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Nonprofiteer
← GREATER NORTH DAKOTA CHAMBER OF COMMERCE

Form 990 for tax year 2024

Filed by GREATER NORTH DAKOTA CHAMBER OF COMMERCE.

Totals

Total revenue
$1,268,798
Total expenses
$1,188,833
Contributions and grants received
$324,612
Grants paid
$0
Program service revenue
$888,110
Investment income
$56,076
Other revenue
$0
Total assets, end of year
$1,975,592
Total liabilities, end of year
$703,877
Net assets or fund balances, end of year
$1,271,715
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$786,490

Program services were 0.0% 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

    $324,612

  • 2a · Program service revenue: MEMBERSHIP DUES & ASSESSMENTS

    total $743,175 · related or exempt $743,175

  • 2b · Program service revenue: ADVERTISING

    total $108,023 · related or exempt $46,396 · unrelated business $61,627

  • 2c · Program service revenue: MEETINGS/EVENTS

    total $36,912 · related or exempt $36,912

  • 3 · Investment income

    total $56,076 · excluded $56,076

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $239,710

  • 7 · Other salaries and wages

    total $417,931

  • 8 · Pension plan contributions

    total $13,589

  • 9 · Other employee benefits

    total $32,419

  • 10 · Payroll taxes

    total $45,216

  • 11b · Fees: legal

    total $280

  • 11c · Fees: accounting

    total $60,332

  • 11d · Fees: lobbying

    total $33,079

  • 11g · Fees: other

    total $2,800

  • 12 · Advertising and promotion

    total $12,375

  • 13 · Office expenses

    total $54,583

  • 14 · Information technology

    total $24,499

  • 16 · Occupancy

    total $60,258

  • 17 · Travel

    total $39,132

  • 19 · Conferences, conventions and meetings

    total $75,934

  • 22 · Depreciation, depletion and amortization

    total $25,087

  • 23 · Insurance

    total $6,367

  • 24a · Other expenses: DUES/SPONSORSHIPS

    total $26,885

  • 24b · Other expenses: PROFESSIONAL DEVELOPMENT

    total $11,487

  • 24c · Other expenses: UNRELATED BUS INCOME TAX

    total $5,304

  • 24d · Other expenses: OTHER

    total $1,566

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $283,799 · end of year $424,200

  • 2 · Savings and temporary cash investments

    beginning of year $1,256,681 · end of year $1,336,376

  • 4 · Accounts receivable

    beginning of year $44,711 · end of year $17,507

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,250 · end of year $1,500

  • 10a · Land, buildings and equipment: cost or other basis

    $172,078

  • 10b · Land, buildings and equipment: accumulated depreciation

    $100,068

  • 10c · Land, buildings and equipment, net

    beginning of year $89,368 · end of year $72,010

  • 14 · Intangible assets

    beginning of year $139,342 · end of year $98,430

  • 15 · Other assets

    beginning of year $25,533 · end of year $25,569

  • 17 · Accounts payable and accrued expenses

    beginning of year $23,782 · end of year $38,195

  • 19 · Deferred revenue

    beginning of year $395,584 · end of year $480,977

  • 21 · Escrow or custodial account liability

    beginning of year $4,896 · end of year $4,896

  • 25 · Other liabilities

    beginning of year $225,672 · end of year $179,809

  • 27 · Net assets without donor restrictions

    beginning of year $1,175,682 · end of year $1,244,146

  • 28 · Net assets with donor restrictions

    beginning of year $16,068 · end of year $27,569

Mission and programs · 2024

Mission

THE GREATER NORTH DAKOTA CHAMBER OF COMMERCE WORKS ON BEHALF OF OUR MEMBERS TO ADVOCATE FOR A POSITIVE BUSINESS CLIMATE.

Activities or mission (Part I)

THE GREATER NORTH DAKOTA CHAMBER OF COMMERCE WORKS ON BEHALF OF OUR MEMBERS TO ADVOCATE FOR A POSITITVE BUSINESS CLIMATE.

  • MEMBER SERVICES - TO KEEP MEMBERS INFORMED ON ISSUES THAT MAY AFFECT THEIR BUSINESS THROUGH COMMUNICATIONS INCLUDE E-NEWSLETTERS, A QUARTERLY MAGAZINE, ISSUE ALERTS, AND A VARIETY OF EVENTS. SERVICING APPROXIMATELY 800 MEMBERS ACROSS NORTH DAKOTA. EXPENSES LISTED ARE DIRECT COSTS ONLY AND DO INCLUDE ANY ALLOCATION OF STAFF COSTS TO RUN THE EVENTS.

    Expenses $445,040

  • PUBLIC POLICY - TO BE AN ADVOCATE FOR NORTH DAKOTA BUSINESSES BY ADVOCATING ON STATE AND FEDERAL LEGISLATION AND REGULATORY ISSUES TO MAKE NORTH DAKOTA A COMPETITIVE PLACE TO DO BUSINESS. SERVING APPROXIMATELY 800 MEMBERS ACROSS NORTH DAKOTA. EXPENSES LISTED ARE DIRECT COSTS ONLY AND DO INCLUDE ANY ALLOCATION OF STAFF COSTS TO RUN THE EVENTS.

    Expenses $267,704

  • MEETINGS AND SPECIAL EVENTS INCLUDING CEO ROUNDTABLE, MANUFACTURING DAY, AND CHAMBER DAY TO ENGAGE MEMBERS IN SPECIAL AREAS AND SHARE IDEAS AND EXPERIENCES AMONG BUSINESS MEMBERS. EXPENSES LISTED ARE DIRECT COSTS ONLY AND DO INCLUDE AND ALLOCATION OF STAFF COSTS TO RUN THE EVENTS.

    Expenses $73,746

As filed on the 2024 return.

Listed in Part VII

  • Arik Spencer

    PRESIDENT &

    Total calculated
    $226,210
    From this org
    $185,579
    From related orgs
    $0
    Other
    $40,631
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $185,579
    Bonus
    not reported
    Other
    not reported
    Deferred
    $7,988
    Nontaxable benefits
    $32,643
    Filer's total
    $226,210
  • Molly Barnes

    CHAIR

    Total calculated
    $0
    Hours/week
    5
  • Danette Welsh

    CHAIR-ELECT

    Total calculated
    $0
    Hours/week
    5
  • John Oncken

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    5
  • Tonya Holstrom

    FINANCE CHAI

    Total calculated
    $0
    Hours/week
    5
  • Jeremy Rham

    POLICY CHAIR

    Total calculated
    $0
    Hours/week
    5
  • Mike Heger

    MEMBER AT LA

    Total calculated
    $0
    Hours/week
    1
  • Ryan Ackerman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Alissa Adams

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Paula Anderson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Andrew Askew

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Josh Blackaby

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kent Blickensderfer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Don Campbell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Matthew Chaussee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Matt Dunlevy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Cory Fong

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Amber Larson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Kevin Magstadt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Peter Matthaei

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Victor Meyers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dan Pearson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Todd Schaffer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Jade Scherr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Thomas Stromme

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Steve Thomas

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Troy Walker

    DIRECTOR

    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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
22 April 2026
IRS schema version
2024v5.0
Source object
202601139349300045

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