2025-10-31T14:51:20-05:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 2689 COMMERCE DRIVE NW SUITE 201 ROCHESTER MN 55901 990 2024-01-01 410506950 ROCHESTER AREA CHAMBER OF COMMERCE ROCH 5072881122 220 S BROADWAY 100 ROCHESTER MN 55904 RYAN PARSONS PRESIDENT 5072881122 2025-10-30 1 1 KATHERINE LUTZKE CPA P01760889 5072802300 2025-10-30 2024 2025-03-06 01:10:19Z RYAN PARSONS 220 S BROADWAY 100 ROCHESTER MN 55904 1409382 0 X WWW.ROCHESTERMNCHAMBER.COM X 1866 MN THE CHAMBER PROMOTES BUSINESS SUCCESS WHICH SUPPORTS A THRIVING COMMUNITY. 20 20 13 36 31333 10899 0 1687 1248141 1354280 16735 29033 46669 24382 1311545 1409382 0 0 0 0 667473 784828 0 0 0 636544 798026 1304017 1582854 7528 -173472 1694119 1457396 658145 594894 1035974 862502 X THE CHAMBER PROMOTES BUSINESS SUCCESS WHICH SUPPORTS A THRIVING COMMUNITY. 1 0 CHAMBER ANNUAL MEMBER CELEBRATION-THE ROCHESTER AREA CHAMBER OF COMMERCE HOSTS AN ANNUAL MEMBER CELEBRATION TO RECOGNIZE AND HONOR THE CONTRIBUTIONS OF ITS MEMBERS, VOLUNTEERS, AND COMMUNITY PARTNERS. THIS EVENT BRINGS TOGETHER BUSINESS AND COMMUNITY LEADERS TO CELEBRATE THE ACHIEVEMENTS OF THE PAST YEAR, HIGHLIGHT ORGANIZATIONAL MILESTONES, AND PRESENT AWARDS RECOGNIZING EXCELLENCE IN BUSINESS AND COMMUNITY ENGAGEMENT. THE CELEBRATION FOSTERS NETWORKING, STRENGTHENS MEMBER RELATIONSHIPS, AND REINFORCES THE CHAMBER'S MISSION TO SUPPORT AND PROMOTE A VIBRANT BUSINESS COMMUNITY. SINCE 1987, THE CHAMBER'S LEADERSHIP GREATER ROCHESTER (LGR) PROGRAM HAS PROPELLED LEADERS IN THE COMMUNITY TO FURTHER BE INSPIRED, CONNECTED AND ENLIGHTENED. THE 1,000+ ALUMNI WHO HAVE GRADUATED FROM LGR HAVE GONE ON TO SERVE IN VARIOUS CIVIC, COMMUNITY, AND BUSINESS LEADERSHIP POSITIONS. THE LGR NETWORK STRETCHES ACROSS THE COMMUNITY, PRESENT IN ALMOST EVERY SECTOR.THIS 10-MONTH PROGRAM IMMERSES THREE DOZEN LEADERS IN SESSIONS EXAMINING EVERYTHING FROM ECONOMIC DEVELOPMENT AND THE LOCAL ARTS SCENE, TO WORKFORCE DEVELOPMENT AND BUILDING A SUSTAINABLE COMMUNITY. THROUGH ENRICHING CONVERSATIONS, BEHIND-THE-SCENES TOURS, AND WORK ON THE COMMUNITY IMPACT PROJECT, THE LGR EXPERIENCE BUILDS LIFELONG RELATIONSHIPS AND PROVIDES OPPORTUNITIES FOR BUSINESS AND COMMUNITY LEADERS TO SHAPE AND CONTRIBUTE TO THE FABRIC OF THE GREATER ROCHESTER AREA. ANNUAL GOLF OUTING - A TIME FOR OUR MEMBERSHIP TO COME TOGETHER AND ENJOY OUR MINNESOTA SUMMER WEATHER. THIS IS A FANTASTIC OPPORTUNITY FOR LEADERS TO CONNECT WITH OTHERS FROM THEIR OWN BUSINESS AND NETWORK WITH ROCHESTER AREA BUSINESS LEADERS. MEMBERS HAVE AN OPPORTUNITY TO PROMOTE THEIR BUSINESS AND ENJOY A DAY OF GOLF. LEMONADE DAY IS A COMMUNITY-WIDE PROGRAM THAT TEACHES LOCAL YOUTH ENTREPRENEURIAL AND LIFE SKILLS AS