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Hoyt Lakes Chamber Of Commerce

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

EIN: 411632643 ✦ Hoyt lakes, MN ✦ Designated as a 501(c)(6)

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Overview

What is Hoyt Lakes Chamber Of Commerce?

The Hoyt Lakes Chamber of Commerce is a nonprofit organization situated in Hoyt Lakes, Minnesota. With a team of two dedicated individuals, their primary mission is to foster and enhance business conditions within the community. They also actively support youth activity programs. In 2021, they extended their commitment by making generous donations totaling $44,774 to various community and youth initiatives. This nonprofit's work contributes significantly to the betterment of Hoyt Lakes and its younger generations.

Is Hoyt Lakes Chamber Of Commerce legitimate?

Hoyt Lakes Chamber Of Commerce is a legitimate nonprofit organization registered as a 501(c)(6) entity. Hoyt Lakes 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Hoyt Lakes Chamber Of Commerce?

The Hoyt Lakes Chamber of Commerce is committed to enhancing and sustaining the business environment within its community. A significant part of its mission involves supporting youth activities. In the year 2021, they made generous donations amounting to $44,774 towards these programs within the community. This organization actively contributes to the betterment of local businesses and youth, demonstrating its dedication to the overall well-being of the community.

Who is the CEO of Hoyt Lakes Chamber Of Commerce?

Robert Bartholomew is the President of Hoyt Lakes Chamber Of Commerce.

What is the revenue of Hoyt Lakes Chamber Of Commerce?

Hoyt Lakes Chamber Of Commerce's revenue in 2022 was $58,447.

Who are the executives of Hoyt Lakes Chamber Of Commerce and what are their salaries?

There are 2 employees at Hoyt Lakes Chamber Of Commerce.


Here are 7 key members and their salaries:


James Kramar (President (Current))
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Bartholomew (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Stevens (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Bartholomew (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Shimmin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cherie Grams (Gambling Manager)
  • Compensation: $12,000
  • Related: $0
  • Other: $0
Debbie Depew (Asst Gambling Mgr)
  • Compensation: $6,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hoyt Lakes Chamber Of Commerce?

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

Mission Statement of Hoyt Lakes Chamber Of Commerce

The Hoyt Lakes Chamber of Commerce is dedicated to enhancing business conditions within its community. One of its primary focuses is supporting youth activity programs. In 2021, the organization demonstrated its commitment by making significant donations totaling $44,774 to various community and youth initiatives. By engaging in these activities, the Hoyt Lakes Chamber of Commerce is not only contributing to the growth and prosperity of local businesses but also investing in the future of its youth, fostering a well-rounded and thriving community.

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Impact




October, 2024

Hoyt Lakes Chamber of Commerce plays a vital role in enhancing the local economy and community well-being. By focusing on the maintenance and improvement of business conditions, the Chamber supports local enterprises, fostering a favorable environment for economic growth. In 2021 alone, nearly $45,000 was donated to community and youth activity programs, demonstrating a strong commitment to youth development and community enrichment. These contributions help bolster opportunities for local youth, promoting engagement and support in various activities. Overall, the Chamber's efforts significantly contribute to community improvement and sustainable economic development in Hoyt Lakes, MN.




This information is meant to be a general summary of Hoyt Lakes 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
$58,447 (2022)
Expenses
$14,550 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $72
  • Gross Receipts: $1,404,795

Assets and Liabilities:

  • Total Assets: $103,956
  • Total Liabilities: $0
  • Net Assets: $103,956

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Organization Details

Founding Year

1986

Principal Officer

Robert Bartholomew

Main Address

PO BOX 429, HOYT LAKES, MN, 55750

NTEE Category

Code: S41 - Community improvement

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