Overview
What is Hayfield Commercial Club?
The Hayfield Commercial Club is a nonprofit organization situated in Hayfield, Minnesota. Their primary purpose is to foster business growth within the community and encourage community participation. They achieve this by holding quarterly meetings for local businesses and organizing annual events for the community as a whole. These events include a city-wide garage sale, an Easter coloring contest for school-age children, a Halloween costume contest, and a visit from Santa Claus. Unlike many nonprofits, these events are not income-generating but rather community-focused initiatives. The organization operates with a small team of one dedicated individual.
Is Hayfield Commercial Club legitimate?
Hayfield Commercial Club is a legitimate nonprofit organization registered as a 501(c)(6) entity. Hayfield Commercial Club 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:
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For more financial information, click here
What is the mission statement of Hayfield Commercial Club?
The Hayfield Commercial Club's mission is centered around fostering business growth within its community and encouraging community involvement. Specifically, the organization aims to promote business activities and strengthen the sense of community among its members. To achieve this, the club organizes quarterly meetings for businesses, hosts an annual welcome breakfast for district teachers, and conducts various community events annually, such as a city-wide garage sale, an Easter coloring contest, a Halloween costume contest, and a visit from Santa Claus. These events are not primarily aimed at generating income but serve as community-building initiatives.
Who is the CEO of Hayfield Commercial Club?
Tom Monahan is the Principal Officer of Hayfield Commercial Club.
What is the revenue of Hayfield Commercial Club?
Hayfield Commercial Club's revenue in 2022 was $4,426.
Who are the executives of Hayfield Commercial Club and what are their salaries?
There is 1 employee and 40 volunteers at Hayfield Commercial Club.
Here are 9 key members and their salaries:
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- Compensation: $28,000
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Where can I find the form 990 for Hayfield Commercial Club?
Hayfield Commercial Club's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hayfield Commercial Club
Hayfield Commercial Club, a community-focused organization, is dedicated to promoting business within its local community and encouraging community involvement. Its primary mission is to foster a thriving business environment by bringing together local businesses and engaging the community in various initiatives. To accomplish this, the club holds quarterly meetings for businesses, providing a platform for networking and discussion. Additionally, Hayfield Commercial Club actively engages with the district teachers through an annual welcome breakfast, showing its commitment to education and community development.
Beyond meetings and networking events, Hayfield Commercial Club organizes a series of annual community events. These events include a city-wide garage sale, an Easter coloring contest for school-age children, a Halloween costume judging contest, and a visit from Santa Claus. These events are not intended to generate income but rather serve as a means of bringing the community together and promoting a sense of unity and belonging. Hayfield Commercial Club's activities are a testament to its commitment to fostering a vibrant, connected community, with businesses at its heart.
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Impact
October, 2024
The Hayfield Commercial Club plays a vital role in enhancing the local business landscape and fostering community spirit in Hayfield, Minnesota. By holding quarterly meetings for businesses, it provides a platform for collaboration, networking, and sharing resources, which strengthens the economic fabric of the community.
The organization also organizes several key annual events that promote engagement and connection among residents. Activities like the city-wide garage sale, Easter coloring contest, Halloween costume judging, and welcoming Santa to town create a sense of community and belonging. These events are not designed to raise funds but to enrich the community experience, showcasing Hayfield's commitment to nurturing local relationships and enhancing the quality of life for its residents.
Through its efforts, the Hayfield Commercial Club encourages active involvement from both businesses and citizens, fostering a vibrant community atmosphere while promoting local enterprise and collaboration. Its impact extends beyond economic growth, reinforcing social ties and ensuring that Hayfield remains a welcoming and engaged place to live and work.
This information is meant to be a general summary of Hayfield Commercial Club. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $16
- Gross Receipts: $4,426
Assets and Liabilities:
- Total Assets: $180,002
- Total Liabilities: $924
- Net Assets: $179,078
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Organization Details
Founding Year
1970
Phone
(507) 477-2000Principal Officer
Tom Monahan
Main Address
PO BOX 1113, HAYFIELD, MN, 55940
NTEE Category
Code: S41 - Community improvement
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