Duluth Area Chamber Foundation

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

EIN: 882181306 ✦ Duluth, MN ✦ Designated as a 501(c)(3)

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Overview

What is Duluth Area Chamber Foundation?

The Duluth Area Chamber Foundation is a nonprofit organization that aims to boost the Chamber's work and mission. They strive to enhance economic prospects, promote equity, and enhance overall quality of life in the area. They accomplish this goal through various means, including research, education, advocacy, and involvement in charitable activities. Furthermore, they offer support to individuals, businesses, entrepreneurs, and economic participants, playing a significant role in the community's development.

Is Duluth Area Chamber Foundation legitimate?

Duluth Area Chamber Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Duluth Area Chamber Foundation submitted a form 990EZ, 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.

What is the mission statement of Duluth Area Chamber Foundation?

The Duluth Area Chamber Foundation's mission is centered around supporting the work of the Chamber. It strives to enhance economic opportunities, promote equity, and improve the quality of life in various ways. This is achieved through research, education, advocacy, involvement in charitable activities, and providing support to individuals, businesses, entrepreneurs, and economic transactors. The foundation's objectives are to operate for these purposes and contribute to the betterment of the community.

Who is the CEO of Duluth Area Chamber Foundation?

Matt Baumgartner is the Ceo of Duluth Area Chamber Foundation. The CEO's salary of Duluth Area Chamber Foundation is $0 and their total compensation is $0.

What is the revenue of Duluth Area Chamber Foundation?

Duluth Area Chamber Foundation's revenue in 2022 was $133,361.

Who are the executives of Duluth Area Chamber Foundation and what are their salaries?


Here are 4 key members and their salaries (Duluth Area Chamber Foundation's CEO's salary is $0 and their total compensation is $0):


Daniel Fanning (Director)
  • Compensation: $36,662
  • Related: $0
  • Other: $0
Matt Baumgartner (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renee Mattson (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Birkeland (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Duluth Area Chamber Foundation?

Duluth Area Chamber Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Duluth Area Chamber Foundation

The Duluth Area Chamber Foundation is an organization dedicated to supporting the objectives and mission of the Chamber. Its primary purpose is to enhance economic prospects, promote equity, and contribute to an improved quality of life. To achieve these goals, the Foundation engages in various activities, including research, education, advocacy, and participation in charitable endeavors. The Foundation further extends its support to individuals, businesses, entrepreneurs, and economic transactors. Through its initiatives, the Duluth Area Chamber Foundation aims to foster a conducive environment that fosters growth and development, ultimately benefiting the community at large.

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Impact




October, 2024

The Duluth Area Chamber Foundation plays a vital role in enhancing the economic landscape and quality of life in the Duluth community. By focusing on improving economic opportunities and advocating for equity, the Foundation drives initiatives that support individuals, businesses, and entrepreneurs.

Through research and education, the Foundation equips stakeholders with the knowledge and tools necessary to thrive in the ever-evolving economic environment. Their commitment to advocacy ensures that the voices of the community are heard, fostering a more inclusive and equitable marketplace.

Additionally, participation in charitable activities allows the Foundation to directly impact those in need, reinforcing a culture of support across the region. By championing economic transactors, the Foundation cultivates a vibrant ecosystem that benefits all facets of the Duluth area, ultimately improving the overall quality of life for its residents.




This information is meant to be a general summary of Duluth Area 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.

Revenue
$133,361 (2022)
Expenses
$47,174 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $58
  • Gross Receipts: $133,361

Assets and Liabilities:

  • Total Assets: $133,361
  • Total Liabilities: $47,174
  • Net Assets: $86,187

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Organization Details

Principal Officer

Matt Baumgartner

Main Address

5 WEST 1ST STREET RM/STE 101, DULUTH, MN, 55802

NTEE Category

Code: T30 - Philanthropy

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