Skip to content
Nonprofiteer
← SHAKOPEE CHAMBER OF COMMERCE

Form 990 for tax year 2022

Filed by SHAKOPEE CHAMBER OF COMMERCE.

Totals

Total revenue
$812,954
Total expenses
$729,702
Contributions and grants received
$243,720
Grants paid
$0
Program service revenue
$563,902
Investment income
$29
Other revenue
$5,303
Total assets, end of year
$610,523
Total liabilities, end of year
$231,238
Net assets or fund balances, end of year
$379,285
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

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.

  • 1c · Fundraising events

    $144,925

  • 1e · Government grants (contributions)

    $98,795

  • 2a · Program service revenue: Lodging Tax

    total $411,478 · related or exempt $411,478

  • 2b · Program service revenue: Member Dues

    total $90,547 · related or exempt $90,547

  • 2c · Program service revenue: Member Meetings & Othe

    total $57,852 · related or exempt $57,852

  • 2d · Program service revenue: Member Advertising

    total $4,025 · unrelated business $4,025

  • 3 · Investment income

    total $29 · excluded $29

  • 8a · Fundraising events: gross income

    $328,610

  • 8a · Fundraising events: contributions included on line 1c

    $144,925

  • 8b · Fundraising events: direct expenses

    $323,307

  • 8c · Net income from fundraising events

    total $5,303 · excluded $5,303

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $119,959

  • 7 · Other salaries and wages

    total $177,247

  • 9 · Other employee benefits

    total $25,493

  • 10 · Payroll taxes

    total $24,750

  • 11c · Fees: accounting

    total $18,453

  • 12 · Advertising and promotion

    total $233,490

  • 13 · Office expenses

    total $22,901

  • 14 · Information technology

    total $5,604

  • 16 · Occupancy

    total $6,778

  • 17 · Travel

    total $3,226

  • 19 · Conferences, conventions and meetings

    total $3,997

  • 20 · Interest

    total $4,177

  • 22 · Depreciation, depletion and amortization

    total $2,759

  • 23 · Insurance

    total $1,255

  • 24a · Other expenses: Membership

    total $35,685

  • 24b · Other expenses: Equipment Maintenance

    total $20,994

  • 24c · Other expenses: Dues and Subscriptions

    total $8,694

  • 24d · Other expenses: Other Expenses

    total $6,623

  • 24e · All other expenses

    total $7,617

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $356,129 · end of year $309,342

  • 2 · Savings and temporary cash investments

    beginning of year $8,400 · end of year $58,419

  • 4 · Accounts receivable

    beginning of year $24,512 · end of year $28,097

  • 8 · Inventories for sale or use

    beginning of year $24,566 · end of year $26,070

  • 9 · Prepaid expenses and deferred charges

    beginning of year $18,549 · end of year $82,893

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

    $253,031

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

    $178,770

  • 10c · Land, buildings and equipment, net

    beginning of year $73,250 · end of year $74,261

  • 15 · Other assets

    beginning of year $0 · end of year $31,441

  • 17 · Accounts payable and accrued expenses

    beginning of year $16,643 · end of year $23,242

  • 19 · Deferred revenue

    beginning of year $40,563 · end of year $28,050

  • 23 · Secured mortgages and notes payable

    beginning of year $152,167 · end of year $148,505

  • 25 · Other liabilities

    beginning of year $0 · end of year $31,441

  • 27 · Net assets without donor restrictions

    beginning of year $296,033 · end of year $379,285

Mission and programs · 2022

Mission

To strengthen our Community by advancing business, tourism, and the economy.

  • The Shakopee Chamber connects local businesses, service organizations and all levels of government to create an environment where people want to live, work and play. The Chamber is a voluntary, not-for-profit business organization dedicated to improving the economic environment of the community as an active, problem solving organization. The Shakopee Chamber of Commerce focuses on economic development, workforce development, and legislative advocacy and membership services. The strength of the Chamber lies in its membership, small businesses, large corporations, home-based businesses, and professional men and women, working together to enhance the quality of life in Shakopee through a wide variety of programs and initiatives. The Shakopee Chamber works to positively impact the quality of life in the region, while supporting the growth and prosperity of our members from education to economic development. The Shakopee Chamber of Commerce is committed to giving each member an opportunity to prosper in today's competitive business world. The Chamber works closely with the city of Shakopee and neighboring communities, Scott county, and local service organizations to promote the economic health of our community. The Shakopee Chamber is the primary source for businesses and individuals seeking information on the business climate in our community, as well as serving as the primary destination marketing organization for Shakopee.

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Tim Zunker

    President

    Total calculated
    $119,959
    From this org
    $115,289
    From related orgs
    $0
    Other
    $4,670
    Hours/week
    40

  • Bryce Hotzler

    Chair

    Total calculated
    $0
    Hours/week
    2

  • Amy Schmidt

    Vice Chair

    Total calculated
    $0
    Hours/week
    2

  • Shane Hoffman

    Treasurer

    Total calculated
    $0
    Hours/week
    2

  • Lindsey Puffer

    Secretary

    Total calculated
    $0
    Hours/week
    2

  • Chad Peterson

    Director

    Total calculated
    $0
    Hours/week
    1

  • Tim Whitcomb

    Director

    Total calculated
    $0
    Hours/week
    1

  • David Pass

    Director

    Total calculated
    $0
    Hours/week
    1

  • Scott O'Brien

    Director

    Total calculated
    $0
    Hours/week
    1

  • Rodney Southwood

    Director

    Total calculated
    $0
    Hours/week
    1

  • Jeff Smolinski

    Director

    Total calculated
    $0
    Hours/week
    1

  • Michael Klemm

    Director

    Total calculated
    $0
    Hours/week
    1

  • Jennifer Carlson

    Director

    Total calculated
    $0
    Hours/week
    1

  • Samantha Waller

    Director

    Total calculated
    $0
    Hours/week
    1

  • Randy Dehmer

    Director

    Total calculated
    $0
    Hours/week
    1

  • Raul Rehnborg

    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.

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.

  • Shakopee Chamber Foundation

    501(C)3 · Support charitable & educational activities in the City of Shakopee, MN · MN

    Directly controlled by Shakopee Area Chamber of Commerce

Provenance

Return type
form_990
Tax year
2022
Filed
27 July 2023
IRS schema version
2022v5.0
Source object
202332129349301803

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.