THEY LEARN HOW TO START THEIR VERY OWN BUSINESS, A LEMONADE STAND. THEY LEARN HOW TO DEVELOP A BUSINESS AND EXPERIENCE ALL THE ASPECTS OF MAINTAINING A BUSINESS, SUCH AS CREATING A PRODUCT, ESTABLISHING A BUDGET, DESIGNING A MARKETING PLAN, AND SO MUCH MORE. CHAMBER CHAMPIONS LEAGUE-UNITES BUSINESSES THROUGH A SERIES OF FRIENDLY HEAD-TO-HEAD COMPETITIONS, BLENDING PHYSICAL CHALLENGES, MENTAL TRIALS, AND TEAM-BUILDING ACTION IN ONE FUN-FILLED DAY OF TEAMWORK.RYT SUMMIT IS A PROFESSIONAL DEVELOPMENT CONFERENCE WITH A BLEND OF A LEADERSHIP PANEL, WORKSHOP, AND KEYNOTE SPEAKER PROVIDING INSIGHTS AND STRATEGIES FOR LEADERSHIP AND PROFESSIONAL GROWTH. 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 1 13 1 1 1 0 0 0 0 0 0 0 X 20 20 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X MICHAELA FREYLER 5072881122 220 S BROADWAY 100 ROCHESTER MN 55904 STEVE DUNN CHAIR 1.00 1.00 X X 0 0 0 GWEN STEVENS VICE CHAIR 1.00 1.00 X X 0 0 0 JESSICA EIDEM TREASURER 1.00 1.00 X X 0 0 0 JARETT JONES SECRETARY 1.00 1.00 X X 0 0 0 JOHN ECKERMAN SECRETARY (THROUGH SEPT) 1.00 1.00 X X 0 0 0 SCOTT EGGERT DIRECTOR AT LARGE 1.00 1.00 X 0 0 0 DOUG HOLTAN DIRECTOR 0.50 0.00 X 0 0 0 DR JEFFREY BOYD DIRECTOR 0.50 0.00 X 0 0 0 ULISES GONZALES DIRECTOR 0.50 0.00 X 0 0 0 CHAD LAUNDERVILLE DIRECTOR 0.50 0.00 X 0 0 0 CHAD BEHNKEN DIRECTOR 0.50 0.00 X 0 0 0 HEATHER DONOVAN DIRECTOR 0.50 0.00 X 0 0 0 TOM LEMIER DIRECTOR 0.50 0.00 X 0 0 0 KELSEY VASZILY DIRECTOR 0.50 0.00 X 0 0 0 KRISTY SUTTON DIRECTOR 0.50 0.00 X 0 0 0 OMAR NUR DIRECTOR 0.50 0.00 X 0 0 0 SANTHI ARUNACHALAM DIRECTOR 0.50 0.00 X 0 0 0 SYLWIA OLIVER DIRECTOR 0.50 0.00 X 0 0 0 BEN KING DIRECTOR 0.50 0.00 X 0 0 0 JENNA OBERNOLTE DIRECTOR 0.50 0.00 X 0 0 0 RYAN PARSONS PRESIDENT 65.00 1.00 X 152160 0 6077 152160 0 6077 1 0 1 0 0 1687 1687 1687 MEMBERSHIP DUES 561499 818285 818285 CHAMBER FUNCTIONS 561499 269328 269328 SPONSORSHIP INCOME 561499 266667 235334 31333 1354280 29033 29033 14703 0 14703 14703 14703 MISCELLANEOUS INCOME 561499 9679 9679 9679 1409382 1322947 31333 53415 158237 497785 12590 66288 49928 550 49911 41886 55228 39138 88488 61767 20388 9835 MEMBER RELATIONS PROGRA 142507 BAD DEBT EXPENSE 131916 OTHER 50322 ADVOCACY PROGRAM EXPENS 35669 70421 1582854 374408 211274 781633 759643 160645 128934 48576 42554 783541 468550 328857 314991 1694119 1457396 73277 42478 584868 552416 658145 594894 X 1035974 862502 1035974 862502 1694119 1457396 -173472 0 X 0 1 X 1 0 0 1 0 661509 406547 254962 122032 62003 60029 314991 X 1449888 40356 150 40506 1409382 0 1409382 1623360 40356 150 40506 1582854 0 1582854 PART X, LINE 2: THE CHAMBER IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE, SINCE IT IS AN