2024-11-14T16:50:39-05:00 2023-12-31 411710454 MYSLAJEK KEMP & SPENCER LTD 1000 SHELARD PARKWAY 6TH FLOOR ST LOUIS PARK MN 55426 990 2023-01-01 363557154 EXCELSIOR-LAKE MINNETONKA CHAMBER OF COMMERCE EXCE 9526866046 PO BOX 277 EXCELSIOR MN 55331 TIFFANY KING EXECUTIVE DIRECTOR 9524746461 2024-11-14 false MATTHEW K LIND CPA P01072458 9525444147 2024-11-14 2023 2024-10-15 13:58:12Z TIFFANY KING PO BOX 277 EXCELSIOR MN 55331 548878 false X EXCELSIOR-LAKEMINNETONKACHAMBER.COM X 1997 MN TO PROMOTE COMMERCE, RETAIL AND SERVICE BUSINESS, TO INCREASE PROSPERITY, TO ADVANCE THE GENERAL WELFARE OF THE LOCAL BUSINESS COMMUNITY AND TO ACQUIRE AND DISSEMINATE USEFUL BUSINESS INFORMATION. 11 11 2 350 0 8200 46340 36689 103805 559 108227 88357 153116 239061 0 0 139428 162326 0 0 32953 73020 172381 235346 -19265 3715 53970 48971 767 0 53203 48971 TO PROMOTE COMMERCE, RETAIL AND SERVICE BUSINESS, TO INCREASE PROSPERITY, TO ADVANCE THE GENERAL WELFARE OF THE LOCAL BUSINESS COMMUNITY AND TO ACQUIRE AND DISSEMINATE USEFUL BUSINESS INFORMATION. false false THE EXCELSIOR-LAKE MINNETONKA CHAMBER OF COMMERCE HOSTED NUMEROUS EVENTS DURING 2023 BENEFITING LOCAL BUSINESS OWNERS AND MEMBERS OF THE CHAPTER. THESE SUCCESSFUL EVENTS INCLUDED LUCK O' THE LAKE, THE BLACK GOWN GALA, EXCELSIOR ART ON THE LAKE, LAKE MINNETONKA 4TH OF JULY, APPLE DAYS AND THE EXCELSIOR-LAKE MINNETONKA CHAMBER GOLF TOURNAMENT. LOCAL BUSINESSES AS WELL AS INDIVIDUAL ATTENDEES BENEFIT FROM THE EVENTS PLANNED AND ORGANIZED BY THE EXCELSIOR-LAKE MINNETONKA CHAMBER OF COMMERCE. THE TOTAL ATTENDENCE OF SPONSORED EVENTS APPROXIMATED 18,000 DURING THE 2023 CALENDAR YEAR. THE CHAMBER ALSO HAD 198 MEMBERS BY YEAREND. false false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false true 0 0 2 true false false false false false false false false X 11 11 false false false false true true false true true false false true true false false false false true true false X X TIFFANY KING 9526866046 PO BOX 277 EXCELSIOR MN 55331 TIFFANY KING EXECUTIVE DI 40.00 X 89500 0 0 CHERYL HOLDS PRESIDENT 1.00 X X 0 0 0 GARY RINGATE PRESIDENT EL 1.00 X 0 0 0 REID NELLES IMMEDIATE PA 1.00 X 0 0 0 MARK KOZIKOWSKI TREASURER 1.00 X X 0 0 0 LAURIE LARSON SECRETARY 1.00 X X 0 0 0 CATHY KEEFE DIRECTOR 1.00 X 0 0 0 RYAN HOOGENAKKER DIRECTOR 1.00 X 0 0 0 SCOTT SEARLE DIRECTOR 1.00 X 0 0 0 MAURA STUDER DIRECTOR 1.00 X 0 0 0 SEAN WENHAM DIRECTOR 1.00 X 0 0 0 DANIELLE RILEY DIRECTOR 1.00 X 0 0 0 89500 false false false 46340 46340 MEMBERSHIP DUES 900099 77980 77980 EVENT SALES, TICKETS 900099 23323 23323 MEMBER DIRECTORIES REVENUE 561000 2502 2502 103805 559 559 398174 309817 88357 239061 103805 559 89500 54500 18326 4350 1790 2447 6582 2600 1278 3390 7851 SHOP SMALL EXPENSES 12488 HANGING BASKETS 7488 EVENT EXPENSES 7207 DUES & SUBSCRIPTIONS 3963 11586 235346 0 0 0 43173 48971 7947 2850 53970 48971 767 767 0 X 53203 48971 53203 48971 53970 48971 X 3715 -7947 X false false 4TH OF JULY & F 129431 129431 60319 1318 2935 38737 APPLE DAYS 104178 104178 39529 3962 22160 19056 4 160587 160587 69221 9306 8525 31438 394196 394196 169069 14586 33620 89231 306506 87690 FORM 990, PAGE 6, PART VI, LINE 6 THE