Skip to content
Nonprofiteer
← DULUTH AREA CHAMBER OF COMMERCE

Form 990 for tax year 2022

Filed by DULUTH AREA CHAMBER OF COMMERCE.

Totals

Total revenue
$1,093,913
Total expenses
$1,193,244
Contributions and grants received
$0
Grants paid
$128,303
Program service revenue
$830,277
Investment income
$2,265
Other revenue
$261,371
Total assets, end of year
$1,181,414
Total liabilities, end of year
$287,898
Net assets or fund balances, end of year
$893,516
Program services expenses (Part IX)
$0
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
not reported

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.

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $458,227 · related or exempt $458,227

  • 2b · Program service revenue: BUSINESS PROGRAMS

    total $372,050 · related or exempt $372,050

  • 3 · Investment income

    total $2,265 · excluded $2,265

  • 8a · Fundraising events: gross income

    $255,906

  • 8b · Fundraising events: direct expenses

    $86,947

  • 8c · Net income from fundraising events

    total $168,959

  • 11a · Other revenue: ADVERTISING

    total $58,513 · unrelated business $58,513

  • 11b · Other revenue: THEFT RESTITUTION

    total $33,899 · related or exempt $33,899

  • 11e · Other revenue, total

    $92,412

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $128,303

  • 5 · Compensation of officers, directors and key employees

    total $156,571

  • 7 · Other salaries and wages

    total $367,314

  • 8 · Pension plan contributions

    total $35,443

  • 9 · Other employee benefits

    total $97,666

  • 10 · Payroll taxes

    total $40,244

  • 11c · Fees: accounting

    total $66,590

  • 12 · Advertising and promotion

    total $8,474

  • 13 · Office expenses

    total $9,453

  • 16 · Occupancy

    total $36,600

  • 17 · Travel

    total $6,821

  • 22 · Depreciation, depletion and amortization

    total $3,900

  • 23 · Insurance

    total $6,714

  • 24a · Other expenses: ADMINISTRATIVE

    total $53,240

  • 24b · Other expenses: READERSHIP COSTS

    total $35,985

  • 24c · Other expenses: COGS

    total $35,755

  • 24d · Other expenses: DULUTH/ST. LOUIS COUNTY

    total $30,392

  • 24e · All other expenses

    total $73,779

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $363,199 · end of year $284,307

  • 2 · Savings and temporary cash investments

    beginning of year $610,374 · end of year $482,659

  • 4 · Accounts receivable

    beginning of year $110,076 · end of year $223,428

  • 9 · Prepaid expenses and deferred charges

    beginning of year $35,546 · end of year $45,514

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

    $133,593

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

    $126,388

  • 10c · Land, buildings and equipment, net

    beginning of year $7,516 · end of year $7,205

  • 15 · Other assets

    beginning of year $136,914 · end of year $138,301

  • 17 · Accounts payable and accrued expenses

    beginning of year $16,297 · end of year $19,978

  • 19 · Deferred revenue

    beginning of year $254,481 · end of year $267,920

  • 27 · Net assets without donor restrictions

    beginning of year $992,847 · end of year $893,516

Mission and programs · 2022

Mission

PROMOTE ECONOMIC DEVELOPMENT AND BUSINESS RELATIONSHIPS IN THE DULUTH AREA.

  • CHAMBER PROVIDES PROGRAMS FOR MEMBER TO PROMOTE ECONOMIC DEVELOPMENT IN THE AREA AND TO EXPAND EACH INDIVIDUALS BUSINESS RELATIONSHIP WITH OTHER MEMBERS.

As filed on the 2022 return.

Listed in Part VII

  • Matt Baumgartner

    PRESIDENT

    Total calculated
    $165,771
    From this org
    $165,771
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $153,771
    Bonus
    $12,000
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $165,771

  • Jeff Anderson

    BOARD

    Total calculated
    $0
    Hours/week
    1

  • Aj Axtell

    BOARD

    Total calculated
    $0
    Hours/week
    1

  • Dan Berg

    BOARD

    Total calculated
    $0
    Hours/week
    1

  • Jon Birkeland

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Sue Bosell

    BOARD

    Total calculated
    $0
    Hours/week
    1

  • Jennifer Cady

    CHAIR ELECT

    Total calculated
    $0
    Hours/week
    1

  • Scott Christensen

    BOARD

    Total calculated
    $0
    Hours/week
    1

  • Sara Cole

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Dan Collison

    BOARD

    Total calculated
    $0
    Hours/week
    1

  • Pat Degrood

    BOARD

    Total calculated
    $0
    Hours/week
    1

  • Dr Chiamaka Enemuoh

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Christie Erickson

    BOARD

    Total calculated
    $0
    Hours/week
    1

  • Ben Fagerlie

    BOARD

    Total calculated
    $0
    Hours/week
    1

  • Steve Glonchak

    BOARD

    Total calculated
    $0
    Hours/week
    1

  • Annie Harala

    BOARD

    Total calculated
    $0
    Hours/week
    1

  • Brianna Vander Heyden

    BOARD

    Total calculated
    $0
    Hours/week
    1

  • Kenzie Hohman

    BOARD

    Total calculated
    $0
    Hours/week
    1

  • Tiffany Hughes

    BOARD

    Total calculated
    $0
    Hours/week
    1

  • Briana Johnson

    BOARD

    Total calculated
    $0
    Hours/week
    1

  • Rachel Johnson

    BOARD

    Total calculated
    $0
    Hours/week
    1

  • Aaron Kelly

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Jill Keppers

    BOARD

    Total calculated
    $0
    Hours/week
    1

  • Lindsay Kern

    BOARD

    Total calculated
    $0
    Hours/week
    1

  • Renee Appel Mattson

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Dr Barbara McDonald

    BOARD

    Total calculated
    $0
    Hours/week
    1

  • Ben Norton

    BOARD

    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

None.

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

Provenance

Return type
form_990
Tax year
2022
Filed
15 August 2023
IRS schema version
2022v5.0
Source object
202302409349300785

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.