Form 990 for tax year 2025
Filed by DULUTH AREA CHAMBER FOUNDATION.
Totals
- Total revenue
- $116,120
- Total expenses
- $128,995
- Contributions and grants received
- $115,688
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $431
- Other revenue
- $1
- Total assets, end of year
- $99,934
- Total liabilities, end of year
- $17,998
- Net assets or fund balances, end of year
- $81,936
- Program services expenses (Part IX)
- $110,995
- Management and general expenses
- $18,000
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $110,995
Program services were 86.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$115,688
-
3 · Investment income
total $431 · excluded $431
-
11a · Other revenue: MISCELLANEOUS REVENUE
total $1 · related or exempt $1
-
11e · Other revenue, total
$1
Functional expenses
Part IX, the statement of functional expenses.
-
11g · Fees: other
total $18,000 · management and general $18,000
-
24a · Other expenses: PROGRAM EXPENSES
total $110,995 · program services $110,995
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $108,723 · end of year $99,934
-
4 · Accounts receivable
beginning of year $4,088
-
17 · Accounts payable and accrued expenses
beginning of year $18,000 · end of year $17,998
-
27 · Net assets without donor restrictions
beginning of year $94,811 · end of year $81,936
Mission and programs · 2025
Mission
THE FOUNDATION IS ORGANIZED AND SHALL BE OPERATED FOR PURPOSES OF SUPPORTING THE WORK AND MISSION OF THE CHAMBER AND STRIVES TO IMPROVE ECONOMIC OPPORTUNITIES, EQUITY, AND IMPROVED QUALITY OF LIFE THROUGH RESEARCH, EDUCATION, ADVOCACY, PARTICIPATING IN CHARITABLE ACTIVITIES, AND SUPPORT OF INDIVIDUALS, BUSINESSES, ENTREPRENEURS, AND ECONOMIC TRANSACTORS.
-
THE FOUNDATION IS ORGANIZED AND SHALL BE OPERATED FOR PURPOSES OF SUPPORTING THE WORK AND MISSION OF THE CHAMBER AND STRIVES TO IMPROVE ECONOMIC OPPORTUNITIES, EQUITY, AND IMPROVED QUALITY OF LIFE THROUGH RESEARCH, EDUCATION, ADVOCACY, PARTICIPATING IN CHARITABLE ACTIVITIES, AND SUPPORT OF INDIVIDUALS, BUSINESSES, ENTREPRENEURS, AND ECONOMIC TRANSACTORS.
Expenses $110,995
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Matt BaumgartnerMATT BAUMGARTNER
CEO
- Total calculated
- $0
- Hours/week
- 1
-
Jon BirkelandJON BIRKELAND
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Renee Mattson BurnsRENEE MATTSON BURNS
CHAIR
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 14 August 2026
- IRS schema version
- 2025v4.0
- Source object
- 202602369349300210
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