BOARD OF DIRECTORS SHALL PRESCRIBE QUALIFICATIONS AND STANDARDS FOR BECOMING A MEMBER OF THE CHAMBER, ALONG WITH A SCHEDULE OF CLASSIFICATION OF MEMBERS AND DUES. HOWEVER, MEMBERSHIP DOES NOT CONFER ON A MEMBER ANY RIGHT TO VOTE ON ANY MATTER CONCERNING THE BUSINESS OR AFFAIRS OF THE CHAMBER OR THE BOARD OF DIRECTORS, EVEN IF THERE IS A MEETING OF THE MEMBERSHIP. FORM 990, PAGE 6, PART VI, LINE 7A THE BOARD OF DIRECTORS SHALL CONSIST OF AN ODD NUMBER OF NINE (9) OR MORE INDIVIDUALS, BUT NOT MORE THAN (13), DRAWN FROM THE MEMBERSHIP OF THE CHAMBER (THE ACTUAL NUMBER TO BE DETERMINED FROM TIME TO TIME BY THE BOARD OF DIRECTORS) AND ELECTED BY THE BOARD OF DIRECTORS IN ACCORDANCE WITH SECTION 2.3 OF THE BYLAWS. A DIRECTOR SHALL SERVE FOR A FIXED TERM SPECIFIED AT THE TIME OF ELECTION, WHICH TERM SHALL NOT EXCEED TWO (2) YEARS. A DIRECTOR MAY NOT SERVE MORE THAN THREE (3) SUCCESSIVE TERMS. A DIRECTOR SHALL HOLD OFFICE FOR THE TERM FOR WHICH THE DIRECTOR WAS ELECTED AND UNTIL A SUCCESSOR IS ELECTED AND HAS QUALIFIED, OR UNTIL THE EARLIER DEATH, RESIGNATION, REMOVAL OR DISQUALIFICATION OF THE DIRECTOR. THE TERMS OF DIRECTORS SHALL BE STAGGERED IN A MANNER DETERMINED BY THE NOMINATING COMMITTEE. THE EXECUTIVE COMMITTEE OR A SUBCOMMITTEE THEREOF APPOINTED BY THE EXECUTIVE COMMITTEE SHALL ACT AS THE NOMINATING COMMITTEE. THE NOMINATING COMMITTEE SHALL RECRUIT QUALIFIED CANDIDATES TO SERVE AS DIRECTORS AND SHALL SOLICIT AND CONSIDER NOMINATIONS FROM CURRENT DIRECTORS AND OTHERS. EACH CANDIDATE MUST BE A MEMBER IN GOOD STANDING OF THE CHAMBER AND MUST HAVE AGREED TO ACCEPT THE RESPONSIBILITIES OF A DIRECTOR. AT LEAST THREE (3) DAYS BEFORE THE MONTHLY BOARD OF DIRECTORS' MEETING IN THE CALENDAR MONTH OF OCTOBER, THE NOMINATION COMMITTEE SHALL PRESENT TO THE BOARD OF DIRECTORS A SLATE OF CANDIDATES TO REPLACE THOSE DIRECTORS WHOSE TERMS ARE EXPIRING OR HAVE BEEN TERMINATED. FORM 990, PAGE 6, PART VI, LINE 11B THE ORGANIZATION'S TREASURER REVIEWS A DRAFT OF THE FORM 990 AND THEN PRESENTS A FINAL COPY TO THE PRESIDENT AND EXECUTIVE DIRECTOR. EITHER OF THE MENTIONED POSITIONS CAN SIGN THE FORM 990. THE FORM 990 IS ON THE AGENDA FOR THE NEXT REGULAR MEETING OF THE BOARD OF DIRECTORS. THE TAX RETURN IS PRESENTED TO AND DISCUSSED BY THE BOARD MEMBERS. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS ESTABLISHES REASONABLE COMPENSATION FOR THE EXECUTIVE DIRECTOR VIA ANNUAL REVIEW. COMPARABLE DATA IS ALSO TAKEN INTO CONSIDERATION. FORM 990, PAGE 6, PART VI, LINE 15B SAME AS 15A. FORM 990, PAGE 6, PART VI, LINE 19 COPIES OF FORM 990 ARE AVAILABLE THROUGH NUMEROUS INTERNET WEBSITES. GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. ARTICLES OF ORGANIZATION ARE ON FILE WITH THE MINNESOTA SECRETARY OF STATE. FORM 990, PART XI, LINE 9 DISPOSAL OF OLD ASSETS -7,947 AS OF 1/1/2023, EXCELSIOR LAKE-MINNETONKA CHAMBER OF COMMERCE DISPOSED OF PRIOR YEAR ASSETS NO LONGER IN-SERVICE WITH THE ORGANIZATION. THESE ASSETS HAD BEEN SOLD IN A PRIOR YEAR AND MISCLASSIFIED AS REVENUE FROM PROGRAM SERVICES AND NO LONGER IN OPERATIONS WITH THE ORGANIZATION. THE DECREASE IN FUND ASSETS OF 7,947 REPRESENTS THE RESIDUAL COSTS OF THE ASSETS.