Minot Area Chamber Edc

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

EIN: 450166410 ✦ Minot, ND ✦ Designated as a 501(c)(6)

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Overview

What is Minot Area Chamber Edc?

Minot Area Chamber Edc, based in Minot, North Dakota, serves as a pivotal organization for the local business community. Their primary mission is to advocate for and invest in business activities, acting as a collaborative partner within the community. By doing so, they aim to enhance the overall quality of life for all residents. With a team of 15 dedicated individuals, they work tirelessly to drive key initiatives that contribute to the strengthening and growth of the local economy.


Official website here: www.minotchamber.org

Is Minot Area Chamber Edc legitimate?

Minot Area Chamber Edc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Minot Area Chamber Edc 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: $196,593
Professional Fundraising Fees: $0
Other Salaries and Wages: $648,023

For more financial information, click here


Official website here: www.minotchamber.org

What is the mission statement of Minot Area Chamber Edc?

The Minot Area Chamber EDC's mission is to advocate for and invest in business activities, acting as a collaborative partner within the community. Their primary focus is on enhancing the quality of life for all individuals. The organization serves as the go-to resource for the local business community, working to drive key initiatives that contribute to the growth and strengthening of the economy.


Official website here: www.minotchamber.org

Who is the CEO of Minot Area Chamber Edc?

Brekka Kramer is the Director of Minot Area Chamber Edc.


Official website here: www.minotchamber.org

What is the revenue of Minot Area Chamber Edc?

Minot Area Chamber Edc's revenue in 2022 was $2,681,791.


Official website here: www.minotchamber.org

Who are the executives of Minot Area Chamber Edc and what are their salaries?

The average compensation at Minot Area Chamber Edc during 2022 was $56,308. There are 15 employees and 375 volunteers at Minot Area Chamber Edc.


Here are 14 key members and their salaries:


Ryan Ackerman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Zimmerman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bucky Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Hauck (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Missy Feist Erickson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Mark Vollmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Steven Shirley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mayor Tom Ross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Knecht (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cassidy Hjelmstad (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Black (Chair-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Schwan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Les Knudson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brekka Kramer (President & Corporate Secr)
  • Compensation: $103,919
  • Related: $0
  • Other: $70


Official website here: www.minotchamber.org

Where can I find the form 990 for Minot Area Chamber Edc?

Minot Area Chamber Edc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.minotchamber.org

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

Mission Statement of Minot Area Chamber Edc

Minot Area Chamber EDc, as a collaborative partner in the community, is dedicated to advocating for and investing in business activities. Their mission is focused on improving the quality of life for all, serving as a go-to organization for the local business community. By driving key initiatives that strengthen the economy, Minot Area Chamber EDc aims to contribute positively to the community and enhance its overall prosperity.

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Impact




October, 2024

Minot Area Chamber EDC plays a crucial role in advocating for and investing in business activity within the Minot community. By serving as a collaborative partner, it drives key initiatives that strengthen the local economy and improve the overall quality of life for residents. Their focus on supporting business growth not only fosters economic development but also enhances the community's vitality, making Minot an attractive place for residents and visitors alike. Through strategic partnerships and engagement with the business community, the Chamber EDC effectively contributes to a thriving economic landscape and a strong sense of community.




This information is meant to be a general summary of Minot Area Chamber Edc. 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
$2,681,791 (2022)
Expenses
$2,443,390 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,347
  • Program Service Revenue: $688,686
  • Gross Receipts: $2,682,063

Assets and Liabilities:

  • Total Assets: $18,216,334
  • Total Liabilities: $8,522,887
  • Net Assets: $9,693,447

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Programs

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

MOTOR VEHICLE DEPARTME

Revenue

$508,052

PROGRAM AND PROJECT IN

Revenue

$180,634

Organization Details

Founding Year

1923

Principal Officer

Brekka Kramer

Main Address

PO BOX 940, MINOT, ND, 587020940

NTEE Category

Code: S41 - Community improvement

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