ORGANIZATION DESCRIBED UNDER SECTION 501(C)(6), AND COMPARABLE SECTIONS OF THE MINNESOTA INCOME TAX STATUTES. THE CHAMBER GENERATES UNRELATED BUSINESS INCOME FROM ADVERTISING THROUGH THE CHAMBER'S NEWSLETTER AND WEBSITE. INCOME TAXES FOR UNRELATED BUSINESS INCOME ACTIVITIES ARE ACCRUED AND INCLUDED IN THE STATEMENTS OF ACTIVITIES IN THE YEAR INCURRED. THE CHAMBER HAS EVALUATED ITS TAX POSITIONS AND DETERMINED THAT IT HAS NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2024. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 150. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 150. X X X 0 0 0 RYAN PARSONS PRESIDENT 139360 0 5000 0 7800 0 4330 0 1747 0 158237 0 0 0 FORM 990, PART III, LINE 2 CHAMBER CHAMPIONS LEAGUE-UNITES BUSINESSES THROUGH A SERIES OF FRIENDLY HEAD-TO-HEAD COMPETITIONS, BLENDING PHYSICAL CHALLENGES, MENTAL TRIALS, AND TEAM-BUILDING ACTION IN ONE FUN-FILLED DAY OF TEAMWORK. RYT SUMMIT IS A PROFESSIONAL DEVELOPMENT CONFERENCE WITH A BLEND OF A LEADERSHIP PANEL, WORKSHOP, AND KEYNOTE SPEAKER PROVIDING INSIGHTS AND STRATEGIES FOR LEADERSHIP AND PROFESSIONAL GROWTH. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS COMPRISED OF CHAIR, CHAIR - ELECT, TREASURER, SECRETARY, AT LARGE MEMBER, PRESIDENT - NON - VOTING MEMBER. ALL ARE MEMBERS OF THE BOARD. THE EXECUTIVE COMMITTEE SHALL ACT FOR AND ON BEHALF OF THE BOARD OF DIRECTORS WHEN THE BOARD IS NOT IN SESSION BUT SHALL BE ACCOUNTABLE TO THE BOARD FOR ITS ACTIONS. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S MEMBERS ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B IN THE ELECTION OF NEW BOARD MEMBERS, THE ORGANIZATION'S MEMBERS HAVE THE POWER TO CONTEST A NOMINATION OR PROPOSE OTHER CANDIDATES. IF THIS HAPPENS, THE ENTIRE MEMBERSHIP VOTES ON THE NOMINATED CANDIDATES. FORM 990, PART VI, SECTION B, LINE 11B IT WILL BE SENT OUT TO BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C ROCHESTER AREA CHAMBER OF COMMERCE IS A NONPROFIT, TAX-EXEMPT ORGANIZATION. MAINTENANCE OF ITS TAX-EXEMPT STATUS IS IMPORTANT BOTH FOR ITS CONTINUED FINANCIAL STABILITY AND FOR PUBLIC SUPPORT. THEREFORE, THE IRS AS WELL AS STATE REGULATORY AND TAX OFFICIALS VIEW THE OPERATIONS OF ROCHESTER AREA CHAMBER OF COMMERCE AS A PUBLIC TRUST, WHICH SUBJECTS TO SCRUTINY BY AND ACCOUNTABLE TO SUCH GOVERNMENTAL AUTHORITIES AS WELL AS TO MEMBERS OF THE PUBLIC. CONSEQUENTLY, THERE EXISTS BETWEEN ROCHESTER AREA CHAMBER OF COMMERCE AND ITS BOARD, OFFICERS, AND MANAGEMENT EMPLOYEES AND THE PUBLIC A FIDUCIARY DUTY, WHICH CARRIES WITH IT A BROAD AND UNBENDING DUTY OF LOYALTY AND FIDELITY. THE BOARD, OFFICERS, AND MANAGEMENT EMPLOYEES HAVE THE RESPONSIBILITY OF ADMINISTERING THE AFFAIRS OF