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Laurentian Chamber Of Commerce Inc

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

EIN: 510456882 ✦ Virginia, MN ✦ Designated as a 501(c)(6)

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Overview

What is Laurentian Chamber Of Commerce Inc?

Laurentian Chamber of Commerce Inc is a prominent nonprofit organization situated in the region. Its core mission is to bolster business growth by leveraging education and advocacy. The chamber's programs are strategically designed to foster this prosperity, working tirelessly to achieve their objectives.

Is Laurentian Chamber Of Commerce Inc legitimate?

Laurentian Chamber Of Commerce Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Laurentian 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: $88,642
Professional Fundraising Fees: $0
Other Salaries and Wages: $34,690

For more financial information, click here

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

The Laurentian Chamber of Commerce Inc. focuses on promoting business growth in the region by employing education and advocacy strategies. Their mission is to enhance the prosperity of the area through these initiatives. The organization's programs are designed to accomplish this objective, striving to make a positive impact on the local business community.

Who is the CEO of Laurentian Chamber Of Commerce Inc?

Teresa Appelwick is the President of Laurentian Chamber Of Commerce Inc.

What is the revenue of Laurentian Chamber Of Commerce Inc?

Laurentian Chamber Of Commerce Inc's revenue in 2022 was $174,458.

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

The average compensation at Laurentian Chamber Of Commerce Inc during 2022 was $41,111. There are 3 employees at Laurentian Chamber Of Commerce Inc.


Here are 18 key members and their salaries:


Teresa Appelwick (President)
  • Compensation: $88,642
  • Related: $0
  • Other: $0
Nicholas Mathiowetz (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arik Forsman (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathan Dahl (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Klima (Second Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bradley Gustafson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Buss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Dean (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Glissman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abigail Hejda (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justine Henry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Hoel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandy Karnowski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christy Lang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betsy Olivanti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Sanders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Scott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Stone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Laurentian Chamber Of Commerce Inc?

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

Mission Statement of Laurentian Chamber Of Commerce Inc

Laurentian Chamber of Commerce Inc, a business promotion organization, strives to advance the prosperity of its region through advocacy and education. Its mission is to actively promote businesses within the community, aiming to foster growth and success. The organization accomplishes this by implementing various programs designed to achieve this objective. Laurentian Chamber of Commerce Inc serves as a catalyst for business development, working tirelessly to enhance the region's economic landscape.

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Impact




October, 2024

Laurentian Chamber Of Commerce Inc significantly influences the local economy by promoting business growth through targeted education and advocacy. By offering programs designed to advance the prosperity of the region, it plays a crucial role in supporting local businesses and fostering a vibrant community. The chamber's efforts help create a favorable business environment, driving job creation and attracting new investments to Virginia, MN. Through its initiatives, the organization not only enhances the viability of existing businesses but also encourages entrepreneurial endeavors, ultimately leading to community improvement and economic resilience.




This information is meant to be a general summary of Laurentian 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
$174,458 (2022)
Expenses
$214,290 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $29
  • Gross Receipts: $261,384

Assets and Liabilities:

  • Total Assets: $183,667
  • Total Liabilities: $9,356
  • Net Assets: $174,311

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Organization Details

Founding Year

2003

Principal Officer

Teresa Appelwick

Main Address

5465 MOUNTAIN IRON DR, VIRGINIA, MN, 55792

NTEE Category

Code: S41 - Community improvement

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