hard work and dedication of the organization in facilitating connections among local businesses and community members. This positive sentiment reflects a strong sense of community support and collaboration fostered by the Chamber.

Overall, the Lakeville Chamber of Commerce is seen as an effective resource for local businesses, enhancing networking possibilities and contributing positively to the local economy.


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

Is Lakeville Chamber Of Commerce Inc legitimate?

Lakeville Chamber Of Commerce Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Lakeville Chamber Of Commerce Inc 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: $100,415
Professional Fundraising Fees: $0
Other Salaries and Wages: $194,810

For more financial information, click here


Official website here: www.lakevillechamber.org

What is the mission statement of Lakeville Chamber Of Commerce Inc?

The Lakeville Chamber of Commerce Inc serves as an advocate, resource, and leader for its members and the business community. It achieves this mission by delivering networking and marketing opportunities, assisting in economic development, providing member education, and promoting tourism. The organization also supports the community by offering informational programs and events open to the public, aiming to stimulate interest in local business and raise awareness. Approximately 7,000 people attend these events annually, and the Chamber has even created a mail directory distributed to over 3,500 individuals.


Official website here: www.lakevillechamber.org

Who is the CEO of Lakeville Chamber Of Commerce Inc?

Krista Jech is the Chair of Lakeville Chamber Of Commerce Inc.


Official website here: www.lakevillechamber.org

What is the revenue of Lakeville Chamber Of Commerce Inc?

Lakeville Chamber Of Commerce Inc's revenue in 2022 was $800,284.


Official website here: www.lakevillechamber.org

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

The average compensation at Lakeville Chamber Of Commerce Inc during 2022 was $59,045. There are 5 employees and 100 volunteers at Lakeville Chamber Of Commerce Inc.


Here are 14 key members and their salaries:


Mike Forbord (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Matasosky (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Erkenbrack (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brady Folkestad (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Utz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Scoles (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Blanchard (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Reese (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Allen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Pahl (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Knapp (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Schaap (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alana Kniefel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Krista Jech (President)
  • Compensation: $100,415
  • Related: $0
  • Other: $2,920


Official website here: www.lakevillechamber.org

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

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


Official website here: www.lakevillechamber.org

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

Mission Statement of Lakeville Chamber Of Commerce Inc

Lakeville Chamber of Commerce Inc serves as a powerful advocate, resource, and leader for its members and the broader business community. Its mission is to deliver networking and marketing opportunities, aid in economic development, provide member education, and promote tourism. By doing so, the chamber seeks to support the local business community and stimulate interest in community affairs. To fulfill this mission, Lakeville Chamber of Commerce Inc hosts a variety of community support and informational programs and events that are open to the public, attracting around 7,000 attendees annually. The organization also produced a mail directory that reached over 3,500 individuals, further extending its reach and influence within the community.

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Impact




October, 2024

Lakeville Chamber of Commerce Inc plays a pivotal role in enhancing the local business landscape and community engagement in Lakeville, MN. By serving as an advocate, resource, and leader for its members and the broader business community, the chamber fosters a collaborative environment that stimulates economic growth and development.

Through a range of community support initiatives, informational programs, and events, the chamber engages approximately 7,000 attendees annually, increasing awareness and interest in local businesses. Highlights of their efforts include the creation of a comprehensive mail directory distributed to over 3,500 individuals, which enhances visibility for local enterprises.

The chamber actively delivers networking and marketing opportunities, assists with economic development initiatives, provides member education, and promotes tourism, creating a vibrant ecosystem that benefits both businesses and residents. This collective impact drives community improvement, strengthens local economies, and enhances the overall quality of life in Lakeville.




This information is meant to be a general summary of Lakeville Chamber Of Commerce Inc. 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
$800,284 (2022)
Expenses
$705,870 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $627
  • Program Service Revenue: $486,319
  • Gross Receipts: $839,302

Assets and Liabilities:

  • Total Assets: $858,441
  • Total Liabilities: $142,050
  • Net Assets: $716,391

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Programs

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

MEMBERSHIP SERVICES

Revenue

$332,538

PROGRAM EVENTS

Revenue

$112,072

ADVERTISING

Revenue

$41,159

WEBSITE REVENUE

Revenue

$550

Organization Details

Founding Year

1948

Principal Officer

Krista Jech

Main Address

19950 DODD BOULEVARD SUITE 101, LAKEVILLE, MN, 55044

NTEE Category

Code: S41 - Community improvement

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