ROCHESTER AREA CHAMBER OF COMMERCE HONESTLY AND PRUDENTLY, AND OF EXERCISING THEIR BEST CARE, SKILL, AND JUDGEMENT FOR THE SOLE BENEFIT OF ROCHESTER AREA CHAMBER OF COMMERCE. THOSE PERSONS SHALL EXERCISE THE UTMOST GOOD FAITH IN ALL TRANSACTIONS INVOLVED IN THEIR DUTIES, AND THEY SHALL NOT USE THEIR POSITIONS WITH ROCHESTER AREA CHAMBER OF COMMERCE OF KNOWLEDGE GAINED THERE FROM FOR THEIR PERSONAL BENEFIT. THE INTERESTS OF THE ORGANIZATION MUST BE THE FIRST PRIORITY IN ALL DECISIONS AND ACTIONS. ON AN ANNUAL BASIS THE CHAMBER REQUIRES ALL BOARD OF DIRECTORS TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE. THESE QUESTIONNAIRES ARE REVIEWED BY THE VICE PRESIDENT OF FINANCE & ADMINISTRATION AND ANY NOTED CONFLICT IS DISCUSSED INDIVIDUALLY WITH THE BOARD DIRECTOR INVOLVED AND RESOLVED IN THE BEST INTEREST OF THE CHAMBER. FORM 990, PART VI, SECTION B, LINE 15 THE ANNUAL REVIEW OF THE CHAMBER'S PRESIDENT IS PERFORMED BY THE BOARD OF DIRECTORS. THE VICE PRESIDENT OF FINANCE & ADMINISTRATION COMPILES SALARY AND BENEFIT INFORMATION FROM CHAMBERS OF SIMILAR SIZE IN MEMBERSHIP AND REVENUE (DUES AND NON-DUES). RECENT MARKET INFORMATION IS ALSO ACCUMULATED PERFORMANCE EVALUATIONS FOR THE PRESIDENT ARE PREPARED BY BOARD MEMBERS, STAFF AND MEMBERS-AT-LARGE WHO WERE SELECTED AT RANDOM. THIS EVALUATION INFORMATION IS COMPILED AND DELIVERED TO THE BOARD OF DIRECTORS. THE BOARD OFFICERS REVIEW THE EVALUATIONS AND THE SALARY ANALYSIS DATA AGAINST A LISTING OF THE PRESIDENT'S CURRENT SALARY AND BENEFITS. ADJUSTMENTS TO THE COMPENSATION PACKAGE ARE SENT FROM THE BOARD CHAIR DIRECTLY TO THE VP OF FINANCE & ADMINISTRATION, AND COMPENSATION IS RECORDED IN THE MEETING MINUTES. THE COMPENSATION FOR THE PRESIDENT RYAN PARSONS WAS DETERMINED IN 2019 BY THE BOARD CHAIR & VICE CHAIR UTILIZING DATA PROVIDED BY THE VICE PRESIDENT OF FINANCE & ADMINISTRATION REGARDING CHAMBER PRESIDENT SALARIES AND BY THEIR USE OF INTERNAL EXECUTIVE OFFICER COMPENSATION PACKAGES. THE COMPENSATION FOR OTHER OFFICERS\KEY EMPLOYEES OF THE ORGANIZATION IS DETERMINED BY THE PRESIDENT UTILIZING CHAMBER SALARY REPORTS AND STATE\REGIONAL SALARY REPORTS ON COMPARABLE POSITIONS COMPILED BY THE VICE PRESIDENT OF FINANCE & ADMINISTRATION. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2019. FORM 990, PART VI, SECTION C, LINE 19 THE CHAMBER DOES NOT MAKE AVAILABLE TO THE PUBLIC ITS AUDITED FINANCIAL STATEMENTS, ARTICLES OF INCORPORATION, BY-LAWS AND POLICIES. ROCHESTER CHAMBER OF COMMERCE FOUNDATION 220 S BROADWAY STE 100 ROCHESTER MN 55904 411675433 WORKFORCE DEVELOPMENT & EDUCATION MN 501(C)(3) LINE 10 ROCHESTER AREA CHAMBER OF COMMERCE 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0