Overview
What is Albert Lea Freeborn County Chamber Foundation?
Albert Lea Freeborn County Chamber Foundation is a nonprofit organization situated in Albert Lea, Minnesota. Their primary mission is to stimulate the formation of funds intended to benefit their local community both currently and in the future. One of their key activities is organizing a city-wide fireworks display on the 4th of July, offering the community an enjoyable celebration.
Is Albert Lea Freeborn County Chamber Foundation legitimate?
Albert Lea Freeborn County Chamber Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Albert Lea Freeborn County Chamber Foundation 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 Albert Lea Freeborn County Chamber Foundation?
The Albert Lea Freeborn County Chamber Foundation's mission is centered around stimulating the establishment of funds to serve their local community, both currently and in the future. This organization aims to contribute to the betterment of their community by allocating funds for various initiatives. One of their notable activities includes organizing a city fireworks display on the 4th of July, providing an enjoyable celebration for the community.
Who is the CEO of Albert Lea Freeborn County Chamber Foundation?
Shari Sprague is the Chair of Albert Lea Freeborn County Chamber Foundation.
What is the revenue of Albert Lea Freeborn County Chamber Foundation?
Albert Lea Freeborn County Chamber Foundation's revenue in 2022 was $289,240.
Who are the executives of Albert Lea Freeborn County Chamber Foundation and what are their salaries?
There 7 volunteers at Albert Lea Freeborn County Chamber Foundation.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Albert Lea Freeborn County Chamber Foundation?
Albert Lea Freeborn County Chamber Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Albert Lea Freeborn County Chamber Foundation
The Albert Lea Freeborn County Chamber Foundation is committed to stimulating the establishment of funds to serve their local community, both presently and in the future. Their mission is to actively engage in initiatives that aim to benefit their community, ensuring its prosperity for generations to come. One of their primary activities is organizing a city fireworks display on the 4th of July, providing an enjoyable celebration for the community as a whole. This event is funded by the Foundation, demonstrating their dedication to enhancing community spirit and creating memorable experiences.
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Impact
October, 2024
The Albert Lea Freeborn County Chamber Foundation plays a vital role in enhancing the quality of life in the local community. By establishing and managing funds, it directly supports initiatives that benefit residents now and in the future. A notable impact of the foundation is its funding of the city’s annual fireworks display on the 4th of July, creating a cherished tradition that brings the community together in celebration. This event not only fosters community spirit but also attracts visitors, enhancing local pride and promoting economic activity in Albert Lea, MN. Overall, the foundation's commitment to stimulating financial resources contributes significantly to community improvement and the overall well-being of its residents.
This information is meant to be a general summary of Albert Lea Freeborn County Chamber Foundation. 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: $3,300
- Program Service Revenue: $282,815
- Gross Receipts: $289,240
Assets and Liabilities:
- Total Assets: $672,365
- Total Liabilities: $0
- Net Assets: $672,365
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM RECEIPTS
Revenue
$279,553
ADMINISTRATIVE FEES
Revenue
$2,368
INACTIVE PROGRAMS-CLOSED TO UF
Revenue
$894
Organization Details
Founding Year
1989
Phone
(507) 373-3938Principal Officer
Shari Sprague
Main Address
132 N BROADWAY AVE, ALBERT LEA, MN, 56007
NTEE Category
Code: S41Z - Community improvement
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